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Tag Archives: Misleading#

N41Bn NITEL Liquidation Scam; UBA Distances Self, Describes Reports Untrue, Malicious, Misleading

LAGOS – United Bank for Africa (UBA) Plc has described as “untrue, misleading, malicious, libelous” reports in a section of the media that Mr Tony Elumelu, Chairman, UBA Plc, was allegedly involved in a N41 billion fraud, with respect to the defunct Nigeria Telecommunication Company (NITEL). According to the reports, …

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