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FG goes after Petro Union Oil as directors remanded over £2.6bn fraud

…P&ID-type case sought to scam CBN/Union Bank

Justice Mohammed Liman of a Federal High Court in Lagos on Thursday ordered the remand of four directors of Petro Union Oil and Gas Limited in the custody of the Economic and Financial Crimes Commission (EFCC) over an alleged £2.6 billion fraud. The order was sequel to the arraignment of the directors alongside the firm,…

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