CBN Recovers N8.6 Billion From (Remita) SystemSpecs
The Central Bank of Nigeria has recovered N8.6 billion fraudulently deducted by a Lagos-based software firm, SystemSpecs which provided the e-Payment/e-Collection solution used for Transfer of Government money by Banks to The treasury single account (TSA) . Sources in the CBN stated that the implementation of the modular solution was approved by the former CBN Governor who is the […]
FRAUD| Senate Directs CBN To Stop Payments To Remita, Investigates TSA
Senate has ordered its committee on finance, banking, other financial institutions and public account to carry out a holistic investigation on the management of the treasury single account (TSA). In a motion co-sponsored by 35 senators, Dino Melaye, senator representing Kogi west, had alleged that there were underhand practices in the management of the TSA. […]
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