Developer took N53billion from federal mortgage bank without providing houses.

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says an unscrupulous real estate developer collected N53 billion public funds without providing houses for subscribers. Professor Bolaji Owasanoye, ICPC chairman, however, said the commission has recovered the money for the Federal Mortgage Bank of Nigeria. He disclosed this during a meeting with the House … Continue reading Developer took N53billion from federal mortgage bank without providing houses.