NAICOM sacks ‘fake directors’ from firms

NAICOM sacks ‘fake directors’ from firms

The regulatory order placed on Goldlink Insurance Plc and International Energy Insurance (IEI) and others by the National Insurance Commission (NAICOM) is yielding results.

The commission has booted out some directors from the companies. Similarly, the Commission claimed that a particular chairman returned N66 million cash looted from a risk bearing firm.

Commissioner for Insurance, Mohammed Kari who spoke with reporters in Gombe, Gombe State, said parties that engaged in corrupt practices would be reported to anti-graft agencies for prosecution. Read more

About The Author

Osigweh Lilian Oluchi is a graduate of the University of Lagos where she obtained a B.A (Hons) in English, Masters in Public and International affairs (MPIA). Currently works with 1stnews as a Database Manager / Writer. [email protected]

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