Bank MD, 2 nuns, university deputy VC arrested over ₦1.2bn loan fraud The Economic and Financial Crimes Commission (EFCC) has arrested four prominent individuals, including a bank managing director, two Catholic nuns, and a university deputy vice-chancellor, in connection with a ₦1.2 billion loan fraud. The suspects are accused of manipulating shareholders' records to avoid repaying the loan. The suspects are Rev. Sister Annette Ezekwem and Rev. Sister Getrude Okafor of Madonna University, along with Mr. Mark Egbegolu, the Managing Director of Mayfresh Mortgage Bank Limited. The principal suspect in the...