BREAKING: EFCC Petitioned Over Alleged Fraud in the Cooperative, Loans and thrift Society of National Ear Care Centre, Kaduna
Members of the Cooperative, Loans and Thrift Society of National Ear Care Centre, Kaduna, have petitioned the Economic and Financial Crimes Commission (EFCC) over alleged financial misappropriation, diversion of funds, and lack of accountability by successive executives of the Cooperative Society The cooperative society, according to its stated objectives, is meant to provide loans to members at reasonable interest rates, grant financial assistance to members, promote a savings culture, share profits and surplus, encourage investment, and supply food items and other products at affordable costs etc However, some members alleged that these objectives “have not been realistic” under the last two administrations led by Hadiza Haruna and Ya’u Anthony Dogara, and the current president, Shuaibu Rani. Members who spoke on condition of anonymity claimed that the society’s account, which reportedly received over N120 million monthly 10 years ago, now receives less t...