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Tag: Olam Nigeria Limited

Prakash Kanth: Olam Nigeria incredibly paid N1bn bail to release director from DSS custody – Official

Posted on September 15, 2023

In order to release one of its directors, Prakash Kanth, sources said that Olam Nigeria Limited had paid a huge N1 billion bail money. A separate recovery account was controlled by the…

Olam Nigeria Limited is being investigated for alleged $50b scam

Posted on September 8, 2023

The DSS is looking into a $50 billion economic fraud involving Olam Nigeria Limited, Olam International, and their nine subsidiaries. Since 2015, the corporation has booked over $34 billion in round-trip foreign…

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