CIG motors fires director, refers case to EFCC
[NigerianEye - Nigeria] - 5/01/2026
A financial scandal has rocked CIG Motors Co. Ltd following the termination of the appointment of its Executive Director, Jubril Arogundade, over allegations of financial misappropriation and abuse of authority.The company confirmed that the matter has been formally referred to the Economic and Financial Crimes Commission for further investigation. In a statement on Sunday, CIG Motors announced the immediate termination of Arogundade’s appointment, citing the outcome of an internal investigation.The company said the decision followed a period of suspension and a “comprehensive internal (…)
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