Apex bank prayed Court for an order that commercial banks freeze the account of 10 Meter Asset Providers (MAPs) involved with the NMMP for 180 days, pending the outcome of its investigation, Mojec welcomes probe The Central Bank of Nigeria (CBN) has begun the probe of Mojec Meter Asset Management Company Ltd. (M3AC) and nine other Meter Asset Providers (MAPs) for alleged diversion of funds running into millions of dollars which the Nigerian government provided for the Mass Metering Programme. Platforms Africa reports that the apex bank has already…
Read MoreCBN Begins Probe, Insists 10 Providers Divert Electricity Meter Funds
