NIB

NIB Smashes $350 Million Cocaine Haul

NIB Smashes $350 Million Cocaine Haul

In a groundbreaking operation, the National Intelligence Bureau (NIB) has intercepted a staggering 3,319.66 kilogrammes (3.3 tonnes) of substances suspected to be cocaine, with a street value of approximately $350 million. The massive haul was concealed in sacks and bags cleverly hidden in heaps of sand in a tipper truck to evade detection. However, the vigilant NIB operatives were able to uncover the illicit cargo, marking a significant milestone in the country's fight against narcotics. The tipper truck was arrested at Pedu Junction in Cape Coast in the Central Region en route to Accra. The interception of the over 3,300kg…
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Minority Slams NIB Over Alleged Double Standards

Minority Slams NIB Over Alleged Double Standards

The New Patriotic Party (NPP) Minority Caucus in Parliament, has criticised the National Intelligence Bureau (NIB) for summoning the Minority Chief Whip, Frank Annoh-Dompreh, over alleged inciteful remarks. Mr Annoh-Dompreh had allegedly urged NPP supporters in Ablekuma North to stand by their fellow party members in confrontations with the National Democratic Congress (NDC). Unfairness At a press conference held in Parliament House last Thursday, the Deputy Minority Leader, Patricia Appiagyei, condemned the NIB's approach, calling it an unfair application of justice. She said: " If the NIB is truly committed to upholding law and order, they must explain why the…
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Government Considers Plan To Allow ADB Takeover NIB – Report

Government Considers Plan To Allow ADB Takeover NIB – Report

Government is reported to be considering plans which will see the Agriculture Development Bank (ADB) takeover the operations of the National Investment Bank (NIB). According to a Joy Business report, the decision is on the back of moves to restructure the state-owned NIB which has been faced with an array of challenges in the last few years as government can longer continue to advance financing support to the Bank. The portal added that people with knowledge of the proposed takeover hinted that although government is mulling over other options, the decision to allow ADB to takeover NIB is the likeliest…
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