Money Laundering
Court admits Senator Ndume to bail citing ‘good behaviour’
Justice Okon Abang of the Federal High Court, Abuja, yesterday, on grounds of “good behaviour”, admitted Senator Ali Ndume to bail over his suretyship for former Chairman of the defunct Pension Reform Task Team, Mr. Abdulrasheed Maina. Maina, who is standing trial on a 12-count charge of alleged N2 billion money laundering, was assumed to have jumped bail following his failure to appear in court for his trial on four different adjournments. It would be recalled that Justice Abang had admitted Maina to bail in the sum of N500 million and a surety in like sum, who must be a serving Senator and must attend every court proceedings relating to the matter. Ndume had stood surety for Maina in his alleged money laundering trial and was consistent in attending Maina’s trial until sometime in Septem...
#RevolutionNow: Appeal court strikes out Omoyele Sowore’s appeal
The Court of Appeal in Abuja, on Wednesday, struck out the notice of appeal that convener of the 2019 #RevolutionNow protest, Mr. Omoyele Sowore, filed to challenge his bail conditions. Sowore, who was the presidential candidate of the African Action Congress, AAC, in the last general election and publisher of an online news outlet, Sahara Reporters, is facing treasonable felony charge the Federal Government preferred against him before the Federal High Court in Abuja. Though he was initially arraigned alongside his co-defendant Olawole Bakare (A.K.A. Mandate) on September 30, 2019, on a seven-count charge that bordered on conspiracy, money laundering, cyber-stalking and for allegedly insulting President Muhammadu Buhari, the prosecution subsequently reduced the charge to two counts. Meanw...
Atlanta-Based Activist Sir Maejor Page Arrested For Wire Fraud & Money Laundering
Source: Chris McKay / Getty All skinfolk, ain’t kinfolk. An Atlanta-based activist is making that quite clear after he got caught being funny with BLM donation money. AJC is reporting is that Sir Maejor Page, also known as Tyree Conyers-Page, who founded the Black Lives Matter Greater Atlanta Facebook page, is in some serious trouble. The FBI claims that Page spent more than $200,000 in donations that were sent to a GoFundMe account linked to the page that was intended to go to the Black Lives Matter movement. According to investigators, Page used the money on numerous personal purchases, including high-end clothing, a home, furniture, accessories, and more. Page was arrested on Friday (Sept.25) in Toledo, Ohio. The purchases were broken down in the federal complaint with Page spending $1,...
Ibrahim Magu failed to account for interest on N550 billion recovered loot – panel
Voice of Nigeria A prior presidential panel, which investigated the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, indicted him, a report has alleged. The report noted that the embattled EFCC boss had been unable to account for the interest generated from N550bn cash recovered from 2015 to 2020. The panel is separate from the panel led by a former President of the Court of Appeal, Justice Ayo Salami, which is currently probing Magu and other top officials of the agency. The chairman of the previous committee was Alhaji Abdullahi Ibrahim and the members were DIG Anthony Ogbizi; a member from Federal Ministry of Justice; Mualledi Dogondaji from the EFCC; Hassan Abdullahi from the DSS; an unnamed member from the Office of the Accountant General of the...
FBI: Hushpuppi attempted to dupe Premier League club of £100 million
Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, on Friday made his first court appearance in an American court where the Federal Bureau of Investigation alleged that he attempted to dupe an English Premier League football club of £100m (N48.4bn). The allegation is contained in an affidavit deposed to by FBI Special Agent, Andre Innocenti, who is assigned to the Los Angeles Filed Office High-tech Organise Crime Squad. According to the FBI, the suspect is facing charges of conspiracy to commit money laundering among others. The affidavit read in part, “Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million (approximately $124 million) from an English Premie...
EFCC: Lockdown won’t abort cases against ex-first lady, former governors, others
The lockdown arising from coronavirus appears to have slowed down the fight against corrupt practices in the country for close to six weeks. Meanwhile, the Economic and Financial Crimes Commission, EFCC, says there is no cause for alarm as it will ensure that none of its ongoing investigations and cases in court will be aborted. The Commission is certain that as the federal and state governments begin to reopen the economy, it will ramp up legal actions to bring the suspects of financial crimes to account for their actions. “These suspects will unfailingly have their days in court,” EFCC Acting Chairman, Ibrahim Magu, declared. Documents reviewed by newsmen indicate that the Commission has its hands full of cases awaiting resolution in court, while some cases being investigated are ripe en...
Ivory Coast’s Guillaume Soro faces war crimes lawsuit in France
File Photo Ivory Coast’s former prime minister Guillaume Soro, a rebel leader before he entered politics, is facing a lawsuit in France for war crimes, torture and murder, lawyers told AFP. The plaintiffs say the case is being filed in France because Soro has been living in the country since 2019. Late last month, he was handed a 20-year jail term in Ivory Coast for embezzlement, money laundering, and buying a mansion in the West African country’s main city Abidjan with public money. The Abidjan court fined him nearly seven million euros ($7.6 million), ordered the confiscation of his Abidjan home and barred him from civic duties for five years, which effectively eliminates the 47-year-old from contesting presidential elections due in October. Soro denies all accusations. The latest lawsui...
