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EFCC arrests bank staff for ‘N34 million fraud’
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested one Elizabeth Modupe Osunjuyigbe, an employee of Access Bank Plc, for an alleged fraudulent diversion of funds to the tune of over N34m (Thirty-four Million Naira). The suspect, who was arrested on Friday April 30, 2021, allegedly sent a fraudulent request sometime in January to the Branch Service Manager of Access Bank, Adeola Odeku, Lagos State, to issue a draft of the sum of N31, 330, 165. 00 (Thirty One Million, Three Hundred and Thirty Thousand, One Hundred and Sixty-five Naira) in favour of one Best Timland Nigeria Limited. Investigations revealed that the suspect allegedly forged a solicitor’s letter dated January 19, 2021 directing the bank to issue the draft in favour of Best Timland, claimi...
EFCC hands over recovered N67.5 million to victim in Enugu
YouTube The Economic and Financial Crimes Commission (EFCC), has restituted the sum of N67,523,000 to one Mr. Emmanuel Onyekachukwu Onah, a trader based in Onitsha, Anambra State. EFCC spokesperson, Wilson Uwujaren, said Onah’s ordeal started sometime in 2019 when he transferred the sum of N75,760,540.00 to the duo of Tega Esinone and Obiajulu Umeagukwu for onward transmission to his business partner, Crecedor Industrial Co. Ltd in Hong Kong. The suspects converted the money to their own use. After efforts to recover his money from the suspects failed, Onah petitioned the EFCC. The commission in the course of investigating the scam, initiated a non-conviction based forfeiture process which culminated in a December 1, 2020 ruling by Justice I.N Buba of the Federal High Court, Enugu, orderin...
Federal government okays N20.1 billion for Nigerian customs equipment
The federal government has approved a total of N20,114,002871 for the acquisition of various operational equipment for the Nigerian Customs Service (NCS). The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House Correspondents after the federal executive council (FEC) meeting presided over by Vice President, Yemi Osinbajo at the presidential villa on Wednesday. The Minister said further that Council also approved the sum of N539,277,673 for the construction of the Federal Inland Revenue Service (FIRS) building at the Ilupeju Medium and Small Taxpayers’ office in Lagos. On the breakdown of contracts approved for Customs, the Minister said a total of 427 operational vehicles, worth N14.55 billion and nine assorted gunboats worth N5,564,002,871 were a...
Payroll fraud: Gombe approves N1.49 billion for biometric system installation
The Gombe State Government has approved the sum of N1.499 billion for the supply and installation of biometric attendance system to check payroll fraud in the state’s civil service. Muhammad Magaji, the state’s Commissioner of Finance and Economic Development, stated this, on Wednesday, while addressing newsmen after the 12th State’s Executive Council meeting. Magaji said the initiative tagged “Gombe state Integrated Payroll Payment Gateway and Human Resource Management Information System’’ would help to reduce, if not eliminate, payroll fraud. According to him, when installed, the system would increase transparency in the payment of salaries and pensions, as well as effectively manage the state’s human resource capacities at both state and local government levels. He stated that the initi...
How love affair gone bad led to imprisonment of Prophet Israel Oladele
When the Lagos State Court of Appeal granted the Senior Shepherd-in-Charge of the Celestial Church of Christ, Genesis Global, Prophet Israel Oladele Ogundipe, a post-conviction bail last week, on grounds of failing health, quite a number of people, particularly members of his congregation, were very happy with the news. This is because the televangelist’s previous bail applications were all turned down. Oladele was arraigned on seven counts bordering on obtaining by stealing, inducing delivery of money by false pretences, unlawful conversion of property and forgery, fraudulently collected N14m and £12,000 in various tranches from the complainant between August 30, 2002 and 2005. He was found guilty on two counts of stealing and unlawful conversion of property not delivered. And on November...
Court urged to restrain Nigerian government on £4.2 million James Ibori loot
The Federal Government has been sued over its planned use of the £4.2million linked to former Delta State Governor James Ibori. The President, League of Ndokwa Professionals (LNP), Chief Tony Amechi and Legal Adviser, Evans Ufeli, on behalf of the people of Delta State, are challenging the Federal Government’s plan to deploy the funds to projects outside Delta. The Attorney-General of the Federation (AGF), the Federal Executive Council (FEC) and the Minister for Finance are the defendants. In their originating motion, the plaintiffs seek a declaration that the first and second defendants’ decision to deploy the yet to be repatriated sum of £4.2million belonging to Delta State government (when repatriated) for Federal Government’s projects is unconstitutional and repugnant to natural justic...
House minority caucus flays $1.5 billion approval for rehabilitation of Port Harcourt refinery
The Minority Caucus in the House of Representatives Tuesday described the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery as a huge scam and a ploy by unscrupulous elements to siphon public funds. The Federal Executive Council (FEC) had recently at its virtual meeting presided over by President Muhammadu Buhari approved $1.5 billion for the rehabilitation of the refinery. But, the caucus in a statement by its Leader, Hon. Ndudi Elumelu, while rejecting the amount, said the figure is outrageous and heavily inflated, demanding an immediate review of the cost. The lawmakers noted that while they are in support of any genuine effort to bridge energy deficit in Nigeria, such should not be used as a ploy by corrupt individuals to fleece the nation. The caucus called...
#EndSARS: Lagos governor extends panel sittings by three months
The governor of Lagos State, Babajide Sanwo-Olu, has extended the tenure of the state’s Judicial Panel on Restitution for Victims of the defunct Special Anti-Robbery Squad (SARS) Related Abuses and Other Matters for another three months. This was disclosed on Tuesday by the panel headed by retired Justice Doris Okuwobi. With the extension the panel had been granted legal backing to six till July 19 instead of the initial deadline of April 19 in its terms of reference. The Lagos Judicial Panel was inaugurated by the Lagos State Governor on October 19 to among other things receive memoranda from concerned members of the public and inquire into cases of abuse, brutality, torture and extra judicial killings by the disbanded Special Anti-Robbery Squad, SARS, in Lagos. Its terms of reference als...
Nigerian government tenders foreign currency in ‘money laundering’ trial of ex-NAF chief
The Federal Government, on Thursday, tendered before the Federal High Court, Abuja, different currencies of dollars stashed in three bags as evidence in the money laundering charge against Air Commodore Umar Mohammed (rtd.) Counsel to the Attorney General of the Federation (AGF), Magaji Labaran, tendered the bags of money before Justice Inyang Ekwo while leading the only witness in the case, Stephen Olatubosun, in evidence. Newsmen report that Mohammed (1st defendant) and his company, Easy Jet Integrated Service Ltd (2nd defendant), are being charged with three counts bordering on money laundering, illegal possession of firearms and possession of classified documents without lawful authority. The retired air officer and his company are alleged to have received the sum of one million, thirt...
TUC opposes sale of Port Harcourt refinery
File Photo The Trade Union Congress (TUC) is opposed to the sale of the Port Harcourt Refinery as canvassed by many Nigerians, its secretary-general, Musa Lawan, has said. The Federal Executive Council last week approved $1.5 billion (about N600 billion) for the rehabilitation of the 210,000 barrels per day refinery. The FEC approved the amount at its virtual meeting presided by President Muhammadu Buhari. The approval came amidst a controversial price increase in the pump price of petrol that was later reversed. Although Nigeria has four refineries, all government-owned, it currently imports virtually all its refined petroleum products. The approval for the Port Harcourt Refinery was greeted with mixed feelings as the country in the past spent billions of dollars on refinery maintenance w...
Senate advocates stiffer penalties for employers involved in ill treatment of employees, child labour, others
The Senate on Tuesday, passed for second reading, a Bill which seeks to review the Labour Act to provide stiffer penalties for various offences ranging from ill treatment of workers by employers, modern slavery, child labour to discrimination against women in the work place. The legislation titled ‘A Bill for an Act to amend the labour Act Cap L1, LFN, 2004 to review labour fine and other related matters, 2021,’ is sponsored by Senator Francis Onyewuchi (Imo East). According to the draft Bill, Section 21 proposed a fine of N500,000 and N1,000,000 from the present fine of N800 and N500 for first and second offences relating to “Breach of terms and conditions of employment”, as it relates to the wage hour, nature of employment, leave and contracts of employment, among others. Section 46 also...
ICPC drops forgery charges against ex-presidential aide
File Photo The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has amended the corruption and certificate forgery charges it filed against an ex-presidential aide, Okoi Obono-Obla. The amendment, coming less than two months after Obono-Obla and his co-defendants were arraigned by the commission, reduced the number of counts from 10 to five. The amended charges filed at the High Court of the FCT, in Apo, Abuja, on March 4 and seen by newsmen on Sunday, also revealed that the anti-corruption agency has backtracked on its allegations of certificate forgery sensationally levelled against Obono-Obla in 2019. Obono-Obla, a former special adviser to President Muhammadu Buhari on Prosecutions, was suspended by the President as the chairman of the Special Presidential Inv...
