Two fraudsters, who operates illegal and unregistered Bureau De Change (BDC) Uju Peace Iziogu and Mr Richard Owegie, were today, convicted by a Federal High Court, Lagos, for defrauding their victims to a whooping sum of N162 million. The two illegal BDC operators were convicted alongside their company, Reoworld Enterprises Limited of […]
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The Supreme Court today dismissed an application by Shell Petroleum Development Company, SPSC, asking the court to revisit of a January 11, 2019 judgment ordering it to pay N17 billion to some Ogoni communities in Rivers State affected by oil spill from the company’s facilities in 1970. The five-man panel led by Justice Olabode […]
Story By Gbenga Ogunbufunmi Adamu Yusuf, an investigator with the Economic and Financial Crimes Commission (EFCC), today, told the a Federal High Court, Lagos, how Abdullahi Babalele, a son-in-law to former Vice President Alhaji Atiku Abubakar, gave the sum of $140,000.00 USD, to former President Olusegun Obasanjo through one Bashir Mohammed to […]
Story By Gbenga Ogunbufunmi An investigator with the Economic and Financial Crimes Commission (EFCC), Mr Olamide Sadik today, told a Federal High Court sitting in Lagos, how former Kwara State Governor and the immediate past Senate President, Dr Bukola Saraki used Kwara State money to defrayed the loans he obtained from Guarantee Trust Bank Plc, […]
Story By Gbenga Ogunbufunmi A Federal High Court sitting in Lagos presided over by Justice Saliu Saidu has ordered the remand of a fraud suspects, Salami Mufa till December 1st, 2020 when his bail application will be heard and determined. Justice Saidu ordered the remand following the arrangement of Mufa who was alleged to […]
Story By Gbenga Ogunbufunmi A farmer, Odebija Samson, has been arraigned before a Federal High Court, Lagos for allegedly being in possession of N2, 529 million of fake of one thousand naira (N1,000) denominations. Samson was arraigned before Justice Ayokunle Faji by the Economic and Financial Crimes Commission (EFCC), on 17 counts charge […]
Story By Gbenga Ogunbufunmi The Economic and Financial Crimes Commission (EFCC) has signified its intention to tender additional documents used by Mr. Francis Atuche and Charles Ojo, both former Managing Directors of the defunct BankPHB and Spring Bank Plc, in an alleged N125 billion fraud. EFCC through its prosecutor, Mr. Kemi Pinheiro (SAN) […]
Story By Gbenga Ogunbufunmi A Federal High Court sitting in Lagos has dismissed the no-case submissions filed by a former Lagos socialite and Nollywood film-maker, Olajide Kareem, a.k.a Seun Egbegbe, and his co-defendants, in response to the charges of serial frauds filed against them by the police. The court, in a ruling by Justice Oluremi […]
Story By Gbenga Ogunbufunmi Further hearing of the trial of three men who allegedly duped a former House of Representative member, Honourable Eseme Eyiboh of the sum of $1.632 million and N46.5 million, was today adjourned till January 22, 2021. The three defendants, Izekor Osatohanmwen Ogiemonyi, alias, Prince Joshua Akenzua: Stephen Victor, alias James Ajayi: […]
Federal High Court sitting in Lagos today convicted a businessman Nwajagu Chidiebere James for importing 3.240 kilogrammes of Cocaine into the country. However, the trial judge could not sentence the convict as he ran away sometimes in 2018 and had since refused to submit himself for trial till date The convict, Nwajagu […]