N3.4bn fraud: BDC operator tells court how Akpolobokemi secure fake contracts

A Bureau De Change operator, Mohammed Yusuf Yahaya, today, told a Federal High Court, Lagos, how Nigerian Maritime Administration Safety Agency (NIMASA) under the leadership of Dr. Patrick Ziadeke Akpolobokemi, used his letterhead paper to secure fake contracts. Yahaya who is the ninth witness called in the trial of Dr. Akpolobokemi, a former Director General of NiMASA and others who are standing trial before Justice Ayotunde Faji-led court on N3.4 billion fraud charge leveled agaiyhim by the Economic and Financial Crimes Commission (EFCC). Others standing trial alongside Akpolobokemi are: Captain Bala…

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Court sentences man to 7 years imprisonment over drug importation

A Brazil-based Nigerian, Nogueria Achiagonye Solomon Onyinye, was today convicted and sentenced to seven years imprisonment, by a Federal High Court, Lagos, for unlawful importation of 1.5 kilograms of Cocaine. Onyinye was given the jail term by Justice Ayotunde Faji, after the National Drugs Law Enforcement Agency (NDLEA) had reviewed the facts of the crime against the convict, after changing his plea.  The convict was arrested by the operatives of the NDLEA, on January 8, 2018, at the arrival hall of Murtala Muhammad International Airport, Ikeja, Lagos, during inward clearance…

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Access Bank, Etiebet to settle out of Court over unpaid debt

Parties in a suit between Access Bank Plc and former Minister of Petroleum, Chief Don Etiebet over an unpaid debt today told Justice Mohammed Liman of the Federal High Court, that parties to the dispute have agreed to settle of of court. Following the inability of Don Etiebet to pay the multi billion naira loan owed the bank, the plaintiff, Access Bank had taken steps to take over the Etiebet Place, a property situate at  Bank Anthony Way, Ikeja, Lagos, one of the  properties used as collateral for securing the…

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PDP chieftain, 2 INEC officials rearraigned over N179.8m fraud

The Deputy National Chairman (South) of the People’s Democratic Party (PDP) Yemi Akinwonmi alongside two officials of the Independent National Electoral Commission (INEC) were today, rearraigned before a Federal High Court, Lagos, on alleged N179.8 million fraud. The two INEC officials who were rearraigned by the Economic and Financial  Crimes Commission (EFCC) alongside Akinwommi are: Dickson Atiba and Ogunmodede Oladayo. The three defendants were first arraigned before Justice Sule Hassan, on July 30, 2018, during the court’s annual vacation, while they were granted bail by Justice (Professor) Chuka Austine Obiozor,…

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FG appoints Capt. Hamisu Yadudu as new FAAN MD

The federal government has approved the appointment of Captain Rabiu Hamisu Yadudu as the new managing director of the Federal Airports Authority of Nigeria (FAAN). Captain Yadudu whose appointment takes immediate effect takes over from the former managing director, Engr. Saleh Dunoma. The new appointment was announced in an official statement issued Monday and signed by the deputy director Press & Public Affairs, Ministry of Transportation (Aviation), James Odaudu. An ICAO / ACI accredited International Airport Professional, Captain Yadudu was until his new appointment, the Director of Airport Operations of…

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Fadeyi residents seek justice as Police arrest 4 suspected cultists

The residents of Fadeyi in Somolu Local Government Area of Lagos State, have   called on the Lagos State Command of the Nigerian Police Force (NPF) to ensure that justice is done in the case of four suspected armed cultists and armed robbers now cooling their heels with men of the Lagos State Anti-Robbery Squad (SARS). The four suspected cultists, Waziri Yusufu; Tega Michael; Afolabi Alabi and Murphy Etu, according to the residents were arrested by the Police last week Wednesday, at Isheri, with high calibre rifles and other ammunition. The…

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Court freezes firms accounts over N4.2bn debt to AMCON

A Federal High Court, Lagos, today, ordered interim freezing of bank accounts of a limited liability company, Al Kahf Limited, over alleged indebtedness of N4. 282, 918, 018,43 billion to the Asset Management Corporation of Nigeria (AMCON). The court also ordered the company, its servants, agents, officers, directors, shareholders, employees, creditors, assigns, donees, tenants, privies and any other persons to deliver to AMCON the company’s property situated at Plot 1145B, Victoria Island layout, now known as 1, Mike Inegbese close, Amodu Ojikutu, Victoria Island, Lagos, with Certificate of Occupancy (CofO)…

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British firm offers FG olive branch over contract dispute

.. As Nigeria’s judgment debt rises above $9bn Nigeria stands to lose up to $9 billion worth of its foreign assets followingan enforcement application to US and UK courts by Process and Industrial Development (P &ID), a British firm tied up in a legal dispute with the federal government.  The court case arose out of the failure of a contract awarded the company in 2010 to process wet gas to power Nigeria’s generating plants. In January 2017, a London tribunal, organized under the rules of the Nigeria Arbitration and Conciliation…

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Arik Air announces arrival aircraft from maintenance

Arik Air has announced the arrival of one of its aircraft fresh from maintenance overseas. The aircraft, a Boeing 737-700 NG touched down in Lagos Wednesday morning and it has since been deployed to service. The aircraft which went through heavy maintenance at the Approved Maintenance Organisation (MRO) came back with fresh C-check, new exterior and interior fittings. It is the first of the four aircraft expected to return from maintenance this month. Other three are due to arrive between now and end of May. Speaking on the latest development,…

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Illegal arms importation: Court dismisses accused’s motion seeking to witness mother’s burial

A Federal High Court, Lagos, today, dismissed a motion filed by Oscar Okafor, one of the defendants facing trial on alleged illegal importation of 661 pump action rifles into the country, seeking the court’s permission to attend his late mother’s burial. The court presided over by Justice Ayotunde Faji, dismissed the motion on the ground that the charges which the applicant is standing trial for is one that affects national security which is above any other interests. Okafor is standing trial on alleged illegal importation of 661 pump action rifles…

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