NDLEA arraigs man over alleged importation of 12.9 kg of Heroin

The National Drug Law Enforcement Agency (NDLEA), today, arraigned a man who claimed to be jobless, Abdulmutiu Adeleke Adewale, before a Federal High Court, Lagos, over alleged importation of 12.9 kilograms of Heroin. Adewale, a resident of 42, Havillah Estate, Matogun, Oke-Aro, Ogun State, was arraigned before Justice Saliu Saidu led-court on a three count-charge of conspiracy and unlawful dealing in the said drug by the NDLEA. The defendant was alleged to have conspired with one Jamiu, to import 12.9 kilograms of Heroin, into the country sometimes in the month…

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Court to hear motion for arrest of oil marketer, Chima Anyaso over N2.06bn fraud

A Federal High Court, Lagos, on Friday, adjourned for hearing of a motion on notice for the arrest of an Independent Oil Marketer, Chima Anyaso, over his failure to answer charges of forgery and fraud of N2.066, 400 billion. The Attorney-General of the Federal (AGF) had filed the application following persistent failure of the Oil Marketer to appear in court. AGF had sometimes last year filed a three-count charge against the oil Marketer and his company, Ceecon Energy Oil and Gas Limited, of alleged forgery and N2. 066, 400 billion…

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Business man remanded in prison custody for breaking SON seal

A businessman, Cajetan Chike Muonagolu has been ordered to be remanded in prison custody by Justice Saliu Saidu of the Federal High Court Ikoyi Lagos on a 4 count charge bordering on dealing in adulterated and substandard engine oil. The court admitted Muonagolu to bail in the sum of N50million and two sureties in the like sum. One of the sureties must be a civil/public servant not less than Grade Level 15 in the employment of the Federal or Lagos State Government while the other must be the defendant’s relation…

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Recovery of N5trillion bad debts should be collective concerns of all Nigerians – AMCON

… Says recalcitrant debtors, reflection of Nigeria society Managing director and chief executive officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has again reiterated that the over N5trillion bad debts, which Nigerians expect AMCON to fully recover before its sunset should be seen as a collective problem that concerns all Nigerians irrespective of their socio-political, ethnic and cultural ideologies. Kuru who was represented by the executive director, Assets, Dr. Eberechukwu Uneze, made the declaration when he received a group of cadets from the Accounting Department of the…

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Company manager docked for stealing over N100m goods

A manager with an Ibadan-based company, Ayokunle Ajetunmobl, was today, brought before Justice A. S Bolaji, of Iyanganku High Court of Oyo State, for alleged stealing of his employer’s goods valued more N100, 362,332 million. Ajetunmobi, who work with Expand Global Industry Limited, was arraigned before the court by the General Investigation department of Force Criminal Intelligence and Investigation Department (ForceCIID), Alagbon-Ikoyi, Lagos, on a 13 count-charge of conspiracy, Stealing, fraudulent conversion and fraud. The defendant according to the prosecution counsel, Mr. Morufu Animashaun, allegedly committed the offence between the…

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Alleged N120m fraud: Trial of Lawyer, 2 others adjourned till May 22

The trial of a lawyer, Idowu Adebayo Michael and two others who were charged before a Federal High Court, Lagos, over alleged N120 million fraud, has been adjourned till May 22. The lawyer, Michael was charged before Justice Chukwujekwu Aneke led-court by the Special Fraud Unit (SFU), of the Nigeria Police Force, Ikoyi-Lagos, on a six count-charge bordering on conspiracy, obtaining the sum of N120 million under false pretence, false presentation and forgery.    Charged alongside the lawyer are: Mukaila Fakos and Engineer Rasaq Sefiu Adesina, who are first and…

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Contractor docked for defrauding hotel of N25m

A Nigeria contractor, Fagbenro Oyebode Olukayode, has been arraigned before a Federal High Court, Lagos, for allegedly defraud of a hotel, Rebisi Hotel Limited and one Seidougha Munamuna a foreigner of the sum of N25 million. Fagbenro was arraigned on Friday, by the Special Fraud Unit (SFU) of Nigeria Police Force, Ikoyi-Lagos, before Justice Saliu Saidu led-court, on a five count-charge of conspiracy, money laundering and obtaining under false pretence. Arraigning the defendant, the prosecutor, Mr. Chukwu Agwu, a Deputy Superintendent of Police (DSP), told the court that the defendants and…

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Intercontinental Bank: How Saraki, Imoukhuede, Wigwe loans led to Akingbola’s prosecution

A Federal High Court, Lagos, today, heard how billions of naira loans taken by the Senate President, Bukonla Saraki and others from the defunct Intercontinental Bank Plc, led to the prosecution of the bank’s former managing director, Dr. Erastus Akingbola. Akingbola is being tried by the Economic and Financial Crimes Commission (EFCC) in an amended 22 counts charge. At the resumed hearing of the matter today, the prosecution witness, Mr. Abdulraham Jimoh, while being cross examined by Chief Wole Olanipekun (SAN), admitted that a company linked to the Senate President,…

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Ethiopian accepts preliminary report indicating Pilots followed recommended procedures

Ethiopian Airlines has acknowledged the preliminary report into Flight 302 which clearly showed that the the Airlines Pilots who were commanding Flight ET 302/10 March have followed the Boeing recommended and FAA approved emergency procedures to handle the most difficult emergency situation created on the airplane. The Airlines while acknowledging the preliminary report of the accident appreciated the hard work of the investigation team. The report noted that despite the pilots hard work and full compliance with the emergency procedures, it was very unfortunate that they could not recover the…

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Court docks businessman for N150m fraud, forgery

A 42 years old man, Afam Agbo was on Wednesday, arraigned before a Federal High Court, Lagos, over alleged N150 million fraud and forgery. He was arraigned alongside his company, Konkomm Telecom Limited, on three counts charge, bordering on conspiracy, fraud and forgery, before Justice Sule Hassan led-court, by the men of Special Fraud Unit (SFU) of Nigeria Police Force (NPF), Ikoyi-Lagos. The defendant, his company and others now at large, according to the police committed the offences between the year 2012 and January 2013, and between Lagos State and…

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