Fraud: EFCC arraigns 3 for alleged conversion of N96.7m

Three persons, Kasumu Shakiru Ademola, Salau Omoniyi Mukaila and Ganiu Oluyede Ishola were on Monday arraigned before a Federal High Court, Lagos, by the Economic and Financial Crimes Commission (EFCC), for alleged fraudulently conversion of the total sum of N96, 739, 666.86 million. The three defendants were arraigned on eight counts charge bordering on conspiracy, unlawful conversion and fraud alongside a stock broking firm, CSL Stockbrokers. EFCC in a charge marked FHC/L/397c/18, alleged that the three defendants and the stockbroking firm had on or about June 25, 2015, conspired among…

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N4.7bn Fraud: I cannot recollect my salary as Deputy Speaker – Ladoja’s witness

N4.7bn Fraud: I Cannot Recollect My Salary As Deputy Speaker – Ladoja’s Witness A former Deputy Speaker of the Oyo State House of Assembly, Hon. Titilola Ademola Dauda, today, told a Federal High Court, Lagos, that he could not recollect what he earned as salary during his tenure as the Deputy Speaker of the State Assembly. Dauda, who was the Deputy Speaker of Oyo State House of Assembly, during Chief Rashidi Ladoja’s reign in the State stated this while being cross-examined by the prosecutor, Oluwafemi Olabisi in the trial of…

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N1.6bn Fraud: Ex-President Jonathan aide, Dudafa, other plea not guilty to amended charge

The former Senior Special Assistant to President Goodluck Jonathan, on Domestic Affairs, Dr. Waripamo-Owei Emmanuel Dudafa, today, pleaded not guilty to the 22 counts amended charge filed against him by the Economic and Financial Crimes Commission (EFCC) over alleged N1.6bn fraud. Also, Dudafa’s co-defendant, Iwejuo Joseph Nna, equally pleaded not to the amended charge. The plea of the two defendants were retaken on the amended charge dated November 9, 2018, after Justice Mohammed Idris, had ruled that the prosecution can amend charge before judgment of any case. Delivering ruling either…

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Court grants Fayose N50m bail, fixes Nov. 19, for commencement of trial

A Federal High Court, Lagos, today, October 24, granted bail in the sum of N50 million  to the immediate past Governor of Ekiti State, Ayodele Fayose, standing trial on charges bordering on alleged N6.9billion electioneering campaign  fraud.  Fayose was arraigned on last Monday, October 22, by The Economic and Financial Crimes Commission (EFCC), alongside a company Spotless Investment Limited,  on 11 counts bordering on the offence. He had pleaded not guilty to the charges, while the court had adjourned the case for hearing of his bail application. Meanwhile, the court…

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Ex-Union Bank employee docked over N8.6m internet fraud 

A former banker with the Union Bank of Nigeria Plc, Mr. Kazeem Alli, was today, Monday October 22 arraigned before a Federal High Court, Lagos, on alleged conspiracy, impersonation and Internet fraud of N8.7 million. Alli was arraigned on the alleged charge before Justice (Professor) Chuka Obiozor, by  the Economic and Financial Crimes Commission (EFCC). The former banker according to the EFCC, had on May 8, 2018, still working as a staff of Union Bank of Nigeria Plc, failed to obtain proper data of a customer of the bank in…

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