Alleged N125b fraud: Keystone Bank furnishes Court with documents used by Atuche, Ojo

Keystone Bank Plc, today, furnished Justice Ayikunle Faji, of a Lagos Federal High Court, with the minutes of 38 Board of Director General Meeting held on July 2008, at Victoria Island, Lagos, in compliance to the subpoena issued by the court, in the trial of alleged N125 billion fraud trial of Mr. Francis Atuche and Charles Ojo, who were former managing directors of the defunct, Bank PHB and Spring Bank Plc. Justice Faji had issued a subpoena directing Keystone Bank Plc, to produce the document, at the last hearing of…

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Police rearraigns unregistered BDC operator over N162m fraud

An unregistered Bureau De Change (BDC) operator, Uju Peace Izuogu, who allegedly defrauded her customer of the sum of N162 million alongside her accomplice, Richard Owegie, were today, rearraigned before a Federal High Court, Lagos, by the Police Special Fraud Unit (PSFU). The two alleged fraudsters, Uju and Richard, alongside their company,  Reoworld Enterprises Limited, were rearraigned before Justice Ayokunle Faji, led-court on a three-count charges of fraud, obtaining under false pretence and receiving and retaining proceeds of fraud. They were formerly arraigned before the court on charges of fraud,…

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Police drag GTB, 2 others to Court over alleged $667, 000 fraud

The Police Special Fraud unit (PSFU), has dragged Guaranty Trust Bank (GTB) Plc and two others before a Federal High Court, Lagos, over alleged $667, 000 USD, fraudulently lodged with the bank. Others joined with GTB Plc in a suit marked FHC/L/CS/586/2020, are: Albert Austine Ugochukwu and a limited liability company, Tasmara Integrated Services Limited. GTB Plc and others were brought before the court presided over by Justice Ayokunle Faji, by PSFU in a motion exparte, pursuant to section 6(6)(b), (2)(k) of the Constitution of the Federal republic of Nigeria…

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Court dismisses businessman’s N100 suit against IGP, other over alleged rights breach

A Federal High Court, Lagos, today, dismissed a N100 million suit filed by a businessman, John Obi against the Inspector-General of Police and a limited liability company, Suntory Beverage and Food Limited, for lacking in merits. The court presided over by Justice Ayokunle Faji, also dismissed the businessman’s request for court’s declaration that his arrest and detention between June 6 and 7, 2018, by the men of Force Criminal Investigation Department (ForceCID) Alagbon, Ikoyi, Lagos, was unlawful, persecutory, illegal and in gross violation of his personal liberty as guarantee by…

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Court fines Facebook N10m for unlawful trademark interference

A Federal High Court, Lagos, has ordered Facebook Inc and Facebook Ireland Limited to pay the sum of N10 million to a Nigerian firm, Double Paws Enterprise, as damages for unlawfully interfering with the use of the firm’s trademark.  Justice Ayokunle Faji, who presided over the court in a judgment delivered on Friday, also granted an order of perpetual injunction restraining Facebook from interfering with the plaintiff’s statutory rights under the trademark Act.  The Nigerian company, Double Paws Enterprise, had sometimes in July, 2017, instituted the suit marked  FHC/L/CS/1164/2017, against Facebook…

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Report relied upon by CBN, NDIC to remove Intercontinental Bank CEO not perfect -NDIC

The prosecution witness in the ongoing trial of Dr. Erastus Akingbola, former managing director of Intercontinental Bank Plc, Paul Akali, today told the court that the report that the Central Bank of Nigeria(CBN) and Nigerian Deposits Insurance Corporation (NDIC) used in removing Akingbola were not perfect. Akali also told Justice Ayokunle Faji led-court that as at the time the bank was taken over by the CBN and NDIC, it was not a failed or failing bank. Akali, an official of Nigerian Deposits Insurance Corporation (NDIC) made the assertions while being…

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3 men remanded for alleged pipeline vandalism

Three men, Yusuf Waheed 31, Rasheed Ajibade, 40 and a 32 year-old Omoh Okpeku, were today, remanded in the facility of Nigerian Correctional Services, for alleged vandalizing petroleum pipeline, by a Federal High Court, Lagos. Justice Ayokunle Faji, ordered the remand of the three men, after their plea were taken on the charges of conspiracy, pipeline vandalism and unlawful dealing in petroleum products, leveled against them by the Office of IGP Special Task Force on Petroleum and illegal bunkering, Force Headquarters, Abuja. Arraigning the three defendants, the prosecutor, Mr. Kingsley…

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Court fixes Feb. 7 to decide alleged smugglers of arms’ no-case-submissions

Justice Ayokunle Faji of a Federal High Court, Lagos, has fixed February 7, 2020, for ruling a no-case-submission filed by alleged smugglers of 661 pump action rifles. The alleged smugglers who filed no-case-submission after the prosecution had closed its case against them are: Hassan Mahmud, Salisu Abdulahi Danjuma, alongside Donatus Ezebunwa Achinulo. Hassan, Danjuma and Achinulo alongside Oscar Okafor and Matthew Okoye, said to be at large and a limited liability company, Mahmud Hassan Trading Company Limited, are being tried before Justice Faji led-court on charges bordering on conspiracy, smuggling of prohibited…

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Trader sues Saraki, Atiku, others over unauthorised use of photographs on campaign billboards

A Lagos-based trader, Mrs Amuda Adeleke, has instituted a suit before a Federal High Court, Lagos, against the former Senate President, Dr. Bukola Saraki who was the director-general of the Atiku Abubakar Campaign Organisation during the 2019 General Election, for using her picture on campaign billboards without her consent. Joined in the suit marked FHC/L/CS/./19, were the Peoples’ Democratic Party (PDP), the party’s presidential flag bearer and his Vice, Alhaji Atiku Abubakar and Mr Peter Obi. The trader, Amuda, in the suit filed by her counsel, Kingsley Iheakaram, is claiming…

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Federal High Court Judge, Faji buries dad

The burial of Venerable Josiah Oladele Faji, father of a Nigeria’s Federal High Court Judge, Justice Ayokunle Faji, commenced on Tuesday. Late Faji, a priest in the Anglican Communion, passed on in the month of August, at the age of 90 years. Burial arrangements according to a family source started from Tuesday, Oct. 29, by with service of songs by YMCA and YWCA, at Saint Paul Anglican Church, Alakara, Mushin, Lagos, by 5p.m. There will also be a wake keep service at the same venue on Wednesday, by 5p.m. On…

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