How hackers fraudulently withdrew N752m from UBA

An auditor with United Bank for Africa (UBA) Plc, Ojo Oladimeji, has told a Federal High Court, Lagos, how suspected fraudsters hacked into the bank’s server and fraudulently withdrew N752 million from the account of the Flour Mills of Nigeria Plc, domiciled with his bank. Oladimaji made sterling revelation on Tuesday, while giving evidence in a criminal charge filed against one of the alleged hackers, Ola Lawal, a.k.a Lawal Roland, who is standing trial on alleged fraud of N46 million, brought against him by the Economic and Financial Crimes Commission…

Read More

EFCC arraigns Zenith Bank staff over N650m fraud

The Economic and Financial Crimes Commission (EFCC) today, arraigned a staff of Zenith Bank Plc, Mr Omotola Fawehinmi before a Federal High Court, Lagos over alleged fraud of N649, 916,175.66 million. The defendant was arraigned before justice (Professor) Chuka Obiozor on a five count-charge of the alleged offence. The defendant pleaded not guilty to all the charge when it was read to him and following his not guilty plea, the prosecutor, Mr Rotimi Oyedepo, asked the court for a trial date and the remand of the defendant in prison custody.…

Read More

N72m fraud: Court fixes businesswoman, 5 others’ trial for Jan. 21

The trial of a businesswoman, Mrs. Chinweze Adaga and five others who were charged before a Federal High Court, Lagos, on alleged N72 million fraud, has been adjourned till January 21, 2019. The adjournment of the trial of the fraud suspects was sequel to the absence of the presiding judge, Justice (Professor) Chuka Obiozor, who is said to be on official duty outside the court’s jurisdiction. Consequently the suspects’ trial was fixed for January 21, 2019, upon the agreement of the prosecution and their lawyers. The businessman, Adaga is been…

Read More

Trip to Saudi Arabia: NDLEA arraigns man for hiding cocaine inside sandals

A 49 year-old man, Hassan Mohammed Taiwo, who allegedly hid 1.3 kilogrammes of cocaine inside a pair of sandals, during a trip to Saudi Arabia, was today, arraigned before a Federal High Court, Lagos, by the men of National Drugs Law Enforcement Agency (NDLEA). The accused according to the NDLEA lawyer, Mr. J. I. Igunbor, was arrested on May 20, 2018, at about 10. 25 a.m., at the screening 11 wing ‘G’ of the Murtala International Airport, Lagos, during an outward clearance of passengers from Egypt Airways, via Cairo, Egypt.…

Read More

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…

Read More

N5.2bn Debt: Bank, receiver manager takes over A-Z Oil properties

Union Bank of Nigeria Plc, and Mr. Gbenga Akinde-Peters, a receiver/manager have taken over landed properties belonging to A-Z Petroleum Products Limited. The company’s landed property situated at Plot 3508 Cadastral Zone A06, Maitama District, Abuja, covered by a Certificate of Occupancy (C of O) dated September 7, 2005, and registered as No. 3586, Vol. 18, at Abuja Land Registry, was sequel to a Mareva Injunction, granted by a Federal High Court, Lagos, to the Bank. The Mareva Injunction filed and argued by Mr. Temiloluwa Adamolekun, filed and argued was…

Read More

Suspected pipeline vandal escape from Court after arraignment

A suspected pipeline vandal, Kingsley Ibeto, who was arraigned before a Federal High Court, Lagos, on two counts charge bordering on unlawful dealing in petroleum product with lawful authority, played a fast game on the court, and disappeared into time air after his plea was takes on the allegations.  Ibeto was charged before the court presided over by Justice (Professor) Chuka Obiozor, on the alleged crime by the Nigeria Civil and Security Defence Corps (NCSDC). The offences according to the prosecutor, Mrs. Ezeli Rita, are contrary to section 3(6) of miscellaneous…

Read More

Court grants 8 Ile-Epo Market leaders bail after 120 days in detention

Eight leaders of Araromi/Ile-Epo Oke-Odo Market, In Alimosho Local Government Area, Lagos, who have been in prison custody April 13, 2018, were today, regained their freedom, as a Federal High Court, Lagos granted their bail application filed before the court. The eight market leaders are: Livinus Njoku, 54, Lawal Dan Galadima, 54, Tafeek Olanikami, 83, Musa Mohammed, 56, Nadir Adamu Ango, 42, Falano Williams, 74, Musiliu Anobi, 30, and Obi Ndubisi. All the market leaders were arrested and remanded in prison custody, since April 13, by the police headquarters Abuja,…

Read More

Diamond Bank sues APC chieftain, Fouad Oki, firm over unpaid N212m debt

In a bid to recover the debt of N212, 051, 898. 22 million, Diamond Bank Plc, has instituted a suit against a chieftain of All Progressive Congress (APC) Chief Fouad Ade Oki, before  a Federal High Court, Lagos. Joined as first defendant in the suit marked FHC/L/CS/134/2016, is Oki’s firm, Eko Akete Engineering and Construction Company. At the resumed hearing of the matter on Thursday, Diamond Bank lawyer, Ifeoma O. (Mrs.), when asked by the presiding judge, Justice (Professor) Chuka Obiozor, when the matter filed since 2016, has not been heard, told the…

Read More