Connect with us

Metro/Crime

Court jails man 5-year for $1,049,251.84 fraud

Published

on

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has secured the conviction and sentencing of Augustine Ighodalo to five years imprisonment for criminal offence bordering on retention of proceeds to the tune of $1,049,251.84.

Ighodalo was made to appear before Justice Sherifat Solebo of the Special Offences Court sitting in Ikeja, Lagos.

The anti-graft spokesman, Wilson Uwujaren in a statement disclosed this and added, “The convict was arraigned on September 26, on a three-count charge bordering on “transfer of criminal proceeds to a nominee”, following intelligence received by the Commission from the Federal Bureau of Investigation, FBI”.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Metro/Crime

Abuja gunmen kill father, abduct his two children

Published

on

Gunmen suspected to be kidnappers have killed a man identified as Ayuba Chashe, and abducted his two children at Yebu community in Kwali Area Council of FCT.

The Chairman of Kwali Area Council, Mr Danladi Chiya, confirmed the development to NAN on Tuesday.

Chiya said that the incident happened at midnight on Monday when the gunmen attacked the community.

The chairman condemned the attack on Yebu community that led to the death of the man and the abduction of his two children.

He assured the residents in the area that everything possible would be done to get the perpetrators to book and the children released from captivity safely.

He commiserated with the affected family and assured that there was collaboration between security agencies to make sure that the kidnappers are apprehended.

Chiya, therefore, urged the community to cooperate with security agencies and report any suspicious movement to curb the menace in the area.

Meanwhile, efforts to reach the F.C.T Police Public Relations Officer (PPRO), DSP Anjuguri Manza, proved abortive.

Continue Reading

Metro/Crime

Court convicts two for N7m fraud in Benue state

Published

on

The Economic and Financial Crimes Commission, EFCC, Makurdi Zonal Office, Tuesday secured the conviction of Osikoya Kolawole Gboyega and Adewuyi Ademola Adebayo for Automated Teller Machine fraud.

The duo appeared before Justice Mobolaji Olajuwon of the Federal High Court, Makurdi, capital of the state.

But the EFCC spokesman, Wilson Uwujaren in a statement to TIMELY POST affirmed that the convicts pleaded guilty to two counts following a plea bargain agreement.

On this basis, the prosecuting counsel, G. G. Chia-Yakua, urged the Court to accept the plea bargain agreement and convict them accordingly.

In his ruling, Justice Olajuwon pronounced them guilty and subsequently convicted and sentenced them to two years imprisonment with option of fine of N100,000 each on count one; two years imprisonment with option of fine of N100,000 each on count two, both to run concurrently.

The presiding Justice also ordered that the sum of N300,000 that they had refunded in the course of investigation be paid to the complainant as restitution.

However, TIMELY POST learnt that trouble started for Kolawole and Adebayo when they were arrested by operatives of the Commission on September 9 and 10, in Lagos State in relation to a case of fraud, aiding and abetting.

Continue Reading

Metro/Crime

Man arraigned for alleged N46m fraud

Published

on

The Economic and Financial Crimes Commission, EFCC, Lagos office, Monday arraigned Ola Lawal alongside his firm, DCAN Oil and Gas Limited over alleged N46 million money laundering and stealing.

Lawal was made to appear before Justice Chuka Austine Obiozor of the Federal High Court, Ikoyi in Lagos State.

TIMELY POST gathered it was an offence contrary to Section 15(2)(b) of the Money Laundering (Prohibition) Act, 2011 as amended and punishable under Section 15(3) of the same Act.

The anti-graft spokesman, Wilson Uwujaren disclosed this in a statement in Abuja.

One of the charges reads: “That you Ola Lawal (a.k.a Lawal Roland) and DCAN Oil and Gas Limited on or about 24th June, 2019 in Lagos within the Jurisdiction of this Honourable Court fraudulently transferred the sum of N46, 000, 000.00 (Forty-Six Million Naira) from Flour Mills of Nigeria Plc Account Number 1002792889 domiciled in United Bank for Africa Plc to DCAN Oil and Gas Limited Account Number 0036695765 domiciled in Union Bank Plc which you ought to have known that such fund forms part of the proceeds of an unlawful act.”

But the defendant reportedly pleaded not guilty when the charges were read to him.

It was on this ground that prosecution counsel, Muhammad Hussain asked the court for a trial date and order the remand of the defendant in Correctional Service custody.

But the defence counsel, Godwin Dick informed the court of a bail application already before the court and which has been served on the prosecution.

In his ruling, Justice Obiozor adjourned the case to October 15, for hearing of bail application and commencement of trial.

The Presiding Justice also ordered that the defendant be remanded in the EFCC custody.

Continue Reading

Like Us OnFacebook

Trending