RCCG PastorJailed Two Years For Issuing $1.6m Dud Cheque

An Ikeja Special Offences Court on Wednesday sentenced Ayodeji Oluokun, an assistant pastor of the Redeem Christian Church of God (RCCG), City of David Parish, Victoria Island, Lagos, to two years imprisonment for issuing $1.6 million dud cheque. Oluokun was charged alongside his company, Peak Petroleum Industry Nigeria Ltd., on an amended six-count charge bordering on issuance of dud cheque, stealing and obtaining money under false pretences. Taiwo, however, discharged and acquitted the defendants of stealing and obtaining money under false pretences. READ ALSO: SAS Dares Critics, Opposition on Intellectual…

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N1.8bn Fraud Charge: How Lagos Businessmen Won EFCC In Court

An Ikeja Special Offences Court, Lagos on Friday discharged and acquitted two businessmen, Ogbor Eliot and Kelvin Chris, of a N1.8 billion fraud allegation brought against them by the Economic and Financial Crimes Commission (EFCC). Justice Oluwatoyin Taiwo cleared Ogbor and Chris of the entire five-count charge bordering on conspiracy, obtaining money under false pretence, conspiracy and forgery, after a nearly four-year trial. The judge held that the EFCC failed to establish any element of criminality against the defendants, adding that the transaction which led to the charge was of…

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Crude Oil Theft: NNPC Creates Electronic Centre To Monitor, Track Marine Oil Thieves

Determined to stamp out the menace of crude oil theft, the Nigerian National Petroleum Company (NNPC) Limited says it has established a monitoring platform to track all marine movements of vessels conveying stolen crude oil from the country. The virtual platform would be wired to receive, collate and send information from concerned individuals and members of the public to alert the relevant security agencies about incidents of pipeline vandalism in the oil producing areas. Also, the platform would provide information that would help end-users of Nigerian crude oil internationally, particularly…

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Nigerian Billionaire Extradited To US Over $3.5m Fraud

The Economic and Financial Crimes Commission (EFCC) has extradited a businesswoman, Fatade Olamilekan, who is on the wanted list of the Federal Bureau of Investigation, FBI, to the United States for allegedly stealing $3.5 million. The suspect was said to have stolen the sum worth of equipment in various cities across the US before his arrest. As disclosed on their social media handle on Tuesday, the anti-graft agency stated that his extradition was coordinated following a notice from the Federal Bureau of Investigation, FBI New York, through the US Legal…

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COEASU insists on migration of academics to UTAS

The Colleges of Education Academic Staff Union (COEASU) has insisted on the migration of academics in tertiary institutions to the University Transparency and Accountability Solution (UTAS). UTAS is an ingenious alternative pay platform innovated by ASUU. The President of the union, Dr Smart Olugbeko, made this known in a statement made available to newsmen in Abuja on Thursday. Olugbeko said that the insistence on the Integrated Personnel and Payroll Information System (IPPIS) had opened the payroll up to unilateral manipulations and fraud perpetrated by individuals. READ ALSO: Buhari orders NITDA…

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Assets Declaration Compulsory For Tinubu, Others – INEC

The Independent National Electoral Commission (INEC) has said that to vie for any elective offices, politicians and other office seekers would be mandated to declare their assets, particularly their bank account statements before and during the 2023 elections. Platforms Africa reports that the National leader of the All Progressives Congress (APC), Bola Tinubu, is one of those who have publicly declared intention to vie for elective positions in the forthcoming election. The commission explained that plans have been concluded to beam its searchlight by engaging relevant stakeholders to track politicians…

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How N2.2bn was paid to Marabound for prayers against Boko Haram – EFCC

  An Investigating Officer with the Economic and Financial Crimes Commission,¬†Adariko Michael, on Tuesday gave details of how N2.2 billion was allegedly spent on prayers in Nigeria and Saudi Arabia to win the war against insurgency in the country. Michael was giving evidence as Prosecution Witness 1 in the trial of retired Colonel Sambo Dasuki, former National Security Adviser to ex-President Goodluck Jonathan, in the alleged $2 billion arms deal fraud. Others charged with Dasuki are a former General Manager with the Nigerian National Petroleum Corporation, Aminu Baba-kusa; Acacia Holdings…

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