close

Alleged $100m Fraud: Trial of Ibrahim Mahmud resumes April 20

Justice Yusuf Halilu of the Federal Capital Territory High Court, Maitama Abuja has fixed April 20, 2021, for a definite hearing of the six-count charge of forgery and an attempt to obtain $100,000,000 USD brought against Ibrahim Olanrewaju Mahmud by the Economic and Financial...

Couple bags 40 years jail term for N53m Fraud

A couple, Ebiesuwa Abayomi Fredrick and his wife, Tinuola Idayat Oyegunle,have been sentenced to 40 years imprisonment each. Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo State today, February 15, 2021, found them guilty on all four counts of...

LAGOS LAWMAKERS WADE INTO 1004 ESTATE CRISIS, AS RESIDENTS, ALLEGE N8 BILLION FRAUD

The crisis that has recently bedeviled the 41-year-old 1004 Housing Estate, Victoria Island, Lagos with respect to the management of the place may not abate anytime soon as duty tour by members of the Lagos State House Assembly on oversight assignment has revealed the glaring...

Alleged N714.6m Fraud: Witness reveals trails of fund transfers in Turaki’s bank account

The trial of former Minister of Special Duties and Inter-governmental Affairs, Kabiru Tanimu Turaki(SAN)alongside his Personal Assistant, Sampson Okpetu, and two companies: Samtee Essentials Limited and Pasco Investment Limited continued on Wednesday, before Justice Inyang Ekwo...

EFCC Docks Man For Alleged N206.5m Fraud

The Economic and Financial Crimes Commission(EFCC) Lagos Zonal office, has arraigned an alleged fraudster, Osho Aluko-Kola, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos on nine-count charges bordering on conspiracy and stealing to the tune of...

How ex-minister diverted Muslim youth’s fund- Witness.

The trial of former Minister of Special Duties and Inter-governmental Affairs, Kabiru Tanimu Turaki(SAN),began on Tuesday, before Justice Inyang Ekwo, of the Federal High Court, Abuja, with the first prosecution witness narrating before the court how money meant for sensitization...

Ex Banker Jailed18 Years for Fraud

A former Relationship Manager with Guaranty Trust Bank Plc, GTB in Enugu, Onyekachi Nwosu was on Thursday, convicted and sentenced to Eighteen (18) years imprisonment by Justice D.V. Agishi of Federal High Court, Enugu on a six (6) amended count charge bothering on forgery,...

EFCC docks ex-Banker over N10m fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Tuesday, arraigned Keshinro Babatunde, a former Head, Commercial Banking of one of the first generation banks, (name withheld) before Justice O. A. Taiwo of the Special Offences Court sitting in Ikeja,...

How ex-Zenith Bank staff, Fawehinmi authorised N700m fraudulent transactions

The trial of Omotola Fawehinmi, an employee of Zenith Bank Plc, who is standing trial for an alleged N700 million fraud, continued with the first prosecution witness, (PW1), Prosper Eyitayo, narrating how the defendant authorised the fraudulent transactions. The Economic and...

Court remands Mompha over alleged N32.9bn money laundering

A social media celebrity, Ismaila Mustapha, popularly known as Mompha, was Monday docked before the Federal High Court, Lagos,, on a 14- counts bordering on N33 billion money laundering. He pleaded not guilty to all the offences. Following his not guilty plea, the presiding...