by Admin | Aug 24, 2016 | Blog |
Follow @NigeriaPI A 56-year-old man, Abdullahi Zakari, who allegedly had se xual intercourse with his 18-year-old daughter, is to remain behind bars pending the perfection of his bail condition, a Lagos court has ruled. A Surulere Magistrates’ Court, which gave the order, said the man should be remanded in Ikoyi Prisons until the bail conditions were met. The Magistrate, Mrs. M.I. Dan-Oni, had admitted the accused to a bail of N500,000 with two responsible sureties in like sum. One of the sureties, she said, must be a blood relation of the accused and the other must be living in his own house. In addition, the magistrate said the sureties must show evidence of tax payment to Lagos State Government. Zakari, who lives at No.42, Gaskiya St., Ijora-Badia in Apapa area, pleaded not guilty to the charge. But the prosecutor, Sgt. Anthonia Osayande told the court that the accused committed the offence at his apartment between February and August. She said, “It is a shameful act that should not be condoned. “This is a serious offence and an abomination. The complainant said the father used to fondle her breast anytime she was in the room. “The accused had sex with the daughter against her wish.” The offence contravened Section 258 of the Criminal Law of Lagos State, 2011. The case was adjourned to Sept.19 for...
by Admin | Aug 24, 2016 | Blog |
Follow @NigeriaPI Get two entrepreneurs in a room and chances are one, if not both, have been the victim of accounting fraud. According to the Association of Certified Fraud Examiners annual report, nearly half of all small businesses experience fraud at some point in their business lifecycle. It will cost these organizations an average of $114,000 per occurrence. Worse, such fraud is usually committed by a “loyal” employee. As the head of a managerial accounting service, I’ve uncovered hundreds of fraudulent activities affecting prospective clients. The amount can vary greatly, from a few thousand dollars to millions. Let me share some true stories that highlight four common types of fraud for business owners and ways they can be avoided: 1. Payroll fraud. Last year, we took on a local construction firm as a new client. Theirpayroll account had never been reconciled to their time-keeping system, so we made that one of our top priorities. According to company records, two workers and their manager were working massive hours and getting paid a ton of overtime that amounted to more than 80,000 in additional annual pay. Their timesheets revealed they were working on construction projects that were more than 50 miles away from one another simultaneously. Hmmmm. It took about three seconds to figure that out and fire the employees, but the money was gone. While it is easy for you and me to say that this could never happen to us, the additional salaries given to these three guys amounted to an increase of only four percent of the total payroll cost — a figure that when unchecked could...
by Admin | Aug 23, 2016 | Blog |
Follow @NigeriaPI The Central Bank of Nigeria (CBN) has banned nine deposit money banks (DMBs) from the foreign exchange market, for hiding over $2 billion belonging to Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA). According to Channels TV, President Muhammadu Buhari has been briefed on the breach by the banks, and they have all been mandated to move the monies to the treasury single account. more details coming...
by Admin | Aug 23, 2016 | Blog |
Follow @NigeriaPI A mother in Japan is under investigation for murder after her four children, including a girl as young as three, were found dead at home, Japanese police said Monday. Local media reported the victims were killed by their mother before she tried to take her own life. A 10-year-old boy, two six-year-old girls, and a three-year-old girl were found dead early Monday, according to police in the southern Japanese prefecture of Fukuoka. “Their father found them dead and reported it to police,” a police spokesman told AFP, without providing further Police are questioning the children’s 41-year-old mother as a suspect in a possible murder-suicide attempt, according to Jiji Press and public broadcaster NHK. The mother was said to confessed to police she had killed the children. Police reportedly told media that at least one child had a mark indicating...
by Admin | Aug 23, 2016 | Blog |
Follow @NigeriaPI Security agents in Kaduna are currently on the trail of a woman simply identified as Hasiya, for breaking the hand, leg and bruising the eye, stomach, back and private part of her step son and also breaking the head of the step daughter by hitting her with the sole of a pointed shoe on her head. The victims, two year-old Abdulrahman Abubakar and four year-old Maryam Abubakar, are presently receiving treatment at a private hospital in Kaduna after Hasiya, their stepmother allegedly broke Abdulrahman’s left hand, right leg and Maryam’s head at their father’s house located in NDC in Igabi local government area of the state. According to a national daily, men of the Nigerian Security and Civil Defence Corps (NSCDC) are on the trail of the step mother, Hasiya, who fled the house after security agencies came looking for her at their residence after her evil act. Mother of the children, Halima, said she and her husband started having problem 12 days after her son was born which terminated their three year old marriage. “Immediately I weaned my son, the father came and took the children away first to his parents’ house and then to his wife,” she said. “On Monday, I was on my way to the market when I got a call from the father of my children that my son was on admission at the hospital. I quickly rushed there and when I saw the condition my son was in, I was devastated. He could hardly breathe and he had bruises on his eye, his head, his stomach and his private part,” she...
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