by Admin | Aug 25, 2016 | Blog |
Follow @NigeriaPI A brother to the Cross Rivers State Governor, Professor Ben Ayade has been arrested by operatives of the Economic and Financial Crimes Commission, nigerianewspaper.com.ng has gathered on Wednesday. The relation, Dr. Francis Ayade was arrested on Tuesday in connection with an alleged N2.4billion contract scam. Ayade, Managing Director of Leophina Nigeria Limited and Hally Brown International Limited, was involved in shady deals involving diversion of public funds into his companies’ accounts. Specifically, four different allocations from the Nigerian federal government accounts were allegedly diverted into Hally Brown International Limited’s account owned by him. Investigations showed that Hally Brown International Limited was awarded a road construction contract to the tune of N2.4billion in 2011. To finance the contract, Ayade allegedly took a loan of N350,000,000( Three Hundred and Fifty Million Naira only) from First Bank Plc, on behalf of Cross Rivers Rural Access and Mobility Project. The loan, was however, never used for the contract, but transferred into the Mobility Project. Ayade has also been implicated in alleged suspicious transactions involving Obudu Micro Finance Bank, among other allegations. He has been offered administrative bail but still in the custody of the EFCC until he fulfills the bail...
by Admin | Aug 25, 2016 | Blog |
Follow @NigeriaPI A group of internet fraudsters a.k.a Ghana Burgers were apprehended by policemen at Koko Junction, Warri, Delta State..According to the evidences found on them and their confessions, they went to Oyo State for rituals. Read below what was shared by Ossai Ovie Success Mobile police apprehend some group of Ghana Burgers at Koko Junction. According to the visuals and photo of evidence we find out that these guys according to their confession went to Oyo State for rituals. They used two Ecolax buses and boarded the vehicle from Benin and asked the driver to move straight to Sapele. One of the culprits said his name is Simeon and he stay at Uruhakpa and Otefe Poly student. According to their own confession after police interrogations , they said they went for rituals at Oyo State. The two Ecolax buses contain the following items. 1. Four used girls pants. 2. Old mat 3. Used girls wig 4. Used girls brassier And other concoction...
by Admin | Aug 25, 2016 | Blog |
Follow @NigeriaPI The Kaduna State Police Command says it has arrested the stepmother who brutalised her two young stepchildren in NDC, IgabI local government area of the state. It will be recalled that the woman Identified as Hasiya, broke the hand, leg and bruised the eye, stomach, back and private part of her stepson. She also broke the head of her stepdaughter by hitting her with the sole of a pointed shoe on her head. The Command’s spokesman, DSP Aliyu Usman, who confirmed the arrest to newsmen, noted that the woman is in the custody of the State Criminal Investigation Department, (SCID) and would be charged to court as soon as the investigation is...
by Admin | Aug 25, 2016 | Blog |
Follow @NigeriaPI The Economic and Financial Crimes Commission has quizzed two former local government chairmen and a former Chairman of the Peoples Democratic Party in Bauchi State over an alleged N85.75m election fraud. The affected people are a former Chairman, Bauchi LGA, Bala Maigoro, a former Caretaker Chairman, Alkaleri LGA, Bala Abdullahi and an ex-chairman of the PDP in the Warji LGA, Alhaji Sama’ila Maigwanjo. The men were interrogated by the EFCC at its Gombe Zonal Office. This is just as a former chairman of the PDP in Bogoro LGA, Andrew Adamu, refunded N6m to the EFCC as part of funds disbursed to the LGA in the build-up to the 2015 presidential election. This was made known by the spokesman for the Gombe Zonal Office of the EFCC, Gbenga Aroyehun, in an email sent to journalists in Bauchi on Wednesday. He said Maigoro who was quizzed for N48.02m told the operatives of the EFCC during interrogation that he signed and collected the said amount on behalf of the local government in the presence of a former member of the House of Representatives from the state, Aminu Mohammed, and the former caretaker chairman of the local government, Umar Aliyu, who signed as a witness. He said, “Maigoro also told the EFCC that the money was disbursed through the stakeholders of the local government among whom were, the former Attorney General and Commissioner for Justice in Bauchi State, Mr. Mukhtar Abubakar, a former member of the state House of Assembly, Danlami Ahmed, and Mohammed Umar who was the Secretary of the Stakeholders Committee. “They said the money was given to them...
by Admin | Aug 25, 2016 | Blog |
Follow @NigeriaPI United Bank for Africa (UBA) has been omitted from the list of nine Nigerian Banks barred from the Foreign exchange market for allegedly hiding over $2 billion belonging to Nigerian National Petroleun Corporation (NNPC) from the Treasury Single Account (TSA). The development was conveyed by Tokunbo Martins, director, banking supervision of Central Bank of Nigeria (CBN) on Wednesday. He said: “Further to the directive of the Central Bank of Nigeria (CBN) to all Deposit Money Banks (DMBs) to return all outstanding unremitted NNPC/NLNG foreign currency, this is to confirm that the United Bank for Africa (UBA) Plc has remitted all outstanding NNPC/NLNG deposits in its possession to NNPC’s Treasury Single Account (TSA) at the CBN. “Accordingly, the United Bank for Africa (UBA) Plc has been re-admitted into the Foreign Exchange Market effective Thursday, August 25,...
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