Photo Of The 16-Year-Old Boy Who Is In Jail In Delta State

Few days ago I shared the story of Chijindu Ezentu,16-year-old who is remanded in Ogwashi Uku,prison Delta state.His photo has surfaced.

Journalist Blast Popular Pastor For Arresting Lady That Refused To F*Ck Him

Popular Nigerian Journalist, Fejiro Oliver has blasted popular pastor and ‘Our Daily Manner’ publisher, Rev Chris Kwapovwe for an alleged serial womanizing and arresting a Lady who has an alleged evidence that will crumble his ministry. “If I fcuk you, you will forget your name and be screaming my name Chris Chris’ – Oliver reportedly quotes Pastor, vows to go to jail just to to get justice for the lady.

How CBN Gave NIA The N13 Billion Uncovered In Ikoyi, Lagos, Apartment

The controversial haul of cash in local and foreign currencies recovered by the Economic and Financial Crimes Commission (EFCC) from a residential apartment at Osborne Towers, Ikoyi, Lagos, is part of the N57.2 billion released to the National Intelligence Agency (NIA) by the Nigerian government in February 2015, PREMIUM TIMES can report.

The funds were approved by the office of the National Security Adviser (NSA), and disbursed in cash by the Central Bank of Nigeria (CBN).

The then NSA, Sambo Dasuki, had claimed he was approving the funds for “special services” he mandated the NIA to undertake.

What those “special services” were remained unclear.

Following the announcement of the recovery by operatives of the anti-graft agency, the NIA authorities, according to presidency sources, told President Muhammadu Buhari that former President Goodluck Jonathan approved the fund for some “crucial and covert security projects.”

The huge cash, which included $43,449,947, £27,800 and N23,218,000, were recovered from Apartment 7B following a tip-off to the EFCC by an unnamed whistleblower.

Presidency sources believe the cash, which translates to about N13 billion (based on the prevailing official exchange rate by the CBN), is the balance of the N57.2billion released to the NIA for the controversial “special services.”

This newspaper had in an exclusive report after the 2015 presidential elections exposed how the CBN paid out N67.2billion cash – $289,202,382 (N57.2 billion) to the NIA and the rest to the office of the NSA.

That report provided extensive details of how bullion vans were used by government officials to cart away the cash to unknown destinations.

The details can now prove useful to the three-man presidential committee, headed by Vice President Yemi Osinbajo, mandated to investigate how the NIA came about the funds, and whether or not there was a breach of the law or security procedure in obtaining custody and use of the funds.

The committee, which commenced its assignment on Wednesday, also has the current NSA, Babagana Monguno, and the Attorney-General of the Federation, Abubakar Malami, as members.

According to the report, published on September 19, 2015, funds, totaling at least N67.2 billion, were released through two cash withdrawals from the CBN between November 2014 and February 2015.

The first of the withdrawals was made through a memo that originated from the office of former NSA, Mr. Dasuki.

In the memo, with reference number NSA/366/S, dated November 2014, and entitled: “Request for Funds for Special Services,” Mr. Dasuki’s office called the attention of CBN Governor, Godwin Emefiele, to a previous discussion on a request to withdraw $47 million cash, out of a certain N10 billion earmarked for an unbudgeted “special services”.

“Further to our discussion, you are pleased requested to provide the sum of forty seven million United States Dollars (USD47, 000,000.00) cash out of the Ten Billion Naira (N10, 000,000,000.00) and the balance in Euro to this office for special services.

“Mr. S. A. Salisu, director finance and administration is, hereby authorised to sign and collect the amount. Please accept, Your Excellency, the assurances of my highest esteem,” the memo read.

The second withdrawal was based on a memo dated February 25, 2015 generated by the National Petroleum Investment Management Services (NAPIMS), the investment management services arm of the Nigerian National Petroleum Corporation, NNPC.

The memo conveyed an instruction to the director, banking and payment system department of the CBN “to urgently pay in cash the sum of $289,202,382 (N57.2 billion) to the National Intelligence Agency, NIA.”

“Upon receipt of this mandate, please pay urgently the under-listed beneficiary the cash amount indicated. Please debit CBN/JVCC Foreign Account No. 000000011658360 with the JP Morgan Chase, New York… and advise as soon as the payment is made.”

The payment instruction in favour of the NIA was signed by one Okonkwo Godwin, General Manager, Finance, NAPIMS, with staff No. 18526.

The CBN spokesperson, Isaac Okorafor, had on Sunday denied knowledge of how the funds were released to the secret service agency.

But sources at the presidency told PREMIUM TIMES that NIA authorities had already explained to President Buhari that they received the funds in cash from the nation’s apex bank.

Police Offer N10 million Reward For Capture Of Wanted Serial Killer 'Ghana'

The Nigeria Police Force hereby declared Terwase Akwaza aka Ghana wanted as follows:

ISSUED BY THE AUTHORITY OF THE INSPECTOR GENERAL OF POLICE
WANTED PERSON
Terwase Akwaza aka Ghana.
WANTED BY THE NIGERIA POLICE FORCE
The above named person is hereby declared wanted by the Nigeria Police Force. A warrant of arrest has been duly obtained from Court of competent jurisdiction for his arrest.
2. The said Terwase Akwaza aka Ghana is wanted for merciless killings of seventeen (17) innocent persons and wanton destruction of properties worth millions of naira by arson, at Zaki Biam on 20th March 2017 and for killings in cold blood of about fifty (50) people in other locations in Benue State. He is culpable for other capital offences such as Kidnapping, Armed robbery, Culpable Homicide, Mischief by Fire and Criminal Conspiracy. Further investigation revealed that he is also responsible for killing of Mr. Deneen Igbana (late) the Special Adviser on Security to the Executive Governor of Benue State, Chief Samuel Ortom.
3. He is dark in complexion, tall, stout in built and has no tribal mark on his face.
4. Terwase Akwaza aka Ghana is a dangerous suspect, and an indigene of Gbise in Katsina-Ala LGA of Benue State. He speaks Tiv, Idoma and Pigin English Languages fluently.
5. If seen, please report to the nearest Police Station or call 08033040358, 08035925554, 08036363531, 08033129778 or SMS 08057000003.
A handsome reward awaits any person(s) with information that leads to his arrest. The Benue State Government has placed Ten Million naira (₦10,000,000) reward for anyone with useful information that can lead to his arrest.
CSP JIMOH O. MOSHOOD
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA

Police In Benin Arrest 75-year-old Grandfather For Armed Robbery

As shared by Festus, a Benin-based investigative journalist with Edo Broadcasting Service...

A 75 year old grand father and retired soldier ,Jubrin Ugiagbe and two others have been arrested by men of the Edo state police command for alleged armed robbery. The ex-soldier is been squeezed for supplying the suspected armed robbers with the guns used in their Various opetations where financial returns were made after every operation....

Suspended NIA boss, Ayo Oke weeps in Aso Rock

The suspended Director-General of the National Intelligence Agency, Ayo Oke, this afternoon betrayed emotions, weeping profusely at the Aso Rock Presidential Villa in Abuja.
He was however denied access to President Muhammadu Buhari and Vice President Yemi Osinbajo.

He had attempted to head for Buhari and Osinbajo's office before he later turned back and left the Villa.

According to a statement earlier today by Buhari's spokesman Femi Adesina, "the President has ordered a full scale investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) has made a claim.

"The investigation is also to enquire into the circumstances in which the NIA came into possession of the funds, how and by whose or which authority the funds were made available to the NIA, and to establish whether or not there has been a breach of the law or security procedure in obtaining custody and use of the funds.

"The President has also directed the suspension of the Director General of the NIA, Ambassador Ayo Oke, pending the outcome of the investigation."

Kidnapped Ondo Monarch, Oba Joel Daodu, Released By His Abductors

Oba Joel Daodu, the Oniyani of Iyani Akoko, who was kidnapped on the 16th of April by gunmen along Owo/Ikare- Akoko highway in Ondo State, has been released.

The Oba was found walking by the roadside in Ayede-Ogbese, along Akure-Owo highway from where he was then taken to the police station. This was confirmed to Channels Television by both the Chief Press Secretary to the Ondo State Governor, Segun Ajiboye, and the spokesman for the Ondo State Police Command, Mr. Femi Joseph.

Following Oba Daodu's abduction, his captors demanded a sum of five million Naira for his release, but after negotiation, it was reduced to three million Naira. Mr. Joseph stated that the Oba did not inform the police of any payment being made to secure his release.

He added that investigation is ongoing to bring the kidnappers to justice.

N15bn: EFCC Submits Report To Presidency

Nigeria’s anti-graft agency has submitted a report to the Presidency on the N15bn it seized in an operation in Lagos, Daily Trust has learnt.

The report gave details of the discoveries made during the operation, as well as the origin of the money, credible sources said yesterday.

The money, seized from an apartment at Osborne Towers, Ikoyi on Wednesday, was made up of $43.4 million, £27,000 and N23m.

The National Intelligence Agency (NIA) has claimed the money.

Those who speak for the agency anonymously said the apartment was being used as a safe.

However, EFCC sources point out that the apartment is being rented by a private company.

The EFCC is, therefore, working hard to unravel the identities of the owners, sources said.

Also, the EFCC is said to be interested in the role some tenants in other apartments in the building may have played in stashing the money.

Among those who took up apartments in the highbrow area is a former governor as well as former senior officers of government agencies already under the radar of the EFCC over financial crimes.

It was gathered that the Director General of the NIA visited the acting Chairman of the EFCC and requested the money be given back to his agency, but his appeals were turned down.

This according to sources, might be to enable the NIA inform the Presidency on the real purpose of the fund, and reclaim it from there.

NIA source told Daily Trust that the apartment where the EFCC recovered the fund was protected by NIA personnel adding that “even those protecting the place were not aware of what was inside. There were NIA officials there when the money was taken by the EFCC.”

The source also said the President was aware of all NIA operations. He was being briefed appropriately.

On why the fund was not returned to the Federation Account 2 years after it was approved, the NIA source said “normally moneys budgeted for security operations are not returned to the treasury.”

The agency insists that the recovered N15 billion belongs to it and that the fund was approved for a covert operation.

It was also gathered that flyers of the Goodluck Jonathan-Namadi Sambo, 2015 presidential campaign was found at the apartment.

However, a source familiar with the operations of the NIA said a lot of irregularities characterised the previous administration in the name of covert operations.

He noted that even partisan activities could be termed covert operations, adding that feelers indicate that, the money kept in a house, meant they did not want it traced to any agency of government.

The source alleged that the money was to be used for the 2015 election but was now being kept to be used for 2019.

He added that further investigation might implicate the current leadership of the agency and other opposition governors in financial crimes.

He explained that monies used for covert operations by the NIA are not usually in large amount.

The source said funds for top class operations which required up to ten undercover operatives in a foreign country did not exceed $100,000, usually withdrawn from a bank.

He also said it is abnormal that such money (N15 billion) was kept in what is being described as a safe house.

According to him while there are safe houses, they are only used strictly for operational purpose and not financial.

Checks on the website of the Budget Office indicated that the National Intelligence Agency (NIA), is under the Office of the National Security Adviser (ONSA).

Its budget for 2014 was N36.923 billion with personnel cost accounting for N26.132bn.
The total overhead cost was N2.262bn, while the capital component was N8.5bn.

The N13bn uncovered at the Lagos safe house was far more than the NIA’s other recurrent and overhead costs as well as the entire capital allocation combined allocated for 2014.

Similarly, the N13bn was higher than the entire overhead costs and capital expenditures for each of the agency’s budget for 2015, 2016 and 2017.

As for 2015, NIA’s budget was N33.470bn. The personnel cost for that year was N25.381bn; overhead, N1.789bn, with a total recurrent of N27.170bn, while capital expenditure was N6.299bn.

In 2016, NIA’s budget was N31.349bn, out of which personnel cost was N23.731bn; overhead was N1.375bn and the capital expenditure was N6.243bn.

The NIA’s proposed budget for 2017, which is currently before the National Assembly is N33.876bn. The personnel cost is N25.381bn; overhead is N1.864bn, while capital proposal is N6.631bn.

FBI Declares Nigerian Wanted For $5 Million Email Scam

The U.S. Federal Bureau of Investigations, FBI, has declared a Nigerian, Kelechi Declan James, wanted.
The FBI made this known on its Twitter handle and its website on Friday.

According to the FBI, the accused has federal criminal charges against him from an investigation by FBI New York’s Cyber Crime Task Force.

As alleged in a complaint sworn out of the U.S. District Court for the Southern District of New York, Mr. James, along with four other co-conspirators, ran an e-mail compromise scheme that resulted in losses of more than $5 million for their victims.

As part of scheme, the suspect and his co-conspirators allegedly defrauded victims across the U.S. by tricking them into wiring money to bank accounts the victims believed were owned by friends or business associates. They did this in two ways: by overtaking an e-mail account of an individual trusted by the victim and then requesting money be wired to a bank account; or by developing a relationship of trust with victim like an Internet romance and then asking the victim to wire money, the American agency said.

As soon as the money was wired, it would be moved from one account to another, and the funds would be withdrawn. Mr. James’s role in this scheme was to withdraw the money from bank accounts, the FBI said.

“James is known to frequent the Brooklyn neighborhoods of East New York (Crescent Street and Loring Avenue; Vermont Street between Blake Avenue and Dumont Avenue), Brownsville, Bedford-Stuyvesant (MacDougal and Hull Streets), Crown Heights (Park Place and Utica Avenue), Flatbush (E 29th and Avenue D), and East Flatbush (East 51st and Winthrop Street),” the agency said.
The FBI offered a $1,000 reward for information that leads to his arrest.

EFCC Act Makes It Compulsory To Expose The Owner Of The Ikoyi N15bn Flat

The Economic Financial Crime Commission (EFCC) has Wednesday announced that it uncovered foreign currencies and naira notes that are worth about N15 billion in a four-bedroom apartment in Ikoyi, Lagos. The funds have been reported to be proceeds of unlawful activity while investigations are said to be ongoing. As laudable as this development is, it is rather very depressing that the owner of the huge money is yet to be named or identified.

First, there is need to state from onset that the EFCC has been doing much of arrests than prosecuting. Every now and then, we hear series of news that the anti-graft agency has arrested suspected economic and financial looters. But, it is always very surprising that it usually ends at that. The number of news of arrest we read in papers is far more than the number of the suspects that were or will be later brought to book. Maybe the effect of Section 36(5) of the 1999 Constitution of The Federal Republic of Nigeria (herein referred to as 1999 Constitution) which provides that “every person who is charged with a criminal offence shall be presumed to be innocent until proven guilty” is what has caused the failure to ensure the prosecution of financial and economic criminals parading the streets of our society.

It need to be made clear that the writer is not saying that the anti-graft agency should ensure that it jails all suspected looter by all means. No. That is not the spirit of law. The law provides that prosecutors should ensure justice and not just ensure jail terms are meted. But, does it mean this all of those suspected looters that have been arrested are saints?

By virtue of Section 6 of the EFCC (Establishment) Act 2004, the classical reason why the commission was established is to fight corruption prevailing in our society. How did they go about this? The above section of the Act has provided for the series of functions imposed on the commission. For the purpose of this piece however, two of the functions will be highlighted below.

Section 6(h) of the EFCC (Establishment) Act provides that: “the commission shall be responsible for the examination and investigation of all reported cases of economic and financial crimes with a view to IDENTIFYING individuals, corporate bodies or groups involved” (emphasis supplied by me).

Section 6(j) (i) of the Act has also provided that the function of the EFCC is to ensure “the IDENTIFICATION, DETERMINATION OF THE WHEREABOUTS AND ACTIVITIES OF PERSONS SUSPECTED OF BEING INVOLVED IN ECONOMIC AND FINANCIAL CRIMES” (emphasis supplied by me).

With the sacrosanct provisions of the Act that established the EFCC highlighted above, it is very clear that the EFCC power and function is not all about doing arrests. Of utmost importance is also the identification and apprehension of the suspected looters by the EFCC. The duty imposed on them by law has not been successfully carried out; since in the instant case the suspected looters are yet to be identified.

The EFCC, as a matter of urgency should be more up and doing in the dispensation of their duties. For about 4 days after the huge sum was recovered, the EFCC is yet to get who owns or is linked with the money. The agency is yet to make any arrest as to persons suspected to have connections with the money. Does this sense any form of efficiency at all?

While the EFCC has told the citizens the usual story that “investigation” is ongoing, it will be trite to submit that if the investigation lingers for about a week without it identifying the owner of that huge sum, the functions imposed on the EFCC by the law has appeared not fulfilling.

Many have opined on social media that the EFCC may not at the end of it all identify the owner of the money for plethora of reasons. If this comes true, then, it is a hint that the EFCC is not in fact complying with the law that creates it – section 6 of the Act. And if the agency itself is not complying with its establishment law, it will be reasonable to submit that it lacks locus standi to bring to book erring citizens.

More importantly, there is need to state clearly that forfeiting trillions of naira is not just the interest and the reason while the EFCC was created. The EFCC was established in order to ensure that justice is done on those that have been found guilty of embezzling and misappropriating public funds. Uncovering money is not the deal, ensuring that those that have committed offences established by the Act are convicted is the main task.

And that is why the Act expressly provides for the identification and apprehension of the suspected looters – Section 6 (h), (j) (i) of the EFCC Act. As such, the onus is on the EFCC to ensure that the owner of the N15 billion is identified, as provided by its law. And this must, as a matter of fact, be done as quickly as possible since “vigilantibus non dormientbus jura subveniunt” – delay defeats equity. Therefore, if the EFCC decides to sleep on their right and duty for too long a time, there is possibility the owner of the money may be undiscovered for life. See the case of NWAKOBI V. NZEKWU (1964) 1 W.L.R. 109.

Having said much on the duty of the EFCC to identify the owner of the huge money, there is also need to address the rights of the owner to claim the money. It is not a crime to own any amount of money once the means of getting it is legal. Equally, there is no law compelling citizens to keep large amount of money in banks. It is only a matter of choice. And as such, it is at the discretion of citizens to exercise the right to keep money in banks or not, no matter the amount.

Section 44 of the constitution grants on citizens of Nigeria the right to own moveable property. And subsection (1) of the same section provides in part that “no moveable property or any interest in an immovable property shall be taken possession of compulsorily and no right over or interest in any such property shall be acquired compulsorily in any part of Nigeria…” With this provisions, it will be apt to say that the yet to be known owner of the N15 billion has the right to own the money and nobody can deprive such owner of it.

However, since in law for every rule there is an exception, so also are exceptions to this provision. Section 44 (2) (k) of the Constitution provides that: “nothing in subsection (1) of this section shall be construed as affecting general law relating to the temporary taking of possession of property for the purpose of any examination, investigation or enquiry”. The effect of this subsection is that it is reasonable and justifiable for the EFCC to TEMPORARILY deprive the owner of the N15 billion for the purpose of investigation.

The yet-to-be-known owner has all the legal right to reclaim the money. First, because the law has stated expressly that the seizure is only temporary; secondly, because the purpose of the seizure is for investigation. All that the owner has to do is to show up and the onus is on the prosecution i.e. the EFCC to prove that he got the money through any illegal means that’s within the web of the EFCC act. The duty of the owner is therefore to disprove the allegations, if there is any and if the allegations are not false. And if the allegations have not been proven beyond reasonable doubt as provided by Section 36(5) of the Constitution, the accused or owner will go scot-free with the huge amount of money.

But, all these will be applicable only where the owner has no skeleton in the cupboard. This is because; it is a settled law that he who comes into equity must come with clean hands. This means that the owner of the money who wants to claim it must ensure that he has conducted himself in a fair and proper manner. He must also show that his past record in the transaction is clean; for he who has committed iniquity shall not have equity. See VIATONU V. ODUTAYO (1950) 19 N.L.R. 103.

Thus, should the owner have a clean hand on the matter, he should go forward to exercise his right to claim the money. But if otherwise, since any reasonable man will not come forward to face the consequence, the EFCC should ensure that the owner of the money is brought to book as imposed by Section 6 (h) and (j) (i) of the EFCC (Establishment) Act, 2004.

Newly Employed Driver Absconds With His Boss' Car In Surulere, Lagos

According to an Instagram user, her friend's newly employed driver fled with his boss' car this evening at Surulere, Lagos state.

She wrote; "Guys, please assist to broadcast urgently. My friend's mint green venza with registration number LSR 301 BP was taken away by her newly employed driver at Surulere this evening. All the details he provided had not been verified prior to this time and happen to be invalid as we speak. Attached is his picture and drivers license"

Abandoned N449m: Suspect In EFCC Custody, Threatens To Reveal Owner

Bid by the Economic and Financial Crimes Commission (EFCC) to unmask the owners of the abandoned N449, 000,860 which was abandoned in a shop in Lagos, may have started yielding dividends as a suspect, believed to be Bureau De Change (BDC) operator and who is in the know of the abandoned money has threatened to ‘reveal the real identity’ of the owners of the money.

The suspect, who is alleged to be a BDC operator, also debunked media reports that the recovered money had been stashed in the shop for over two years, insisting that the money was actually moved in on Thursday (April 6).

The suspect also told EFCC operatives upon surrendering himself on April 10 that it would be suicidal for the “owner of the money to abandon the money”. The EFCC had on April 7 swooped on an abandoned shop located in the Nigerian Air Force (NAF) complex, Legico, Ahmadu Bello Way, Victoria Island, Lagos, where reportedly recovered N449, 000, 860 which was hidden inside it.

It was reported that the sting raid was made possible after the commission received a tip off from a whistleblower that a huge sum of money was hidden in the shop, which the detectives confirmed on getting to the shop.

Recounting how the recovered money came into being, the suspect who, according to an EFCC source, is currently cooling off his heels in the anti-graft custody in Lagos, had said he was prepared to reveal the identity of the owner (s) of the money should the owner fail to own up to the ownership of the money.

The EFCC source, who confided in this newspaper, further stated that the suspect after surrendering himself, had threatened to “open up on the real owner of the money, after insisting that that would have happened after the expiration of April 10.”

The source said: “After we (EFCC) busted the N449, 000,860 which was abandoned in a Lagos shop, we intensified our dragnet to unveil the owner of the money, a suspect emerged surrendering himself to the commission by insisting that he knows the owner of the money. This development made us detain him and to further gathered more information concerning the money.

“The suspect made us to understand that the money was apparently moved in on Thursday (April 6) contrary to reports in the media that it had been moved into the shop for over two years.

The suspect said this is untrue. “Surprisingly, the suspect even in the course of interrogation, threatened to reveal the owner of the money should he fail to show up on Tuesday (April 10).”

Meanwhile, efforts to get EFCC’s spokesman, Mr. Wilson Uwujaren, to confirm the story proved abortive. Text messages also sent to two of his telephones lines were similarly not answered as at the time of going to press.

This curiously made the commission to be on the lookout should anybody come up for the money.” The EFCC source also told this newspaper that the suspect, who was already cooperating with the antigraft agency, said the owner of the “money ordered the movement of the cash on Thursday” with the intention of getting it converted into foreign currency.

“It is instructive to note that the suspect also opened up that one of the reasons why the money was moved on Thursday in anticipation to get it converted was because the owner was convinced that the money and the shop are safe due to the presence of the Nigerian Air Force complex, which serves as a strong cover up and security,” the EFCC source added further.

‘The $43m and flat Belong to Rotimi Amaechi’ – Fani Kayode Reveals

Femi Fani Kayode, former Minister of Aviation, claims that Transportation Minster,

Rotimi Amaechi is the owner of the $43M uncovered by EFCC in Lagos, on 12th April.

He also stated that the Ikoyi flat the money was found belongs to Rotimi. See his post below.

Beninoise Chef Steals Master’s $59,000 and N3.4m in Ibadan, secures U.S visa

A Beninoise Chef, Mathew Kudjo, 25, has been arrested by the Special Anti-robbery Squad of the Oyo State Police Command for stealing $59,000 and N3.4 million belonging to his boss who resides in Ibadan, Oyo State.


State Commissioner of Police, Mr. Abiodun Odude, said the suspect was arrested in his hideout in Ibadan after breaking into his boss apartment in Ikolaba, to steal the said money. “The suspect on December 12, 2016 betrayed the trust of his master. .

After successfully carrying out the criminal act, the suspect perfected sinister plan to abscond abroad with the loot but was nabbed before he could escape to the United State of America, having procured an international passport, a US visa and other travel documents with which to travel out of the country.

Upon interrogating the suspect who was remorseful, confessed to the crime. He disclosed that he had built an edifice in his home country, Benin Republic, with part of the ill-gotten money. Part of the stolen money and other exhibits were however recovered from him”.

Kudjo, however, said he was able to steal the money when his boss went to play golf in the club. He said part of the stolen money has been used to build a house in Benin Republic and he has started planning to relocate to US before he was caught by the police.

Nigeria Banks in trouble as Senate uncovers N30 trillion FOREX diversion

Nigeria Banks in trouble as Senate uncovers N30 trillion FOREX diversion

Chairman, Senate Committee on Customs and Excise Duties, Hope Uzodinma, has stated that its Committee has discovered high level manipulation of foreign exchange to the tune of N30 trillion purchase on behalf of importers by Nigeria Banks.


He revealed this while granting interview to correspondents after his Committee meeting in Abuja, noting that all banks were involved in the purchase of hard currencies on behalf of importers which were never utilized.

The investigation which follows Senate’s nod at the plenary three weeks ago, indicated that ‘FORM M’, designed by the Nigeria Customs and Excise Duties for importation of goods have been used to manipulate foreign exchanges.

“The Committee has discovered that the whooping sum of N30 trillion foreign exchange were purchased from the Central Bank on behalf of importers, but were never utilized,” Uzodinma said.

“We have also discovered that all banks were involved including those that have closed shop, but we’re fused into the existing ones.

Uzodinma added that huge sums of money have been illegally wired out of the country through the manipulative means, a situation he said has led to scarcity of FOREX in the country.

He was optimistic that the investigation and necessary action by the parliament would stem the tide and increase the value of the Naira.

EFCC Discovers Yet Another Loot In Ikoyi Lagos

Again, whistle blower helps EFCC recover $38million, N23million and £27million from an apartment in House 16, Osborne Road, Ikoyi, Lagos today

EFCC Uncovers Yet Another Huge Sum of Money in Ikoyi, Lagos today, April 12, 2017. Counting Ongoing.







Watch video below

BREAKING NEWS: EFCC raids Adoke’s Kano residence

The Kano residence of immediate-past Minister of Justice and Attorney-General of the Federation, Mr. Muhammad Bello Adoke was on Tuesday searched by operatives of the Economic and Financial Crimes Commission (EFCC).

Reliable sources that armed EFCC operatives arrived number 3 Alu Avenue located in the Government Reserved Area of Kano city at about 12 noon.

“The operation lasted for two hours. The wife of the former Minister left few hours before they arrived. They forcefully broke into the residence. They asked the guards some questions, ransacked the house and left without arresting anyone.”

The source also added that no arrest was made during the two-hour intensive operation.
However, efforts made to contact EFCC Media Officer in Kano Zone, Mr. Idris Nadabo was not successful.

I And President Buhari are fully in support of Magu as EFCC boss – VP Osinbajo

Vice-President Yemi Osinbajo says he and his principal are fully in support of Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).

Speaking at the presidential villa in Abuja

during an interview with journalists from select media organisations, including Osinbajo said President Muhammadu Buhari did not find the indictment by the Department of State Services (DSS) as a strong reason to replace Magu.

The senate had rejected Magu, on two different occasions, based on the report of the secret police.

The DSS had labeled Magu as corrupt, saying he was unfit to lead the EFCC.

But Osinbajo said the president could have interfered with the DSS report if he wanted to, but that Buhari decided to hear Magu’s own account, after which he felt convinced to retain the anti-graft czar.

“We should commend the president for not interfering with what the DSS said. The DSS came up with a report and the man who was accused refuted it,” he said.

“He explains and gives a reason. When that happened, the president looked at what Magu said and what the DSS wrote and he said ‘I am satisfied with what Magu said’.

“He then decided to retain Magu as the nominee for EFCC. I don’t see any reason why that should be contested. The president has not interfered with what the DSS said. If he wanted to interfere, he would have ordered the DSS to keep quiet. He didn’t do that, but he said ‘I don’t think the DSS report is meritorious enough to withdraw his nomination.’

“The president reserves the right to say, ‘this is who I want’. I’m fully in support of Magu as the EFCC chairman just as the president is.”

Osinbajo buttressed his point by saying that it is not only in Nigeria that lawmakers reject nominees based on reports.

He said despite the mounting opposition against the nomination of Jeff Sessions, attorney-general of the US, he is currently serving in the administration of President Donald Trump.

“You see the American example… There are various reports. People come up with all sorts of things. Look at Jeff Sessions (US attorney-general) for instance, there were many reports. Some accused him of being racist, some of this and that, but he is in office today,” he said.

Osinbajo also expressed support for the view of Femi Falana, a lawyer, who said Buhari does not need the confirmation of the senate to retain Magu.

“It is up to the senate to make their judgement, and it is up to us say what we want to do. If our candidate is rejected, we can rep-resent him. No law says we can’t rep-resent him. And again, there is the other argument, whether or not we need to present him for confirmation and that’s a compelling argument from Femi Falana,” he said.

“His argument is that under the constitution, section 171, and if you look at that section, it talks about the appointments that the president can make. They include appointments of ministers, ambassadors and heads of agencies such as the EFCC. In that same section 171, the constitution rightly said that certain appointments must go to the senate such as ministerial and ambassadorial appointments. Those of heads of agencies like the EFCC do not have to go to the senate. That’s what the constitution says. But the EFCC act, which of course as you know is inferior, says that EFCC chairman should go to the senate for confirmation.

“I am sure that even a pocket book lawyer knows that when a legislation conflicts with constitution, it’s the constitution that prevails. I agree with Mr Falana that there was no need in the first place to have sent Magu’s name to the senate, but we did so and it was rejected by the senate, but I believe that it can be rep-resented. I don’t think there is anything wrong about the fact that senate has rejected him. Senate has acted in its own wisdom to say ‘No, we don’t want him’, and we can say, ‘This is our candidate… we like the gentleman and we want him to continue.”

Two weeks ago, the upper legislative chamber halted the confirmation of residents electoral commission (RECs) of the Independent National Electoral Commission (INEC) in protest of the decision of the executive to keep Magu.

Man Who Visits Computer Village To Steal Nabbed

Man who visits Computer Village, Ikeja, everyday, to steal phones, under the guise of making enquiries, paraded naked after being nabbed today

How we killed Uber driver in Lagos – Suspect

Detectives attached to the Anti-Kidnapping Squad of the Lagos State Police Command have arrested two suspects who posed as passengers and killed an Uber driver, in an attempt to steal his vehicle.
The suspects and one other, who is at large, strangled the driver, Innevosa Emmanuel, and disposed him of his KIA RIO salon car marked KTU 594DM.

They boarded the vehicle from Ikeja to Ogba, Oke-Ira during which they suddenly ordered the driver to make a U-turn and take them to Oremeji Street, Obawole area of Ogba, where he was strangled and the vehicle was driven away.

According to one of the suspects, he said they were three that participated in the killing of the driver.
“I and Michael met at Ogba where I went to drink and we became friends. I told him how difficult things were for me that I needed to relocate to Benin to start all over again.
“It was at this point that Michael told me about a deal that could fetch me some money that we could get a car and then sell it to his boss.

“Michael then told me about one Alex (Emmanuel) who had a vehicle and we agreed to meet the following day. Since then we had been meeting and discussing how to buy the vehicle.
“On the fateful day the Uber driver came, I was with Michael in his office and his friend Destiny was with him but I don’t know if he discussed the vehicle deal with Destiny.

“Around 9:30p.m, we called the Uber driver to come and pick us at Tantalizer eatery at Ogba. I and Destiny were inside the vehicle with the driver, but Michael was outside while I was holding the belt.



“Immediately I put the belt across the driver’s neck, Destiny dragged the belt and we strangled him. When we were satisfied that he was dead, we took his corpse to Oremeji Street and dumped him in front of a church around 10:30 p.m., without anybody noticing us.

“After killing the driver, we took the vehicle to Michael’s boss to sell it. The buyer then inquired from us where we got the vehicle from and Michael told him that we killed the owner.
“The buyer then said we should take the car away and Michael said we should take it to his house and park it outside, before taking it to another buyer in Benin.

“Later we were tracked to Benin, arrested and brought back to Lagos.” the suspect said.
The Lagos State Commissioner of Police, Mr. Fatai Owoseni, who paraded the suspects at the Command headquarters, said the command received a report of a missing Uber driver, whose car was stolen and the driver missing.

Owoseni said since then, it has been an issue of concern and detectives through their sustained efforts towards the missing driver, two days ago arrested two suspects in connection with the missing driver.
“The suspects posed as passengers, strangled the Uber driver and dumped his remains at Ogba and the vehicle was taken to Delta State, where it was recovered and the suspects arrested.”
The Police boss said the suspects would soon be charged to court.