In a high-stakes courtroom drama, one of the top executives from Binance, the world’s largest cryptocurrency exchange, stood before an Abuja court to confront serious allegations. Tigran Gambaryan, Binance’s head of financial crime compliance, faced charges of tax evasion and money laundering alongside his colleague, Nadeem Anjarwalla, the regional manager for Africa. The Economic and Read More…
Crime
Bobrisky faces EFCC investigation for allegedly spraying Naira notes
Operatives from the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have launched an investigation into the activities of Idris Okuneye, popularly known as Bobrisky. The controversial social media personality is accused of spraying Naira notes at a high-profile event. The EFCC’s interest in Bobrisky was sparked by a video report showing Read More…
Woman arrested for assaulting LAGESC official over expressway crossing
The Lagos State Environmental Sanitation Corps (LAGESC), commonly known as KAI, has confirmed the apprehension of a woman accused of assaulting one of its officials for enforcing regulations regarding expressway crossings. According to the Agency’s spokesperson, Mr. Lukman Ajayi, the arrest occurred on Tuesday around 12:45 p.m. at Ile-Epo along the Ikeja/Iyana-Ipaja expressway, where the Read More…
Lagos Police bust kidnapping syndicate, rescue victims
The police in Lagos have apprehended three suspected kidnappers in a daring raid on their hideout in the Ijanikin area, confirming the swift operation that led to their arrest. According to the Zonal Public Relations Officer (ZPRO), SP. Umma Ayuba, the suspects identified as Samuel Kwasi, 64, Monday Unachukwu, 24, and Freeman Ekpebo, 23, were Read More…
Tragedy strikes: Deputy Commissioner of Police commits suicide in Oyo
In a heartbreaking turn of events, Deputy Commissioner of Police (DCP) Gbolahan Oyedemi, a dedicated officer serving with the Force Criminal and Investigation Department (FCID) in Alagbon, Lagos State, has allegedly taken his own life. The incident occurred in his private house in his hometown of Ogbomoso, Oyo State, during the Easter break. DCP Oyedemi, Read More…
Four suspected cable vandals arrested in Lagos
In a significant development, the Lagos State Police Command has apprehended four individuals suspected of vandalising and stealing armoured cables that belong to the Lagos State Government. Here are the details: According to Police spokesperson SP Benjamin Hundeyin, the suspects—Oseni Yusuf, Richard Solomon, Emmanuel Ezeobi, and Isaac Shedrach—were taken into custody by a Police patrol Read More…
Hotel cashier faces theft charges for missing N6.7 million
A 43-year-old hotel cashier, Tiamiyu Ayanbode, was brought before an Ikeja Magistrates’ Court on Tuesday, facing allegations of embezzling N6.7 million from his employer. Residing in Agege, Lagos, Ayanbode stands accused of theft, to which he has entered a plea of not guilty. “In the period between October 2023 and January, at the Lagos Airport Read More…
Federal High Court Discharges Sowore and Bakare of Treason Charges
Omoyele Sowore and Olawale Bakare have been discharged of alleged treasonable felony charges by the Federal High Court, Abuja. This decision follows the withdrawal of the charges by the Attorney-General of the Federation (AGF), Mr Lateef Fagbemi, SAN. Justice Emeka Nwite, in his ruling, announced the discharge of the defendants, stating, “In view of the Read More…
Olam Group cleared of $50 billion forex fraud allegations in Nigeria
Singapore’s Olam Group has emerged unscathed from a storm of allegations, as its investigation team unequivocally exonerated its Nigerian unit from any involvement in a multibillion-dollar foreign exchange fraud. The verdict was delivered on Monday, putting to rest the cloud of suspicion that hung over the company. Last year, some Nigerian media outfits sounded the Read More…
EFCC declares Margaret Emefiele wanted for alleged money laundering
The Economic and Financial Crimes Commission (EFCC) has declared Mrs. Margaret Emefiele, wife of the former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, wanted for alleged money laundering. According to EFCC’s spokesman, Mr. Dele Oyewale, speaking in Abuja, “Three other persons had been declared wanted alongside Margaret on the same office.” Read More…