The Economic and Financial Crimes Commission (EFCC) Tuesday said it had arrested two self-proclaimed spiritualists for defrauding an aspiring House of Representatives member in Ekiti State of N24,071,000. It said the men, Alfa Abiodun Ibrahim and Wale Adifala, alongside one Ifawole Ajibola (aka Baba Kalifa currently on the run), obtained the money under the pretext Read More…
Tag: fraud
Kalu’s N7.1b ‘fraud’ trial: Court blasts EFCC lawyer, may disqualify SAN in seven days
The Federal High Court Abuja on Friday issued a seven-day ultimatum to a Senior Advocate of Nigeria (SAN), Mr Rotimi Jacobs, to show cause why he should not be disqualified from further prosecuting former Abia governor, Orji Uzor Kalu. Kalu, who is serving as a senator, is standing trial on allegations of mismanaging funds belonging Read More…
Court orders Lagos resident’s arrest over alleged N100m fraud
The Lagos High Court, sitting at the Tafawa Balewa Square (TBS) has issued a bench warrant against a Lagos-based defendant, Ibukun Fakaye, following his alleged failure to appear before the court to answer charges of forgery and fraud of N100 million. The Police, through the Office of the Inspector-General (IGP), dragged the defendant before the Read More…
Maina And ‘Authority Stealing’
A thief is a thief whether he steals a golden crown or a cocoyam. The way we are now glamourising stealing and making celebrities of common felons, indicates that we are too far gone in our descent into amoralism. It wasn’t quite many decades ago when stealing was a shameful thing. There was something called Read More…
Cleric arraigned for alleged N870,000 ‘spiritual oil’ fraud
These are not the best of times for a 70-year-old man of the cloth as he has been docked for allegedly duping a businesswoman of N870,000. The clergyman, Emmanuel Bello, on Monday appeared in an Ikeja Magistrates’ Court in Lagos in a case of alleged fraud. Bello, who resides in Idimu, Lagos State, was charged Read More…
NEXIM bank clarifies N50bn alleged fraud, says says money used for 62 projects, others
The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…