Ayodele Fayose’s alleged money laundering trial has been postponed by the Federal High Court in Lagos till January 31 and February 1. Due to a scheduling error, the case’s trial was originally supposed to continue on October 26. A new trial date was to be decided by the parties and set by the court. The Read More…
A court in Kenya has frozen more than $40 million in accounts belonging to Africa-focused payments giant Flutterwave under the country’s anti-money laundering laws, court documents showed. Founded in 2016 in Nigeria, the San Francisco-headquartered firm, specialises in individual and consumer transfers, one of several fintech firms facilitating and capitalising on Africa’s booming payments market. Read More…
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…
REPEAT AFTER ME: I will not be anyone’s fool; not now, not tomorrow, not ever! The world inherited the word, Pandora, from the ancient Greek poet, Hesiod. In the poem, Works and Days, he told the story of Prometheus and Pandora. Prometheus had attempted to deceive the gods whose prefect was Zeus. In reprisal, Pandora Read More…
An Economic and Financial Crimes Commission (EFCC) witness on Wednesday said that he did not receive any petition on money laundering against a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji. Mr Adebayo Adeniyi, an EFCC investigator, testified as the first prosecution witness at the resumed trial of Ikuforiji before a Federal Read More…
The Economic and Financial Crimes Commission (EFCC) on Wednesday called its first witness in the money laundering trial of former Speaker Adeyemi Ikuforiji of the Lagos State House of Assembly. Ikuforiji is charged with N338.8 million money laundering. He is facing trial alongside his former Personal Assistant, Oyebode Atoyebi, on 54-count bordering on the offences. Read More…