Connect with us

Crime

BREAKING: Judge’s Absence Delays Fayose’s Trial Over Alleged Fraud

Published

on

The FidelinfoNews reports that as the trial court did not meet on Monday, Ayodele Fayose’s money laundering trial before the Federal High Court of Lagos came to a standstill.

Trial judge Justice Chukwujekwu Aneke was supposed to be attending a conference, thus the trial that was scheduled to continue on Monday was unable to continue.

The parties will now determine a new date in due course.

The Economic and Financial Crimes Commission (EFCC) is pursuing charges against Fayose for alleged money laundering and fraud involving N6.9 billion.

He was first arraigned on Oct. 22. 2018, before Justice Mojisola Olatotegun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.

He had pleaded not guilty to the charges and was granted bail on Oct. 24, 2018, in the sum of N50 million with sureties in like sum.

The defendant, was however, subsequently, re-arraigned before Justice Chukwujekwu Aneke, on July 2, 2019, after the case was withdrawn from Justice Olatoregun, following EFCC’s petition.

He had also pleaded not guilty to the charges and was allowed to continue on the earlier bail granted, while the case was adjourned for trial.

The commission has since opened its case before Justice Aneke, and is still leading witnesses in evidence.

In December 2021 EFCC had called its 11th witness, one Mrs Joanne Tolulope, who had narrated how Abiodun Agbele, an associate of Fayose, bought properties worth several millions.

Trial will now continue on the next adjourned date.

The News Agency of Nigeria (NAN) reports that during trial before Justice Olatoregun. the prosecution had called witnesses, from several commercial banks, as well as a former Minister of State for Defence, Sen. Musiliu Obanikoro.

According to the charge, on June 17, 2014, Fayose and one Abiodun Agbele were said to have taken possession of the sum of N1.2 billion, for purposes of funding his gubernatorial election campaign in Ekiti, which sum they reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have received a cash payment of the sum of five million dollars, (about N1.8 billion) from the then Minister of State for Defence, Sen. Musiliu Obanikoro, without going through any financial institution.

He was also alleged to have retained the sum of N300 million in his account and took control of the aggregate sums of about N622 million which sum he reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have procured De Privateer Ltd and Still Earth Ltd, to retain the aggregate sums of N851 million which they reasonably ought to have known formed part of crime proceeds.

Besides, the defendant was alleged to have used the aggregate sums of about N1.6 billion to acquire properties in Lagos and Abuja, which sums he reasonably ought to have known formed part of crime proceeds.

He was also alleged to have used N200 million, to acquire a property in Abuja, in the name of a family member.

The offences contravenes the provisions of sections 15(1), 15 (2), 15 (3), 16(2)(b), 16 (d), and 18 (c) of the Money Laundering Prohibition Act 2011.(NAN)

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime

Breaking: ICPC Detains D’banj Over Alleged Diversion Of N-Power Funds

Published

on

Oladapo Oyebanji, better known by his stage name D’banj, has been detained by the Independent Corrupt Practices and other Related Offences Commission (ICPC) over the alleged misappropriation of N-Power budget.

Fidel Info reports that the musician was apprehended and held Tuesday when ICPC agents closed in on him and forced him to present himself at the agency’s Abuja headquarters.

D’banj allegedly avoided summons for weeks by claiming to be abroad for scheduled concerts each time he was asked to appear for questioning over fraud allegations.

The pop musician, a famous and wealthy Nigerian, is charged with defrauding the Nigerian government out of hundreds of naira intended for the N-Power project, an empowerment initiative launched by the Nigerian government in 2016 to combat youth unemployment and advance social development.

Investigators contend that D’banj conspired with some tainted government representatives to add fictitious beneficiaries to the scheme’s payroll. Then, the recipients get payments into accounts that are now purportedly connected to the pop star.

After the musician failed to show up for interrogation despite multiple invitations, the ICPC moved to arrest him, forcing him to show up at the commission’s office on Tuesday.

Sources say, on arrival, D’banj was subjected to a prolonged interrogation session after which he was detained. His plea for administrative bail was rejected by officials who said the musician could not be trusted to attend his trial if released on bail.

Sources state that the ICPC might approach the court on Wednesday for an extended remand order to enable the agency complete its investigation before charging the musician to court.

Continue Reading

Crime

Squid Game Actor O Yeong-su Charged With Sexual Misconduct

Published

on

Squid Game actor O Yeong-su has been charged with sexual misconduct, South Korean judicial officials say.

Fidel Info reports that The 78-year-old is accused of touching a woman inappropriately in 2017, officials said.

Mr O has denied the allegation according to local media.

He became the first South Korean actor to win a Golden Globe award for best supporting actor in a series after his performance in the chart-topping Netflix thriller earlier this year.

The alleged victim first filed a complaint with the police against Mr O in December last year, according to Yonhap news agency. But the case was closed in April without a charge being brought against Mr O.

The prosecution has now reopened the investigation “at the request of the victim.”

Mr O has now been charged without detention, it adds.

Following the charge, Seoul’s culture ministry decided to stop broadcasting a government commercial featuring Mr O, according to local reports cited by AFP news agency.

Squid Game – Netflix’s most popular series of all time – is a thriller series which tells the story of debt-ridden people competing for a huge cash prize in a deadly series of children’s games.

Mr O plays the oldest participant in the survival competition.

Source: BBC

Continue Reading

Crime

Insecurity: Bandits Impose Levies On Communities In Zamfara

Published

on

A ‘compensation levy’ of varying amounts has reportedly been imposed on some communities in Zurmi LGA of Zamfara State.

Fidel Info reports that a resident of Moriki, in one of the communities in the local council, Aliyu Buhari, said the bandits had, through released captives, demanded that they be paid the levy before residents will be allowed access to their farmlands.

Buhari said some communities have paid and agreed on a reconciliation deal with the bandits, adding that residents of Moriki are currently working on raising the levy.

“People living in Moriki ward were asked to pay the sum of N20 million to be able to enjoy some level of peace,” he said.

Recently, two people were kidnapped from Dauran community in the council and a ransom was paid for their release, while in Kanwa, over 40 people, who are mostly women, were abducted during a house-to-house search by the terrorists.

The bandits are yet to demand any ransom for the release of the abducted persons.

The bandits had earlier imposed a compensation levy of N20 million on Kanwa community. The levy is to serve as a peace deal between the terrorists and the community.

Despite paying the levy, the residents are currently living in tension, as they believe that the recent mass abduction may lead to another levy.

“Currently, people of Moriki community are processing how to contribute the compensation fee. The fee is to enable them to access their farmlands and live peacefully without any fear of attack,” Buhari continued.

Many communities have already paid the compensation fee. Most of them yielded during the rainy season when farmers needed to work on their farmlands.

“In Moriki, during the rainy season, people were allowed to farm, but they started to threaten our peace when it was time to harvest our farm produce.

“Each household in Moriki has been asked to contribute N6,500 to make up the N20 million levy.”

“I understand that the deadline for the payment was last week Saturday, but the community is still working towards sourcing the money.”

“Some communities that have been asked to pay compensation levy include Gidan Shaho, Kadamutsa, and Dada.”

Continue Reading

Trending