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How Intercontinental Bank Staff Stole N306 Million From Femi Falana’s Account

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Human rights lawyer, Femi Falana, has stated that the N306 million stolen from the Falana and Falana Chambers’ account was returned by the bank to avoid a legal action.

A statement released by the Economic and Financial Crimes Commission, EFCC, on Thursday announced that it had arrested two suspects involved in a N1.5 billion bank fraud.

Olayinka Sanni, a former manager at Intercontinental Bank (now owned by Access Bank), and Oyebode Atoyebi, Personal Assistant to Adeyemi Ikuforiji, the Speaker of the Lagos State House of Assembly, were arrested by the commission for conspiracy, stealing, and forgery.

“I confirm that the sum of N306 million was stolen from our clients’ account by the officer,” said Mr. Falana.

“But I wish to say that the management of the bank refunded the money to avoid a legal action from our chambers,” he added.

Mr. Sanni, who also operates a Bureau de Change, SIDAW Ventures, allegedly transferred various sums of money into his SIDAW account without the bank’s customer’s consent, the EFCC said.

In addition to the N306 million transferred from the account of Falana and Falana Chambers, the suspect also allegedly transferred N65 million from the account of Babington Junior Seminary; N40 million from P.W. Nigeria Limited’s account; N15 million from Mikano International’s account; N20 million from Viju Industries Limited’s account, and N1.2 billion from Murhi International Limited into his company’s account.

“Besides, Sanni also collected the sum of $461,200 USD from one Chukwurah Nkiru, who sold it to him for the equivalent of N76, 559,200 but was not paid.

“Sanni is also embroiled in a foreign exchange scam where his SIDAW Ventures account was used to handle the sum of N104, 405, 000 where only N72,229,000 worth of foreign exchange was paid to the customer leaving a balance of N32, 185, 000 being hotly contested between his firm and the customer,” read the statement signed by Wilson Uwujaren, the commission’s Spokesperson.

Mr. Atoyebi, who is also enmeshed in a N501 million money laundering charge alongside Mr. Ikuforiji, was arrested for conspiracy and complicity, having allowed Mr. Sanni to use his name and passport-sized photograph to open an account in SIDAW Ventures Limited in the name of Akanmu Babatunde.

“With this fictitious name, Sanni brokered many shady deals and duped many innocent people,” the commission stated.

The EFCC said that the duo will be arraigned in court “soon.”

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Nigeria Ranks Third On Global Terrorism Index Despite Drop In Deaths – Report

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Nigeria Ranks Third On Global Terrorism Index Despite Drop In Deaths – Report

Boko Haram

Nigeria has been ranked as the third most terrorized country in the world according to a 2020 report by the Global Terrorism Index (GTI).

The report which was released on Wednesday, ranked Nigeria third only behind war-torn countries of Afghanistan and Iraq.

According to the GTI report, Nigeria witnessed an increase in Boko Haram attacks in the period under review, witnessing her worst terrorist attack in 2019 in northeastern Borno State, where at least 70 people were killed and 10 others wounded when insurgents attacked at a funeral.

Also Read: Presidency Clears Air On N150,000 Monthly Payment To Repentant Boko Haram Members

“Over the past year, Boko Haram increased attacks on military targets, with deaths rising from 26 in 2018 to 148 in 2019,” the report said.

However, the report recognized that terror-related incidents in the country fell by 27% in the same period due to a significant reduction in violence attributed to killer herdsmen.

“This reduction occurred despite a small increase in deaths attributed to Boko Haram, which has been the most active terrorist group in the country over the past decade. Deaths from terrorism in Nigeria are now 83 percent lower than at
their peak in 2014.”

 

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Nigeria’s Communications Minister, Isa Pantami, Loses 13-year-old Daughter

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Nigeria's Communications Minister, Isa Pantami, Loses 13-year-old Daughter

Communications minister, Isa Pantami

Minister of Communications and Digital Economy, Isa Ali Pantami, has announced the loss of his 13-year-old daughter, Aishah Isa Ali.

The Minister took to his Twitter account on Monday night to announce this sad news.

Pantami stated that the funeral prayer for the deceased will be conducted in Abuja on Tuesday at Annur Masjeed, Wuse 2.

Also Read: Gunmen Evict NIDCOM Staff From Office On Minister’s Order

The post by the minister announcing the incident reads; “Inna lil Laahi wa inna ilaiHi Rajiun! My 13-year old daughter, Aishah Isa Ali (Amal) passed away just a moment ago.

“Due to some necessities, funeral prayer tomorrow at Annur Masjeed, Wuse 2, immediately after Zuhr prayer In sha Allah. May Allah forgive and be merciful to her.”

 

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Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

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Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

Governor Wike

Governor Nyesom Wike of Rivers State has imposed a 24-hour total curfew for two weeks on some parts of Port-Harcourt, the state capital.

The Governor made this known during a broadcast on Sunday where he noted that the curfew begins from Monday 23rd November 2020.

The statement noted that the upsurge noticed by the state government in cases of cult activities, other forms of violence, and killings is responsible for the curfew.

Also Read: Umahi Unhappy With PDP Because Atiku Picked Peter Obi – Wike

Wike in the statement declared that the entire area along and around the Okoro-nodu flyover up to a one-kilometre radius from Saint Emmanuel Anglican Church, Rumuokoro, extending to the Rumuodomaya Slaughter and Local Government daily market will be affected.

He added that no form of trading, human or vehicular movement is allowed in the affected areas until further notice.

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