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Police arrests Bureau De Change operator over N160 million fraud

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Two Bureau De Change dealers, identified as Uju Peace Izuogu, Richard Owegie, and their company Reoworld Enterprises over an alleged N162 million fraud has been arrested by Special Fraud Unit (SFU) of the Nigerian Police Force.

Uju and Richard alongside their company, Reoworld Enterprises Limited, were arraigned before the court on charges bordering on conspiracy, false representation and fraud.

In a criminal charge number fHC/L/295c/17, filed before the court, it was alleged that the two accused persons who operate as Bureau De Change, between January and May, 2016, conspired among themselves and obtained the sum of N162 million from a lawyer, Nwosu Maduabuchi, under false representation that they had US Dollars equivalent for immediate sale and transfer for the lawyer’s clients in Dubai and China, for international business transactions.

The SFU alleged further that the second accused, Richard Owegie aided the first accused, Uju, to obtained the sum of N162 million from the Complainant (Barrister Nwosu), who sourced the money from his different clients, and allow his Diamond Bank account to be used to receive and retain the money, and later diverted and disbursed it to third parties on the instructions of the first accused.

The offences, according to the prosecutor, Chief Superintendent of Police, Mr. E. A. Jackson, are contrary to and punishable under sections 8(a) and 1(3), and 1(a) and 1(3) of the Advance Fee Fraud and other Fraud Related Offences Act No. 14 of 2014.

All the accused persons pleaded not guilty to the charges.

However, attempt by their lawyer, E. E. Okoli, to move their bail application hit the rock, as the presiding judge, ordered that the case file be returned to the administrative judge, owing to the fact that vacation would end in three days, and that he might not be able to adjudicate on the bail application,thereafter.

Consequently, the judge ordered that the first accused, Uju Peace Izuogu, be remanded at the female section of the Kirikiri Prison, and that the second accused be remanded at Ikoyi Prison, pending the assignment of the case file to the substantive judge.

Source: ( PM News )

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National News

End SARS: Masari Charges Judicial Panel To Fish Out Perpetrators Of Police Brutality

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#EndSARS: Masari Charge Judicial Panel To Fish Out Perpetrators Of SARS Brutality
#EndSARS: Masari Charge Judicial Panel To Fish Out Perpetrators Of SARS Brutality

Aminu Masari

Governor of Katsina State, Aminu Masari of Katsina State has urged the 11 men committee Judicial Panel to give recommendations going forward to end police brutality in the state.

He gave the charge during the inauguration at Government House Katsina on Saturday.

He also tasked them to come forward with general recommendations that will promote an endearing relationship between the Nigerian Police Force and the general public.

Read Also: #EndSARS: TVC Back On Air — Four Days After Mob Attack

The panel of inquiry will be headed by Justice Abbas Abdullahi Bawale of the Katsina State High Court of Justice.

Other members of the Commission include Retired AIG Danlami Yar’adua, Alhaji Mustapha Ibrahim Zango, Alhaji Bello Musa Dankano, Professor Usman Dhun-nurain, Hajiya Rabi Mohammed, and Ibrahim Ahmad Katsina.

 

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#EndSARS: TVC Back On Air — Four Days After Mob Attack

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#EndSARS: TVC Back On Air — Four Days After Mob Attack
#EndSARS: TVC Back On Air — Four Days After Mob Attack

TVC news Logo

Television Continental popularly known as TVC News is back on air after it was attacked by suspected hoodlums on Wednesday morning.

Recall that the host of popular ladies show ‘Your View’, Morayo Afolabi-Brown, had confirmed during the show on Wednesday that hoodlums had entered the premises of TVC.

The hoodlums had attacked the TV station a few hours after #EndSARS protesters were killed at the Lekki Toll Gate by soldiers on Tuesday night.

Also Read: End SARS Protest: Abia Govt Relaxes Curfew

There were speculations that the TV station was attacked because of its link to the National Leader of the All Progressives Congress, Bola Tinubu.

Workers of the TV station were rescued by Men of the Police Rapid Response Squad who were in the compound to offer protection.

 

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End SARS Protest: Abia Govt Relaxes Curfew

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#EndSARS Protest: Abia Govt Relaxes Curfew
#EndSARS Protest: Abia Govt Relaxes Curfew

Okezie Ikpeazu

Governor of Abia State, Okezie Ikpeazu has lifted the 24-hour curfew on two major cities in the state following the outbreak of violence when the #EndSARS protest was hijacked by hoodlums.

Recall that on Tuesday night,  Aba and Umuahia went under curfew in a statement by the Governor.

However, following the return of calm to the affected areas, Ikpeazu directed that the curfew in the State be relaxed to now take effect from 6 pm to 6 am from Sunday, 25th October 2020.

Also Read: Edo govt extends ultimatum for escaped inmates by one week

This was made known by the State Commissioner for Information, John Okiyi Kalu.

The Governor also directed all markets in the State to be reopened during the day, while Market committees should mobilize adequate security teams to watch over the markets at night and during the day.

Governor Ikpeazu further directed all commercial tricycle operators to henceforth vacate the roads during the curfew time of 6 pm-6 am daily.

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