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Two men get 20 years jail term over N2.15m fraud

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A Maiduguri High Court has sentenced two men to 20 years’ imprisonment over N2,150,000 fraud, the case was presided over by Justice Fadawu Umar.

The culprits, Philip Power and Attah Adoga were guilty on a two-count and sentenced each of them to 10 years’ imprisonment on each count.

Umar convicted the two men under Sections 8 (a) and 1(3) and 1(1) (b) of the Advanced Fee Fraud and other related offences Act, 2006.

He also ordered forfeiture of N160, 000 in the Access Bank account of one Musa Bello linked to the fraud.

“The balance of N160, 000.00 in Musa Bello’s purported account is forfeited to the Federal Government of Nigeria,” he added.

Power and Adoga were prosecuted by the Economic and Financial Crimes Commission on counts of conspiracy and obtaining by false pretence.

Prosecution counsel, Mr Khalid Sunusi, had told the court that the two men were arrested on July 14, 2017, in Maiduguri, following a petition against Musa Bello over the N150, 000 fraud.

Sunusi said that the petition was made by Mr Ali Musa, who said that the men conspired and collected money from him under false pretences.

He said that the convicts told Ali Musa that the money would be used to supply iron scrap to him.

Sunusi submitted that the convicts later requested for additional N2 million from Ali Musa to enable them to deliver the goods, which they did not supply.

The prosecution presented four witnesses and tendered 12 exhibits to support its case.

Source : (NAN)

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CCB Invitation: Magu Can’t Access Assets’ Documents, Says Lawyer

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CCB Invitation: Magu Can’t Access Assets’ Documents, Says Lawyer

Ibrahim Magu

The suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has explained why he failed to honour the invitation of the Code of Conduct Bureau (CCB).

Recall that it was reported that CCB is planning to charge Magu for failing to declare his assets after failing to honour the invitation of the bureau.

Quoting portions of Magu’s letter in a statement on Sunday titled, ‘CCB invitation: Magu lacks access to relevant documents – Lawyer’ the embattled former EFCC boss lawyer Wahab Shittu said some of the documents requested by the CBB have been seized by the DSS and the retired Justice Ayo Salami-led panel.

Also Read: Corruption Allegation: Salami Panel Submits Investigative Report On Magu

He stated that Magu told the CCB that DSS removed the documents from his office while he was in detention following his suspension from office to pave the way for his probe by the panel.

Mr. Wahab Shittu also asked the CCB to reschedule the invitation till when Magu would have access to his office and the relevant documents.

He said, “We wish to state that our client did not shun the CCB invitation as the media reportage did not reflect the true position of the narrative.

“We wish to state with high sense of responsibility that we have written two letters to the Chairman of the CBB, intimating him about the inability of our client to have access to the relevant documents as required by the CCB.”

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Saraki Reacts To Kidnap, Killing Of Worshippers In Zamfara Mosque

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Saraki Reacts To Kidnap, Killing Of Worshippers In Zamfara Mosque

Bukola Saraki

Former Senate President, Senator Bukola Saraki has condemned the recent attack by gunmen on a mosque in Zamfara state which led to the killing of some worshippers.

Saraki in his reaction on Monday, condemned the activities of the criminals in its totality, calling on the government and security agents to step up their game in securing the lives of the citizens.

He added that the frequent cases and reports of insecurity in the country should be a source of concern for all Nigerians.

Recall that gunmen on Friday stormed a Friday mosque in the village of Dutsin Gari in Kanoma, Zamfara State, and abducted about 40 worshipers and an Imam.

Five worshippers were killed while several others were also injured.

Reacting to this development, Saraki wrote on his Twitter page:

 

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Recession: Nigeria’s Economy On Way To Recovery, Says Osinbajo’s Aide

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Recession: Nigeria’s Economy On Way To Recovery, Says Osinbajo’s Aide

Yemi Osinbajo

Laolu Akande, Senior Special Assistant to Vice President, Yemi Osinbajo has stated that the Nigerian economy was already on its way to recovery from its second recession in five years.

Recall that Nigeria on Saturday, November 21, officially went into recession for the second time under President Muhammadu Buhari‘s administration.

But speaking on Sunday on a television programme, Laolu Akande, Senior Special Assistant on Media and Publicity to Osinbajo, said the economy is already on its path to recovery despite predictions by critics.

Akande said, “Let me say very clearly that if you look at the GDP (Gross Domestic Product) figures themselves, there is a clear indication of restoration. For instance, in Q2, the contraction was -6.1 but in Q3 which figures were just released, the contraction is -3. So, clearly, the Nigerian economy is on a rebound.

Also Read: Recession: Nigeria Is Broke, Can’t Afford 2021 Budget – Atiku

“To the question of when we will get out of this situation, the figures bear the truth that the Nigerian economy is on its way to recovery. This is going to be mainly because of the Economic Sustainability Plan that the President had put in place and asked the Vice-President to share its development and implementation.

“The economy is rebounding and this is mainly because of the preemptive action that the Buhari administration had taken even before now to ensure that the situation doesn’t get worse. We have the confidence that the Nigerian economy will bounce back very promptly.”

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