A Federal High Court sitting in Port Harcourt has granted the former presidential candidate of the Hope Democratic Party, Chief Ambrose Owuru bail in the sum of ten million naira, (N10, 000, 000) and one surety who must be a lawyer of thirty years post call experience.
Justice Suleiman Aliyu also ordered that the surety must swear an affidavit of means while the accused undertake to be present in court throughout his trial.
The Economic and Financial Crimes Commission, EFCC has declared two persons accused of defrauding the federal government in bogus oil subsidy claims wanted. They are Seun Ogunbambo and Habila Theck, Managing Director and General Manager, Operations respectively of Fargo Petroleum and Gas Limited.
The Economic and Financial Crimes Commission has arrested one Kingsley Mudi over alleged ATM fraud. He was picked up at about 11 pm on August 2, 2013 at Fidelity Bank ATM on Airport Road, Warri, Delta State following intelligence report.