Mairo Abdulahi Bashir, a business manager with United Bank for Africa, UBA, and first prosecution witness, (PW1), in the ongoing trial of Abdulrasheed Maina, former chairman, Pension Reform Task Team before Justice Okon Abang of the Federal High Court, Abuja, on Friday, November 29, 2019 disclosed that Maina used his sister’s name to open a secret bank account with the UBA, through which funds were transferred. According to the witness, Maina passed off the account as belonging to his sister, while he actually operated it.
A former employee of the Ayete Microfinance Bank Limited in Oyo State, Sunday Fadayomi, was on Friday, November 29, 2019, sentenced to six years in prison without an option of fine for stealing a total of sum of N11,000,000 (Eleven Million Naira) from the bank while working there.
Operatives of the Economic and Financial Crimes Commission EFCC, in the early hours of Thursday November 28, 2019, arrested 23 Internet fraud suspects at a building which is being used as training outpost for potential cyber criminals on Essien Essien Street, Ikot Ibiok village, Eket Local Government Area, Akwa Ibom State.
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has commenced investigation into the allegations of over N150m( One Hundred and Fifty Million Naira) fraud involving Stephen Oshinowo, a former Executive Secretary, Lagos State Scholarship Board, Shobaloju Akinwunmi, Director, Accounts and one Kasali Kamoru Amoo.
The Oodua Youth Parliament, OYP, on Thursday November 28, 2019 presented the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, with an award of excellence, in recognition of his contributions in the fight against corruption, especially cyber crime in the country.
Students across the country have been charged to strive to earn decent livelihood through legitimate means. The head of the Kaduna office of the Economic and Financial Crimes Commission, EFCC, Mailafia Yakubu gave the advice when he played host to students of Dialogue College, Kaduna, on an excursion to the Zonal Office.
Third prosecution witness (PW3), Adedeji Jide Adelabu, a bureau de change operator, on Thursday, November 28, 2019 told Justice Okon Abang of the Federal High Court, Abuja, how Mohammed Dangana, a staff of the Economic Community of West African States, (ECOWAS), instructed him to exchange and transfer millions of naira and foreign currencies to his personal accounts.
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Thursday, November 28, 2019 arraigned the duo of Kayode Phillip and Hamza Koudeih before Justice Muslim S. Hassan of the Federal High Court, sitting in Ikoyi, Lagos on a 25-count charge bordering on conspiracy and money laundering.
Justice Adamu Turaki Mohammed of the Federal High Court Port Harcourt, Rivers State has sentenced one Johnson Abraham Ukiwe to seven years imprisonment without option of fine for dealing on petroleum products without licence and obtaining money under false pretence to the tune of N10million (Ten Million Naira).
The Economic and Financial Crimes Commission (EFCC), has arraigned one Dennis Joke Emuekevwo before Justice Mariya.M.Ismaila of the Niger State High Court, Suleja on a two-count charge of criminal breach of trust and cheating to the tune of N557,000 (Five Hundred and Fifty Seven Thousand Naira).