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President Bola Tinubu approves appointment of Sylvester Nwakuche as the Acting Controller General, Nigerian Correctional Service(NCoS)

Tinubu appoints Sylvester Nwakuche as Ag. NCoS CG

Ayorinde Oluokun

2 years ago

Tinubu charged Nwakuche to bring his wealth of experience to bear in his new capacity and ensuring the continued transformation…
officer with Zenith Bank, Maitama Branch, testified as Prosecution Witness Four (PW4) under subpoena. He gave a detailed account of massive cash withdrawals allegedly carried out between 2016 and 2023, using multiple bank instruments and channels. Led in evidence by prosecuting counsel, Kemi Pinheiro, SAN, Dada said the records he presented were among seven sets of documents submitted in compliance with a subpoena addressed to the bank’s Managing Director. The subpoena was admitted as Exhibit 20, while related documents covering account holders and corporate entities were admitted as Exhibits 21 through 24C. Among the accounts examined were those belonging to Adamu Jagafa Ishaya, Whales Oil and Gas, Jimeda Properties Nigeria Limited, Alyeshua Solutions, and notably, the Kogi State Government House’s Administration Account. Focusing on the Kogi State Government House’s Administration Account, Pinheiro highlighted a pattern of cash withdrawals that blatantly violated the Central Bank of Nigeria’s, CBN, cashless policy. According to Dada, the CBN had placed cash withdrawal limits at ₦500,000 for individuals and ₦5,000,000 for corporate or government entities during the relevant period. Exceeding these limits attracted surcharges. Dada testified that between January 30 and February 1, 2018, a total of ₦697,267,000 was withdrawn in ₦10 million tranches through cheques issued in the name of one Abdulsalami Hudu. Then, on February 2, 2018, an additional ₦99,573,000 was withdrawn in similar tranches and several other withdrawals totalling N1.09bn within three days The prosecution also revealed that on February 1, 2018, a transfer of ₦3,325,000 was made from the same Kogi Government account to one Ali Bello. Dada further disclosed that this pattern of suspicious transactions continued in subsequent years. On May 6, May 11, and May 19, 2022, the same account received ₦100 million on each date from the Kogi State Statutory Revenue Account. These inflows were immediately followed by multiple cash withdrawals in ₦10 million tranches, primarily by Abdulsalami Hudu and another named beneficiary, Alhassan Omakoji. Referring to pages 395 to 401 of the account statement, the witness confirmed that almost every credit inflow was followed by immediate debits via cheque withdrawals made out to the same individuals, sometimes on the same day. Dada further narrated that on September 7, 2023, the account recorded 11 cash withdrawals of ₦10 million each, far above the ₦5 million limit, attracting a surcharge of ₦500,000 per transaction. This resulted in a total surcharge of ₦4,750,000 for that day alone. In another instance, on January 20, 2018, the account received 10 separate credits from the Kogi State Statutory Account totaling over ₦697 million. These were again followed by a series of ₦10 million withdrawals issued to Hudu and others. On January 31, Hudu alone reportedly collected ₦347,267,000 in 36 separate cash withdrawals. Pinheiro also tendered the account opening documents from pages 2 to 23 of Exhibit 22A, and the bank statement from pages 24 to 413, with the earliest transaction dating back to February 12, 2016. Dada described the six standard columns on the statement, date posted, value date, transaction description, debit, credit, and balance, and explained various transaction types, including NEFT and NIP transfers. Although the defence team, led by J.B. Daudu, SAN, earlier objected to the admissibility of some documents but chose to reserve their arguments till a later date. Justice Emeka Nwite admitted all documents and marked them accordingly. The matter was thereafter adjourned to Friday, June 27, 2025, for cross-examination and continuation of trial.

Alleged ₦80.2bn fraud: How Yahaya Bello begged court before getting bail

Ayorinde Oluokun

2 years ago

One of the charges read: “That you, Yahaya Adoza Bello, Ali Bello, Dauda Suleiman, and Abdulsalam Hudu (still at large),…
Court sentences 36-year-old man in Ogun State, Oluwole Olushola to seven years imprisonment for belonging to black Axe Secret Cult

Ogun man Oluwole Olushola bags 7 years jail term over cultism

Ayorinde Oluokun

2 years ago

“Upon his arrest, the convict made a confessional statement of belonging to a black Axe Secret Cult group” she said.…
Edo AGF, others face imprisonment over disobedience to court judgment

‘My wife is dating my plumber!’

Ayorinde Oluokun

2 years ago

My lord, I became completely frustrated when I found out that Stella was having extra-marital affairs with my plumber and…
Police arrest native doctor, Veror Orduen and driver, Aondoaver Viaga, in Benue State over alleged theft of a company's truck.

Benue varsity lecturer arrested for alleged kidnap of ASUU chairman’s wife

Ayorinde Oluokun

2 years ago

Following report of the kidnap incident, Anene said the Commissioner of Police, Benue State Command, Steve Yabanet, immediately ordered all…
EFCC operatives nab U.S based Nigerian man, Osang Usie Otukpa, for allegedly duping 139 Australians to the tune of $AUD8,000,000

US-based Nigerian Osang Otukpa arrested in Lagos for duping 139 Australians

Ayorinde Oluokun

2 years ago

he suspected online fraudster was arrested in a stake out at the Murtala Mohammed International Airport, Ikeja, Lagos by EFCC…
Sunday

44-year-old man docked for allegedly beating up his mother

Paul Dada

2 years ago

The prosecutor,  Simon Uche, told the court that the defendant committed the offence between January 2020 and November.
officer with Zenith Bank, Maitama Branch, testified as Prosecution Witness Four (PW4) under subpoena. He gave a detailed account of massive cash withdrawals allegedly carried out between 2016 and 2023, using multiple bank instruments and channels. Led in evidence by prosecuting counsel, Kemi Pinheiro, SAN, Dada said the records he presented were among seven sets of documents submitted in compliance with a subpoena addressed to the bank’s Managing Director. The subpoena was admitted as Exhibit 20, while related documents covering account holders and corporate entities were admitted as Exhibits 21 through 24C. Among the accounts examined were those belonging to Adamu Jagafa Ishaya, Whales Oil and Gas, Jimeda Properties Nigeria Limited, Alyeshua Solutions, and notably, the Kogi State Government House’s Administration Account. Focusing on the Kogi State Government House’s Administration Account, Pinheiro highlighted a pattern of cash withdrawals that blatantly violated the Central Bank of Nigeria’s, CBN, cashless policy. According to Dada, the CBN had placed cash withdrawal limits at ₦500,000 for individuals and ₦5,000,000 for corporate or government entities during the relevant period. Exceeding these limits attracted surcharges. Dada testified that between January 30 and February 1, 2018, a total of ₦697,267,000 was withdrawn in ₦10 million tranches through cheques issued in the name of one Abdulsalami Hudu. Then, on February 2, 2018, an additional ₦99,573,000 was withdrawn in similar tranches and several other withdrawals totalling N1.09bn within three days The prosecution also revealed that on February 1, 2018, a transfer of ₦3,325,000 was made from the same Kogi Government account to one Ali Bello. Dada further disclosed that this pattern of suspicious transactions continued in subsequent years. On May 6, May 11, and May 19, 2022, the same account received ₦100 million on each date from the Kogi State Statutory Revenue Account. These inflows were immediately followed by multiple cash withdrawals in ₦10 million tranches, primarily by Abdulsalami Hudu and another named beneficiary, Alhassan Omakoji. Referring to pages 395 to 401 of the account statement, the witness confirmed that almost every credit inflow was followed by immediate debits via cheque withdrawals made out to the same individuals, sometimes on the same day. Dada further narrated that on September 7, 2023, the account recorded 11 cash withdrawals of ₦10 million each, far above the ₦5 million limit, attracting a surcharge of ₦500,000 per transaction. This resulted in a total surcharge of ₦4,750,000 for that day alone. In another instance, on January 20, 2018, the account received 10 separate credits from the Kogi State Statutory Account totaling over ₦697 million. These were again followed by a series of ₦10 million withdrawals issued to Hudu and others. On January 31, Hudu alone reportedly collected ₦347,267,000 in 36 separate cash withdrawals. Pinheiro also tendered the account opening documents from pages 2 to 23 of Exhibit 22A, and the bank statement from pages 24 to 413, with the earliest transaction dating back to February 12, 2016. Dada described the six standard columns on the statement, date posted, value date, transaction description, debit, credit, and balance, and explained various transaction types, including NEFT and NIP transfers. Although the defence team, led by J.B. Daudu, SAN, earlier objected to the admissibility of some documents but chose to reserve their arguments till a later date. Justice Emeka Nwite admitted all documents and marked them accordingly. The matter was thereafter adjourned to Friday, June 27, 2025, for cross-examination and continuation of trial.

N80bn fraud charge: Court grants Yahaya Bello N500m bail

Paul Dada

2 years ago

Justice Nwite ordered that Bello be remanded in the Kuje Correctional Center in Abuja pending the perfection of his bail…
Alleged ₦110.4bn Kogi fraud: Witness narrates how N950m property was bought in Maitama

Yahaya Bello pleads not guilty to N80bn fraud charge

Paul Dada

2 years ago

In her ruling on Bello’s application, the judge said the former Kogi governor was only making an attempt to invoke…
Lagos

Lagos signs organ transplantation bills, others into law 

Paul Dada

2 years ago

Violation of this law attracts the power to seal premises selling hazardous products and imposes fine of up to N5…
European Union

EU to procure solar equipment for five Nigerian states

Paul Dada

2 years ago

The five states that have been selected for the project are Abia, Akwa-Ibom, Enugu, Ogun, and Plateau.
Onyema

Air Peace boss commends Tinubu over policy reforms

Paul Dada

2 years ago

“Many Nigerians believe that restructuring is dividing the country along regional lines, but what Tinubu is doing is the real…

Ejielo Ogbuefi Honored With Dratech Data Innovation Excellence Award 2024

Nimot Sulaimon

2 years ago

By John Okafor Recognized as one of the top ten innovators out of seventeen nominees, the business intelligence engineer earns…

Dratech International 2024 honours Semiu T. Fasasi for advancing environmental sustainability

Michael Adesina

2 years ago

By Samuel Okey The hall at the Dratech International Conference 2024 was still buzzing when the announcement came through. The…
Rural areas

Stakeholders advocate free education in rural areas

Paul Dada

2 years ago

Nigeria today is a thoroughly divided society between the very rich and the very poor, and the children of the…
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