Crime
EFCC re-arraigns suspended AGF over N109bn fraud
Ahmed Idris, the suspended Accountant-General of the Federation, and three other defendants were re-arraigned by the Economic and Financial Crimes Commission on Wednesday at Maitama Federal Capital Territory High Court on charges of a N109.5 billion scam.....KINDLY READ THE FULL STORY HERE▶
Olusegun Akindele, Mohammed Usman, and Gezawa Commodity Market and Exchange Limited are additional defendants.
They were initially charged with misappropriating N109.5 billion on 13 counts on July 22 before Justice Adeyemi Ajayi, a judge on leave.
However, the matter was transferred to Justice Yusuf Halilu when the court resumed.
They all pleaded not guilty to the charge preferred against them.
Following their not-guilty plea, counsel for Idris, Chris Uche (SAN), prayed the court to allow the defendants to continue to enjoy the earlier bail granted them by the court on July 28
He submitted that they have been complying with their bail conditions.
The Lawyers for the other accused joined Uche’s application and submission.
The application was not opposed by Oluwaleke Atolagbe, the EFCC’s attorney.
But he let the court use its discretion in making the choice.
Justice Halilu decided the application and ruled that a defendant’s right to bail is protected by the constitution.
However, he instructed the defendants to give the court registrar their passports.
The judge further said that the prosecution should give the documents to the registrar if they are present.
Justice Halilu adjourned the case until November 23 for hearing.
A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.....KINDLY READ THE FULL STORY HERE▶
Court Sentences Man to Four Years for ₦16 Million Money Laundering, Forfeits G-Wagon
A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.
Key Details of the Case
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Guilty Plea & Sentencing: Justice Akintayo Aluko handed down the sentence on Thursday after Thaoban pleaded guilty to a two-count EFCC charge, alongside an alternative fine option of ₦1.8 million.
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The Offense: Prosecutors stated that Thaoban acted as a middleman in 2023, funneling illicit funds to purchase the luxury vehicle, violating the Money Laundering (Prevention and Prohibition) Act, 2022.
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Asset Forfeiture: In addition to the prison term, the judge ordered the permanent forfeiture of both the convict’s G-Wagon and mobile phone to the Federal Government.
Related BDC Convictions
In a separate proceeding, Justice Aluko also convicted four Bureau de Change (BDC) operators—Umar Muhammad Lamido, Yusuf Musa Yusuf, Abdulmuhimin Mahmud, and Muhammed Musa—for conducting unauthorized foreign exchange transactions outside the official market. Following their guilty pleas, each received a 12-month prison sentence with an option of a ₦100,000 fine.
A Delta State High Court has handed down death sentences to two individuals for their involvement in the 2018 killing of Delta State University (DELSU) undergraduate Elozino Ogege, following a ruling that found them guilty. Meanwhile, a third co-defendant facing charges related to the same incident was discharged and acquitted. The 2018 murder of Ogege had previously sparked significant public outrage and widespread demands for justice. Further details on the ruling are expected soon.....KINDLY READ THE FULL STORY HERE▶
Security forces have arrested a suspected Boko Haram informant, Abulfatahi, in Monguno, Borno State, in connection with the recent terrorist attack on Cross Kauwa.....KINDLY READ THE FULL STORY HERE▶
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Operation & Timing: Apprehended on July 27 during an intelligence-led sweep targeting a local terrorist information network. Two other suspects were previously arrested and moved to the Joint Intelligence Fusion Centre.
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Confession: During preliminary interrogations, Abulfatahi admitted to working for a Boko Haram commander named Akilu, who directs terrorist operations in Dabar Masara and Garin Mace.
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Criminal Activities: The suspect allegedly collected illegal taxes for the terrorist commander and helped select targets for abduction around Monguno.
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Evidence Recovered: Investigators found two phone numbers linked to Commander Akilu on Abulfatahi’s mobile device, which are aiding security forces in dismantling the broader network.
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Next Steps: Authorities are expanding their investigations to uncover other collaborators and strengthen ongoing counter-terrorism efforts across the Lake Chad region.
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