“However, the suspect, according to the petitioner, failed to meet his obligations to the bank and all efforts to get him to repay the loan facility proved abortive. The suspects would be charged to court as soon as investigations are concluded.”
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EFCC to arraign ex-minister over unpaid N3.6bn loan
EFCC to arraign ex-minister over unpaid N3.6bn loan
The Economic and Financial Crimes Commission has arrested a former Minister of Commerce and Industry, Charles Ugwu, for alleged conspiracy and loan fraud to the tune of N3.6bn.
The spokesperson for the EFCC, Dele Oyewale, in a statement on Monday, said the ex-minister was arrested alongside one Geoffrey Ekenma on January 11, 2024, at No.2, Musa Yar Adua Way, New Owerri, Imo State, following a petition received from a new generation bank.
Ugwu was appointed minister by the late President Umaru Yar’Adua and was sacked after a cabinet reshuffle that affected 19 members of the cabinet.
Revealing details of his arrest on Monday, the EFCC spokesman said the petitioner accused the ex-minister of failing to meet his obligations to the bank, adding that all efforts to get him to repay the loan facility proved abortive.
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Oyewale said, “Operatives of the Lagos Zonal Command of the EFCC have arrested a former Minister of Commerce and Industry, Charles Ugwuh, for an alleged conspiracy and fraud to the tune of N3.6bn.
“Ugwuh was arrested alongside Geoffrey Ekenma on January 11, 2024 at No.2, Musa Yar Adua Way, New Owerri, Imo State, following a petition to the commission from a new generation bank on the alleged fraud perpetrated through a company, Ebony Agro Industries Ltd., linked to the ex-minister.
“Investigations revealed that Ugwuh and Ekenma, Managing Director, Ebony Agro Industries Ltd., allegedly obtained a loan facility from the bank for the purchase and production of polished rice.
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Bandits kill nine civilian JTF members, kidnap three in Sokoto
Bandits kill nine civilian JTF members, kidnap three in Sokoto
At least nine Civilian Joint Task Force members fighting bandits in Sokoto State have been reportedly killed in an ambush, while an unspecified number sustained varying degrees of injury.
It was gathered that three CJTF members were also taken away by the bandits.
A source told our correspondent that the incident occurred last Sunday in Isa Local Government Area of the state.
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The CJTF source added that Isa LGA is a stronghold of bandits and very dangerous for security operatives.
“We lost nine members in an ambush in Isa LGA, many others were wounded and three others were abducted in the attack after our members received a distress call to support security operatives.
“We received the sad news two days ago. Since the beginning of this year, when we were asked by the state government to deploy our members to support the troops in the fight against banditry in the North-West.”
Recall that this was the second time bandits would ambush CJTF men in Sokoto State in two months.
Bandits kill nine civilian JTF members, kidnap three in Sokoto
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IPOB declares sit-at-home May 30 to honour Biafra heroes
IPOB declares sit-at-home May 30 to honour Biafra heroes
The Indigenous People of Biafra (IPOB) has declared Thursday May 30 as sit-at-home day in South East to honour those who fought in the civil war.
In a statement issued by IPOB’s Media and Publicity Secretary, Comrade Emma Powerful, said: “The sit-at-home is an annual event held on May 30th to remember the men and women who died during the Nigerian civil war between 1967 and 1970.
“IPOB leader, Mazi Nnamdi OkwuChukwu Kanu, urged all Biafrans, friends of Biafra, and residents in Biafra Land to observe the sit-at-home and reflect on the sacrifices made by the fallen heroes.
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“All schools, government offices, private offices, banks, transport unions, market unions, and private individuals are expected to shut down operations on May 30th, except for medical personnel and emergency workers.”
IPOB also called on Christians and traditional worshipers to use the day to pray for the fallen heroes and for Biafra’s independence from Nigeria.
The group warned residents to avoid loitering and stay indoors from 6 am to 6 pm to avoid any confrontation with security forces.
“IPOB members in diaspora are encouraged to organize peaceful rallies and seminars to raise awareness about the Biafran struggle and the ongoing genocide against the Biafran people.
By honoring the heroes and heroines of the Biafran struggle, IPOB hopes to keep their memory alive and continue the fight for Biafra’s freedom and independence, ” the statement added.
IPOB declares sit-at-home May 30 to honour Biafra heroes
metro
Court sends tenant to prison for setting landlord’s house on fire
Court sends tenant to prison for setting landlord’s house on fire
One Dickson Peter has been remanded in a correctional facility for allegedly setting his landlord’s house on fire.
An Iyaganku Chief Magistrates’ Court in Ibadan, ordered the remand of the accused on Thursday.
According to NAN, the police charged 35-year-old peter with two counts of felony and arson.
The Magistrate, Mr M. Mudashiru, who did not take the defendant’s plea due to want in jurisdiction, ordered that he should be remanded in Abolongo Correctional facility, Oyo Town.
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Mudashiru said the remand is pending legal advice from the Director of Public Prosecution, DPP.
He adjourned the matter until July 23, for mention.
Earlier, the Prosecution Counsel, Insp Femi Oluwadare informed the court that Peter on April 18, at about 12:30a.m, was alleged to have unlawfully set fire to the House of his Landlord, Cepas Okeme and destroyed properties worth N6.5 million.
Oluwadare said after he set the building on fire, it also spread to the next property belonging to Bose Ali ‘ F’ and also destroyed property worth N3.5 million.
He said the offence contravened the provisions of section 443 of the Criminal Code Laws of Oyo State 2000
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