Ex-staff Of First Marina Trust Defrauded Clients N1.3bn - Newstrends
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Ex-staff Of First Marina Trust Defrauded Clients N1.3bn

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A Federal High Court in Lagos on Monday heard that two former employees of First Marina Trust Ltd. cloned the emails of several customers and defrauded them to the tune of over N1.3 billion.

Mr Anthony Onyeoghane, a witness for the Economic and Financial Crimes Commission (EFCC) which is prosecuting the case, gave evidence at the resumed trial of two former staff of First Marina Trust Ltd., Adeyemi Oluwaseun and Suleiman Yusuf.

The EFCC charged them on four counts bordering on conspiracy to commit identity theft, impersonation, and cybercrime.

They were first arraigned in June 2018 before Justice Chuka Obiozor and pleaded not guilty to the charge.

The court granted them bail.

However, Obiozor was transferred from the Lagos Division of the Federal High Court, and the case was re-assigned to Justice Tijani Ringim.

Following the re-assignment of the case, the defendants were on May 12, re-arraigned before Ringim

They, again, pleaded not guilty to the charge, and Ringim allowed them to continue on their earlier bail.

When the trial resumed on Monday, prosecution counsel, Mr Nnaemeka Omenwa, called the witness for examination-in-chief.

The witness told the court that he worked as a Chief Risk Officer at First Marina Trust Ltd., a financial institution regulated by the Central Bank of Nigeria.

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He identified the defendants as his former colleagues who served as marketing operators and relationship managers, respectively.

The witness told the court that he had chaired a committee set up to investigate a case of internal fraud within the company and orchestrated by the defendants, from May 3, 2016.

He told the court that both defendants connived to create email addresses of customers in a bid to defraud them.

According to him, the defendants conspired to change the email address of a customer named Chinedu Ohamuo, whose email address is chimexohanuo@yahoo.com.

The witness said that the defendants changed same as chimexohamuo1@yahoo.com.

He said that following a change of the email, the second defendant, acting as a customer of the company, wrote an email to himself in his official email address, instructing N15 million should be liquidated from the customer’s investment account.

He said that the second defendant also instructed that the funds should be transferred to one Olufemi Ajala, his childhood friend.

The witness said that the second defendant printed out the email address as required by the company’s policy, wrote on it “email received”, dated and signed it with his signature.

“He then took the said email to the first defendant who, upon verification, uploaded the request to the electronic payment system known as GAPS.

“The sum of N15 million was, therefore, transferred from the unsuspecting customer’s account to Olufemi Ajala. They used the same tactics in 19 other transactions.

“The defendants transfered from unsuspecting customers’ investment accounts, the sum of over N1.3 billion .

The witness testified that the only difference between the 19 other transactions and the one to Olufemi Ajala was that Olufemi Ajala was removed from the “equation” and replaced with a bureau de change.

“On May 16, 2016, a customer known as White App Resources Ltd., also saw his investment account defrauded by the defendants to the tune of N186.2 million, using computer system.

“On May 17, 2016, the same cyber fraud was committed by the defendants on the same customer, and the sum of N237.2 million was stolen. On May 27, 2016, the sum of N500.2 million was also stolen,” he said.

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The witness told the court that the same fraud happened on June 9, 2016, June 22, 2016, and Sept.8, 2016, during which various sums of money were transferred.

He told the court that the first defendant confessed to the investigative committee, that he provided the accounts of the bureau de change into which the monies were transferred.

According to the witness, while on the run on Sept. 19, 2016, the second defendant sent an email to the managing director of the company, confessing to the crime and promising to use his “last blood” in making sure that he refunded the money.

The witness told the court that the proper procedure for liquidating a company’s account was by a hand-written letter or email, requesting same.

“The said letter or email is sent to the relationship manager of that particular customer, who is to confirm the letter or email by calling the customer to verify,” he said.

According to the witness, upon verification, the officer is to write “email or letter confirmed”, then signs and hands it over to the treasury operation staff, who in turn verifies same before uploading it in the electronic payment system.

The case has been adjourned until Feb. 14, 2023, for the continuation of trial.

The EFCC alleges that the defendants obtained sums of money from unsuspecting customers of the company by altering their email addresses.

The EFCC said that the offences contravene the provisions of Sections 13, 22(4), 27(a) and 27(2) of the Cyber Crimes (Prohibition, Prevention) Act, 2015.

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Boko Haram, ISWAP Fighters Clash in Sambisa Forest

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Renewed Boko Haram-ISWAP Clashes in Sambisa Forest

Boko Haram, ISWAP Fighters Clash in Sambisa Forest

Fresh violence has erupted in Nigeria’s insurgency-hit North-East as fighters belonging to Boko Haram and rival faction Islamic State West Africa Province engaged in a fierce confrontation inside Sambisa Forest, multiple security sources have confirmed.

 

The clash, which reportedly occurred deep within the forest in Borno State, is believed to have been triggered by a dispute over territorial control and access to key supply routes. Sambisa Forest has long served as a strategic hideout for insurgent groups operating across the Lake Chad Basin, making it a critical asset for both factions.

 

Sources familiar with the development said the fighting lasted several hours, with sustained gunfire and the movement of armed fighters reported across different parts of the forest. While casualty figures remain unclear, it is feared that both groups suffered notable losses.

 

The confrontation underscores the deepening rivalry between Boko Haram and ISWAP, two factions that have been locked in a bitter struggle since a major split within the insurgent movement several years ago. ISWAP, which maintains links with the global Islamic State network, broke away from Boko Haram over ideological differences and leadership disputes.

 

Analysts note that ISWAP has attempted to position itself as a more structured organisation, often criticising Boko Haram’s earlier tactics, particularly attacks targeting Muslim civilians. Boko Haram factions, on the other hand, have resisted ISWAP’s expansion efforts, leading to repeated violent confrontations between the two groups.

 

The power struggle intensified following the death of Boko Haram’s former leader, Abubakar Shekau, who reportedly died in 2021 during a similar clash with ISWAP fighters. Since then, both groups have continued to compete for dominance across territories in North-Eastern Nigeria.

 

Security experts say the latest fighting could temporarily disrupt insurgent operations in the area, but caution that such internal battles do not necessarily weaken the long-term threat posed by the groups. “These factions often regroup quickly. While clashes like this may reduce their immediate capacity, they rarely bring a lasting end to the insurgency,” one analyst said.

 

Efforts by Nigerian security forces to dislodge insurgents from Sambisa Forest and surrounding areas have been ongoing, with a combination of ground offensives and aerial bombardments carried out in recent years. However, the vast terrain and difficult accessibility of the forest continue to pose significant challenges for sustained military control.

 

As of press time, authorities in Nigeria had yet to issue an official statement detailing the incident. Residents in nearby communities have expressed concern over the renewed violence, fearing possible spill-over attacks.

 

The latest clash highlights the complex and evolving nature of the insurgency in North-Eastern Nigeria, where fragmentation among extremist groups has added another layer of unpredictability to an already protracted conflict.

 

Boko Haram, ISWAP Fighters Clash in Sambisa Forest

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Suspected Terrorists Attack Mobile Force Camp in Kwara, Kill Three Officers

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Some Nigerian policemen

Suspected Terrorists Attack Mobile Force Camp in Kwara, Kill Three Officers

 

Ilorin — Suspected terrorists on Saturday launched a deadly attack on a Police Mobile Force (PMF) camp in Kwara State, killing three officers and leaving two others injured in what authorities describe as a coordinated assault.

The attack occurred in the early hours in Tenebo community, Kaiama Local Government Area, a border region that has witnessed rising insecurity in recent months.

Sources within the community said the gunmen, believed to be heavily armed, stormed the camp unexpectedly, catching officers on duty off guard. The assailants reportedly opened fire, overwhelming the personnel before fleeing the scene.

A security source, who spoke on condition of anonymity, confirmed that three mobile police officers lost their lives during the હુમલો, while two others sustained injuries and were rushed to a nearby medical facility for treatment.

The Nigeria Police Force has acknowledged the incident, though official details remain limited as of press time. A police spokesperson said efforts are ongoing to ascertain the full circumstances surrounding the attack.

“We are aware of the incident and have commenced investigation. Further updates will be communicated in due course,” the spokesperson stated.

Security operatives have since been deployed to the area, with indications that a manhunt has been launched to track down the perpetrators.

Rising insecurity

The latest attack underscores growing concerns over insecurity in parts of Kwara State, particularly in Kaiama Local Government Area, which shares proximity with forested regions believed to harbour criminal elements.

Residents say the المنطقة has experienced sporadic attacks in recent weeks, with armed groups targeting both security formations and rural communities.

A local resident, who declined to be named for security reasons, described the situation as alarming. “We heard gunshots in the night. People are now living in fear because these હુમલાઓ are becoming frequent,” he said.

Calls for action

Security analysts have warned that the incident highlights the need for strengthened intelligence gathering and increased security presence in vulnerable border communities.

As of the time of filing this report, no group has claimed responsibility for the attack, and authorities have urged residents to remain calm while investigations continue.

The injured officers are said to be responding to treatment, while arrangements are being made for the deceased personnel.

Further developments are expected as security agencies intensify efforts to restore calm in the affected area.

Suspected Terrorists Attack Mobile Force Camp in Kwara, Kill Three Officers

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Osogbo United Youth Forum Calls for Peace, Facts in Boundary Dispute, Rejects Divisive Claims

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Osogbo United Youth Forum Calls for Peace, Facts in Boundary Dispute, Rejects Divisive Claims

 

OSOGBO, NIGERIA – In a firm stand for truth and harmony, the Osogbo United Youth Forum (OUYF) has called on all stakeholders to reject recent misleading narratives regarding the boundary issues between Osogbo and Ede, urging instead a return to verified history and peaceful coexistence.

 

At a press briefing in Osogbo, the Forum’s Public Relations Officer, Comrade Adedapo Adebisi, expressed deep concern over what he described as an attempt to distort well-documented historical facts for divisive purposes. He stressed that such narratives must not be allowed to fester.

 

“Osogbo’s history is clear and cannot be manipulated. We urge everyone involved to prioritize truth, fairness, and respect for established records. This is the only path to mutual understanding and lasting peace,” Adebisi stated.

 

In a significant development, Comrade Adebisi noted that the Alabeere of Abeere has publicly condemned and dissociated himself from the false claims, clarifying that the report in circulation did not originate from his quarters. The youth forum warned that such fabricated information is capable of igniting chaos and public unrest, insisting that such actions must not be allowed to recur.

 

The forum emphasized the long-standing cordial relationship between the people of Osogbo and Ede, highlighting that unity and collaboration are essential for sustainable development in the region. Leaders, elders, and citizens were called upon to resist inflammatory rhetoric and work collectively to strengthen communal bonds.

 

The President of OUYF, Ayoola Mutiu Odofin, and General Secretary, Comrade Adeagbo Suraj A., reaffirmed the group’s commitment to promoting peace and protecting the integrity of Osogbo’s heritage.

 

The youth forum made a strong appeal to government authorities, traditional institutions, and community leaders to address boundary disputes with transparency and fairness. Youths across Osogbo were encouraged to remain vigilant, reject divisive narratives, and champion dialogue as the most effective tool for lasting peace.

 

“We are committed to engaging constructively with all stakeholders, offering our platform as a bridge for dialogue, reconciliation, and collective progress,” the statement concluded.

 

###

 

For media inquiries, please contact:

Comrade Adedapo Adebisi

Public Relations Officer, Osogbo United Youth Forum

 

 

Osogbo United Youth Forum Calls for Peace, Facts in Boundary Dispute, Rejects Divisive Claims

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