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Showing posts from April 2, 2015

EFCC TASKFORCE ARRESTS 34 SUSPECTED CURRENCY SPECULATORS IN ABUJA. (PHOTOS). #PRESS RELEASE.

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 EFCC Taskforce Arrests 34 Suspected Currency Speculators in Abuja Operatives of the Economic and Financial Crimes Commission, EFCC, attached to the Taskforce on Currency mutilation, Dollarization of the Economy and Forex Malpractice, have arrested 34 suspected currency speculators  for alleged foreign exchange fraud. They were arrested on Friday, April 26, 2024 in a sting operation following credible intelligence about illegal sales of dollars at the Wuse Zone 4 area of the Federal Capital Territory Abuja.   The suspects are :Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Lawal, Usman Umar, Amina Garba Rola, Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Moha
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4 EMIRATE AIRLINE STAFF,ARRAIGNED BEFORE THE F.H.C IN LAGOS FOR $1.6 MILLION FRAUD.

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                   The four suspects are identified as Abayomi Adekanbi Abiola,Isiaka Adegoke Adedeji,Awonubi Abayomi and George Ikpekhia,were arraigned alongside Emirates Airlines,Pathfinders international LTD and Nigeria Aviation Handling company LTD.The accused persons were arraigned on eleven count charge of stealing,fraud,obtaining money under false pretence,willful destruction of evidence and failure to report an international transfer fraud.The accused persons were alleged to have on the 19th of December 2007,at the Murtala Muhammad International Airport Lagos state,stole four bags with tag number EK 428682,EK 428683,EK 650162,EK 650161,containing the sum of $1.6 million,belonging to PArince Chuikem Orji,on the promise of keeping them intact for onward delivery to him at Guangzhou,China.They were also alleged to have conspired together to fraudulently defraud the victim of the four bags containing the said amount by willfully destroying the evidences through deletion of baggage
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CHINESE DRIVERS,ARE RELUCTANT TO PURCHASE ELECTRIC VEHICLES,DUE TO A LACK OF CHARGING STATIONS.

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               According to sources,due to a lack of charging stations,Chinese drivers are reluctant to purchase electric vehicles,despite the governments efforts to promote green cars nation wide.Currently,to buy an electric car,drivers can enjoy a government subsidy up to $16,000.Even so,among the 260 million cars running on China's roads,electric vehicles account for less than 0.1%.Many drivers have avoided buying electric vehicles because they are daunted by the prospect of being stranded halfway home due to the inconvenience of charging their cars.Most of the charging stations are far away from residential areas,and not all off them are open to private use.Xue Xu,a professor from Peking University said ''An obstacle to the mass adoption of electric cars is the battery technology.Chinese companies should invest and research more in developing big batteries before the market is taken over by international brands''.One more photo below.           
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