WORLD’S YOUNGEST REIGNING MONARCH , KING OYO, DIES AT 34.(PHOTO).

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 World’s Youngest Reigning Monarch , King Oyo, Dies at 34 King Oyo Nyimba Kabamba Iguru Rukidi IV, the traditional ruler of Uganda’s Tooro Kingdom who became the world’s youngest reigning monarch after ascending the throne at three, has died at the age of 34. The monarch reportedly died on Thursday, with the Prime Minister of the Tooro Kingdom, Calvin Armstrong Rwomiire Akiiki, announcing his death on Friday. The cause of death was not immediately disclosed. However, Ugandan media reports quoted a government minister as saying that King Oyo had been critically ill and was receiving medical treatment in the United States. Reacting to the development, Akiiki described the monarch’s death as a major loss to the royal family and the people of Tooro. He urged members of the kingdom to remain united and calm while mourning the traditional ruler. King Oyo ascended the Tooro throne in 1995 following the death of his father, King Patrick Matthew Kaboyo Rukidi III. He was only three years ol...

EFCC ARRAIGNS BANKER FOR N50.4M FRAUD TODAY AT IGBOSERE.{PHOTO}


       The Economic and Financial Crimes Commission, EFCC, on Tuesday, November 14, 2017, arraigned one Adebayo Ogunnusi and his company, TQM Infrastructure Limited, before Justice Sybil Nwaka of the Lagos High Court sitting in Igbosere, Lagos on one-count charge bordering on obtaining money under false pretence to the tune of N50, 400,000.00( Fifty Million, Four Hundred Thousand Naira).
The offence is contrary to Section 1(1) (a) and 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006.The complainant, Kehinde Agbabiaka, alleged that he approached the suspect, who presented himself as Head, Small and Medium Enterprise desk of a new generation bank, to source for the sum of $ 160,000 ( One Hundred and Sixty Thousand Dollars), which he needed to import goods from China within a week.Agbabiaka further alleged that he transferred the money in installments of N47, 250,000.00 on August 22, 2016 and N3,150,000.00 on August 26, 2016 respectively to the GT Bank account number 0001058690 of the suspect.The suspect, however, allegedly reneged on the agreement and also became elusive after receiving the money.The suspect pleaded not guilty when the charge was read to him.In view of his plea, the prosecution counsel, Mustapha Aliyu, asked the court for a trial date and prayed that the suspect be remanded in prison custody.The defence counsel, however, pleaded with the court to grant his client bail.Consequently, Justice Nwaka ordered the suspect to be remanded in Ikoyi Prisons.The case was adjourned to November 15, 2017 for consideration of bail application.

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