LAGOS HOTEL, 3 OTHER PROPERTIES FORFEITED BY DRUG KINGPINS AUCTIONED AT N6.1BILLION.(PHOTOS). #PRESS RELEASE.

-
Image
 Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1billion *- It’s a clear message that cartels won’t be allowed to enjoy proceeds of their criminal trade, says Marwa*  A Lagos hotel and three other properties seized from drug kingpins by the National Drug Law Enforcement Agency (NDLEA) and forfeited to the Federal Government through court processes have been auctioned for the sum of Six Billion One Hundred and Forty- Eight Million Nine Hundred and Sixty-Four Thousand Naira (N6,148,964,000.00) only. This was the outcome of a competitive bid process for the sale of eight assets forfeited by drug barons in parts of the country. While bidders who offered above reserved prices emerged winners of four of the listed properties, bids for four others failed because none offered up to the reserved prices. Announcing the winning bids at the bid opening ceremony attended by representatives of ICPC, Civil Society Organisations, auctioneers and bidders at the NDLE...
Post a Comment

EFCC ARRAIGNS CASHFLOW ILLEGAL BANK OPERATOR FOR FRAUD TODAY.{PHOTOS}.

-
Image may contain: 3 people, people standing
       The Economic and Financial Crimes Commission, EFCC, on June 13, 2018 arraigned a director of Cashflow ABI Network Limited, Philemon Ibrahim Gora, before Justice Ijeoma Ojukwu of the Federal High Court, Maitama, on a two-count charge for illegally operating a financial institution.
Gora is accused to have between 2012 and 2017 used the company to defraud unsuspecting customers. He was arraigned along with the company, and they are accused of violating Section 2 (1) of the Banks and Other Financial Institutions Act, and Section 49 (1) of the same Act.
Count two of the charges reads: “That you Dr. Philemon Ibrahim Gora, being a Director of Cashflow ABI Network Limited between 2012 and 2017 in Abuja within the jurisdiction of this Honorable Court knowingly consented to the carrying on of banking business without a valid license issued to the company and thereby committed an offence contrary to section 49(1) of the Banks and Other Financial Institutions Act Cap B3 Laws of the Federation of Nigeria 2004 and punishable under section 2(2) of the same Act”.
The defendants pleaded “not guilty” to the counts.
In view of the plea, prosecuting counsel, G.K. Latona, urged the court to fix a date for trial and to remand the suspect in prison custody.
Counsel to the defendant, Alex Marama, however, notified the Court that he received the charges “yesterday” and so was unable to file bail applications.
“We therefore seek to make an oral application for bail of our client,” he said, arguing that the defendant had been on EFCC’s administrative bail, “and did not violate any conditions preferred against him”.
Latona, opposed the application for bail, urging the court to take into cognizance the nature of the offence committed.
After listening to the arguments, Justice Ojukwu, granted the defendants bail in the sum of N10 million each, with two sureties in like sum, who must be a federal civil servants not lower than grade level 16 and must own a landed proper. The trial judge also ordered him to surrender his international passport to the court. He is to also pay N5 million as bond, and will be in Kuje Prison pending when he fulfills the conditions.The case has been adjourned to October 2 and 3, 2018.One more photo below.
Image may contain: 1 person, sitting and indoor

Comments

Post a Comment

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more