EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

-
Image
 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
Post a Comment

BUSINESSMAN BAGS 10 YEARS FOR N1.1M FRAUD.{PHOTO}.#PRESS RELEASE.

-
Image may contain: 1 person, standing
     The Maiduguri Zonal Office of the Economic and Financial Crimes Commission, EFCC on Thursday, May 9, 2019 secured the conviction of one Suberu Ishaq Okatai.
Okatai was convicted by Justice Umaru Fadawu of the Borno State High Court, sitting in Maiduguri for the offences of conspiracy and obtaining money by false pretense.
His journey to jail started when the Commission received a petition against him on May 14, 2018, alleging that he collected the sum of N1,190,000.00 (One Million One Hundred and Ninety Thousand Naira).
The said sum was received under the pretence that, it was to be used for the supply of power indicator, which the accused and others now at large knew that the said business never existed.
He pleaded “not guilty” to the two-count charge when he was arraigned on March 18, 2019.
Counsel for the prosecution, Khalid Sanusi, presented three witnesses and tendered three exhibits during the trial.
In the allocutus, the convict pleaded for leniency and prayed the court to temper justice with mercy.
Justice Fadawu in his judgment ruled that: “I hereby sentence you to 10 years in prison for the offence of conspiracy contrary to and punishable under sections 8(a) & 1(3) of the Advance Fee Fraud and other Fraud related offences Act 2006.
“I hereby sentence you to 10 years in prison for the offence of obtaining by false pretence contrary to and punishable under sections 1(1) (b) & 1(3) of the Advance Fee Fraud and other Fraud related offences Act 2006.”
The Judge further directed the convict to compensate the nominal complainant the sum of (N1.1 Million) One Million One Hundred and Ninety Thousand Naira, in default of which, the convict should spend three years in prison.
Justice Fadawu, further held that: “The outstanding balance in the account of the convict in the sum of N39,480.44 be forfeited to the Federal Government of Nigeria and the account be closed.”
Image may contain: 1 person, standing

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

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

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