GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...
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INTERNET FRAUDSTER BAGS SIX MONTHS IN PORT HARCOURT.{PHOTO}.

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        Justice A. T. Mohammed of the Federal High Court sitting in Port Harcourt, Rivers State has convicted and sentenced Paul Otanor to six months imprisonment for defrauding a foreigner of the sum of $600 (Six Hundred United States Dollars).
Otanor was arraigned by the Economic and Financial Crimes Commission, EFCC, Port Harcourt's Zonal Office on a one-count charge bordering on impersonation contrary to Section 22 (3) (a) of the Cyber Crimes (Prohibition Prevention, etc) Act, 2015 and punishable under Section 22 (4) of the same Act.
Otanor's journey to prison started when operatives of the EFCC arrested him sometimes in May 2019 in Warri, Delta State for internet-related offences. Documents containing false pretences were found on him.
He confessed to the crime through his written statements that he was operating different gmail accounts and identities to defraud his unsuspecting victims. Some of the gmail accounts are: paulnewlife217@gmail.com, otanor70@gmail.com and kentymark455@gmail.com. He was thereafter, charged with internet fraud.
The charge reads: "That you, Paul Otanor (a.k.a. Kent Mark) sometimes in May 2019, in Port Harcourt, Rivers State within the jurisdiction of this Honorable Court fraudulently impersonated one Kent Mark with intent to gain advantage for yourself and thereby committed an offence contrary to Section 22 (3) (a) of the Cyber Crimes (Prohibition Prevention, etc) Act, 2015 and punishable under Section 22 (4) of the same Act”.The defendant pleaded guilty to the charge.
Both the counsel for the EFCC, S. Chime and defence counsel, Edo Anabel agreed on the convict’s plea of guilty.
Justice Mohammed thereafter, convicted and sentenced him to six months imprisonment with an option of fine of N100,000 (One Hundred Thousand Naira). The trial judge also ordered that the sum of $600 fraudulently obtained from Brenda Pearson, a foreigner, be returned to her.
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