OTTI SLAMS JULIUS ABURE OVER CONTINUED SALE OF LABOUR PARTY NOMINATION FORMS. (PHOTO).

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 Otti Slams Julius Abure Over Continued Sale of Labour Party Nomination Forms Abia State Governor, Dr. Alex Otti, has strongly criticised the former National Chairman of the Labour Party (LP), Julius Abure, for proceeding with the sale of governorship nomination forms despite opposition from the Independent National Electoral Commission (INEC) and subsisting court rulings. The criticism follows a viral photograph showing Abure presenting a Labour Party nomination form to a former National Vice Chairman of the party, Ceekay Igara, in the company of other party members. Reacting through his Chief Press Secretary, Mr. Ukoha Ukoha, Governor Otti questioned Abure’s continued claim to leadership of the party.  Ukoha insisted that both judicial pronouncements and INEC’s position have effectively sidelined Abure, describing his actions as being in contempt of court. “I think Abure is in a better position to explain the grounds on which he is still parading himself after a Federal High...
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EFCC DOCKS FAKE BANK MD FOR N100 MILLION SCAM.{PHOTO}.#PRESS RELEASE.

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      The Economic and Financial Crimes Commission, EFCC, Port- Harcourt’s Zonal office, on June 4, 2020, arraigned a spurious managing director of a micro finance bank, Belema Abibo and Cosmopolitan micro finance Bank limited, before Justice M. L Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State, on two count-charges bordering on obtaining money by false pretences to the tune of N100 million.
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The suspects were arrested when a case of obtaining by false pretences (OBT) and fraudulent diversion of funds was raised against them by a petitioner.
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According to the petitioner, sometimes in 2016, some representatives of Cosmopolitan micro finance bank approached and persuaded him to deposit funds in the bank as a fixed deposit, with a promise of monthly interest of two per cent (2%), after a tenor of 360 days.
The petitioner alleged that he deposited and fixed the sum of One Hundred Million Naira (N100,000,000.00) in the bank, and upon maturity, the bank refused to refund neither the capital nor the accrued interest, to him, adding that the bank representatives suddenly became elusive.
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