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...
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OBINWANNE OKEKE 'INVICTUS' PLEADED GUILTY TO $11 MILLION FRAUD.{PHOTO}.

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   Obinwanne Okeke, the owner of Invictus Group, who was arrested in the United States last year for computer-based fraud, has pleaded guilty to $11 million (N4.2 billion) fraud.

The 32-year-old Nigerian businessman admitted to American prosecutors that he was involved in computer-based fraud between 2015 and 2019.
Joshua Stueve, a spokesperson for the United States District Court for Eastern District of Virginia, told Premium Times on Thursday evening that Mr Okeke could spend 20 years maximum penalty in an American jail.
He would be sentenced on October 22, Mr Stueve said.
"A federal district court judge will determine any sentence after taking into account the U.S. sentencing guidelines and other statutory factors,” the court official said.
The publication adds that Robert Krask, an American judge of the district, certified the guilty plea on Thursday morning to clear the paths for Mr Okeke’s sentencing.
Mr Okeke and other alleged conspirators said to still be at large were accused of targeting American businesses in a probe led by the Federal Bureau of Investigation.
Unatrac, a subsidiary of heavy equipment giant Caterpillar, was amongst the companies said to have been targeted by the cartel in a business email compromise scheme for several years. Over $11 million was said to have been traced to the ring, amidst claims that Mr Okeke allegedly used proceeds of his illicit dealings to build a business empire in Abuja and other parts of Nigeria.
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