LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

Image
 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...

OSUN CIVIL SERVANTS DOCKED FOR ALLEGED N83.5M FRAUD.{PHOTO}.

 

The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Office on Wednesday, October 7, 2020 arraigned the trio of Adegoke Johnson Adebayo, Ayodele Elijah Olubunmi Sunday and Adelowo Waheed Adewole, before Justice Ladiran Akintola of the Oyo State High Court, Ibadan for N83,500, 000 (Eighty Three Million, Five Hundred Thousand) loan fraud.
The suspects, who are staff of Osun State Environmental Protection Commission, and president, secretary and treasurer of the Commission’s staff cooperative society, respectively, allegedly diverted the sum, obtained as loan for the cooperative members.
The EFCC preferred a 10-count charge, bordering on conspiracy, abuse of office, stealing, forgery, altering, and obtaining money under false pretence against them.
One of the charge read: That you, Adegoke Johnson Adebayo (President), Ayodele Elijah Olubunmi Sunday(Secretary) and Adelowo Waheed Adewole (Treasurer) and Gbenga Joseph Zacheus (at large) sometime in the year 2014, at Yemetu, Ibadan, within the Ibadan Judicial Division of this honourable court, obtained the sum of N83,500,000.00 (Eighty Three Million and Five Hundred Thousand Naira) only from First Bank of Nigeria Limited by falsely pretending that it is a loan, strictly for members and staff of the Osun State Environmental Protection Commission (Osogbo) Staff Co-operative Investment and Credit Society Limited which representations you knew to be false and you thereby committed an offence.”
They pleaded not guilty to the charges, upon which prosecution counsel, Dr. Ben Ubi, applied for a trial date and an order for the defendants to be remanded in a correctional facility, while defence counsel, A. T. Adeleye, informed the court of a joint bail application of her clients which she said, has been served on the prosecution.
The judge adjourned the case till October 14, 2020 for the hearing of the bail application and ordered that the defendants be remanded in the custody of Nigerian Correctional Service.
Trouble started for the defendants following a First Bank of Nigeria PLC petition to the EFCC, alleging that the threesome, sometime in 2014 approached the bank for a loan facility to the tune of N83,500, 000 (Eighty Three Million, Five Hundred Thousand) on behalf of members of the society, but discovered a foul play as the loan beneficiaries began making the repayment in amounts that fell far below the agreed monthly installment.
In the course of investigations, the EFCC discovered that the defendants cooked up the list of the loan beneficiaries and other documents they presented to the bank for the processing of the loan.
Image may contain: one or more people, people standing, shoes and outdoor

Comments

Popular posts from this blog

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

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).