TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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BANK MANAGER BAGS FIVE YEARS FOR N27M THEFT.{PHOTO}.#PRESS RELEASE.

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Justice Adie A. Onyebueke of the Cross River State High Court, Akamkpa, has sentenced one Augustine Effiong Bassey to five years imprisonment for stealing N27 million, belonging to a microfinance bank, where he was a branch manager.
He was prosecuted by the Enugu Zonal Office of the Economic and Financial Crimes Commission, (EFCC), on a one-count charge of stealing.
The charge read, “That you, Augustine Effiong Bassey (‘m’), sometime between 2010 and 2012 at Uyanga, Cross River State, within the jurisdiction of the High Court of Cross River State, with the intent to defraud, stole the sum of N27,300,000 (Twenty-seven Million, Three Hundred Thousand Naira), being property of Ekondo Microfinance Bank Limited and thereby committed an offence punishable under Section 390 of the Criminal Code law, CAP C16 (VOL 3) of the Laws of Cross River State of Nigeria,2004 and punishable under Section 390(9) of the same Law.”
He pleaded “not guilty” to the charge, thus setting the stage for his trial.
With prosecution counsel, Fortune Amina I. Asemebo proving the case beyond reasonable doubt, Justice Onyebueke convicted and sentenced him to prison, with an option of restituting the sum of N15 million to Ekondo Microfinance Bank.
Bassey’s journey to prison began sometime in July 2016 when he was arrested by the EFCC upon intelligence that he used his position as the branch manager of Ekondo Microfinance Bank, Uyanga, Cross Rivers State to convert the sum of N27.3 million (Twenty Seven Million, Three Hundred Thousand Naira), belonging to bank to his private use.
He did this by personally carting away the sum from the bank's vault and gave to his fronts for execution of non-existent contracts for the bank.
Image may contain: 1 person, text that says "NAME :AUGUSTINE EFFIONG BASSEY OFFENCE STEALING CRNO. CR NO. RN0.-327-2016 -327"

 

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