OBOSI COUNCILLOR DONATES BUS TO STUDENTS, LEADS FIGHT AGAINST CULTISM. (PHOTO). #PRESS RELEASE.

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 Obosi Councillor Donates Bus to Students, Leads Fight Against Cultism By Chiedu Uche Okoye  Hon. Obichukwu Anyafulu (Zik), Councillor for Obosi ward, has donated a bus to students, who attend schools located in Obosi.  The councillor made the disclosure in an interview with the journalist at his Obosi country home, on July 11. Hon. Anyafulu said that the humanitarian deed he performed for the students was borne out of his belief that education is the cornerstone of national development.  "Education is the bedrock of national development. And only educated people who possess knowledge and skills can drive our developmental initiatives. "Based on that, I don't want students in Obosi to stay at home on school days because their parents cannot give them transportation fares," he said.  He further clarified that the bus would serve the additional purpose of conveying people to churches on Sundays, stating that religion is a tool for moulding the personalities of you...
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EFCC ARRESTS MAN FOR ALLEGED N800M FRAUD IN LAGOS.{PHOTO}.#PRESS RELEASE.

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Operatives of the Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested one Adeleke Adeyemi for his involvement in an alleged case of conspiracy, obtaining money by false pretence, diversion of funds, issuance of dud cheques and money laundering to the tune of N800,000.00( Eight Hundred Million Naira).
Adeyemi, together with his accomplice, Odusanya Ayotunde Memphis (now at large), in their capacities as directors at Wafa Aggregate Limited, allegedly approached Eco Bank Plc for a loan facility of N800million for the procurement of petroleum products from Covalent Oil & Gas Services Limited in October, 2011.
Upon receipt of the loan facility, Adeyemi and Memphis allegedly diverted the funds to their personal use and defaulted in paying back the loan.
Investigation revealed that the five Diamond Bank Plc cheques of N10million each issued by the suspect and his accomplice were returned unpaid upon presentation.
The suspect will soon be charged to court.
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