COURT JAILS FAKE AMERICAN, TWO OTGERS IN KADUNA. (PHOTOS). #PRESS RELEASE.

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 Court Jails Fake American, Two others in Kaduna   Justice A.A Isiaka of the Kaduna State High Court, sitting in Kaduna has convicted and sentenced a fake American,  Stephen Thomas to five years imprisonment.  He was jailed after pleading guilty to one-count charge bordering on impersonation by the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC.   His charge reads: “That you, Stephen Thomas (a.k.a Rolanda Collins), male, sometimes in February,  2024 at Narayi Kaduna within the jurisdiction of this Honourable Court fraudulently impersonated one Rolando Collins (an American citizen) on Facebook and in such assumed character, cheated one Kate Stewarton (an American citizen) the sum of $100(One Hundred USD) and you thereby committed an offence contrary to Section 308 and punishable under Section 309 of the Kaduna State Penal Code Law 2017.”   He pleaded “guilty” to the charge when it was read to him which prompted the prosecution counsel, M. J. Arugungu urged th
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IMF JOINS WORLD BANK IN SUPPORTING UKRAINE,APPROVES $1.4BN EMERGENCY FINANCING. (PHOTO).

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IMF Joins World Bank In Supporting Ukraine, Approves $1.4bn Emergency Financing

The International Monetary Fund (IMF) says its executive board has approved $1.4 billion in emergency financing to support Ukraine amid the ongoing war with Russia.

The Washington-based institution, in a statement, said the executive board gave its approval on Wednesday night.

According to IMF, the support comes from its rapid financing instrument (RFI).

The RFI provides rapid financial assistance available to all IMF member countries facing an urgent balance of payments need.

Kristalina Georgieva, IMF managing director, said the Russian military invasion of Ukraine has been responsible for a massive humanitarian and economic crisis.

She said the “tragic loss of life, huge refugee flows, and immense destruction of infrastructure and productive capacity is causing severe human suffering and will lead to a deep recession this year.”

“Financing needs are large, urgent, and could rise significantly as the war continues.”

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