WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...
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$1.6M SCAM: COURT DISMISSES LAGOS PASTOR'S NO-CASE SUBMISSION.(PHOTO).#PRESS RELEASE.

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$1.6m Scam: Court Dismisses Lagos Pastor’s No-Case Submission

Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, April 12, 2022, dismissed the no-case submission filed by one Ayodeji Ibrahim Oluokun, a self-acclaimed Lagos-based pastor, who is being prosecuted by the EFCC, for an alleged $1.6million scam.

 Oluokun, whose trial began on May 8, 2019, is being prosecuted alongside his company, Peak Petroleum Industry Nigeria Limited, on charges bordering on issuance of dud cheques, stealing and obtaining by false pretence to the tune of $1.6 million.

Oluokun and Peak Petroleum Industry Nigeria Limited, on or about 26th June, 2014, at Lagos, allegedly issued a Standard Chartered Bank Nigeria Limited Cheque dated 26th June, 2014 for the sum of $1,000,000 (One Million Dollars) only payable to GOSL Nigeria Limited, which when presented for payment was dishonoured on the grounds that no sufficient funds were standing to the credit of the account on which cheque was drawn. 



 

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