OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).

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 Over 25 million phones stolen in one year – FG The Crime Experience and Security Perception Survey report of the National Bureau of Statistics, a Federal Government agency, shows that Nigeria recorded 25.35 million phone theft cases between May 2023 and April 2024. According to the report, this was the most common type of crime within the period under review. The report read, “The number of crimes experienced by individuals in Nigeria was analysed over a period of time. The results show that theft of phones (25,354,417) was the most common crime experienced by individuals, followed by consumer fraud (12,107,210) and assault (8,453,258). However, hijacking of cars (333,349) was the least crime experienced by individuals within the reference period.” It also noted that most phone theft cases occurred either at home or in a public place, and about 90 per cent of such cases were reported to the police. Despite the high rate of the incident being reported, only about 11.7 per cent of t...
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N3 1BN FRAUD: COURT ADJOURNS EX-GOV. SUSWAM'S TRIAL TO MAY 24.(PHOTO).#PRESS RELEASE.

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N3.1bn Fraud: Court Adjourns Ex- gov. Suswam’s Trial to May 24

Justice A.R Mohammed of the Federal High Court Abuja, has adjourned the trial of a former Benue State Governor, Gabriel Suswam and the Commissioner of Finance in his administration, Omadachi Okolobia, till May 24, 2023 for continuation of trial.  

The defendants are facing trial on an amended 11-count charge bordering on money laundering to the tune of N3.1 billion.

At a resumed hearing today, prosecution counsel O.A Atolagbi who held the brief of Rotimi Jacobs, SAN, informed the court that the matter was slated for continuation of trial and cross-examination of the 5th prosecution witness, PW5.

J. B. Daudu, SAN and Paul Erokoro, SAN appeared for the 1st and 2nd defendants.

In cross-examining the witness, Mrs. Mshelia Clara-Whyte, an investment banker working with Investment Partners, Daudu SAN, asked her whether the company she worked for was registered with the Central Bank of Nigeria, CBN? She answered, no, but told the court that it was registered with the Securities and Exchange Commission.

On his part, Erokoro asked the witness whether her firm normally reports suspicious transactions to relevant agencies.

“We are bound by rules of the financial market to report any transaction whether suspicious or not that is above five million naira to NFIU and SEC, and we send the report every Friday.

 “But on this particular transaction, we did not report it as suspicious but rather, as an activity,” she stated.

Justice Mohammed adjourned the trial till tomorrow, May 24, 2023 for continuation of trial.

The Economic and Financial Crimes Commission is accusing the duo of allegedly diverting the money which was said to be part of the proceeds of the sale of shares of Benue State in a company to their personal use.



 

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