PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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EFCC ARRAIGNS BUSINESSMAN,COMPANY FOR ALLEGED N7M FRAUD. (PHOTO).#PRESS RELEASE.

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EFCC Arraigns Businessman, Company for Alleged N7m Fraud

The Economic and Financial Crimes Commission on Tuesday, June 13, 2023, arraigned one Taiwo Oladipo Amos and his company, Olatamos Technologies Ltd, before Justice Efe Ikponmwonba of the Edo State High Court sitting in Benin City, Edo State on one court charge bordering on stealing.

Amos is alleged to have through his company defrauded Teamicabenation Ltd of the sum of N7,264.000 which was meant for the purchase of bitcoin.

The defendant pleaded not guilty to the charge.

Consequently, the prosecution counsel, Ibrahim Audu asked for the remand of the defendant and a date for trial to commence.

However, the defence counsel, E .Adeghebanu informed the court that he has filed an application for bail and prayed the court to grant his client bail as the alleged offence was bailabĺe.

Justice Ikponmwonba granted the defendant bail in the sum of One Million Naira with one surety in like sum. The surety must be gainfully employed and resident within the jurisdiction of the Court.

The case was adjourned till July 18, 2023 for hearing.


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