TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...

EFCC ARRESTS ONE FOR N57.5MILLION FRAUD IN JOS.(PHOTO).#PRESS RELEASE


EFCC Arrests one for N57.5million Fraud in Jos

Operatives of the Gombe Zonal Command of the Economic and Financial Crimes Commission, EFCC, have  arrested one Ibrahim Abubakar, managing director of Shariff Agric and General Service in Jos, Plateau State, for stealing  N57,550,000.00 (Fifty Seven Million, Five Hundred and Fifty Thousand Naira) only. 

He was arrested on Friday, October 6, 2023 for allegedly converting N57.5million erroneously paid into his company: Shariff Agric and General Services’ account, for his own use.  
 
Baker Drilling Service allegedly transferred the sum of N57,550,000.00 into the account of Shariff Agric and General Services, instead of Bluemoe Trade & Service. Both accounts are domiciled in the United Bank for Africa  respectively.

After the bank alerted Abubakar of the wrong posting into his company’s account,   he allegedly transferred the sum of Five Million (N5,000,000.00) each to his personal account in UBA and Keystone banks respectively. Subsequent attempts made to withdraw the remaining amount led to his arrest.

He will be charged to court as soon as investigations are concluded.



 

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