WORLD’S YOUNGEST REIGNING MONARCH , KING OYO, DIES AT 34.(PHOTO).

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 World’s Youngest Reigning Monarch , King Oyo, Dies at 34 King Oyo Nyimba Kabamba Iguru Rukidi IV, the traditional ruler of Uganda’s Tooro Kingdom who became the world’s youngest reigning monarch after ascending the throne at three, has died at the age of 34. The monarch reportedly died on Thursday, with the Prime Minister of the Tooro Kingdom, Calvin Armstrong Rwomiire Akiiki, announcing his death on Friday. The cause of death was not immediately disclosed. However, Ugandan media reports quoted a government minister as saying that King Oyo had been critically ill and was receiving medical treatment in the United States. Reacting to the development, Akiiki described the monarch’s death as a major loss to the royal family and the people of Tooro. He urged members of the kingdom to remain united and calm while mourning the traditional ruler. King Oyo ascended the Tooro throne in 1995 following the death of his father, King Patrick Matthew Kaboyo Rukidi III. He was only three years ol...
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EFCC ARRAIGNS MAN, FIRM FOR ALLEGED $60,334.59 THEFT IN LAGOS.(PHOTO).#PRESS RELEASE

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 EFCC Arraigns Man, Firm for Alleged $60, 334. 59 Theft in Lagos


The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, November 14, 2023, arraigned one Oladipo Jimoh alongside his firm, Barma Energy Resources Limited, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos on two-count charges bordering on stealing to the tune of $60, 334.59 (Sixty Thousand, Three Hundred and Thirty Four Dollars, Fifty Nine Cents).

Count one reads: "Oladipo Bankole Jimoh and Barma Energy Resources Limited, sometime between 11th October, 2022 and July 2023 in Lagos, within the Ikeja Judicial Division, dishonestly converted to your own use the sum of $47,534.59, property of Vale Blue Limited."


Count two reads: "Oladipo Bankole Jimoh and Barma Energy Resources Limited, sometime between 11th October 2022 and July 2023 in Lagos, within the Ikeja Judicial Division, dishonestly converted to your own use the sum of $12,800, property of Vale Blue Limited."


He pleaded "not guilty" to the two- count charges when they were read to him.


Following his plea, prosecution counsel, G.C. Akaogu, prayed the court for a trial date to enable the prosecution to prove its case against the defendants.


"We also pray that the defendant be remanded at a Correctional Centre," he said. However, defence counsel, A.K. Akpabio, informed the court of the bail application filed on behalf of her clients.


"We pray that the defendant be remanded in the EFCC custody until the bail is perfected," she said.


Justice Dada admitted the defendant to bail in the sum of N200 million, with two sureties in like sum.


The sureties must be gainfully employed and each must have N100 million in his/her account or a valued landed property.


Justice Dada held that “the defendant shall be remanded at the Correctional Centre pending the perfection of his bail.”


The judge also ruled that "in view of the fact that there are no Correctional officers in court today, due to security reasons, the defendant shall temporarily be remanded in the EFCC custody."


The case was adjourned till February 12, 2024 for commencement of trial.


Visit www.efcc.gov.ng for more stories

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