OBI ATTRIBUTES STAMPEDE TRAGEDIES IN OYO, FCT, AND ANAMBRA TO HUNGER AND SYSTEMIC ISSUES. (PHOTO).

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 Peter Obi has blamed hunger and systemic failures for the recent spate of stampedes across the country.  Scores of persons were dead, and many others wounded in the tragic incidents in Ibadan, Oyo State; Okija in Anambra and another one in the nation’s capital of Abuja. The stampedes happened in a space of five days with the last two occurring on Saturday morning during food distribution campaigns. Obi, who was the Labour Party (LP)’s presidential candidate in the 2023 election, said the incidents underline the rising hunger in the country which has led to desperation. “I am deeply saddened and distressed by the tragic loss of lives in desperate searches for food,” Obi, who is a former governor of Anambra State, wrote in a post on his X account Saturday afternoon. “While I will not cast blame but instead appreciate the organizers of these respective events for their kind gestures in providing palliatives and support to society, especially the poor, these tragedies reflect the...
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ALLEGED N1. 4BN FRAUD: COURT ADJOURNS PROFESSOR UCHE EDWIN'S TRIAL TILL MAY 20.(PHOTO).#PRESS RELEASE.

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 Alleged N1.4bn Fraud: Court Adjourns Professor Uche Edwin’s Trial till May 20


Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos has adjourned the trial  of Prof. Uche Chigozie Edwin,  a defendant that allegedly defrauded maize farmers the sum of  N1.4billion,   till May 20, 2024, just as the Economic and Financial Crimes Commission, EFCC opened its case presenting its first witness. 

 

The EFCC had on Thursday, February 15, 2024 re-arraigned Edwin, alongside his companies, Visionary Integrated Consulting Limited, NEMAD Associates Limited and Revamp Global Enterprise,  on 11-count charges bordering on conspiracy, retention and conversion of funds to the tune of N1,473,367,046.04 (One Billion, Four Hundred and Seventy-three Million, Three Hundred and Sixty-Seven Thousand, Forty-six Naira, Four Kobo).

 

One of the counts reads: “That you, Professor Uche Chigozie Edwin , Visionary Integrated Consulting Limited, Nemad Associates Limited and Revamp Global Enterprise, sometime in 2021, in Lagos, within the jurisdiction of this Court conspired amongst yourselves to use the sum of N1, 473,367,046.04 (One Billion, Four Hundred and Seventy Three Million, Three Hundred and Sixty Seven Thousand, forty six Naira, Four Kobo), property of the Maize Growers, Processors, and Marketers Association of Nigeria (MAGPAMAN), which sum you

 reasonably ought to have known forms part of the proceeds of your unlawful activity to wit: fraud and you thereby committed an offence contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.”


He pleaded "not guilty" to the counts.

At the resumed sitting on March 13, 2024, prosecuting counsel, C.C. Okezie called the first prosecution witness (PW1), Mary Kugbe, a compliance officer with United Bank for Africa, UBA. 


In her evidence, Kugbe told the court that although she did not know the defendant personally, she was aware that he maintains an account with the bank through his company, Visionary Integrated Consulting Limited (2nd defendant).


“Sometime in 2021, we received a request from the EFCC, requesting for the statement of account and account opening packages of the 2nd defendant”, she said.


“We obliged them and forwarded all the documents. The document forms part of the records of the bank and also came from the bank."  She further identified the said documents in open court.


Okezie, thereafter, applied to tender the letter dated September 27, 2021, along with its attachment. The documents were admitted by the court and marked as exhibits. 


Justice Dipeolu  adjourned  the matter till May 20 and 21, 2024, for continuation of trial.

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