PRES. TRUMP AWARDED INAUGURAL FIFA PEACE PRIZE AT WORLD CUP DRAW IN WASHINGTON . (PHOTOS).

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 President Trump awarded inaugural FIFA Peace Prize at World Cup draw in Washington  Gianni Infantino, the FIFA President presented the honour onstage at the Kennedy Center for the Performing Arts on Friday, saying Trump had been selected “in recognition of his exceptional and extraordinary actions to promote peace and unity around the world”. “This is your prize, this is your peace prize,” Infantino said, after Trump took the stage to accept the trophy, a medal and certificate. “There is also a beautiful medal for you that you can wear everywhere you want to go.”   FIFA says the prize is for “individuals who help unite people in peace through unwavering commitment and special actions”.  Accepting the award, Trump called it “one of the great honours of my life”, before claiming to have “saved millions and millions of lives – the Congo is an example, over 10 million people killed and it was heading for another 10 million very quickly. India and Pakistan, so many diffe...
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MAN BAGS JAIL TERM FOR CURRENCY RACKETEERING IN LAGOS. (PHOTO). #PRESS RELEASE.

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 Man Bags Jail Term for Currency Racketeering in Lagos 

 

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC on Tuesday, March 12, 2024 secured the conviction and sentencing of one Fabian John Itafor before Justice Kehinde Ogundare of the Federal High Court sitting in Ikoyi, Lagos for an offence bordering on currency racketeering. 


He was arraigned on a one- count charge.

The count reads: “That you, Fabian John Itafor on or about the 24th day of February. 2024 at Leisure Event Center, Wale Olateju Street, Victoria Island, in Lages within the jurisdiction of this Honourable Court hawked the sum of N347,000.00 (Three Hundred and Forty-seven Naira) issued by the Central Bank of Nigeria and thereby committed an offence contrary to and punishable under Section 21(4)l of the Central Bank of Nigeria Act, 2007."


He pleaded “guilty” to the charge when it was read to him.


Following his guilty plea,   prosecuting counsel, A.S. Wara  called on Jude Owolabi, an operative of the EFCC, to review the facts of the case.


Owolabi told the court that the defendant was arrested on February 24, 2024 , hawking naira notes at Leisure Event Center, Wale Olateju Street, Victoria Island, Lagos.


 "His arrest followed credible intelligence received by the Commission," he said. According to him, ATM cards, a POS machine, N347,000, $1 and 5 euros were recovered from him at the point of arrest.


“In his statement, he confessed that he was into money racketeering and hawking of Naira notes," he said. Defence counsel, Kolapo Gbadamosi, prayed the court to temper justice with mercy by granting him a non-custodial sentence or an option of fine.

Justice Ogundare convicted and sentenced him to three months community service with an option of fine of N50,000 (Fifty Thousand Naira Only).


The Judge also ordered that the POS machine, N347,000, $1 and 5euro recovered from him at the point of arrest  be forfeited to the Federal Government of Nigeria.

 

Itafor bagged his imprisonment by flouting extant laws against Naira mutilation.  


Specifically,  he was arrested for hawking new Naira notes for commercial purposes.  


He was later prosecuted and convicted.

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