PRINCE REMEMBERED 10 YEARS AFTER DEATH . (PHOTO).

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Prince remembered 10 years after death as Paisley Park marks anniversary of music icon’s passing It has been 10 years since the death of music icon Prince, who was found unresponsive at his Paisley Park estate in Minnesota at the age of 57. Born Prince Rogers Nelson, the Grammy-winning artist rose to global fame with landmark hits including “When Doves Cry,” “1999” and “Purple Rain,” becoming one of the most influential performers of his generation. He was discovered on April 21, 2016, at his home and studio in Chanhassen, Minnesota, where emergency responders were unable to revive him. A later autopsy determined he died from a fentanyl overdose. News of his death prompted worldwide mourning, with tributes pouring in from fans, fellow musicians, and public figures, including then-President Barack Obama. Obama described Prince as a rare talent whose influence reshaped popular music and whose artistry defied convention, praising his creativity and cultural impact. Over his career, Prince...
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COURT GRANTS EFCC ORDER TO FREEZE 1146 SUSPICIOUS ACCOUNTS. (PHOTO). #PRESS RELEASE.

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 Court Grants EFCC Order to Freeze 1146 Suspicious Accounts

 

Justice Emeka Nwite of the Federal High Court Abuja, on Wednesday 24, April, 2024 granted the Economic and Financial Crimes Commission, EFCC, an interim order to freeze One Thousand, One Hundred and Forty Six(1,146) bank accounts belonging to individuals and companies being investigated for alleged offences bordering on unauthorized dealing in forex exchange, money laundering and terrorism financing.

 

The judge ordered that the accounts be frozen “pending conclusion of investigation."

 

While ruling on a motion moved by the EFCC counsel, Ekele Iheanacho, the judge stated “that an order of this honorable court is hereby made freezing the bank accounts stated in the schedule below which accounts are owned by various individuals who are currently being investigated in a case involving the offences of unauthorized dealing in foreign exchange, money laundering and terrorism financing to the extent that the investigation will be for a period of 90 (ninety) days.”

 

The judge added "that preliminary investigation conducted thus far reveals that the bank accounts are linked to persons who take advantage of the virtual cryptocurrency exchange platforms to illegally manipulate the value of naira and laundering proceeds of unlawful activities." 


The judge further stated that there was need to preserve the funds in the identified bank accounts pending conclusion of investigation and possible prosecution.

Justice Nwite adjourned the matter to July 23, 2024, for mention.


Companies affected by the freezing order range from entities involved in  agri-businesses, logistics and haulage, microfinance banks, engineering,  among others.

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