NEDRA TALLEY ROSS, LAST SURVIVING MEMBER OF THE RONETTES, DIES AT 80.(PHOTO).

Image
Nedra Talley Ross, last surviving member of The Ronettes, dies at 80 Nedra Talley Ross, the last surviving member of the iconic 1960s girl group The Ronettes, has died at the age of 80. Her daughter, Nedra K. Ross, said the Rock and Roll Hall of Fame inductee died Sunday morning at her home, surrounded by family. In a social media post, she wrote that her mother “went home to be with the Lord” at about 8:30 a.m., noting she was “safe in her own bed at home with her family close, knowing she was loved.” Ross performed alongside her cousins Estelle Bennett and Ronnie Spector in The Ronettes, which rose to fame in the early 1960s after signing with producer Phil Spector. The group became known for defining hits such as “Be My Baby” and “Baby I Love You,” helping shape the sound and style of the era’s girl-group pop. The Ronettes achieved international success, including popularity in the United Kingdom, and famously opened for The Beatles during their final U.S. tour in 1966. Decades late...

HOW MULTI-CHOICE NIGERIA WAS DEFRAUDED OF N7. 9B.(PHOTO).


How Multichoice Nigeria was defrauded of N7.9 billion


Multichoice Nigeria Limited, a company offering satellite television services across Africa, fell victim to a fraudulent foreign currency exchange transaction, resulting in a loss of N7.9 billion.


The failed foreign currency exchange deal implicated Akintunde Giwa, who works as a currency exchange broker; JNFX Limited, a company specializing in currency exchange services; Ashay Mervyn, a representative of JNFX; and Frontier Financial Technologies Limited.


Mr. Giwa is a currency exchange broker who helps individuals exchange Nigerian Naira for US dollars, earning a commission for his services. According to court documents, Mr. Mervyn is a director at Frontier Financial Technologies Limited, a Nigerian company.


The matter came before Stuart Isaacs, serving in the capacity of Deputy Judge at the High Court in the Business and Property Courts of England and Wales. The ruling was transmitted digitally to the legal representatives of the parties and subsequently filed at the National Archives on 2 April.


According to court records, Multichoice Nigeria Limited transferred N7.9 billion to Mr. Giwa, a currency exchange broker. Mr. Giwa then passed the funds to JNFX Limited, a currency exchange firm, as part of the MultiChoice contracts. The records reveal that the Naira payments were first deposited into accounts held by Mr. Giwa’s companies, before being transferred to accounts specified by JNFX via Mr. Mervyn in exchange for dollars. These dollars were then supposed to be deposited into an account at Standard Chartered Bank in London under the name of MultiChoice Africa, a separate entity within the MultiChoice group of companies.


Nevertheless, the company did not receive any payments in dollars, totaling $16.2 million, as disclosed by Mr. Giwa.


Credit: Premium Times

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.