GOV. SANWO-OLU INSPECTS VANDALISED BRIDGE POLE ALONG LAGOS-BADAGRY EXPRESSWAY. (PHOTO). #PRESS RELEASE

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 SANWO-OLU INSPECTS VANDALISED BRIDGE POLE ALONG LAGOS-BADAGRY EXPRESSWAY •Governor reassures residents about bridge safety   The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Saturday, carried out an on-the-spot assessment of a vandalised bridge pole at Vin-Niger, along the Lagos-Badagry Expressway in Amuwo-Odofin Local Government Area. He assured Lagos residents that the structural integrity of the bridge had not been compromised, emphasising that the bridge and the work carried out on it remained safe. The Governor, however, disclosed that some fittings used to secure the bridge had been excavated and taken away by vandals. Governor Sanwo-Olu warned that the Lagos State Government would hunt down those responsible for the act, including those involved in buying and selling stolen public infrastructure materials. He also cautioned that the government would not relent in bringing perpetrators to justice, regardless of their status or background. The Governor further des...
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EFCC ARRAIGNS ONE FOR ALLEGED CURRENCY RACKETEERING IN ENUGU. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns One for Alleged Currency Racketeering in Enugu


The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC on Wednesday, May 29, 2024 arraigned one Nwachukwu Ifeanyi, before Justice Mohammed Garba Umar of the Federal High Court sitting in Independence Layout, Enugu State.


Ifeanyi was arraigned on a two-count charge bordering on currency racketeering and operating a bureau de change business without an appropriate licence.


Count two of the charge reads: “That you, Nwachukwu Ifeanyi, sometime in February 2024, at Douglas Road, Owerri, imo State, within the jurisdiction of the Federal High Court of Nigeria, hawked the total sum of Five Hundred Thousand Naira (N500, 000. 00) mints in Five Hundred Naira (500) denominations, issued by the Central Bank of Nigeria and thereby committed an offence contrary to Section 21 (4) of the Central Bank of Nigeria Act, 2007 and punishable under Section 21 (1) of the same Act”.


He pleaded “not guilty” when the charges were read to him. In view of his plea, Christiana Chioma Igwe, counsel to the EFCC prayed the court for a trial date and for the defendant to be remanded at Enugu State Correctional facility.


However, defence counsel, U. E. Ibekwe informed the court about a pending bail application before it. He  attempted to move the said application but was vehemently opposed by Igwe on the grounds that “the prosecution was just served this morning and we need time to respond my Lord. It is not ripe for hearing my Lord"


After listening to both sides,  Justice  Umar adjourned the matter to June 4, 2024 for hearing of bail application while the defendant was remanded at Enugu State Correctional facility.


Ifeanyi was arrested  on February 9, 2024  by members of the Special Task Force of the Commission following credible intelligence linking him to currency racketeering.


Investigations revealed that Ifeanyi  used his shop, located at 98 Douglas Road, Owerri, Imo State to hawk new Naira notes. He was arrested at his shop with Five Hundred Thousand Naira (N500,0. 00) mints in Five Hundred Naira (500) denomination.

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