MAN BAGS EIGHT YEARS IMPRISONMENT FOR N132M MONEY LAUNDERING IN LAGOS . (PHOTO). #PRESS RELEASE

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 Man Bags  Eight Years Imprisonment for N132m Money Laundering in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of Onatayo Pelumi for money laundering involving funds totalling about ₦132 million. Pelumi was convicted by Justice Osiagor of the Federal High Court, Lagos, on five counts bordering on the retention of proceeds of unlawful activities in bank accounts domiciled with Guaranty Trust Bank (GTBank) and Zenith Bank. The charges alleged that the convict retained various sums of money in the accounts between January 2023 and June 2026, knowing that the funds formed part of the proceeds of unlawful activities. The court sentenced him to three years’ imprisonment, with an option of a ₦300,000 fine, on count One. On counts two, three, four and five, he was sentenced to five years’ imprisonment on each count, with an option of a ₦300,000 fine on each count. The terms of imprisonment are to run concur...

PROTESTS ERUPT AT DISBANDED KANO EMIRATE. (PHOTO).


 Protests erupt at disbanded Kano emirate

Protesters are currently on the streets of Gaya, one of the five emirates affected by the repealed Kano Emirates Council Law.

The New Nigeria People’s Party, NNPP, controlled House of Assembly had repealed the law which ex-Governor Abdullahi Ganduje used to dethrone Alhaji Muhammadu Sanusi II in 2020.

Assenting to the law on Thursday, Governor Abba Yusuf announced the dissolution of the four extra emirates created by Ganduje.

The emirates are Rano, Gaya, Karaye and Bichi.

The governor also ordered all the monarchs, including Alhaji Aliyu Ibrahim Abdulkadir, Emir of Gaya, to hand over to Comrade Abdulsalam Gwarzo, Deputy Governor, who oversees the Ministry of Local Government and Chieftaincy Affair.

It was gathered that the dethroned Emir vacated the palace at midnight on Thursday.

There was no sign of any form of violence or resistance in the town as there was the presence of armed security personnel.

According to Daily Trust, a resident, Abubakar Shuaibu, had said some people were not happy with the development.

But on Sunday morning, residents trooped to the streets to reject the dissolution of the emirate.

Wielding placards and chanting anti-government songs, the protesters alleged injustice, saying the dissolution of the emirate has political undertones.

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