MEANINGFUL INVESTMENT IN EDUCATION REMAINS ESSENTIAL FOR SECURING NIGERIA’S FUTURE, AS THE NATION’S YOUTH ARE ITS GREATEST ASSET.- PETER OBI (PHOTO).

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 meaningful investment in education remains essential for securing Nigeria’s future, as the nation’s youth are its greatest asset.- Peter Obi  Peter Obi joined the celebration of 140 years of Catholicism in Eastern Nigeria, participating in a school tour led by Archbishop Valerian Okeke alongside the Papal Nuncio, Archbishop Michael Francis Crotty, and the Irish Ambassador to Nigeria, Peter Ryan. The delegation visited Christ the King College (CKC), Queen of the Rosary College (QRC), St. Charles College, and inspected ongoing development at Shanahan University, all in Onitsha. Archbishop Crotty addressed and blessed the students at each stop, while Archbishop Okeke reflected on the history of mission schools—highlighting their decline after government takeover and their revival after being returned to the Church in Anambra State.  Obi noted that within a year of this restoration, Anambra moved from last place to first in national education rankings, with students achievin...
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ALLEGED N71. 5M FRAUD: COURT ADJOURNS OKORONKWO'S TRAIL TILL OCT 29.(PHOTO).#PRESS RELEASE.

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 Alleged N71.5m Fraud: Court Adjourns Okoronkwo’s Trial till Oct 29


Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting in Independence Layout, Enugu State has adjourned the trial of an alleged notorious ponzi scheme operator, Chinedu Roland Okoronkwo, standing trial for  N71, 580, 000 (Seventy One Million, Five Hundred and Eighty Thousand Naira) fraud till October 29, 2024.


Okoronkwo is being prosecuted alongside his company, Reliance Microfinance Cooperative Society Limited by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on  36- count charges bordering on carrying out banking businesses without a valid licence, forgery and obtaining by false pretence to the tune of N71, 580, 000.


When the matter came up on Thursday, October 10, 2024, counsel to the EFCC, Blessing Obasi presented the Ninth Prosecution Witness, PW9, Abubakar Abubakar Abubakar, an operative of the Commission, who narrated how a petitioner alleged that he was lured into investing N25million in Okoronkwo’s company (Reliance Microfinance Cooperative Society Limited) after he was made to believe that he can take back his principal sum after ninety days. After the said duration, the petitioner demanded for his principal sum and interest but was allegedly denied.


 “Upon receipt of the petition, other petitions with similar complaints started flooding in and investigations commenced. 


Investigation was extended to the defendant’s accounts at Guaranty Trust Bank and United Bank for Africa. Several responses were gotten and in GTB, he had like 10 accounts and they were analyzed accordingly.


“The analysis revealed that the victims invested their money into the second defendant’s  company and the said money was not used for the said investment. He diverted the funds for his personal uses”.


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