OSHIOMHOLE CONVINCED US TO MAKE OBASEKI GOVERNOR- PHILP SHAIBU. (PHOTO).

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  Oshiomhole Convinced Us To Make Obaseki Governor – Philip Shaibu Philip Shaibu, the former Deputy Governor of Edo State, has disclosed that his choice to support his former boss, Godwin Obaseki, stemmed from his respect for Adams Oshiomhole, the former National Chairman of the All Progressives Congress (APC). According to Naija News, Shaibu shared his doubts about Obaseki during an interview on Channels Television’s Political Paradigm program on Tuesday. Shaibu admitted that he lacked confidence in Obaseki's leadership even before they took office on November 12, 2016. He explained that despite his initial hesitations, he ultimately backed Obaseki out of respect and based on the assurances provided by Oshiomhole. He stated, “Obaseki is not a politician. We made him governor because Oshiomhole persuaded us. I was not among those who thought he should not be governor; it was because I didn’t have faith in him. “When he was nominated to run, I was the last person to oppose him, but ...
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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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