OVER 25 MILLION PHONES STOLEN IN ONE YEAR- FG. (PHOTO).

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 Over 25 million phones stolen in one year – FG The Crime Experience and Security Perception Survey report of the National Bureau of Statistics, a Federal Government agency, shows that Nigeria recorded 25.35 million phone theft cases between May 2023 and April 2024. According to the report, this was the most common type of crime within the period under review. The report read, “The number of crimes experienced by individuals in Nigeria was analysed over a period of time. The results show that theft of phones (25,354,417) was the most common crime experienced by individuals, followed by consumer fraud (12,107,210) and assault (8,453,258). However, hijacking of cars (333,349) was the least crime experienced by individuals within the reference period.” It also noted that most phone theft cases occurred either at home or in a public place, and about 90 per cent of such cases were reported to the police. Despite the high rate of the incident being reported, only about 11.7 per cent of t...
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FG DROPS ALL CHARGES AGAINST BINANCE EXECUTIVE GAMBARYAN.(PHOTO).

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 FG Drops All Charges Against Binance Executive Gambaryan


The Federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds.


Gambaryan has been facing money laundering trial from detention since April.


A Counsel for the Economic and Financial Crimes Commission (EFCC), announced the withdrawal of the charges at the Federal High Court Abuja, before Justice Emeka Nwite.


The hearing is coming two days before the 25 October earlier scheduled as the return date by the trial judge in the open court last Friday.


Announcing the withdrawal of the charges, the EFCC lawyer said Mr Gambaryan, a United States citizen, was merely an employee of Binance, whose activities he was being prosecuted for.


Counsel to Gambaryan, Mark Mordi, agreed with the prosecution, saying that his client was not involved in the company’s broader financial decisions.


The trial judge, Justice Emeka Nwite, had rejected his second bail application on 11 October, ruling that Mr Gambaryan’s grounds of ill health were not sufficient to release him from detention.


The judge then fixed 18 October for continuation for trial but mister Gambaryan was absent on health grounds, according to prison.


The judge then rescheduled the trial for 25 October, which appears to have now been overtaken by the event of Wednesday’s unpublicised hearing.

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