COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...
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SOUTH AFRICA'S RAMAPHOSA URGES 'RULES-BASE' GLOBAL ORDER. (PHOTO).

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 South Africa's Ramaphosa urges 'rules-based' global order


The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned at a G20 finance meeting in South Africa marked by the absence of the US treasury secretary, AFP reported.


Two days of talks of finance ministers and central bank governors from the world's leading economies opened a week after a meeting of G20 foreign ministers was snubbed by US Secretary of State Marco Rubio who complained of its "anti-Americanism".


"The erosion of multilateralism presents a threat to global growth and stability," Ramaphosa said in his opening address.


"At this time of heightened geopolitical contestation, a rules-based order is particularly important as a mechanism for managing disputes and resolving conflict," he said.


America's snub


"Multilateral cooperation is our only hope of overcoming unprecedented challenges, including slow and uneven growth, rising debt burdens, persistent poverty and inequality, and the existential threat of climate change."


South Africa this year holds the rotating G20 presidency and has chosen the theme "Solidarity, Equality, Sustainability".


US Secretary of Treasury Scott Bessent said on February 20 that he would not attend the Cape Town meeting because he was too busy.


Just days before, Rubio had accused the G20 hosts of an "anti-American" agenda. It followed criticism from President Donald Trump about land reforms in South Africa aimed at redressing inequalities perpetrated during the apartheid era.


Economic and financial stability


"South Africa is doing very bad things. Expropriating private property. Using G20 to promote 'solidarity, equality, and sustainability,'" Rubio wrote on social media.


"My job is to advance America's national interests, not waste taxpayer money or coddle anti-Americanism."


The Group of 20 (G20) brings together the world’s leading economies to discuss international economic and financial stability.


It includes 19 countries and the African Union and the European Union which together represent around 85 percent of global GDP.

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