EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
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OGBOMOSHO’S CHIEFTAINCY TITLES IS FOR THOSE WHO CAN SPEND MONEY — SOUN.(PHOTO).

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 Ogbomosho’s Chieftaincy Titles Is For Those Who Can Spend Money — Soun


The Soun of Ogbomoso, Oba Ghandi Olaoye, has explained that the chieftaincy titles in Ogbomosho land is available for only those willing to spend money towards the town’s development.

The Monarch stated this in a widely circulated video online.

“If you want to own an Ogbomoso chieftaincy, you don’t need to give Soun any money, but we will tell you what to do to build the town; that’s the truth.

“You see that market — it is built by an individual that wants to have a chieftaincy and I have told you that we will build 10 of its kind to North and South [LGA]. And it will be built by anyone who shows interest in the chieftaincy,” he was quoted saying in the video.

The monarch also emphasised the prestige and responsibility associated with Ogbomoso chieftaincies.

“Soun chieftaincy is not small. If you want a cheap chieftaincy go elsewhere but if you want an Ogbomoso chieftaincy it requires you a lot of money,” he added, clarifying that this ‘money’ refers to investment in the community rather than personal enrichment.

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