GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.

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SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS   •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship.   He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa.   Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors.   The theme of the opening session is “The Commonwealth's Advantage". ...

COURT JAILS EIGHT CHINESE FOR CYBERTERRORISM, INTERNET FRAUD IN LAGOS. (PHOTOS). #PRESS RELEASE.


 Court Jails Eight Chinese for Cyberterrorism, Internet Fraud in Lagos


 


The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC,  on Friday, July 4, 2025 secured the conviction and sentence of 8 Chinese for cyber-terrorism and internet fraud before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos


 


The suspects are: Pan Cai Qi, Zeng Xian Tao, Weng Mao Rong, Wang Xiong Wei aka Xiao Bai, Shi Dong Fu, Wang Shi Long, Liu Ke Fan and Ting Liao.  


 


They are among the syndicate of 792 alleged cryptocurrency investment and romance fraud suspects arrested on December 19, 2024 in Lagos during a sting operation tagged 'Eagle Flush Operation' conducted by EFCC operatives.


 


They were arraigned on separate charges bordering on cyber-terrorism and internet fraud.


 


One of the charges reads: “That you, Pan Cai Qi, sometime in December 2024 at Lagos, within the jurisdiction of this Honourabe Court, willfully caused to be accessed computer system for the purpose of destabilizing and destroying the economy and social structure of Nigeria and thereby committed an offence contrary to and punishable under Section 18 of the Cybercrime (Prohibition, Prevention, Etc) Act, 2015 (As Amended, 2024]”.


 


They initially pleaded “not guilty” to the charges preferred against them. However, during Friday’s sitting, they all changed their “not guilty plea” to “guilty.”


 


In view of this,  prosecution counsel, M.K Bashir, prayed the court to convict them accordingly.    


 


Justice Aneke convicted and sentenced all the defendants to one year imprisonment, with a fine of N1,000,000.00 (One Million Naira).


 


The Judge also ordered that upon completion of their sentences, the Comptroller-General of the Nigeria Immigration Service, NIS, should ensure that they are repatriated to their country of origin within seven days. 


 


Justice Aneke ordered the forfeiture of the items recovered from them to the Federal Government of Nigeria.

More photos below. 









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