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...

UGANDA'S PRESIDENT MUSEVENI CLEARED TO SEEK REELECTION IN BID TO EXTEND 39-YEAR RULE. (PHOTO).


 Uganda's President Museveni cleared to seek reelection in bid to extend 39-year rule


Uganda's leader, who has been in power since 1986, was confirmed on Tuesday as a candidate in January's presidential vote and urged supporters to back his vision for the future.


Electoral officials formally declared President Yoweri Museveni a candidate at an event just outside of Kampala, the Ugandan capital, after more than 2 million supporters signed on to back his bid, according to his party.


In 2017 Uganda lawmakers removed a constitutional age limit on the presidency. Museveni's ruling National Resistance Movement is the majority party in parliament, AFP reported.


Museveni told supporters after he was officially nominated that his goal is “to convince the people of Uganda of what has been achieved in the past and what we are planning to do now.”


Attracting investors


Attracting more foreign investors into the east African country is a priority, he said.


Hundreds were gathering at ceremonial grounds in Kampala to celebrate the nomination later on Tuesday.


Museveni's main political opponent, Bobi Wine, is a popular entertainer whose real name is Kyagulanyi Ssentamu. He is scheduled to be nominated later this week.


In the 2021 election, Wine secured 35% of the vote, while Museveni, with 58%, posted his worst-ever result, establishing Wine as the president’s most potent challenger in decades.


Wine alleged his victory was stolen through widespread ballot stuffing and other malpractices. Electoral authorities denied the allegations.


Familiar rivals


The January vote is expected to reprise the contest between the two. Museveni dismisses his opponent as an agent of foreign interests and has questioned his patriotism.


Yet Wine has a large following among working-class people in urban areas, and his party has the most seats of any opposition party in the national assembly.

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