WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...

EFCC ARRAIGNS WOMAN FOR N240.5M FOREX FRAUD IN ABUJA. (PHOTO). #PRESS RELEASE


 EFCC Arraigns Woman for N240.5m Forex Fraud in Abuja


The Economic and Financial Crimes Commission, EFCC, on Thursday, October 2, 2025, arraigned one Ene Queen Bamaiyi before Justice A.A. Halilu of the Federal Capital Territory, FCT, High Court, Apo, Abuja, on a one-count charge of criminal breach of trust to the tune of N240,500,000 (Two Hundred and Forty Million, Five Hundred Thousand Naira).


Bamaiyi was alleged to have dishonestly converted to personal use, the sum of N124,000,000 (One Hundred and Twenty-Four Million Naira) out of the sum of N240,500,000, entrusted to her by one Bright Okubo for foreign exchange conversion.


The charge reads: "That you, Ene Queen Bamayi (female), sometime in May 2024 in Abuja within the Judicial Division of this Honourable Court, while being entrusted with the sum of N240,500,000.00 (Two Hundred and Forty Million, Five Hundred Thousand Naira) by one Bright Okubo for conversion at dollar equivalent, did dishonestly convert N124,000,000.00 (One Hundred and Twenty-Four Million Naira) out of the said sum to your personal use in violation of the purpose for which the money was entrusted with you, and you thereby committed an offence contrary to Section 311 of the Penal Code and punishable under Section 312 of the same Code."


She pleaded “not guilty” to the charge, following which the prosecution counsel, Joshua Saidi requested a trial date and informed the court of his intention to invite five witnesses to prove the case, while the defence counsel, M.A. Attah, SAN, prayed the court to grant his client bail on self-recognition and on liberal terms, citing her status as a single mother of a two-year-old child.


Justice Halilu, after considering the submissions, granted the defendant bail in the sum of N30,000,000 (Thirty Million Naira) with two reliable sureties in like sum, who are not below Grade Level 14 in the civil service. He further ordered that the defendant deposited her passport with the EFCC and be remanded in Suleja Correctional Centre, pending the fulfilment of her bail conditions.


The case was adjourned till December 2 and 3, 2025 for trial.

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