Fraud: Yahaya Bello’s cousin, others admitted To N2bn bail
Ali Bello and three others were granted bail by the Federal High Court in Abuja on Monday, with a total bail amount of N2 billion in their N3 billion fraud case.Justice Obiora Egwuatu held that the charges against the defendants are bailable, and that bail is to enable defendants charged with an offense to prepare well for their trial. She, therefore, ordered the defendants to pay N500 million each as bail.Bello was on February 8, 2023 arraigned alongside Abba Adauda, Yakubu Siyaka Adabenege and Iyadai Sadat, on an 18-count before Justice Egwuatu of the Federal High Court, Abuja.The defendants were in count one charged with procuring, “E- Traders International Limited to retain the aggregate sum of N3,081,804,654.00 which sum you reasonably ought to have known forms part of proceeds of unlawful activity to wit: criminal misappropriation, and you thereby committed an offence contrary to sections 18(a), 15(20)(d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act.They were also charged with procuring “E-Traders International Limited to transfer the aggregate sum of $570,330 to account number no; 426-6644272 domiciled in TD Bank, United States of America, which sum you reasonably ought to have known forms part of proceeds of unlawful activity to with: criminal misappropriation, and you thereby committed an offence contrary to section 15(2)(d) of the Money Laundering Prohibition Act, 2011 as amended and punishable under section 15 (3) of the same Act” in count three.Delivering ruling in the applications, Justice Egwuatu held that bail is granted to the defendants in the sum of N500 million each, with two sureties in like sum.The sureties according to the Justice must reside in Abuja, with identifiable addresses.They must also own landed property worth N500 million within the jurisdiction of the court adding that the original title documents to the said property must be deposited with the Registrar of the court, together with evidence of tax payment for three years running from 2020 to 2022.Additionally, the judge held that the defendants are to deposit their international passports with the court and can only travel after due permission from the court.Subsequently, the matter was adjourned to April 16 for commencement of trial.Earlier in a previous sitting, Ahmed Raji, SAN, arguing the bail applications of the four defendants contended that the offenses against his clients are ordinarily bailable and pleaded that the court should use its discretion in favour of the defendants.In validating his argument and dismissing claims that the defendants pose a flight risk and would tamper with evidence, the senior lawyer argued that the defendants have so far posed no resistance or difficulties during the period of their investigation.He added that the EFCC granted one of the defendants permission to travel to Saudi Arabia and that the defendant kept faith by returning to Nigeria and surrendered his passport to the commission.Responding, counsel to the EFCC, M. K. Husseini, had strongly opposed the request, arguing that the defendants are likely going to jump bail and not make themselves available for trial and urged the court to deny the defendants bail.After consideration, Justice Egwuatu declared that the ruling on the bail applications would be delivered on Monday, February 20, 2023.
Abia APGA rejects Governorship Poll results as Labour Party leads
The results of the March 18 governorship poll in Abia state has been rejected by the All Progressives Grand Alliance. The Independent National Electoral Commission has so far announced results in 10 LGAs. In a statement signed on Monday by the APGA Chairman Abia State, Rev. Augustine Ehiemere, the party said it would not accept an election “marred by irregularities.” It, however, urged supporters to remain calm as they await the conclusion of the process. The statement read partly, “The results so far announced did not in any way reflect the will of the good people of Abia voters as demonstrated at the various polling units.“We are highly disappointed that the votes cast for our candidate, Professor Greg Ibe, were suppressed and not credited to him.“Regrettably too, there were brazen irregularities, including snatching of ballot papers, over-voting, unprecedented manipulation and violence against the opposition.“Most of the results were collated without recourse to BVAS machines, hence, they cannot be relied upon.“We appeal to our members to remain calm and watch things unfold. We firmly believe that light will triumph over darkness, and Abia emancipated from the chains of undemocratic forces.“The election was marred with irregularities in all parts of the state, and APGA cannot accept a highly flawed election.” Only ten local government results have so far been collated, and they include; Ukwa East, Umunneochi, Ukwa West, Bende, Isialangwa North, Isialangwa South, Arochukwu, Ugwunnagbo, Isuikwuato and Ikwuano. So far, the results announced puts the Labour Party in the lead with a margin of 13,132.
BREAKING: INEC Declares PDP’s Mutfwang winner of Plateau Gov Election
The Plateau State governorship candidate of the Peoples Democratic Party, Caleb Mutfwang, has been declared as the winner of Saturday’s governorship election by the Independent National Electoral Commission.The result declared by the INEC Presiding Officer, Musa Yusuf, after counting the votes scored by parties that participated in the election shows that Mutfwang had the highest votes beating the All Progressives Candidate, Nentawe Yilwatda.Recall that the PDP governorship candidate was reported to be taking an early lead as of 11 am when INEC resumed collations of results from the 17 local government areas of the state.Details later…
Chimaroke Nnamani dumps PDP after losing Senate Re-Election to LP
Chimaroke Nnamani, the senator representing Enugu East Senatorial District, has dumped the Peoples Democratic Party, PDP,He announced his exit from the PDP after he lost his senatorial bid to the Labour Party.Nnamani also expressed appreciation to his constituents for the unalloyed support over the years.The former Enugu State governor’s formal exit from the opposition party was contained in a statement he signed on Monday.The PUNCH reports how the senator was expelled by the PDP on February 10, 2023, alongside some other key party members for alleged anti-party activities. This is also as he lost his bid to return to the Senate to his rival Kelvin Chukwu of the Labour Party.Nnamani stated that he had consulted with his associates and constituents alike and had decided to quit the PDP on account of irreconcilable differences with the national leadership of the party.Speaking further, he noted that he had moved on and hoped that his modest contributions to the development of his constituency would be the building block on which his successors could build on.While reaffirming his acquaintance with the President-elect, Bola Tinubu, he promised to continue to partner him.The former governor also thanked Nigerians especially the Ebeano political family and urged them to remain steadfast in the years ahead.He further expressed optimism that the Tinubu administration would promote good governance, rule of law and human rights for the interest of all Nigerians.
Education7 months ago
Education Minister Adamu Jets Out Amid Unresolved FG, ASUU Strike
Business2 years ago
Court freezes jailed Ex-Bank PHB MD, Atuche’s N19.1bn
LAW2 years ago
Late President Yar’Adua’s son remanded in prison for allegedly killing four people
African News2 years ago
Coup in Guinea as President is detain*International communities condemn action* Defence ministry says attack repelled
Home1 year ago
Middle Belt Forum alleged foul play in Obadiah Mailafia’s death
LAW1 year ago
Major slams N2Bn suit against Army, Bank over alleged unlawful freezing of account
Business1 year ago
Abdul Samad Rabiu is now the second-richest man in Nigeria
Home2 years ago
Ondo State joined 6 others to outlaw open grazing