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EFCC Arraigns Two Brothers For Stealing N1.5bn From Arthur Eze

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The Economic and Financial Crimes Commission, EFCC, on Wednesday, December 23, 2020, arraigned two brothers, Eze Okwuchukwu Olisaebuka and Eze Nnadozie Onyeka and their respective companies -Berlus Resources Ltd and DYM Integrated Service Limited, before Justice Binta Mohammed of the Federal Capital Territory High Court, Maitama, Abuja on two separate charges bordering on fraud. While Olisaebuka and Berlus Resources Ltd were docked on a 14-count charge, Onyeka and DYM Integrated Service Limited were arraigned on a 17-count charge bordering on theft.

Olisaebuka, who was an administrative officer with Prince Arthur Eze, is alleged to have stolen and converted to personal use the sum of N804,360,216.81 (Eight Hundred and Four Million, Three Hundred and Sixty Thousand, Two Hundred and Sixteen Naira, Eighty One Kobo) and $3,309,359.08 (Three Million, Three Hundred and Nine Thousand, Three Hundred and Fifty-Nine Dollars, Eight Cent).

Prince Arthur Eze

Count 3 of his charge reads; “That you Eze Olisaebuka Okwuchukwu, between 26th September 2017 to 30th October, 2020, in Abuja, within the jurisdiction of this Honourable court, while being employed in the capacity of an administrative officer of Prince Arthur Eze, committed theft of an aggregate sum of N319,709,807.00 (Three Hundred and Nineteen Million, Seven Hundred and Nine Thousand, Eight Hundred and Seven Naira) in the possession of your employer (Prince Arthur Eze), and thereby committed an offense contrary to section 289 of the Penal Code Cap 532 LFN (ABUJA) 1990 and punishable under the same section”.

The defendants pleaded “not guilty”.

In view of the plea, the prosecution counsel, Samuel Chime, asked the court for a date for commencement of trial.

However, defense counsel, Anthony Okpalah, informed the court that an application for bail has been filed before the court and has also been served on the prosecution. He, therefore, asked that the court grant the defendants bail on Liberal terms.

The prosecution counsel did not object. He however reminded the court of the huge amount involved in the case and that the court should be judicious in giving the bail terms, stating that the prosecution is only interested in the defendants attending their trial at all times.

Justice Mohammed, after studying the application and the accompanying affidavit, granted Olisaebuka bail in the sum of N10,000,000.00 (Ten Million Naira) only and one surety in like sum, who must be a civil servant on Grade Level 14 with a copy of last promotion letter submitted. Also, he must be resident in the Federal Capital Territory (FCT).

The case was adjourned till January 26, 2021, for the commencement of trial.

Also, the case of theft brought against Eze Nnadozie Onyeka and DYM Integrated Services Ltd was adjourned till January 26, 2021, for the commencement of trial, after the court admitted the defendant to bail in the sum of N20,000,000.00 (Twenty Million Naira) only and two sureties, who must be civil servants of not less than Grade Level 14. The sureties must work and reside in the Federal Capital Territory and must present a copy of their last promotion letters for verification.

Onyeka and DYM Integrated Resources Ltd pleaded ‘not guilty’ to the charge of stealing N769,161,690 (Seven Hundred and Sixty Nine Million, One Hundred and Sixty One Thousand, Six Hundred and Ninety Naira ), $845,700 (Eight Hundred and Forty-five Thousand USD), and £80,200 (Eighty Thousand, Two Hundred Pounds).

Count 10 of the charge reads; “That you Eze Onyeka Nnadozie, between 20th January 2013 to 30th November 2020, in Abuja, within the jurisdiction of this Honourable court, while being employed in the capacity of Finance Manager of Prince Arthur Eze, committed theft of an aggregate sum of N370,950,000.00 (Three Hundred and Seventy Million, Nine Hundred and Fifty Thousand Naira) in the possession of your employer (Prince Arthur Eze), and thereby committed an offense contrary to section 289 of the Penal Code Cap 532 LFN (ABUJA) 1990 and punishable under the same section “.

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Zenith Bank Assures Customers on Seamless Transactions, Apologizes for Disruptions During Infrastructure Upgrade

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Nigeria’s leading financial institution, Zenith Bank, has reassured its customers of improved services following recent infrastructure upgrades.

 

In a message posted on Thursday, the bank apologised for the service disruptions experienced across its e-channels during the upgrade period.

 

The bank clarified that the glitches were a result of routine information and technology maintenance, which is essential for optimizing service delivery.

 

Zenith Bank emphasized its commitment to ensuring 100% uptime, stating that it takes this responsibility “very personally” and continuously allocates resources to maintain uninterrupted service availability.

 

In the statement, the bank expressed its sincere apologies for any inconvenience caused to customers during the upgrade process, highlighting that the information technology enhancements are designed to improve the quality of service for its esteemed clientele.

 

The message reads in part:

 

Dear Valued Customer,

 

We sincerely apologise for the service disruptions you experienced recently on our banking channels. This was due to an information Technology upgrade aimed at improving the quality of service we provide.

 

We have made significant progress with the upgrade and you can now perform transactions conveniently with the following Zenith bank Channels:

 

Your Zenith Bank Debit Card

The Zenith Bank Mobile App

The Zenith bank Internet Banking Platform

Zenith Agents nationwide (Agent Banking)

 

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Just In: Tinubu Set To Embark on  Two-weeks Annual Leave.

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President Bola Ahmed Tinubu has announced a two-week annual leave

 

According to Bayo Onanuga Special Adviser to the President (Information & Strategy) President Bola Tinubu will depart Abuja today for the United Kingdom to begin a two-week vacation, part of his yearly leave.

 

He will use the two weeks as a working vacation and a retreat to reflect on his administration’s economic reforms.

 

He will return to the country after the leave expires.

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Alleged Corruption : El-Rufai denies allegations, vow to swear on Quran….

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A former Governor of Kaduna State, Nasir El-Rufai, has asserted that his entry into politics was driven solely by a desire to serve the people, not to amass wealth or siphon public funds.

 

El-Rufai made this declaration on Tuesday during a Hausa program aired on Freedom Radio, Kaduna.

 

Speaking candidly, the former governor dismissed allegations of financial misconduct during his administration, maintaining that he was already financially content before assuming office.

 

The Kaduna State House of Assembly had earlier indicted El-Rufai’s administration for the misappropriation of over N423 billion during his eight-year tenure.

 

 

However, El-Rufai and his associates have categorically denied the accusations, labeling them as politically motivated.

 

“I did not join politics to steal money or enrich myself. I was satisfied with what I had before becoming governor,” El-Rufai stated, adding that he is ready to swear on the Quran to prove his innocence if other former governors and current leaders do the same.

 

 

“I have always prayed for guidance in all I do, and I strive not to betray the trust of the people. Whenever the former governors of Kaduna State and other leaders are ready to swear with the Quran that they never misappropriated public funds, I will join them. I have no fear because I know I never took money that belonged to the people,” he said.

 

 

The former governor expressed dismay over the allegations, saying his administration has been accused without any clear evidence of where the money went missing or who took it.

 

He further claimed that his allies were being targeted and invited by the Independent Corrupt Practices Commission and the Economic and Financial Crimes Commission as part of a smear campaign against him.

 

“I have left everything to God’s judgment. I have prayed and will remain silent on the issue. I have instructed my lawyers to take legal action against those tarnishing my name, but for now, I’m focused on my activities like reading and writing,” he said.

 

 

El-Rufai emphasised that service to the people continues even after leaving office, stating, “You don’t need to hold a position in government to serve. We are still working with like-minded individuals who genuinely want to serve the people, not those seeking to enrich themselves.”

 

Looking ahead, El-Rufai revealed that he intends to return to politics in 2027 after completing his studies, remarking, “There is no retirement in politics. God willing, we will return and continue serving the people.”

 

 

 

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