Connect with us

Metro

Supreme Court Reserves Judgment On N3.5bn Paris Club Fraud

Published

on

The Supreme Court of Nigeria has reserved judgment in an appeal on the final forfeiture of the sum of N1.2bn, brought before it by Melrose General Services Limited, until June 7, 2024.

The appellant is challenging the judgment of the Court of Appeal in May 2019, ordering the forfeiture of the sum, being proceeds of unlawful activity in the Paris Club fund, involving Melrose General Services Limited.

This was made known in a statement by the EFCC’s Head of Media and Publicity, Dele Oyewale, on Thursday.

Advertisement

Counsel for the appellant, Kehinde Ogunwumiji, while informing the apex court of a motion seeking the setting aside of the judgment of the Court of Appeal, noted that the money involved in the forfeiture suit was not a proceed of any unlawful activity, but payment for a contractual and consultancy agreement.

READ ALSO: Confusion As EFCC Joins Kogi Ex-gov, Bello In Amended N100bn Corruption Case

Counsel for the EFCC however, informed the court of his counter-affidavit dated March 11, 2024, praying the court to adopt his brief of argument and dismiss the appeal of the appellant.

Advertisement

The statement reads in part “My Lords, we seek the leave of your noble Lordships to undertake a brief overview of the concept of forfeiture granted by the two courts below in a bid to drive home the 1st respondent`s case. There are generally two types of forfeitures used to recover the proceeds and instrumentalities of crimes. They share the same objective, namely the forfeiture of the state of the proceeds and instrumentalities of crime. Both share common two-fold rationales.”

Arguing further, he stressed that, “Recall that appellant filed his notice of appeal against the well-considered judgment of the Federal High Court which was equally dismissed by the Court of Appeal on May 31, 2019, having found that the appellant failed to show that the said funds are not proceeds of crime.

READ ALSO: EFCC Arrests 45 Suspected Internet Fraudsters In Lagos

Advertisement

“Further to the background of the matter, the EFCC carried out investigations which revealed among others, that the sum of N3.5bn was fraudulently paid to the appellant to carry out a consultancy job for the Nigerian Governors Forum, NGF, under the guise that the appellant carried out a consultancy job for the NGF entitling it to the money when it did not do any such work. The appellant made several withdrawals within a short time leaving N1,222,384,857.84 before the EFCC intervened.

“Further investigation led to the recovery of an additional sum of N220m which the appellant had paid to WASP Networks Ltd and Thebe Wellness Services”.

After listening to all the submissions, the five-man panel of the apex court reserved judgment on the matter till June 7, 2024.

Advertisement

Metro

Stop Using Edo Money For Federal Roads, Residents Tell Okpebholo

Published

on

Residents of Benin, the Edo State capital have urged Governor Monday Okpebholo to stop using money accruing to the state on federal government projects.

The residents, who frowned at the governor’s unrelenting efforts in fixing federal roads, lamented that most state-owned roads are in the state of disrepair.

According to the residents, roads in the Government Reservation Area (GRA) have failed and are not motorable, adding that several other state-owned roads have failed and are in need of urgent repairs.

Advertisement

An Activist and head of Talakawas Parliament, in Edo State, Kola Edokpaiyi, said it was ‘busy body’ that made Okpebholo to abandon state-owned roads that are crying for attention in favour of federal roads.

READ ALSO:Okpebholo Poised To Surpassing People’s Expectations — Edo Deputy Gov

He said, “There are so many deplorable state roads in Edo State that are not motorable. We expect the Governor of Edo State to quickly give attention to them all before considering Federal Roads if the state is too rich.

Advertisement

“The Minister of Works, Mr. David Umahi has visited federal roads in Edo State about two times to ascertain how deplorable the roads are. He has already given the brief to Mr. President. We expect the Minister to swing into action based on the huge finance allocated by Federal Government to get the work done.

“I want to appeal to His Excellency, Senator Monday Okpebholo to address the so many state roads that are bad.”

READ ALSO:Okpebholo Warns Companies Against Fuelling Edo–Delta Boundary Dispute

Advertisement

Also, a commercial driver, who plies between Ring Road and Ebvuotubu, Joseph Ikpigho, said he spent more money to fix his car due to bad roads.

Recall that Okpebholo has embarked on reconstruction of 23 kilometres of the Sapele Road axis of the East-West road.

He is also assisting the Federal Government to fix failed portions of the Benin-Ekpoma-Auchi highway.

Advertisement
Continue Reading

Metro

Fire Guts Section Of Rivers Secretariat

Published

on

A section of the Rivers State Secretariat was on Monday evening gutted by fire, leaving parts of the complex damaged before it was brought under control.

The fire, which reportedly started a few minutes past 5 p.m., was contained through the swift response of the Rivers State Fire Service.

Eyewitnesses said the blaze spread rapidly before firefighters arrived at the scene to extinguish it, preventing further damage to nearby offices.

Advertisement

READ ALSO:BREAKING: Tinubu Ends State Of Emergency In Rivers

Although the cause of the fire has not been officially confirmed, preliminary reports suggest that an electrical fault may have triggered the incident.

The Rivers State Head of Service, Inyingi Brown, also attributed the outbreak to an electrical fault, urging workers to ensure that all electrical appliances are switched off before leaving the office.

Advertisement

An unconfirmed source indicated that the fire may have affected the state Pension Commission, though the extent of the damage remains unclear.

Authorities are yet to release an official statement on the full impact of the incident as investigations continue.

 

Advertisement
Continue Reading

Metro

18-year-old Hangs Self, Police Launch Investigation

Published

on

The Benue State Police Command has confirmed the death of an 18-year-old identified as Tersoo Veregh, who allegedly took his own life in Makurdi, the state capital.

According to Zagazola Makama, the deceased’s father, Mr. Veregh Nathaniel, of Iorkyaako Street, High Level area of Makurdi, made the tragic discovery around 2:00 a.m. on October 4, when he stepped out of his room to ease himself and found his son hanging from the ceiling.

READ ALSO:How Becoming Bank Manager At 27 Changed My Life, Tony Elumelu Urges Trust In Africa’s Youths

Advertisement

Following the report, the Divisional Police Officer (DPO) of ‘B’ Division, Makurdi, led a team of detectives to the scene. The body was photographed and later taken to the Benue State University Teaching Hospital mortuary.

Police authorities said an investigation has commenced to determine the circumstances surrounding the incident.

Advertisement
Continue Reading

Trending