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Usain Bolt Loses $12 Million To Hackers

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Jamaican Olympic sprinting champion, Usain Bolt, on Thursday, lost $12 million in his account with an investment company, Stocks and Security Limited, to hackers.

The track star’s lawyers said they are ready to file a lawsuit if that will make it possible to recover the lost money that mysteriously disappeared from Bolt’s account.

According to a statement from Bolt’s lawyers, it read, “The account was part of Bolt’s retirement and lifetime savings.

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“It’s distressing news for anyone, and certainly in the case of Mr Bolt, who established this account as part of his private pension,” Gordon said on Wednesday.

We will be going to court with the matter” if the company does not return the funds,” his lawyer, Linton P. Gordon, told Fortune magazine over the phone.

It is a grave disappointment, and we are hoping that the matter will be resolved in a way that Mr Bolt will recover his money and be able to live in peace,” he added.

Reacting to the development, Stocks and Securities Ltd said in a statement on January 12 that it learned of the fraudulent activity by a former employee and had alerted law enforcement to the situation.

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It also said that it had taken measures to secure customers’ assets and tighten protocols.

A separate statement released on Monday by the Jamaica Constabulary Force said the “alleged fraudulent activities at SSL that are said to have affected the accounts of Mr Usain Bolt and other individuals” are being looked into by those teams.

Meanwhile, On Tuesday night, Jamaica’s Finance Minister Nigel Clarke claimed that SSL had committed “alarming and evil fraud” and promised to “bring all perpetrators to justice.”

The Associated Press reported that Mr Bolt’s account with the company was created to act as a pension for both of his parents and the eight-time Olympic gold medal-winning sprinter.

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$2.5bn Fraud: EFCC To Collaborate With UK Prosecutors In Diezani’s Case

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There were signs over the weekend that the Economic and Financial Crimes Commission plans to join forces with the United Kingdom prosecutors as an interested party in the trial of former Petroleum Minister, Diezani Alison-Madueke, in a UK court.

A team from the anti-graft commission is expected in London to initiate this process by filing relevant documents, the Nation reports.

According to a source privy to the information, the EFCC intends to share its findings and the Abuja high court’s forfeiture order concerning Diezani’s $2.5 million properties and vehicles with the UK court.

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“This country may not be able to retrieve questionable assets from Diezani if the EFCC does not file an application as an interested party. We have received an advisory on this important bend to Diezani’s trial and we will be part of the case in the UK. A team will leave for London any moment from now to explore legal opportunities and file necessary papers as an interested party.

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“The overall aim is for Nigeria to benefit from Diezani’s trial, especially the recovery of all assets linked to funds looted in this country. The EFCC has sufficient evidence against Diezani, including a court order on the former minister’s $2.5 million homes and cars.

“In another case, a former chairman of EFCC confirmed that the commission recovered $153 million and secured the final forfeiture of over 80 properties in Nigeria valued at about $ 80 million. The allegations against Diezani by the EFCC border on the alleged stealing of about $2.5 billion from Nigeria’s coffers as a minister.” the source said.

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The source continued, “It is necessary for this nation to rise to the occasion because, in March 2023, the NCA also provided evidence to the US Department of Justice that enabled them to recover assets totalling $53.1 million linked to Mrs. Alison-Madueke’s alleged corruption.

“Like the P&ID case, the EFCC has sufficient evidence to pull through a case against Diezani. We want all stolen, diverted and questionable assets back in the custody of Nigeria for the good use of our citizens.I think the EFCC is collaborating with the NCA in the UK on this.

READ ALSO: NIMC Warns Against Fake NIN Number

“It is also unclear if the UK court will ask Diezani to return to Nigeria to serve prison terms if convicted. This is why we also need to be an interested party in the case in the UK.”

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Last year, the Head of the NCA’s international corruption unit, Andy Kelly, said the “charges are a milestone in what has been a thorough and complex international investigation”.

“Bribery is a pervasive form of corruption, which enables serious criminality and can have devastating consequences for developing countries.

“We will continue to work with partners here and overseas to tackle the threat.”

Diezani is currently facing trial at the Southwark Crown Court in the UK over an alleged £100,000 bribe.

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The National Crime Agency alleged that Diezani could have received benefits worth at least £100,000, including cash, chauffeured cars, private jet flights, luxury family vacations, and multiple London properties.

On October 2, 2023, a Magistrate Court granted bail to the former Minister for £70,000, considering her a potential flight risk.

The trial proceedings for Diezani’s case are scheduled to commence in November 2025.

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In October 2023, the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, submitted a warrant of arrest and request to the Crown Prosecution Services of the United Kingdom for the urgent extradition of a former Minister of Petroleum, Diezani Allison-Madueke.

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Five-year-old Boy Shot Dead By Hijackers In South Africa

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A 5-year-old boy, Ditebogo Junior, was shot dead after his father’s Toyota Hilux was hijacked outside their home in Soshanguve, in the north of Gauteng, South Africa.

Police spokesperson, Lt-Col Mavela Masondo said that the child had gone out to welcome his father, Ditebogo Phalane, when he arrived home around 10:30pm on Friday, May 10, 2024.

An unconfirmed number of armed suspects allegedly hijacked the father’s White Toyota bakkie and shot the five-year-old boy who later died in hospital,” Masondo said.

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Phalane’s cousin, Gift Makoti took to X to share the heartbreaking news about the boy’s passing.

My cousin was Hijacked hours ago in Soshanguve block Uu, they took his Bakkie. He was with his son, they shot the 5yr old boy!! He didn’t make it!! What has this country come to now!!!!!???! That’s a CHILD man!!!!!!” he wrote

He posted photos of the young boy, Ditebogo Phalane Jnr, with his father smiling and looking happy. He said that the boy’s father was inconsolable.

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READ ALSO: Customs Intercepts N10m Worth Petrol En Route Cameroon Illegally

“He and his son had a strong bond. His son was always out and about with him, keeping him company. I don’t know how he is going to live without his son,” he said

The tragic incident has left social media users shocked and angry.

Many have made contributions to help erect a tombstone for the boy.

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American Comedian, James Gregory Is Dead

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American comedian, James Gregory, known for calling himself “The Funniest Man in America” has passed on at the age of 78.

Gregory’s family said he died on Thursday, May 9, from cardiac complications.

James took up comedy in the early ’80s when he was 36 after years of working as a salesman, and, he became the first comedian to take the stage at the legendary Punchline club in Atlanta.

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While he was known as a Southern comedian, he traveled all across the country performing shows for the next four decades.

His biggest claim to fame came when he dubbed himself “The Funniest Man in America” in the ’80s, and, later he took the URL domain “funniestman.com”, cementing himself in his fans’ minds as the funniest man.

He is survived by his three nieces and other extended family.

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