Economic and Financial Crimes Commission (EFCC), has arrested two university students who specialise in intercepting investors dividend warrants.
They are Asekome Jalli Abdu, final year students of Economics, and Ugoji Theophilus Ugoji, a 100 level student.

According to a release signed by the Head, Media and Publicity, EFCC, Mr. Femi Babafemi, the duo were arrested in Enugu, by EFCC operatives from the South-east Zonal office of the Commission, who were detailed to investigate activities of the syndicate.Ugoji was arrested in connection with a first generation bank's dividend warrant valued at  N1, 215,000.00.

The dividend warrant, which belongs to one Abodokumor Nana, was fraudulently intercepted and lodged in an account opened by Ugoji, in another first generation bank account in Nana's name.

After a long trail, operatives eventually arrested Ugoji on August 28, while trying to  withdraw  from the account at one of the bank's branches in Enugu.  Asekome was arrested over a brewery's dividend warrant valued at  N478, 182.00, only.

He had on September 7, 2006, used his own passport photograph in the account opening mandate package at a Benin City branch of an old generation bank, as Akujobi Nnadunaka Edako Peter.

Asekome and Akujobi thereafter connived to intercept the  dividend warrant of one Kelechi Nwelue, erased his name and printed it in Akujobi’s name, which had earlier been used to open the  account.

The dividend warrant was later paid into the account. Asekome, in his statement, admitted operating the account, made several deposits and withdrawals, but under the guidance of Akujobi, who is a signatory to the account. Akujobi is presently at large.Babafemi said all the suspects will soon have their dates in court.

THISDAY 24TH SEPTEMBER, 2009.

That is what a nation will get, when her educational structures has collapsed. Afterall, an idle mind is a devil's workshop.

Dear Lord!

More to come if ASUU doesnt call off their strike action!

Corruption on the fast lane.

Enjoyment1:

More to come if ASUU doesnt call off their strike action!

Point of correction, If govt doesnot dont open negotiation. ASUU is fighting a just cause.

What do you expect an idle man to do? Besides most of our fathers in Government are execuTHIEVES likewise some of their children.

so EFCC and SSS no get work now but to dey follow students for yansh abi
yara dull they hear all this things wey they happen so? abi im still dey saudi arabia they commot peg for another person eye
make una call off this strike or,

chosen04:


 Point of correction, If govt doesnot dont open negotiation. ASUU is fighting a just cause.

A just cause u call this, it's simply because they know they've got nothing to loss, they still collect their salaries, and all their rightful payment, yet we name this just. Is it until every student is turned into something else. I'm afraid there's no ally treaty signed between this ASUU and private universities. Their generation enjoyed, and they would stand up against any slight injustice, but now, they are giving us no chance to do that, and u still call this just for God sake!

SmashingM:

What do you expect an idle man to do? Besides most of our fathers in Government are execuTHIEVES likewise some of their children.

No doubt about that, man!

What do you expect of people that are ready to learn but the FG/ASUU depriving them of their rights.

Scam is even better than killing innocent citizens because of money

Oluschenco:

What do you expect of people that are ready to learn but the FG/ASUU depriving them of their rights.

Scam is even better than killing innocent citizens because of money

Point of correction, SCAM is not better than killing innocent citizens because of money. When you dupe people, you are killing them slowly. Evil is evil, no matter the name you use to qualify it.

this things happen all around the world,do have an idea how much the USA losses to frude on a yearly basis. this thngs have been around for awhile and would continue to be

it sound so funny

MrCrackles:

Nigeria, hopeless nation full of scammers!

You are wrong this time. No matter how bad a country is it can never be full of scammers. Your statement confirmed you as a scammer because you are in Nigeria

horseballs:

so EFCC and SSS no get work now but to dey follow students for yansh abi
yara dull they hear all this things wey they happen so? abi im still dey saudi arabia they commot peg for another person eye
make una call off this strike or,

My brother that is the way it should be. EFCC is for big and small man, some middle class dupe others to get richer.

SmashingM:

What do you expect an idle man to do? Besides most of our fathers in Government are execuTHIEVES likewise some of their children.

It is not only idle man that the devil use, some of the Government execuTHIEVES are not idle but buzy in there offices diverting funds to their personal accounts.

otukpo:

ASUU is fighting a just cause, and the students have always been involved in scam even b4 the strike.

When a whole professors total annual package is not up to a local govt chairman's lunch allowance. The FG shld fund the nation's universities adequately cos Nigeria has the resources, not just looting the treasuries.

That is my point, you are right.

Students of which university?

Na only person wey get too much money dem fit scam, no be person like me

And the drama continues, I just wish they steal from the big thieves and not from a struggling man.

Seun:

Students of which university?

Says a lot`All l want to know is l want to get off your website and remove my name from the website, typically he or the workers can`t be asked.Checked my Q and  NOT playing fool no reply and you will be subjected to the law that allows you to trade.Thanks for the humanity in the western world!!!

Any youth caught in a criminal act these days claims to be an undergraduate.
What a ruse!![color=][/color][color=][/color]

@ Seun
Students of which university?

University of Abuja, don't mind them, Abuja is the house of Money

One last  thing, l want to get off your website and remove my registered name from the website` No response` l will  have no choice but recourse to decent society to assert my right!

Nation of scammers indeed.

More to follow

Nawaaaaaaaaaa

MrCrackles:

Nigeria, hopeless nation full of scammers!

u can call urself a scammer if u like cos u r a nigerian. but i dont agree we are hopeless, our generation will change things. lets learn from the mistakes of our leaders.

MrCrackles:

You are a goat for insinuating i am a scammer. . . .
Nigeria is full of fraudsters, scammers and corrupt vagabonds.
The whole world and Nigerians are aware!
Where i am from is irrelevant here!

I THINK WE NEED SOME PEOPLE THAT HAS MANNERS HERE, NOT JUST U OPEN UR MOUTH AND SAY ANYTHING, MORESO, CALLING THAT PERSON A GOAT DOES NOT PROVE UR POINT RIGHT, AND FOR UR INFORMATION, U JUST PROVED RIGHT. WE NEED INTELLECTUAL ARGUEMENTS HERE, NOT PERSONAL ABUSIVE STATEMENTS LIKE THAT, SO NEXT TIME, BE REASONABLE