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INTROVERT:You this "center of gravity" lady, you are always first to comment in most of my trends ![]() |
The prosecution in the N8 billion currency scam yesterday told the court how some of the accused persons allegedly destroyed boxes loaded with N3.96 billion with acid and water, making them inaccessible to investigators. Mr. Rotimi Jacobs (SAN) was objecting to the applications for bail filed on behalf of the first accused person, Kolawole Babalola, at a Federal High Court, Ibadan, the Oyo State capital. He also disclosed that 107 boxes from First Bank Ltd were opened before the accused persons during which N773 million was discovered to have been stolen. Jacobs said another suspect, who had been on the run, had just been yielded to the Economic and Financial Crimes Commission (EFCC) by his family. But he refused to give the suspect’s name, saying he was still being investigated. The lawyer also revealed that the cash involved in the scam is about N12 billion as against the N8 billion earlier stated. He said more revelations would be made when the trial begins. Eight Central Bank of Nigeria (CBN) and First Bank Ltd officials are standing trial in the first of seven cases arising from the multi-billion naira mutilated currency scam. The eight accused persons are among the 22 bankers being arraigned by the EFCC. They include six CBN officials and commercial banks. They were arraigned on a 28-count charge bordering on forgery, misrepresentation and self-enrichment as part of the N8 billion mutilated currency fraud at the CBN. The others are concealing of property, fraudulently acquiring assets in excess of their legitimate and provable income and causing economic adversity to the Federal Republic of Nigeria. The accused, the court heard, acquired assets in Nigeria and Pretoria, South Africa. In the first case, the CBN employees are Kolawole Babalola, Olaniran Adeola and Togun Kayode Phillips. Their alleged accomplices are Isiaq Akano, Ayodele Festus Adeyemi, Oyebamiji Hakeem, Ayodeji Alese and Ajiwe Adegoke. The EFCC, in the charge, claimed that the CBN workers conspired with the First Bank employees to recycle N7 billion mutilated currency notes meant to be destroyed. The accused, however, pleaded not guilty to the charge. A request for bail for the eight persons was brought to the court yesterday. According to Jacobs (SAN), there was overwhelming evidence against the accused, which includes destruction of boxes of N10 million mutilated notes each but which could not be accessed due to the acid and water poured on them. Urging the court to refuse applications for their bail, Jacobs, who read some of the statements made by the accused persons, argued that granting them bail in the face of the overwhelming evidence and the gravity of the offences allegedly committed would amount to patting them at the back. He argued that they could interfere with evidence and witnesses to be called during trial. The senior advocate also faulted defence counsel’s further affidavit on the first accused, Babalola, describing it as “incurably defective”. He said Babalola coordinated the activities, insisting that the tendency of the banker to abscond was high because he faces six other sister cases arising from the scam, adding that the weight of evidence could also spur him to jump bail. “Incentive to jump bail is very high because of the weighty evidence gathered against them. He has six other cases pending against him. Therefore, the likelihood of jumping bail is high. I, therefore, urge your Lordship to refuse the application for bail and order accelerated trial.” Jacobs told Justice Olayinka Faj. The senior lawyer also recalled that it was the CBN that blew the whistle on the scam. According to him, the apex bank discovered only one box of N10m, which was filled with only newspapers. It investigated the discovery and reported the case to the anti-graft commission. He said some of the offences carry up to 21 years imprisonment, hence, bail should not be granted. Jacobs also opposed bail applications for the seven other accused persons on the strength that the offences are weighty and that there was overwhelming evidence against them. He also insisted that the evidence against the second accused person was strong and overwhelming, stressing that bail should not be granted lightly in corruption cases, particularly in view of other cases against some of them. The lawyer said the sixth accused person, who is a member of the staff of First Bank, confessed in his statement that he received N8 million cash gift in several installments from the accused CBN staff in 2010, but said that he did not know that it was a profit from fraud. According to Jacobs, the accused said he could not report the case to his superior or CBN because he was afraid of being murdered. “Therefore, I urge your Lordship to put him in protective custody,” he said. The seventh accused, according to the prosecutor, supplied wrappers and stickers belonging to First Bank to the accused CBN staff and received N300,000 to N400,000 weekly, talking about N60 million over a period of time. “Should they then walk home with a pat at the back? We are ready for trial and other accelerated hearing. Our witnesses are ready and we won’t waste the time of the court. I urge your Lordship to refuse their application and order accelerated hearing,” Jacobs submitted. But the defence counsel argued that the purported statements had not passed the test of admissability. They urged the judge to use his discretion to grant them bail. They argued that the onus is on the prosecution to establish the facts of his materials for which he argues against bail as provided for in the Justice Act. They reminded the court that bank accounts of some of the accused had been frozen and their property seized. Besides, they argued, the accused did not jump the administrative bail earlier granted them by the EFCC, adding that the prosecution had not sufficiently proved that the accused could jump bail or that they will interfere in evidence and with would-be witnesses. They also pointed out that the accused do not have previous criminal record. After both defence and prosecution counsel adopted their written addresses, replies on point of law, counter and further affidavits as well as oral adumbrations, Justice Faj reserved ruling on the applications for bail till June 19. In the second and third cases, which also include Babalola, Olaniran, Toogun, Oni Ademola Dolapo, Afolabi Esther Olufunke and Ademola Adewale, the counsel adopted their processes and made oral submissions before the court adjourned ruling on their applications till the same date. Jacobs (SAN) confirmed said admitted in his statement to the commission that he shortchanged the CBN of over N1.3 billion, which was allegedly stolen from 173 boxes from the apex bank’s vault. According to Jacobs, Oni admitted that boxes containing N1.73 billion of N1,000 notes from a commercial bank were found with only N333 million. The accused is said to own substantial property from the proceeds of the fraud. Some of the property include four plots of land at Eleyele, Ibadan, valued at N3 million, three acres of land at Ona-Ara, Ibadan, two acres of land at Ido Local Government, Ibadan, which he acquired in 2012, which he claimed were acquired with proceeds of the mutilated naira notes deal. On the fifth accused applicant, Afolabi Olunike Esther, Jacobs said she confessed to have made N30 million form the deal, adding that she also owns property, such as filling stations, petrol tanker, borehole drilling machine, KIA Cerato, a house at No 15, Akuru, Oluyole extension, built before she was transfered to the section. She also revealed that she owns an old house around Faleke in Challenge, Ibadan, which she bought for N7million and renovated N4 million in 2012. She even confessed to having N10 million in a first generation account, according to the lawyer. He urged the court to refuse their applications for bail. The sixth accused applicant, Ademola Ebenezer Adewale, through his counsel, O.E Ige and D.G. Olufokunbi, urged the court to grant thier counsel, who they argued had minimal involvement in the deal. The prosecution counsel only urged the court to use its discretion on the bail application because the accused took only N50,000 from the fraud. Ruling on the applications was also adjourned till June 19. http://thenationonlineng.net/new/n12b-currency-scam-n3-9b-destroyed-with-acid-water-court-told/ |
Happy birthday |
more. And some guys will be like "Oga nepa abeg no cut our light o abeg" cc: lalasticlala
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Basketmouth to me has been overhyped. He is no longer funny. I have watched him in various shows and he comes out really dry and boring that I begin to wonder what the hype was all about. The only G thing going for him is his dress sense |
Birthday gift
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The best place to fall in love.
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lalasticlala:Tears dripping out from my eyes.
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Team Bonny
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Wetin for it to be chopped into pieces cc lalasticlala
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fatdon2:Rape Rape Rape. Naija which way ![]()
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God |
Two students, a male and female of a University in Anambra State (name withheld), have reportedly died in a hostel room located near the school. The female student is from Imo State. She visited her male boy friend and they went in together on Saturday but never woke up until their doors were forced open by the police after a neighbor raised the alarm. The male student was 300level student of public administration. They allegedly died after sex romp and their neighbors never knew until their bodies started decomposing. The guy allegedly drugged the girl to have access to free sex which resulted to her death and he equally took the pills and lay beside her. Special Anti Robbery Squad (SARS) from Awkuzu removed both bodies and deposited then at an undisclosed morgue. The Police Public Relation Officer (PPRO), DSP Uche Ezeh while reacting to the incident said investigations were ongoing to ascertain the veracity of the case but confirmed the incident while charting with Daily Independent Metro. www.dailyindependentnig.com/2015/06/lovers-found-dead-using-sex-enhancing-drug/ cc: lalasticlala
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INTROVERT: ![]()
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Nigerian men have so far been coming up with creative styles and ideas to propose to their fiancee. Some travel on vacation to do it, some do it on their birthdays, some do it during dinners and some do flash mobs in public places.source : http://streetgist.com/man-proposes-to-girlfriend-at-murtala-muhammed-airport-dressed-in-superman-costume/
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juju ke ![]() |
BENIN—UNKNOWN assailants reportedly kidnapped, raped and murdered a 23- year-old-woman, simply identified as Joy Okoh in Benin, Edo State, and left her body in the boot of an SUV at Upper Mission Extension in the state capital. It was learned that the deceased, who was said to be a bread seller at Lucky Way Junction by Ramat Park was alleged to have closed for the day’s business at 7.30p.m., when she was kidnapped. The car was said to have been snatched by the gunmen, used for the act and abandoned. When contacted, state Police Public Relations Officer, Mr. Stephen Onwuchei who confirmed the story, said the police have commenced investigation into the incident. www.vanguardngr.com/2015/06/23-yr-old-bread-seller-raped-murdered-in-benin/ cc: lalasticlala |
Looks real and Beautiful. God bless your hustle bro. |
Hausa was expecting their candidate to be emerge as winner but this time d yorubas call betrayers manage to overpower aBoki man see imagine. This Buhari govt political positions are competition between Abokis and betrayers. Let us watch hw d speakership position wll be whether still d betrayers wll stll defeat Boko Haram people. To me i support Boko harams to defeat nig betrayers people. Nothing concern about southsouth and southeast people because they ar look for biafra not in position we just allowed those two nigeria group to drag for position. Tank u biafra people. |
Her hair looks like a long blue snake. ![]() |
Happy birthday bro, wish you the best in life. |
Like father like son. |
lalasticlala fP |
Him get luck say naija no be Indonesia. If not... |
Devil and the pastor ![]() |
Following the deaths of 38 people in Rivers state and a similar incident in Ode-Irele, Ondo state due to the consumption of locally made gin popularly called Ogogoro, the Federal Government of Nigeria has announced a total nationwide ban on the consumption of the gin. The Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Paul Orhii, who made the announcement at a media briefing in Abuja, Monday warned the general public against the consumption of the gin which has turned out to be deadly due to its toxic contents. “The public should desist from the consumption of unregistered locally made spirits (Ogogoro) and other unregistered bitters. The government will confiscate all illegally brewed alcoholic beverages across the country, ” he reiterated. The NAFDAC boss was joined at the media briefing by the National Coordinator of the National Center for Disease Control ( NCDC), Abdulsalami Nasidi. According to Orhii: “Preliminary investigation by the National Centre for Disease Control (NCDC) and World Health Organisation (WHO) ruled out any infectious diseases and confirmed the possibility of poisoning as the cause and in turn advised NAFDAC to conduct further investigation. “The symptoms suffered by victims included vomiting, abdominal pain, blurred vision, headache, dizziness and loss of consciousness with subsequent sudden deaths of 18 victims.” He explained that: “Results of the laboratory investigation revealed methanol toxicity. Five samples were found to contain high concentration of methanol (Ogogoro) which is unwholesome and unfit for human consumption. “Blood methanol concentration above 1500-2000mg/L will certainly lead to dead in untreated patients.” Speaking, the National Coordinator of NCDC, Prof. Nasidi said his center would work in collaboration with NAFDAC to fight against the illegal production of locally gin. “We are working to combine force with NAFDAC to launch an attack on these people. We will immediately confiscate their products.” “All locally produced methanol must be checked before releasing it to the public. We need to sensitize Nigerians on the need to beware of the locally brewed gin.” The general public have however been advised to immediately report and evacuate to the nearest tertiary health institution any suspected case for prompt medical attention as according to him. www.dailyindependentnig.com/2015/06/fg-bans-ogogoro/ cc: lalasticlala
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Rapper MI has just revealed on Twitter that some guy is after his life over a woman he has being with before. Tweets continue after the cut. www.lailasblog.com/2015/06/mi-releases-photo-of-man-threatening-to.html?m=1
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lalasticlala |
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