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CrimeRe: N12b Currency Scam: N3.9b Destroyed With Acid, Water, Court Told. by fatdon2(op): 6:54am On Jun 12, 2015
INTROVERT:
Interesting facts
You this "center of gravity" lady, you are always first to comment in most of my trendshuh
CrimeN12b Currency Scam: N3.9b Destroyed With Acid, Water, Court Told. by fatdon2(op): 6:43am On Jun 12, 2015
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/
Christianity EtcRe: Happy 52TH Birthday Prophet TB Joshua. by fatdon2(m): 6:32am On Jun 12, 2015
Happy birthday
CrimeRe: PHCN Official Electrocuted In Victoria Island This Evening (photos) by fatdon2(m): 10:00pm On Jun 11, 2015
more.
And some guys will be like "Oga nepa abeg no cut our light o abeg"
cc: lalasticlala

FamilyRe: checkout Some hilarious Childhood Rumours That Went Viral/Worldwide by fatdon2(m): 9:35pm On Jun 11, 2015
grin

Jokes EtcRe: When Nigerian Dude Hear Angelina Jolie Is Coming Back To Africa To Adopt Babies by fatdon2(m): 6:23pm On Jun 11, 2015
grin grin

CelebritiesRe: Fans Blast Basketmouth After He Uploaded This On Facebook (pics) by fatdon2(m): 6:15pm On Jun 11, 2015
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
CelebritiesRe: Birthday Cake D'banj Got From Beat-99.9FM Yesterday(pic) by fatdon2(m):
Birthday gift

PoliticsRe: See What Some Streets In Lagos Look Like After Heavy Rainfall (photos) by fatdon2(m): 5:06pm On Jun 11, 2015
The best place to fall in love.

PoliticsRe: Chibok Girls Survivors, Now In Oregon Boarding School, Share Their Stories (Pics by fatdon2(m): 4:46pm On Jun 11, 2015

TravelRe: A City In Nigeria With 24/7 Electricity Supply! by fatdon2(m): 3:24pm On Jun 11, 2015
Team Bonny

Nairaland GeneralRe: Huge Python Killed At Opebi, Ikeja (photos) by fatdon2(m): 3:15pm On Jun 11, 2015
Wetin for it to be chopped into pieces
cc lalasticlala

CrimeRe: 23-yr-old Bread Seller Raped, Murdered In Benin. by fatdon2(op): 12:49pm On Jun 11, 2015
fatdon2:
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
Rape Rape Rape. Naija which wayhuh

HealthRe: Lovers Found Dead After Using Sex Enhancing Drug by fatdon2(m): 12:40pm On Jun 11, 2015
God
CrimePhoto: 2 Anambra Uni Students Found Dead After Using Sex Enhancing Drug. by fatdon2(op): 12:39pm On Jun 11, 2015
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

RomanceRe: Pic: Man Proposes To Girlfriend At Murtala Muhammed Airport Dressed As Superman by fatdon2(op): 9:40am On Jun 11, 2015
INTROVERT:
The guy has low center of gravity grin. grin but who am I to complain.....
huh

RomancePic: Man Proposes To Girlfriend At Murtala Muhammed Airport Dressed As Superman by fatdon2(op): 9:32am On Jun 11, 2015
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.

This one was epic, he came to pick her at the airport all dressed in a superman outfit and he went on his knees to propose to her, she was totally shocked and overwhelmed. See photos below:
https://streetgist.com/wp-content/uploads/2015/06/man-propose-at-airport-1-streetgist.jpg
https://streetgist.com/wp-content/uploads/2015/06/man-propose-at-airport-2-streetgist.jpg
https://streetgist.com/wp-content/uploads/2015/06/man-propose-at-airport-3-streetgist.jpg
https://streetgist.com/wp-content/uploads/2015/06/man-propose-to-girlfriend-4-streetgist.jpg
source : http://streetgist.com/man-proposes-to-girlfriend-at-murtala-muhammed-airport-dressed-in-superman-costume/

PoliticsRe: Garba Shehu: Buhari’s Stay In Defence House Not Because Of ‘juju’ In Aso Rock by fatdon2(m): 10:44am On Jun 10, 2015
juju kehuh
Crime23-yr-old Bread Seller Raped, Murdered In Benin. by fatdon2(op): 8:02am On Jun 10, 2015
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
CelebritiesRe: Portrait Painting Done By One Of The Best Portrait Artist In Nigeria by fatdon2(m): 7:42am On Jun 10, 2015
Looks real and Beautiful. God bless your hustle bro.
PoliticsRe: Nigerian Tweeters React To Saraki & Ekweremadu's Emergence As Senate Leaders by fatdon2(m): 1:25pm On Jun 09, 2015
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.
CelebritiesRe: Yemi Alade Shines In New Photo With Blue Hair by fatdon2(m): 12:16pm On Jun 09, 2015
Her hair looks like a long blue snake. undecided
CelebritiesRe: D'banj Celebrates His 35th Birthday Today! by fatdon2(m): 8:36am On Jun 09, 2015
Happy birthday bro, wish you the best in life.
CelebritiesRe: Cute Picture Of Former Lagos State Governor Fashola And Son Together by fatdon2(m): 8:02am On Jun 09, 2015
Like father like son.
TV/MoviesRe: Let's See Who Can Remember This Nigerian Movie (pictures) by fatdon2(m): 7:40am On Jun 09, 2015
lalasticlala fP
CrimeRe: 23 Year Old Lebanese Caught With Cocaine At Lagos Airport (photos) by fatdon2(m): 7:10am On Jun 09, 2015
Him get luck say naija no be Indonesia. If not...
TV/MoviesRe: Let's See Who Can Remember This Nigerian Movie (pictures) by fatdon2(m): 11:35pm On Jun 08, 2015
Devil and the pastorhuh
HealthFG Bans The Consumption Of Ogogoro Nationwide. by fatdon2(op): 10:41pm On Jun 08, 2015
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

CelebritiesRe: M.I Releases Photo Of Man Threatening To Kill Him Over A Girl. by fatdon2(op): 10:24pm On Jun 08, 2015
More

CelebritiesM.I Releases Photo Of Man Threatening To Kill Him Over A Girl. by fatdon2(op): 10:23pm On Jun 08, 2015
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

CelebritiesRe: This Ghanian Twin Insist They Are Better Than P- Square (photo). by fatdon2(m): 8:46pm On Jun 08, 2015
lalasticlala

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