₦9bn contract Fraud case: Dimeji Bankole discharged and acquitted

Click banner for more info

An Abuja Federal High Court on Friday discharged and acquitted a former Speaker of the House of Representatives, Dimeji Bankole, after the Economic and Financial Crimes Commission could not  prove a 16-count criminal charge bordering on a N9bn contract scam filed against him.

An Abuja Federal High Court on Friday discharged and acquitted Dimeji Bankole, after finding that the Economic and Financial Crimes Commission was not able to prove a 16-count criminal charge, bordering on a N9billion contract scam, filed against him.

Justice Evoh Chukwu, in a ruling on a no-case-submission filed by Bankole after the prosecution had called its witnesses against him in the trial, held that there was no evidence linking the former Speaker to the alleged offenses.

US Senator Pleads for Peace Meeting with Nigerians over Controversial ‘419’ Joke.

Click banner for more info

US Senator Ted Cruz has asked for a peace meeting with Nigerian-Americans who have demanded that he retracts his controversial  joke last week which many of them considered insulting. In a letter from the Senator to leaders of the Nigerian community in Houston, Texas, where the controversial
comments were made, the Senator said he “regrets any misunderstanding.”

Continue.

How "419", Is equal to "Yahoo Yahoo," Yahoo Plus, Yahoo Plus Plus "

Click banner for more info

Advance Fee Fraud, popularly known as “419” in Nigeria, is not news to an average countryman. However, what many are unaware of is the deeper dimensions it has taken in some parts of the country. While the Economic and Financial Crimes Commission (EFCC) may have secured many convictions in recent past, more than 90 percent of these illegal transactions go undetected by the agency. The number “419” refers to the article of the Nigerian Criminal Code dealing with fraud – obtaining by false pretence.

According to Wikipedia, Nigeria ranks among the top three countries in the world noted for email scams. The top three nations are the United States, the United Kingdom, and Nigeria (in that order). Similarly, other nations known to have a high incidence of advance fee fraud include Côte d’Ivoire, Benin Republic, Togo, South Africa, the Netherlands and Spain. Names like Ade Bendel, Emmanuel Nwude, Maurice Ibekwe and several others still ring a bell in Nigeria whenever issues relating to 419 are being discussed.

EFCC Arraigns Scammer For ₦44.9m Nokia Phones 419

Click banner for more info

The Economic and Financial Crime Commission, EFCC, Thursday arraigned one Patrick Fernandez, 50, before Justice Adeniyi Onigbanjo of the Lagos State High Court sitting in Ikeja on a five count charge bordering on obtaining money under false pretences and issuance of dud cheques worth N44,950, 000 (Forty- Four Million, Nine Hundred and Fifty Thousand Naira) contrary to section 1(1) of the Dishonoured Cheques Act Laws of Federation of Nigeria 2004.

One of the charges read, “Patrick Fernandez between 29th March and 1st April, 2012 at Ikeja within the Ikeja Judicial Division with intent to defraud did obtain different types of Nokia phone sets worth N13, 800,000 (Thirteen Million Eight Hundred Thousand Naira) only from Okay Computers when you falsely represented to her that the money was to be paid within one week after delivery/collection of goods and which promise you failed to abide with”