The presidential candidate of the Peoples Democratic Party (PDP) in the February 23 presidential election, Alhaji Atiku Abubakar, has vowed not to mortgage the people’s mandate as he unveiled his legal team on Saturday. Atiku is challenging the victory of incumbent President, Muhammadu Buhari who was declared winner of the election by the Independent National Electoral Commission (INEC). In a ... Read More »
The Economic and Financial Crimes Commission (EFCC) yesterday filed ten charges against the former chairman of Skye Bank Plc, Mr Tunde Ayeni, over alleged laundering of about 21billion naira. The cash in question was withdrawn from the Suspense Account of the bank by Ayeni and allegedly spent on different types of favour to people. Ayeni, who has been in custody ... Read More »
National Chairman of the All Progressives Congress (APC) Comrade Adams Oshiomhole on Thursday said former Vice President Atiku Abubakar was destined never to be President. He also said the APC was prepared to meet the Peoples Democratic Party (PDP) in court. Addressing a news conference on the outcome of the Presidential and National Assembly elections and the decision of the ... Read More »
The Federal High Court in Lagos on Thursday refused to order the forfeiture of $8.4 million and N7.4 billion linked to former First Lady Dame Patience Jonathan. Justice Mojisola Olatoregun refused an Economic and Financial Crimes Commission (EFCC) application for a final forfeiture of the sums seized from the former First Lady. The judge had last April 20 ordered temporary ... Read More »
The Federal High Court on Thursday sentenced to seven years imprisonment a retired Air Vice Marshal, Tony Omenyi, on money laundering charges involving the sum of N136m which he was said to have received from a contractor with the Nigerian Air Force, while he was a public officer. The convict, a former Managing Director of Aeronautical Engineering and Technical Services ... Read More »
National Chairman, Igbo Reawakening Forum (IRF), Uchenna Ufearoh, has described President Muhammadu Buhari’s reelection as an act of God, saying no cabal could lay claim on the victory. He said the victory had retired those he referred to as institutions dragging the country behind over the years. Speaking exclusively with the Nation on Thursday, Ufearoh also noted that the country ... Read More »
The Supreme Court has fixed judgment for May 17 this year in a suit by Cross River State Government seeking to set aside the suspension of the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen. A seven-man panel of the court, led by Justice Olabode Rhodes-Vivour fixed the date on Thursday after taking arguments from lawyer to parties. Lucius Nwosu ... Read More »
-How he got enmeshed in serial multi-billion Naira mess.The truth about the former Skye Bank Chairman’s N150b fraud! .How he milked Skye Bank dry! +How his lawyers are fighting hard with their legalese for his release Undisputedly astute businessman but now viciously embattled Tunde Ayeni, is a lawyer, investor and astute business magnate who sits atop the boards ... Read More »
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