News
EFCC to landlords: Rent your house to ‘yahoo boys,’ risk 15-year jail term
The Economic Financial Commission Commission (EFCC) has issued a stern warning that landlords may risk 15 years in jail for renting houses out to “Yahoo boys.”
The Commission made this known ahead of its next edition of its public conversation series tagged, “ #EFCCConnect,” which has been slated to be held by 6pm on Twitter Space on Wednesday, June 29th 2022.
The commission’s Deputy Director, Legal and Prosecution, Sylvanus Tahir and Assistant Director, Legal and Prosecution, Cosmos Ugwu will be speaking on the topic, “Give your house to Yahoo boys, spend 15 years in jail” at the forum.
Recall that the EFCC had repeatedly warned house owners and commercial real estate agents against making properties available to cyber criminals and fraudsters.
The EFCC Chairman, Abdulrasheed Bawa, earlier met with hotel owners in Ilorin, the Kwara capital to sensitize the hospitality business community on how to work with the Commission to tame the tide of cyber crimes.
News
Court remands Yahaya Bello in EFCC custody
The federal capital territory (FCT) high court has remanded Yahaya Bello, former governor of Kogi, in the custody of the Economic and Financial Crimes Commission (EFCC).
Bello was arraigned on a 16-count charge bordering on alleged money laundering on Wednesday.
He pleaded not guilty to all the charges.
News
Yahaya Bello pleads not guilty to N110bn fraud charges
The immediate past Governor of Kogi State, Alhaji Yahaya Bello, on Wednesday, pleaded not guilty to a 16-count charge the Economic and Financial Crimes Commission, EFCC, preferred against him.
Bello was docked before trial Justice Maryann Anenih of a High Court of the Federal Capital Territory sitting at Maitama, alongside two other defendants, Umar Oricha and Abdulsalami Hudu.
The defendants were accused of complicity in a N110billion fraud.
It will be recalled that the erstwhile governor’s whereabouts remained unknown till yesterday when he surrendered himself after a protracted hide-and-seek game between him and the anti-graft agency.
Dressed in white caftan and blue cap, Bello, mounted the dock around 9:45am.
The charge against the defendants, marked: CR/7781, borders on conspiracy, criminal breach of trust and possession of unlawfully obtained property.
Specifically, the EFCC alleged that the former governor misused state funds to acquire properties, including No. 35 Danube Street, Maitama District, Abuja (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II District, Abuja (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro, Abuja (N920 million).
Other properties the defendants allegedly acquired with funds stolen from the Kogi state treasury, included Block D Manzini Street, Wuse Zone 4, Abuja (N170 million), Hotel Apartment Community: Burj Khalifa, Dubai (Five Million, Six Hundred and Ninety-Eight Thousand, Eight Hundred and Eighty-Eight Dirhams), Block 18, Gwelo Street, Wuse Zone 4, Abuja (N60 million), and No. 9 Benghazi Street, Wuse Zone 4, Abuja (N310.4 million).
More so, the defendants were accused of transferring $570,330 and $556,265 to TD Bank, USA, and possessing unlawfully obtained property, including N677.8 million from Bespoque Business Solution Limited.
News
EFCC arraigns Yahaya Bello over alleged N110.4bn fraud
The Economic and Financial Crimes Commission, EFCC, has produced the immediate past Governor of Kogi State, Alhaji Yahaya Bello, before a High Court of the Federal Capital Territory sitting at Maitama for arraignment.
Bello is billed to enter his plea to a 16-count charge ordering on his alleged complicity in a N110billion fraud.
The erstwhile governor’s whereabouts remained unknown till yesterday when he surrendered himself after a protracted hide-and-seek game between him and the anti-graft agency.
Dressed in white caftan and blue cap, was marshalled into the court premises by armed operatives of the EFCC before 9am, for his arraignment.
He will be docked before trial Justice Maryann Anenih, alongside his two co-defendants, Umar Oricha and Abdulsalami Hudu.
The charge against the defendants, marked: CR/7781, borders on conspiracy, criminal breach of trust and possession of unlawfully obtained property.
Specifically, the EFCC alleged that the former governor misused state funds to acquire properties, including No. 35 Danube Street, Maitama District, Abuja (N950 million), No. 1160 Cadastral Zone C03, Gwarimpa II District, Abuja (N100 million), and No. 2 Justice Chukwudifu Oputa Street, Asokoro, Abuja (N920 million).
Other properties the defendants allegedly acquired with funds stolen from the Kogi state treasury, included Block D Manzini Street, Wuse Zone 4, Abuja (N170 million), Hotel Apartment Community: Burj Khalifa, Dubai (Five Million, Six Hundred and Ninety-Eight Thousand, Eight Hundred and Eighty-Eight Dirhams), Block 18, Gwelo Street, Wuse Zone 4, Abuja (N60 million), and No. 9 Benghazi Street, Wuse Zone 4, Abuja (N310.4 million).
More so, the defendants were accused of transferring $570,330 and $556,265 to TD Bank, USA, and possessing unlawfully obtained property, including N677.8 million from Bespoque Business Solution Limited.
-
Education2 days ago
Akwa-Ibom to probe 26 schools as video depicts poor nutrition at boarding house
-
Business1 week ago
Lagos state government to commence upgrade of major junctions in Ikeja axis, seeks residents’ cooperation
-
Special Features4 days ago
Iyabo Ojo, Brainjotter, Dayo Oketola, Penzaarville, Tomiwa and others to speak at the Bodex Social Media Hangout 5.0
-
Business4 days ago
31 electricity towers affected as vandals destroy transmission lines in Edo communities
-
Special Features6 days ago
DG ARCON, Dr Olalekan Fadolapo to speak at Bodex social Media Hangout 5.0
-
News2 days ago
Lagos state government shuts establishments in Gbagada, Ogudu, others over noise pollution, environmental violations
-
News1 week ago
Lagos state government seals Ile Iyan restaurant over waste disposal violations
-
World1 day ago
‘You’ll pay huge price for allowing illegal migrants into US’, says Trump as he vows to punish Canada