Wednesday, December 2

Tag: Bank Accounts

EndSARS: Rinu, Pamilerin, Gatefield’s Bank Accounts Frozen By CBN
News

EndSARS: Rinu, Pamilerin, Gatefield’s Bank Accounts Frozen By CBN

The Central Bank of Nigeria obtained a federal court order to freeze 20 bank accounts linked to supporters of the #EndSARS campaign last month, court document obtained by Peoples Gazette showed. Governor Godwin Emefiele filed an ex-parte court application to freeze the account on October 20, which was promptly granted by Justice Ahmed Mohammed of the Abuja Division of the Federal High Court. Former attorney-general Michael Aondoakaa argued the case for the freezing of the accounts on behalf of CBN, documents showed. The bank accounts blocked included those run by Gatefield, a public interest think-tank, and Bassey Israel, a pharmacist. Gatefield has already filed a lawsuit challenging the freezing of its account. The banks that were ordered to freeze bank accounts of the #End...
EFCC Secures Court Order To Freeze Three Bank Accounts Belonging To Lagos Assembly Speaker, Obasa
Politics

EFCC Secures Court Order To Freeze Three Bank Accounts Belonging To Lagos Assembly Speaker, Obasa

The Economic and Financial Crimes Commission has obtained a court order granting the temporary forfeiture of three bank accounts belonging to Speaker of the Lagos State House of Assembly, Mudashiru Obasa. The court order was obtained from the Federal High Court, Lagos, on September 15, 2020. The bank accounts are to be frozen pending an investigation by the EFCC. The three bank accounts frozen are domiciled in Standard Chartered Bank under the name Mudashiru Ajayi Obasa. In obtaining the ex-parte order, the EFCC said the bank accounts are being investigated for conspiracy, diversion of funds, abuse of office and money laundering. DOCUMENT: EFCC Secures Court Order to Freeze Three Bank Accounts Belonging to Lagos Assembly Speaker, Obasa... by Sahara Reporters on Scribd S...
CBN Freeze Adebutu Kessington’s Bank Accounts For “Tax Fraud”
Business

CBN Freeze Adebutu Kessington’s Bank Accounts For “Tax Fraud”

The move by the apex bank comes months after the Economic and Financial Crimes Commission launched an investigation into the activities of Adebutu for alleged tax fraud and economic sabotage. The Central Bank of Nigeria has frozen the bank accounts of 38 Nigerian companies. This is as scarcity of dollars at the parallel market during the week forced the naira down to N465 against a United States dollar. Nigeria is presently facing one of its biggest dollar crunch in recent years with the impact hurting critical sectors of the economy. In a circular dated September 4, Bello Hassan, CBN’s Director of Banking Supervision, asked banks to place the accounts of the 38 companies on Post-No-Debit (PND) order “You are hereby required to place the under listed accounts on Post-No-Debi...
Emiefele Was Alarmed By Billions Of Naira In Sabiu Yusuf’s Account – kperogi
News

Emiefele Was Alarmed By Billions Of Naira In Sabiu Yusuf’s Account – kperogi

Someone told me CBN governor Emefiele was so alarmed by the hundreds of billions Sabiu "Tunde" Yusuf has in his name in personal bank accounts that he advised Sabiu to mask some of the bank accounts and to divvy up the amounts in them to save his neck in a post-Buhari dispensation. Sabiu reportedly said the billions in his accounts are "gifts" from from people. But why didn't he get such "gifts" when he was a recharge card seller? Accepting "gifts" for favors done while occupying a privileged government position (he's Buhari's Private Secretary and de facto Chief of Staff) is against the law. Aisha Buhari, who is herself neck-deep in unimaginable corruption, has commissioned people to take photos of Sabiu's multi-billion naira properties all over Nigeria. You may soon start seeing ...
64 Bank Accounts Linked To BVN Of Lagos Assembly Speaker, Obasa – SaharaReporters
Politics

64 Bank Accounts Linked To BVN Of Lagos Assembly Speaker, Obasa – SaharaReporters

At least 64 bank accounts have been discovered to be linked to the Bank Verification Number of Speaker of the Lagos State House of Assembly, Mudashiru Obasa. SaharaReporters discovered that the accounts registered with various names, are being used to siphon public funds in Lagos. The BVN reveals that Obasa operates accounts with multiple names in Polaris Bank, Zenith Bank, Access Bank, Ecobank Nigeria, Stanbic IBTC Bank, Guaranty Trust Bank, United Bank for Africa, First City Monument Bank and Wema Bank. To conceal his identity, the Speaker changed his name and date of birth in some of the accounts. Aside from using Ajayi Mudashiru Obasa, he also used Obasa Abdulrahman Gbadunola and Gabriel Adedoyin Savage to register some of the bank accounts. Some of the companies lin...
News

Millions of Nigerians will not have access to their bank accounts from January 2nd 2020

Nigerians are in for a shock as the Finance Bill currently passed by National Assembly has amended sections 33, 49 & 58 of the Personal Income Tax Act. Thus, individuals are required to produce their Tax Identification Numbers (TIN) before they can operate existing or new bank accounts in Nigeria. What this means is that, if you don't have TIN, you will not be able to operate your bank account. This may come as shock to many, but the important thing to do at this point is to ensure you have a TIN as the date for implementation has been set for 2nd of January 2020. The minister of finance, Zainab Ahmed, made this known to the public. If you run a registered business and have dealings with government, there is a likelihood you already have your TIN, so you should not have issues. The i...
Court Freezes Accounts Linked To Ex-governor, Ambode, Over N9.9bn Alleged Fraud
Politics

Court Freezes Accounts Linked To Ex-governor, Ambode, Over N9.9bn Alleged Fraud

A Lagos Division of the Federal High Court on Tuesday ordered the freezing of three bank accounts allegedly linked to the Lagos State government and former governor, Akinwunmi Ambode, over an alleged N9.9 billion fraud. Chuka Obiozor, the judge, ordered the temporary freezing of the accounts, domiciled in Zenith Bank, Access Bank, and First City Monument Bank, following an exparte application brought by the Economic and Financial Crimes Commission. According to the EFCC, N9.9 billion was paid from the state government’s accounts into the FCMB account opened on September 17, 2018, and operated by Adewale Adesanya, the permanent secretary in the Office of the Chief of Staff to Mr Ambode. The anti-graft commission urged the court to freeze the account pending the conclusion of th...
Senator Nwaoboshi, Disowns 11 Houses, Bank Accounts Seized By Court
Politics

Senator Nwaoboshi, Disowns 11 Houses, Bank Accounts Seized By Court

The Senator representing Delta North Senatorial District, Peter Nwaoboshi, on Sunday denied ownership of the 11 houses and 12 out of the 22 bank accounts frozen by the Federal High Court in Abuja. The court, presided over by Justice Taiwo Taiwo made the forfeiture order on July 2 but a certified true copy of the order was only issued on July 5 (Friday). The judge issued the order following an ex parte application by the Special Presidential Investigative Panel for the Recovery of Public Property. The ex parte application was moved by the panel’s lawyer, Celsus Ukpong, who described the assets as suspicious or suspected to be far beyond the legitimate income of Nwaoboshi. The accounts are in Zenith Bank, Access Bank, United Bank of Africa and Sterling Bank and were all joine...
What Onnoghen Will Forfeit In 5 Accounts To FG
Politics

What Onnoghen Will Forfeit In 5 Accounts To FG

The Code of Conduct Tribunal (CCT) yesterday convicted the suspended Chief Justice of Nigeria(CJN), Walter Onnoghen of false and non-declaration of assets. The tribunal chairman, Danladi Umar, also ordered the immediate removal of Onnoghen from office as the CJN and the Chairman of the National Judicial Council (NJC) as well as the Federal Judicial Service Commission (FJSC). Onnoghen convicted, banned from public office for 10 years The tribunal also ordered the forfeiture of all the monies in the five accounts the prosecution said Onnoghen failed to declare. They are Domiciliary US Dollar account No. 870001062650 – $56,878* Domiciliary Pound Sterling account No.285001062679 – £13,730.70. Domiciliary Euro account No. 93001062686 – €10,187.18. e-Saver savings (Naira) account No.500106...
EFCC Arrests Man Impersonating Custom’s Boss, Hameed Ali
News

EFCC Arrests Man Impersonating Custom’s Boss, Hameed Ali

The Ilorin Zonal Office of EFCC on February 20, 2019, arrested one Azeez Yakubu Afolayan for impersonating the Comptroller General, Nigeria Customs Service, Col. Hameed Ali(retd) and using his name to scam job seekers. Afolayan was arrested by EFCC operatives on March 5, 2019 following complaints from one of his victims. Trouble started for him when a staff of the Customs Service, Hasaan Garba Muhammed petitioned the EFCC, accusing him of defrauding innocent Nigerians, seeking employment into the Service. He had so far defrauded them of about N1 million. Under interrogation, he admitted to the crime. He said: “I started duping people since 2017 up till date, I duped about five people, I collected different amount of money from my victims and all of them used to transfer money ...
Onnoghen: BVN Reveals More Accounts
Politics

Onnoghen: BVN Reveals More Accounts

A Bank Verification Number (BVN) search may have exposed more accounts linked to the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen. Detectives are understood to have written three banks for details of the alleged accounts of the suspended CJN. The banks are Standard Chartered Bank, Union Bank and Heritage Bank, according to a preliminary report on the activities of Onnoghen by the Nigerian Financial Intelligence Unit (NFIU) and other agencies. The CJN is accused of false declaration of assets. A six-count charge has been filed against him. Further investigation into Onnoghen’s accounts notwithstanding, the United States of America, the United Kingdom and the European Commission (EU) yesterday urged caution on the part of the federal government in its han...
Buhari Is Using Trader Money To Re-Loot Abacha Loot And Buy Votes – Fayose
Politics

Buhari Is Using Trader Money To Re-Loot Abacha Loot And Buy Votes – Fayose

Fayose Accuses Buhari Of Vote Buying Immediate past Governor of Ekiti State, Mr. Ayodele Fayose has said the Federal Government TraderMoni Scheme was not only an avenue for advanced votes buying but direct “relooting of the Abacha loots.” Asking the economic sense in the Vice President, Prof. Yemi Osinbajo leaving Abuja and spending about N25 million on maintenance of presidential jet as well as allowances for himself, aides, protocols, security and others just to share say N10 million. Fayose said if the Federal Government was sincere about the TraderMoni, the fund should have been paid into bank accounts of beneficiaries so that the disbursement can be traced and properly audited, adding that “When I was governor, more than 20,000 people got N5,000 monthly stipend and the money ...
Police Bust Nigerian-Led Gang That Cheated 21 people in India
News

Police Bust Nigerian-Led Gang That Cheated 21 people in India

The Ahmedabad cybercrime police on Monday, December 9, busted a racket involving six members from Nigeria, Uganda and India. According to the complaint filed by one of the victims, one Nigerian national identified as Lawrence Okosun,40, sent Kheradiya a friend request on Facebook claiming to be based in London. The two exchanged phone numbers, started chatting on WhatsApp and became friends.  After winning his confidence, the accused informed the victim that he was looking for a business partner in India to help him acquire raw material for his cancer research. With promises of high returns, the accused appointed an agent in India and lured the victim to buy one litre of "Crenulata liquid vv extra solution" worth Rs 5 lakh as a sample from him. The solution was supposed to be raw ...
Peter Obi’s Bank Accounts Frozen
Politics

Peter Obi’s Bank Accounts Frozen

Below is a press statement from the Peoples Democratic Party, PDP made available to PoliticsNGR, signed by its national Publicity Secretary, Kola Ologbondiyan; "The Peoples Democratic Party (PDP) Presidential Campaign Organization (PPCO) decries the stoppage of transactions on all accounts belonging to PDP Vice presidential candidate, Mr. Peter Obi, wife, his family members and their businesses by agencies of the Muhammadu Buhari administration. Since his nomination, Peter Obi, apart from facing series of failed attempts by the APC to destroy his reputation, has also continued to receive all manners of threats and blackmail, including threats to his life and those of his wife and children. Having realized that the majority of Nigerians are rallying behind the duo of Atiku Abubak...
Paraded ‘Criminal’ Reveals The Shocking Way He Easily Hacks Into Bank Accounts To Steal
Crime

Paraded ‘Criminal’ Reveals The Shocking Way He Easily Hacks Into Bank Accounts To Steal

A man who is being paraded for committing grievous criminal acts, has revealed how he hacks into people's bank accounts to steal. Some of the paraded men Olalekan Ayoola, a 23-year-old man, yesterday told police in Lagos how he hacked into people’s bank accounts with a software application to withdraw money. According to New Telegraph, Ayoola’s confession led to the arrest of other suspects – Sodiq Olalere, Ayobami Adebayo (21), Muftau Ibrahim (25), Ogundiran Adeniyi (24), Emmanuel Chukwu (25) and Dare Oyetola (32). They were arrested at Alaba area of the Lagos metropolis. “I can hack into some banks which do not have security with ease as well as customers’ accounts after stealing their Automated Teller Machine (ATM) cards. “I was thought how to use software c...
Atiku Vs Osinbajo: Keyamo Hits Former Vice President Over Restructuring
Politics

Atiku Vs Osinbajo: Keyamo Hits Former Vice President Over Restructuring

Festus Keyamo, the Director of Media for the President Muhammadu Buhari Campaign Organisation has reacted to the war of words between Vice President Yemi Osinbajo and Atiku Abubakar on restructuring of Nigeria. Osinbajo on Tuesday in reaction to a statement credited to Atiku faulting his stance on the restructuring of Nigeria said the problem of Nigeria was not geographical restructuring but prudent management of national resources. The Vice President insisted that restructuring in “whatever shape or form, will not mean much if our political leaders see public resources as an extension of their bank accounts.” However, Atiku again replied Osinbajo insisting that restructuring is a necessity, not an option. He warned the the vice president not to attempt to reverse history b...
EFCC Freezes 30 Bank Accounts Linked To Jonathan’s Campaign Director
News

EFCC Freezes 30 Bank Accounts Linked To Jonathan’s Campaign Director

The Economic and Financial crimes commission has frozen 30 bank accounts tied to Dr. Ngozi Olojeme, the deputy chairman, Finance committee of the Goodluck Jonathan Campaign organization in the 2015 general elections. This is arising barely 3 months after 37 houses linked to Olojeme were seized by the anti-graft commission. Olojeme was the chairman of the Nigerian social insurance trust fund from 2009 to 2015. A source at the EFCC revealed that “She has about 26 accounts with First Bank and four at Guaranty Trust Bank. The accounts have been frozen pending investigations.” It was also gathered that she placed a ‘Post No Debit’ order on 30 accounts.The 37 properties seized from here are located in Abuja, Bayelsa, Enugu and Delta. The property seizures are part of investigations i...
Court Unfreezes Patience Jonathan’s 16 Bank Accounts
News

Court Unfreezes Patience Jonathan’s 16 Bank Accounts

The Federal High Court in the Federal Capital Territory reportedly unfrozen the bank accounts belonging to former Nigerian First Lady, Patience Jonathan. According to a Vanguard report, the Federal High Court in Abuja, on Tuesday, vacated an order it made on May 30, freezing 16 separate bank accounts linked to wife of former President Goodluck Jonathan, Patience. Justice Binta Nyako lifted the order that barred Mrs. Jonathan and 10 different organizations connected to her, from having access to the bank accounts containing aggregate sums of $5.8million and N3.5billion. The court took the decision after it heard an application that Mrs. Jonathan and the 10 companies filed to challenge an ex-parte order that granted the Economic and Financial Crimes Commission, EFCC, interim ownersh...
Journalists, CSOs Criticise Saraki’s Court Order Freezing Sahara Reporters’ Bank Accounts
News

Journalists, CSOs Criticise Saraki’s Court Order Freezing Sahara Reporters’ Bank Accounts

An order of a Kwara State High Court which blocked bank accounts linked to an online media platform, Sahara Reporters, about four months ago has been criticised by a coalition of media and Civil Society Organisations, CSOs. The group, Coalition for Press Freedom and Whistleblower Protection (CPFWP) made their position known in a joint statement signed by 15 of its members on Wednesday. It further condemned delays in the judicial process to reverse the order. The Senate President, Bukola Saraki, instituted the case in Ilorin, where he ruled for eight years as governor, accusing Sahara Reporters of publishing defamatory content against his personality. The four stories at issue, which included news and opinion contents, were published between September and December 2015, court filings pu...
Gambian Government Confiscates 86 Bank Accounts, 131 Properties Owned By Yahaya Jammeh
News

Gambian Government Confiscates 86 Bank Accounts, 131 Properties Owned By Yahaya Jammeh

The Gambian government has confiscated assets 86 bank accounts and 131 properties owned by the country's former dictator, Mr. Yahya Jammeh, as investigations into his illegally acquired wealth intensifies. This was disclosed by the country's Justice Minister, Mr. Aboubaccar Tambedou, on Monday. The new Gambian government, headed by Mr. Adama Barrow, has accused Mr. Jammeh of large-scale fraud, including theft of public funds during his 22-year rule, which was terminated via an electoral defeat in December and subsequent exile in January. Since being forced into exile, Mr. Jammeh has fallen off the radar and has continually avoided answering journalists' queries about the accusations against him. "The government has obtained a court order to freeze and place temporary hold on all of ...
“Senator Peter Nwaoboshi Has 20 Bank Accounts In 6 Banks”
News

“Senator Peter Nwaoboshi Has 20 Bank Accounts In 6 Banks”

FLASH James Ibori's Senator Peter Nwaoboshi took N4billion from Delta State for a contract he didn't execute, has undeclared assets in Lagos EFCC probes lawmaker’s assets missing on Code of Conduct Bureau form A senator is the subject of a massive probe for not executing N4 billion contracts awarded by the government of Delta State, The Nation learnt yesterday. Sources told The Nation yesterday that the Economic and Financial Crimes Commission (EFCC) was also looking into how the lawmaker operates 20 accounts in six banks with different signatories. Besides, the senator allegedly used a company, to buy a 12-storey building in Apapa, Lagos, belonging to the Delta State Government for N805 million. The Nation learnt that the Code of Conduct Bureau (CCB) record showed that the ...
Court Freezes Stella Oduah’s Firms’ Accounts Over $16.4m, N100m Debt
News

Court Freezes Stella Oduah’s Firms’ Accounts Over $16.4m, N100m Debt

The Federal High Court in Lagos has frozen the bank accounts of four companies linked to a former Minister of Aviation, Stella Oduah, over alleged indebtedness of $16,412,819.06 and N100,493,225.59. The four companies whose accounts were frozen in 21 commercial banks in the country are Sea Petroleum and Gas Company Limited, Sea Shipping Agency Limited, Rotary Engineering Services Limited, and Tour Afrique Company Limited. Justice Abdulaziz Anka, who made the freezing order, barred Oduah and the directors of the four companies from making any withdrawal from their bank accounts pending the determination of a debt recovery suit filed against them by Sterling Bank Plc.  The bank, in an affidavit deposed to by one of its managers, Mr. Segun Akinsanya, averred that the debt stemmed from ...
Patience Jonathan Threatens EFCC “Release My Money Or Face Trouble”
News

Patience Jonathan Threatens EFCC “Release My Money Or Face Trouble”

Former First Lady, Patience Ibifaka Jonathan, has threatened to drag the Economic and Financial Crimes Commission (EFCC) before the African Commission on Human and Peoples Rights in The Gambia if her bank accounts are not de-freezed and a public apology tendered immediately. Mama Peace said she will also demand N5billion as “damages.” In a fresh letter from her lawyers, First Law Solicitors and addressed to the EFCC Chairman, Ibrahim Magu, Mrs. Jonathan insisted the agency must publicly apologise to her and lift any restrictions on her dollar accounts at Skye Bank Plc. The letter from First Law Solicitors was signed by Senior Partner, Timipa Jenkins Okponipere, on behalf of the company. “Consequently, we urge the EFCC to de-freeze our client’s accounts within 14 days from Septemb...
Houseboy, Driver’s Names Used To Open Bank Accounts For Patience Jonathan’s Dollars
Scandals and Rumours

Houseboy, Driver’s Names Used To Open Bank Accounts For Patience Jonathan’s Dollars

The Economic and Financial Crimes Commission has arrested four domestic servants, including a driver and a houseboy, whose names were used to open bank accounts for Mrs Dame Patience Jonathan, the wife of former President Goodluck Jonathan. Sources within the anti-graft agency said on Sunday that the companies’ accounts were opened at one of the new generational banks. The companies are Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited, Trans Ocean Property and Investment Company Limited and Globus Integrated Service Limited. The four companies’ accounts, which have since been frozen by the EFCC, have a balance of about $15m while another account, which bears Patience Jonathan’s name, has $5m. Mr. Sammie Somiari, who depo...
Iyiola Omisore, Musiliu Obanikoro’s Sons Bank Accounts frozen by EFCC
News

Iyiola Omisore, Musiliu Obanikoro’s Sons Bank Accounts frozen by EFCC

The Economic and Financial Crimes Commission has reportedly frozen five bank accounts linked to former Deputy Governor of Osun State, Senator Iyiola Omisore, and the two sons of immediate past Minister of State of Defence, Senator Musiliu Obanikoro. The accounts were frozen by the anti-graft agency as part of investigation into the N4.7 billion allegedly diverted from the Office of the National Security Adviser. The accounts said to have been frozen by the EFCC include the Sylvan McNamara (number 0026223714 with Diamond Bank); Sawanara Limited with First Bank; Fimex Gilt Limited with the United Bank for Africa; and Metropolitan Consortium with First Bank, the Punch reports. Speaking on the issue, a detective with the EFCC told the Punch that, “On July 9, 2014, N150m was paid int...
EFCC Recovers N900m From Waripamowei Dudafa
News

EFCC Recovers N900m From Waripamowei Dudafa

The Economic and Financial Crimes Commission has recovered N900m from Mr. Waripamowei Dudafa, a former Special Assistant on Domestic Affairs to ex-President Goodluck Jonathan. A reliable source at the EFCC told a Punch correspondent on Sunday that the money was found in one of Dudafa’s accounts, which was immediately frozen. The source said, “Dudafa told us that he had no money; so, we began to investigate his accounts. We then found N900m that was hidden in one of his accounts through the connivance of his account officer. “Dudafa initially denied owning the account but when he was confronted with evidence, he had no choice but to admit. Some people, who had paid money into the account based on Dudafa’s instructions, even came forward to say that the account indeed belonged to Dudafa....