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Alleged Forgery: Innoson Loses In Court As Judge Dismiss Applications Seeking To Stop Arrest

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The Federal High Court in Lagos State has dismissed series of applications filed by the CEO of Innoson Motors Nigeria, Innocent Chukwuma, seeking to stop his arrest.

The applications have been stalling the hearing of the motion for Chukwuma’s arrest, which was filed since October 16, 2017

While dismissing the applications yesterday, Justice Ayotunde Faji of the Federal High Court, fixed December 7, for the hearing of the motion seeking the issuance of bench warrant against Chukwuma and four others for their refusal to appear before the court for the arraignment over alleged forgery.

Others included in the forgery charge which the prosecution is seeking for their arrest include Charles Chukwu and Annajekwu Sunny.

NAN reports that all the accused have failed to appear before the court to face trial.

Justice Faji dismissed Innoson boss’s applications to stay proceedings on Friday following a decision of the Court of Appeal, Lagos, which had refused grant an appeal seeking to stay further proceedings in the criminal charge pending before the lower court.

The trial judge, Justice Faji, had on January 11, 2018, ordered a stay of proceedings, in the criminal charge filed by the Inspector-General of Police against the defendants pending the outcome of the appeal filed by Innoson boss and others.

Following the refusal of the Court of Appeal to concede to the defendants’ request, the prosecutor, Mr. Julius Ajakaiye, a director in the Federal Ministry of Justice, asked the court for a date for hearing of the motion.

However, following the agreement of the parties, the matter was adjourned till December 7, for hearing of the motion seeking the defendants’ arrest.

AGF had filed a criminal charge against Mr. Chukwuma and four other persons over alleged forgery.

The accused persons are to face a four count-charge bordering on forgery, documents falsification, documents alteration, which was alleged to have been used in obtaining a loan of N2.4 billion from Guaranty Trust bank.

The offences alleged to have been committed by the accused persons are contrary to and punishable under sections 3(6),1(2)(C) of the miscellaneous offences Act Cap. M 17 Laws of the Federation, 2004

In a four-count amended criminal charge marked FHC/L/565/C/2015, AGF alleged that against the accused persons alleged to had between January, 2010 and April, 2011, at Apapa Wharf criminally conspired amongst themselves to wit, falsification of Shipping Documents which they deposited with Mitsui Osk Lines Lagos which was used as collateral for the purpose of clearance of raw materials polyvinylchloride (PVC ) for the production of roof ceiling and other imported items.

The defendants have been in discontinuance and disrespect this court. Instead of answering the charge against them, they have been filing several frivolous applications before the Court.

In a four-count amended criminal charge marked FHC /L/565/C/2015 filed before the court by Mr. Mohammed Saidu Diri a Director from the Office of Public Prosecutions, Federal Ministry of Justice,

It was alleged that the accused persons same time and place did without lawful authority and with intent to defraud, alter the shipping clearance documents to the shipping Line Mitsui Osk Lines which was used as collateral for the purpose of obtaining a loan of N2.4 billion from Guaranty Trust Bank (GTB), for the purpose of clearing raw material Polyvinylchloride for the production of roof ceiling and other imported items

The accused persons were also alleged to have falsely and fraudulently represented as genuine, the altered shipping documents and presented same to a bank to obtain a loan of N2.4 billion. Alleged Forgery: AGF Urges Court to Issue Bench Warrant Against Innoson Motors Boss, Mr. Innocent Chukwuma.

NEWS

Money Laundering: Ex-Skye Bank Chairman, Tunde Ayeni Arraigned; Gets N50m Bail

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A Federal High Court in Abuja on Monday admitted Tunde Ayeni, a former Chairman of the defunct Skye Bank Plc, now Polaris Bank, and a former Managing Director of the bank, Timothy Oguntayo, to bail in the sum of N50 million each.

The Economic and Financial Crimes Commission charged Ayeni and Oguntayo with money laundering, involving N4.75 billion and $5 million.

The trial Judge, Justice Nnamdi Dimgba, who admitted Ayeni and Oguntayo to bail, also ordered them to produce two sureties each in like sum.

Justice Dimgba ordered that if the two failed to perfect their bail conditions within 36 hours, they would be remanded in Kuje Prison.

He also ordered that if surety was a civil servant, he or she must be on GL 15 and if a private citizen, the person must own landed property in Abuja or Lagos.

Dimgba ruled that the sureties must deposit their international passports with the registry of the court.

He later adjourned the matter until February 13 and 14, 2019 for the commencement of trial.

Earlier, following the not guilty plea, the prosecuting counsel, Abba Mohammed, prayed the court for a date to commence trial.

Mohammed also urged the court to remand the defendants in prison custody pending commencement of trial.

Dele Adesina (SAN), counsel to Ayeni, and Tola Oshodi (SAN), counsel to Oguntayo, however told the court that there were pending bail applications filed on behalf of their clients which had already been served on the prosecution.

The EFCC alleged that the offence took place between 2014 and 2015.

They both pleaded not guilty to the eight-count charge preferred against them by the anti-graft agency.

In the charge, the EFCC said: “You, Mr Tunde Ayeni whilst being the Chairman Board of Directors of Skye Bank Plc and Timothy Oguntayo whilst being the Managing Director and Chief Executive of Skye Bank between 2014 and 2015 conspired at different times to do on illegal act.”

The agency said Ayeni received the delivery of the sums of money totalling N4.75 billion and $5 million belonging to Skye Bank Plc contrary to the provisions of Section 1(a) of Money Laundering (Prohibition) Act 2011 (as Amended) read together with section 18(a) of Money Laundering (Prohibition) Act 2011 (as Amended) and punishable under Section 16(2) (b) of the Money Laundering (Prohibition) Act 2011 (as Amended).

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LIFESTYLE

Reasons Why You Should Attend The ‘Style By Zenith’ Fair 2018 !!!

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Fellas, you don’t wanna miss this Life Time Opportunity!!!

Attending this Prestigious Event will help you improve your Lifestyle and give you all you need to be that man/woman that you want the world to see…

Ever wanted to SLAY with your choice of LIFESTYLE???
This is the Event to be….

Are you a Purveyor and you seek to sell your Lifestyle Products to a Large number of People and make more sales, which in turn results to more money??
This is the Event to be….

Are you still contemplating on Attending??? 🤔😊

Consider The Following Attractions:

° You get access to a wide variety of Lifestyle Products & Services along with Quality Discounts for People that make Payments using Zenith Bank Cards, Scan to Pay or *966# on POS.

° Networking with High Minds & Different People from all walks of life.

° Have Explicit Fun as you wish, as 2018 comes to a Close.

° Performances by Nigerian Artistes.

° Runway Model Display.

° Play Area for Children with Age Appropriate Entertainment & and Lots More….

Excited?? 
We’re too…

We STYLE …. You SLAY!!!

It’s Happening Live on the 29th & 30th of December 2018 @ Prince Alaba Oniru Road, After Four Points by Sheraton, Oniru Estate.

Time 9am Prompt!!!

Style By Zenith Fair 2018

Live your Best Life….

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NEWS

NASCON Launches New Dangote Classic Seasoning Cubes

Gbemileke Ajayi

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Management of the NASCON Allied Industries Plc, a subsidiary of the Dangote Industries Limited has pledged its commitment towards a healthy living by the people by producing products that meet the physical and mental needs of the people.

Executive Director, Commercial NASCON Allied Plc, Fatima Aliko Dangote gave this pledge in Kano during the unveiling of new Classic Seasoning Cube in addition to its array of food seasonings already in the market.

The new product which the NASCON boss described as a product of thorough and painstaking research into the preference of the people in the seasoning sub sector of the food industry came in the wake of a similar launch recently, of new Curry Powder and Stew Mix from the stable of NASCON.

Fatima Aliko Dangote said she had no doubt in her mind that the new product would be an instant hit given its unique taste, flavor and aroma noting that the new classic seasoning cubes and stew mix were created with a special blend of herbs and spices to give meals that unique taste and great aroma.

She described the new classic seasoning as a new innovation birthed after years of consumer led research and development, and urged distributors, marketers, eateries and consumers to immediately key into it.

Lacing her remarks with the Hausa local dialet, while explaining the strengths of the product, she described the seasoning as Karshen Magana meaning the real deal and that it is second to none in the market throughout the country.

According to her, the management of NASCON decided to go into the research for the new product bearing in mind that wellbeing is reduced by poor diet yet it is expensive to be unhealthy.

Good nutrition, she stated maintained immune system and delays the effect of aging because it reduces the risk of chronic disease while poor diet reduces physical and mental health. She therefore urged women to try the new seasoning cubes, stew mix and curry powder, as they would ensure meal moments are great moments.

Fatima Aliko Dangote assured that the products would be launched in other parts of the country very soon, adding that despite the high innovative quality, they are affordable and available with various promotional items to be given out to the distributors and consumers.

In his remark, the Group Managing Director of NASCON Allied Plc Mr. Paul Farrer assured that the new product is a high margin product that would help ensure distributors and customers remain profitable, describing the new product as premium but affordable to the consumers.

The Company used the occasion to introduce its Brand Ambassador to the customers, in the person of renowned Kannywood multi-talented actress Hadiza Gabon, who described the Dangote Seasoning cubes as a seasoning with great flavor, and good taste while recommending it to all women in Nigeria.

Speaking to media men in an interview at the event, NASCON key distributor, Alhaji Hamisu Rabiu of Hamis Investment in Kano described NASCON products as fast moving and of good quality. He urged other distributors and retailers across the country to immediately key into the new classic cube, Dangote stew mix and Dangote curry powder.

At the launch Wednesday about 300 distributors, wholesalers and retailers were excited and most express optimism that it will up the market of NASCON.

Head of Marketing of NASCON Allied Industries Plc, Mr. Olusegun Ajala expressed optimism that the “innovative brand will up the company’s market share exponentially because of its unique taste and aroma.

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