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24-Yr-Old Undergraduate Defrauds Lagos Company Of N900,000

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A 24-year-old undergraduate of the Lagos State Polytechnic, Ikorodu, Busayo Ayedun, is undergoing trial before a Yaba Magistrate Court for allegedly defrauding a company, CD Care Limited, of goods and cash worth over N900,000 in the state.

The defendant is facing eight-count bordering on deliberate and unlawful conspiracy, felony, defrauding, deceit, pretense, stealing, forgery, and false representation.

The police prosecutor, Inspector Godwin Oriabure, told the court that the accused committed the crime between July 10, 2021, and October 31, 2021, around Adenike Street, in the Fadeyi area of the state.

The charges read in part, “That you, Busayo Ayedun, and others at large, between July 10, 2021, and October 31, 2022, between 8 am to 6 pm at Adenike Street, Fadeyi, Lagos State, in the Lagos Magisterial District, did deliberately and unlawfully conspired among yourselves to deceive and defraud CD Care Limited of goods valued at N911,709, 84.”

Narrating how the crime was committed, the prosecutor’s witness, a sales agent in the company, Oluwatobi Odukoya, told the court that Ayedun, on the said dates, ordered a Samsung Galaxy A12, an iPhone 12 mini, a Binatone standing fan all worth N638,706,000 online.

Odukoya said Ayedun also requested a refund of a claimed payment that she made to the company and got a refund worth N273,003,81.

He added that it was discovered that Ayedun ordered all the items using three different names which were, Wahab Adeyemo, Ayedun Ibiyemi, and Shoberu Michael.

After the company found out that it had been defrauded and that all the payments Ayedun claimed to have made with bank statements and payment receipts were false, Odukoya said she was contacted via phone calls and Whatsapp messages to come within the space of three months to clarify the misconception.

Odukoya said Ayedun did not show up, adding that the company reported to the police who arrested her and retrieved one of the phones.

In her defense, Ayedun said she paid some of the money using her roommate’s point-of-sale machine, adding that all the details were in the phone retrieved by the police.

She added, “I live in school in Ikorodu with my roommate. My school is Lagos State Polytechnic, Ikorodu.”

The Chief Magistrate, O. A. Salawu ordered the accused to retrieve evidence of payment from her roommate’s PoS machine with dates and present them before the court during the next trial.

Salawu adjourned the case till January 26, 2023, for cross-examination and continuation of trial.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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BIG STORY

JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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BIG STORY

Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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