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How 4 Fidelity Bank staff allegedly stole N874m- EFCC witness

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The trial of four staff of Fidelity Bank, for an alleged N874 million fraud before Justice Oluwatoyin Taiwo of a Special Offences Court sitting in Ikeja, Lagos continued on Thursday with the Economic and Financial Crimes Commission, EFCC presenting its third witness.

It also tendered more exhibit against the defendants, including a DVD of the bank’s CCTV footage

The defendants are: Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma, Jude Aphaeus, and a non-staff of the bank, Omidiji Joseph,

The defendants are being prosecuted by the EFCC on two counts for their various roles in the alleged hacking of the bank’s database and cloning of more than 22 ATM cards used to steal and divert to personal use about N874 million belonging to five of the bank’s corporate customers – American International Insurance Company Limited (AIICO), Interswitch, OVH Energy Marketing Ltd, Fidelity Bank sinking fund account and FSL Securities Ltd.

They had pleaded “not guilty” to the charges, prompting their full-blown trial.

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At today’s proceeding, the third prosecution witness, Chimdinma Peter, an operative of the EFCC narrated to the Court the findings of the EFCC’s investigation into the alleged fraud.

Led in evidence by the prosecuting counsel, Nnaemeka Omewa, the witness told the Court that the EFCC received a petition from Fidelity Bank on the alleged fraud and immediately swung into action.

He said: “Upon receipt, we commenced investigation into the alleged fraud, which we found out was perpetrated using the Postillion App.

“We accessed the banking app domiciled in the server to ascertain the IP address used. It pointed to a System domiciled at the Virtual Unit of the bank domiciled in Lagos.

“The System was identified and we found out it was used to de-link already existing ATM cards, and link them to some other accounts.”

According to him, investigation revealed that the ATM cards were linked to the five “victimised accounts” from which N874 million was withdrawn at different times.

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He said: “The System used was identified and we observed that for it to be accessed, login details must be used.

“We found out that the profile used belonged to the third and fourth defendants.

“We reviewed the activities of the Virtual Unit and found out that three members of staff of the Unit also viewed the affected accounts prior to the withdrawals when they had no reason to do so.

“For the Virtual Unit of the bank to view an account, there must be a request from the Qserve, but a review for the period from 9th to 15th July 2019 did not reveal any request to the Virtual Unit of the bank.”

Testifying further, he noted that when the accounts were linked to the ATM cards, money was withdrawn in cash and also transferred to other bank accounts including one King Dommy Enterprise.

He said: “King Dommy Enterprise received several inflows of tranches of N908,000 totalling N136 million debited from FSL.

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“From this, N50 million was transferred to the account of the fifth defendant, Omidiji Joseph Olanrewaju on 15th July, which was thereafter disbursed to different accounts including Findrex Aviation business school and Waltham BDC.”

The third and fourth defendants, he said, claimed ignorance of the use of their profile login details to access the Postillion App during the period the alleged fraud was perpetrated.

“The Application was used to increase the daily withdrawal limit from N150,000 to N100 million,” he added.

 

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Lagos gives squatters inside abandoned Ikoyi Towers 48-hour quit notice

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The Lagos State Government has given a 48-hour quit notice to illegal occupants of abandoned Ikoyi Towers in Lagos Island.

 

The state’s Commissioner for Environment and Water Resources Tokunbo Wahab gave the notice on Saturday during an inspection of some sites, including the Federal Government-owned Ikoyi Towers.

“We were also on a site inspection to assess enforcement of Osborne underbridge after the illegal structures harbouring several persons were removed,” the commissioner wrote on his X account.

“Abandoned Ikoyi Towers which we observed were housing illegal occupants posing a security threat to the environment and nuisance to the State. An undocumented number of persons running into hundreds were seen in the premises with no sanitary provisions, and whose daily activities could not be ascertained. They have been given a 48-hour vacation notice to leave the area.”

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He also said, “Stagnant water bodies were also observed in the canal in Ebutte Elefun – Adeniji Adele, Lagos Island. Illegal structures and other business activities such as block/cement moulding were found along the fence of Ebutte Elefun High School. We have given a directive for the removal of these infractions.”

 

In recent months, the Lagos State Government has ramped up its clampdown on illegal structures to contain flooding and save lives.

Just last week, it cleared some illegal structures in under-bridge apartments where occupants pay as much as N250,000 yearly.

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Nigerian couple convicted of forced labour, faces 20 years in US prison

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A Nigerian couple based in the United States has been convicted of forced labour by a federal jury in New Jersey and faces 20 years imprisonment.

Isiaka Bolarinwa, 67, and Bolaji Bolarinwa, 50 — who are both US citizens were also found guilty of operating a coercive scheme to compel two victims to perform domestic labour and childcare in their home.

Speaking at the end of the trial on April 24, Kristen Clarke, assistant attorney general, said the husband and wife lured the victims to the US with promises of a better life and an education but instead subjected them to hours of physical and psychological abuse.

“The defendants confiscated the victims’ passports, threatened them, degraded them, physically abused them and kept them under constant surveillance, all to coerce the victims’ labor and ruthlessly exploit them for the defendants’ own profit,” Clarke said.

 

“Human trafficking is a heinous crime, and this verdict should send the very clear message that the justice department will investigate and vigorously prosecute these cases to hold human traffickers accountable and bring justice to their victims.”

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According to the evidence presented at trial, including the testimony of two victims, the incident happened between December 2015 and October 2016.

“Once Victim 1 arrived in the United States in December 2015, Bolaji Bolarinwa confiscated her passport and coerced her through threats of physical harm to her and her daughter, verbal abuse, isolation and constant surveillance to compel her to work every day, around the clock for nearly a year,” the court heard.

 

“Isiaka was aware of his wife’s threats and abusive behavior toward Victim 1 and directly benefited from Victim 1’s cooking, cleaning and childcare.

“The defendants then recruited Victim 2 to come to the United States on a student visa.

“When Victim 2 arrived in the United States in April 2016, Bolaji Bolarinwa similarly confiscated her passport and coerced her to perform household work and childcare but relied more heavily on physical abuse.

 

“On at least one occasion, Isiaka Bolarinwa also physically abused Vitim 2, and he was aware of his wife’s coercive, abusive behavior toward Victim 2 and directly benefited from her cleaning and childcare.”

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The US department of justice (DOJ) said both victims endured the abuse until October 2016, when one of them (victim 1) summoned the courage to outcry to a professor at her college, who in turn, reported the targets to the Federal Bureau of Investigation (FBI).

Both defendants face a maximum penalty of 20 years in prison for each forced labour count and a maximum penalty of 10 years in prison for the alien harbouring count.

The DOJ added that they will also be required to pay mandatory restitution to the victims and each faces a fine on each count of up to $250,000 or twice the gross gain or gross loss from the offence, whichever is greatest.

 

A sentencing hearing will be scheduled at a later date.

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Police interrogates Mohbad’s PA, Darosha over singer’s death

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Boluwatife Adeyemo, also known as Darosha, who was the Personal Assistant to the late singer, Ilerioluwa Aloba, aka Mohbad, has been interrogated by the Nigeria Police Force.

According to reports, Darosha visited the Zone 2 Command headquarters on Thursday following a police invitation.

Also present at the meeting were Mohbad’s mother, Abosede and his father, Joseph.

 

The lawyer of Aloba’s family, Monisola Odumosu, who disclosed this on Saturday, said Darosha was invited to name those who instructed him to embalm the late singer in his home when he died on September 12, 2023.

Odumosu said, “The police invited Darosha and interrogated him based on a petition written and signed by Emmanuel Oroko of the Hillceetee Partners on the instruction of Mohbad’s father.

 

“He had visited alone earlier in the week, but was asked to return on Thursday when Mohbad’s father and mother would be present, which he did.”

Odumosu disclosed further that a statement was taken from Darosha in which he mentioned those who were present when the deceased was embalmed.

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The lawyer added that the police had invited those mentioned in the statement.

“Those present at the residence of the late Ilerioluwa Aloba when the embalmment was done will appear before the investigation panel of the police.

“The local embalmment violates the Coroner’s System Law 2007: Section 48 of this law addresses the offences and penalties of tampering with a dead body contrary to Section 16.

“The police, upon interrogating Darosha, have asked all those mentioned in his statement to be brought in for further interrogation. When Mohbad died, there were allegations that he was given local embalming without authorisation from his father or a death certificate from any medical practitioner who could certify the cause of the death of the late singer,” he added.

 

Mohbad’s father had alleged that his son’s body was already embalmed and placed by the staircase when he arrived at the deceased’s home the day he died.

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He made this known while calling on the police to intensify the investigation to unravel the cause of his son’s death.

Mohbad died on September 12 at the age of 27, with the circumstances surrounding his death sparking controversies on social media.

Mohbad, a former record label signee of Marlian Music owned by Naira Marley, left the label in February 2022.

The Lagos State Police Command inaugurated on September 18, 2023, a 13-man special investigation team to probe the death.

His death also led to the arrest of Naira Marley and controversial Lagos socialite Balogun Eletu, aka Sam Larry, amongst others.

The body of Mohbad was exhumed on September 21, 2023, for an autopsy to unravel the cause of his death.

The state Police Public Relations Officer, Benjamin Hundeyin, tweeted in September 2023 that an autopsy had been concluded and the police were “awaiting results.”

The toxicology test carried out to determine the cause of death of the late music star had been concluded.

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The result had been sent to the pathologist who carried out the autopsy to analyse and interpret it.

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