Favour's blog

  A Federal High Court sitting in Lagos has granted the final forfeiture of two luxury vehicles—a white Bentley Coupe and a blue Toyota Venza—linked to a suspected internet fraudster, German Onoriode. The decision followed an application filed by the Economic and Financial Crimes Commission (EFCC). In addition to the vehicles, Justice Dehinde Dipeolu also approved an interim forfeiture of $20,000, CFA 110,000, and a blue Nissan Almera, all suspected to be proceeds of cybercrime. Background of the Case According to EFCC’s affidavit presented in court, the items were recovered during a sting operation carried out on August 14, 2023, in Ocean Bay Estate, Lekki, Lagos. While multiple suspects were arrested, Onoriode allegedly evaded arrest, abandoning his vehicles and leaving behind incriminating documents. Investigations revealed that the Bentley Coupe was imported using funds linked to fraudulent transactions. Additionally, financial records showed that over ₦500 million had been fun...

Kano State Police Command has apprehended three individuals in possession of counterfeit currencies valued at a staggering ₦129.54 billion. Speaking during a press briefing on Tuesday, the Command’s Public Relations Officer, SP Abdullahi Haruna Kiyawa, disclosed the recovery of fake currencies, including $3,366,000, CFA51,970,000, and ₦1,443,000. "The counterfeit currencies recovered amount to a total of ₦129,542,826,000," Kiyawa revealed. According to the spokesperson, the suspects are currently in police custody and assisting with investigations to uncover the origin of the counterfeit notes and the individuals behind their production. The arrest underscores the police's commitment to combating financial crimes and protecting the nation’s economy. Further updates on the case are expected as investigations progress. Follow us on Facebook @ Favour's blog , on Instagram @ Favour's blog , on X@ Favour's blog

  FCT High Court Rejects Bail Application by Ex-Kogi Governor Yahaya Bello in N110 Billion Fraud Case Abuja, Nigeria – December 2024 – The Federal Capital Territory (FCT) High Court has dismissed the bail application filed by Yahaya Bello, the immediate past governor of Kogi State, in connection with an alleged fraud case involving N110 billion. The application, which was submitted prior to Bello’s detention by the Economic and Financial Crimes Commission (EFCC), was ruled as premature and incompetent. In her ruling, Justice Maryann Anenih explained that the bail request, filed on November 22, was made before Bello was taken into EFCC custody on November 26. The judge emphasized that bail applications are typically used to challenge the detention of a defendant, and since Bello had not yet been detained at the time, his motion was invalid. Justice Anenih also noted that the defendant’s filing indicated an attempt to invoke the court’s jurisdiction prematurely. She highlighted t...