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Calabar varsity worker in court over N11.4m fraud


Punch Newspapers
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Oluwatosin Omojuyigbe
A worker at the University of Calabar, Cross River State, Andrew Eigbokhaebholo, has been arraigned before the Federal High Court in Calabar over a fraud of N11.4m.
Eigbokhaebholo was arraigned alongside his company, Panandy Oil and Gas Nigeria Limited, before Justice S. M. Shuaibu, on one count bordering on obtaining by false pretences.
The defendant, who claimed to be a travel agent, reportedly obtained the said sum from the complainant under the guise of helping his wife to secure a United States of America visa, accommodation and other logistics.
The complainant’s wife had planned to travel to the US to have her baby. ....

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Ex-Zamfara gov Yari forfeits N284m to FG


Ex-Zamfara gov Yari forfeits N284m to FG
Friday Olokor, Abuja
A Federal High Court in Abuja on Tuesday ordered a final forfeiture of N284, 306, 294.04 linked to a former governor of Zamfara State, Abdulaziz Abubakar Yari, to the Federal Government.
The money was said to have been lodged with Zenith Bank and Polaris Bank.
Justice Ijeoma Ojukwu, who gave the final forfeiture order, said Yari could not prove how he made the huge sum of money while or before serving as governor of the state (between May 29, 2011 and May 29, 2019).
Yari and two companies belonging to him (Kayatawa Nig. Ltd and B.T. Oil and Gas Nig. Ltd.) were indicted for alleged fraud and were dragged to the court by the Independent Corrupt Practices and Other-Related Offences Commission. ....

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Court orders forfeiture as Yari can't prove ownership of huge cash


3 min read
The Federal High Court, Abuja, on Tuesday, ordered the final forfeiture of funds belonging to a former governor of Zamfara, Abdulaziz Yari, domiciled in Zenith and Polaris Banks.
While $56, 056.75 was lodged in Polaris Bank account, the sums of N12.9 million, N11.2 million, $301, 319.99; N217, 388.04 and $311, 872.15 were kept in different Zenith Bank accounts in the name of Mr Yari and his companies, the News Agency of Nigeria reported Tuesday.
The judge, Ijeoma Ojukwu, held that the former governor had not shown good cause why the order sought by the Independent Corrupt Practices and Other Related Offences Commission (
ICPC) should not be granted. ....

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