Tag Archives: fraud

Students left stranded as Principals embezzle NECO exams fees

Two school principals embezzle NECO fees in Nasarawa

From Linus Oota, Lafia

Nasarawa State Commandant of the Nigerian Securities and Civil Defense Corps (NSCDC), Alhaji Lawan Bashir has revealed that principals of two secondary schools in the state diverted NECO registration fees paid by students.

The commandant told newsmen in lafia that students of the affected schools are Shekkina International School in Agyaragu area of Obi LGA and GSS Wakama in Nasarawa eggon LGA.

He said the students did not realise that their fees had been diverted until the commencement of the examination.

According to the NSCDC boss, “it was after the examinations started that the candidates realised that they had not been registered, their parents promptly reported the matter to the area inspectorate office of education in the affected locations, which brought the matter to us”

He said that the affected principals were then invited to our office “we employed alternative conflict resolution mechanism and it yielded results, all the parties have agreed to the terms for the repayment of the fees to the affected candidates

“The principal of Shekkina International School has refunded more than N400,000 to 67 candidates while his GSS Wakama counterpart has agreed to pay the money before the end of June. We involved the candidates and their parents in the negotiations so as to resolve the matter without any violence that appeared imminent before we came in” he said Bashir advised members of the public to take advantage of the alternative conflict resolution mechanism of the command to report cases instead of taking laws into their hands.

He also explained that the command would deployed over 300 of their men across the state to ensure that the threats issued by Arewa youths over Igbo quits did not affect the state, adding that the command had been in touch with the various tribal associations in the state to ensure the security of all the south easterners in the state.

The NSCDC boss in the state explained that the political discourse in the state was tailored towards unity and warned the youths not to take the threats as advantage to cause trouble in the state, noting that the command is monitoring all the activities to ensure law and order is maintained.

On the incessant vandalism of streets lights and transformers in the state, the commandant explained that the command was on top of the situation as a number of youths have being arrested and would soon be charged to court.
Source: The Sun

Conman!  How dismissed LASG worker forged bank statements, alerts to obtain millions in loan 

How dismissed Lagos civil servant used fake bank statements, alerts to secure multi-million loans


Call him evil genius, you’ll not be wrong. And this is why operatives of the Rapid Response Squad (RRS), Lagos State Police Command are grilling him to unravel his web of criminal exploits. Olaogun Babatunde Amos aged 31 is now cooling his heels behind bars for allegedly using fake statement of account and bank alerts to defraud unsuspecting victims.

He is said to have used these forged documents to take millions of naira from several Microfinance banks in Lagos State.

He was picked up when his latest victim, a computer dealer alerted the police that Amos took goods worth millions of naira from him with no plans of paying back. According to the police, as soon the news about his arrest broke, other victims besieged the station alleging that he defrauded them through fake bank statements and alerts.

Debts led me into crime

At the police station, Amos who has no property or investment in his name told Saturday Sun that he is indebted to the tune of N20million most of which he got from banks.

“I am not a criminal; I was just finding a way out to pay my debts. I owe about N20million and it was my quest to offset this debt that landed me in trouble. My trouble could be traced back to 2013, when I had an opportunity to supply furniture worth millions of naira. Out of desperation, I gave a quotation that was below the cost price, so I got the contract. My calculation was to gain their trust with the hope that I will cover up when more contracts come my way. It did not work as planned and the bank that I borrowed from came after me.

“It cost me my job as a staff at the Government House, Alausa because I was taking advantage of any opportunity I get in the office to raise money. To meet up, I started borrowing money again. On my own, I discovered a method that I could use to collect loans from microfinance banks.

“My plan was to collect loans, invest and make money which I will gradually use to service all my debts. It was the money that I got that I used to open a lounge on Awolowo Road in Ikeja. It was the same method that I used to convince one importer of computers to give me goods worth millions. I took the goods and sold them less than the cost price to mop up cash. I was hoping to make some money somehow, before they discovered that I was worth nothing,” he said.

On how he managed to create bank statements, Amos said that he studied the online statements that banks normally send and discovered that they can be edited. “They used Microsoft excel to create the bank statement. All I did was to edit it and expand the amount of money in the account. What people normally do is just to check the balance without confirming the content. I only edit the first page and print it out. It was the statement of account that I presented to all the microfinance banks and they granted me loans.”

“On the bank alerts, I also know how to edit it to look as if it originated from the bank. Give me a computer and I will do the magic for you,” he boasted.

He identified some of the microfinance banks as Addosa where he collected N4million. Others are Page, Credit Ville, Empire Trust and Omnibus Foundation. “I still owe those banks. I took the money with the hope that I will invest and make much gain. The lounge which was supposed to be a money spinning business also failed me. The more I try to settle my debts, the more I slip into more debts.”

He pleaded for more time to pay off his debts insisting that he is not a criminal. “It was all those debts that landed me in trouble. I am not a criminal; I just devised a smart way to convince people to give me money.”

Victims lament

At the police station, some of the victims were seen telling their tales of woes in the hands of Amos. One of such persons is Chidinma who lost N750,000. “We were friends in the past and when I came back to Lagos, I hooked up with him. He invited me to his lounge and we relaxed and talked about life generally. I knew he was married so I felt that he is responsible at this stage in his life.

“I told him that I needed to buy a car but I do not have enough money. As my ex-boyfriend, I wasn’t surprised when he agreed to add up the balance and buy me a car. He gave me an account number, which he said belongs to the car dealer and I paid in N750, 000 sometime in August 2016. He also took me to the car stand where I selected the type of car I wanted. The car dealer told me that the one I saw had already been sold to another person, that, mine will be ready the following week.

“I agreed and left. Since last year till date, it has been one story or another. I could not trace the car dealer and he made me believe that the man had disappeared with our money.

I was happy when RRS men called to inform me that they were investigating him for fraud”, she said.

Yet another victim, Seun who is also his ex-girlfriend, parted with N500, 000 which she gave him to help her buy a Nigerian used car. “When I discovered that he was wasting my time, I demanded my money. I went to his office and demanded my money. He said he had transferred the money but I did not get an alert. I checked my account balance but it showed that the money is not there. He showed me the alert he got which showed that he has transferred the money to my account. It also showed that he has millions of naira in the account. He took me to Keystone Bank and we met a staff of the bank outside, he told me that they had network problem and it will take time before it will be rectified. I was still waiting when RRS operatives invited me to the police station after his arrest for fraud”, she explained.
Source : The Sun

Shocking discovery! 400 ghost workers found on payroll of Ondo football agency

​400 ghost workers discovered in Ondo football agency

About 400 ghost workers have been discovered on the payroll of the Ondo State Football Agency .

The discovery was made by a three-man Interim Management Committee set up by the state government to look into the administration of the agency and find a solution to its unimpressive performance of the state- owned football team.

The ODSFA is in charge of Sunshine Stars Football Club and the Sunshine Queen Football, Akure .

Speaking in Akure , the state capital , the chairman of the committee , Gbenga Elegbeleye , said 620 names were on the payroll of the agency .

He said , “ On assumption of office , we asked for a list of all the staff in the agency in the employ of the ODSFA and what we saw was surprising . A list of over 600 persons was submitted but when we did a headcount of the staff few days later , we discovered that the agency had over 200 workers .

“ The most annoying thing is that , there are no criteria to determine who earns more or less . We noticed that some (secondary ) school certificate holders were earning more than BSc holders . ”

According to him , corrupt practices going on in the agency is responsible for the inability of the ODSFA to pay salaries of players and officials of the Sunshine Stars .
Source: The Punch

Supreme Court Justice Ngwuta appears before CCT, trial resumes July 12

BREAKING: Justice Ngwuta arraigned before CCT, gets bail on self-recognisance
Ade Adesomoju , Abuja

The Federal Government on Thursday arraigned a Justice of the Supreme Court , Justice Sylvester Ngwuta, on mostly charges of false asset declaration before the Code of Conduct Tribunal in Abuja.

He pleaded not guilty to the amended eight counts preferred against him by the Office of the Attorney- General of the Federation .

Shortly after the defendant took his plea, his lawyer , Chief Kanu Agabi ( SAN ) , applied orally that the Justice of the apex court be granted bail in self – recognisance.

The request was not opposed by the lead prosecuting counsel, Mr . Umar Muhammed , who is the Director of Public Prosecutions of the Federation .

The tribunal headed by its Chairman , Danladi Umar , granted the bail application and fixed July 12 for commencement of trial .

Ngwuta is currently undergoing separate trial for money laundering and passport fraud charges preferred against him by the Office of the Attorney- General of the Federation before a Federal High Court in Abuja .

While Justice Ngwuta’ s trial was going on before a Federal High Court , the Office of the Attorney General of the Federation had on February 8 , 2017 preferred separate sets of charges bordering on breaches of code of conduct for public officers and asset declaration asset breaches against him and another judge of the Federal High Court , Justice Adeniyi Ademola.

But no date has been fixed for Justice Ademola’ s arraignment on the two counts preferred against him .

Ngwuta was initially charged with 10 counts now amended to eight counts before the CCT.
Source: The Punch

EFCC charges Supreme Court Justice Ngwuta over failure to declare 28 plots of land, others

Justice Ngwuta failed to declare 28 plots of land -FG

From Godwin Tsa, Abuja

The Federal Government said Justice Sylvester Ngwuta of the Supreme Court failed to declare 28 plots of land to the Code of Conduct Bureau (CCB) between June 2, 2011 and July 19, 2016.

In a 10- count charge filed before the Code of conduct Tribunal, government through the Office of the Attorney General of the Federation (AGF) further alleged that Justice Ngwuta, also engaged in the purchase and sale of rice, palm oil and other related products, while being a Justice of the Supreme Court, within the same period.

In addition to the said plots of lands and acts of buying and selling, the prosecution said the jurist also own five cars which he allegedly kept away from the CCB.

He is expected to be arraigned tomorrow.

Government has also filed a two-count charge at the CCT against Justice Adeniyi Ademola of the Federal High Court.

In the said charge, Justice Ademola was accused of trading in foreign exchange among other charges.

Government alleged that Justice Ngwuta contravened Section 15 of Code of Conduct Bureau and Tribunal Act, Laws of the Federation of Nigeria.

The alleged offence is punishable under Section 23 (2) of the Act.

Ngwuta is one of the judges whose residences were raided in October 2016 by the Department of State Service (DSS).

The DSS claimed it recovered huge sums of money in various denominations.

Ngwuta is currently standing trial before Justice John Tsoho of the Federal High Court, Abuja, on an amended 16-count bordering on money laundering.

In the charge, the prosecution said Ngwuta contravened Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2012 (as amended).

The alleged offences are punishable under Section 15 (3) of the Act.

Meanwhile, government yesterday opened its case against Ngwuta saying it was going to show how the jurist whose total annual income is N24 million spent N500 million within nine months on building projects.

Already, government has called its first prosecution witness (PW1), Linus Chukwuebuka, a civil engineer, who narrated how he was paid N313 million cash by Justice Ngwuta for the construction of three building projects between January 4, 2016 and September 2016.

The witness who confessed that he had never received such volume of cash from an individual said he was troubled by the development and expressed concerned about it with Justice Ngwuta.

He said Justice Ngwuta assured him that the money was proceeds from his work and overseas conferences which were legitimate earnings.

“He said he attends conferences of the Justices of the Supreme Court and other conferences and paid in hard currencies and has never gone overseas for holiday like other judges. So I believed everything was okay.

N.5bn discovered inside abandoned plaza shop in Lagos

​EFCC discovers about N.5bn hidden in a plaza shop

The Economic and Financial Crimes Commission, Lagos zone,  on Friday evening uncovered yet another large sum of suspected laundered money to the tune of N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) only in a shop at a Shopping Plaza, in Victoria Island, Lagos.

According to the EFCC, the money stashed in several Ghana Must Go bags were in N500 and N1000 denominations, hidden in a shop awaiting conversion into foreign currency.

Relying on information provided by a concerned whistle blower, operatives of the Commision swooped on the shopping complex and sought the identity of the owners of two shops, LS 64 and LS 67 which were under locks and keys.

The shops had signages of Bureau de Change. Inquries about the owner of shop 64 indicated he had not been seen for a long time, as they claimed the shop had not been opened for businesss for close to two years. Several calls were put to the owner of shop 67 but there was no response.

The attention of the plaza’s chairman and some traders were drawn in order to force the shops open. There was no money found in shop 67, but in shop 64, heaps of “Ghana Must Go” bags were found loaded on the floor of the shop.

When the bags were unzipped they were found to contain bundles of naira notes totalling N448,850,000.

Traders interviewed at the premises claimed they were not aware such money was housed in there, as the place hardly opens for business.

The Commission is investigating the matter in order to unravel the owner and source of the money.
Source: Vanguard

Court remands two MMM agents in prison for fraudulently investing N.4m in scheme

​Two MMM agents sent to jail over breach of trust


Two middle-aged persons, Debora Fojo and Musa Garba on Friday appeared before a Malumfashi Chief Magistrates’ Court in Katsina State for breach of trust and cheating.

According to the separate First Information Reports (FIR) read to the court, Fojo allegedly collected N229, 000 from one Sani Salisu of Unguwar Sodangi in Malumfashi to invest in the scheme.

Garba, on the other hand collected N200, 000 from one Adamu Aliyu of Gangarawa also in Malumfashi to invest in MMM.

The Police Prosecutor, Insp. Sani Ahmed, told the courts that the accused deceived the complainants with a promise that business would provide 30 percent returns within 30 days.

He said that neither the original money nor the interest were returned to the complainants after the expiration of the agreed period.

He said that the accused were charged with criminal breach of trust and cheating, offences that contravened sections 312 and 322 of the penal code laws.

The two accused persons, however, pleaded not guilty to the charges.

The Chief Magistrate, Lawal Usman adjourned Fojo’s case till April 11, while that of Garba was moved to April 18, for mention.

He ordered that the two accused persons be remanded in prison custody.