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Court orders EFCC, CBN to transfer Andrew Yakubu’s confiscated funds to registrar’s account

By Taiye Agbaje  A Federal High Court (FHC), Abuja, on Monday, ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately transfer the sums of $9.8 million and £74,000 recovered from Mr Andrew Yakubu, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) to an account […]

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Teenager faces N550,000 electric wire theft charge

By Chinyere Omeire   A 19-year-old man, Yusuf Ayomide, who allegedly broke into an apartment and stole electrical appliances worth N550,000, was on Monday brought before an Ejigbo Magistrates’ Court, Lagos. Ayomide, whose residential address was not provided, is standing trial on a three-count charge of conspiracy, breach of peace and stealing, preferred against him […]