Armed Robbers In Paris Steal Bags Worth 800,000 Euros From Nigerian Businessman

People cycle with their bike down the Rue de Rivoli, by the Louvre museum, in Paris on May 19, 2020 as France eases lockdown measures taken to curb the spread of the COVID-19 (the novel coronavirus). THOMAS COEX / AFP
People cycle with their bike down the Rue de Rivoli, by the Louvre museum, in Paris on May 19, 2020 as France eases lockdown measures taken to curb the spread of the COVID-19 (the novel coronavirus). THOMAS COEX / AFP


Armed robbers have stormed the apartment of a Nigerian businessman in Paris, getting away with some 800,000 euros ($865,000) worth of luxury bags, sources said on Thursday.

The burglary took place in an upscale building in the 16th district of the French capital on Wednesday morning, said sources with knowledge of the case.

Wearing surgical masks, they rang the doorbell of the apartment and succeeded in entering and threatened the man with a handgun.

They failed to make him open his safe but still got away with the bags and around 3,000 euros in cash.

Paris has in recent years become notorious for robberies and muggings of rich individuals targeted by criminals looking for luxury items such as jewellery and watches.

Businessman Arraigned Over Alleged N40m Fraud


A business owner identified as Adekunle Olunloyo has been charged before a Lagos Magistrates’ Court over alleged N40 million fraud.

The 40-year-old former nightclub owner, was charged alongside his entertainment firm, Code Media Limited, by the Police Special Fraud Unit, (PSFU), Lagos.

They are standing trial on a two-count charge of conspiracy and fraud, before Chief Magistrate Olufolake Oshin.

Prosecuting counsel Sylvester Azubuike told the court that Olunloyo committed the offences in Lagos, “sometime in November 2014,” in connivance with accomplices, who are now on the run.

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He said the defendants approached a financial institution for a loan facility and “with intent to defraud, obtained the sum of N40million.”

Olunloyo allegedly claimed that “the money is to facilitate the renovation of your company’s entertainment premises and hall respectively.”

According to the police, Olunloyo converted the N40million to his own use.

Azubuike said the offences contravened sections 312(1)(b), 312(3) and 409 of the Criminal Law of Lagos State, 2011.

Olunloyo pleaded not guilty.

His counsel, Seyi Soremekun, applied for his bail on self-recognisance or on liberal terms.

“We were served with the charge this morning. The defendant has been attending meetings at the PSFU whenever required,” Soremekun added.

In a bench ruling, Chief Magistrate Oshin, observed that the defendant is standing trial on another charge before her, and granted him N500,000 bail with one surety in like sum.

The case was then adjourned to June 5.

Businessman Accused Of Cloning SON Logo Arraigned

A businessman, Nonso Udoye, who was accused of cloning the production and registration logo of the Standard Organisation of Nigeria (SON) was on Wednesday brought to the Federal High Court in Lagos for trial.

Udoye is facing a 15-count charge bordering on forgery and counterfeiting before Justice Saliu Saidu.

At the commencement of trial, his counsel, Mr Emmanuel Okoroafor, told the court that he just took over the matter and needed time to study the Proof of Evidence.

He, therefore, asked the court for an adjournment to enable him to familiarise himself with the case.

The prosecution counsel, Mrs Amaka Allen-Ngbale, however, objected on the ground that the matter was listed for trial. She told the court that her witness, a police officer was in court and ready to testify.

READ ALSO: Police Arrest Man, 70, For Defiling 13-year-old Girl In Ogun

In the interest of justice, the judge acceded to the request of the defendant and consequently adjourned the matter till May 7 for trial.

Nonso Udoye was arraigned on February 25 and had pleaded not guilty to the charges.

He has however remained in prison custody for not being able to perfect the bail terms granted him by the court.

The SON alleged that the defendant carried out the offences at a warehouse located at 219 Borno Way, Ebute Metta,  Lagos.

The agency said the warehouse was discovered by SON officials sometime during a raid in the area.

A part of the charge reads : “That you Nonso Udoye, male, adult of 36, Ayara Street Surulere Lagos the Managing Director of a company known as Agastorm Limited on or about  November 7, 2017 within the jurisdiction of this honourable court did knowingly and fraudulently forged a counterfeit production registration seal or mark of the Standard Organisation of Nigeria (SON) and thereby committed an offence under section 468 of the Criminal Code Act CAP C39 LFN 2004 and punishable under section 467 Criminal Code Act CAP C39 LFN 2004.


Trial Of Businessman Who Allegedly Duped Nigerians Over $300,000 Adjourned

Justice U.P. Kekemeke of the Federal Capital Territory (FCT) High Court, Apo, has adjourned the trial of a businessman identified as Ighodaro Austin Osaretin to May 5, 2018.

The suspect is being prosecuted by the Economic and Financial Crimes Commission (EFCC), for allegedly duping innocent Nigerians of the sum of $328,974.37.

The EFCC in a statement signed by its Head, Media and Publicity, Wilson Uwujaren, said Osaretin allegedly duped Nigerians in a fake business deal that happened between March and November 2015.

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“He placed an advertisement on supposedly belonging to Universal Agricultural Empowerment and Development Initiative, using same to swindle prospective investors, into parting with over $328,974.37 under the pretence that his organisation specialised in marketing goods and services globally.

He was first arraigned on April 9, 2018, on a one-count charge of fraud,” the statement read in part.

The count reads: “That you Ighodaro Austin Osaretin sometime between March 13, 2015, to November 9, 2015, in Abuja within the jurisdiction of this Honourable Court, with intent to defraud, did obtain the sum of $328,974.37 from several customers across the globe through the advert you placed on

He pleaded “not guilty” to the charge when it was read to him.

Subsequently, Justice Kekemeke fixed April 16, 2018, to hear his bail application. He was granted bail in the sum of N10 million and two sureties in like some, who must not be below the position of an assistant director in the Federal Civil Service, and who must possess landed properties.

EFCC Vs Ibru: Court Defers Ruling Till February 2017

Goodie-Ibru-EFCC-CourtA Lagos High Court has fixed February 15, 2017 for ruling on an application filed by businessman, Mr Goodie Ibru and three others seeking to quash charges filed against them by the Economic and Financial Crimes Commission (EFCC).

The matter was adjourned by Justice Raliat Adebiyi on Tuesday, after counsel to parties had made their submissions to the court.

Mr Ibru is facing an 11-count charge alongside three companies – Associated Ventures International Limited, IHL Services Limited and Clearview Investment Limited.

The EFCC has charged the accused of allegedly conspiring to steal various sums belonging to Ikeja Hotel Plc in Lagos, Nigeria’s commercial capital.

The anti-graft agency said Mr. Ibru and the others purportedly committed the offence between 2010 and 2015.

During proceedings on Tuesday, counsel to the defendants, Mr Olawale Akoni informed the court about his pending application dated November 28, 2016 in which they asked the court to strike out the charges.

In his response, counsel to the EFCC, Mr Ayokunle Fayanju, asked the court to dismiss the defendants’ application to quash the charges.

The court subsequently adjourned the case to consider its ruling.

Obama Says He Might Have To Comment On Trump’s Presidency

Obama, Trump
Barrack obama

U.S President, Barack Obama, says he may have to speak out after leaving office if he feels his successor, Donald Trump, is threatening core American values.

He says, as a private citizen, he might speak out on certain issues if the need arises.

By convention, former presidents tend to leave the political fray and avoid commenting on their successors.

However, outgoing President Obama, speaking at a news conference at the APEC summit in Lima, Peru, said he intends to assist, Mr Trump and give him time to outline his vision.

Republican Donald Trump, won the U.S presidential election on November 9, 2016 as against his Democratic counterpart, Hillary Clinton.

The President-elect has begun the transition process and started choosing members of his cabinet, as he will officially resume office as the 45th U.S President on January 20, 2017.

Court Quashes Jimoh Ibrahim’s Newswatch Take-Over, Halts Further Publications

NewswatchA Federal High Court sitting in Lagos has quashed the Share Purchase Agreement which transferred ownership of Newswatch Communications Limited to Global Media Mirror Limited owned by businessman, Jimoh Ibrahim.

The court also awarded N15.7 million damages against Jimoh Ibrahim and the other respondents in the suit.

Presiding Justice Ibrahim Buba also made an order halting further publications of Newswatch Daily among other reliefs sought by the petitioners.

The minority shareholders who petitioned were Mr. Nuhu Aruwa and Prof. Jibril Aminu, while the respondents were Newswatch Communications Limited, Global Media Mirror Limited, Jimoh Ibrahim, Newswatch Newspapers and Corporate Affairs Commission.

Justice Buba, in his judgement, upheld all the prayers of the minority shareholders who had filed the suit to challenge the validity of the takeover of the company. The court held that the respondents could not prove that they paid up for the shares.

“The Petitioners gave evidence to show that the second to third respondents have blatantly failed to pay for the shares in the company. They have not showed how and when they paid for the said shares. Nothing in paragraph 11 and 18A of the Respondents’ Statement of Defence shows how they have paid for the Shares. There is no evidence in paragraph 3.0 that the Respondents have paid on or before 5th May, 2011.

“The Respondents have only given their interpretation to that paragraph. Whatever monies they spent was spent on Daily Mirror and was confirmed by one of the defense witnesses during cross examination.

“The sum of N510million was supposed to be paid for shares and not for any other purpose,and there is no evidence to show that the shares have been paid for. Besides, it was a company called ‘Global Fleet’ that paid the N14million, not any of the respondents who contracted with the first respondent”, the judge ruled.

The judge therefore stated that the case of the Petitioners had merits. “The court grants all the reliefs as set out on the petition at the inception of this case as follows: an order setting aside the contract entered into between the first and second respondent companies by virtue of document titled “Share Purchase Agreement” between Newswatch Communications Limited “Seller” and Global Media Mirror Limited “Buyer” and executed by the parties therein on or about May, 2011.

“A Consequential Order setting aside the Form CAC2 – Statement of Share Capital and Return of Allotment of Shares of the 1st Respondent company dated the 27th day of August, 2012 presented for filing by one Gloria A. Ukeje.

“An Order directing the 2nd and 3rd Respondent jointly and severally to pay special damages in the sum of N15.7million to the 1st Respondent Company being loss of Business profits since August 2012 till October 2012 when the 1st Respondent’s operations were unilaterally shut down by the 2nd and 3rd Respondents and to pay an average sum of N5million per month for every month that the 1st Respondent is shut down without production of its weekly magazine until the determination of this Suit.”

The court held that it had come to the inevitable conclusion that the Petitioners have discharged the burden placed on them and have proved their case while the first to fourth Respondents have failed woefully to discharge the burden placed on them.


Mr. Nuhu Aruwa and Prof. Jibril Aminu, had filed the action seeking for an interlocutory injunction restraining the first to fourth respondents Newswatchby themselves, their agents or privies from publishing and selling to the public or causing to be published and sold to the public a daily and weekend Newspaper known as Daily Newswatch, Saturday Newswatch and Sunday Newswatch as advertised in the National Mirror Newspaper of January 15, 2013 pending the hearing and determination of the substantial suit.

Supported by a 28 paragraph affidavit deposed to by Aruwa, the former shareholders averred that the 2nd and 3rd respondents purportedly came into majority ownership and/or control of the Newswatch Communications Limited by virtue of a Share Purchase Agreement entered into between 1st respondent and 2nd respondent in May 2011.

Aruwa insisted that under and by virtue of clause 3.0 of the said agreement, the 2nd defendant (Global Media Mirror) and the 3rd respondent (Ibrahim) purportedly acquired 51 percent of the first respondents company on the condition that they pay sum of N510million as purchase price for the said shares. He added that by clause 4.0 of the said agreement, the said sum of money was to be paid on or before May 5, 2011.

He stated further that clause 13.0 of the same agreement, the 2nd respondent was obligated to pay additional N500million within 90 days after take-over of the company which was supposed to be for a working capital for the company.

“That without complying fully with aforementioned conditions of the agreement, the 2nd respondent through the instrumentality of the 3rd respondent went ahead and took over full control and management of the first respondent company.

“That to our utter shock and detriment, the 2nd and 3rd respondents simply shut down the operations of the first respondent company, particularly the publication of Newswatch Magazine, which is the flagship and major source business and source of income of the first respondent company and from which we get returns from our investment in first respondent company.

“The magazine had been in publication for about 28 years before it was stopped by the 2nd respondent and 3rd respondents”, he swore.

He deposed that unless the first to fourth respondents are stopped from carrying out their said intentions, they would have succeeded in killing the business of the first defendant where the plaintiffs have shares and from which they expect dividends for their investment, adding that the first to fourth respondents would have also succeeded in appropriating the entire business of the first respondent to themselves by rendering same redundant and operating the 4th respondent which is owned by them to the detriment of the petitioners.

He said: “It is in the interest of justice that the respondents are called upon to explain and show cause why they cannot wait for the substantive issues herein to be determined before rushing to float the new newspaper despite the fact that it is a live issue in the substantive suit.”

Police Arrests Fake Soldier With 53 Bags Of Inidian Hemp

The Imo State police command has arrested a 37- year old man, Fabian Enudi, who was caught in Ohaji Egbema Local government area, Imo state, while transporting 53 bags of Cannabis Sativa also known as Indian hemp.

Briefing journalists at the police headquarters in Owerri, the Imo state capital, the Commissioner for Police Mr .Mohammed Katsina said the suspect who was dressed in an army uniform was intercepted by the police special ambush team along Owerri-Port Harcourt road.

The fake soldier was arrested in a black Nissan Pathfinder jeep which carried a fake registration number LU366ABJ.

Mr. Katsina said after much interrogation, the police discovered that he is an impostor and he is neither an army officer nor officer of any of the security operatives. The military uniform was only to deceive members of the public and security operatives.

Fabian Enudi, a native of Abbi village, Abraka Delta state had transported the 53 bags from Kwale in Delta state.

Mr. Enudi, who confessed to have committed the offence told Channels Television that he has been into the business for over a year and the army uniform belong to his late father who was an army officer.

The Command also paraded a 41 year old man a native of Ezinihitte Mbaise in Imo state who was alleged to have forcefully and illegally defiled a 13 year old girl by disguising to be a philanthropist representing a popular non-governmental organisation in Nigeria.

He claimed to have the mandate of the NGO to scout for children of poor parentage in a guise to sponsor their education.

The suspect however denied all the allegations leveled against him, claiming to be an engineer and a businessman and that he’s had nothing to do any young girl.