Court insists Atuche has a case of fraud to answer

An Ikeja High Court sitting on Monday dismissed an application filed by the former Managing Director of Bank PHB (now Keystone bank), Francis Atuche seeking an order to quash the charges of stealing brought against him and a former Director of the bank, Lekan Kasali by the Economic and Financial Crimes Commission (EFCC).

Presiding Justice Adeniyi Onigbanjo said that the application lacks merit and that the charge against the former bank chief is not defective and incompetent.

Mr Atuche had sought an order striking out his name from the charge on the basis that the transactions on another charge against him before the Federal High Court and the one at the Lagos High Court were interlinked.

He added that the EFCC, acting for the Attorney-General of the Federation, can only prosecute a crime under a Federal Law, and not under the Administration of the Criminal Justice Law of Lagos State.

Justice Onigbanjo in his ruling dismissed all the arguments raised by Mr Atuche.

The judge distinguished between the cases at the Federal high court & that at the State High Court. He said the charges at the Federal High Court bordered on his alleged granting of credit facilities illegally while that before his court had to do with stealing and conspiracy to steal.

The court also maintained that the two matters before it and the one before Justice Lateefah Okunnu of the same court had to do with different transactions that Mr Atuche was allegedly involved in, though all the alleged offences were committed when he was the Chief Executive Officer of the defunct Bank PHB.

The judge also overruled Mr Atuche’s argument that the way the case was being handled could prejudice his right to fair hearing.

The judge said that though the case had generated public interest, it would not in anyway affect the decision of the court.

Justice Onigbanjo rejected the former bank chief’s argument that the proof of evidence did not disclose a prima facie evidence against him before adjourning till the 24th of May for commencement of trial.

Ronaldinho inspires Flamengo win

Ronaldinho inspires Flamengo win

A late penalty given  in favour of Flamengo was converted  by Ronaldinho to notch Flamengo up to a win against Duque de Caxias in a match that would have gone either way.

In the same match,goalkeeper Felipe was wheeled off the field with an ambulance after a collision with Duque de Caxias striker Gilcimar in the 20th minute,doctors have passed him to be fine after nursing fears of a head trauma.

Goalkeeper Felipe dived to his right for a low cross into the area and his head hit Gilcimar’s knee as both players went for the ball and he has been ruled out of the team’s Copa Libertadores match against Ecuador’s Emelec on Thursday in Rio.

The first goal for Flamengo came from the boot of former CSKA striker vagner Love who has four goals in his kitty.

Ronaldinho scored Flamengo’s winner with a penalty in the 83rd after Vagner Love was held by a defender inside the area. Vagner Love, who has scored a goal in each of the last four matches, opened the scoring in the 11th, and Rodrigues equalized for Duque de Caxias in the 60th as Flamengo played a man down from the 75th after Argentine playmaker Dario Bottinelli was sent off for a hard foul.

Nigeria ranks top as internet users in Africa

The latest international research centre classifications confirm that Nigeria with a population of 155 million has exceeded the 45 million Internet users. This data propels the African giant to the continental top place.

Second place goes to Egypt with 21.7 million users (and 80 million inhabitants), followed by Morocco (15.7 million Web users) and Kenya (10.6 million users).

The Nigeria’s Internet sector has been hindered by the country’s underdeveloped and unreliable fixed-line infrastructure, but has changed as competition intensifies and new technologies are able to deliver wireless broadband access. More than 400 ISPs have been licensed as well as a number of data carriers, Internet exchange and gateway operators. Voice over Internet Protocol (VoIP) is already carrying the bulk of Nigeria’s international voice traffic.

According to the National Communications Commission (NCC), the current deployment of the country’s first Next Generation Networks (NGN) will drive further convergence of voice, data and video/TV, enabling the provision of triple-play services that will ultimately also involve the country’s already competitive broadcasting sector.

The Commission also said that Nigeria is the most competitive fixed-line market in Africa, featuring a second national operator (SNO) and over 50 other companies licensed to provide fixed telephony services.

The alternative carriers combined now provide more than twice the number of fixed lines than the comatose NITEL, which the government is planning to liquidate.

Analysts suggest that strong demand for Internet services and broadband capabilities is aiding the development of the fixed-line sector, which at a market penetration of just over 1% still has enormous growth potential.

Gbenga Daniel not Acquitted-EFCC


The Economic and Financial Crimes Commission has announced that former governor of Ogun state, Otunba Gbenga Daniel, though discharged by a court ruling has not been acquitted, contrary to media reports.

In a press statement, the EFCC says it “wishes to clarify that the ruling of justice Olanrewaju Mabekoje was not a discharge and acquittal of the former Ogun state governor in an Abeokuta high court today.

The trial judge only released Mr. Daniel on the sole technical ground that the commission failed to seek the consent of court before filing the amended charges against the former governor.
The anti-graft agency says that consequent on the ruling striking out the charges, the commission will immediately apply to the chief judge of ogun state for leave to re-file the charges against Otunba Daniel.

Otunba Gbenga Daniel was first arraigned on October 12, 2011 on a 16-count charge of stealing, fraudulent conversion and failure to declare assets. He pleaded not guilty to the charges and was admitted to bail, on October 14, 2011 in the sum of N500million and two sureties in like sum.

The charges were later amended to 43 counts.

President Jonathan promises to eradicate polio

President Goodluck Jonathan has promised to fight polio till it is eradicated totally and to back this promise,the president inaugurated the Presidential taskforce on polio eradication also a promise to raise the funds for the tackling of the disease to $30mln from $17mln.

The Lekki Shipwrecks

Lekki Beach used to be one of the finest beach fronts in Lagos, the commercial capital of Nigeria. But from February 2010, over 200 meters of the coastline have been lost to erosion. Although the president of the country, Goodluck Jonathan visited the scene in 2011, the area is yet to be rehabilitated.