In compliance with orders by Justice Aneke of the Federal High Court in Lagos, First City Monument Bank Limited (FCMB) yesterday took possession of properties and assets belonging to Bankers Warehouse Limited, Vandt Investment Limited, and Mr. Victor Hammond. It is over […]
Law
By Omowunmi Samuel A recent online claim has caused confusion regarding the Federal Inland Revenue Service’s (FIRS) enforcement of withholding tax on investment income. The claim suggests that the government is attempting to target Nigerians’ savings through a new tax […]
General Hydrocarbons Limited (GHL), its directors and shareholders have commenced contempt proceedings against senior officials of the Asset Management Corporation of Nigeria (AMCON). It alleged they misled the Federal High Court, Lagos and Justice Akintayo Aluko by not disclosing a substantive […]
By Ikechukwu Nnochiri ABUJA— A Federal High Court sitting in Abuja, yesterday, held that a former acting Accountant-General of the Federation, AGF, Anamekwe Nwabuoku, who is facing a money laundering charge, has a case to answer. Consequenrly, the court, in […]
A Federal High Court sitting in Osogbo, Osun State, has sentenced a commercial motorcyclist, Musa Mohammed, to four years in prison for unlawfully transporting 10.7 kilograms of Cannabis Sativa along the Gbongan-Ibadan Expressway. Justice Mashkur Salisu, who presided over the […]
The Economic and Financial Crimes Commission (EFCC) has arraigned a dismissed officer and former exhibit keeper of its Kaduna Zonal Directorate, Polycarp Andrew, at a Kaduna State High Court sitting in Kaduna. Andrew allegedly stole over N22 million exhibit kept in […]
By Adeola Badru & Luminous Jannamike IBADAN— AN Oyo State High Court sitting in Ibadan has again extended its interim order restraining any interference with the planned National Convention of the Peoples Democratic Party, PDP, scheduled for November 15 and 16, […]
Leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has asked the Court of Appeal in Abuja to stop the Federal High Court from delivering judgment in his ongoing terrorism trial. Justice James Omotosho, the trial judge in the terrorism […]
By Ikechukwu Nnochiri ABUJA— A High Court of the Federal Capital Territory, FCT, sitting at Maitama, yesterday, heard how a cashier, Abdulsalam Hudu, withdrew over N1billion from a bank account that was operated by the Kogi state government house. A […]
By Temitope Abe The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it has secured the conviction of two staff members of the National Assembly, Mustapha Mohammed and Tijjani Adam Goni, for defrauding two victims of ₦4.8 million […]