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Obasanjo Loses Millions In Fraudulent Deal

A subsidiary of Obasanjo Holdings Ltd has been allegedly defrauded of the sum of N105m by an Egba chief, Abiodun Ajayi. One Chief Abiodun Ajayi has been dragged to court by the police for allegedly defrauding Alarab Properties, a subsidiary of Obasanjo Holdings Ltd of the sum of N105m. The News Agency of Nigeria reports that the accused was arraigned before an Abeokuta magistrates’ court on three counts bordering on forgery, fraud and stealing. The prosecutor, Sunday Eigbejiale, told the court that Ajayi, who is the Balogun of Ijemo in Abeokuta south council area, fraudulently forged the Sidipon community power of attorney and fraudulently used same to obtain the sum of N105m from Alarab Properties. The prosecutor said the accused committed the alleged offences in a transaction involving the sale of 67 acres of land at the Sidipon Village. The charge reads in part: “That you Salimon Abiodun Ajayi, between 2007 and 2012, with intent to defraud, did obtain the sum of N105m, pr...

Obasanjo Loses Millions In Fraudulent Deal

A subsidiary of Obasanjo Holdings Ltd has been allegedly defrauded of the sum of N105m by an Egba chief, Abiodun Ajayi. One Chief Abiodun Ajayi has been dragged to court by the police for allegedly defrauding Alarab Properties, a subsidiary of Obasanjo Holdings Ltd of the sum of N105m. The News Agency of Nigeria reports that the accused was arraigned before an Abeokuta magistrates’ court on three counts bordering on forgery, fraud and stealing. The prosecutor, Sunday Eigbejiale, told the court that Ajayi, who is the Balogun of Ijemo in Abeokuta south council area, fraudulently forged the Sidipon community power of attorney and fraudulently used same to obtain the sum of N105m from Alarab Properties. The prosecutor said the accused committed the alleged offences in a transaction involving the sale of 67 acres of land at the Sidipon Village. The charge reads in part: “That you Salimon Abiodun Ajayi, between 2007 and 2012, with intent to defraud, did obtain the sum of N105m, pr...

Obasanjo Loses Millions In Fraudulent Deal

A subsidiary of Obasanjo Holdings Ltd has been allegedly defrauded of the sum of N105m by an Egba chief, Abiodun Ajayi. One Chief Abiodun Ajayi has been dragged to court by the police for allegedly defrauding Alarab Properties, a subsidiary of Obasanjo Holdings Ltd of the sum of N105m. The News Agency of Nigeria reports that the accused was arraigned before an Abeokuta magistrates’ court on three counts bordering on forgery, fraud and stealing. The prosecutor, Sunday Eigbejiale, told the court that Ajayi, who is the Balogun of Ijemo in Abeokuta south council area, fraudulently forged the Sidipon community power of attorney and fraudulently used same to obtain the sum of N105m from Alarab Properties. The prosecutor said the accused committed the alleged offences in a transaction involving the sale of 67 acres of land at the Sidipon Village. The charge reads in part: “That you Salimon Abiodun Ajayi, between 2007 and 2012, with intent to defraud, did obtain the sum of N105m, pr...

#OndoDecides: Rotimi Akeredolu Of APC Wins Gov Election, Thanks His People After Victory

Ondo State’s governor-elect, Rotimi Akeredolu of APC, has thanked his people, following his landslide victory. The Independent National Electoral Commission INEC announced 17 of the 18 Local Government Areas in the state, with Akeredolu winning 14 local governments, the Peoples Democratic Party led in two LGAs while the Alliance for Democracy won in one local government. The result still being awaited is from Ilaje local governments. The Returning officer announced that the results are still compiled. The Chief Returning Officer, Prof. A. Ambali, announced an break and said they will reconvene at 11 am. According to Punch, these are the released results APC 4, 253, PDP 7,313 in Ondo East local government PDP APC 10,681, PDP 8,306 in Ile Oluji Okeigbo local government APC APC 13,464 PDP 6,493 in Akoko North east local government APC APC 10,958 PDP 6,742 in Ifedore local government APC APC 11,138 , AD 6,710, PDP 5,907 in Irele local government APC APC 13,454, PDP 6,520 Ose local...

Few Hours To Ondo Election: APC Chieftain Assassinated In Owo

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Unknown gunmen have killed a Chieftain of the All Progressives Congress (APC) in Owo, Ondo State. The victim, Mr Afolabi Olaposi, was said to have been shot dead on his way home on Thursday night, November 24, after attending a meeting of the party in preparation for the Saturday’s governorship election in the state. A spokesman for the APC chapter in Ondo, Mr Abayomi Adesanya, disclosed this in a statement issued in Akure on Friday, November 25. He said: “Olaposi, who is one of the leaders of our party in Igboroko Ward 1, Owo, was also an ardent supporter of our Governorship Candidate, Mr Rotimi Akeredolu (SAN). “He was a perfect gentleman who was committed to the development of the party in Owo and Ondo State in general. “The assailant also went to the house of Chief Jamiu Ekungba, an APC aspirant in the Sept. 3 Primary, and vandalised seven vehicles in his compound. “Ekungba was not to at home during the attack. “We believe those calling for the postponement of the elec...

‘We Must Work Together To Overcome Recession’- Fashola Says

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The Minister of Power, Works and Housing, Babatunde Fashola, SAN, on Saturday stressed the need for Nigeria to develop its own plan capable of effectively addressing the current economic downturn. This is just as the Emir of Kano, Muhammadu Sanusi II, said that the right monetary, fiscal and structural policies would address the biting recession. Fashola, who spoke while delivering a lecture on “Freedom from Fear, Choices before the New Generation” to mark the 42nd convocation of the University of Benin, Edo State, said that Nigerians must overcome their fears and use their natural resources to create solutions and improve their lives. While addressing the graduating students, he said, “We will not pray our way out of recession; we will plan and produce our way back to prosperity and out of recession and you are the freshest, youngest and most energetic workforce we will have to work with. “You are the new batteries to power the engine of growth of our country. Your choic...

Hillary Clinton Urged to Contest Election Results in Swing States

Hillary Clinton is being pushed by computer scientists and lawyers to challenge the presidential election results in three key swing states, two of which Donald Trump won two weeks ago. While one member of that group said in an online post Wednesday that the results were “probably not” hacked, he advised Clinton to file for an examination of the physical evidence. The group believes it found evidence that vote totals in the three states—Michigan, Pennsylvania and Wisconsin—might have been affected by a cyberattack, saying the Democratic nominee received 7 percent fewer votes in counties that relied on electronic-voting machines instead of paper ballots or scanners, New York magazine reported.