Senate summons CBN, AMCON over Cecilia Ibru’s assets

 

Nigeria Senate

The Senate Committee on Drugs, Narcotics, Financial Crimes and Anti-corruption has summoned the management of the Central Bank of Nigeria and the Asset Management Corporation of Nigeria to appear before it over seized assets worth N150bn.

The two federal government agencies had seized the assets in property and cash from the erstwhile Managing Director of the defunct Oceanic Bank International Plc, Mrs. Cecilia Ibru, upon her conviction for fraud by a court of law.

A member of the committee, who preferred anonymity, told our correspondent on Sunday that the management of the CBN and AMCON, among other parties, would appear before it today (Monday) to respond to a petition.

The source said the petition alleged certain irregularities in the execution of the bank consolidation ordered by the CBN.

He added that the committee was also interested in the recovery of assets from loan defaulters and convicted managing directors of the defunct Oceanic Bank International Plc, Intercontinental Bank Plc, Afribank Plc and Bank PHB.

I didn’t collapse, says Alao-Akala

 

Chief Adebayo Alao-Akala

A former Governor of Oyo State, Adebayo Alao-Akala, has dismissed rumours that he collapsed at the venue of the Labour Party National Executive Committee meeting in Ibadan on Wednesday.

Alao-Akala, in a statement by his media aide, Oludare Ogunlana, on Thursday, described the rumour as the handiwork of “detractors who were not comfortable his popularity.”

The statement also said that the Alao-Akala Campaign Organisation had succeeded in tracing the true owners of the website which published the report.

It read, “Based on a false report which emerged online that Alao-Akala had collapsed at the venue of the LP National Executive Committee meeting

Conductor burns to death in Lagos auto crash

The burnt vehicle

A bus conductor was on Thursday burnt to death after an auto crash on the Odo Iya Alaro flyover in the Maryland area of Lagos State.

Textile materials in the vehicle were also burnt in the accident which was said to have happened around 4am.

The commercial bus, with registration number, Lagos XW 350 AKD, was said to have had a burst tyre during its journey towards the Ikorodu area of the state.

Our correspondent learnt from an eyewitness that there were four people in the vehicle ─ two men, who were presumably conveying the textile wares to the market, the conductor and driver.

The witness, Idowu Kuba, said immediately the tyre burst and the vehicle lost control, the two passengers

Woman with one of the world's largest breasts is looking for love

   Woman with one of the world's largest breasts is looking for love

36 year old Kristy Love has one of the largest boobs in the world - 48NN breasts that weighs over 2 stone each, (equaling the weight of a small child). She said she and her boobs are looking for a man.

"It’s time for them to find a man. My boobies do not need to be alone. It’s time for them to find a man." she said

Kristy Love, from Atlanta, Georgia, works as a masseuse and earns over a thousand dollars a day rubbing and smothering clients with her massive boobs. See the photos after this...

What! Dog kicked by driver returns with other dogs & trashes his car (photos)

What! Dog kicked by driver returns with other dogs & trashes his car (photos)

You know what they say, truth is stranger than fiction. So according to this report from China (and they have photos to back up their story) a man returned home in Chongqing China to find a stray dog lying in his parking spot. The man got out of the car, kicked the dog and parked. You would think that would be the end of the matter, right? Well, not as far as the dog was concerned. 

Fire at Mile 12 'Diesel Black Market'

     Fire at Mile 12 'Diesel Black Market'

There was serious fire at Mile 12 Diesel Black Market this morning which has since been put out by firefighters. There were also some casualties who have been attended to. See more pics after this...

Exclusive photos from the fatal accident in Abuja this morning

   Exclusive photos from the fatal accident in Abuja this morning

There was a fatal accident this morning At Nicon Junction Abuja.  A trailer lost its brake and crashed into a car killing the passenger in the car and also a passerby. Good Samaritans came to the rescue of injured victims before Road Safety Intervened. RIP to the dead. More photos after this...

Daytime horror in Lagos: Robbers invade Lekki bank, kill three policemen, girl

Robbery scenes (One of the bandits (circled))

Three policemen and a fish seller were killed on Thursday by a gang of robbers who stormed the First City Monument Bank on Admiralty Way in Lekki, Lagos State.

It was learnt that the robbers, numbering 13 arrived the bank wearing military uniform and shooting sporadically for about 30 minutes.

Eyewitnesses claimed that the robbers, who were armed with   Ak-47 guns   gained entrance into the bank after overpowering the security men.

One of the witnesses claimed that before entering the bank, the gunmen shot at a police van stationed close to the bank.

The policemen, according to him,   engaged them in a crossfire and in the process three

Police rescue NACCIMA boss from kidnappers, arrest seven

The suspects

The Oyo State Police Command has rescued 78-year-old owner of Bond Chemicals and National Life Vice President of the Nigerian Association of Chambers of Commerce and Industry Mines and Agriculture, Chief Adebowale Omotoso.

Omotoso was rescued in Ajia, a remote village in the Egbeda Local Government Area of Ibadan.

The police said $1m was demanded from Omotoso’s family.

Those arrested on Monday in connection with the crime are a mother of three,

If I hear! Is this how all public Pry schools look like in Rivers state?

If I hear! Is this how all public Pry schools look like in Rivers state?

APC released these photos of Buhari and other chieftains visiting a primary school in Rivers state today and claimed that this is how all public primary school in the state look like. A member of the APC Presidential team, Lola Shoneyin shared the photos and wrote "All primary schools in Rivers State look like this. Happy pupils thrilled to meet 'President Buhari!'

Biko, Rivers state residents, is this what all your primary schools look like? See more pics after this...

Card readers and electoral system

Nigerian permanent voters card

The development and use of technology in achieving a special task in an efficient and effective manner to produce a verifiable result is taking a central stage of discourse and implementation in every aspect of human endeavour. The introduction of a smartcard reader machine by the Independent National Electoral Commission to determine the validity of the Permanent Voter Cards and their owners’ identity for elections in the forthcoming 2015 elections is considered a step forward by many. However, some believe that Nigeria is not yet ripe for a technology of this nature and magnitude in our electoral system.

The introduction of the card reader machine has generated wide ranging discussions on the tendencies either

Photos: Man allegedly beaten to a pulp by police officers in Lekki

Photos: Man allegedly beaten to a pulp by police officers in Lekki

According to eye-witnesses, mobile policemen attached to Zenith Bank branch at Elf Bus stop in Lekki Phase 1 beat this unidentified man to a pulp yesterday March 11th. Don't know exactly what he did to warrant such brutal assault. The man fell unconscious and was rushed to the hospital by the police and other passers-by who got involved. 

Hopefully, someone in higher authority will caution these officers. See more photos after this...

Five injured as fire guts Finecoat Paints

 

No fewer than five people have been injured after fire gutted the factory of popular Lagos-based Company, Chemstar Paints Industries Nigeria Limited, producers of Finecoat Paints.

Our correspondent learnt that Chemstar Paints, which is located on the Lagos-Abeokuta Expressway, Alagbado, Lagos State, has a three storey building office at the front, while its warehouse and factory are at the back.

The fire was said to have started from the factory section of the company.

There were, however, two accounts of what led to the fire.

A worker in the company, who craved anonymity, said it was during the uploading of fuel that the fire erupted, while another source said it was during the production of some paints.

But the company had yet to give an official cause of the incident.

Firemen from the Lagos State Fire Service, Manufacturers Association of Nigeria and officials of the Lagos State Emergency Management Agency and the Lagos State Ambulance Service, were said to be on ground as of press time.

Charley Boy releases new photos

           Charley Boy releases new photos

This Guy has turn to another thing. more pix......

Finally! Former Minister Musiliu Obanikoro confirmed by the Senate

Finally! Former Minister Musiliu Obanikoro confirmed by the Senate

Former Minister of Defence, Musiliu Obanikoro has been confirmed as a minister by the Senate. At its plenary sitting today, members of the senate asked him to take a bow and go since he was a former senator, an action that infuriated APC Senators who then staged a walkout in protest.