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Tuesday, 26 November 2013

Late MKO Abiola's wife Dr Doyin Abiola reportedly arrested for fraud

According to a report by Sahara Reporters, one of late MKO Abiola's wife, and former MD of the defunct Concord Newspapers, Dr. Doyin Abiola has been arraigned before the Federal High Court, Lagos, for fraud.

A statement signed by Police Public Relations Officer DSP Ngozi Isintume-Agu said that the Financial Malpractices Investigation Unit (FMIU) of Special Fraud Unit (SFU) said that between 2006 and 2008, as a Director of the Integrated Microfinance Bank, Dr. Abiola granted to herself without collateral and approval from the Management, the sum of N26,611,246.48.

Dr. Abiola, of 42/46 Moshood Abiola Crescent, Ikeja, Lagos, and wife of the late Chief Moshood Abiola, is one of four Managing Directors or Directors of Integrated Microfinance Bank (IMFB) located at 6A Adeniyi Jones Avenue, Ikeja, who were arrested and charged by the SFU.

The others are Akinteye Simon Ademola, Dr. Jerry Orimovuohoma and Oladapo Bello.
The SFU said the four officials of IMFB unauthorized credit facilities to the tune of N327,566,000 to themselves and other related companies without collateral and that the loans are still outstanding. In the forensic investigation conducted by FMIU of SFU, the Directors were found wanting in the discharge of their duties while on the Board of Integrated Microfinance Bank (IMFB).

· Ademola of Plot 7, block 90, Mobolaji Ogunde Crescent, Magodo GRA Phase 2, Lagos converted the sum of N131.176 million to his personal use without approval.

· Orimovuohoma of 129B Oba Ladejobi Street, GRA, Ikeja granted unauthorized credit facility to the tune of N29,200,000.00 to himself without collateral.
· Bello of 23/25 Ijora Causeway, Ijora, Lagos recklessly granted the sum of N3,200,000.00 to himself without collateral.
“The bank liquidity was greatly affected with the sum the directors took,” the statement said. The case comes up at the Federal High Court on December 10.

Culled from Sahara Reporters

TRAINEE PLANE CRASH

Three escape death in Ilorin trainee plane crash

Ilorin - Three crew members on board a training aircraft of International Aviation College, Ilorin, escaped death as the plane crashed during a routine exercise.

The minor incident occurred at about 11.33 a.m. on Monday within the vicinity of Ilorin International Airport.

The college’s Acting Rector, Captain Nuhu Abdulkareem, who announced the plane crash at a press conference in Ilorin, said it was the first recorded incident since its inception.

Abdulkareem said the three crew members of the single engine Diamond aircraft with registration number 5N-BRD were later taken to the college’s clinic for proper check-up and were certified fit.

He said the college had established contact with the Nigerian Civil Aviation Authority and the Accident Investigation Bureau, statutory bodies responsible for regulating aviation safety and investigating incidents.

He said the management of the college was awaiting the arrival of the officials of both agencies from Abuja to investigate the incident.

ASUU STRIKE

ASUU gives conditions to end strike

Abuja - The Academic Staff Union of Universities has stated some conditions to be met by the federal government before it calls off its strike, Daily Post reports.

The union executives met in Kwara State on Friday to deliberate on the strike and came out with some resolutions including the payment of four months salaries owed its members, immediate implementation of the N1.2tn offer by the Federal Government to public universities, starting with the release of N100bn this year.

It was gathered that about 60 per cent of the members of the National Executive Committee (NEC) supported the discontinuation of the strike while the remaining 40 per cent voted in favour of the continuation.

The lecturers have been on strike since July 1 over the non implementation of the 2009 agreement.

Read more at Daily Post

FIRE OUT BREAK AT EBONYI

Ebonyi records 108 fire incidents

Abakaliki - The Director of Fire Service in Ebonyi, Simon Nkpuma, on Monday in Abakaliki said the state capital recorded 108 fire incidents between January and November, 2013.

Nkpuma told the News Agency of Nigeria (NAN) that the timely intervention of the organisation through rapid response to distress calls had averted colossal damage from the incidents.

"Between January and November, our office has received no fewer than 108 fire calls from different parts of the city and its environs.

"Through the rapid response by our officers and men, we were able to contain the incidents with less degree of damage and only four lives lost from them," Nkpuma said.

He said the service had also enhanced the capacity of its personnel through training and retraining.

The director, however, called for adequate fire-fighting equipment, saying the efforts of the service were greatly hampered by lack of modern equipment.

He also called for adequate funding to enable the organisation improve upon its service delivery.

"We have enough manpower to execute our mandate and serve the public better.

"But our greatest challenges are in the areas of inadequate fire-fighting machines and other equipment critical for our job.

"More fire stations should be created in the 13 local government areas (LGAs) of the state for efficient service delivery," Nkpuma said.

He said the unit had embarked on public enlightenment campaigns on the prevention of fire incidents.

The director called on residents to always put off electrical appliances while leaving their homes and offices.

He also appealed to landlords and tenants to keep fire extinguishers in their apartments.

"As we enter into another fire season, it is pertinent we utilise various fire outbreak prevention tips to avert fire disasters," he said.

- NAN26 November 2013, 12:05 -