An adopted son of a former military Head of State, General Mohammadu Buhari has been arrested by operatives of the Economic and Financial Crimes Commission, EFCC, over an alleged N20( Twenty Million Naira only) fraud
The suspect, Mohammed Buhari, was arrested over a transaction that has the trappings of voodoo investment scheme. He allegedly obtained N20 million from one Mrs Florence Nwokocha, purportedly to invest in a lucrative oil and gas business with promises of mouth watery returns to the investor. Buhari was allegedly introduced to the lady by his account officer at Ecobank Plc and he agreed to pay Nwokocha, 30 percent annual interest on the sum.
But once the money was transferred, Buhari cleaned out the account but never paid any interest to the woman.
sources at the EFCC informs that the suspect claims he ran into trouble after he lost the bank guarantee which he secured from another new generation bank. The bank, he claims, voided the guarantee on the ground that the branch of the bank that processed it was not competent to do so.
Buhari is still in the custody of the EFCC as investigations in the case continue.
Source: SR
EdemAya, a community so rich in mineral resources, and one of the five clans that make up the present day Ikot Abasi Local Government Area of Akwa Ibom State, Nigeria is hosting the world on the 29 th of March 2013. As we gathered from the head of the organizing group, Miss Precious Dominic Akpan, the event is scheduled to take place at the Cooperative Hall, Ikot Ubo Akama, Edemaya in Ikot Abasi, Akwa Ibom State. Three beauties are to emerge from the event which promises to be the first ever organized pageant. The Eligibility Form which are currently on sale for a token of N 2,000 will qualify the contestants to struggle for Miss EdemAya, Miss Democracy of EdemAya and Miss Culture & Tourism of EdemAya. The screening and training of the contestants commences on 25 th through 28 th of March 2013. We have been reliably informed that the event will parade ‘who is who’ in the music industry in Akwa Ibom State and a popular reggae artist from Delta State. Imagine the sque...
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