Exposed! How FCMB Duped Sports Bet Company of N1b

Exposed! How FCMB Duped Sports Bet Company of N1b

If you’re investing on a mega business project and First City Monument Bank (FCMB) is your banker, you would reasonably have a rethink after reading this exclusive piece. It is a story of how the bank and its desperate crooked senior staff almost ruined a foremost sports betting company in Nigeria.

It all started late in 2018 when the owner of the betting company (names withheld) gave the Allen Avenue, Ikeja branch of FCMB an instruction to buy dollars equivalent to N1billion for his domiciliary account with the bank. It is a standard practice for the bankers to ensure that the foreign currency (dollars) appears in the customer’s domiciliary account before debiting him of the naira equivalent, and the customer made no mistake by emphasizing on this when he instructed Mrs Uki, his account officer at the bank to make the deal.

But out of greed, the senior officers of FCMB were sourcing for cheap dollars in order to make huge profit, and in the process threw the ethics of their profession to the winds. Mrs Joanne Oyenike was Allen Branch Manager of the bank then. She would later be sacked as a result of the scam and drama that trailed the transaction.

Another key figure in the scam is Mr Adeoye Adeyemo, who was FCMB’s Head of Commercial Banking as at then. His department would later be disengaged for lack of results. It was the Allen Branch Manager, Mrs Oyenike and Adeyemo who led this shocking scam you’re about to read.

Note that when the Allen branch of the bank’s Customer Service Officer (CSO), Mr Gboyega Johnson and Customer Service Manager (CSM), Mr Julius Ugwu got the notification for the transaction, they refused to treat it because the dollars have not reflected on the customer’s account accordingly. They declined to debit the customer’s account of N1billion as a result.

However, some crooked senior staff of the bank thereby moved the customer’s instruction to Oba-Akran branch of FCMB, where the sum of N1billion was fraudulently deducted from customer’s account without the dollar equivalent credited to his domiciliary account.

Meanwhile, the Sports Betting Company MD was seriously ill. Perhaps, he anticipated to use the money for his treatment abroad, but was denied the privilege by the crooked FCMB senior staff. It was until 2019 when he returned from his medical trip abroad that he decided to write the bank officially, and trouble started.

The bankers said the dollars equivalent of the N1billion was hanging (it could not be traced till date), and the customer threatened to withdraw all his company’s accounts from FCMB – that was when the management of the bank started begging him and proposed compensating him with N500million.

In fact, a prominent Southwest monarch was also approached by FCMB’s management to help in appealing to the cheated customer because he is one of the bank’s biggest customers.

[JUST IN] APC Crisis: DG, Progressive Governors’ Forum resigns

 

In the wake of the crisis which has trailed the February National Convention of the ruling All Progressives Congress (APC), the Director General (DG) of the Progressive Governors’ Forum (PGF), Salihu Lukman has resigned.

It was gathered that Lukman’s resignation followed Sunday night’s meeting of the APC Governors’ Forum where a few of the governors had demanded that he should be removed from office ‘for being too vocal’.

Many of the governors were said to have kicked against the demand saying the erstwhile PGF helmsman should be allowed to continue to speak in his personal capacity as a chieftain of the party.

More to follow…

 

BREAKING: Many people slaughtered in Kebbi as bandits attack, burn corpses [PHOTO]

 

Scores of residents have been feared killed in a midnight raid by terrorists known locally as bandits, in Kebbi State.

The bandits in their large numbers invaded Dan-Kade village in Unashi district under the Zuru chiefdom, killing an unspecified number of persons on Sunday night.

Residents have fled their homes as bandits have reportedly burnt many houses in the area.

A leader of a local Vigilante group in Zuru, Mani John, confirmed the attacks, according to Sahara Reporters.

The Kebbi State Police Command could not yet be reached for comments as of the time of publishing this report.

Bandits’ attacks have become a menace in Kebbi and almost every part of northern Nigeria.

Recall this newspaper reported at the weekend that bandits launched a brutal attack on the same Dankade village. It was learnt that the bandits operated unchallenged from 3pm to 7pm last Friday.

In recent times, northern Nigerian states like Kebbi, Zamfara, Kaduna, Sokoto, Niger and Kaduna have witnessed incessant attacks by terrorists. These lawbreakers have killed thousands of people, kidnapped hundreds and displaced thousands from their homes.

Bandits Demand Petrol, Viju Milk To Free Kidnap Victims In Niger State

 

Armed bandits have demanded gallons of petrol and viju milk, amongst other items, to free kidnapped persons barely 12 hours after President Muhammadu Buhari directed the military to embark on a robust military operation to tackle the worsening security in Niger State.

The bandits had invaded another set of communities across Kontagora and Mashegu Local Government Areas on Sunday which left three persons dead and 28 others abducted, according to eyewitnesses.

“The gunmen came on about 18 motorcycles, there were three of them on each of the motorcycles, they were shooting anyhow making the villagers to scamper into the forest

“The unlucky ones were kidnapped but one person was killed,” the eyewitness said.

The Vice-Chairman of Kontagora local government Council Alhaji Aliyu Makiga confirmed the attack to newsmen saying “the gunmen came through the Tegina route in their large number”.

He said security agents attempted to foil the attack but met “stiff resistance from the well equipped gunmen”.

“They kidnapped a lot of people but some were set free when their motorcycles could not carry all of them and others are still with them.

“They (gunmen) are demanding for a ransom of seven 50 litres jerrican of petrol, Viju Milk and other drinks,” he said.

It was earlier reported how President Buhari on Sunday directed the military to respond robustly to the cases of killings and kidnappings in the state through use of force.

 

Obi Cubana offers Lagos hawker university scholarship, employment

 

Popular businessman Obi Cubana has offered Ekuma Jeremiah, the Lagos hawker seen in a viral video giving money to inmates in Nigerian Correctional Service bus in Ajah, Lagos State, university scholarship and employment in any of his companies.

The socialite disclosed this in an Instagram live with media personality Daddy Freeze.

He said: “I am offering him a lifetime opportunity, he has to go to school I think that is his ambition.

“I will see him through the university and if he wants to do Masters abroad , I will make sure he is comfortable while going to school because like I said earlier, that is the best we can do for him.”

Cubana added: “He will do University, anything he wants and then by God’s grace I know I will still be standing by the time he is done with school, he has a place in any of my organisations at the top level and if by God’s grace he finds a higher calling, you see there is nothing tied to this, I do not expect anything in return.

” I am not giving any conditions for this but if he chooses not to go back to school we can now hear what he wants to do and then we see him through.

“The most important thing is to know that he has in me a mentor, he has in me a life guide in me. I will make it easy for him through God so I believe that God will give me health and strength.

“The guy will go to any University of his choice in good condition not just to pay school fees. He has a heart of gold. This is the kind of people we need.

“I pray that people will do eye service to get my attention, let them do this kind of thing, in doing that you don’t know when you get used to it the world becomes a better place”.

Daddy Freeze, in another live Instagram broadcast, announced the gesture to Jeremiah.

Jeremiah said: “I want to thank God for everything, he is God and he is God alone. It is only God who can do it. Just like I have always done to myself and it is my routine, if I wake up every morning I always pray to God and I shall continue to thank him. It is only God that has brought me this far. May his name be highly uplifted I praise his name.”

 

Billionaire Businesswoman, Folorunsho Alakija, embarks on evangelism Storms Lagos Streets to preach the gospel [Video]

 

Billionaire businesswoman, Folorunsho Alakija, on Friday, took to the streets of Lagos to preach the gospel.

 

Folorunsho Alakija according to Forbes is estimated to have a net worth of $1 billion as of 2020.

 

Before embarking on the evangelism, the philanthropist had taken to her Instagram page to share photos of herself and announced that she would be at Bode Thomas, Surulere.

 

She also urged her followers to join her as she preached the gospel of Jesus Christ.

 

Mrs Alakija wrote : “In Mark 16:15 Jesus Christ commended us to “Go into all the world and preach the gospel to all creation”. I will be at Bode Thomas Surulere today to preach the wonderful gospel of Jesus. Hope to see you there.”

 

In a video shared online, she is seen with a microphone in hand urging people to accept Jesus Christ into their lives and be saved.

 

She was also wearing matching T-shirts with other men and women who joined her in evangelising.

 

Watch the video below.

 

BREAKING: Terrorists storm Plateau State Polytechnic, abduct female students

 

Terrorists known locally as bandits on Thursday stormed Plateau State Polytechnic Barkin Ladi Campus and abducted two female students.

POLITICS NIGERIA reports that bandits and herdsmen have in the last 48 hours gone on rampage in Plateau state, killing people and kidnapping several persons.

Recently, the terrorists kidnapped Dorcas, wife of Silas Vem, the Deputy Chief of Staff to the Deputy Governor of Plateau State.

Mrs. Vem was abducted in front of her house, close to Government House in Rayfield, Jos while returning from an outing.

Another set of armed men also abducted a Director in the State Ministry of Health, Dr. Samuel Audu, in front of his house in Barkin Ladi Local Government Area of the state.

Mrs. Dorcas Vem and Dr. Samuel Audu were later released.

In another Plateau attack on Monday night, three persons were killed, while two others were injured at Tyana community in Riyom Local Government Area of Plateau State.

The deceased were said to have been ambushed and killed while returning to the community from Riyom town.

 

THE OSINBAJO, TINUBU COMPARISON BY AYO OLADELE PETERS

THE OSINBAJO, TINUBU COMPARISON BY AYO OLADELE PETERS

It is implausible that either the Vice President, Professor Yemi Osinbajo or his handlers are unaware of the several obviously sponsored articles and other forms of indecent propaganda in both the traditional and social media projecting the competition for the All Progressives Congress’ 2023 presidential ticket as one between Osinbajo and the National Leader of the APC, Asiwaju Bola Ahmed Tinubu.

Virtually all these write ups deliberately seek to de-market and portray Asiwaju in bad light while painting Osinbajo in rosy colors as the best candidate to succeed President Muhammadu Buhari. That nobody within the Vice President’s camp has called these mischievous and shadowy characters to order is most unfortunate given Osinbajo’s well known antecedents as a protege of the former governor of Lagos State under whom he served for eight years as Commissioner for Justice and Attorney General as well as Tinubu’s undeniable role in his ascendancy to Nigeria’s number two position in 2015.

One of such feature articles in a recent edition of a national newspaper had the title, ‘Osinbajo, Asiwaju: The Race to Make or Mar APC’. It is of course legitimate for Osinbajo to seek to succeed his boss as the next President of Nigeria. But his handlers should sell his supposed aspiration on its own merit rather than seeking to compare the VP’s suitability with his former boss, mentor and benefactor in such a way as to impugn the latter’s image and credibility. If they have chosen such a tack without anyone from the VP’s camp to call them to order, then it is only right to meet them on their own turf on the basis of logic and facts. For instance, the write up in question dwelt at length on what it described as Osinbajo’s loyalty to Buhari during his tenure as Vice President as one factor qualifying him not to only succeed his boss but also for the latter to be favorably disposed towards him. This is an emotional argument.

Yes, loyalty is a commendable quality in politics and every other sphere of life. But it is not by itself either a necessary or sufficient condition to qualify anybody to succeed in a critical leadership position particularly at this delicate period in Nigeria’s political evolution. And since his publicists are wont to compare Osinbajo’s suitability to lead Nigeria come 2023 with that of Tinubu, it is pertinent to ask in what way the Vice President has demonstrated loyalty and commitment to Buhari, the APC or Nigeria better than Asiwaju. Tinubu’s key roles both in the formation of the APC and the emergence of Buhari as President in 2015 are well documented and incontrovertible. Even President Buhari has consistently and publicly acknowledged this on a number of occasions. Yet, after the APC’s victory at the polls in 2015, some elements within the party for their own selfish reasons sought to draw a wedge between Buhari and Tinubu.

They did everything to distance Tinubu from the administration and alienate him from the President personally with some degree of initial success. It is no secret that Tinubu had negligible impact on or influence in the administration for at least the first phase of Buhari’s first term. Yet, Tinubu never took this personal. Given his own political acumen and leadership experience, he knew the kind of complex environment and tremendous pressure under which Buhari was operating. He never hesitated to publicly commend the President’s positive sides and achievements while also offering advise on solutions to some of the knotty challenges confronting the administration. This was at a time when many ethnic champions were playing divisive politics and seeking cheap popularity by whipping up sectional emotions. Asiwaju never resorted to this even when he was subjected to all kinds of blackmail by some mischievous elements in the South West. His support for and loyalty to Buhari and the APC has been rock solid.

It was obviously in realization of this that President Buhari personally chose Tinubu to lead and coordinate the campaign for his second term re-election in 2019. The issue of loyalty can thus not be plausibly and credibly raised as a factor that gives Osinbajo and edge over Tinubu. The article under reference also posited without the slightest scintilla of logical or empirical analysis that Osinbajo enjoys better broad support across regions in the country as well as among the youths and the middle and educated classes. These are at best untested assumptions and unproven assertions.

Widespread political support across the component parts of a complex polity like Nigeria is a function of a politician’s political structures and encompassing network. Political structures are not impersonal organizational machines. They are made up of teeming numbers of people, of personal relationships and bridges forged by a politician over time. Ever since his emergence as a Senator representing Lagos West in 1991 with the highest number of Senatorial District votes in the country, Asiwaju has not looked back. He has consistently and continuously expanded his personal friendships, group networks and cross-regional bridges over the last three decades. Without any equivocation, it can be safely said that, no politician in Nigeria today enjoys his kind of committed friendships and relationships across ethnic, regional, religious and even partisan divides. This kind of attribute and asset does not come by sitting in the quietness of your abode, feathering your nest and pursuing your personal interest. It is a function of hard work, sacrifice of time, resources and energy as well as commitment.

The attempt to portray Osinbajo as having an edge in popularity with youths as well as the middle and professional classes over Tinubu cannot fly. It is a pathetic non-starter. No political leader in this dispensation has encouraged, empowered and inspired youths to participate in politics and occupy as well as excel in public office like Tinubu. The increase in the number of Local Governments in Lagos State from 20 to 57 under Tinubu, for instance, provided opportunities for scores of youths to experience leadership training at the grassroots level. The number of talented young people identified by Tinubu, offered public appointments and who are now accomplished leaders in their own right is innumerable. Professor Osinbajo himself is one talented professional who was identified by Tinubu and given an opportunity to serve Lagos State with distinction in his area of specialization – law.

It is noteworthy that Tinubu also backed Osinbajo with the appointment of a Solicitor General and Permanent Secretary in the Ministry of Justice, the immensely gifted Mr Fola Arthur Worrey, who was also critical to the successes of the Lagos State Ministry of Justice under Osinbajo. We will recall that at one of the Asiwaju Tinubu’s birthday colloquiums, the governor of Edo State, Mr Godwin Obaseki, who delivered the toast, publicly stated that it was Tinubu who spotted him in the private sector and encouraged him to offer his services in the country’s public life. Beyond politics, there are numerous young, middle class professionals across diverse spheres of the private sector whose careers have been encouraged, promoted and boosted by Tinubu.

Osinbajo enjoys the clout and influence of public office as Nigeria’s Vice President. Anywhere he goes across the country, he will naturally be accorded the protocols and welcome attached to the office. This does not of course mean that he does not have his own admirers and supporters. But Tinubu since his exit from office as governor of Lagos State 15 years ago in 2007 has held no public office. The unprecedented admiration, friendship and loyalty he enjoys across the country today is thus not a function of the aura of public office and the sycophancy it breeds. This speaks volumes of the man, his character, his leadership qualities and the enduring nature of his relationships.

Ayo Peters is a public affairs analyst.

Federal Govt lifts Twitter ban with conditions

NIGERIANS now have access to the services of social networking platform, Twitter, following the lift of the ban on its operations in the country.

The Federal Government lifted the ban yesterday, thereby enabling the United States micro-blogging platform to recommence service by midnight (January 13).

A statement by the Technical Committee Chairman on Nigeria/Twitter Engagement, Mallam Kashifu Inuwa Abdullahi, said Twitter has met all the conditions set by the government.

Inuwa, who is also the director-general of the National Information Technology Development Agency (NITDA), said the government directed that the decision be communicated to Nigerians.

The decision was taken after President Muhammadu Buhari’s approval of a memo from Communications and Digital Economy Minister Isa Ali Ibrahim.

The NITDA boss said the lifting the ban was a deliberate attempt to recalibrate Nigeria’s relationship with Twitter to achieve the maximum mutual benefits for both parties.

According to him, the engagement will help Twitter improve and develop more business models to cover a broader area in Nigeria.

But the government warned the platform users to refrain from promoting divisive, dangerous and distasteful information.

It also advised all internet platforms against committing a crime by using a Nigerian Internet Protocol (IP).

”Such offence is synonymous with committing a crime within our jurisdiction,” Inuwa said in the statement

The statement reads in part: “In the memo, the minister updated and requested the President’s approval for the lifting based on the Technical Committee Nigeria-Twitter Engagement’s recommendation.”

Listing the conditions agreed to by Twitter, Inuwa said:

Twitter has committed to establishing a legal entity in Nigeria during the first quarter of 2022. The legal entity will register with the Corporate Affairs Commission (CAC). The establishment of the entity is Twitter’s first step in demonstrating its long-term commitment to Nigeria.
Twitter has agreed to appoint a designated country representative to interface with Nigerian authorities. The Global Public Policy team is also directly available through a dedicated communication channel.
Twitter has agreed to comply with applicable tax obligations on its operations under Nigerian law.
Twitter has agreed to enrol Nigeria in its Partner Support and Law Enforcement Portals. The Partner Support Portal provides a direct channel for government officials and Twitter staff to manage prohibited content that violates Twitter community rules. At the same time, the Law Enforcement Portal provides a channel for the law enforcement agencies to submit a report with a legal justification where it suspects that content violates Nigerian Laws. Taken together, these represent a comprehensive compliance apparatus; and
Twitter has agreed to act with a respectful acknowledgement of Nigerian laws and the national culture and history on which such legislation has been built and work with the FGN and the broader industry to develop a Code of Conduct in line with global best practices, applicable in almost all developed countries.
He added: “Therefore, the FGN lifts the suspension of the Twitter operations in Nigeria from midnight of 13th January 2022. We encourage all users of the Twitter platform to maintain ethical behaviour and refrain from promoting divisive, dangerous, and distasteful information on the platform.

“As patriotic citizens, we need to be mindful that anything illegal offline is also illegal online and that committing a crime using a Nigerian Internet Protocol (IP) is synonymous with committing a crime within our jurisdiction.

“Considering Twitter’s influence on our democracy, our economy, and the very fabric of our corporate existence as a Nation, our priority is to adapt, not ban, Twitter.

“The FGN is committed to working with Twitter to do anything possible to help Nigerians align and navigate Twitter algorithmic design to realise its potentials while avoiding its perils.

“In his approval, the President appreciates the Presidential Committee led by the Honourable Minister of Information and Culture, Alh. Lai Mohammed, for the supervisory role and guidance given to the Technical Committee during the engagement.

“Similarly, the Presidential Committee commends the Technical Committee for a professional, robust and productive engagement with Twitter Inc. It also appreciates Government Regulatory Agencies and Internet Service Providers who implemented the FGN’s directives during the suspension.”

Inuwa gave insights into why the government imposed the ban and what both Nigeria and Twitter had gained from the resolution of the spat.

His words: “You may recall that on 5th June 2021, the FGN suspended the operation of Twitter through an announcement made by Information and Culture Minister Alhaji Lai Mohammed.

“Thereafter, the President constituted a seven-man Presidential Committee to engage Twitter Inc. Subsequently, in its wisdom, the Presidential Committee set a 20-member Technical Committee comprising all relevant government agencies. The Technical Committee engaged and worked directly with the Twitter team.”

 

Governor Bello Hails Eagles’ victory over Egypt, says title is the goal

Kogi State Governor, Yahaya Bello, commended the Super Eagles of Nigeria for a spectacular start at the ongoing 33rd Africa Cup of Nations (AFCON) in Cameroon for defeating a formidable opponent, the Pharaohs of Egypt 1-0, in their group stage encounter.

The governor described the victory of Eagles over Pharaohs of Egypt as a sweet victory, charging the Eagles should put their eyes on the ultimate victory which is lifting the trophy.

The Governor strongly believes, like millions of soccer aficionados in Nigeria, that the spectacular outing in Garoua, Cameroon is a preview of what to expect from the committed and patriotic team as they lock horns against other opponents in the tournament.

Bello charged the Augustine Eguavoen-led team and the technical staff to keep their eyes on the ball, remain good examples on and off the field, and give the diehard fans and all Nigerians more exhilarating moments to celebrate.

While praising the general performance of the team and the technical crew, Bello also commended the Super Eagles Defence for its solidity that remained impenetrable for the Egyptian strikers throughout the game.

He charged the team to soar like an eagle in order to write another glorious page in the soccer folklore for the country.

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