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Alleged N71.5m Fraud: Court Adjourns Okoronkwo’s Trial till Oct 29

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Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting in Independence Layout, Enugu State has adjourned the trial of an alleged notorious ponzi scheme operator, Chinedu Roland Okoronkwo, standing trial for N71, 580, 000 (Seventy One Million, Five Hundred and Eighty Thousand Naira) fraud till October 29, 2024.

Okoronkwo is being prosecuted alongside his company, Reliance Microfinance Cooperative Society Limited by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on 36- count charges bordering on carrying out banking businesses without a valid licence, forgery and obtaining by false pretence to the tune of N71, 580, 000.

When the matter came up on Thursday, October 10, 2024, counsel to the EFCC, Blessing Obasi presented the Ninth Prosecution Witness, PW9, Abubakar Abubakar Abubakar, an operative of the Commission, who narrated how a petitioner alleged that he was lured into investing N25million in Okoronkwo’s company (Reliance Microfinance Cooperative Society Limited) after he was made to believe that he can take back his principal sum after ninety days. After the said duration, the petitioner demanded for his principal sum and interest but was allegedly denied.

“Upon receipt of the petition, other petitions with similar complaints started flooding in and investigations commenced.

Investigation was extended to the defendant’s accounts at Guaranty Trust Bank and United Bank for Africa. Several responses were gotten and in GTB, he had like 10 accounts and they were analyzed accordingly.

“The analysis revealed that the victims invested their money into the second defendant’s company and the said money was not used for the said investment. He diverted the funds for his personal uses”.

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Pastor Chris Okafor weds fiancée amid ongoing controversy with actress Doris Ogala

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Pastor Chris Okafor has officially tied the knot with his fiancée, a development that comes amid the ongoing public drama involving Nollywood actress Doris Ogala.

The wedding comes weeks after Doris Ogala went public with claims that she dated the clergyman for several years and was promised marriage — allegations she repeated during a live session with Daddy Freeze, where she shared detailed accounts of their relationship and fallout.

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Ooni Of Ife Installs Ghanaian President Mahama as Aare Atayeto Oodua (Photos)

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The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, on Monday underscored African unity while conferring the prestigious chieftaincy title of Aare Atayeto Oodua of the Source on Ghanaian President John Dramani Mahama, stressing that Africans are “one people, one family” beyond colonial-era borders.

The ceremony, held at Afewonro Park within the Ooni’s Palace in Ile-Ife, attracted traditional rulers, political figures, and cultural dignitaries from both Yorubaland and Ghana, highlighting Ile-Ife’s historical significance as the spiritual homeland of the Yoruba people.

Receiving President Mahama with full honours and tight security, the Ooni, who also serves as Permanent Chairman of the Southern Nigeria Traditional Rulers Council, described the Ghanaian leader as a symbol of cultural continuity, economic reform, and Pan-African solidarity.

“This palace is familiar to you. You have been part of our journey and have grown with us,” Oba Ogunwusi remarked, acknowledging Mahama’s enduring connection with Ile-Ife even prior to his return to the presidency of Ghana.

The monarch further stressed that artificial boundaries imposed during colonial rule should not diminish Africa’s shared heritage, citing linguistic and cultural ties between the Yoruba and Ghana people.

“In Ghana, you say ‘Akwaabo,’ and here we say ‘Ekaabo.’ Are they not the same? We are one people, one family,” the Ooni declared.

 

Oba Ogunwusi recalled that during a previous visit to Ile-Ife after leaving office, prayers were offered with a prophetic declaration that Mahama would return to leadership, a prophecy he noted has since come to pass.

“To the glory of God, you are now a true reformer. Upon assuming office for a second term, Ghana’s economy witnessed a remarkable turnaround. We are immensely proud of your leadership,” he said, commending Mahama’s economic achievements and expressing confidence in his potential influence on the African Union.

In his acceptance address, President Mahama expressed heartfelt appreciation to the Ooni and the people of Ile-Ife, emphasising the ancestral links between Ghana and Nigeria.

“The people of Accra trace their lineage to Ile-Ife. We are one family,” Mahama affirmed, dedicating the chieftaincy title to all Ghanaians.

He also pledged to leverage his new role to strengthen bilateral relations and foster reconciliation within West Africa.

“As long as I serve as President of Ghana, I will work to deepen ties between our nations and bridge divides within ECOWAS,” he promised.

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PRESIDENT TINUBU CONGRATULATES SENATOR IFEANYI ARARUME ON HIS BIRTHDAY

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President Bola Tinubu felicitates Senator Ifeanyi Godwin Ararume, astute politician and accomplished businessman, on his birthday, December 16.

Senator Ararume’s odyssey in politics began in the late 1980s, when he served as the State Treasurer of the Liberal Convention in old Imo State. He later joined the National Finance Committee of the defunct National Republican Convention.

He represented Imo North in the 9th National Assembly. He was first elected in May 1999 and re-elected in April 2003. He also served on several committees and held other official roles.

President Tinubu commends the former senator for his years of service to the nation and contributions to its peace, unity, and progress.

The President describes Senator Ararume as a resolute and shrewd politician, highlighting his courageous and remarkable political journey through the years.

President Tinubu wishes Senator Ararume a happy 67th birthday and prays that God Almighty will grant him more years of good health and strength.

 

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