EFCC arrests CashNation boss ‘Kashy’ for alleged internet fraud

-
EFCC arrests CashNation boss ?Kashy? for alleged internet fraud


Babatunde Oyerinde Abidoun a.k.a. Kashy, said to be the owner of a record label 'CashNation Ent. Ltd' has been arrested by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in internet fraud. 

The suspect who shuttles between Nigeria and the United Arab Emirates (UAE) and allegedly uses the proceeds of his fraudulent activities to fund his lavish lifestyle, was arrested at his residence in Lekki Conservative Estate in Lagos following intelligence gathered overtime about his suspicious lifestyle.

According to the anti-graft agency, investigations linked his fraudulent activities to his domestic staff, Thomas Aliu Akwu who confessed to having different accounts domiciled in UBA, Ecobank, GTB, Zenith Bank and FCMB and also receiving money for his boss through the accounts.

Comments

Post a Comment

Popular posts from this blog

FG bars Air France, Lufthansa, Etihad, KLM, others from flying to Nigeria

-
Image
As Nigeria plans for the resumption of international flights on Saturday, September 5, September 5, the Federal Government has barred some airlines from operating in Nigeria. Speaking at the briefing of the Presidential Task Force on COVID-19 on Thursday, September 3, the Minister of Aviation, Hadi Sirika, said the international airlines denied flying approval include Air France, KLM, Etihad, Rwandair, Lufthansa, TAAG Angola Airlines, and others. According to Sirika, the airlines that have been given licence to operate include Middle-East, British Airways, Delta Airlines, Qatar Airways, Ethiopian Airlines, Egyptair, Air Peace, Virgin Atlantic, Asky, Africa World Airways (AWA), Air Cote-d’Ivoire, Kenya Airways, Emirate, and Turkish airlines. It is important that we announce the airlines that are allowed for operations into the country. The ones not approved are Air France. Middle East Airlines is approved for only Lagos (airport). British Airways (is) approved – allowe...
Read more

EFCC arraigns bank manager for $50,000 fraud in Onitsha (photo)

-
Image
  The Enugu Zonal office of the Economic and Financial Crimes Commission, EFCC Thursday, October  9, arraigned a former manager of the main market branch, Heritage Bank Limited, Fidel Omeje, before Justice D.A Onyefulu of State High Court, Onitsha on one count charge of stealing to the tune of Fifty Thousand United States Dollars ( $50,000) .   The offence according to the charge sheet is contrary to Section 342 of the Criminal Code Law Cap 36,Anambra State and punishable under Section 353 (6) and (9) of the same law.   A statement released by Wilson Uwajeren, the spokesperson of EFCC, alleged that Omeje, used her position as a manager of the bank and account officer of the complainant, to withdraw the said sum from the domiciliary account of the complainant on July 20, 2011 without authorization and converted same to personal use.   The statement added that the defendant pleaded not guilty upon arraignment, prompting the prosecuting counsel, Mike Ani to request...
Read more

House of Representatives members give Godswill Akpabio 48 hours to release names of lawmakers awarded a contract by NDDC

-
Image
Members of the House of Representatives have given the Minister of the Niger Delta Affairs, Godswill Akpabio, 48 hours to release the names of the National Assembly members who have been awarded contracts by the Niger Delta Development Commission, NDDC. Akpabio  at the investigative hearing of the House on Monday , July 20, claimed that most of the contracts by the NDDC were awarded to lawmakers. During its plenary sitting this morning, the Minority Leader of the House, Ndudi Elumelu, said the Minister, who alleged 60 percent of contracts from the NDDC was given to members of the National Assembly, should publish the benefiting lawmakers, especially members of the 9th Assembly.   Elumelu said the names of their companies and the contracts they got should be published or face the wrath of the House. He argued that such a statement casts aspersion on the integrity of the House and must be proven by the minister. According to Elumelu, th...
Read more