Lagos forex trader in court over N221m theft


The police have arraigned a forex trader, Temitope Badmus, for allegedly stealing N221.6m from six investors.

Our correspondent gathered that the 36-year-old allegedly collected the money from the complainants on the pretext of trading with it on Forex Online trading platform.

Badmus was arraigned before Magistrate A.O. Salawu on six counts of stealing.

The prosecutor, Godwin Oriabure, who held brief for the prosecution counsel, J. Ebosereme, said the offences contravened Section 280 and were punishable under Section 287 (9) of the Criminal Law of Lagos State, Nigeria, 2015.

The charges read in part, “That you, Temitope Badmus, from February 2022 to September 2022 at No 2, Taiwo Close, Surulere, Lagos, in the Lagos Magisterial District, did receive and stole by fraudulent conversion to your use the sum of 93,300,000 that was meant for you to trade with on Forex Online trading platform, property of one Oladimeji Akolade, thereby committing an offence.”

The defendant pleaded not guilty to the charges.

Magistrate Salawu admitted the defendant to bail in the sum of N3m with two responsible sureties in like sum, who must have landed property in Lagos State.

The case was adjourned till February 23, 2023, for mention.

Source: Punch News

Breaking: One Feared Dead As Hausa, Yoruba Clash In Ibadan

Activities in Ringroad/ Mobil axis of Ibadan, Oyo State Capital was put to an hold in the early hours of Sunday, July 24, 2022 as clash occurred between the Yoruba and Okada riders who were of Hausa tribe.

Our correspondent learnt that a disagreement ensued between the Yorubas and Hausas which led to the severe matchete of a Yoruba man and in retaliation, the Yoruba people mobilized themselves and attacked them.

Waterfield Luxury Hotel Akobo, Ibadan

It was learnt that during the fight, many shops were razed, people were seen scampering for safety while the commercial activities were paralyzed.

As at the the time of filling this report, the total number of casualties are unknown. Men of the Amotekun Corps are currently stationed there to restore nolmacy.

Details later.

Ondo Islamic Cleric Caught With Human Head Allegedly Dies In Custody

An Islamic cleric and suspected ritualist, Alfa Tunde Olayiwola, who was arrested for being in possession of a fresh human head, has died in police custody.

Olayiwola, who also claimed to be a herbalist, was paraded along with other suspects by the state Commissioner of Police, Mr Oyeyemi Oyediran, last Thursday at the command headquarters, Akure.

According to the police commissioner, the deceased was arrested at the Oka area of Ondo town.

Oyediran said, “On December 23, 2021, around 9am, the police received information that a self-acclaimed cleric named Alfa Tunde Olayiwola, a suspected ritualist, was about to receive a consignment suspected to be a human head.  The police immediately swung into action and the cleric was apprehended at the Ajagbale area of Oka, Ondo town.

“A fresh human head was found in his custody.  He confessed that the head found in his possession was to be used to ensure he had a better life.”

The 55-year-old Olayiwola, who confessed to the crime, had said he bought the head from a man, whom he did not identify, for N60,000, adding that he wanted to use it for a money ritual.

Oduduwanews learnt that the suspect died on Saturday, as the cause of his death had yet to be ascertained.

The state Police Public Relations Officer, Mrs Funmilayo Odunlami, confirmed the death of the suspect.

You cannot copy content of this page