Friday, 18 September 2015
jTimaya escapes death again
Music star Timaya has a lot to be thankful for. He shared a photo of his badly damaged Bentley on Instagram and explained that he had survived an accident yesterday. The photo shows the front of his car badly damaged suggesting that the impact with which his car hit an obstacle must have ...
Mikel finally scores two goals in a match...Check out what he said about his twin babies
e shared the photo on his instagram page and wrote "My whole world in my arms. Welcome to the world, my angels." Now, the question we all want to know is; who is the baby mama? Longtime girlfriend, Olga? Who knew she was pregnant? We go soon find out sha.
Police given Three days to arrest Nigeria's senate president, Saraki
Chairman of the Code of Conduct Tribunal, Danladi Umar has issued a Bench warrant for the arrest of Senate President Bukola Saraki. The IGP and other security agencies have been ordered to produce him by Monday!
Friday, 11 September 2015
EFCC apprehend BGL boss, Okumagba over alleged N28.9bn fraud
The Managing Director of BGL Plc, Mr. Albert Okumagba, has been arrested by officials of the Economic and Financial Crimes Commission EFCC for allegedly being involved in a N28.9bn fraud.
According to Punch, Okumagba was arrested on Wednesday September 9th following a petition by the Security and Exchange Commission in May, 2015.
"The EFCC has arrested Mr. Albert Okumagba, Group Managing Director of BGL Plc, a financial services company, for offences allegedly bordering on obtaining money by false pretences. The 51year old, who hails from Delta State, was picked up late Wednesday, September 9, 2015, by operatives of the EFCC. His arrest was triggered by investigation into a petition submitted to the anti-graft agency by the Security and Exchange Commission in May 2015. The suspect is alleged to have diverted the sum of N28.9bn being proceeds of private placements of 4.3bn ordinary shares of 50k each at N7.00k per share in 2007. The company, whose subsidiaries include BGL Capital, BGL Private Equity, BGL Security and BGL Asset Management, allegedly lured 50 investors from across the country into subscribing to the company’s shares, promising them options of liquidity and exit within two years"the source said
The source added that contrary to promises made to them by Okumagba, his investors were
not able to liquidate their assets. He also failed to fulfill a promise of listing his organization, BGL on the Securities
and Exchange Commission two years after the offer in 2008.
Confirming his arrest, the Head of Media
and Publicity of the EFCC, Wilson Uwujaren said he was being
interrogated. No fewer than 40 petitions were said to
have been sent to the SEC against BGL by aggrieved capital market
investors in the country as well as the Rivers State Ministry of
Finance.
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Monday, 7 September 2015
Joseph Yobo celebrates with his family as he turns a year older
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