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Court Jails Hackers, Abass Mohammed and Others Who Defrauded Union Bank Of N2,550,000,000

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The commission received a petition alleging that fraudsters had hacked into the bank’s database and diverted the sum of N2,550,000,000.

Investigation into the petition revealed that the said money was fraudulently credited into the accounts of mostly BDC operators including one Jaxmine BDC, Gona BDC and Great Well Communication.

It was further revealed that Mohammed sourced for the account details of Jaxmine BDC from one of his friends, Lawal Ubah, who was a signatory to the account, and subsequently gave the details to one Salisu Liman (aka Zico), the ringleader of the syndicate.

The sum of N450m was then credited into the account.

Subsequently, the sum of N79m was transferred from the account of Jaxmine BDC into the account of Digare BDC owned by Jogal for the purpose of buying $500,000.

Further investigations revealed that Jogal only paid $80,000 to Mohammed and kept the balance of $420,000.

Jogal, investigations also revealed, said that he got information that the money was not genuine but fraudulent, thereby prompting Mohammed to open up to him that the money was stolen.

They were arraigned before Justice K.A. Jose of the High Court sitting in Igbosere, Lagos, on three-count charge bordering on conspiracy, retention and use of proceeds of criminal conduct contrary to Section 331(1)(b) of the Criminal Laws No. 11, Vol 44 of Lagos State 2011.

They pleaded “not guilty” to the charges, paving the way for the commencement of their trial.

In proving its case against them, the EFCC presented three witnesses – Vincent Agwu, a Union Bank official, and two investigators, Joseph Nkeson and Aliyu Abubakar.

Several documents were also tendered in court by the prosecution.

Delivering judgment, Justice Jose found the defendants guilty on counts two and three and discharged them on count one, which bordered on conspiracy to defraud.

Mohammed was sentenced to a term of one year in prison.

The trial judge further ordered that the sum of $37,000 and $7,000 recovered from him by the EFCC should be handed over to Union Bank, while the car recovered from him should be sold and the proceeds given to the bank.

Justice Jose observed that Jogal showed no contrition and failed to pay back a substantial sum of the money traced to him.

Subsequently, he was sentenced to a term of three years and ordered to return the sum of $220,000 and another $200,000 earlier recovered from him by the EFCC to Union Bank.

The judge also ordered that his property whose title documents he gave to the commission, should be sold and the proceeds handed over to the bank.

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Eid-el-Fitr: Araraume Salutes Muslims, Applauds Tinubu’s Leadership

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Senator Ifeanyi Araraume, a prominent chieftain of the All Progressives Congress (APC), has extended warm felicitations to Muslims in Nigeria and across the globe on the joyous occasion of Eid-el-Fitr.

In a statement to mark the end of Ramadan, Araraume highlighted the significance of the month long period of spiritual reflection, fasting, and devotion. “As Muslims gather with loved ones to share in the festivities, I join in the cheer, wishing everyone a blessed and peaceful Eid,” he said.

The Senator expressed profound appreciation to Muslim Nigerians for their contributions to the nation’s growth, describing their faith, resilience, and patriotism as beacons of hope. “Your unwavering commitment to Nigeria’s progress is truly commendable,” he stated.

As the country navigates its current challenges, Araraume called for unity, understanding, and collective effort. “Let us embrace the spirit of Eid, forgiveness, generosity, and kindness, to build a brighter future for ourselves and generations to come,” he urged.

Araraume also extended solidarity to President Bola Tinubu, a distinguished Muslim and the leader of APC, praising his visionary leadership and dedication to nation building. “President Tinubu’s commitment to serving Nigeria has been exemplary, and we assure him of our continued support,” he said.

Reaffirming the APC’s commitment to national prosperity, Araraume emphasized that the values of compassion, unity, and progress embodied by Eid align deeply with the party’s ethos. “As we mark this occasion, we reaffirm our dedication to creating a Nigeria where faith and ethnic background are not barriers to success,” he concluded.

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BREAKING: Tinubu, Starmer Meet as £746m Port Investment Deal Set for Signing

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President Bola Tinubu is currently meeting with United Kingdom Prime Minister Keir Starmer in a high-level bilateral engagement aimed at strengthening ties between Nigeria and Britain.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Monday, said the meeting will culminate in the signing of various Memoranda of Understanding and agreements, including those on trade, investment, defence, and cultural cooperation.

The statement said the meeting reinforces Nigeria’s commitment to deepening bilateral relations, attracting foreign investment, and modernising key infrastructure to support economic growth.

It added that a major highlight of the visit was the signing of a £746 million financing agreement between UK Export Finance, the Nigerian Ports Authority, and the Federal Ministry of Finance.

Morning Recap: Nigeria, Britain set for fresh security alliances, Saudi Arabia declares Friday Eid-el-Fitr, other top stories
The statement said the deal will fund the refurbishment of two key maritime infrastructures — the Lagos Port Complex (Apapa Quays) and the Tin Can Island Port Complex.

The President and the First Lady had earlier been the guests of their Majesties King Charles III and Queen Camilla at Windsor Castle.

Tinubu was accompanied by a high-profile delegation, including Senate President Godswill Akpabio; Attorney General and Minister of Justice, Prince Lateef Fagbemi; Minister of Solid Minerals, Dele Alake; Minister of Information and National Orientation, Idris Mohammed; and Minister of State for Foreign Affairs, Ambassador Bianca Ojukwu.

Other members of the delegation include Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole; Minister of Culture and Creative Economy, Hannatu Musawa; Minister of Communications and Digital Economy, Bosun Tijani; Minister of Defence, Gen. Christopher Musa; National Security Adviser, Malam Nuhu Ribadu; and Director-General of the National Intelligence Agency, Mohammed Mohammed.

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Breaking: Senegal Lose AFCON Crown as CAF Declares Morocco Winners

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Morocco have been officially crowned champions of the 2025 Africa Cup of Nations after the CAF Appeal Board overturned the result of the final against Senegal. The decision comes after extraordinary scenes in Rabat where the Lions of Teranga walked off the pitch in protest, leading to a retrospective 3-0 forfeit victory for the host nation.

In a detailed statement, the CAF Appeal Board confirmed that the appeal lodged by the FRMF was “declared admissible in form and the appeal is upheld.” This landmark ruling effectively strips Senegal of what would have been their second continental crown, rewarding the hosts for a match that descended into chaos during extra time.

The roots of the controversy lie in a heated moment deep into stoppage time when Morocco’s Brahim Diaz went down in the box. While the referee initially waved play away, a VAR review resulted in a spot-kick for the hosts. This sparked a furious reaction from the Senegalese bench, with head coach Pape Thiaw instructing his players to return to the dressing room in a protest that lasted several minutes.

The CAF Appeal Board found that “the conduct of the Senegal team falls within the scope of Articles 82 and 84 of the Regulations of the Africa Cup of Nations.” By leaving the field of play, Senegal was deemed to have infringed on the regulations, leading to the administrative 3-0 defeat. The ruling sets aside the previous CAF Disciplinary Board decision and confirms that the protest lodged by Morocco has been fully upheld

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