Showing posts with label EFCC. Show all posts
Showing posts with label EFCC. Show all posts

Tuesday, January 8, 2013

Two Pastors Jailed For 10 Years Over Illegal Banking

Pastor Glory Abrefera and Reverend Vincent Okpogo

Two ‘men of God’ Pastor Glory Abrefera and Reverend Vincent Okpogo have been sentenced to 10 years imprisonment each by Justice Ibrahim Buba of the Federal High Court, Asaba, Delta State.  

Justice Buba found Pastor Abrefera and Reverend Okpogo including their company, Mustard Seed Micro Investment Limited guilty on a four count charge of carrying out banking practice without licence. The accused persons were said to have collected over N1 billion from different individuals and organizations as deposits in an illegal banking practice. They have also failed to account for all the deposits they collected.

Mustard Seed Micro Investment Limited was convicted on two counts and fined N2 million on each of the counts. Pastor Abrefera and Reverend Okpogo, both directors of Mustard Seed Micro Investment limited, were also convicted on two counts and sentenced to 10 years imprisonment each. They were equally fined N2 million on each of the counts. The terms are to run concurrently.

Friday, February 17, 2012

EFCC re-arraigns Femi Fani-Kayode on 47-count charge


The Economic and Financial Crimes Commission (EFCC) has re-arraigned former Minister of Aviation, Femi Fani-Kayode on a 47-count charge of money laundering before a Federal High Court sitting in Lagos.

The former Minister who was first arraigned before Justice Ramat Mohammed of the same court on December 23, 2008, was re-arraigned before a new judge, Justice Binta Murtala-Nyako on Thursday because of the re-assignment of the case by the Chief Judge following the transfer of Justice Mohammed out of Lagos.