 Burob: 5:25pm On Jun 03 |
AirwavesReport:
Alleged $12m fraud: EFCC to arraign SunTrust Bank MD, Halima Buba, director
The arraignment of Halima Buba, the Managing Director/Chief Executive Officer of SunTrust Bank Ltd, and Innocent Mbagwu, the bank’s Executive Director/Chief Compliance Officer over alleged $12 million fraud could not proceed on Tuesday, May 27, 2025 due to the absence of the two defendants in court.
The EFCC had in the suit alleged that the two top executives of SunTrust Bank Ltd allegedly conspired and aided cash payments involving millions of dollars to different persons beyond the prescribed threshold without ing through a financial institution contrary to Section 21(a), 2(1), and 9(1)(d) of the Money Laundering (Prevention and Prohibition) Act, 2022, and punishable under Section 19(2)(b) of the same Act.
However, at when the hearing of the suit began on Tuesday before Justice Emeka Nwite of the Federal High Court, Abuja, the prosecution counsel Ekele Iheanacho, informed the court that the matter was slated for arraignment, but the defendants were not in court as the prosecution has been unable to effect service of the charges on them.
“My lord, the prosecution has not been able to serve the defendants. Ironically, they are apparently aware of today’s proceedings as their legal representatives are in court. My learned brother silk friend informed me earlier that they are willing to receive the service on behalf of their clients. We do not oppose this but we wish to comply with Section 382(5) of the istration of Criminal Justice Act (ACJA), which requires us to bring an application for substituted service by way of an ex parte application. This can be taken before the next adjourned date, and both parties have agreed that the arraignment can be rescheduled for June 4, 2025,” he said.
He further requested an adjournment, stating, “Subject to the court’s convenience, we are seeking June 4 for arraignment.”
Responding, counsel to the defendants, J.J. Usman, SAN, told the court that his clients were not properly served and only learned of the arraignment via social media.
“Our clients instructed us to appear in court because they read about the case on social media. They have not been served. We approached the learned silk for the prosecution and undertook to accept service on behalf of our clients. We asked him to serve us, but he refused. My lord has made several orders in similar matters allowing service through legal representatives. We are here and are pleading with the court to direct that service be effected on us. We are ready to appear with our clients on the next adjourned date,” he said.
He expressed concern that if the court did not direct service on counsel, the prosecution might resort to arresting and parading the defendants in the media.
In his rebuttal, Iheanacho argued that such fears were speculative.
“My lord, the court cannot make that order now until a formal application is brought. The fear expressed by the defence is speculative. The court does not dwell on speculation. We do not want to create a landmine where the issue of service could later become a basis to challenge the jurisdiction of this Honourable Court. It is better to make haste slowly, as over-speeding kills. Until the court grants substituted service, the prosecution reserves the right to arrest the defendants if found,” he said.
After listening to arguments from both sides, Justice Nwite adjourned the matter till June 4, 2025 for arraignment. He also directed the prosecution to file and bring its application for substituted service on counsel to the defendants on or before Thursday, May 29, 2025.
https://www.airwavesreport.com/business/alleged-12m-fraud-efcc-to-arraign-suntrust-bank-md-halima-buba-director
Nonsense.
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| Burob: 5:22pm On Jun 03 |
jamafa:
Not the richest again.
Nah N0 2 e dey now.
Ok, who is the richest black Person?
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| Burob: 5:20pm On Jun 03 |
TimeManager:
Dangote has fully keyed-in, before you know it, BUA will key in, other manufacturers will also follow suit. FG is already began locating CNG conversion stations at bus garages. Jagaban himself.
-Kiss the truth!
Bobloco I hope you have found the CNG trucks that u were looking 👀 for?
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| Burob: 5:18pm On Jun 03 |
TheMoment245:
A Federal High Court in Lagos has granted an interim order freezing the bank s of Okonjo Udokanma, the CEO/Executive Vice Chair of Fine and Country International (West Africa), a real estate firm, over an debt of $97,982.19 owed to Providus Bank.
Justice Lewis Allagoa, who presided over the matter, issued an interim freezing injunction restraining Mrs. Udokanma and her agents from withdrawing, transferring, or tampering with any funds in her s across six commercial banks—up to the debt amount or its naira equivalent at the prevailing Central Bank of Nigeria exchange rate.
https://themomentng.com/2025/06/03/bizwoman-okonjo-udokanma-in-the-news-over-97982-debt/
Is this news?
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| Burob: 5:17pm On Jun 03 |
BeardedMeat:
"ojojumo"
Is this how to write?
Muslims cannot afford to buy ram 🐏, it is your president’s fault that u cannot afford to buy just 1 Dodge Ram? 
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| Burob: 5:00pm On Jun 03 |
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9 Likes |
| Burob: 4:50pm On Jun 03 |
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1 Like |
| Burob: 4:48pm On Jun 03 |
CodeTemplarr:
What will this achieve? The real shot callers are laughing somewhere. After the dust has settled, they will hit again and take more territories. One group has effectively caged us all.
Ignorance is never an excuse.
45 Likes 2 Shares |
| Burob: 2:55pm On Jun 03 |
Agbegbaorogboye:
Even the statement is fake news
an interloper like yourself has the authentic truth?
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| Burob: 2:52pm On Jun 03 |
asfrank:
10 years after this GEJ thing still the pain una. Was the man supposed to rule forever, no be election him contest lose.. were u expecting the opposition to work for him..
This GEJ lost election and he has moved on, I don't even when last the man himself made reference to how he lost his election
bitter darls247.
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| Burob: 11:42am On Jun 03 |
Educationalserv:
Ram is now for super rich Muslim
Majority of the voting Muslims that voted Tinibu cannot buy Rams for Sallah
Rams cost from 250 k to 1m
TInibu minimum wage is 70k
Majority of state and federal government workers earn less than 200k so they cant buy ram for Sallah
Worst govt in history of Nigeria
Muslim did a Big Mistake
Am Sure if Atiku or Obi where president this will not be the Situation .
Obi will not Float Naira
what a very vague & myopic minded assertion from a Lazy man, what does ram have to do with the president?
You are looking for whom to blame for your laziness?
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| Burob: 4:23am On Jun 02 |
emkz:
Who is druglord? Please mention his name explicitly.
Assuming you are arrested to provide evidence of what you just said about druglord and bullion vans, will you be able to do so?
don’t mind that specialmati frustrated eyelashes, always using smiling emojis to hide his frustration.
The emojis help in disguising the bitterness in his words.
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| Burob: 4:07am On Jun 02 |
Brendaniel:
So you are actually paid to do this nonsense you are doing?
how much did Elon Musk collect from Donald Trump for Doge?
We do, what’s we do like scooby doo, you enemies of the federal republic of Nigeria will never get the key to Aso Rock.
An illusion to be pursued, but never attained
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| Burob: 10:30pm On Jun 01 |
Funflipper:
Was it Tinubu that started the PDP internal crisis which led to the breakup or the born to rule mentality of Atiku Abubakar and his bunch of fulani power mongers with the help of Amaechi the traitor. Tinubu only took advantage of the crack and Atiku fell for it because he believed he would emerge the presidential flag bearer by buying out the delegates which is his stock in trade but Tinubu who was a step ahead of him frustrated every move he made to gain access to the delegates because he already skewed the party primaries in favor of Buhari who couldn't match Atiku's money bag. That is why atiku is so mad!
one of the few wise comments so far.
1 Like |
| Burob: 10:27pm On Jun 01 |
AfonjaPriest:
Tinubu is not coming back for second term.
Tinubu ma lulé.
u children of fallacy never learn? such a shame.
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| Burob: 10:25pm On Jun 01 |
Bobloco:
Tinubu was one of the conspirators, but today he is the worst president Nigeria has ever had.
lazy man must follow complain.
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| Burob: 10:10pm On Jun 01 |
Brendaniel:
The way you guys lie with so much confidence and arrogance is one thing I know you guys are quite good at...
So you read something and you can't provide a copy of what you read and you are claiming you have read it...
This is how you go about deceiving people with so much confidence that you read something that doe not exist...
The president is more important to me than my state governor, why should I focus on a less important issue when the important one is on fire..
I know you guys don't know how to set priorities not because you don't know how to but once tribalism is in place, logic and rationality is thrown away for stupid.ity, so I'm not surprised...
You are like men who will keep chasing rats in your houses when your houses are on fire...
Who is more important in a country, president or governor?
Look at the st.upid way you people reason because of tribalism...
no food for lazy man.
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| Burob: 10:09pm On Jun 01 |
Brendaniel:
The president is more important to me than my state governor, why should I focus on a less important issue when the important one is on fire..
I know you guys don't know how to set priorities not because you don't know how to but once tribalism is in place, logic and rationality is thrown away for stupid.ity, so I'm not surprised...
You are like men who will keep chasing rats in your houses when your houses are on fire...
Who is more important in a country, president or governor?
Look at the st.upid way you people reason because of tribalism...
certified lazy man, keep deceiving yourself chasing shadows.
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| Burob: 10:07pm On Jun 01 |
Igirigimercenar:
. During Buhari/Amaechi reign,hunger wasn't this terrible. Infact people never knew what hunger is until the emergence of the emilokon disaster
Buhari is one thousand times better than tinubu
go & find work, or go & farm if u are hungry, no food for lazy man.
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| Burob: 10:05pm On Jun 01 |
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| Burob: 10:03pm On Jun 01 |
penearth:
Wait o! Which sane man or woman will vote APC with this HARSH economy crises. People are begging daily to feed o!
go & vote for the Pdp, who dey hold u?
1 Like |
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| Burob: 5:37pm On Jun 01 |
SatoshiX:
Adenuga, one of the most camera shy silent billionaire Nigeria has ever seen.
Despite being so wealthy and influential, youll rarely see him in the news for any reason. Even his children, aside brief stint in the news for Paddy, you can't find them anywhere near the paparazzi.
What a man!!
For Reno to pull this picture, he's not small. 💪
the chairman of chairmen.
1 Like |
| Burob: 12:16am On Jun 01 |
Brendaniel:
Leave my state governor alone, he did not devalue the naira, neither did he stop fuel subsidy or increase tax
leave my governor alone, is the exact same thing that Almijire from sokoto said, what an irony?
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| Burob: 12:06am On Jun 01 |
Brendaniel:
Since you read it, can you give me a copy of the one you read and that part that says it will end 20 months after it was ed?
please prove me wrong and I will apologize to you...
go & read it for yourself, or forever remain in your ignorance state of self denial.
Yes it is true, it is because of Tinubu that u are suffering in your motherland, yet I asked u to mention just 2 things your state Governor that u voted for happily has done for your existence in the past 2 years, shame no allow u mention 1 thing?
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| Burob: 10:37pm On May 31 |
Brendaniel:
This is not even about only subsidy, and it has nothing to do with the petroleum act because Buhari was still paying subsidy till his tenure finished.... are you saying Buhari was breaking the law since 2021?
the way you guys lie to defend nonsense....
ignorance like I said is never an excuse, subsidy under the petroleum act 2021 was scheduled to be removed 20 months after it was ed into law, the APC led legislators made it so that it kicked in after they had won the general election in 2023.
It is all there in black & white, but as usual the black man does not read, he prefers to assume.
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| Burob: 10:27pm On May 31 |
Brendaniel:
And what did he do ?
damage it more?
what has he saved at the end..... nothing
And Nigerians are paying more for food and so on...
And besides he ed the destruction of Nigeria for 8 years because he wanted to be president....
how greedy, selfish and wicked can he be....
please can you mention just 2 things that your state Governor in the last 2 years has implemented to improve your existence in your abode?
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| Burob: 10:19pm On May 31 |
Brendaniel:
That is what some of us are saying, why did Tinubu do what he did because some of us were shouting that he is putting the cart before the horse and it will backfire badly, some of us saw all of these but we were called haters for speaking the truth...
Look at it now so it means Tinubu is punishing Nigerians who are going through a lot for nothing...
Guy go & study logically, the petroleum industry act 2021, not President Tinubu removed oil subsidy, ignorance is never an excuse.
President no get power to remove oil subsidy, na only an act of legislation can do that.
Black man no go ever study critically, na them tell me be em own.
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