Crime Facts

CBN sells forex to BDCs at N1,251/$1

  The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that they sold $10,000 to each BDC at a rate of N1,251 per US dollar. Nairametrics reports that the CBN, in a circular, instructed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5% above the purchase price. It reads: “We refer to our letter to you referenced TED/DIR/CON/GOM/001/071 in respect of the above subject wherein the CB approved a second tranche of sale of FX to eligible BDCs.   “We write to inform you of the sale of $10,000 to each BDC at the rate of N1,251/$1. The BDCs are to sell to eligible end users at a spread of NOT MORE THAN 1.5 per cent above the purchase price.” Details later

A’Ibom man escapes lynching for stealing goat

  A 25-year-old man simply identified as Monday, yesterday escaped lynching after being caught with two live goats allegedly stolen in Obio Ndot, Oruk Anam Local Government Area, Akwa Ibom state. Monday who hails from the community but resides in Uyo, was alleged to have sneaked into the village and caught trying to make away with the goats.   A community source disclosed that the alleged thief, an ex-convict, is noted for stealing livestock from the community to sell off in Uyo since returning from prison for similar vices. He said, “On this occasion, he was caught red-handed by youths in the community. After being given the beating of his life, petrol was being sourced to roast him alive when elders of the community intervened and called in the police who rescued him. “This same Monday who sells roasted pork in Uyo, had two years ago stolen two goats from the community and was caught trying to move them out on a chartered tricycle (Keke). “He escaped from the tricycle at that time, leaving the rider arrested and taken to the police station at Abak Divisional headquarters.” The alleged thief, on this latest allegation confessed to the crime, saying, “It’s hunger that pushed me into this mess, promising to repent if left off the hook. A senior police officer confirmed the rescue of Monday, noting that, “Investigation is still ongoing and he would be handed over to legal department for prosecution. “After rescuing him beaten to stupor, he was taken to a private clinic for first aid treatment before being taken to the police station where he is currently cooling his feet.”

FG invites Gumi for questioning on bandits’ activities

  The Federal Government says it has invited Kaduna-based Islamic cleric, Ahmad Gumi, over his comments on the activities of bandits in the country. This was disclosed by the Minister of Information and Orientation, Mohammed Idris, on Monday while addressing journalists at the State House, Abuja. Idris said Gumi is not above the law, noting that the government has deemed it

Man slumps, dies during fight in Kwara

  A man identified as Usman Abubakar reportedly died during a fight that occurred at Isale Koko, Ojagboro area, Ilorin in Ilorin East Local Government Area of Kwara State. The incident, which happened last Wednesday and claimed the life of the deceased, was a result of the combat between him (the deceased) and another man identified as one Omotosho Jimoh of Elekoyangan area, Oke-Suna, Ilorin, who is now at large. The incident, according to the police, was a result of a minor issue that degenerated into combat and later led to the death of Usman. A statement by the state Police Public Relations Officer read, “The Kwara State Police Command is saddened to report a tragic incident of culpable homicide which occurred on March 20, 2024, in Ilorin. “I Cannot Call My Forefathers Unwise Because I’m A Christian” -Says A Herbalist Who Is Also A Pastor0.00 / 0.00 “At about 2030hrs on March 20, 2024, Mr. Adebayo Ahmed, a resident of Isale Koko, Ojagboro, Ilorin, reported a distressing incident involving his son, Usman Abubakar. “It was reported that on the same day, around 1930hrs, Usman engaged in hand-to-hand combat with one Omotosho Jimoh of Elekoyankan Area, Oke-suna, Ilorin, over a minor issue. “Tragically, during the altercation, Usman Abubakar slumped and was rushed to the hospital, where he was pronounced dead by medical personnel. “Immediately, the scene of the crime was visited, and the necessary documentation was carried out. However, the family of the deceased has declined to release the body for autopsy, insisting on burial according to Islamic rites. “Presently, the suspect, Omotosho Jimoh, is at large. The Kwara State Police Command has initiated a preliminary investigation into the matter, and efforts are underway to apprehend the suspect and ascertain the full circumstances surrounding this unfortunate incident.” Ejire-Adeyemi said the Command assured the public that efforts were being made to bring the perpetrators to justice. In March 2023, a male adult slumped and died during an argument over a parking space at a supermarket on Admiralty Way in the Lekki area of Lagos State. Operatives of the Edo State Police Command, in October 2023, arrested a 21-year-old man identified as Ononomeh Badamasi over the circumstances surrounding the death of a 52-year-old man, Orumidayo Awolowo, who went to demand money owed him. The Lagos State Police Command also confirmed last month that a man, Adebayo Adeseko, and his girlfriend, Sarah Adesanya, died after fighting in their apartment.

Release of Kuriga schoolchildren secured without ransom, says FG

  The federal government has said that no ransom was paid to free the pupils who were abducted from Kuriga village in Kaduna state. This was revealed by Minister of Information and National Orientation, Mohammed Idris, during Monday’s Federal Executive Council (FEC) meeting presided by President Bola Tinubu at the Presidential Villa in Abuja. Idris said: “As promised by Mr. President, they have been rescued. No ransom was paid.” The minister applauded President Tinubu, the National Security Adviser (NSA), the Service Chiefs, and everyone else who made a significant contribution to the kids’ release. The Nation reported that President Tinubu had vowed that the Federal Government would not pay any ransom to secure the release of abducted victims. The minister added that President Tinubu has directed security services to step up their efforts to put an end to the nationwide kidnapping crisis. He said: “The President has also charged security agencies to make sure kidnappings are brought to a halt, and all the perpetrators of kidnapping will be fished out and punished.”

Report: MTN loses 7.3 million subscriptions

  Nigeria’s leading telecom operator, MTN Nigeria, has experienced a decline in its active subscriber base following the implementation of directives mandating the linkage of SIM cards with National Identification Numbers (NIN). According to recent industry data released by the Nigerian Communications Commission (NCC), MTN’s total active subscriptions, which stood at 87 million in December 2023, dropped to 79.7 million in January. Recall that in December 2023, NCC issued a directive to telecommunications operators (MTN, Airtel, Globacom, and 9mobile, among others) to implement full network barring on all phone lines for which the subscribers have not submitted their national identification numbers (NINs) by February 28, 2024. MTN disclosed that it disconnected 4.2 million lines in compliance with the NCC’s directive on NIN-SIM linkage. Since December 2023, when the NCC issued the directive requiring full barring of subscriber lines not linked to NIN, MTN has verified a total of 19 million lines. Out of these, 4.3 million have been verified, and 4.2 million have been disconnected as of February 28, 2024. In contrast, Airtel and Globacom reported marginal gains in their subscription databases for the month, despite the ongoing disconnection exercise.

Our executive, Anjarwalla no longer in Nigerian custody – Binance

  Binance, the global cryptocurrency exchange, has confirmed that its executive, Nadeem Anjarwalla, is no longer in Nigerian custody. The spokesperson for Binance, Samantha Fuller, disclosed this information to PUNCH Online via email on Monday. The crypto exchange said its concern continues to be the safety and well-being of its employees, and it is actively collaborating with Nigerian authorities to swiftly resolve the matter. “We were made aware that Nadeem is no longer in Nigerian custody. Our primary focus remains on the safety of our employees, and we are working collaboratively with Nigerian authorities to quickly resolve this issue,” said Fuller. However, the spokesperson did not provide details on how the executive left Nigerian custody. PUNCH Online reported that the 38-year-old British-Kenyan citizen fled on March 22 from the Abuja guest house where he and his colleague were being held. The detention of Anjarwalla and his colleague, Tigran Gambaryan, unfolded after they arrived in Nigeria on February 26, 2024. Gambaryan, a U.S. citizen overseeing financial crime compliance at Binance, and Anjarwalla, hailing from a British-Kenyan background and serving as Binance’s Africa regional manager, encountered detainment upon their arrival in Nigeria on February 26. The circumstances surrounding Anjarwalla’s escape remain unclear, as he allegedly took advantage of a visit to a nearby mosque for prayers during Ramadan to evade authorities.   Despite his British passport being in Nigerian custody upon entry, Anjarwalla reportedly fled using a Kenyan passport, raising questions about how he obtained it while in custody. Earlier, PUNCH Online reached out to JNPR, the public relations agency that works for Binance executives, for confirmation on the matter. The communications consultant at JNPR, Jessica Gois, stated, “I am currently seeking feedback from my clients. Unfortunately, I can’t share any information at the moment. As soon as I receive any updates, I will let you know.” Authorities are now scrambling to ascertain Anjarwalla’s whereabouts and the specifics of his escape, with investigations underway to determine his intended destination. Last week, the families of the executives said they would remain in detention for at least two more weeks in Nigeria. The duo appeared in court for the first time on Wednesday, even though they were not charged with a crime. This detention follows Nigeria’s recent crackdown on various cryptocurrency trading platforms. On March 8, the exchange announced its decision to cease its naira-to-dollar exchange services in Nigeria due to a dispute with Nigerian authorities, who accused the platform of manipulating the country’s foreign exchange rate. The Central Bank of Nigeria Governor, Yemi Cardoso, said that over $26bn in illicit funds had transited through the platform in the previous year.

Senegal Opposition Candidate Closing In On Victory, Ruling Camp Contests

  Senegal’s anti-establishment candidate Bassirou Diomaye Faye appeared early Monday to be closing in on victory in a presidential poll that follows several years of unrest and a political crisis, while the governing coalition said it was certain of a second-round vote.   Whoever comes out on top will be tasked with steering Senegal, viewed as a beacon of democracy in coup-hit West Africa, out of its recent troubles and managing revenues from oil and gas reserves that are shortly to start production. Uncertainty reigned over the outcome of the poll, with official results not expected before the end of the week and an absolute majority is required for a first-round win. Opposition figure Faye had promised voter’s profound change and a presidential programme of left-wing pan-Africanism. He appeared clearly ahead of the governing coalition’s former prime minister, Amadou Ba, according to provisional results from individual polling stations published by local media and on social networks. After weeks of confusion, Senegal’s top constitutional body overruled Sall’s attempt to delay the vote until December and forced him to reset the date to March 24, resulting in a rushed campaign that clashed with the Muslim fasting month of Ramadan. Ba, Sall’s hand-picked would-be successor would inherit Sall’s legacy which includes mass arrests, persistent poverty, 20-percent unemployment and thousands of migrants setting off on the perilous voyage to Europe each year. Several episodes of unrest triggered partly by a stand-off between firebrand Sonko and the state have seen dozens killed and hundreds arrested since 2021. AFP At least seven of the presidential contenders congratulated Faye in light of initial indications from the ongoing vote count. “Congratulations to Bassirou Diomaye Faye on his unquestionable victory,” the only woman candidate, Anta Babacar Ngom, posted on X, formerly Twitter. Dethie Fall congratulated Faye “on his fine victory, clearly achieved in view of the very strong trends that are emerging”. Faye, 44, and Ba, 62, — both former tax inspectors — had emerged as the favourites to win in a crowded pack of 17 candidates. Hundreds gathered at Faye’s campaign headquarters in the capital Dakar late Sunday, singing and dancing to the sound of klaxons and drums. Young people on motorbikes paraded the streets chanting “to the (presidential) palace”. The atmosphere was more sombre among the few dozen supporters at Ba’s headquarters. But Ba’s campaign management said that according to its experts, it was “certain to be, in the worst case scenario, in a second-round”.   It also accused Faye’s camp of attempted “manipulation”. “It is not inevitable that Senegal will slide into a populist adventure,” the statement added. Choice for the change’ A victory for the opposition’s Faye could herald a systemic overhaul in Senegal. The anti-establishment figure has pledged to restore national “sovereignty,” fight corruption and distribute wealth more equitably. He has also promised to renegotiate mining, gas and oil contracts signed with foreign companies, with Senegal due to start hydrocarbon production later this year. “I remain confident about the choice for the change that I am able to embody better than any other candidate,” Faye said as he voted earlier Sunday. Ba meanwhile pitches himself as the continuity candidate for outgoing President Macky Sall. Both contenders pitched themselves as the best candidate for young people in a county where half the population is under 20. “I voted for Diomaye without thinking,” said Diaraaf Gaye, all 26-year-old shopkeeper, earlier in the day. “It’s time for the country to start on a new footing with young people” in power. ‘Finally got there’ Senegal was originally due to vote on February 25, but an 11th-hour postponement by Sall triggered the worst political crisis in decades that left four dead. Some 7.3 million Senegalese were eligible to cast their ballot on Sunday. Voters queued calmly outside polling stations, many having woken up early to pray before daybreak before heading straight to polling stations. “We finally got there. May God be praised,” said Mita Diop, a 51-year-old trader. “Recent times haven’t been easy for Senegal which has experienced several upheavals.” Opposition figurehead Ousmane Sonko — who was barred from standing due to a defamation conviction — said young people had “massively” turned out to vote. “We are convinced that at the end of this day the victory will be dazzling,” Sonko said, referring to his deputy and endorsed candidate, Faye, as he voted in his southern stronghold of Ziguinchor. Hundreds of observers from civil society, the African Union, the ECOWAS regional group and the European Union were on hand. The head of the EU mission, Malin Bjork, said voting had taken place “calmly, efficiently and (in a) very orderly manner”. After weeks of confusion, Senegal’s top constitutional body overruled Sall’s attempt to delay the vote until December and forced him to reset the date to March 24, resulting in a rushed campaign that clashed with the Muslim fasting month of Ramadan. Ba, Sall’s hand-picked would-be successor would inherit Sall’s legacy which includes mass arrests, persistent poverty, 20-percent unemployment and thousands of migrants setting off on the perilous voyage to Europe each year. Several episodes of unrest triggered partly by a stand-off between firebrand Sonko and the state have seen dozens killed and hundreds arrested since 2021. AFP

Death Toll In Bauchi Alms Distribution Stampede Rises To Seven

  The death toll in a tragic stampede during an almsgiving programme in Bauchi over the weekend has risen to seven, police authorities in the state say. Six of the victims were pronounced dead at the Abubakar Tafawa Balewa University Teaching Hospital while one died at home. The spokesman of the Bauchi Police Command Ahmed Wakilin said this on Monday while giving an update about the incident. He gave the details of the deceased as follows: 1. Aisha Usman ‘f’ aged 13yrs of Gwang Gwang Gwang, Bauchi 2. Sahura Abubakar ‘f’ aged 55yrs of Anguwan, Bauchi 3. Aisha Ibrahim Abubakar ‘f’ aged 43yrs of Kobi Street, Bauchi. 4. Khadija Isah ‘f’ aged 8yrs of Karofi, Bauchi   5. Maryam Suleiman ‘f’ aged 20 years of Kandahar, Bauchi 6. Maryam Shuibu ‘f’ aged 16 years Gwang Gwan Gwan, Bauchi 7. Hassana Saidu ‘f’ aged 53 years of Dutsen Tanshi, Bauchi. The incident happened on Sunday at Shafa Holdings Company Plc along Jos Road in the Bauchi metropolis where many residents had gathered to receive N10,000 each as alms for the poor which was generously provided by a philanthropist. But there was chaos during the event, resulting in the stampede.

FG Files Tax Evasion Charges Against Binance

  In a significant move aimed at upholding fiscal responsibility and preserving the economic integrity of the nation, the Federal Government has taken legal action against Binance, a prominent cryptocurrency exchange platform. The charges, formally lodged at the Federal High Court in Abuja, were announced on Monday by the Federal Inland Revenue Service (FIRS). Designated as suit number FHC/ABJ/CR/115/2024, the lawsuit implicates Binance with a four-count tax evasion accusation. Accompanying the crypto company as second and third defendants in the suit are Tigran Gambaryan and Nadeem Anjarwalla, both senior executives of Binance currently held in custody by the Economic and Financial Crimes Commission (EFCC). The charges leveled against Binance include allegations of non-payment of Value-Added Tax (VAT), Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform. Furthermore, the Federal Government accuses Binance of neglecting to register with FIRS for tax purposes and contravening existing tax regulations within the country. One of the counts in the lawsuit pertains to Binance’s purported failure to collect and remit various categories of taxes to the federation, as stipulated by Section 40 of the FIRS Establishment Act 2007 as amended. This section explicitly addresses the non-deduction and non-remittance of taxes, prescribing penalties and potential imprisonment for defaulting entities. The charges outline specific instances where Binance allegedly violated tax laws, such as the failure to issue invoices for VAT purposes, thereby impeding the determination and payment of taxes by subscribers. “Any company that conducts business exceeding N25 million annually is deemed, by the Finance Act, to be present in Nigeria,” the FIRS noted in a statement. “According to this rule, Binance falls into that category. So, it is obligated to pay taxes like Company Income Tax (CIT) and also collect and remit Value Added Tax (VAT). However, Binance did not adhere to these requirements, thus violating Nigerian laws and potentially facing investigation and legal action for this infraction.” The Federal Government says it remains steadfast in its commitment to ensuring compliance with tax regulations and combating financial impropriety within the cryptocurrency sector. By law, FIRS is empowered to assess, collect, and account for revenue accruing to the Federation and administer relevant tax laws. Binance previously pleaded guilty to violating anti-money laundering laws in the United States in late 2023, reaching a plea bargain agreement that resulted in the company paying a hefty fine of $4.3 billion.