Subscribe to get Updates
  • Login
The News Bearer
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Business
    • Celebrities
    • Crime
    • Education
    • Featured
    • Features
    • Health
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Sports
    • Uncategorized

    Renaming Ibadan Poly will erase its historical significance, ex-students write Makinde

    Makinde renames Ibadan Polytechnic after Olunloyo

    Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

    Oyo will explore tourism development for state economy expansion –Makinde

    Makinde pledges preservation, digitisation of Olunloyo’s library

    Native doctor with two guns recovered from room ceiling, two suspected cultists arrested in Delta

    Rivers police in manhunt for cultists who killed police officer, vigilante group member in deadly attack

  • Lifestyle

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

    A Trainer Answers: What’s the Best Workout For Losing Weight?

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Drinking This Kind of Tea Could Help Shed Those Last Few Pounds

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    5 Must-Follow Rules If You Want to Get Strong

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Business
    • Celebrities
    • Crime
    • Education
    • Featured
    • Features
    • Health
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Sports
    • Uncategorized

    Renaming Ibadan Poly will erase its historical significance, ex-students write Makinde

    Makinde renames Ibadan Polytechnic after Olunloyo

    Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

    Oyo will explore tourism development for state economy expansion –Makinde

    Makinde pledges preservation, digitisation of Olunloyo’s library

    Native doctor with two guns recovered from room ceiling, two suspected cultists arrested in Delta

    Rivers police in manhunt for cultists who killed police officer, vigilante group member in deadly attack

  • Lifestyle

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

    A Trainer Answers: What’s the Best Workout For Losing Weight?

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Drinking This Kind of Tea Could Help Shed Those Last Few Pounds

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    5 Must-Follow Rules If You Want to Get Strong

No Result
View All Result
TheNewsBearer
No Result
View All Result
Home Metro

EFCC arraigns music promoter, firm for alleged $397,106 forex fraud in Lagos

The News Bearer by The News Bearer
May 7, 2025
in Metro
Reading Time: 2 mins read
0 0
0
Share on WhatsappShare on FacebookShare on Twitter

A music promoter, Ezekiel Onyedikachukwu ThankGod, (a.k.a Eezee Tee), was on Wednesday, May 7, arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos State.

ThankGod, alongside his company, Eezee Global Concepts Limited, is standing trial on an amended seven-count charge bordering on alleged foreign exchange malpractice and money laundering, to the tune of $397,106.

The defendant was previously standing trial before Justice Owoeye of the Federal High Court Ikoyi before the matter was reassigned to Justice Aneke.

One of the charges read: “That you, EZEKIEL ONYEDIKACHUWU THANKGOD and EEZEE GLOBAL CONCEPTS LIMITED, sometime in June 2023 in Lagos, within the jurisdiction of this Honourable Court, not being an authorized buyer of foreign exchange currency appointed by the Central Bank of Nigeria under Section 5(1) of Foreign Exchange Monitoring and Miscellaneous (Provisions) Act CAP F34 LFN 2004 negotiated a foreign exchange transaction to wit: the naira equivalent of the sum of $52,895.00 (Fifty Two Thousand, Eight Hundred Ninety Five ) with Mr. Oladotun Olaobaju Mureke and you thereby committed an offence contrary to Section 5 and 29(1)(c) of the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act Cap F34 LFN 2004 and punishable under Section 29(2) of the same Act.”

Another charge read: “That you, EZEKIEL ONYEDIKACHUWU THANKGOD and EEZEE GLOBAL CONCEPTS LIMITED, sometime in 2024 Lagos, within the jurisdiction of this Honorable Court within the jurisdiction of this Honourable Court, failed to submit to the Special Control Unit Against Money Laundering a declaration of your activities of the said company within which period the total sum of $137,383 (One Hundred and Thirty Seven Thousand, Three Hundred and Eighty Three United States Dollars) paid into EEZEE CONCEPTS LIMITED account number 5070522520 domiciled in Zenith Bank, and you thereby committed an offence contrary to Sections 6(1) (a),19(1)(f) of the Money Laundering(Prevention and Prohibition) Act, 2022 and punishable under Section19 (2)(b) of the same Act.”

After he pleaded not guilty to the charges, the prosecution counsel, Bilkisu Buhari-Bala, prayed for a trial date and also asked that the defendant be remanded in a Correctional Centre.

The defence counsel, Chikaozolu Ojukwu SAN, however, prayed that his client be granted bail “in the most liberal terms” and be released to him, if granted bail.

Responding, Buhari-Bala told the court that the prosecution filed a 16-paragraph counter affidavit, deposed to by Mohammed Adamu, an investigator with the EFCC, on the March 4, 2025, urging the court to refuse the prayers of the defence.

She argued that the defendant refused to accept service on several occasions and that all efforts to have him report himself at the EFCC office proved abortive.

She , therefore, opposed the release of the defendant to his counsel, adding that the music promoter, who had been on an administrative bail granted him by the Commission, had not been honouring further invitations.

Justice Aneke adjourned ruling on the bail application till May 9, 2025 and released the defendant to his counsel.

 

Tags: Economic and Financial Crimes Commissionforeign exchange malpracticeLagos Zonal Directorate 1money launderingOnyedikachukwu ThankGod
SendShareTweet
The News Bearer

The News Bearer

Related Posts

Metro

Rivers police in manhunt for cultists who killed police officer, vigilante group member in deadly attack

June 24, 2025
Featured

Police bust fake kidnapping gang, rescue four-year old victim, arrest seven fraudsters, recover counterfeit $46,100

June 21, 2025
Metro

Police foil kidnap plan, arrest two suspects, recover weapons

June 17, 2025
Metro

Benue killings: IGP pays visit, deploys more tactical teams

June 16, 2025
Featured

NAPTIP, DIA bust suspected human trafficking syndicate, rescue 20 victims

June 14, 2025
Featured

Nine die in Jigawa auto crash

June 7, 2025
Load More

Recommended

Two ministers relieved of duties as Buhari reshuffles cabinet

4 years ago

More Naira to flow as banks get old notes deposited with CBN

2 years ago

Don't Miss

Renaming Ibadan Poly will erase its historical significance, ex-students write Makinde

June 27, 2025

Makinde renames Ibadan Polytechnic after Olunloyo

June 26, 2025

Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

June 26, 2025

Oyo will explore tourism development for state economy expansion –Makinde

June 25, 2025
TheNewsBearer

Stay informed with Breaking News Online in Nigeria on The News Bearer. Get real-time updates and analysis of national, international events.

Follow us

Recent News

Renaming Ibadan Poly will erase its historical significance, ex-students write Makinde

June 27, 2025

Makinde renames Ibadan Polytechnic after Olunloyo

June 26, 2025

Categories

  • Business
  • Celebrities
  • Crime
  • Education
  • Featured
  • Features
  • Health
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Personal Development
  • Politics
  • Sports
  • Uncategorized

Tags

Adamawa State Police Command Anambra State Police Command Bishop Francis Wale Oke Cancer condolence message courtesy visit Delta State Police Command Diabetes Diet Tips DIG Hashimu Argungu Dr Festus Adedayo Dr Nneka Onyeali-Ikpe Dr Sulaimon Olanrewaju Economic and Financial Crimes Commission Fidelity Bank Fidelity Bank Plc Governor Seyi Makinde Health Symptoms IGP Kayode Egbetokun Inspector General of Police Kwara State Police Command Lagos State Police Command Lagos State Taskforce Men's Health murder Nigeria Police Force Ogun State Police Command OlaOluwa Mimiola opinion article Oyo State Government Oyo State Governor Peoples Democratic Party Polaris Bank Police Public Relations Officer Police Service Commission PPRO Pregnancy President Bola Ahmed Tinubu Skin Care Sulaiman Aledeh Sulaimon Olanrewaju Taskforce Chairman Adetayo Akerele Thenewsbearer University of Ibadan Women's Health
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
  • Lifestyle

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.