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Couple remanded in prison for alleged N233m fraud

Couple remanded in prison for alleged N233m fraud

A COUPLE, Bose and Kayode Phillips, were yesterday ordered to be remanded in prison custody after they were arraigned on a 100-count charge bordering on conspiracy, fraudulent conversion and stealing of N233 million belonging to a company, Tower Universal Limited.

Lagos House probe panel to sit in camera, says Chairman

Lagos House probe panel to sit in camera, says Chairman

CONTRARY to announcement by the Speaker of the Lagos State House of Assembly, Mr Adeyemi Ikuforiji, that the six-man ad-hoc committee set up to investigate the financial misappropriation levelled at Governor Babatunde Fashola and the lawmakers, would sit in the open, Chairman of the panel, Rasak Balogun, yesterday said he could modify what the Speaker said.

Amaechi threatens contractor with arrest

Amaechi threatens contractor with arrest

Angered by the seeming neglect of work on the N3 billion Rivers ultra-modern Mega Hospital in Greater Port Harcourt, Governor Chibuike Amaechi has threatened to arrest the contractor handling the project.

Yar’ Adua: NPAN backs media owners on acting president

Yar’ Adua: NPAN backs media owners on acting president

NEWSPAPER Proprietors Association of Nigerian, NPAN, yesterday in Lagos, threw its weight behind the position of media owners in the country, that Vice President Goodluck Jonathan be appointed Acting President, pending the full recovery of ailing President Umaru Yar’ Adua, to save Nigeria from the present constitutional quagmire.

Ondo Assembly passes 2010 budget

Ondo Assembly passes 2010 budget

LAWMAKERS in Ondo State yesterday passed into law this year’s budget of N124.371 billion after jerking it up by N6 billion.