Crime
EFCC Arraigns Sunsteel’s MD Over $680,000 Fraud
The Economic and Financial Crimes Commission (EFCC), on Thursday in Lagos arraigned the Managing Director of Sunsteel Industries Limited, Olalekan Adewoye, over alleged $680,622.65 fraud.
Biztellers reports that Adewoye was arraigned by the EFCC Lagos Zonal Directorate 2 before Justice Mojisola Dada of the Lagos State High Court, sitting in Ikeja, Lagos.
The anti-graft agency offered details on this in a post on its verified handle on microblogging site, X, on Friday.
It revealed that the MD was arraigned alongside his companies, Sunlek Investments Limited and Sunsteel Industries Limited, on a two-count charge, bordering on alleged stealing and obtaining property by false pretence to the tune of $680,622.65.
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According to the statement, one of the charges reads, “That you, Olalekan Adewoye, Sunlek Investments Limited and Sunsteel Industries Limited, sometime between 2013 and 2014 in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, stole and converted, for your own use, the aggregate sum of $680,622.65 (Six Hundred and Eighty Thousand, Six Hundred and Twenty- two Dollars Sixty-five Cents), property of Hexagon Im-und Export GmbH & Co KG, a German Company, being the value of construction materials supplied to you, and you thereby committed an offence, to wit, obtaining property by false pretence, contrary to and punishable under Section 1(1), (2) and (3) of the Advance Fee Fraud and other Fraud Related Offences Act No. 14 of 2006.”
It was gathered that the defendant pleaded not guilty to the charges.
The prosecution counsel, Abdulhamid L. Tukur, requested a trial date and asked for the defendant to be remanded in custody.
However, the defence counsel, Olusegun O. Jolaawo, informed the court of a pending bail application, stating that the defendant had never jumped the administrative bail granted by the EFCC.
The judge, Dada ordered that the defendant should continue to enjoy the administrative bail earlier granted by the EFCC, but the defendant must deposit his passport and documents for two landed properties with the court registry.
The matter was adjourned to June 3 and 19, 2025, for the commencement of the trial.
Police Rescue Three Kidnap Victims in Taraba After Sustained Pressure
The Nigeria Police Force has disclosed the rescue of three kidnapped victims in Taraba State following sustained pressure mounted by its rescue teams.
The victims were identified as Otuwe Torhumba, 37; Kenneth Nyiutse, 35; and Michael Emmanuel, 27.
The Force made the disclosure on Saturday, October 3, 2026, in its 24-hour operational update covering security operations recorded across the country on October 2.
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According to the Police, “Due to sustained pressure by Police rescue teams, three of five kidnapped victims — Otuwe Torhumba (37), Kenneth Nyiutse (35) and Michael Emmanuel (27) — were rescued unharmed and reunited with their families.”
The Police said the three victims were rescued unharmed and subsequently reunited with their families.
The Force did not provide further details on the circumstances surrounding the abduction or the whereabouts of the remaining two victims in the operational summary.
The case is currently being investigated by the State Criminal Investigation Department (SCID), Jalingo.
The rescue was among several operational successes recorded by the Nigeria Police Force during the reporting period.
The Nigeria Police Force has disclosed the rescue of an 86-year-old man and his son after they were allegedly detained by suspected members of the Axe Men confraternity in Cross River State.
The victims, identified as Dominic Columbus Udoh, 86, and his son, Emmanuel Columbus Udoh, 40, were rescued by Police operatives on Friday, October 2, 2026.
The Police made the disclosure on Saturday, October 3, in its 24-hour operational update detailing security successes recorded across the country.
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According to the Force, Police operatives were mobilised to the scene after receiving information that suspected Axe Men confraternity cultists had unlawfully detained the two men.
The Police said the suspected cultists fled from the scene when operatives arrived.
The Force stated that officers, with assistance from neighbours, “forced open the locked apartment,” where the two victims were found.
According to the Police, both victims had sustained facial and chest injuries.
They were subsequently rescued and conveyed to the Police Hospital for medical treatment.
The Police said the incident is currently being investigated by the State Criminal Investigation Department (SCID), Calabar.
The Nigeria Police Force has disclosed that personnel of Operation Zenda Joint Task Force (JTF) repelled an ambush by suspected bandits along the Amaafu-Abaji Road in Benue State.
The incident occurred on Friday, October 2, 2026, during a routine patrol by the security personnel along the road.
The Police made the disclosure on Saturday, in its 24-hour operational update detailing security successes recorded across different states.
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According to the Police, “Personnel of Operation Zenda JTF on routine patrol along Amaafu-Abaji Road successfully repelled an ambush by bandits, neutralizing one suspect and recovering his locally fabricated gun.”
The Police added that other members of the group fled into the surrounding bushes following the encounter.
It further stated that “No Police casualty was recorded” during the operation.
The recovered firearm was subsequently taken as part of the evidence from the operation as investigations continue.
The Police said the case has been placed under investigation by the State Criminal Investigation Department (SCID), Makurdi.
The Police Force continues to urge members of the public to provide security agencies with timely and useful information that can assist ongoing operations against criminal elements.
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