EFCC declares owners of Farmforte wanted for ‘fraudulent diversion of funds’

The Economic and Financial Crimes Commission (EFCC) has declared Osayi Osazuwa and Uyi Osayimwense, founders of Farmforte, an agro-allied solutions company, wanted.

In a publication dated June 9, the anti-graft commission published the images of both men, declaring them wanted for “obtaining money by false pretence and fraudulent diversion of funds”.

“The public is hereby notified that Osayi Osazuwa and Uyi Osayimwense (of Farmforte Agro Allied Solutions Limited) whose photographs appear above are wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of obtaining money by false pretence and fraudulent diversion of funds,” the publication reads.

Agropartnerships, an investment platform powered by Farmforte Limited, has been accused by many Nigerians who invested in the company as a fraudulent business entity.

In another publication by The Nation partly titled ‘Mother of all scams’ and published on June 10, Osazuwa and Osayimwense were accused of duping Nigerians of billions of naira and relocated abroad.

“Farmforte suddenly stopped capital and ROI citing “some challenges”. Two months later, they came out via Zoom conference to allay investors’ fears, and that became the last time anyone heard from the joint CEO,” the publication reads.

Marvelledblog had reported in 2022 that the Securities and Exchange Commission (SEC), sealed the premises of Farmforte Agro-Allied Solutions for allegedly engaging in illegal investment activities.

These companies do not have registration of the SEC to conduct fund management activities and have been found to promise exorbitant rates of returns to lure investors. The SEC has exercised its powers under Section 13 (w) Investments and Securities Act 2007, to shut them down,” the statement had read.

Abuse of office: My words were misinterpreted – Senator Bulkachuwa defends

Senator Adamu Bulkachuwa has denied that he influenced the decisions of his wife, Zainab Bulkachuwa, while she served as The President of the Court of Appeal.

Recall that the senator who represented Bauchi North in the 9th Assembly caused a stir on the floor of the Senate during the valedictory session of the 9th Senate when he confessed that he used his position to gain some favour for his colleagues from his wife.

In his words:  “I look at faces in this chamber whom have come to me and sought for my help when my wife was the President of the Court of Appeal, and I’m sure…

“And I must thank particularly, my wife, whose freedom and independence I encroached upon while she was in office, and she has been very tolerant and accepted my encroachment, and extended her help to my colleagues…”

This confession immediately raised a public outcry, especially from the Nigerian Bar Association, which has called for an investigation and prosecution of the former lawmaker.

However, in an interview with BBC Hausa, Bulkachuwa said his words were misrepresented, adding that it was the former President of the Senate who interrupted him while he was explaining.He said, “Well, I was not even allowed to finish, I just started with some words like thanking her, saying she was patient with me as she was a legal practitioner and I am a politician.

“I wanted to elaborate on the specific nature of the help she provided, as there exists a wide range of support that professionals in various fields, such as legal practitioners, doctors, or engineers, can offer in their respective roles.

“Note that this assistance does not involve any illegal or unethical activities.

“In my personal relationship with her, I have never imposed upon her professional autonomy or attempted to influence her judgment in handling cases or running her office. Such matters are not even discussed in our home,” Bulkachuwa defended.

We have more nuclear weapons' - Putin warns NATO over being drawn into Ukraine war

The Russian President Vladimir Putin has warned that, there is a “serious danger” of NATO being drawn further into the Ukraine war if members of the alliance continue to supply military weaponry to Kyiv.

The comment appeared to be a reference to the F-16 fighter jets some members of the NATO alliance are making plans to supply Ukraine with.

The North Atlantic Treaty Organization, was formed in the aftermath of World War II to defend Western nations from the Soviet Union and the alliance contains a mutual defense clause where an attack on any one member is considered an attack on all. 

Although, Ukraine is not a member of NATO, some NATO members have been supplying Kyiv with tanks, armored vehicles and other weaponry – prompting threats of retaliation from Russia.

In late April, NATO Secretary-General Jens Stoltenberg said that NATO allies and partners had delivered more than 1,500 vehicles and 230 tanks to the country.

“NATO, of course, is being drawn into the war in Ukraine, what are we talking here,” Putin said at the St. Petersburg International Economic Forum on Friday, June 16.

“The supplies of heavy military weaponry to Ukraine are ongoing, they are now looking into giving Ukraine the jets.”

During his speech in St. Petersburg, Putin said Russia had destroyed tanks “including Leopards” at the front lines.

“And if they are based abroad, but used in fighting we’ll see how to hit them, and where we can hit those means that are used against us in fighting,” Putin said.

“This is a serious danger of further drawing NATO into this military conflict,” he added.

During his speech to the forum, Putin also suggested Russia’s large number of nuclear weapons would “guarantee” its security as Russia had more such weapons than NATO countries.

Russia has a total stockpile of around 6,250 nuclear warheads as of January 2021, according to the Arms Control Association. The US has more than 5,500 while two other NATO member states, Britain and France, have about 220 and 290 nuclear warheads, respectively.

 

“Nuclear weapons are created to guarantee our security in the broader sense and the existence of the Russian state,” Putin said.

“But first of all, there is no need and secondly the very fact of talking about it reduces the possibility of the threshold for using these weapons being reduced.”

“Also, we have more weapons like this than the NATO countries. They know it and they keep driving towards negotiation on reduction.”

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Police arrest armed robbery suspects who raided a home in Parkview estate

The police in Lagos state on Friday, June 16, arrested a suspected armed robber who raided a home in Parkview estate, Ikoyi.

 According to police sources, a group of armed robbers stormed the affected house at about 1am and carted away valuable items.

The police were immediately arrested and they surrounded the area. After a serious search, one of the suspected armed robbers identified as Tony Smart Norbet was apprehended. Items recovered from him include two Samsung phones, five wrist watches, one camera, one flask and some jewelries. He had placed them in a bag and was about to run with them when he was apprehended.

The police say Norbet will be arraigned in court as soon as possible while efforts are being made to arrest the other suspect.

Chinese social media influencer Cuihua dies at weight loss camp while starving herself trying to lose 100kg

A social media influencer who was trying to lose more than half her body weight as an inspiration to her followers, has reportedly died while attending an intensive weight-loss boot camp in China.

The death of the 21-year-old influencer, who posted on social media under the name Cuihua, has prompted Chinese state media to warn citizens over the safety risks involved in weight-loss camps and renewed concerns over the pressures women are under to conform to beauty standards set by social media.

She had recently posted several videos of herself undergoing intensive training exercises and shared that she weighed 156 kilograms (344 pounds) and was trying to lose 100 kilograms.

Videos posted on the account showed her running and weight-lifting and they were shared heavily on Chinese social media . Her videos also appeared in various state media outlets following her death.

China National Radio reported that Cuihua – identified by her family name of Zhou had joined several weight-loss camps in various cities in a bid to reach her goal and had lost more than 27 kilograms (60 pounds) in the two months leading up to her death.

CNR said Cuihua had attended her final camp in Shaanxi province just two days before her death.

While that camp promoted “nutritious meals, rest and healthy exercise,” they said she had chosen to limit her diet while also undergoing intense exercise.

Videos of Cuihua training have since been removed from the account and pictures deleted.

State media outlets said that the influencer’s family had received “compensation” from the weight loss camp in Shaanxi, but did not say how much.

Local authorities have said they are investigating the death and whether the weight loss camp was conducting excessive or improper training.

Experts in eating disorders and sports nutrition warn that even seemingly healthy behaviors such as increasing levels of exercise and dieting can be harmful when motivated by a negative body image and taken to extremes.

In extreme cases, problems can go beyond mental health and lead to severe medical complications affecting the heart, brain, liver, kidneys and other organs.

Recent national survey in Chinese data suggests more than half of Chinese adults are now either overweight or obese, according to the Lancet, and obesity rates are expected to increase.

Newly elected Kaduna assembly member dies four days after swearing-in

A member of the 10th Kaduna State House of Assembly, Honorable Garba Madami has died. He died today June 17, four days after he was sworn-in to represent Chikun constituency in the state House of Assembly. He died of an undisclosed illness at a Kaduna hospital.

In a statement signed by his Chief Press Secretary, Mohammed Shehu, the Governor commiserated with his immediate family and the people of Chikun Constituency, noting that the lawmaker was known for promoting peaceful coexistence and was greatly respected.

Governor Sani prayed to God to grant the soul of Madami eternal rest and comfort his family, associates, friends, and constituents he left behind.

The late lawmaker was a one-time chairman of Chikun Local Government Area and former Commissioner of Planning and Budget. He also served as Political Adviser to the late Governor Patrick Yakowa of Kaduna State.

May his soul rest in peace, Amen.

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