#N50 Million

[betanewsngr]

Police recover N50 million stolen from Mr Ibu, charge son and lover

#N50 million #Mr Ibu #John Okafor #Police

[alabs1]

Tinubu Donates N50 Million To Jigawa Flood Victims

Tinubu Donates N50 Million To Jigawa Flood Victims

The All Progressive Congress (APC) presidential candidate in the 2023 polls, Bola Tinubu, has donated N50 million to flood victims in Jigawa. Mr Tinubu announced the donation shortly after commiserating with Governor Muhammad Badaru in Dutse on Tuesday. The presidential candidate also called for prayers to end flood disasters in the country. “Even though I have offered my prayers to the victims…

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#Donate #Flood #Jigawa #N50 Million #Tinubu #Victims

[gidd-blog1]

BREAKING: Lagos court grants Emefiele N50 million bail

A High Court sitting in Ikeja, Lagos State, has granted bail to Godwin Emefiele, the embattled former governor of the Central Bank of Nigeria (CBN), in the sum of N50 million. Ruling on the bail application on Friday, the presiding judge, Rahmon Oshodi, admitted Emefiele on bail with two sureties in like sum. The former CBN governor is facing trial in Lagos on a 26-count charge bordering on abuse…

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#entertainment #finance #health #opinion #politics #sport #technology

[hardynwa]

Bishops, Imams pray for Abba Kyari

The Nigerian Cleric Council of Bishops and Imams, NCCBI, has organised a prayer session for the former head of the Intelligent Response Team, IRT, Abba Kyari, in Abuja.Also, they called on President Bola Tinubu to look at the security situation in the country and release him.The group of Bishops and Imams held the prayer for Abba Kyari at the Unity Fountain in Abuja on Thursday.They said it was in collaboration with Leadwell Africa Global Initiative to offer prayer for peace in the country and urged Nigerians to support the current leadership in Nigeria.Bishop Lawrence Ngene, President of NCCBI, who addressed the media said they were “driven by the spirit of oneness and “as concerned citizens of our dear nation”.He added that it was to “share the pain we suffered from the country that is being covered with a cloud of darkness and stained with the blood of some of her innocent citizens.”Abba Kyari detainedRecall that the embattled Deputy Commis­sioner of Police, Abba Kyari, was retained in the custody of the Nigerian Correctional Service, NCoS, last year. This was despite being granted N50 million bail.The bail was in relation to the allegation that Kyari failed to declare his assets to the National Drug Law Enforcement Agency, NDLEA.Furthermore, the ‘Super Cop’ is facing a separate charge over alleged involvement in drug trafficking. He was arrested in 2022.The bishop said the souls of the innocent ones were “either restless in the sky or in the hands of kidnappers, bandits, armed robbers and terrorists, who have turned our day to perilous and fearful night, where evils prevail.”He noted that as concerned citizens of Nigeria, the bishops and imams feel the pain “over the ugly situations in the country.“We feel the pain and the loss of the departed souls of innocent Nigerians. Their lives were cut short by the enemies of the country called bandits, armed robbers, kidnappers and terrorists.“We feel the pain of the rising cases of insecurities across the country” and “the rising cost of living in Nigeria and hardship in the land.“We feel the pain of Nigerians. They feel disappointed that fellow Nigerians take advantage of the weakness of Naira against dollars to inflate and manipulate prices of goods and services in the country.“We feel the pain of the rising cases of corruption. This ranges from embezzlement of public funds, nepotism, favouritism, tribalism, amongst others that have taken the order of the day both at the public and private institutions.”Why we pray for Abba Kyiari — Bishops, ImamsThe bishops and imams, who prayed for Abba Kyari said it’s sad that “common Nigerians are losing their lives. Others have lost hope and confidence in the judiciary system.”Furthermore, he noted that some Nigerians have also “lost trust in their representatives at both the lower and upper chambers of the national assembly.”They decried the “loss of hope and trust in the electoral system in Nigeria. There are Nigerians in the Nigerian Correctional Centres that have not been tried at competent jurisdiction for their alleged crimes.”The bishops and imams further said they “feel the pain of Nigerians who are calling for the immediate release of Abba Kyari and his team.“It is upon these pains in the hearts of Nigerians that have prompted our gathering here today as concerned citizens of Nigeria. We pray to God Almighty to intervene in the ugly situations in which we have found ourselves as a nation.‘It’s urgent’“It is upon these pains that we are here to pray to President Ahmed Bola Tinubu, members of the National Assembly, the judiciary, and all the security agencies. They should wake up to their mandates and rescue Nigerians from the pains in their hearts.“Most urgently, is the pain arising from the insecurities in the country, which is very alarming, and this is where as concerned citizens of our dear nation, we bishops and imams pray to God Almighty and to the leadership of Nigeria to bring Abba Kyari and his team back to Nigerian security architecture“We know how the doggedness of Abba Kyari and his team brought down high-profile criminals, terrorists, assassins, and kidnappers.“We share the feeling of the majority of Nigerians that Abba Kyari and his team can largely take away the pain of fear of unknown gunmen.“We pray for the presence of tested and trusted hands of Abb a Kyari,” the bishops and imams prayed. And we pray for good governance and good leadership in Nigeria,” they added. Read the full article

[9jaboizgistworld-blog]

How to Calculate Charges On Moniepoint POS and Save Money

If you are a business owner in Nigeria, you might have heard of Moniepoint POS, a device that allows you to accept card and transfer payments from your customers. Moniepoint POS is one of the most popular and reliable POS services in the country, with over 100,000 agents and millions of transactions processed every month. But how much does Moniepoint POS charge you for each transaction? And how can you reduce your charges and save money? In this article, we will explain how to calculate charges on Moniepoint POS, and share some tips and tricks to help you optimize your POS usage and increase your profits.

How to Calculate Charges On Moniepoint POS

Moniepoint POS charges you differently depending on the type and amount of the transaction. There are two main types of transactions: withdrawals and transfers. Withdrawals Withdrawals are when you allow your customers to withdraw cash from their bank accounts using your Moniepoint POS device. For withdrawals, Moniepoint POS charges you a percentage or a flat rate of the transaction amount, depending on the amount. - For withdrawals between N1 to N20,000, Moniepoint POS charges 0.5% of the transaction amount. For example, if you withdraw N10,000, you will pay N50 as a charge. - For withdrawals above N20,000, Moniepoint POS charges a flat rate of N100. For example, if you withdraw N50,000, you will pay N100 as a charge. To calculate the charge for a withdrawal, you can use this formula: Charge = 0.5% x Amount (if Amount N20,000) Transfers Transfers are when you allow your customers to send money to another bank account using your Moniepoint POS device. For transfers, Moniepoint POS charges you a flat rate of N20, regardless of the amount. To calculate the charge for a transfer, you can use this formula: Charge = N20

Moniepoint POS Transaction Charges

Moniepoint POS stands out for its simplicity and affordability, making it an ideal choice for businesses of all sizes. Here's a closer look at the key aspects of Moniepoint transaction charges: 1. Withdrawal Charges Moniepoint charges a minimal fee for withdrawals, ensuring that businesses can maximize their profits. The withdrawal charges are as follows: - For transactions up to N20,000: 0.5% of the transaction amount. - For transactions above N20,000: A flat rate of N100. This transparent fee structure allows businesses to plan their finances effectively, avoiding any surprises in transaction costs. 2. Flat Fee for Withdrawals Moniepoint further simplifies its fee structure by applying a flat fee of ₦100 for any withdrawal amount. This cost-effective approach makes Moniepoint an attractive option for businesses looking to optimize their expenses. 3. Cost-Effective Option to Kickstart Your Business Starting a business involves careful financial planning, and Moniepoint understands the importance of keeping costs manageable. With a flat fee of ₦100 for withdrawals and a minimal percentage for transactions within the N1 to N20,000 range, Moniepoint provides a cost-effective solution for businesses at various stages of growth.

How to Reduce Charges On Moniepoint POS and Save Money

Now that you know how to calculate charges on Moniepoint POS, you might be wondering how to reduce them and save money. Here are some tips and tricks that you can use to optimize your POS usage and increase your profits. Tip 1: Set a Minimum Withdrawal Amount One way to reduce your charges on Moniepoint POS is to set a minimum withdrawal amount for your customers. This way, you can avoid paying the 0.5% charge for small withdrawals, and pay the flat rate of N100 for larger withdrawals. For example, if you set a minimum withdrawal amount of N10,000, you will pay N50 as a charge for each withdrawal, instead of paying N5 for a N1,000 withdrawal, or N25 for a N5,000 withdrawal. This will save you N45 or N20 per withdrawal, respectively. To set a minimum withdrawal amount, you can display a sign or a notice at your POS location, or inform your customers verbally before they make a withdrawal.

Tip 2: Encourage Your Customers to Use Transfers

Another way to reduce your charges on Moniepoint POS is to encourage your customers to use transfers instead of withdrawals. Transfers have a lower charge of N20, compared to the 0.5% or N100 charge for withdrawals. For example, if your customer wants to withdraw N50,000, you can suggest them to transfer the money to their own bank account, or to someone else's bank account, using your Moniepoint POS device. This way, you will pay N20 as a charge, instead of N100. To encourage your customers to use transfers, you can offer them incentives, such as discounts, rewards, or freebies. You can also educate them about the benefits of transfers, such as convenience, security, and speed. Tip 3: Negotiate With Moniepoint for Lower Charges A third way to reduce your charges on Moniepoint POS is to negotiate with Moniepoint for lower charges. Moniepoint offers different commission structures for different agents, depending on their volume, location, and performance. If you are a high-volume, loyal, and consistent agent, you might be able to negotiate with Moniepoint for lower charges, or higher commissions. You can contact Moniepoint's customer support or your account manager, and request for a review of your charges and commissions. To negotiate with Moniepoint, you should prepare some data and evidence to support your case, such as your transaction history, your customer feedback, your market share, and your growth potential.

FAQs

What is Moniepoint POS?Moniepoint POS is a device that allows you to accept card and transfer payments for your business. Moniepoint POS is one of the most popular and reliable POS services in Nigeria, with over 100,000 agents and millions of transactions processed every month.How much does Moniepoint POS charge for withdrawals?Moniepoint POS charges differently for withdrawals depending on the amount. For withdrawals between N1 to N20,000, Moniepoint POS charges 0.5% of the transaction amount. For withdrawals above N20,000, Moniepoint POS charges a flat rate of N100.How much does Moniepoint POS charge for transfers?Moniepoint POS charges a flat rate of N20 for transfers, regardless of the amount.How Much Does Moniepoint Charge For 10,000?Moniepoint charges a flat rate of N100 for withdrawals above N20,000. So, for a withdrawal of N10,000, the charge will be N100. This is the same for any withdrawal amount between N1 and N20,000. For transfers, Moniepoint charges a flat rate of N20, regardless of the amount.How can I reduce charges on Moniepoint POS and save money?You can reduce charges on Moniepoint POS and save money by setting a minimum withdrawal amount, encouraging your customers to use transfers, and negotiating with Moniepoint for lower charges or higher commissions.How can I get a Moniepoint POS device?You can get a Moniepoint POS device by visiting their website or blog, and filling out an application form. You will need to provide some personal and business details, such as your name, phone number, email address, bank account number, business name, location, and type. You will also need to pay a one-time fee of N25,000 for the device.What is the transaction charge for withdrawals below N1,000? Moniepoint's transaction charges apply to withdrawals starting from N1, and the fee is based on the transaction amount. For withdrawals below N1,000, the 0.5% fee still applies.

Conclusion

Moniepoint POS is a great device that allows you to accept card and transfer payments for your business. However, you should also be aware of the charges that Moniepoint POS imposes on each transaction, and how to calculate them. In this article, we explained how to calculate charges on Moniepoint POS, and shared some tips and tricks to help you reduce them and save money. By following these tips and tricks, you can optimize your POS usage and increase your profits. We hope you found this article helpful and informative. If you have any questions or feedback, please feel free to leave a comment below. And if you are interested in getting a Moniepoint POS device, you can visit their website or blog for more information. Read the full article

#Bank #howto #moniepoint #moniepointPOS

[reportafrique]

Mr. Ibu's Shocking Scandal: N50 Million Recovered, Son and Lover Face Charges

Detectives at the Force Criminal Investigation Department Annex, Alagbion, Ikoyi, Lagos, have made a significant breakthrough in the case involving the hacked bank account of renowned Nollywood actor, Mr. John Okafor, popularly known as Mr. Ibu. The investigation has revealed a complex web of conspiracy and financial malfeasance, leading to the arrest of Mr. Ibu's son, Onyebuchi Okafor, and his lover, Jasmine Okekeagwu. Ibu with his adopted daughter, Jasmine The unraveling of this financial scandal began with a petition filed by Diamond Waves Law on behalf of Mr. Ibu's wife, Stella Maris Okafor, on September 6, 2023. The petition alleged that Mr. Ibu's sons, Daniel and Valentine Okafor, along with Jasmine Okekeagwu, conspired to defraud the actor. The subsequent investigations by the Force Criminal Investigation Department (FCID) revealed a shocking misuse of funds meant for Mr. Ibu's medical bills. According to ASP Mayegun Aminat, the spokesperson for the FCID, Mr. Ibu initiated a public fundraising campaign to support his medical expenses. The funds garnered from fans, industry players, and well-wishers were deposited into a dedicated bank account, managed initially by Mrs. Stella Maris Chinyere Okafor, Mr. Ibu's wife. However, the investigation uncovered a sinister plot where Mr. Ibu's sons and Jasmine Okekeagwu manipulated Mrs. Stella Maris Okafor to gain control of Mr. Ibu's phone and subsequently hack into his banking details. "Onyeabuchi Daniel Okafor and Jasmine Chioma Okekeagwu manipulated Mrs. Stella Maris Okafor, took possession of Mr. Ibu’s phone, and hacked into the banking details therein," explained ASP Mayegun Aminat. "Through this fraudulent act, Onyeabuchi Okafor and Jasmine Okekeagwu started transferring funds from Mr. Ibu’s public fundraising account to Onyeabuchi Okafor’s personal bank." Forensic analysis revealed that a total of N55 million had been criminally transferred before the arrest of the suspects. Further investigation unearthed incriminating WhatsApp messages between Jasmine Chioma and Daniel Okafor, detailing the stages of their fraudulent plans. It was also discovered that the duo had a sham marriage at the Ikoyi Marriage Registry, with plans to escape to the United Kingdom with their ill-gotten gains. The investigation concluded that N5 million of the stolen funds had already been spent on questionable transactions. However, the authorities successfully recovered the remaining N50 million from Onyeabuchi Okafor. Both suspects, Onyeabuchi Okafor and Jasmine Okekeagwu, now face charges of conspiracy and stealing. As the legal proceedings unfold, the case has been forwarded to the Office of the Director of Public Prosecutions for further evaluation. The Chief Magistrates Court 1, Yaba, has granted the defendants bail in the sum of N15 million each, with two sureties in like sum. The case is set to resume on March 11, 2024, shedding light on a disturbing episode that underscores the vulnerability of public figures' financial dealings. Read the full article

[yepsng]

Relatives of Kidnapped Travelers on Kaduna-Abuja Route Appeal for Nigerians' Support to Raise N50 Million Ransom for Captors

Between January 6 and 7, gunmen abducted approximately 85 individuals, including travelers and locals, at Katari along the Kaduna–Abuja highways in the Kachia Local Government Area of Kaduna State. The incident resulted in the deaths of four people. Families of the abducted victims are reportedly seeking financial assistance from the Nigerian public to meet the N50 million ransom demanded by the…

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#Kaduna-Abuja Route #kidnappers

[goldmynetv]

My friend to pay N50m to free 5 sisters abducted in Abuja - Prof Pantami

Former Nigeria’s Minister of Communications and Digital Economy, Prof. Isa Pantami on Sunday revealed that one of his friends has offered to pay N50 out of the N60 million ransom being demanded as ransom by kidnappers of Alhaji Mansoor Al-Kadriyar and her six daughters. The six sisters and their father were abducted on 9 January, 2024 at their home in Bwari, a suburb of Abuja, the Federal…

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#Kidnappers #Prof Pantami

[jatuskicommunications]

Col Sani Bello Boosts ABU Endowment Foundation With Another N50m 

By; KATO P. LADAN, Kaduna Ahmadu Bello University  (ABU) Endowment Foundation has received a boost from the Chairman of the Mainstream Energy Solutions Company, Dr. Sani Bello, who donated another N50 million. Dr. Bello, who was a one-time military governor of old Kano State, first donated N50 million to the University in March 2022 based on his total conviction about the transformative power…

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[crimechannels]

By • Olalekan Fagbade JUST IN; Governor donates N50miion to ex-Servicemen Lagos Government, on Monday, donated the sum of N50 million to ex-servicemen in commemoration of the Armed Forces Remembrance Day. Gov. Babajide Sanwo-Olu announced the donation at the unveiling of the 2023/2024 Armed Forces Remembrance Emblem in Ikeja. Sanwo-Olu said that the ex-servicemen needed to be supported, as they fought to ensure the peace and unity of the country. ”We usually give a monthly support, but this one (N50 million) will be a support that will not stop all the other supports that we are giving. ”We have just been decorated, and while we are doing that with all the service chiefs with all sense of responsibility, we all feel a sense of purpose and commitments. ”We all feel a sense of patriotism to be able to, on yearly basis, remember all of the great men, our fallen heroes, that, at one time or the other, served our country meritoriously. ”Some had to pay the supreme prize, while some, having also served and left service but in one form or the other, still continue to contribute in, no little way, to the success of our country,” he said. The governor said that the state government would not relent in supporting the wives of the fallen heroes. ”To our widows that are here, we want to continue to encourage you; we want to continue to ensure and assure you of government’s support. ”I remember last year, we did make commitments that our Women Affairs and Poverty Alleviation Ministry must reach out to you from time to time; I want to believe that they do that,” he said. Sanwo-Olu directed the commissioner for women affairs and poverty alleviation to ensure that the ministry engaged the widows in the skill acquisition programmes of the state government. He assured that his administration would ensure that the social intervention agencies carried the Nigerian Legion along in the different interventions of the government. Speaking earlier, the Commissioner for Home Affairs, Mr Olanrewaju Kayode, said that the unveiling of the emblem by the Nigeria Legion marked the commencement of the 2024 armed forces remembrance day. Kayode said that the activities would be climaxed with the armed forces remembrance day on Jan. 15, 2024, with the wreath laying at the Remembrance Arcade, Tafawa Balewa, Lagos. Also speaking, Chairman of the legion in the state, Mr Akeem Wolimoh, said that the gesture being enjoyed by the legion in the state was unprecedented. Wolimoh thanked Sanwo-Olu, even as he implored him to continue to continue his support to the legion. ”I want us to use this moment to appreciate the sacrifices of the fallen heroes and military veterans and plead with Mr Governor to continue the Nigerian Legion in Lagos State. ”No doubt, we need funds to enable us to continue in our efforts to attend to our obligations in order for us to function effectively in fostering comradeship among ex-servicemen. ”We need funds for provision of medical support, housing and other daily needs of the aged, the weak and the needy military veterans, including those of the dependants (widows and orphans) of the fallen heroes,” he said. Wolimoh also solicited for support from corporate organisations, the elites in the society and the general public. (NAN)

[matthewegbe-blog]

Yahaya Bello Offered Me N50 Million To Step Down -Akpoti-Uduaghan

He increased it to N70 million, and I still turned it down. He wanted me to step down for his anointed candidate, who was the then Senator.Natasha Akpoti-Uduaghan, Senator-Elect, Kogi Central @Arisetv

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[alabs1]

Governors Donate N50 Million To Owo Attack Victims

Governors Donate N50 Million To Owo Attack Victims

The Nigeria Governors Forum (NGF) has donated N50 million to the victims of the massacre on Sunday at the St. Francis Catholic Church, Owa-luwa Street, Owo Local Government Area of Ondo State. Chairman of the NGF and Ekiti State Governor Kayode Fayemi made the donation when he paid a visit to Governor Rotimi Akeredolu at the Government House on Monday in Akure. “My colleagues in the Governors…

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#Attack #Donate #Governors #N50 Million #Owo #Victims

[gidd-blog1]

Kidnappers demand N50 million ransom for two federal university students

Abductors of the two students of the Federal University Wukari in Taraba State are demanding a ransom of N50 million for their release. The head of Information and Protocol Unit of the institution, Ashu Agbu, disclosed this in a chat with journalists on Sunday, April 7. “The abductors revealed that they came for the owner of the eatery and not his staff and will return to get him,” she…

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#entertainment #finance #health #opinion #politics #sport #technology

[hardynwa]

Bishops, Imams pray for Abba Kyari

The Nigerian Cleric Council of Bishops and Imams, NCCBI, has organised a prayer session for the former head of the Intelligent Response Team, IRT, Abba Kyari, in Abuja.Also, they called on President Bola Tinubu to look at the security situation in the country and release him.The group of Bishops and Imams held the prayer for Abba Kyari at the Unity Fountain in Abuja on Thursday.They said it was in collaboration with Leadwell Africa Global Initiative to offer prayer for peace in the country and urged Nigerians to support the current leadership in Nigeria.Bishop Lawrence Ngene, President of NCCBI, who addressed the media said they were “driven by the spirit of oneness and “as concerned citizens of our dear nation”.He added that it was to “share the pain we suffered from the country that is being covered with a cloud of darkness and stained with the blood of some of her innocent citizens.”Abba Kyari detainedRecall that the embattled Deputy Commis­sioner of Police, Abba Kyari, was retained in the custody of the Nigerian Correctional Service, NCoS, last year. This was despite being granted N50 million bail.The bail was in relation to the allegation that Kyari failed to declare his assets to the National Drug Law Enforcement Agency, NDLEA.Furthermore, the ‘Super Cop’ is facing a separate charge over alleged involvement in drug trafficking. He was arrested in 2022.The bishop said the souls of the innocent ones were “either restless in the sky or in the hands of kidnappers, bandits, armed robbers and terrorists, who have turned our day to perilous and fearful night, where evils prevail.”He noted that as concerned citizens of Nigeria, the bishops and imams feel the pain “over the ugly situations in the country.“We feel the pain and the loss of the departed souls of innocent Nigerians. Their lives were cut short by the enemies of the country called bandits, armed robbers, kidnappers and terrorists.“We feel the pain of the rising cases of insecurities across the country” and “the rising cost of living in Nigeria and hardship in the land.“We feel the pain of Nigerians. They feel disappointed that fellow Nigerians take advantage of the weakness of Naira against dollars to inflate and manipulate prices of goods and services in the country.“We feel the pain of the rising cases of corruption. This ranges from embezzlement of public funds, nepotism, favouritism, tribalism, amongst others that have taken the order of the day both at the public and private institutions.”Why we pray for Abba Kyiari — Bishops, ImamsThe bishops and imams, who prayed for Abba Kyari said it’s sad that “common Nigerians are losing their lives. Others have lost hope and confidence in the judiciary system.”Furthermore, he noted that some Nigerians have also “lost trust in their representatives at both the lower and upper chambers of the national assembly.”They decried the “loss of hope and trust in the electoral system in Nigeria. There are Nigerians in the Nigerian Correctional Centres that have not been tried at competent jurisdiction for their alleged crimes.”The bishops and imams further said they “feel the pain of Nigerians who are calling for the immediate release of Abba Kyari and his team.“It is upon these pains in the hearts of Nigerians that have prompted our gathering here today as concerned citizens of Nigeria. We pray to God Almighty to intervene in the ugly situations in which we have found ourselves as a nation.‘It’s urgent’“It is upon these pains that we are here to pray to President Ahmed Bola Tinubu, members of the National Assembly, the judiciary, and all the security agencies. They should wake up to their mandates and rescue Nigerians from the pains in their hearts.“Most urgently, is the pain arising from the insecurities in the country, which is very alarming, and this is where as concerned citizens of our dear nation, we bishops and imams pray to God Almighty and to the leadership of Nigeria to bring Abba Kyari and his team back to Nigerian security architecture“We know how the doggedness of Abba Kyari and his team brought down high-profile criminals, terrorists, assassins, and kidnappers.“We share the feeling of the majority of Nigerians that Abba Kyari and his team can largely take away the pain of fear of unknown gunmen.“We pray for the presence of tested and trusted hands of Abb a Kyari,” the bishops and imams prayed. And we pray for good governance and good leadership in Nigeria,” they added. Read the full article

[newsbreak365]

[reportafrique]

Mr. Ibu's Shocking Scandal: N50 Million Recovered, Son and Lover Face Charges

Detectives at the Force Criminal Investigation Department Annex, Alagbion, Ikoyi, Lagos, have made a significant breakthrough in the case involving the hacked bank account of renowned Nollywood actor, Mr. John Okafor, popularly known as Mr. Ibu. The investigation has revealed a complex web of conspiracy and financial malfeasance, leading to the arrest of Mr. Ibu's son, Onyebuchi Okafor, and his lover, Jasmine Okekeagwu. Ibu with his adopted daughter, Jasmine The unraveling of this financial scandal began with a petition filed by Diamond Waves Law on behalf of Mr. Ibu's wife, Stella Maris Okafor, on September 6, 2023. The petition alleged that Mr. Ibu's sons, Daniel and Valentine Okafor, along with Jasmine Okekeagwu, conspired to defraud the actor. The subsequent investigations by the Force Criminal Investigation Department (FCID) revealed a shocking misuse of funds meant for Mr. Ibu's medical bills. According to ASP Mayegun Aminat, the spokesperson for the FCID, Mr. Ibu initiated a public fundraising campaign to support his medical expenses. The funds garnered from fans, industry players, and well-wishers were deposited into a dedicated bank account, managed initially by Mrs. Stella Maris Chinyere Okafor, Mr. Ibu's wife. However, the investigation uncovered a sinister plot where Mr. Ibu's sons and Jasmine Okekeagwu manipulated Mrs. Stella Maris Okafor to gain control of Mr. Ibu's phone and subsequently hack into his banking details. "Onyeabuchi Daniel Okafor and Jasmine Chioma Okekeagwu manipulated Mrs. Stella Maris Okafor, took possession of Mr. Ibu’s phone, and hacked into the banking details therein," explained ASP Mayegun Aminat. "Through this fraudulent act, Onyeabuchi Okafor and Jasmine Okekeagwu started transferring funds from Mr. Ibu’s public fundraising account to Onyeabuchi Okafor’s personal bank." Forensic analysis revealed that a total of N55 million had been criminally transferred before the arrest of the suspects. Further investigation unearthed incriminating WhatsApp messages between Jasmine Chioma and Daniel Okafor, detailing the stages of their fraudulent plans. It was also discovered that the duo had a sham marriage at the Ikoyi Marriage Registry, with plans to escape to the United Kingdom with their ill-gotten gains. The investigation concluded that N5 million of the stolen funds had already been spent on questionable transactions. However, the authorities successfully recovered the remaining N50 million from Onyeabuchi Okafor. Both suspects, Onyeabuchi Okafor and Jasmine Okekeagwu, now face charges of conspiracy and stealing. As the legal proceedings unfold, the case has been forwarded to the Office of the Director of Public Prosecutions for further evaluation. The Chief Magistrates Court 1, Yaba, has granted the defendants bail in the sum of N15 million each, with two sureties in like sum. The case is set to resume on March 11, 2024, shedding light on a disturbing episode that underscores the vulnerability of public figures' financial dealings. Read the full article