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 In a bid to recover a debt of N818,416,976.26,Skye Bank Plc has dragged  a limited liability company Tropical Merchants limited and  two Directors of the company, Ayinde Bakare  and Chief Radheed Alaba Williams 
before a Federal high court in Lagos ,

     The bank is seeking an order of the court to sequestrate all cash belonging to the defendants in 22 commercial banks in Nigeria up to the outstanding indebtedness in the sum of N818,416,976.26 being the debt alleged to be owing by the defendants. 

      According to an affidavit in support of the debt recovery suit sworn to by Skye bank legal officer Mr Oladapo Olowo and filed before the court by a Lagos lawyer, Barrister oluwakemi Balogun SAN, it was alleged that  Tropical Merchants limited company on the 13th of December, 2012,applied for and was granted a contingent loan in the sum of $2,820, finance the importation of 3000 Metric Tons of Petroleum from Addax Energy SA for Mobil Nigeria Plc 

      The loan was secured by notarized statement of Networth and personal guarantee of the Managing Director/Chief Executive officer of the company  Ayinde Bakare while a Director of the company Chief Rasheed Alaba Williams wrote a letter of consent to mortgage his property situate at 13/15 Lake street, Lagos as security for the loan and deposited the title deed of the property with the bank. 

       Mr Olowo averred further that, The Tropical Merchants limited company indebtedness to Skye bank Plc has become due and payable but neither the company, Ayinde Bakare  and  Rasheed Alaba Williams has taken steps to liquidate the debt. Which stood at N818,416,976.26 as at 31st of May, 2017,despite repeated demands.
    The bank is at loss as to the whereabout of the defendants having left their last known addresses, hence the apprehension that the relocation may be preparatory to carrying out their threat to dispose of the assets of the company in order to frustrate the bank from just recovery of the sum due.
      Consequently, the bank is urging the court to restrain the defendants and their agents from making withdrawal from their accounts in 22 commercial banks or any financial institutions in Nigeria pending the hearing and determination of the substantive suit .

  The bank is also seeking the order of the court directing the banks listed before the court to sequestrate within three days of receipt or service of the order, all and or any cash in banks, bonds, deposit,real estate,stocks, all forms of negotiable instrument in all stock broking firms, discount houses,microfinance banks and all licensed banks in and/or outside Nigeria in the name of the defendants up to the outstanding indebtedness in the sum of N818,416,976.26 and keep same in an interest yielding account in the name of the Chief Registrar of the court pending the determination of the suit

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“I Killed Him And Used His Blood To Make Money Rituals (Oshole) for Yahoo Boys” – 22-year Old Ritual Killer Confesses



A 22 year old suspected ritual killer, Idowu Talabi from Ikenne-Remo has been arrested by the Ogun State police command for killing a tenant, Tobi Yisua, who lives in his maternal grandfather’s house.


During interrogation by a reporter of Alaroye, a dedicated Yoruba news platform, Idowu Talabi confessed to committing the crime.


He said, “he (Tobi Yisua) is a lotto operator (Baba Ijebu). Whenever he keeps money at home and they steal the money, he will accuse me of stealing his money.


One day, he was sleeping on the bed in his room, he did not lock the door, he only locked the net outside. When I wanted to enter, I used knife to cut the net and I unlocked it.


When I entered his room, I saw him sleeping naked on the bed lying face down and I landed the cutlass I was holding at the back this neck. When I saw that he was trying make noise, I used pillow to cover his mouth and used the cutlass on him again.


After killing him, I took part of his blood and mixed it to prepare “Osole”, money ritual charm. I made the charm to sell it to customers who will be interested in it, I did not do it for myself.”


Asked how he knew how to make the charm? He said he saw it in his father’s account.


On how he was exposed? he said, “the second day, when the wife of the deceased came from church, she found the dead body of her husband on the bed. She then came to me in the backyard, locked my shirt and accused me of killing her husband. When I got to the police station, I confessed to the police that I was the one that killed her husband.”

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Politics Of Bitterness and PDP’s Deadly Plots Against Me, APC MUST Stop Nown – Chief Nelson Agbamuche



The Peoples Democratic Party (PDP), and its operatives in Akwukwu-Igbo in Delta State, led by Kelvin Onuwa Anyakwu and Victor Nzediegwu have been doing everything possible to harm me, my family and political associates.


There have been series of attacks on my properties and plots to eliminate me, leading to some unfortunate attacks on my supporters.


The reason for the acrimony is due to the fact that I choose to identify with a progressive party, the All Progressives Congress (APC) which has brought and still bringing development to my community.


As a traditional title holder whose allegiance is to my people, I thought it wise to join the APC having spent years in the PDP without any noticeable benefit to my people, but my former party chieftains won’t recognise my fundamental human rights of freedom o association guaranteed in our constitution and the African charter.


Consequently, they have resorted to attacks and threats to my life, destruction of my properties using thugs and local vigilantes to hound me and my associates.


I have already petitioned the Inspector General of Police on this matter, having lodged formal complaints at the state level with no visible action taken.


As if that was not enough, they also resorted to political intolerance against myself and members of the All Progressives Congress.


This was brought to bare on Saturday when the PDP unleashed an unprecedented level of violence against APC faithfuls during the Local Government elections that our party was clearly winning.


After noticing that APC had won most of the units in the election, thugs led by Ikechukwu Joseph Iwegbu, known as Presidential General, invaded the units fully armed at the point of counting to disrupt the exercise. They carted away all the ballot boxes and shot at us recklessly, many of our people sustained various degree of injuries.

The Police in our community witnessed the incidents, they can attest to the brazen attacks.

No result was announced anywhere in Akwukwu-Igbo ward. Of course APC clearly won five out of the seven polling units in the ward. If they are in doubt, let us repeat the election, APC will still win.


After the violent attack on Saturday, they used the instruments of the state to move against us, arresting our people who are APC members. This is one oppression taken too far.

They kept saying they don’t want APC, that Delta state is a PDP state yet all the development we have today in Akwukwu Igbo were brought by the APC government.


New transformers came about 6 months ago, Rural electrification is near completion, soon to be commissioned.


Renovation of our primary schools with perimeter fencing. We have the Agbogidi primary school, Atuma Primary school etc.



Road projects are equally ongoing.


Akwukwu-Illa road project alone is about 4km, you also have Engr. Sunday Gbamdi road and others.


Why are we not going to join a party that has brought development to our communities?


Since we joined APC, they have been Using hoodlums and local vigilantes to unleash terror on us. We have reported to different authorities, yet the thugs are becoming more brazen. They boast openly that no one can arrest them because they are backed by powers from above.


Since they have openly sworn to use everything to fight APC out of the state and we, on our part, are equally resolute in our journey to bring development to our people through the APC led Federal Government, I use this medium to call on all security agencies and well meaning Nigerians to take urgent steps with a view to safeguarding my life and properties in Akwukwu-Igbo and the state in general, as well as calling all the aforementioned individuals and their enablers to order.


Chief Nelson Agbamuche


Odoziani of Akwukwu-Igbo


Delta State.

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