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EFCC Arraigns Pharmaceutical Firm Boss For ₦55million Fraud As Lagos Judge Orders Remand

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Nwawuzor and his company, Moonlink Pharmaceuticals Limited, were docked on a three-count charge bordering on fraud and laundering of proceeds believed to be derived from criminal activity on Wednesday, December 3, 2025,....TAP TO CONTINUE READING

The Economic and Financial Crimes Commission (EFCC) has arraigned one Gabriel Celestine Nwawuzor, the Managing Director of Moonlink Pharmaceuticals Limited, before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, over alleged involvement in a ₦55 million money laundering scheme.

Nwawuzor and his company, Moonlink Pharmaceuticals Limited, were docked on a three-count charge bordering on fraud and laundering of proceeds believed to be derived from criminal activity on Wednesday, December 3, 2025,

The anti-graft agency accused the pharmaceutical executive of diverting and concealing the sum of ₦55,000,000 (Fifty-Five Million Naira) in April 2021 through a Zenith Bank account, before allegedly channeling the funds into the acquisition of a property in Delta State.

One of the counts reads: “That you, Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited, sometime in April 2021, in Lagos, within the jurisdiction of this Honourable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of ₦55,000,000.00 (Fifty-Five Million Naira), which sum you knew forms part of the proceeds of your unlawful act, and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

Another count accused the defendant of channeling the money to a real estate purchase to conceal its source: “That you, Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited, sometime in April 2021, in Lagos, within the jurisdiction of this Honourable Court, indirectly disguised the origin of the sum of ₦55,000,000.00 (Fifty-Five Million Naira) to the purchase of a property located at No. 23, Okenwa Okolo Street, Opana, Asaba, Delta State, which sum you knew forms part of the proceeds of your unlawful act, and you thereby committed an offence contrary to Section 18(2)(a) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

The defendant, however, pleaded not guilty to all the charges.

Following the plea, EFCC counsel, S.I. Suleiman urged the court to fix trial dates and order the immediate remand of the defendant in a correctional facility pending trial. Suleiman argued that the gravity of the offence and the alleged deliberate concealment of illicit funds warranted strict custodial restraint.

But Nwawuzor’s defence counsel countered, moving an oral bail application and pleading with the court to grant his client bail on “liberal and reasonable terms,” insisting that the accused would not jump bail and had credible sureties prepared to stand for him.

Justice Osiagor ruled in favour of bail but imposed stringent conditions. He granted Nwawuzor bail in the sum of ₦100 million, with two sureties in like sum. The sureties must be property owners within the court’s jurisdiction and must present verified tax records and sworn affidavits of means.

Despite the bail ruling, the court ordered that Nwawuzor be remanded at the Nigerian Correctional Service (NCoS) pending full compliance with the bail conditions. Prison officials immediately took custody of him following the adjournment.

The matter was subsequently adjourned to March 11 and 12, 2026 for commencement of trial.

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Oyo police intercepts truck conveuing explosives in Saki

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The Oyo State Police Command has announced an operational success recorded following an intelligence-led operation.....TAP TO CONTINUE READING

Acting on credible intelligence, operatives of the Command intercepted a truck conveying materials suspected to be explosive devices during a stop-and-search operation in Saki, Oyo State. The truck and the suspected materials were promptly secured and are currently in police custody.

Upon receiving a briefing on the development, the Commissioner of Police, Oyo State Command, CP Femi Haruna, immediately ordered a comprehensive investigation into the matter.

Consequently, specialised personnel of the Explosive Ordnance Disposal (EOD) Unit and the Chemical, Biological, Radiological and Nuclear (CBRN) Unit were deployed to safely secure the items for safekeeping and forensic examination. Detailed forensic analysis has since commenced, alongside a thorough and robust investigation to determine the exact nature of the items and their intended use.

The truck driver has been taken into custody and is cooperating fully with investigators as efforts continue to unravel all the circumstances surrounding the incident.

The Commissioner of Police commended the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, for his unwavering support, strategic leadership, and continued provision of operational guidance that enhance proactive, intelligence-driven policing across the country.

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Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

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Benue: Armed bandits kill motorcyclist, injure woman in Apa LGA

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One person has died and another sustained injuries following an assault by suspected armed bandits in Apa Local Government Area of Benue State.....TAP TO CONTINUE READING

According to sources, the attack took place on January 24 around 4:00 p.m. along the Amoke–Odugbo road in Ukpogo Village, Edikwu Ward.

The victims, identified as Mr Joseph Okoh and Miss Aneh Sunday, both from Ogodumo, Adoka in Otukpo LGA, were reportedly riding a motorcycle when the assailants struck.

“They were rushed to the Comprehensive Health Centre, Ugbokpo, where Mr Okoh was confirmed dead while receiving treatment. Miss Sunday is currently admitted and responding to treatment,” the source stated.

Nigerian troops were quickly deployed to the area, and a search operation in the surrounding bushes is ongoing to apprehend the attackers.

“The Criminal Investigation Department has commenced an investigation into the incident,” the source added.

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Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

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2026 UTME: JAMB scraps special privileges for albino candidates over malpractices

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The Joint Admissions and Matriculation Board has scrapped special concessions and registration procedures previously granted to candidates with albinism for the 2026 Unified Tertiary Matriculation Examination, citing abuse of the privilege to perpetrate examination malpractice.....TAP TO CONTINUE READING

The Board also warned faith-based tertiary institutions to clearly declare their religious status at the point of admission, saying it is deceptive to present as secular and later impose religious rules on students.

As reported by Vanguard, these decisions were taken on Saturday at a meeting between JAMB management, led by its Registrar, Prof. Isaq Oloyede, and Commissioners for Education from the 36 states of the federation and the Federal Capital Territory, held in Ikeja, Lagos.

Oloyede said the meeting was convened to review and assess previous admission exercises.

He noted that despite safeguards introduced by the Board, some individuals remained determined to circumvent the system.

“We have stopped some concessions we gave albino candidates. This is because some are using artificial intelligence to manipulate the registration process to look like they are albinos because of the consideration we gave them.

“Last year alone, over 7,000 claimed to be albinos. We have stopped special registration procedures for albinos,” he said.

Addressing complaints from candidates admitted into some private institutions over compulsory religious instruction, Oloyede urged faith-based schools to be transparent.

“Faith-based institutions should declare from the onset what they are, so that whoever applies there will know what he is going to meet there. But some don’t do that. They will pretend to be secular, but once students are admitted, trouble will begin over religious instruction and injunctions.

“If you are a faith-based institution, say so. The law allows you to set up faith-based schools,” he said.

On last year’s UTME, where the highest-scoring candidate was later found to be a 300-level university student, the JAMB registrar said investigations showed that some undergraduates sit for the examination to change courses or assist others to secure admission.

“Students who are already in school but want to change courses and are applying again must declare and disclose their status.

“We have found that some candidates already in school are writing the examination for other candidates. Last year, the candidate who scored the highest was found to be a 300-level student in the university.

“Henceforth, any candidate found engaging in such an act, and who fails to disclose that he is already in school but wants to change course, will be disqualified and will also lose his current admission,” he said.

On admission criteria, Oloyede explained that federal government-owned institutions allocate 45 per cent on merit, 20 per cent on catchment area, 20 per cent to educationally disadvantaged states, while the remaining slots are allocated to other considerations.

“Each owner or state has the right to decide what its admission criteria will be. But for states, we encourage them to allocate at least 10 per cent to merit, regardless of where the candidates come from.

“This is to diversify the student population and admit eggheads from different communities,” he said.

He criticised some states for establishing new universities despite not fully utilising their admission quotas in existing federal institutions.

On underage candidates, Oloyede said 16 years remained the minimum admission age, noting that an attestation process was in place for exceptional cases.

“Last year, about 42,000 claimed to be underage. After evaluation, only 78 met the criteria and were admitted. We are not saying there are no talented candidates, but the figure looks outlandish,” he said.

The issue of how to engage underage candidates during a gap year divided opinions at the meeting, but a majority voted for JAMB to continue its special assessment process.

The meeting also observed that parental pressure on children to complete their education too quickly was a major contributor to the problem.

On efforts to curb examination malpractice, Oloyede said JAMB had stopped the movement of computers between Computer-Based Test centres.

“A computer registered in a particular centre will remain there and is not transferable to another centre. Some people borrow computers to get accredited and later move them around,” he said.

He dismissed claims that candidates were posted to towns they did not choose, saying personal data used for registration were drawn directly from the National Identification Number submitted by candidates.

Providing an update on the 2025 UTME, Oloyede said 974,855 candidates had so far been admitted out of about 1.95 million who sat for the examination.

He added that over N2.4 billion had been disbursed to institutions that consistently complied with JAMB’s rules over the past 10 years, and that the meeting agreed that schools producing the best candidates should be compensated.

On accreditation of CBT centres, Oloyede said the process involved teams comprising university vice-chancellors, rectors and provosts in each state.

He warned state governments against agreements with private promoters who might use centres to facilitate malpractice.

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Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

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