World News
BREAKING: British Police, Courts Prove Dependable In Quick Resolution Of Frozen Funds Case
…As Court Orders Release Of $1.2 Million To Senator Ned Nwoko
A recent high-profile ruling has shown the British justice system’s effectiveness, as the City of London Magistrates’ Court ordered the release of $1,199,965 to Nigerian Senator Prince Ned Nwoko, that was frozen in an account belonging to Mr. Keith Davies.
The money, originally transferred by Ned Nwoko to a middleman named Abubakar, was subsequently transferred to Davies, who held himself out as a broker. However, the funds were frozen by authorities pending the resolution of the ownership dispute.
ALSO READ: End Cult Clashes In Edo Within 48 Hours- Gov Okpebholo Tells Police Commissioner
Following the court proceedings, the judge ruled that the funds should be returned to Ned Nwoko, acknowledging him as the rightful owner. HSBC has been ordered to release the money to Nwoko’s legal representatives within seven days.
Details to follow…
-
Education10 hours agoDELSU Holds 121st Inaugural Lecture, As VC Hails Atonuje’s Impact As Mathematical Scientist
-
News14 hours agoChevron, NUJ Delta To Train 55 Journalists On Oil, Gas Reporting
-
Politics12 hours agoDema Consults Labour Party Delta Central Executive In Udu
-
News6 hours agoOborevwori: My Govt’ll Support Farmers, Investors With Infrastructure
-
Politics3 hours agoAPC Set For DTHA Contest In Ethiope East, Abraka Constituencies, As Akpowowo, Erhimedafe Emerge
