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…
-
Open Letter17 hours ago
Abraka: Open Letter To Ethiope East LGA Chairman Over Increase In Cost Of Sand
-
News24 hours ago
Gov. Soludo Felicitates Chief Emeka Anyaoku At 92
-
News16 hours ago
Oborevwori Mourns Edna Ibru
-
News18 hours ago
Deltans Are Feeling Impact Of Oborevwori’s Devt – Clark
-
Politics4 hours ago
Nwoko’s Media Communications Director Speaks On Senator’s Defection From PDP To APC