Ladoke Akintola University of Technology (LAUTECH), famous for churning out top notch graduates and the host city of Ogbomoso, are building up the image as nests of Yahoo Yahoo boys.
In the last two years, EFCC operatives have arrested no fewer than 79 students for various cyber crimes, in Ogbomoso. Over 70 per cent of them were LAUTECH students.
The latest LAUTECH students arrested were the 22 nabbed Tuesday by EFCC operatives in their Ogbomoso hideouts.
When the EFCC first raided the off campus hostels of the students in September 2019, 25 students were arrested for various forms of cybercrime including romance scam, love scam, possession of forged documents, and obtaining money by false pretence.
The students, who were aged between 18 and 29 years old, were arrested following a three-day raid carried out between September 16 and 19, 2019.
The raid followed months of surveillance and monitoring of the activities of the suspects, based on intelligence received by the agency.
The students nabbed at the time were Pelumi Adigun, 18; Umaru Frederick, 21; Damilola Emmanuel, 22; Tomiwa Oyewole, 29; Adeleke Owolabi, 24; Oladosu Abdullahi, 23; Abdulmusaq Ismail, 25; Isajimi Joshua, 23; Olaniyan Tunde, 22, and Ebosele Francis, 28.
Others were: Oladejo Ibrahim, 26; Oluwadamilare Abimbola, 25; Orimoloye Joshua, 23; Alfred Samuel, 22; Bayewu Ishola, 23; Abiola Gbenga, 25; Alfred Daniel, 20; Agboola Solomon, 21; Arolewola Damilola, 25; Amoo Tunmise, 23; Akeem Taiwo, 25; Segun Ajibola, 25; Hassan Segun, 24; Onicha Joel, 23, and Tafa Bassit, 25.
One of the students, Abdulmusaq Ismail, who was first arrested confessed to being involved in internet fraud and then took the operatives round hostels, leading to the arrest of many other suspects.
Some of the suspects who jumped over the fence to escape arrest, were nabbed as well.
The items impounded from them, which were believed to be the proceeds of crimes were a 4matic Benz, a Toyota Camry, a Toyota Corolla, two Macbook computers, two iPads, two iPhones and many other documents, later sent for forensic analysis.
On 11 August 2020, the EFCC operatives returned to Ogbomoso and were surprised that cyber crimes continued to thrive among new players.
This time, 32 “Yahoo Yahoo boys” were arrested in their various hideouts..
Three of the suspects claimed to be serving members of the National Youth Service Corps ( NYSC), 19 were undergraduates of various universities across the country, while the remaining 10 laid claim to sundry vocations.
The suspects are Oyebamiji Francis; Aremo Jeremiah; Ogbonnaya Prosper John; Anuoluwapo Matthew; Oladele Victor; Mumuni Waliyullah; Olawoyin Abiodun; Oluwatoyin Henry; Arisekola Shina; Babarinde Solomon; Samson Gideon; Joshua Ola Adebayo; Ajayi Joseph Ajibola; Garba Mojeed, Olatunbosun Tobiloba and Azeez Ridwan.
Others are Ajala Timilehin; Adebolapo Bakare; Alaba Gideon; Ogunkeye Olumide; Ogunleke Tolu; Olapade Emmanuel; Adegoke Aanu Abiodun; Job Ayantoye; Oyebode Pelumi; Babayanju Toluwani; Oladele Ayobami; Omonaiye Abubakar; Sattong Baking; Abisoye Kehinde, Iwajomo Nathan and Aniyikaye Tope.
At the point of their arrest, 12 exotic cars, several phones, laptops and some incriminating documents were recovered from them.
The third raid on Tuesday yielded 22 ”Yahoo Yahoo Boys”.
The suspects were Akintunde Ibrahim Olajide, Yusuf Taiye Afeez, Jimoh Idris Okikiola, Adeyemo Wariz Adegoke, Ademola Olalekan Saheed, Anif Abayomi Busayo, Oriade Sunday Oluwatobi, Ajadi Opeyemi Damilola,Peter Akanji Blessing,Olaoluwa Felix Oguniran, Agbei Shola Peter, Toheeb Adeagbo Tola, Ajayi Akinyinka Umar.
Others include Ibrahim Opeyemi Ishola, Samson Shonubi Oluwafemi, Oki Kayode Oluwadunsi, Durosamo Temitope Dickson, Akinremi Ridwan Abiodun, Ahmed Ogunyele and Olawore Ridwan Olalekan.
At the point of their arrest, five cars, several mobile phones, laptops and other incriminating documents were recovered from them.
Twenty of the 22 suspects have been indicted by the investigation.
They will be charged to court as soon as the investigation is concluded, said EFCC spokesman Wilson Uwujaren.
While most of the arrests have not always led to court trials, the EFCC had reported some convictions.
On 22 February 2021, the agency secured the conviction of Oluwatoyin Henry, one of the suspects nabbed in August of last year.
He was docked before Justice Sherifat Adeyemi of the Oyo State High Court, sitting in Ibadan, Oyo State, slammed with one count of obtaining by false pretence.
The charge reads: “That you Oluwatoyin Henry sometimes in 2019, at Ogbomosho, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of One Thousand Two Hundred United States of America Dollars (USD$1,200) from one Betty Mosley, when you falsely represented to him that you are a citizen of United States of America by name Amanda, who is in love with him which representations you knew to be false and thereby committed an offence.”
The convict pleaded guilty to the amended charge after a plea bargain agreement with the prosecution.
Next year, the EFCC may be in for another harvest of Yahoo Yahoo boys in Ogbomoso and LAUTECH.
German Nazi war crimes suspect, 96, goes on trial
Irmgard Furchner, a 96-year-old German woman who was caught shortly after going on the run ahead of a court hearing last month on charges of committing war crimes during World War Two appeared before a judge on Tuesday in the northern town of Itzehoe.
Irmgard Furchner, accused of having contributed as an 18-year-old to the murder of 11,412 people when she was a typist at the Stutthof concentration camp between 1943 and 1945, was taken into the sparse courtroom in a wheelchair.
Her face was barely visible behind a white mask and scarf pulled low over her eyes.
Security was heavy as the judge and legal staff made their way into the court.
Between 1939 and 1945 some 65,000 people died of starvation and disease or in the gas chamber at the concentration camp near Gdansk, in today’s Poland.
They included prisoners of war and Jews caught up in the Nazis’ extermination campaign.
The trial was postponed after Furchner left her home early on Sept. 30 and went on the run for several hours before being detained later that day.
Charges could not be read until Furchner, who faces trial in an adolescent court because of her young age at the time of the alleged crimes, was present in court.
She is the latest nonagenarian to have been charged with Holocaust crimes in what is seen as a rush by prosecutors to seize the final opportunity to enact justice for the victims of some of the worst mass killings in history.
Although prosecutors convicted major perpetrators – those who issued orders or pulled triggers – in the 1960s “Frankfurt Auschwitz Trials”, the practice until the 2000s was to leave lower-level suspects alone. (Reuters/NAN)
Tech entrepreneur, Favour Ori breaks record in Rwanda
Payday, a Pan-African Fintech startup, founded by Nigerian entrepreneur, Favour Ori has become the first Rwandan company to join the prestigious Techstars Toronto Accelerator program.
Techstars is an operational investment company that assists founders and early-stage entrepreneurs scale their vision into a thriving business, beginning with the Demo Day at the end of the program where selected startups will be able to pitch to a carefully curated group of investors.
The 3-month accelerator program’s goal is to provide entrepreneurs with invaluable skills, resources, and connections to a large pool of global talent and investors.
CEO, Favour Ori said, “Joining Techstars will be a game-changer for us. This is an opportunity to work with and learn from outstanding mentors, as well as to leverage their experience, skills, and network to create a platform where all Africans, regardless of location, can enjoy financial inclusion.”
Rwanda represents one of the best turnaround stories the world has seen in a generation. The word that best describes the founders and team behind Payday is “resilient”.
“Moreover, Payday has engineered a financial product that Africans need across the continent, and the recent traction they are seeing makes us believe that this is the start of something massive” says Sunil Sharma, Managing Director of Techstars Toronto.
“We are thrilled to be able to co-invest with some of the best early-stage fintech and e-commerce investors in Africa” says Sharma.
The inclusion of Payday in this program represents an endorsement from one of the world’s most reputable investor communities, emphasizing the potential of the company’s business model and its commitment to developing innovative payment solutions that will simplify how Africans move money around the world.
Techstars has 15 unicorns under its umbrella. Some of the notable ones include; SalesLoft, SendGrid, ZipLine, Chainalysis, and DataRobot, etc. We are sure going to be the NEXT!
War in Nigeria’s advertising industry as associations split over practice guidelines
The Advertisers Association of Nigeria (ADVAN) has rejected the implementation of the new Advertising Industry Standard of Practice (AISOP) guidelines.
On Monday, Heads of Ad agencies announced the new regulations in a joint statement.
The signatories include the President, Association of Advertising Agencies of Nigeria (AAAN), Steve Babaeko; President, Media Independent Practitioners Association of Nigeria (MIPAN), Femi Adelusi.
Others were President, Outdoor Advertising Association of Nigeria (OAAN), Emmanuel Ajufo and President, Experiential Marketers Association of Nigeria (EXMAN), Tunji Adeyinka.
The bodies said the effective date for AISOP implementing is October 6, the date of pronouncement by the Advertising Practitioners Council of Nigeria (APCON).
But ADVAN said it makes an unconstitutional attempt to infringe on the rights of private entities to determine their contractual terms.
In a statement on Tuesday, ADVAN Acting President, Bunmi Adeniba said ADVAN is supportive of the plan to create a Standard of Practice.
Adeniba, however, noted that the Supreme Court had, in many decisions, pronounced that the rationale for freedom of contract is founded on public policy.
This means parties of full age and competent understanding are deemed to have the utmost liberty of contracting, and that their contracts when entered freely and voluntarily must be held sacred and be enforced by courts of law.
Adeniba said as principal benefactors of advertising services, ADVAN’s input in AISOP was yet to be fully onboarded.
“The guidelines are void of critical elements that protect the rights and interest of the ADVAN community”, she declared.
Adeniba insisted that the guidelines do not serve collective interest, but rather permits unfair authority of certain parties over others and creates an unfriendly business framework.
“It portrays a clear indication of discriminatory standards where the AISOP document in section 5 sub section b (Discounts and Commissions) states that:“No party will unilaterally dictate or impose rates on another party except as may be mutually agreed by upon by the parties.
“However, in the summary submitted to the press,there is a clause that states: “Media rates may be increased at any time provided that at least 30 days’ notice is given prior to implementation”.
“Latter of which was not included on original documents, further portraying an inconsistency in expectation.
“ADVAN requests that in all instances, the condition of a mutually agreed terms by both parties be upheld and not only as it applies to expectations from Advertisers.”
The statement said the government has a specific and critical role in supporting industry development by providing fair and enabling legislation and guidelines for ethical business practices.
The association demanded that the involvement should not overrule the constitutional rights of business entities to conduct legitimate business activities.
“The perception of a discriminatory regulatory system will be counterproductive to the collective objective of creating a conducive business environment”, Adeniba added.
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