Policeman arrested for killing colleague during clash with cultists in Calabar

The Cross River State police command has disclosed that it has arrested a policeman, Corporal Kingsley Iyeke, over the alleged killing of his colleague, Inspector Edet Archibong, during a gun duel between the police and suspected cultists in Calabar.
The state Commissioner of Police, Mr. Jimoh Ozi-Obeh, made the announcement in Calabar yesterday when he briefed journalists on the feat recorded so far by the police.
The commissioner said Iyeke was arrested following a tip-off after some secret cult members mentioned him as one of their member.
He said the cult members who mentioned the policeman were arrested in their hideout after they had been traced by the police.
The commissioner said during interrogation, one of the suspected cultists mentioned Iyeke as their member “and that he was the one that shot the police inspector during the clash”.
Continuing, the commissioner said: “Majority of the suspects have been arrested. Our front line interrogation

Ex-Diamond Bank staff, other get N20m bail in $1m fraud case

Justice Nnamdi Dimgba of the Federal High Court sitting in Maitama, Abuja on Monday, admitted the one Sada Adamu and Babatunde Faro, an employee of Diamond Bank Plc to bail on a 4-count of money laundering preferred against them by the Economic and Financial Crimes Commission, EFCC.
Arraigned on Friday, November 11, 2016, Adamu was alleged to have made cash payment of $1 million being an amount exceeding the stipulated N5 million threshold payable cash by an individual according to law, to Faro. The offence is a breach of Section 1(a) of the Money Laundering Act, 2011 as amended and punishable under Section 15 (2) (b) of the same Act.
Moving the bail application today, W. Y. Maman and W. T. Iorshe representing Adamu and Faro respectively, prayed the court to grant the accused persons bail on liberal terms adding that they would