• Home
  • Featured
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Crime
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Two Journalists Sentenced To Five Years In Prison For Libelous Publication

March 30, 2023

Cristiano Ronaldo’s Girlfriend Cries Out As Her Children Face Bullies In Saudi School 

March 30, 2023

Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 

March 30, 2023
Facebook Twitter Instagram
Trending
  • Two Journalists Sentenced To Five Years In Prison For Libelous Publication
  • Cristiano Ronaldo’s Girlfriend Cries Out As Her Children Face Bullies In Saudi School 
  • Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 
  • 12 Perish In Philippine Ferry Disaster
  • Hamilton Vows To Stay With Mercedez Till His Last Days 
  • IPAC To DSS: Arrest Those Plotting Interim Govt
  • Sanwo-Olu To Lagosians: Next Four Years Will Be More Rewarding; Gov, Deputy Collect Certificates Of Result 
  • Portable To Police: Boy I Beat Was My Apprentice, Oga Beat Apprentice Wetin Concern Police
Facebook Twitter Instagram YouTube
The Gazelle NewsThe Gazelle News
  • Home
  • Featured
  • News
    Featured

    Sanwo-Olu To Lagosians: Next Four Years Will Be More Rewarding; Gov, Deputy Collect Certificates Of Result 

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Sanwo-Olu To Lagosians: Next Four Years Will Be More Rewarding; Gov, Deputy Collect Certificates Of Result 

    March 30, 2023

    JAMB Registrar, Ambassador To UK, Others Intervene In Egba Muslim Leadership Tussle 

    March 29, 2023

    Lagos Train/Bus Crash: Committee Seeks Death Insurance Benefits, Employment, Scholarship For Victims’ Dependants 

    March 29, 2023
  • Politics
    Featured

    Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 

    March 30, 2023

    IPAC To DSS: Arrest Those Plotting Interim Govt

    March 30, 2023

    Sanwo-Olu To Lagosians: Next Four Years Will Be More Rewarding; Gov, Deputy Collect Certificates Of Result 

    March 30, 2023
  • Business
    Featured

    Dentsu Deepens Relationships With Clients, Partners In Nigeria 

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Dentsu Deepens Relationships With Clients, Partners In Nigeria 

    March 30, 2023

    Aregbesola Seeks Ireland’s Support On Internal Security

    March 30, 2023

    OPEC Appoints Spokesperson Awardee, Dr. Gwandu as PR Coordinator in Vienna

    March 28, 2023
  • Entertainment
    Featured

    Portable To Police: Boy I Beat Was My Apprentice, Oga Beat Apprentice Wetin Concern Police

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Portable To Police: Boy I Beat Was My Apprentice, Oga Beat Apprentice Wetin Concern Police

    March 30, 2023

    Angelique Kidjo Named Co-recipient Of 2023 Polar Music Award, Becomes Africa’s Most Decorated Female Artist

    March 29, 2023

    Basket Mouth Speaks On When He’s Quitting Comedy 

    March 29, 2023
  • Education
    Featured

    Dentsu Deepens Relationships With Clients, Partners In Nigeria 

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Dentsu Deepens Relationships With Clients, Partners In Nigeria 

    March 30, 2023

    JAMB Registrar, Ambassador To UK, Others Intervene In Egba Muslim Leadership Tussle 

    March 29, 2023

    Meet Nigerian Genius: Solves 30-yr Unsolved Maths Equation, First To Bag First Class Honour In Japan’s Tokai University

    March 28, 2023
  • Crime
    Featured

    Two Journalists Sentenced To Five Years In Prison For Libelous Publication

    By Soffiyyah OlamideMarch 30, 20230
    Recent

    Two Journalists Sentenced To Five Years In Prison For Libelous Publication

    March 30, 2023

    Portable To Police: Boy I Beat Was My Apprentice, Oga Beat Apprentice Wetin Concern Police

    March 30, 2023

    Employ Children As Workers, Spend Seven Years In Prison, NAPTIP Warns Restaurant Owners 

    March 29, 2023
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World
The Gazelle NewsThe Gazelle News
Home»Crime»$9.6bn P&ID Fraud: Nolan’s Sureties To Forfeit  N50m Bonds
Crime

$9.6bn P&ID Fraud: Nolan’s Sureties To Forfeit  N50m Bonds

Olamide ObayemiBy Olamide ObayemiMarch 9, 2023Updated:March 9, 2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Justice Modupe Oso-Adebiyi of the Federal Capital Territory High Court, Gudu, Abuja, has ordered sureties to James Nolan to produce him before the court  in September 2023,   or risk forfeiting their bonds to the Federal Government.

Nolan, an Irish and a Director in the Process and Industrial Development Limited, P&ID, is facing trial on 11-count charges bordering on forgery, stealing and felony to the tune of N151,394,328.00 (One Hundred and Fifty One Million, Three Hundred and Ninety  Four  Thousand, Three Hundred and Twenty Eight Naira only).

At the resumed trial of the defendant on Thursday, March 9, 2023, Justice Oso-Adebiyi frowned at the non-appearance of Nolan in court, after series of adjournments to ensure that his counsel produced him for trial. 

“I will not give May or April to produce the defendant, but I will give you enough time to produce him before me on the first sitting in September 2023, or to show cause why you are not to forfeit the sum of Fifty Million Naira each to the Federal Government”.

The sureties, Adebisi Solomon and Michael Iyage, have severally failed to account for the whereabouts of the defendant after securing his bail.

One of the charges reads: “That you, James Nolan and Nell Murray (at large), sometime in December 2016, in Abuja, within the Abuja Judicial Division of the Federal Capital Territory High Court, conspired to commit a felony: to wit forgery of the signatures of Lloyd Quinn and Adam Quinn unto a board resolution dated 5th December 2016 appointing yourselves as members of the board of directors of MICAD PROJECT CITY SERVICES LIMITED and filed same with the Corporate Affairs Commission who verified same on the 8th day of December 2016, and thereby committed an offence contrary to section 96 of the Penal Code, Cap 532 Laws of the Federation of Nigeria (Abuja) 1990 and punishable and you thereby committed an offence punishable under section 97 of the same law”.

 Count 11 reads: “That you, James Nolan, and Neil Murray (at large) sometime in February 2017 in Abuja, within the Abuja Judicial Division of the Federal Capital Territory High Court, committed theft by fraudulently taking out of the possession of MICAD CITY PROJECT SERVICES LIMITED the sum of N151,394,328.00 (One hundred and fifty one million, three hundred and ninety for thousand, three hundred and twenty eight Naira only) and you thereby committed an Offence contrary to section 286 of the Penal Code, Cap 532, Laws of the Federation of Nigeria (Abuja) 1990 and punishable under section 287 of the same law”.

Related

$9.6bn P&ID fraud EFCC Federal High Court Abuja
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Olamide Obayemi

Related Posts

Two Journalists Sentenced To Five Years In Prison For Libelous Publication

March 30, 2023

Cristiano Ronaldo’s Girlfriend Cries Out As Her Children Face Bullies In Saudi School 

March 30, 2023

Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 

March 30, 2023
Don't Miss
Crime

Two Journalists Sentenced To Five Years In Prison For Libelous Publication

By Soffiyyah OlamideMarch 30, 20230

By Abimbola Ogunnaike A Magistrate Court sitting in Ilorin, the Kwara State capital has sentenced…

Cristiano Ronaldo’s Girlfriend Cries Out As Her Children Face Bullies In Saudi School 

March 30, 2023

Fasoranti: Afenifere Recognizes Tinubu As President-elect Not Obi; Nullifies Suspension Of Two Officials; Read Full Statement Here 

March 30, 2023

12 Perish In Philippine Ferry Disaster

March 30, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Most Viewed Posts
  • APO Press Releases
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom
  • Wig-wearing Women to pay Tax
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates 
  • After DNA Tests Proved All Three Children Were Not His, ex-Aston Villa Striker Regains Possession Of 7-bedroom Mansion From ex-Wife
About Us
About Us

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

We're accepting new partnerships right now.

Email Us: tgnews2013@gmail.com
Contact: +234-802-304-5855

Most Viewed Posts
  • APO Press Releases Views: 54819 August 27, 2020
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom Views: 42589 November 5, 2020
  • Wig-wearing Women to pay Tax Views: 37303 September 5, 2020
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates  Views: 29239 May 25, 2021
Search
New Comments
    Facebook Twitter Instagram Pinterest
    • Home
    © 2023 The Gazelle News. Designed by DeedsTech.

    Type above and press Enter to search. Press Esc to cancel.

    Please wait...

    Subscribe to our newsletter

    Want to be notified when our article is published? Enter your email address and name below to be the first to know.
    SIGN UP FOR NEWSLETTER NOW