A Lagos POS operator, Shamsudeen Ishiaka, has been arraigned for allegedly defrauding five colleagues of N17 million through bank transfers

A 24-year-old Point of Sale (POS) operator, Shamsudeen Ishiaka, has been arraigned before an Ogudu Magistrates’ Court in Lagos for allegedly defrauding five of his colleagues of N17 million.

The alleged offences occurred in November 2024 at Mile 12 Market, Ketu, where Ishiaka reportedly collected funds through bank transfers from his colleagues, promising to repay them in cash—a commitment he failed to fulfill.

According to **Prosecutor Inspector Bassey Sunday**, the complainants made the following transfers to Ishiaka in exchange for cash:

– ₦7 million – Mr Oluwakemi Dada
– ₦4 million – Mr Nuhu Hassan
– ₦2.7 million – Mr Ahmed Didat
– ₦1.8 million – Mr David Chibuzor
– ₦1.5 million – Mr Dare Oyegoke

After receiving the funds, Ishiaka allegedly absconded, prompting the victims to report the case to the police. He was later tracked down and arrested.

Ishiaka was charged with fraud and stealing, offences that violate **Section 287 of the Criminal Law of Lagos State, 2015

Felak Concept Group has strongly condemned a false publication by The Street Journal alleging that the Economic and Financial Crimes Commission (EFCC) arrested its Group Chief Executive Officer (GCEO), Dr. Mrs. Aisha Achimugu, on March 10, 2025.

In a statement, the company expressed outrage at what it described as a “malicious and defamatory” report designed to tarnish Dr. Achimugu’s reputation and damage the company’s image.

“We are certain that the EFCC, a reputable organization, did not provide this false and misleading information to The Street Journal and its publisher, Mr. Wale Arisekola,” the statement read.

Felak Concept Group decried the publication as a deliberate act of defamation, causing distress to associates, family, and well-wishers. It demanded an immediate retraction and a public apology within 48 hours.

“Failure to comply will leave us with no choice but to take swift legal action,” the company warned.

To recognize his governance efforts, Otunba Daniel Olugbenga, of Ogun East Senatorial District, has been selected to receive the Dubai People’s Choice Legislative Excellence Award.

According to correspondence dated March 3, the senator has been nominated and invited to attend the award ceremony scheduled for June 6, in Dubai, United Arab Emirates.

The event is described as “a global platform for recognition and engagement” that will bring together policymakers, government officials, business leaders, and international dignitaries.

The award is reportedly a collaborative initiative organized by Africa International Chambers (AIC) and Souq Nexus, facilitated by Integrated Management Resources (IMR). It aims to honor legislators who have demonstrated commitment to legislative excellence, democratic governance, and transformative constituency development.

The letter highlights Otunba Daniel’s “legacy of impactful representation,” citing his dedication to strengthening democratic institutions, implementing strategic policies, and championing community-driven development. The document specifically mentions his work in the 10th Assembly focusing on infrastructure development and enhancing people’s capacity and livelihoods.

The nomination notice is signed by Prof. Raju Chandrasekhar, Chairman of the Joint Award Screening Committee in Dubai.