The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on July 2, 2020, arraigned Stephen Oshinowo, a former Executive Secretary, Lagos State Scholarship Board, for alleged N127m fraud before Justice O.A. Taiwo of the Special Offences Court sitting in Ikeja, Lagos State.
He was arraigned on amended eight-count charges bordering on criminal conversion to the tune of N127,000,000( One Hundred and Twenty-Seven Million Naira only).
One of the amended eight-count charge read: “That you, Stephen Oshinowo, sometime in 2018, in Lagos and within the jurisdiction of this honourable court, being a civil servant, dishonourably converted to the use of Oshinowo Adenike the total sum of N30 million (Thirty Million Naira), property of Lagos State Board.”
Another count read: “That you, Stephen Oshinowo, between 8th day of February, 2016 and 30th day of December in Lagos and within the jurisdiction of this honourable court, being the Secretary of Lagos State Scholarship Board, dishonestly converted to your own use, through Julikam International Limited, the sum of N39, 934,919 (Thirty -Nine Million Nine Hundred and Thirty-Four Thousand Nine Hundred and Nineteen Naira) property of Lagos State Board.”
Investigation revealed that Oshinowo, at various times, allegedly diverted to his personal use the sum of N127, 164,066 meant for the Board.
He pleaded not guilty to the charges when they were read to him.
In view of his plea, prosecution counsel, Usman Buhari, asked the court for a trial date and also prayed for the remand of the defendant. However, defence counsel, Lawal Pedro, SAN, prayed the court for a short adjournment to hear the bail application of his client.
Consequently, Justice Taiwo adjourned till July 3, 2020, hearing of the bail application, and also ordered that the defendant be remanded in EFCC custody.
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Houseboats offer a unique way to live on the water. With full kitchens, bedrooms, and even entertainment areas, they provide a comfortable floating home. Some people use them for weekend retreats, while others live on them full-time. Modern houseboats come with solar panels and water filtration systems, making them self-sufficient. If you love waterfront living, a houseboat is a great investment.
Sailboats offer a completely different experience, relying on wind power rather than engines. Sailing requires skill and patience, but it provides a peaceful and rewarding way to explore the water. Some people sail for leisure, while others take long voyages across oceans. Sailboats range from small, single-person dinghies to massive yachts equipped with advanced navigation systems. Learning how to handle sails, read the wind, and navigate properly is essential for safe sailing. Many sailing enthusiasts say there’s nothing quite like the feeling of harnessing the wind to glide across the water.
Customizing a boat allows owners to create their ideal watercraft. Adding LED lighting, high-end sound systems, and upgraded seating enhances the boating experience. Many owners install advanced GPS systems for easier navigation. Fishing boats can be customized with better rod holders and bait stations. Whether upgrading for luxury or functionality, customization makes a boat feel truly personal.
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Pontoon boats are a fantastic choice for families and social gatherings. Their spacious design allows for comfortable seating, sunbathing, and even onboard grilling. Many pontoons come with luxury features like sound systems and mini-bars, making them perfect for parties. They are also easy to operate, making them ideal for beginners. Whether you’re cruising a lake or relaxing on the river, a pontoon boat ensures a great time on the water.
Houseboats offer a unique way to live on the water. With full kitchens, bedrooms, and even entertainment areas, they provide a comfortable floating home. Some people use them for weekend retreats, while others live on them full-time. Modern houseboats come with solar panels and water filtration systems, making them self-sufficient. If you love waterfront living, a houseboat is a great investment.
Pontoon boats are a fantastic choice for families and social gatherings. Their spacious design allows for comfortable seating, sunbathing, and even onboard grilling. Many pontoons come with luxury features like sound systems and mini-bars, making them perfect for parties. They are also easy to operate, making them ideal for beginners. Whether you’re cruising a lake or relaxing on the river, a pontoon boat ensures a great time on the water.
Pontoon boats are a fantastic choice for families and social gatherings. Their spacious design allows for comfortable seating, sunbathing, and even onboard grilling. Many pontoons come with luxury features like sound systems and mini-bars, making them perfect for parties. They are also easy to operate, making them ideal for beginners. Whether you’re cruising a lake or relaxing on the river, a pontoon boat ensures a great time on the water.
Fishing boats are designed to provide the best angling experience. From small bass boats to large offshore vessels, each type has unique features. Many fishing boats come with built-in rod holders, fish finders, and live wells. Choosing the right one depends on where and how you fish. Saltwater fishing requires a durable hull, while freshwater fishing boats can be smaller and more lightweight. A good fishing boat helps you reach the best spots and improve your catch.
Customizing a boat allows owners to create their ideal watercraft. Adding LED lighting, high-end sound systems, and upgraded seating enhances the boating experience. Many owners install advanced GPS systems for easier navigation. Fishing boats can be customized with better rod holders and bait stations. Whether upgrading for luxury or functionality, customization makes a boat feel truly personal.
There’s something special about spending time on the water, away from the stress of daily life. A boat allows you to explore new places, go fishing in the best spots, or simply relax with friends and family. Many people buy boats for weekend getaways, while others use them for full-time living. The choice depends on the type of boating experience you want. Sailboats are great for those who enjoy the challenge of wind-powered travel, while powerboats offer speed and convenience. No matter what type you choose, owning a boat means enjoying the open water on your terms.
Fishing boats are designed to provide the best angling experience. From small bass boats to large offshore vessels, each type has unique features. Many fishing boats come with built-in rod holders, fish finders, and live wells. Choosing the right one depends on where and how you fish. Saltwater fishing requires a durable hull, while freshwater fishing boats can be smaller and more lightweight. A good fishing boat helps you reach the best spots and improve your catch.
Buying a used boat can be a smart financial decision, but it requires careful inspection. Checking the hull for cracks, testing the engine, and reviewing maintenance records can prevent future problems. Some used boats are in excellent condition and offer great value for money. Hiring a marine surveyor to inspect the boat can provide peace of mind. A well-maintained used boat can perform just as well as a new one at a fraction of the price.
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