Justice Deinde Dipeolu of the Federal High Court in Lagos has ordered 54 banks to immediately return a total of N9,329,322,870 fraudulently transferred by hackers from Union Bank accounts. The judgment, delivered on April 15, 2025, follows an ex parte motion filed in suit number FHC/L/CS/629/2025. The court directed the financial institutions to place a Post No Debit restriction on all accounts that received the stolen funds and to begin the immediate return of all available funds to the originating bank. The plaintiff bank reported that on March 23, 2025, a breach in its core banking system resulted in unauthorized...
South Korea Indicts Former President Moon Jae-In For Bribery
Prosecutors have indicted former South Korean President Moon Jae-in on charges of bribery related to his former son-in-law’s job at an airline. Prosecutors argue his former son-in-law, identified only by his surname Seo, had little experience in the aviation industry but was hired in exchange for the airline’s CEO leading a state-funded agency. Moon led the country from 2017 to 2022 and is best remembered for his attempts to broker a peace deal with North Korean leader Kim Jong Un. He joins a long list of South Korean presidents whose political careers have been marred by scandal, from jail to assassination...
India And Pakistan Cancel Visas Of Each Others’ Nationals As Tensions Rise After Kashmir Attack
India and Pakistan cancelled visas for their nationals to each other’s countries Thursday amid rising tensions between the two nuclear armed neighbors after India blamed Pakistan for a deadly attack by gunmen that killed 26 people, mostly tourists, in disputed Kashmir. Indian authorities said all visas issued to Pakistani nationals will be revoked with effect from Sunday, adding that all Pakistanis currently in India must leave before their visas expire based on the revised timeline. The country also announced other measures, including cutting the number of diplomatic staff and closing the only functional land border crossing between the countries. In return, Pakistan...
28-Year-Old Electrician Electrocuted In Oyo While Fixing High-Tension Line
An unidentified 28-year-old electrician has been electrocuted in Oyo State. According to reports, the incident happened on Wednesday in Odo Babaode in Eruwa, Ibarapa East local government area. The victim worked on the active power line without shutting down the feeder, leading to fatal electrocution. Confirming the incident, the General Manager of Oyo State Fire Service, Mr Yemi Akinyinka noted that a distress call was received by the agency on Wednesday afternoon. He said: “The distressed call was reported at 15:29hrs on Wednesday 23rd April, 2025. “The fire personnel led by PFS1 Peluola Babatunde quickly followed the caller and on...