Cyber fraud: Nigerian sentenced to eight years imprisonment in India

A Nigerian national, Jefferson Eze Henry has been sentenced to eight years in prison by a Kolkata court for defrauding an elderly man of Rs 1 crore in 2021 through a cybercrime scheme. The court also imposed a fine of Rs 50,000 on Henry following his conviction under the Information Technology Act and the Indian Penal Code. Henry was found guilty of posing as an official from the Royal Bank of London to deceive the victim, Saibal Banerjee, through fake email IDs and websites. Investigations revealed that he used virtual…

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Senate stops sale of Lafarge Cement company to Chinese firm

The planned sale of Lafarge Cement Plc to a Chinese company, has been halted by the Nigerian Senate. The lawmakers directed the Bureau of Public Procurement (BPP) to stop the sales, citing national security and economic sovereignty concerns. Lafarge Cement, a key player in Nigeria’s construction and industrial sectors, is located in Ewekoro Local Council of Ogun State. The Senate’s intervention aims to ensure that the divestment process safeguards national interests. During plenary, Sen Shuaib Salisu (Ogun Central) raised a motion highlighting the strategic importance of Lafarge Cement to the…

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