Business
N1.7m Fraud: Court Issues Warrant On Daily Times Buyers
An Ikeja High Court, yesterday, issued a bench warrant for the arrest of two directors of Folio Communications Ltd., which bought Daily Times Nigeria Ltd (DTN). The directors are the Anosike brothers: Fidelis and Noel.
Justice Habeeb Abiru ordered the Inspector-General of Police to arrest and produce the brothers before the court on September 28.
Our correspondent reports that Abiru issued the warrant following the failure of the two to appear before the court to face charges of stealing N1.7 billion belonging to the DTN.
Prosecution counsel, Mr Ernest Ezebilo had prayed for the warrant which, he said, would facilitate the arraignment of the directors.
He submitted that the prosecution had served the proof of evidence on the brothers but they failed to appear for arraignment.
Our correspondent reports that the brothers are facing a 40-count charge of stealing and fraudulent acquisition of property.
They were accused of stealing N1.7 billion worth of property belonging to the DTN on March 14, 2007.
The directors are also facing a 21-count charge of illegally siphoning billions of naira from the DTN, before a Federal High Court in Lagos.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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