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Osun: Fire Destroy Property Worth N15.3bn in 2024

    Osun State Fire Service says property worth N15,308,651,017 were lost to fire outbreaks in the state between January and December 2024. The losses were recorded in the state fire service's annual ‘fire incident record,’ which the News Agency of Nigeria (NAN) obtained on Friday in Oshogbo. According to the data, the state fire service received 103 fire outbreak calls in the year under review, and it attended to 16 additional non-fire-related calls. The data also reflected that the majority of the fire outbreaks took place in February and December when 20 fire outbreaks were recorded each. READ:  Soun appoints Rev Owoade as Palace Chaplain However, the highest property loss was recorded in December, with N12.580 billion in property lost to fire outbreaks. This was followed by the month of May when property worth N1.249 billion was destroyed during five recorded fire incidents. According to the data, seven persons died from the fire incidents, with one death recorded in ...
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Osun Monarch in FBI custody over $4.2 million COVID-19 fraud

 

Joseph Oloyede, the Apetu of Ipetumodu in Osun state, has been taken into custody by the United States Federal Bureau of Investigation (FBI) after being indicted for conspiracy, wire fraud, and money laundering.

According to The Cable, Oloyede was crowned as the monarch of Ipetumodu in 2019 but frequently travelled between Nigeria and the US for “royal and personal engagements”.

Indigenes began raising concerns after his throne was vacant for nearly a year.

He had reportedly missed three major traditional festivals, including the annual ‘egungun festival and Edi celebration’.

A statement issued by the US department of transportation said a grand jury indicted Oloyede and one Edward Oluwasanmi for conspiracy, wire fraud, and money laundering.

“The indictment alleges that Oloyede and Oluwasanmi fraudulently obtained over $4.2 million in COVID-19 relief funds guaranteed by the U.S. Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, including Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDLs),” the statement reads.

Oloyede and Oluwasanmi were arrested on April 5, 2024.

According to the indictment, from April 2020 through February 28, 2022, Oloyede and Oluwasanmi submitted PPP and EIDL applications containing false information for entities under their control.

They also allegedly submitted falsified tax and wage documents to support these applications.

“Oloyede received $1.7 million, and Oluwasanmi received $1.2 million in SBA funds for their businesses,” the statement added.

“Additionally, Oloyede submitted falsified PPP and EIDL applications in the names of other co-conspirators and confederate borrowers and their businesses.

“Oloyede obtained approximately $1.3 million through those applications, totaling at least $4.2 million obtained through the fraud.”

The statement said relevant US authorities, in collaboration with the Federal Bureau of Investigation (FBI) and the Internal Revenue Service Criminal Investigation, are investigating the case.




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