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Court convicts 63 year old man for investment fraud

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By Francesca Hangeior

The Oyo high court in Ibadan has sentenced Olaniyan Gbenga Amos to 63 years imprisonment over a string of investment fraud.

The presiding judge, Olusola Adetujoye, convicted Amos alongside his company, Detorrid Heritage Investment Limited.

Amos was arraigned by the Ibadan zonal directorate of the Economic and Financial Crimes Commission (EFCC) on a 30-count charge bordering on fraudulent dealings.

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The charges bordered on false pretences, an offence contrary to section 1(1)(a) and punishable under section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006.

“That you Olaniyan Gbenga Amos and Detorrid Heritage Investment Limited on or about 18th of June, 2020, at Ibadan, within the jurisdiction of this Honourable Court, with intent to defraud obtained the sum of N995, 000.00 (Nine Hundred and Ninety-five Thousand Naira) only from Bada Titilope, when you falsely represented to him that the money is meant for registration and investment with Crime Alert Security Network with a promise of 30% return on Investment in 6 weeks (30 working days), which representations you knew to be false and thereby committed an offence of Obtaining Money under false pretence contrary to Section 1(1) (a) and punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006,” part of the charge sheet reads.

“That you Olaniyan Gbenga Amos and Detorrid Heritage Investment Limited on or about 29th of January, 2020, at Ibadan, within the jurisdiction of this Honourable Court, with intent to defraud obtained the sum of N920, 000.00 (Nine Hundred and Twenty Thousand Naira) only from Onifade Isaac Olawale, when you falsely represented to him that the money is meant for registration and investment with Crime Alert Security Network with a promise of 30% return on Investment in 6 weeks (30 working days), which representations you knew to be false and thereby committed an offence of Obtaining Money under false pretence contrary to Section 1(1) (a) and punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006.”
The defendant pleaded not guilty to all the charges.

After the plea was taken, Sanusi Galadanchi, counsel to EFCC, opened the prosecution’s case on February 17, 2022.

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Galadanchi called eight witnesses, tendered several exhibits, and closed the case on January 24, 2023.

Afterwards, the defendant filed a no case submission, which was rejected by the court.

The court also ordered the defendant to enter his defence against the prosecution’s case.

Subsequently, Amos opened his case and testified as the lone witness for himself and on behalf of the second defendant, his company.

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The defendant closed his case on October 17, 2024.

During the court proceedings on Monday, Adetujoye convicted and sentenced the defendant to seven years imprisonment on each count of 6, 16, 17, 18, 19, 21, 22, 23 and 24.

The judge discharged and acquitted him on counts 1, 2, 3, 4, 5, 7, 8, 9, 10, 11, 12, 13, 14, 15, 20, 25, 26, 27, 28, 29 and 30 respectively.

The court ordered that the sentence should run concurrently.

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The judge also ordered the defendant to make restitution to the victims.

In December 2023, Amos was convicted and sentenced to 75 years imprisonment by Bayo Taiwo, a judge of the Oyo state high court, for a similar offence.

The defendant also has two other ongoing trials before federal high courts in Ibadan.

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Ghanaian lawmaker collapses while addressing students

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Francis-Xavier Sosu, Ghanaian member of parliament, collapsed on stage while delivering a speech.

Sosu was addressing students at the Ghana Institute of Management and Public Administration (GIMPA) in Accra on Thursday when he began to show signs of dizziness, according to video posted by Joy Online, a local media outlet.

Pausing his address, the lawmaker attempted to hold on to the podium but was unable to continue his speech or stand upright.

A man and a woman approached the podium from the side of the hall to assist the lawmaker, who later collapsed into their arms as they rushed him out of the building.

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A statement issued by Ivan Dzakpasu, Sosu’s chief of staff, said the MP has received the necessary medical attention following the incident.

The statement did not provide details on the nature of the incident, the medical attention received or what may have caused the MP to become unwell.

The statement urged the public to remain calm and avoid relying on unverified reports or speculation about the lawmaker’s condition.

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Court nullifies Pantami’s PDP ticket for Gombe guber, orders fresh primary

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The federal high court in Gombe has nullified the emergence of Isa Pantami as the Peoples Democratic Party (PDP) candidate for the 2027 governorship election in the state.

The court, in a judgment delivered on Thursday by Amina Aliyu Mohammed, also ordered the PDP to conduct a fresh governorship primary in compliance with its constitution, guidelines and relevant electoral laws.

The judgment followed a suit filed by Usman Garry, a PDP governorship aspirant, who challenged the process through which Pantami emerged as the party’s candidate.

In May, Pantami withdrew from the All Progressives Congress (APC) governorship primary election scheduled for May 21 in Gombe state.

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Pantami attributed his withdrawal from the race to the alleged breaches of the electoral process.

He eventually joined the PDP and emerged as the party’s 2027 governorship candidate in Gombe state.

The former minister secured the ticket through voice affirmation during the party’s gubernatorial primary.

Garry objected to the affirmation of Pantami as the flagbearer of the Abdulrahman Mohammed-led faction and eventually filed a suit against the former minister.

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Garry had asked the court to set aside Pantami’s emergence on the grounds that the PDP did not conduct a valid governorship primary in accordance with its rules and applicable electoral laws.

After hearing arguments from the parties, the court had reserved judgment in July.

At Thursday’s proceedings, counsel to Pantami argued that he had validly resigned from the APC on May 19, 2026, before participating in the PDP primary.

The PDP also opposed the suit and urged the court to strike out the case.

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Garry’s counsel, however, urged the court to dismiss the objections and grant the reliefs sought by his client.

The court, however, directed the PDP to conduct a fresh governorship primary in accordance with its guidelines and applicable electoral provisions.

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Adeleke justifies UNIOSUN VC’s tenure extension

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Osun State Governor, Ademola Adeleke, has noted the steady development that Osun State University has witnessed under the current management of the institution.

He said the visible progress under the current Vice-Chancellor, Prof Clement Adebooye, was the main factor considered to approve tenure extension for the VC.

Adeleke, who was represented by the Deputy Governor, Kola Adewusi, asserted on Thursday while addressing the 16th UNIOSUN convocation ceremony held at the main campus of the university in Osogbo,

The governor listed Adebooye’s accomplishments, saying various breakthroughs recorded by the current management had transformed the institution.

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Flaunting the multiple achievements in academic and infrastructural growth within the university, Adeleke, in a statement signed by his spokesperson, Olawale Rasheed, further said, “In the last four years, 40 main building projects have been constructed and commissioned for use. There is no year that I have not personally come to the campus to commission legacy projects.

“In August this year alone, I commissioned the ultra-modern FIFA-standard Sports Complex, 3-in-1 Science Laboratory Complex, and two landmark Lecture Theatres.

“In addition to these, there have been well over 30 complementary works that include renovations, procurement and supplies, solar installations, etc., all with a view to making teaching, learning and administrative work conducive.

“Of more importance is the sustenance of the long-established culture of peace and industrial harmony in the university. This is why for the past five years, the university has not missed any academic session, nor has it failed to graduate its deserving students as and when due.

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“It is on record that UNIOSUN is the second state-owned university to fully implement the 2025 FGN-staff union agreement.

“So, in terms of staff welfare and overall teaching and learning environment, this university remains a model. This is a major commitment of our government to support the responsible and responsive administration that we have put in charge of this university.

“In a bid to sustain continuity of performance and academic excellence, I approved a two-year extension of the tenure of the vice-chancellor with effect from 4th January, 2027 after strategic consultations and compliance with the state law.”

Speaking further on the development, the governor said his pronouncement has, accordingly, been backed up by the amendment to Osun State University Law (2006), passed by the state House of Assembly earlier this month, vowing “to continue to do everything to support the sustenance of academic and administrative excellence in this University.

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“It must also be stated very clearly that my decision was well guided and it is rooted in legality, and in the overall best interest of the university.

“Our choice of the new chancellor followed a similar merit-driven thought process, and the innumerable applause from all parts of the world proved us right on Mama BOVAS’ appointment.

“Our resolve to also dissolve and reconstitute the governing council is another product of painstaking review towards accelerating the progressive development of the university. We are therefore not bound by any law or tradition to accept the dictates of any staff union regarding what we think is the best for our university,” the governor insisted.

Rolling out further achievements of the university under the vice-chancellor, Adeleke said, “In this month alone, the current vice-chancellor and his team attracted five major signature projects from the Federal Government and successfully laid their foundations with a view to completing the projects before December 2027.

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“This is a vice-chancellor who met a half-alive medical school but diligently worked to ensure that all accreditation requirements by the Medical and Dental Council of Nigeria were met by the university, and has presented all 90 pioneer MBBS students both for MDCN induction and award of UNIOSUN degrees.

“This is a vice-chancellor who massively expanded the university’s academic landscape, thus increasing the student population from 14,260 in 2022 to 42,791 in 2026.

“This is a vice-chancellor who worked very closely with the great family of Apostle Folorunso Alakija to ensure the completion and commissioning of the 250-bed state-of-the-art Modupe and Folorunso Alakija Medical Research and Training Hospital.

“The hospital has since started full operation. In terms of global impact and visibility, for the first time in 11 years, UNIOSUN emerged as the third-best state university in Nigeria, 19th out of 312 universities in Nigeria, and 137th out of 2,390 universities in Africa,” he posited.

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He urged staff and management to join hands with the governing board to continue to take the university to greater heights.

He restated the readiness of his administration towards providing maximum support for improved university governance and service delivery.

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