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Alleged N1.96bn fraud: Banker, director testify against ex-acting AGF
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The Federal High Court sitting in Abuja, on Friday, heard how a former Acting Accountant-General of the Federation, AGF, Mr. Anamekwe Nwabuoku, used four different companies to siphon public funds to the tune of about N1.96billion.
A Director in the Federal Civil Service, Mr. Felix Nweke, made the revelation when he testified as a witness in the amended nine-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the erstwhile Acting AGF.
Nweke, who mounted the box as the second prosecution witness, PW-2, told the court that in a bid to conceal the fraud, the looted funds were channelled into bank accounts that had one Gideon Joseph as the sole signatory.
Led in evidence by EFCC’s lawyer, Mr. Ekele Iheanacho, SAN, the witness, while tracing the origin of the fraud, told the court that he worked under the defendant while he served as a Deputy Director in the Defence Ministry.
According to the witness who disclosed that he was the Deputy Director in charge of the Ministry’s expenditure, between 2018 and 2020, part of his functions included the preparation of schedule of inflows and outflows that were due to the Army, Navy and the Air Force.
Nweke said in 2018 when the ex-Acting AGF was posted to the Ministry, he (Nwabuoku) told him that there was the need to make funds available to facilitate some critical stakeholders, the National Assembly and the Federal Ministry of Finance.
He said the defendant, who insisted that they must be creative, suggested that they should get some companies they could use to pull out funds.
He said it was at that point that they contacted Mr. Joseph who was always coming to the ministry with his brother to make supplies.
Continuing, the PW-2, said though Joseph was initially begging him for contracts, he was persuaded to shelve the idea as the issue of contract award was not within his purview.
He told the court that when he informed the defendant about Joseph, he advised that they could enlist him.
“I then took Gideon to Eucharia Ezeodi, who has been coming to the Ministry for business. I also assisted him to open account with Zenith Bank.”
The PW-2 said their contact in the bank assisted them to open four accounts with Joseph as the signatory.
He said they usually raise money either in naira or foreign currencies, adding that the money would then be handed over to the defendant, either directly or through a proxy.
“Sometimes, the director will also ask me to do some transfers to private persons.”
Nweke added that some of the funds they generated were often used to take care of welfare packages for the military since there was no provision for such.
When EFCC’s lawyer asked the witness how funds were paid into the accounts, he said “from the internal security operations account of the military.”
When he was asked who paid the money into the internal security operations account, the witness said, “it is from the ministry’s account that payments were made.”
The witness mentioned about five names from the bank documents who were workers in the Ministry of Defence.
He alleged that funds were also transferred into bank accounts of staff members and withdrawals made afterwards and paid back into accounts of the four companies.
Earlier in her testimony, an official of Zenith Bank Plc, Eucharia Ezeodi, admitted that she knew the defendant while he was a Director in the Federal Ministry of Defence.
The witness told the court that sometime in 2019, she met the defendant who was a Director of Finance and Account at the Federal Ministry of Defence, through the first witness.
She said the EFCC invited her in 2022 in respect of corporate accounts opened for the four companies that were allegedly used by the defendant to move funds out of the coffers of the ministry.
The banker went ahead to list the said companies as: Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge Limited and Arafura Transnational Afro Limited.
She confirmed that accounts of the companies had Mr. Joseph as the sole signatory.
The witness identified bank documents, including statements of account for the four companies, account opening packages, the Corporate Affairs Commission (CAC)’s documents and also her signature on the documents.
While being cross-examined by counsel to the defendant, Mr. Isidore Udenko, the witness said she had no personal relationship with the ex-AGF, except on bank transactions.
When she was asked if the defendant’s name reflected in any of the transactions, the witness replied that a director must not necessarily be a signatory to a company’s account.
She, however, said that a signatory to an account must bring his Identity Card, a Bank Verification Number (BVN), passport photograph, among others, which she said Joseph did.
Ezeodi said the nature of transactions in the account statements was simply deposit and withdrawal, adding that Joseph did all the withdrawals, although the defendant was the alleged beneficiary.
Justice James Omotosho adjourned further hearing in the matter till February 26 and March 5.
It will be recalled that Nwabuoku was in May 2022, appointed to temporarily take charge of the Office of the Accountant General of the Federation (OAGF), after the then AGF, Ahmed Idris, was suspended from office and eventually placed on trial for allegedly laundering public funds totalling about N80.2billion.
EFCC later maintained that the Acting AGF, Nwabuoku, had before his appointment, also dipped his hands into the till.
Investigations into the allegation led to his removal from the office in July 2022, few weeks after he was appointed.
Though Nweke was initially listed as the 2nd defendant, his name was subsequently removed after he agreed to testify against the former Acting AGF.
In the amended charge marked: FHC/ABJ/CR/240/24, the EFCC alleged that Nwabuoku committed an offence that was contrary to Section 18 of the Money Laundering Prohibition Act, 2011, as amended by Act No. 1 of 2012, and punishable under Section 15(3) of the same Act.
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Ekiti Court sentences 47-yr-old cleric to life imprisonment for defiling 13-yr-old girl
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By Kayode Sanni-Arewa
An Ekiti State High Court, Ado Ekiti Division, on Monday sentenced a 47-year-old cleric, Prophet Adeleye Akingbaso, to life imprisonment for defilng a 13 years old girl.
The convict was arraigned in September 2022 on a two-count charge bordering on rape and coercion.
The charge read, “The Prophet, sometime in July 2022, at Ado-Ekiti, did rape a 13-year-old girl. Also, in July 2021, Prophet Adeleye coerced the victim to engage in a sexual act to the detriment of her physical and psychological well-being.
“The offences are contrary to Section 31(2) of the Child’s Rights Law, Cap. C7, Laws of Ekiti State, 2012 and Section 4 of the Ekiti State Gender-Based Violence (Prohibition) Law, No.18 of 2019,” the charge stated.
In her testimony before the court, the victim, who described the cleric as a friend to her mother and was sleeping over in their house, said that the man committed the act one night when her mother was on night duty.
She said, “He woke me up at midnight and said I bedwetted, which was strange to me. He brought out a bottle of shea butter and rubbed it on my vagina; that was all I knew. I later discovered I had been raped that night. He threatened me that he would curse me and I would die if I told anybody.
“He came to our house again on the following day when my mother was not around. I was in the kitchen, and he told me he wanted to complete what he started the previous night. He attempted to rough-handle me, but I escaped and shouted for help, following which our neighbours came to my rescue. They called and informed my mother of the incident. She came home and later reported the case to the police”, the victim said.
To proof his case, the prosecutor, Taiwo Ariyo, called four witnesses and tendered the statement of the victim and medical report as exhibits, while the defendant, who spoke in his own defence through his lawyer, Adelanke Akinrata, called no witness.
In the court judgment, Justice Blessing Ajileye found the cleric guilty on the two counts.
Ajikeye said, “In conclusion, this court has found the defendant guilty on the two-count charge of rape and coercion and convicted him accordingly. This will serve as a deterrent to others in the class of the defendant who has not been caught up by the nemesis of law.
“On count one (rape), the defendant is sentenced to life imprisonment and on count two (coercion), the defendant is sentenced to three years imprisonment. Justice Ajileye pronounced that both terms are to run concurrently.
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Oba Akamo denies conferring king of street title on Portable
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By Kayode Sanni-Arewa
The Olu of Itori, Oba Abdulfatai Akamo, on Monday, denied that he never conferred a chieftaincy title of ‘King of Street’ on controversial singer, Habeeb Okikiola Olalomi ‘portable’.
The monarch in a statement made available to newsmen by his Directorate of Media and Public Affairs, titled ‘Setting the records straight’ said the story was untrue, denying any close relationship with Singer Portable.
He explained that ‘Portable’ was named ‘King of the streets’ by Farmers Association in Ore, Ondo, sometimes in 2024, saying he would never desecrate the rich culture and heritage of the Yoruba tradition.
Oba Akamo said ‘Portable’ adorned himself with the costume to the grand finale of his 21st coronation anniversary as a guest.
He therefore urged his colleague, the Eselu of Eselu, Oba Akinyemi Akintunde, to retract the statement as contained in the open letter.
Oba Akamo wondered why Eselu refused to cross check the facts from him before writing such an unsolicited open letter.
The statement read thus; “The attention of the Palace of the Olu of Itori Egbaland has been drawn to an open letter originating from the Eselu of Iselu, Oba Akintunde Akinyemi alleging the Olu of Itori Egbaland, His Royal Majesty, Oba Abdulfatai Akorede Akamo of purportedly installing Portable as King of street.
“This allegation in its entirety is unfounded, baseless and incorrect as Olu of Itori has been on the exalted throne of his forebears for more than 21 years and would not be involved in any act that can desecrate the rich culture and heritage of the Yoruba tradition.
“For the avoidance of doubt, the controversial singer Portable was named King of Street by Farmers Association in Ore, Ondo state, sometime in December 2024. The event, which was widely circulated in the print media, stirred controversy on social media. Check the punch newspaper of 7,December 2024. The controversial investiture of the singer was published in the paper.
The controversial singer even posted it on his verified social media accounts.
“During the just concluded 21st coronation Anniversary of the Olu of Itori which took place at Olu of Itori’s Palace on 28, February 2025, the controversial singer was dressed in the costumes to the event as a guest. He was invited by the official photographer to the Palace.
“On his arrival, he was requested to remove the costumes as it is a desecration of the rich culture and heritage of the Yoruba race. The singer immediately removed the costumes before entering into the event where the occasion took place.
“As a matter of fact, the controversial singer was brought forward to pay homage to Olu of Itori without the costumes, and he did not appear in those costumes throughout his stay at the event.
“It is important to set the records straight as the Olu of Itori can not be a party to distortion of the rich culture and tradition of the Yoruba race.
“We implore the Eselu of Iselu, Oba Akintunde Akinyemi, to retract the statement and put the accurate account of details into the public without further delays as he could have verified with the Olu of Itori personally as a colleague before writing this unsolicited open letter.
“This is the honorable path to follow as we would not like to dwell further on this matter.”
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After Dangote’s price slash, NNPC Ltd follows suit reduces petrol price
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By Kayode Sanni-Arewa
Some retail outlets belonging to the Nigerian National Petroleum Company Limited have adjusted the petrol pump price to N860 per litre.
It was observed that while there is no official communication from the NNPCL Retail yet, some stations in Lagos adjusted their pumps to N860 per litre, down from N945 as of Sunday.
This comes a few days after the Dangote Refinery reduced its ex-depot petrol price from N890 to N825 per litre.
NNPC spokesperson, Olufemi Soneye, did not respond to calls or messages regarding the development.
However, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, confirmed the development to PUNCH Online.
“It is true, NNPC is selling petrol at N860 in the filling stations. Though this has not been reflected on the portal, they told me they are working on updating the portal,” the IPMAN leader said.
Also, the National President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, said, “They reduced the pump price earlier this morning but I’m yet to get the details.”
The Dangote Refinery announced a price cut last week Wednesday, setting another price regime for the petrol market in Nigeria
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