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Former Acting AGF Admits Release Of Funds For To Private Companies In The Alleged N868.4m Fraud

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Kwara Ex-Governor Ahmed

Former Acting AGF Admits Release Of Funds For To Private Companies In The Alleged N868.4m Fraud

Former acting AGF admits release of funds for to private companies in the alleged N868.4m fraud. A former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku on Tuesday, February 10, 2026 admitted before Justice James Omotosho of the Federal High Court sitting in Abuja, that he confessed in his statements at the Independent Corrupt Practices and Other Related Offences Commission, ICPC, that funds were transferred to four companies from the Ministry of Defence, where he was formerly the Director of Finance for what he described simply as “classified purposes.”

This admission sharply contradicts his testimony in the previous proceeding in the court where he disputed allegations linking him with any dealings with the said companies, namely, Temeeo Synergy Concept Limited, Turge Global Investment Limited, Laptev Bridge and Arafura Transnational Afro Limited. He had then claimed that he only heard about the companies as they were mentioned in court.

Under cross examination by prosecution counsel, Ekele Iheanacho, SAN, on Tuesday, the defendant was shown his statement in ICPC, dated February 2, 2025, where he admitted in writing that funds were transferred to the four companies from the Ministry of Defence, under him as the Director of Finance for classified security purposes which are not to be disclosed.

Kwara Ex-Governor Ahmed

Fraud

Further in the cross-examination, the prosecution counsel maintained in his submission that evidence before the court showed that the funds paid to these four companies by the Ministry of Defence were not for lawful transactions as there is no proof whatsoever to show that they were used for security purposes.

While claiming that he bought the property he lives in, directly by himself and from legitimate earnings, the defendant/witness curiously identified in the same breath a cheque of N64 million issued by a company, Mdavi Limited in favour of City Gate Homes for the acquisition of the residence.

The Economic and Financial Crimes Commission, EFCC, is prosecuting Nwabuoku on amended nine-count charge, bordering on money laundering to the tune of N868, 465,000 (Eight Hundred and Sixty-eight Million, Four Hundred and Sixty-five Thousand Naira)

Justice Omotosho adjourned the matter till February 27, 2026 for adoption of written addresses.

Crime

Navy Uncovers 182,000 Litres of Suspected Stolen Crude Oil in Rivers Community

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Navy

Navy Uncovers 182,000 Litres of Suspected Stolen Crude Oil in Rivers Community

The Nigerian Navy has uncovered approximately 182,000 litres of substance suspected to be stolen crude oil in Bethel Creeks, Rivers State, in another major disruption of illicit crude oil storage and transfer activities within the area.
Eereporter.com

The discovery was made by FOB BONNY on 22 September 2026 during a follow-up operation based on actionable information concerning suspicious activities around the creeks. The operation uncovered 8 dugout pits, 5 of which contained the suspected stolen crude oil, while 3 were empty. Hoses associated with the movement of crude oil were also discovered and subsequently handled in accordance with established procedures.

The latest discovery comes barely two weeks after FOB BONNY uncovered approximately 87,000 litres of suspected stolen crude oil at 4 newly activated illegal refining sites around Aworkiri on 8 September 2026. The earlier operation also exposed 19 dugout pits and associated infrastructure, indicating attempts to establish facilities for the storage and handling of stolen crude oil.

The successive discoveries highlight the Nigerian Navy’s expanding focus on denying criminal operators the storage and transfer infrastructure required to sustain crude oil theft, rather than allowing illicit activities to become re-established after previous disruptions.

Navy

Navy

The latest operation further constrains the availability of crude oil and supporting infrastructure for illegal exploitation within the area.

ABIODUN FOLORUNSHO

Navy Captain Director Naval Information Nigerian Navy
Eereporter.com

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UniCal Suspends Nine Students for One Academic Session Over Examination Misconduct

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Tinubu Inaugurates 6 Projects At UNICAL

UniCal Suspends Nine Students for One Academic Session Over Examination Misconduct

The Senate of the University of Calabar has suspended nine students for one academic session over their involvement in examination misconduct.
Eereporter.com

According to a statement by the university’s Public Relations Unit, made available to newsmen in Calabar on Monday, the suspension was conveyed to the affected students in letters signed by the Registrar, Dr Chukwuka Icha.

The action, the university said, followed the approval of the Senate based on recommendations by its Examination Misconduct Committee.

“The affected students have been suspended for the 2026/2027 academic session and are expected to resume their studies in the 2027/2028 academic session.

Tinubu Inaugurates 6 Projects At UNICAL

UniCal

“Five of the affected students are from the Department of Theatre and Media Studies, Faculty of Arts.

The university directed the Acting Chief Security Officer, deans, heads of departments and other relevant units to take note of the suspension and ensure full compliance with the directive.
Eereporter.com

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Nigerian Police Arrest Suspect Over ₦3m Kidnap-and-kill Threat in Oyo

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Nigerian Police Arrest Suspect Over ₦3m Kidnap-and-kill Threat in Oyo

The Oyo State Police Command has arrested a suspect in connection with a kidnap-and-kill threat made against a 50-year-old resident of Seni Salla Village, Saki, and members of his family.
Eereporter.com

The Command said the arrest followed a report received by the police and a subsequent intelligence-led intervention.

This was contained in a statement signed by the Police Public Relations Officer, DSP Ayanlade Olayinka, and issued on Monday.

According to the statement, the case was brought to the attention of the police on September 19, 2026, at about 6:20pm when the complainant, Metu Jilani, reported that he had received threatening telephone calls from unknown persons on September 13.

“According to him, the callers claimed that they had been contracted to kidnap and kill him and his family, while warning that any attempt to flee would result in the abduction of his younger brother,” the statement said.

The police said that after establishing the nature of the threat, the callers proceeded to make a financial demand.

“To facilitate the payment, they provided him with an account belonging to a Point-of-Sale operator, one Muhydeen Salihu of Gwasoro Village, via Kosubosu, Baruten Local Government Area of Kwara State, and directed him to pay the sum of ₦3 million into the account,” the statement said.

According to the Command, the complainant transferred ₦100,000 into the designated account instead of the full amount demanded.

“The transaction subsequently provided an investigative lead, as attention was focused on the persons who would attempt to access the money and their possible connection to the threats,” it said.

“While attempting to collect the funds, Abdullahi was apprehended, whereas Liman escaped from the scene,” the statement said.

The Command said that following the arrest, the suspect was attacked by an angry mob before police operatives intervened.

“Following the arrest, the suspect was attacked by an angry mob before Police operatives intervened and took him to the Hospital, for medical attention,” the statement said.

“He is currently on admission, while concerted efforts are ongoing to apprehend his fleeing accomplice and determine the full circumstances surrounding the threat, including the identities and roles of other persons who may be connected with the case,” it added.

The Commissioner of Police, Oyo State Command, CP Abimbola Ayodeji Olugbenga, psc, mnips, has directed a thorough investigation into the matter and ordered sustained efforts to apprehend all persons found to be connected with the offence, according to the statement.

Police

Police

The Command further urged members of the public to promptly report threats, suspicious movements and other actionable information to the police.

“Timely reporting remains critical to enabling effective intervention and preventing criminal activities,” the statement concluded.
Eereporter.com

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