Ex-military chief purchased assets with N4bn stolen fund- ICPC - Newstrends
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Ex-military chief purchased assets with N4bn stolen fund- ICPC

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Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owasanoye

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owasanoye, has revealed that an ex-military chief stole the sum of N4bn from military budget and deposited it into the accounts of two companies where he is the beneficial owner and sole signatory.

He further stated that the proceeds from the loot were used to purchase properties in Abuja in the names of cronies and proxies of the military chief, and some of the properties paid for by his service were also fraudulently converted to his use.

Owasanoye made this known on Friday during an event tagged, ‘National Policy Dialogue on Corruption and Insecurity in Nigeria’, held at the ICPC headquarters in Abuja.

He noted that research and investigations by the National Security Agency and the ICPC on the issue of insecurity had shown that public sector corruption directly and indirectly enabled insecurity and could sometimes complement it.

He said, “Some former military and security personnel are being investigated by the ICPC and our sister agency (the Economic and Financial Crimes Commission) for embezzlement of funds allocated to security.

“For example, a former head of one of the arms of the military, in the twilight of his tenure, deposited the sum of N4bn from military budget into the accounts of two companies where he is the beneficial owner and sole signatory.

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“The proceeds were used to purchase properties in Abuja in the names of cronies and proxies. Some of the properties paid for by his service were also fraudulently converted to his use.

“ICPC’s prosecution of this high ranking officer to recover all the implicated assets was strangely and perversely frustrated by a recently retired High Court judge who decided to forfeit some of the assets to FGN and the rest left to the suspect.

“While the commission has filed a notice of appeal, this strange development aggravates an already bad situation and escalates insecurity and impunity.”

He noted that cases of job racketeering abound in the security sector, disclosing that many of them were under investigation by the ICPC.

Owasanoye said corruption was a major contributory factor to the continued existence and propagation of insecurity in the country.

The ICPC boss lamented Nigeria’s worsening insecurity challenges, noting that the resulting impact on her economy and image had continued to be cause of concern to Nigerians, including the leaders in the three arms of government and anti-corruption practitioners.

He said, “Another case under investigation is theft of part of special intervention fund approved for security operations by some civil servants in the line ministry who transferred about N1bn to four Shell companies.

“A special investigative team under the leadership of NSA and ICPC recovered some of the diverted assets, including state of the art building located in Abuja and over N220m cash. Investigation on this matter is still ongoing.

“In fact, a clinical diagnosis of the insecurity menace in the country reveals that to effectively combat insecurity, we require the collaborative efforts of security agencies (the military, intelligence, police, customs, Prisons, others), as well as law enforcement and anti-corruption agencies.

“There are also ongoing investigations into military contracts spending. Recently, ICPC arrested a military contractor that received over a period of less than 10 years cumulative sum of about N6bn from the Nigerian Army in suspicious circumstances and in violation of extant legislation.

“The commission’s recovery of huge cash sums in local and foreign currencies, luxury cars, customised mobile phones, designer watches, including three Rolexes, as well as property documents from the premises of the contractor, underscore the corruption that often attend military procurement.”

Security improving – Lawan

Meanwhile, the Senate President, Ahmed Lawan, on Friday said the marching order given by President Buhari to security agencies to flush out terrorists by December is yielding results.

Lawan said the security situation in the country had improved.

The Senate President added that legislators had continued to support the effort of the government to tackle insecurity in the country, as the National Assembly had ensured that the appropriation for defence and security was strengthened year on year.

“(The) security situation in the country has improved in the last one month. Only recently, the President gave a marching order to the Armed Forces to extinguish bandits, kidnappers and other criminal agents that are against the state and her citizens, by December 2022. This administration is committed to achieving this set target.

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School Bus Driver Turns Kidnapper, Collects ₦503,000 Ransom, Rapes 14-Year-Old Delta Student

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Delta Police Arrest Minor, Five Others Over Alleged Illicit Drug Sales
Delta State Police Public Relations Officer, Bright Edafe

School Bus Driver Turns Kidnapper, Collects ₦503,000 Ransom, Rapes 14-Year-Old Delta Student

 

SAPELE, DELTA STATE — The Delta State Police Command has arrested a 28-year-old school bus driver, Onome Lucky Ughagha, for the horrific kidnapping and sexual assault of a 14-year-old female student in Sapele, after extorting a ransom from her desperate father.

 

According to a statement by the Command’s Public Relations Officer, SP Bright Edafe, the nightmare unfolded on October 20, 2026, when the victim’s father reported that his daughter was abducted while preparing for school .

 

Police investigations revealed that Ughagha, who was entrusted with the safety of the minor, contacted the father and demanded a ransom of ₦503,000, threatening to kill the girl if the money was not paid . Following the payment, the suspect allegedly abandoned the traumatized teenager along Oton Road in Sapele, where she was reunited with her family .

 

Medical examinations later indicated that the minor had been sexually assaulted . The suspect had abandoned the school bus and fled the scene, prompting an intense manhunt by operatives of the Sapele Area Command .

 

Acting on credible intelligence, police traced Ughagha to his hideout in the Ajimele area of Sapele, where he was arrested on October 23, 2026 . During preliminary interrogation, the suspect reportedly confessed to his involvement in the crime .

 

The school’s principal and vice-principal have been invited for questioning as investigations continue . Ughagha is currently being transferred to the State Criminal Investigation Department (SCID) in Asaba for further investigation .

 

Delta State Commissioner of Police, Samuel Erale, condemned the incident, reaffirming the command’s commitment to protecting children from violence and exploitation . He assured the public that the investigation would be thorough and urged school authorities and transport operators to exercise greater vigilance in safeguarding children .

 

 

School Bus Driver Turns Kidnapper, Collects ₦503,000 Ransom, Rapes 14-Year-Old Delta Student

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Massacre in Taraba: Death Toll Soars to 48 as Fleeing Villagers Drown in Desperate Escape

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Massacre in Taraba: Death Toll Soars to 48 as Fleeing Villagers Drown in Desperate Escape

 

JALINGO, Taraba State — A horrific wave of bloodletting has swept through Binnari village in Taraba State, leaving at least 48 people dead in its wake, police confirmed on Sunday. The grim discovery followed a terrifying four-hour rampage by gunmen that forced panicked residents into a nearby river, where dozens drowned in a desperate bid to escape the slaughter.

 

The death toll has continued to climb as search parties comb through the surrounding bushes and riverbanks, with rights group Amnesty International warning that as many as 52 people may have been killed in the attack on the Karim Lamido area community.

 

According to the Taraba State Police Command, the nightmare unfolded shortly after midday prayers on Friday when a heavily armed gang swooped into the remote village. The assailants—reportedly riding a convoy of about 50 motorcycles—unleashed terror, looting shops and setting homes ablaze during an orgy of violence that lasted up to four hours.

 

Taraba State Police spokesperson, Assistant Superintendent Victor Mshelizah, confirmed the escalating toll on Sunday. He revealed that while the initial recovery yielded 10 bodies bearing gunshot wounds, the weekend search uncovered a far more macabre scene. Mshelizah stated that several victims, including women and children, had drowned in a nearby river while frantically trying to outrun the attackers, while others were found executed in the surrounding undergrowth.

 

“The attackers were very familiar with the terrain, which made immediate pursuit difficult,” Mshelizah said, noting that police were only able to disperse the gunmen after they had already fled the scene.

 

However, the official police account conflicts sharply with the chilling testimonies of survivors and the findings of human rights organizations. Amnesty International’s Nigeria director, Isa Sanusi, stated that the organization had independently verified 52 deaths, adding that 37 victims had already been hurriedly buried in a mass funeral by grieving families.

 

Community leader Malam Abubakar Saifullahi described the sheer scale of the assault, revealing that the bandits, traveling two per motorcycle, methodically looted shops for cash and foodstuffs before seizing the motorcycles abandoned by fleeing residents.

 

The most harrowing accounts come from those who survived the chaos. Resident Bashir Mamuda Musa provided a devastating timeline of the recovery effort: “On Friday, we found seven bodies after the bandits attacked our community. The following day, Saturday, we discovered another 43 bodies in the river, bringing the total to 50.”

 

Survivor Isiyaku Musa recounted the sheer panic that drove villagers toward the water. “People were running in different directions to escape the attack. Nobody knew where it was safe to go,” he said. The mass drowning occurred as dozens of terrified residents fled toward the river, only to be mercilessly pursued into the water by the advancing gunmen.

 

The brutal massacre has drawn fierce condemnation from rights groups, who accuse authorities of systemic failure. In a blistering post on X, Amnesty International stated: “The consistent failure of the authorities to bring the suspected perpetrators to justice is clearly emboldening impunity.”

 

The Binnari bloodbath underscores the worsening security crisis plaguing Nigeria’s rural heartlands. Criminal gangs—locally known as bandits—continue to operate with devastating impunity across regions bordering the northeast and central zones, leaving a trail of death, abduction, and destruction.

 

As security forces continue to comb the grim landscape, authorities have warned that the final death toll may rise even further once all missing persons are accounted for.

 

 

Massacre in Taraba: Death Toll Soars to 48 as Fleeing Villagers Drown in Desperate Escape

 

 

 

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Court Sentences POS Operator to Death for Role in Kidnap That Killed 83-Year-Old Man, Driver

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Justice Served: Two Men to Die by Hanging for Rape, Murder of Anambra Teenager

Court Sentences POS Operator to Death for Role in Kidnap That Killed 83-Year-Old Man, Driver

 

An Imo State High Court has sentenced a 28-year-old point-of-sale (POS) operator, Isaac Okorie, to death by hanging for his role in the kidnapping and murder of an 83-year-old man, Chief Alexander Chukwuma Okoli, and his driver, Daniel Sarki, despite the payment of ransom by the victims’ family.

 

Justice Matthew Ijezie, sitting at the High Court in Urualla, within the Orlu Judicial Division, delivered the judgment on Tuesday, October 20, 2026, after finding Okorie guilty on six counts bordering on armed robbery, hostage-taking and murder.

 

The court held that the prosecution had proved its case beyond reasonable doubt through the evidence presented during the trial.

 

According to the judgment, the incident occurred on October 14, 2023, at Isiekenesi in Ideato South Local Government Area of Imo State, when Okoli and his driver were abducted by members of an armed criminal gang.

 

The court heard that Okorie conspired with other members of the gang, who were armed with guns, to seize the two men and take them into a bush.

 

The kidnappers also reportedly stole Okoli’s gold-coloured Toyota Corolla, with registration number AAH 989 RM.

 

The gang subsequently demanded a ransom of ₦100 million from the victims’ family in exchange for their release.

 

However, the family eventually paid ₦2.515 million, but the payment did not secure the safe return of the two men.

 

According to the court’s account, the gang killed both victims despite receiving the money and later sent photographs of their lifeless bodies to the family.

 

The remains of Okoli and his driver had yet to be recovered as of the time the judgment was reported, leaving their family members without the opportunity to give them a proper burial.

 

During the trial, the court heard that police investigations identified Okorie’s role in the criminal operation as receiving ransom payments from the families of kidnapping victims.

 

The evidence linking him to the operation formed part of the prosecution’s case, which the court found sufficient to establish his guilt on all six counts.

 

Following the conviction, the court gave Okorie an opportunity to plead for leniency before sentencing, a procedure known as allocutus.

 

Okorie reportedly appealed to the court for mercy, but Justice Ijezie proceeded to sentence him to death by hanging.

 

Reacting to the judgment, Ikenna Obi, a senior state counsel with the Imo State Ministry of Justice who prosecuted the case, described the ruling as significant.

 

Obi said the judgment would provide some measure of relief to the victims’ family, despite the continuing uncertainty surrounding the whereabouts of their remains.

 

He expressed hope that the conviction would deter individuals involved in kidnapping, armed robbery and other violent crimes, while discouraging others from joining criminal gangs.

 

The prosecutor also commended the judge for delivering what he described as a well-considered judgment in accordance with the law.

 

Amanda, the daughter of one of the victims, also reportedly expressed relief that the court had punished the convict.

 

She, however, said the family remained deeply distressed by the failure to recover the bodies of her father and his driver.

 

Although the judgment offered the family some comfort, she expressed hope that security agencies would intensify efforts to locate the remains and arrest other suspects who were still at large.

 

The conviction marks a significant development in the case, which began with the abduction of the elderly man and his driver nearly three years before the judgment.

 

However, the family’s search for closure remains incomplete, as the recovery of the victims’ remains and the prosecution of any outstanding suspects remain unresolved.

 

 

Court Sentences POS Operator to Death for Role in Kidnap That Killed 83-Year-Old Man, Driver

 

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