Fraud: Court slams seven years imprisonment on Senator Peter Nwaoboshi - Newstrends
Connect with us

News

Fraud: Court slams seven years imprisonment on Senator Peter Nwaoboshi

Published

on

Senator Peter Nwaoboshi, (Delta North Senatorial District)

The Lagos Division of the Court of Appeal has convicted and sentenced Senator Peter Nwaoboshi, (Delta North Senatorial District) to seven years imprisonment

The court ordered that his two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, be wound up in line with the provisions of Section 22 of the Money Laundering Prohibition Act 2021.

The Appellate Court’s ruling followed the success of the appeal by challenging the judgment of Justice Chukwujekwu Aneke of the Federal High Court which on June 18, 2021 2018 discharged and acquitted the defendants of a two count charge of fraud and money laundering.

EFCC had arraigned the three defendants over the acquisition of a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million.

Part of the money paid to the vendor, precisely was a sum of N322 million transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd, was alleged to be part of the proceeds of fraud.

READ ALSO:

In his judgment Friday, Justice Aneke held that the prosecution failed to call vital witnesses and tender concrete evidence to prove the elements of the offences for which it charged the defendants.

Justice Aneke said the evidence of PW2 “proved that the third defendant obtained a loan of N1.2 billion from Zenith Bank for purchase of additional equipment and as the provision of working capital.

“It also proved that the loan of N1.2 billion together with interest of N24 million was properly granted to the third. Nothing else was proved by the complainant or prosecutor in this case,” the judge said.

He claimed a fatal blow was dealt the case of the prosecution by its failure to call officials of Sterling Bank “to testify and probably tender exhibits F and F10”.

Consequently, he discharged and acquitted the defendants.

However, ruling on the EFCC’s appeal today, the Court of Appeal held that the trial judge erred in dismissing the charges against the respondents. It said the prosecution had proved the ingredients of the offence and consequently found the defendants guilty as charged. The Guardian/EAGLE

Loading

News

Ex-CSU Lecturer Reopens Tinubu’s Certificate Controversy, Says President Never Attended University

Published

on

I Wanted to Disgrace Tinubu — Omokri Reveals What He Discovered at Chicago Varsity

Ex-CSU Lecturer Reopens Tinubu’s Certificate Controversy, Says President Never Attended University

A fresh controversy has emerged over President Bola Ahmed Tinubu’s educational background after a former lecturer at Chicago State University (CSU), Dr Adetokunbo Pearse, claimed that the Nigerian leader never attended the American institution.

Pearse made the allegation during an interview on News Central Television on Sunday, November 8, 2026, insisting that he had personal knowledge of the university’s academic programme and Tinubu’s alleged attendance.

The former lecturer, who said he worked at Chicago State University between 1985 and 1990, claimed he was the director of the programme Tinubu reportedly attended.

According to him, he was familiar with the institution’s records and maintained that the President never enrolled there.

“The fact of the matter is, I know he never attended Chicago State University. He knows that I know. So the man (Mr Tinubu) has no integrity,” Pearse said.

He also questioned the educational institutions Tinubu listed in documents submitted to the Independent National Electoral Commission (INEC), arguing that the President had identified schools he allegedly never attended.

Pearse further claimed that he was approached in 1999 by individuals seeking information about Tinubu’s academic records when the late Funsho Williams was reportedly making inquiries into the matter.

The allegation has reopened public debate over Tinubu’s educational qualifications, which generated considerable controversy during the 2023 presidential election and subsequent legal proceedings.

However, Pearse’s assertion contradicts Chicago State University’s official position. In September 2023, the institution confirmed that Tinubu attended the university and graduated in 1979 with a bachelor’s degree.

The university subsequently released academic records following legal proceedings initiated in the United States by former Vice-President Atiku Abubakar.

The records indicated that Tinubu attended the institution between August 1977 and June 1979 and was awarded a Bachelor of Science degree in Business Administration.

Although questions were raised during the legal proceedings about the authenticity of the particular diploma submitted to INEC, Chicago State University maintained that its records confirmed Tinubu’s attendance and graduation.

Pearse’s latest comments therefore introduce a fresh personal challenge to the university’s previously stated position, although his assertion does not, on its own, invalidate the institution’s official records.

As of the time of filing this report, the Presidency had yet to publicly respond to the latest allegations, according to reports on the interview.

The renewed controversy is likely to attract further political attention as Nigerians continue to debate questions surrounding transparency, public accountability and the President’s educational background.

 

Ex-CSU Lecturer Reopens Tinubu’s Certificate Controversy, Says President Never Attended University

Loading

Continue Reading

News

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

Published

on

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

One person has been killed and five others injured following a violent clash that disrupted a political procession organised by supporters of the Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, and his running mate, Rabiu Kwankwaso, in Asaba, Delta State.

The incident occurred at about 12:15 p.m. on Saturday, November 7, 2026, along Nnebisi Road, during a one-million-man march organised by supporters of the Obi-Kwankwaso Movement.

The Delta State Police Command confirmed the casualties, disclosing that the identities of the deceased and injured persons had yet to be established as investigations commenced.

In a statement issued by the Police Public Relations Officer, SP Bright Edafe, the command said it had received intelligence indicating the possibility of violence ahead of the procession.

According to the police, organisers of the rally were invited to a security meeting, where they were briefed about the identified threats and advised against holding an open-road procession.

The command said the organisers were encouraged to conduct their political activities at a designated venue where adequate security arrangements could be provided.

However, the police alleged that the organisers ignored the advice and proceeded with the procession.

READ ALSO:

Following a distress call, police operatives were deployed to the scene and evacuated the injured victims to hospital for medical attention.

Security was subsequently reinforced in the affected area to prevent further breakdown of law and order.

The police said investigations were ongoing to establish the circumstances surrounding the violence and identify those responsible.

Commissioner of Police, Samuel Erale, condemned the incident and reiterated that political parties were free to conduct lawful campaigns and other political activities across the state.

He, however, urged political parties and their supporters to avoid road processions in the interest of public safety and liaise with the police ahead of political gatherings to facilitate adequate security arrangements.

The command also appealed to members of the public with useful information about the incident to contact the police through 09155570008 or 09155570007.

Meanwhile, the NDC has accused the ruling All Progressives Congress (APC) of being behind the attack, alleging that the incident was an attempt to intimidate opposition supporters and disrupt its political activities.

Former Speaker of the Delta State House of Assembly and NDC senatorial candidate for Delta North, Victor Ochei, called on Governor Sheriff Oborevwori to order an immediate investigation and ensure that those responsible were arrested and prosecuted.

Ochei alleged that more than 30 campaign buses were destroyed during the attack, accusing suspected attackers of being mobilised by individuals allegedly connected to the ruling party.

However, Delta APC spokesperson, Valentine Onojeghghuo, dismissed the allegation, insisting that the NDC had provided no evidence linking APC members to the incident.

He described the accusation as baseless and urged the opposition party to embrace peaceful political engagement.

The Delta State Coordinator of the Obi-Kwankwaso Movement, Favour Emerue, also alleged that the gathering was peaceful before suspected hoodlums disrupted the procession, leaving some participants injured.

In a separate reaction, Peter Obi condemned the reported attacks on his supporters and NDC members in Delta State, calling on the state government and security agencies to investigate the incidents and bring those responsible to justice.

The latest violence has renewed concerns about the safety of political activities ahead of the 2027 general elections.

The police have assured residents that a thorough and impartial investigation will be conducted to establish the circumstances surrounding the clash and ensure that anyone found culpable faces the law.

One Killed, Five Injured as Violence Disrupts Obi-Kwankwaso Rally in Delta

Loading

Continue Reading

News

Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

Published

on

FG Targets 24-Hour Electricity in Lagos, Abuja, Kano, Others

Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

ABUJA – Minister of Power, Joseph Tegbe, has assured Nigerians that electricity supply will begin to improve within the next 48 to 72 hours as the Federal Government intensifies efforts to address the challenges responsible for the recent power outages across parts of the country.

Tegbe gave the assurance in an update on the country’s power situation amid growing complaints from electricity consumers over prolonged blackouts, particularly in Lagos and the Federal Capital Territory.

The minister attributed the worsening electricity supply to a combination of planned maintenance at Egbin Power Station, inadequate gas supply to some thermal power plants and sabotage of critical transmission lines.

According to him, the challenges have reduced the volume of electricity available on the national grid, forcing grid operators to implement load shedding in some areas to manage the shortfall.

He explained that maintenance activities at Egbin Power Station, one of Nigeria’s major electricity-generating facilities, had contributed significantly to the reduction in power generation.

The minister also identified gas supply constraints affecting some thermal power stations as another factor responsible for the decline in electricity generation.

READ ALSO:

Tegbe further alleged that sabotage of key transmission lines had restricted the use of alternative routes for supplying electricity to some locations, particularly Lagos.

He said the Federal Government was working with relevant operators to address the challenges and restore the affected generating units in phases.

“My team and I are working to return the affected generating units to service in phases, with the first units coming back online within the next 48 to 72 hours.

“We are also working with operators to improve gas supply and accelerate repairs to the damaged infrastructure,” he said.

The minister acknowledged the hardship caused by the outages, noting that the disruptions had placed considerable pressure on households and businesses in the affected states.

He apologised to electricity consumers experiencing the interruptions and thanked them for their patience, promising to provide further updates as efforts to restore supply progress.

The latest assurance follows growing public complaints over worsening electricity supply, with residents and businesses in several locations struggling to cope with prolonged outages.

The power crisis has also triggered disagreements between the Transmission Company of Nigeria (TCN) and Ikeja Electric over the causes of recent supply interruptions.

While Ikeja Electric had cited grid instability in explaining its inability to meet electricity supply obligations to some Band A customers, TCN disputed the explanation, attributing the decline largely to inadequate gas supply and reduced electricity generation.

Tegbe had earlier directed TCN, the Nigerian Independent System Operator (NISO) and electricity distribution companies (DisCos) to address operational challenges contributing to the decline in power supply.

Nigerians will now be watching closely to see whether the promised improvement materialises within the 48-to-72-hour timeframe.

Power Outage: Tegbe Gives Nigerians 72-Hour Timeline as FG Moves to Restore Electricity

Loading

Continue Reading

Trending