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Another More Suspicious Fund Allegedly Found In CJN Onnoghen’s Account

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Eniola Olayemi

 

Detectives may have found more “suspicious” funds in Chief Justice of Nigeria (CJN) Walter Onnoghen’s accounts, The Nation has learnt.

There are also “suspicious” transactions, including an $800,000 Standard Chartered Bank investment subscription, sources said.

Also found is $630,000 lodged in some of the accounts through what is described as “structured payments” in tranches of $10,000 each.

Most of the lodgments, affected between 2012 and 2016, were undeclared in Justice Onnoghen’s assets declaration form, the sources claimed, pleading not to be named because of the “sensitivity” of the investigation.

The Nigerian Financial Intelligence Unit (NFIU) has restricted the operation of five accounts with about $3million

The accounts in the Standard Chartered Bank are USD No. 870001062650; Euro account No. 93001062686; Pound Sterling A/CNo. 285001062679; e-Saver Savings (Naira) account No. 5001062693; and a Naira A/C No. 0001062667.

Detectives believe that most of the lodgments and transactions are “suspicious”.

The Nation has stumbled on an intelligence report on the CJN’s accounts, which reads in part: “Pattern of structured payments of $10,000.00 each in 2012. For example, a total of $630,000.00 was credited to the accounts using this pattern.

”Similarly structured payments of $10,000.00 amounting to $297,800.00, $50,000.00 and $36,000.00 were deposited in the account in 2013, 2015 and 2016 respectively.

“There was also a credit of $121,116.00 into the account from 2014 to 2016 from Life Friend Plc. The payments were in four installments, of $30,279.00 each. These payments suggest the suspect has investments.

“A payment at $482,966.00 from Alicia Redemption Pro and shortly after, $800,000.00 was invested in SCB Investment subscription. We are in the process of verifying these transactions;

“Other suspicious transactions in the account are credit of $19,764.00 from Pur of Noble and seven (7) payments of $3,250.00, each amounting to $22,750.00 from Lloyds TSB.

On the pound sterling (GBP), the investigative team discovered “a self- transfer of £40,268.40 into the

Account on May 31 2016.”

“There were also self-deposits by the suspect of £49,760.00 from July 2015 to September, 2016

but  the balance as at September 30, 2016 was £108,348.00,” the report added.

Regarding the Naira account, the report said: “The following highlights some of the suspicious activities in the account: A transfer of N41, 262.000.00 ($260,000) was made from the dollar account. The money was used to make payment of N41million to Ad hoc Committee on the Sale of Federal Government Houses, suggesting that he bought a property with proceeds of the transfer;

“The only other significant transactions in the accounts are six (6) structured cash payments of N500,000.00 each and one payment of N700,000.00 amounting to N3.7mlllion from November, 2013 to August, 2016.

All the transactions, sources said, are being investigated whether or not they violated the “Revised Code of Conduct for Judicial Officers of the Federal Republic of Nigeria” which was put in place by the National Judicial Council.

Sections 7 and 13(4and5) of the Code of Conduct deal with financial interests.

Section  7 reads: “7.1 A Judge shall inform himself or herself about his or her personal and fiduciary financial interests and shall make reasonable efforts to be informed about the financial interests of members of the Judge’s family in respect of matters for adjudication before him.

“7.2 If it appears in respect of a matter before him or her, that the Judge, or a member of the Judge’s family or other person in respect of which the Judge is in a fiduciary relationship, is likely to benefit financially, the Judge has no alternative but to withdraw from the case.

“7.3 For the purpose of this rule, “Financial interest” includes ownership of a legal or equitable interest, however small, or a relationship as director, advisor, or other active participants in the affairs of an institution or organization. The following are not to be regarded as financial interests:

  1. The proprietary interest of a policy holder in a mutual insurance company, unless the outcome of any proceeding could substantially affect the value of the interest.
  2. Ownership of government securities unless if the outcome of any proceeding could substantially affect the value of the security.

“For the purpose of the Rules contained in this Code –

(a) “Fiduciary” includes such relationships as executor, administrator, trustee and guardian;

(b) “financial interest” means ownership in a substantial manner of a legal or equitable interest, or a relationship as director, adviser or other active participation in the affairs of a party except that:

(i) ownership in a mutual or common investment fund which holds securities, unless the Judicial Officer participates in the management of the fund;

(ii) an officer in an educational, religious, charitable or civil organization is not a “financial interest” in securities held by the organization;

(iii) the proprietary interest of a policy holder in a mutual savings’ society or similar proprietary interest, is a “financial interest” in the organization only if the outcome of the proceedings could substantially affect the value of the interest; and

(iv) ownership of government securities is a “financial interest” in the issues only if the outcome of the proceedings could substantially affect the value of the securities.”

Section 13.4 and 5 deal with Business and Financial Activities of judges.

Section 13. 4 says: (i) A Judicial Officer may own investments and real property PROVIDED that in the management of his investments, he shall not serve as an officer, director, manager, general partner, adviser or employee of any business entity.

(ii) Otherwise permissible investment or business activities are prohibited if they:

(a) Tend to reflect adversely on judicial impartiality,

(b) Interfere with the proper performance of judicial duties,

(c) Exploit the judicial position; or

(d) Involve the Judicial Officer in frequent transactions with legal practitioners or with people likely to come before the Judicial Officer’s court.

13.5 Acceptance of Gifts

A Judicial Officer and members of his family shall neither ask for nor accept any gift, bequest, favour or loan on account of anything done or omitted to be done by him in the discharge of his duties.

A Judicial Officer is, however, permitted to accept:

(i) Personal gifts or benefits from relatives or personal friends to such extent and on such occasions as are recognized by custom.

(ii) Books supplied by publishers on a complimentary basis.

(iii) A loan from lending institution in its regular course of business on the same terms generally available to people who are not judicial Officers;

(iv) A scholarship or fellowship awarded on the same terms applied to other applicants.”6

 

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Kwara Court Jails Tailor for Impersonating, Defrauding EFCC Investigator

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Kwara Court Jails Tailor for Impersonating, Defrauding EFCC Investigator

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, has sentenced a 27-year-old fashion designer, Haruna Musa Tolani, to 12 months imprisonment for impersonating and defrauding Callitus Egwuonwu, an investigating officer with the Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Directorate.

Tolani, an indigene of Ilorin East Local Government Area of Kwara State, was initially arraigned on a two-count charge bordering on impersonation and cybercrime on January 28, 2025 and pleaded not guilty, but later changed his plea to guilty after overwhelming evidence was presented by counsel to the EFCC, Sesan Ola.

Count one of the charge reads:

“That you Haruna Musa Tolani in August,2024 at Ilorin within the jurisdiction of this Honourable Court with intent to defraud, misrepresented yourself via electronic message sent through unstructured supplementary service data (USSD) to Access Bank Plc. With respect to account number 0022643389, property of Mr Callistus Egwuonwu, with which you purchased N20000.00( Twenty Thousand naira) worth of MTN data which resulted into loss to the owner of the account and you thereby commit an offence contrary to and punishable under Section 14(2) of the cybercrime (Prohibition and Prevention) Act, 2015”

Similarly, count two reads:

“That you Haruna Musa Tolani sometime in August,2024 at Ilorin within the jurisdiction of this Honourable Court fraudulently impersonated one Callistus Egwuonwu via electronic message sent through unstructured supplementary service data (USSD) to Access Bank Plc with respect to account number 0022643389, property of Callistus Egwuonwu with intention to purchase MTN data worth Twenty Thousand Naira (20,000.00) which you did purchase and thereby committed offence contrary to Section 22(2)(b)(ii) of the cybercrime (Prohibition and Prevention) Act,2015 and punishable under Section 22(2)(b)(iv) of the same Act”

In his judgment, Justice Awogboro imposed a 12-month custodial sentence on Tolani with an option of a fine of N200,00( Two Hundred Thousand Naira). The court also ordered the forfeiture of a First Bank manager’s cheque of N200,000 in favour of the victim and directed the convict to restitute the sum of N20,000, the amount he fraudulently obtained.

Tolani bagged his imprisonment when he was arrested for internet fraud. He was charged to court, pleaded guilty and convicted.

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Two Truck Drivers Jailed for Illegal Possession of Minerals in Ilorin

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Two Truck Drivers Jailed for Illegal Possession of Minerals in Ilorin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, on Thursday, May 15, 2025 convicted and sentenced two truck drivers, Abdulkareem Hussaini and Aliyu Ladan to one-year imprisonment each for unlawful possession of solid minerals.

They were arraigned on one-count separate charges by the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC.

The charge against Hussaini reads:

“That you, Abdulkareem Hussaini on or about the 11th day of June 2024, at Ballah Asa Local Government Area of Kwara State, within the jurisdiction of this Honourable Court, without lawful authority, comes into possession of minerals to wit: Thirty-Five Tonnes of mineral, conveyed in a Layland DAF Truck, with registration number KTG 54 XB and thereby committed an offence contrary to and punishable under Section 1 (8) (b) of the Miscellaneous Offences Act, 1984”

Similarly, Ladan’s charge reads:

“That you, ALIYU LADAN, on or about the 13th day of September, 2024 at Ballah, Asa Local Government Area, Kwara State, within the jurisdiction of this Honourable Court, without lawful authority, comes into possession of minerals to wit: 30 tons of mineral, conveyed in a SINO truck, with registration number: FTA 981 XB and thereby committed an offence contrary to and punishable under Section 1(8) (b) of the Miscellaneous Offices Act, 1984”

The defendants pleaded guilty to their respective charges when they were read to them.

Following their pleas, counsel to the EFCC, Sesan Ola, reviewed the facts of the case, tendered evidence and thereafter prayed the court to convict the defendants accordingly.

In his judgment, Justice Awogboro sentenced Hussaini and Ladan to 12 months in prison with an option of fine of N1 million each. The judge also ordered that the solid minerals recovered from the convicts at the time of arrest be forfeited to the Federal Government.

The convicts started their journey to the Correctional Centre when they were found in possession of large quantities of minerals without valid authorization, an act that violates Section 1(8)(b) of the Miscellaneous Offences Act, 1984.

They were charged to court, pleaded guilty to their charges and convicted.

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Adjudication Kicks Off for The Nigeria Prize for Science

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Adjudication Kicks Off for The Nigeria Prize for Science

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H


Momentum is building and adjudication is set to commence for the 2025 edition of The Nigeria Prize for Science, with 112 entries handed over today to the Prize’s Advisory Board for onward transmission to the judges.

Caption: (L-R): Anne-Marie Palmer-Ikuku, Manager, Corporate Communications and Public Affairs (NLNG); Dr. Sophia Horsfall, General Manager, External Relations and Sustainable Development (NLNG); and members of The Nigeria Prize for Science Advisory Board – Prof. Barth Nnaji (Chairman), Chief Dr. (Mrs.) Nike Akande (Member), and Prof. Yusuf Abubakar (Member) during the handover of entries for the 2025 edition of NLNG-sponsored prize held in Lagos…on Tuesday.
The Nigeria Prize for Science, arguably Africa’s richest and most prestigious science award, is worth $100,000.

The 2025 edition features the theme “Innovations in ICT, Artificial Intelligence (AI) and Digital Technologies for Development,” seeking solutions to bolster Nigeria’s digital economy.

Sponsored by NLNG, the Prize attracts entries from scientists worldwide (Nigerians and Non-Nigerians) and aims to identify and reward groundbreaking innovations that advance industry and promote sustainable development in Nigeria.


At a press conference in Lagos, NLNG’s General Manager for External Relations and Sustainable Development, Sophia Horsfall, formally handed over the 112 entries to the Advisory Board, chaired by renowned scientist Professor Barth Nnaji.


The handover marks the start of a rigorous evaluation process, during which a panel of distinguished judges will assess entries based on merit, originality, and potential impact on national development.

The competition is expected to be intense, reflecting rising global interest and innovation in AI and digital technology.


In her remarks, Horsfall highlighted that this year’s theme reflects the global shift toward technological transformation.

She stated: “This year’s Prize seeks to spotlight pioneering research and bold solutions that harness technologies to empower industries, uplift societies, and transform Nigeria’s development trajectory.”


She further added: “These technologies hold immense transformative potential for Nigeria.

As Africa’s largest economy and a nation blessed with a vibrant pool of young talent, we have a unique opportunity to harness digital innovation to develop scalable, globally relevant solutions that will drive sustainable socio-economic development.”


Professor Barth Nnaji, while receiving the entries, expressed his appreciation for the number of submissions. “The Board is greatly encouraged by the volume of entries.

The 2025 competition is shaping up to be intensely competitive, and we are confident it will showcase outstanding innovation,” he said.


He emphasised the transformative power of AI and digital technologies across sectors: “AI is rapidly reshaping nearly every aspect of modern life, driving innovation, improving efficiency, and unlocking new possibilities across industries.”


He added; “ In healthcare, AI enhances diagnostic accuracy and speed through advanced imaging and predictive tools. In education, it personalises learning experiences, helping teachers address challenges early using intelligent tutors and automated assessments.

In agriculture, AI enables precision farming by analysing sensor and satellite data to improve crop management and forecast yields.

These sector-wide transformations underscore AI’s growing role as a catalyst for innovation and sustainable progress.”
Other members of the Board are Chief Dr. Nike Akande, a two-time former Minister of Industry, and Professor Baba Yusuf Abubakar, a professor of quantitative genetics and animal breeding.


The Prize continues to champion innovation, creativity, and scientific excellence as key drivers of Nigeria’s development, while fostering a culture of research that positions the country at the forefront of global innovation.


The winning entry for the 2025 Prize will be unveiled at a world press conference scheduled for September.

Caption: (L-R): Anne-Marie Palmer-Ikuku, Manager, Corporate Communications and Public Affairs (NLNG); Dr. Sophia Horsfall, General Manager, External Relations and Sustainable Development (NLNG); and members of The Nigeria Prize for Science Advisory Board – Prof. Barth Nnaji (Chairman), Chief Dr. (Mrs.) Nike Akande (Member), and Prof. Yusuf Abubakar (Member) during the handover of entries for the 2025 edition of NLNG-sponsored prize held in Lagos…on Tuesday.

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