A Former Director of Navy Accounts, Rear Admiral Tahir Yusuf, has permanently forfeited about N500 million to the Federal Government.
Rear Admiral Yusuf, who was second-in-command to the Chief of Account and Budget, Naval Headquarters (NHQ),, according to the Economic and Financial Crimes Commission (EFCC), held the cash in seven accounts with two banks.
Five of the accounts, the EFCC said in court documents, were kept in the name of a company – Bitmas Enterprises – while the other two accounts were held in Yusuf’s name in another bank.
The total amount Yusuf forfeited to the Federal Government as a result of an order of permanent forfeiture issued on February 20, 2020 by Justice Ijeoma Ojukwu of the Federal High Court, Abuja, is N392,695,857.87; $91,955.38; £15,050.
Justice Ojukwu made the order of permanent forfeiture while ruling on an application to that effect filed by the EFCC.
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The court disregarded claim by Yusuf, who was saddled with verifying and authenticating of documents before payments and keep custody of Nigeria Navy balance, that he made the money through legitimate means.
The court had, on October 26, 2018, in a ruling on an application by the EFCC, granted an order for interim forfeiture of the money and ordered the anti-graft agency to publish the order in a national daily for any interested party to claim the money.
It was in reaction to the advertisement that Yusuf filed a counter-affidavit, claiming ownership of the money and arguing that the funds were from legitimate sources.
In response, the EFCC faulted Yusuf’s claim and disclosed that the ex-Naval chief was investigated with two others – Rear Admiral Babajide Oguntola and Commander Bello Mohammed – “all of the Nigerian Navy in an alleged case of conspiracy, abuse of office and money laundering”.
The EFCC said, in the course of investigation, it found the seven accounts (corporate and personal) linked to Yusuf, with the following details: In Zenith Bank accounts 1011701670 (N32,268,758.50); 9000617386 (N320,132,530.57); 1011904172 (N2,414,034.39); 5360132431 ($34,875.00); 5060017083 (£15,050.00) – all held in the name of Bitmas Enterprises.
Two other accounts – 2120012772 ($57,080.38) and 1060100885 (N2,390,987.69) – were held in Skye Bank in Yusuf’s name.
Court documents also revealed that Yusuf had made a proposal for plea bargain to the EFCC, in which he allegedly volunteered to forfeit N200 million, which the EFCC rejected.
EFCC Arrests 42 Suspected Internet Fraudsters In Ogun
The Economic and Financial Crimes Commission, Ibadan zonal office on Friday, March 6, 2020, arrested 42 youngsters for alleged involvement in internet-related fraud.
The suspects, whose ages range between 18 and 33 years, were apprehended at different locations in Ilaro, Ogun State, following actionable intelligence earlier received on their alleged illegal activities.
The suspects are: Peter Fasuhan, Kareem Oladimeji, Adeleke Sodiq, Akinlolu Quadri, Popoola Lukeman, Faniyi Jamiu, Joseph Elijah, Idowu Afolabi, Laleye Olaoluwa, Olabode Olasunkanmi, Shoyola Joseph, Baura David, Janta Oluwafolabomi, Akintunde Wariz, Olukotun Abiodun, Kazeem Popoola and Olaoye Akinyemi.
Others are: Adebanjo Olamide, Esiegbe Dare, Job Emmanuel, Idris Olarewaju, Bakare Sodiq, Popoola Waliu, Popoola Ibrahim, Balogun Tunde Daniel, Adegbite Richard, Owolabi Aderibigbe, Oniyide Benjamin, Sheye Oluwaseun, Enitan Babajide, Oguntayo Samud, Daramola Damilola, Adeniji Azeez, Shobola Adeolu, Odunbaku Tunde, Olamilekan Adedeji, Maja Toheeb, Giwa Olajide, Tolu Yusuf, Ashoregbabo Ayo and Adeosun Temitope.
Items recovered from them include eight exotic cars, mobile phones and laptops.
The indicted among them will be charged to court as soon as investigations are concluded.
Ex-Oyo Court Registrar bags 5-years Jail Term For Stealing 22m
The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Friday, March 6, 2020, secured the conviction of a former Deputy Chief Registrar of the Oyo State High Court, Mutiat Omobola Adio.
Justice Muniru Olagunju found her guilty of a lone-count charge of stealing in a case preferred against her by the anti-graft agency.
The convict, who was also a Chief Magistrate in the state, was accused of stealing a sum of N22,375,913 (Twenty Two Million, Three Hundred and Seventy Five Thousand, Nine Hundred and Thirteen Naira), from Guaranty Trust Bank Plc, an offence that runs contrary to section 390(11) of criminal Code, Cap.38, Law of Oyo State.
This is the second time in less than two years the former top government official would earn jail term for fraud-related offences. Earlier, on May 18, 2018, she was sentenced to seven years imprisonment for obtaining under false pretence a sum of N9.2 million from one Abiodun Olonade, a Nigerian resident in Ireland. The sentencing was without an option of fine.
Adio, in the latest criminal charge, was said to have abused her office as the secretary of a Cooperative Society of the Oyo State Judicial Officers by inflating the total sum approved for loan facilities granted her members by the GTBank, and converting the difference to personal use. She was said to be the facilitator of the loan which totaled about N90m.
She pleaded not guilty to the offence when she was first arraigned on April 25, 2017, necessitating the commencement of her trial. The prosecution, led by Dr. Ben Ubi, called five witnesses, while she called two.
After listening to arguments from the parties, Justice Olagunju declared her guilty of the offence and sentenced her to five years in prison without an option of fine.
She was also ordered to pay back the sum of 20,935,000 to the GTBank, the victim of her crime.
EFCC Ibadan Zonal head gets new boss; Kanu Idagu
The ibadan zonal office of the Economic Financial Crimes Commission (EFCC) has welcomed its new boss, Kani Idagu.
The newly appointed zonal head, has expressed his readiness to work hard to improve the good image he met on ground.
Idagu, who held a brief interactive session with the EFCC staff in the zone on assumption of office on Monday, March 3, 2020, praised the exemplary spirit of the officers, describing the zone as one of the best in the Commission. He described the Ibadan team as resourceful and efficient.
He said he was coming with high spirit and the mindset to make things better, as he sought officers’ support and further commitment to work in the quest to lift the Commission to greater heights.
“Success should not be a one-off affair. The zone has done well. Your record last year was fantastic and inspiring. But we can always do better. This is a fresh year that poses a fresh challenge. We are what we do repeatedly. Excellence is not an act, but an attitude. We, therefore, must remain consistent in the spirit of excellence.
“We must work in synergy and re-dedicate ourselves to the mandate of the Commission. We should work hard to beat the last year’s record. I know we can do better if we push harder, as it is said that if you don’t exceed your limit you can’t create a miracle.,” he said.
The new boss charged the officers to always live above board and ensure that they flee from all appearances of corruption, asking them to make integrity their watchword.
“He who wants to come to equity must come with clean hands, so the saying goes. As law enforcement officers, you must guide your integrity jealously. You must stay away from corruption. If there is anyone among you involving in corrupt practices, I implore you to change your ways now. The EFCC abhors corruption and that stance should be our creed,” he added.
After a Bachelor’s Degree in Accounting from the University of Calabar, Idagu joined the EFCC in 2004 as one of the first set of its cadet officers.
He also holds a Masters of Science (M.Sc) in Security Psychology and Legal Criminology from the University of Ibadan, as well as a Certificate in Strategic Intelligence Analysis after successfully completing a specialised training at the Greater Manchester Police of the United Kingdom.
Grounded in anti-corruption strategies, especially investigating and prosecuting corruption cases, the new EFCC Ibadan Zonal Head has played prominent roles in bringing to successful conclusion some of the prominent cases that earned the Commission its high respect internationally.
He has held many strategic positions within the anti-graft agency, including Head, Special Task Force, STF; Head, Economic Governance, EG; and Head, Advance Fee Fraud, AFF, in both Lagos office and the Commission’s Head Office in Abuja. His last posting was in Abuja where he was Head, AFF.
Idagu took over the headship of the zone on Monday from Bright Igeleke, the second-in-command, who was the acting Head since the former Zonal Head, Friday Ebelo, left for a course at the National Institute for Security Studies, NISS, Abuja.