Connect with us

Society

MTN Chief Marketing Officer, Adia Sowho resigns over corruption probe

Published

on

MTN Nigeria Communications Plc has commissioned an investigation into the activities of its Chief Marketing Officer (CMO) Ms. Adia Sowho who has been accused of misappropriating part of the N5 billion budgeted by the company for the commercial launch of its 5G Network in 2022.

The investigation has made the CMO to quickly tender her resignation last week, in a move many believe was done in a bid to avoid being indicted and dismissed for corruption.

MTN in September 2022 launched the 5G network in Lagos ushering in a new era of fast-speed internet connection in the country. Shortly after the launch, however, internal auditors discovered that parts of the funds budgeted for launch and marketing activities around it were misappropriated through inflation of contracts and other means.

Adia Sowho, who was appointed as the CMO in 2021, is being investigated after a discovery that she has been procuring many services from contractors at significantly higher rates than had been the practice before she joined the company two years ago.

A former staff of MTN’s marketing department who resigned and relocated overseas told Sahara Reporters that Adia Sowho has been accused by employees in her Division of suddenly changing contractors for many services being provided to the company and seeking to impose her own cronies on the company as contractors.

According to the source who pleaded anonymity, “MTN used to work on Digital campaigns directly with a contractor called TRANSSION. She attempted to force the marketing team to switch to a vendor called Hippo AD. This would have been more expensive for MTN because Hippo AD would still have to deal with TRANSSION being the one that can provide those services effectively in Nigeria. This was an attempt by Adia Sowho to introduce a middleman and it was unnecessary. Luckily, the media team refused to budge so the plan fell apart. She has made efforts to punish those who kicked against it, afterwards.”

“At another time the Consumer Marketing team within the Marketing Division wanted to do a campaign for “Blow my Hustle” and they approached her to sign off on the campaign with a budget of just over N30 million. She tried to raise the budget to over N100,000,000 and wanted to give it to some of the new contractors that she uses to siphon funds. When they resisted an attempt to change the vendor and inflate the cost, she threatened that if they do not give it to the person she had asked them to give it to, she would approve only 7 million naira for the team and of course 7 million would not get the job done, so the team gave in.”

“In another case of brazen corruption, she told the CVM team to pay a vendor to send bulk SMS to a target audience even though the CVM team is used to sending SMSes directly to customers at no cost. When she insisted, they gave in to her demands and they paid a company called “Out There Media” over 50million to do SMS blast. This was an unnecessary expenditure of company resources and an erosion of shareholders investment.”

“Adia has also continued to connive with another MTN contractor called SPV Communications to pad their invoices to MTN on their marketing activities. Suddenly, since her arrival, marketing costs for even simple services have become bloated.”

“Adia has also brought in Mckinsy consultants without following due process and the cost to keep McKinsey runs into billions of naira. Meanwhile, Mckinsey is not telling the business anything they don’t know . So they are basically doing nothing. We are yet to see the value as at the time i left and even to this day, colleagues who remain in MTN say everything Mckinsey is suggesting in the area of marketing are things already being done before they came.”

 

Continue Reading
Advertisement

Society

Tunde Olaogun Conferred with the Prestigious Traditional Title of Tayese of Oluwo, Iju-Ogundimu

Published

on

By

 

It is with great honor and humility that Tunde Olaogun announces his conferment as the Tayese of Oluwo, Iju-Ogundimu. This prestigious traditional title is a testament to his outstanding contributions, dedication, and commitment to the community.

 

The traditional council, in recognition of Tunde Olaogun’s relentless efforts and selfless service, has deemed him worthy of this esteemed title. The conferment ceremony, which promises to be a grand celebration of culture and tradition, is scheduled to take place in April 2025 in Lagos, Nigeria.

 

Although the exact date of the ceremony is yet to be confirmed, it is expected to attract dignitaries, friends, family, and well-wishers from far and wide.

 

The event will be a momentous occasion, marking a significant milestone in the life of Tunde Olaogun and the community at large.

 

Tunde Olaogun has expressed his profound gratitude to the traditional council for this honour pledging to continue serving the community with dedication and humility.

Continue Reading

Society

Oniru confers chieftaincy titles on Smith, Idowu, Olorunnimbe, Akintoye others

Published

on

By

 

The Oniru of Iru-land, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] has announced the conferment of honourary chieftaincy titles on eminent and distinguished citizens of Nigeria.

 

The revered monarch unveiled the shortlist of recipients as part of activities to mark the fifth anniversary of his peaceful reign on the revered throne.

 

Among the esteemed honourees are Iya Oba of Iru Kingdom – Chief (Mrs) Basira Titilayo Smith, Aare Majeobaje of Iru Kingdom – Chief Adeyemi Idowu, Aare So’ludero ofIru Kingdom- Chief Muyiwa Gbadegesin, Ph.D and Erelu Asa of Iru Kingdom – Chief (Mrs) Bolane Austen-Peters, Aare Fiwagboye of Iru Kingdom – Chief Lukman Olayiwola Mustapha, Asoju Oba of Iru Kingdom- Chief Idris Ibikunle Olorunnimbe and Ajiroba ofIru-Kingdom- Chief Adegboyega Hakeem Akintoye.

 

While extending congratulations to the distinguished honourees on behalf of His Majesty and the Oniru-in-Council, High Chief Abayomi Daramola, Balogun of Iru-Land, in a statement revealed that the conferment of titles will be performed on 14th June, 2025 at the palace (Aafin Oba Oniru), Victoria Island, Lagos.

 

The statement read in part, “to mark the fifth-year anniversary of his ascension to the revered throne of his forebears as the 15th Oniru of Iru-land and after a rigorous selection process, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] – The Oniru of Iru-land upon the recommendation of the Oniru-in-Council, has issued a Royal Decree approving the conferment of respective honouray Chieftaincy titles on the underlisted eminent and distinguished citizens.”

 

 

Continue Reading

Society

‘Not My Property’ – Ex-Petroleum Minister, Diezani Exposes Owner Of Recovered $52.8 Million Loot

Published

on

By

Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has clarified that she is not connected to the $52.5 million that was recently brought back to the country from the United States of America (USA).

Society Reporters recalls that the federal government on Friday, January 10, announced the receipt of $52.88 million in recovered Galactica assets linked to the former Minister of Petroleum.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced the recovery during a formal signing ceremony of the asset return agreement in Abuja.

Fagbemi explained that $50 million of the recovered funds would be channelled through the World Bank for the development of rural electrification projects.

The remaining $2.88 million, he added, would be allocated to the International Institute of Justice to enhance the justice system and support anti-corruption initiatives.

However, in a statement issued on Sunday, Diezani, who has been residing in the United Kingdom (UK) since departing from Nigeria, asserted that the funds associated with her in the media as illicit gains actually belonged to Nigeria’s oil entrepreneur, Kola Aluko.

Finally responding to the alleged recovery through her attorney, Mike Ozekhome SAN, Diezani maintained that the term “Diezani Loot” is unfounded, as she had no involvement in the circumstances surrounding the forfeiture of the funds by its rightful owner.

Expressing her stance, the former minister stated that the $52.5 million originated from a vessel that was confiscated by the American authorities from Kola Aluko, which was subsequently sold, with the proceeds returned to the Nigerian federal government.

Her disavowal of ownership over the funds was detailed in an extensive press release issued on Sunday by the Chambers of Mike Ozekhome SAN, titled “There is no such thing as Diezani Loot.”

The statement reads: “My chambers makes this intervention in the public domain as Solicitors to Diezani Alison-Madueke (DAM) ,the former Minister of Petroleum Resources, HMPR.

“As her Solicitors, we are fully versed in and conversant with her present ordeal and the entire facts surrounding her matters both here in Nigeria and abroad. So, we write from the vantage position of one that is aware of the cocktail of lies that have been spurned around her cases in the last ten years.

“Many of the narratives are outrightly false; some others sheer outlandish speculations; and most, simply bizzare stories cooked up by her traducers to extract a Shylock’s pound of flesh from her for reasons she does not know and cannot even fathom.

“This intervention therefore seeks to correct this skewed narrative and set the records straight for purposes of history. Many Nigerians often talk about wanting ‘technocrats’ to be involved in governance. They desire that people with character and integrity should join politics.

“We agree with them. However and regrettably too, now and again and many a time, the same people not only allow, but actually join the bandwagon to mob-lynch those who chose to serve the nation.

“And we often do this insidiously, covertly and overtly, even when there is no concrete or even any iota of proof that such public officers ever abused their offices or stole from public coffers.

“It is therefore surprising and of great concern to us, to see the level of sustained vilification of an innocent Nigerian citizen who has not yet been tried and found guilty of any offence known to law by any court of law whether in Nigeria or abroad. The person at the receiving end is Citizen Diezani Alison-Madueke (DAM).”

Mischievous And Cruel
The statement from Ozekhome’s office described the earlier claims about the asset recovery as misinformation and defaming.

It said: “We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht Galactica, the sale of which was said to have yielded $52.8m to the US government; which sum has since been repatriated to Nigeria.

This is a clear example of the mischievous and cruel sport of tarnishing the image of the lady through a bouquet of consistent, persistent and unrelenting cocktail of falsehoods and misinformation.

“The purveyors of this line of misinformation term it “name-and-shame”. To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her.

“They now falsely termed it “Diezani loot”. Nothing of the sort ever happened. She was never involved in the purchase, use and sale of the said yacht.

“The yacht Galactica, from information readily available in the public domain and in open sources, was purchased by Mr Kola Aluko who had used the vessel until he agreed to its forfeiture to the United States of America.

“The yacht Galactica was neither owned nor ever used by our client. DAM has in fact never set her eyes on the yacht. Kola Aluko is an experienced businessman who had been in business well before DAM came into office as HMPR.

“The only tenuous basis for deliberately linking DAM to the said yacht is the false narrative that the Strategic Alliance Agreements (SAAs) which were entered into between Kola Aluko & Jide Omokore’s Atlantic Energy companies and NNPC, were allegedly corruptly awarded to the said companies by DAM. DAM was not the GMD of the NNPC as so did not and could not have awarded the said contracts.

“We plead, as her lawyers, with all and sundry that she be accorded fair hearing and that the process of these UK court proceedings be allowed to take their natural course to avoid prejudice to her in the ongoing subjudice UK proceedings against her.

”Those purveyors and peddlers who habitually spin these outrightly false, unfounded, defamatory, unintelligent and indefensible narratives to denigrate and humiliate her should please find better use of their time and leave DAM alone.

“Let the law take its natural course without interference. We humbly pray.”

 

Continue Reading

Trending