Connect with us

Society

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

Published

on

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.”

 

Society

Bisi Onasanya, ex FirstBank MD flees Nigeria to Ghana as EFCC closes in……

Published

on

By

Bisi Onasanya, the embattled former Managing Director of FirstBank has followed in the steps of Oba Otudeko, the former chairman of FBN Holdings and fled the country.
Onasanya who is expected to appear at the Federal High Court in Lagos on Monday January 20 to answer to the charges brought against him by anti-graft agency, the Economic and Financial Crimes Commission, EFCC, may likely be absent in court as he is currently holed up in Ghana in hiding.

He was spotted at Movenpick Hotel in Accra where he checked in at exactly 8 am on Friday morning.

Society Reporters had earlier reported that Onasanya will be arraigned before Justice Chukwujekwu Aneke for looting over N12.3 billion.

He will be arraigned alongside Otudeko, also the chairman of Honeywell Group who is equally on the run, as well as two others, a former board member of Honeywell Group, Soji Akintayo and a firm, Anchorage Leisure Limited connected to Otudeko.

The quartet committed fraud in tranches of N5.2 billion, N6.2 billion, N6.150 billion, N1.5 billion and N500 million, N6.2 billion and N2.09 billion between 2013 and 2014 in Lagos.

The 13-count charge, filed by EFCC counsel Bilikisu Buhari on January 16, 2025, further claimed that the defendants made and uttered forged documents to deceive the bank.

Specifically, count 1 accused the defendants of conspiring “to obtain the sum of N12.3 billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V-TECH DYNAMIC LINKS LIMITED and Stallion Nigeria Limited, which representation you know to be false.”

In Count 2, it was alleged that the defendants, on or about the 26th day of November 2013 in Lagos, “obtained the sum of N5.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for by V TECH DYNAMIC LINKS LIMITED which representation you know to be false.”

The 3rd count claimed that the defendants, between 2013 and 2014 in Lagos, obtained N6.2 Billion from FirstBank Limited on the pretence that the said sum represented credit facilities applied for and disbursed to Stallion Nigeria Limited, which representation you know to be false.”

In the 4th count, they were accused of conspiring to spend the N6,15 billion, out of the monies.

According to the Commission, the offences contravened Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and are punishable under Section 1(3) of the same Act.

Counts 5 and 6 read: “That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about 11th day of December 2013 in Lagos, procured Honeywell Flour Mills Plc to retain the sum of N1,5 Billion, which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 18(c), 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 million only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”

The Street Journal

Continue Reading

Society

Just In: Wasiu Ayinde loses mum, aged 105

Published

on

By

 

Music Maestro, King Wasiu Ayinde Marshal has lost his adorable mother, Alhaja Halima Shadiya Anifowoshe.

 

 

She was aged 105.

 

May her soul rest in Peace.

 

 

Continue Reading

Society

As Hon. Moji Meranda Speaks For The Good People Of Lagos

Published

on

By

 

By seun OLOKETUYI

 

In the dynamic and evolving political landscape of Lagos, few names resonate with as much promise, dedication, and authenticity as Rt Hon Mojisola Lasbat Meranda. Her recent emergence as the Speaker of the 10th Lagos State House of Assembly marks a historic milestone in her political career, reinforcing her status as a visionary leader and a formidable force in the state’s governance.

 

Her journey into public service is not only a testament to her resilience but also to her illustrious heritage. Born on August 16, 1980, into the esteemed family of the late Chief T. A. Lawal Akapo, the Ojora of Lagos, and Princess M. A. Lawal-Akapo, Mojisola Meranda embodies the rich history and values of Lagos royalty. Her lineage connects her to the Ojora, Aromire, Onitana, Oloto, and Oniru royal families—dynasties that have long stood as pillars of tradition and leadership in Lagos State. With these roots, her commitment to her constituents and the broader Lagos populace is deeply personal.

 

A Journey of Service and Leadership

 

First elected in 2015 to represent the Apapa Constituency-1, Mrs Meranda has consistently demonstrated an unwavering commitment to her constituents. Her re-elections in 2019 and 2023 underscore the trust and confidence that the people of Apapa have in her leadership. Her tenure in the Lagos State House of Assembly has been marked by groundbreaking initiatives, progressive legislation, and a focus on refining existing laws to meet modern demands.

 

Before taking the mantle of Speaker, Mrs Meranda served as Deputy Speaker and Chief Whip of the 9th Assembly, roles that showcased her legislative acumen and ability to unite diverse voices within the House. Her approach to governance is rooted in collaboration, innovation, and a passion for driving real change for the people of Lagos.

 

Her educational background mirrors her versatility and commitment to excellence. From her foundational years at St. Charles Nursery and Primary School to her ongoing academic pursuits at the University of Lagos, Mrs Meranda has always been a beacon of determination. Her Bachelor of Science in Public Administration from Lagos State University and her advanced certificate in software development highlight her adaptability in a world that demands both traditional leadership and technological proficiency.

 

Legislative Achievements and Constituency Impact

 

Mrs Meranda’s legislative philosophy centers on pragmatic solutions. Rather than merely proposing new laws, she has focused on repealing outdated laws and amending existing ones to reflect contemporary realities. Her leadership style prioritizes enforceable policies that directly improve the lives of Lagosians.

 

In her constituency, she has spearheaded transformative projects, including medical outreaches, provision of JAMB forms for students, vocational training for automobile mechanics, school refurbishments, water projects, and economic empowerment initiatives for petty traders and widows. These projects underscore her dedication to grassroots development and her deep understanding of the challenges faced by everyday Lagosians.

 

A Champion for Gender Equality

 

As one of only four women in the 40-member Lagos State House of Assembly, Mrs Meranda’s leadership as Speaker is a powerful symbol of progress for women in Nigerian politics. Her advocacy for gender equality and fair representation has inspired countless women to pursue leadership roles.

 

Her journey has not been without its challenges, but her resilience remains unshaken. “Power is not served à la carte,” she often says—a mantra that encapsulates her commitment to hard work, strategic networking, and focused campaigning.

 

Vision for an Inclusive and Progressive Lagos

 

Mrs Meranda’s vision for Lagos is one of inclusivity, empowerment, and sustainable development. Her approach to governance is centered on ensuring that every citizen, regardless of gender or socioeconomic status, has a voice in shaping the future of Lagos.

 

Under her leadership, the Lagos State House of Assembly is poised to prioritize policies that address critical areas such as education, healthcare, infrastructure, and economic empowerment. With her at the helm, Lagosians can expect a legislature that works in tandem with the executive arm to deliver tangible results for the state.

 

A Symbol of Hope and Excellence

 

Rt Hon Mojisola Lasbat Meranda’s ascension as Speaker is not just a personal milestone but a victory for inclusive governance in Lagos. As the Royal Princess speaks for the good of Lagos, her words and actions will undoubtedly echo far beyond the hallowed halls of the Assembly.

 

Her story is a beacon of hope for women, young leaders, and every Lagosian aspiring for a better future. With her dedication, vision, and unwavering commitment to public service, the people of Lagos can rest assured that the state’s leadership is in capable hands.

 

Congratulations Omo Ojora Apasa, Omo Oyinbo Dudu Lode Iganmu, Kekeniju. May Almighty God guide you as you embark on this new chapter of service and leadership.

Continue Reading

Trending