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Wole Olanipekun in eye of the storm

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During the week, a Senior Advocate of Nigeria, Wole Olanipekun’s law firm came under fire for allegedly attempting to ‘steal’ a client from another prestigious firm like his, thus violating Rule 39 of the Rules of Professional Conduct, prohibiting self-advertising and solicitation by Nigerian legal practitioners or making comparison with or criticising other lawyers, including any statement about the quality of the lawyer’s work, the size or success of his practice or his success rate.

Saipem SPA, an Italian multinational oilfield services company, one of the largest in the world and formerly a subsidiary of Italian oil and gas supermajor, Eni, with operations in Nigeria, alongside Saipem Contracting Nigeria Ltd, were in court with the Rivers State Government over an alleged conspiracy to cheat and with intent to defraud the state of the sum of $130 million, being advanced payment for the construction of the OCGT power plant in Port Harcourt. Both companies were represented by the law firm, Ajumogobia & Okeke, owned by former Minister of State for Petroleum, Odein Ajumogobia.

thinking that they could possibly make a kill from the lawsuit and also provide the two companies a soft landing so that they would end up not paying the total amount they were being sued for, Adekunbi Ogunde, an employee of Wole Olanipekun & Co, who was made leading partner in the oil and gas practice area in the law firm in December 2021, decided to do the unthinkable. She wrote to Mr Francesco Caio, the Chief Executive Officer of Saipem SPA, attempting to steal the case from the original representative for her law firm. Unknown to her, the case was no longer in court. It had already been settled out of court about two months before she wrote to Caio, which was on June 20, 2022.

While marketing her law firm, she cast a bad light on Ajumogobia & Co as a law firm with less influence and clout in favour of her law firm, which she considered more influential and prestigious. An excerpt from her letter to Caio read in part, “..I believe that you need a more influential lawyer/law firm to prevent a potential huge pay out to Rivers State Government and without doubt, I believe my law firm, Wole Olanipekun & Co can help in this regard. It will also reveal that the presence of our lead partner, Chief Olanipekun SAN, OFR, in the matter, will significantly switch things in favour of Saipem.

“Chief Olanipekun SAN, OFR is currently the Chairman of the Body of Benchers, which is the highest ruling body in the Nigerian legal profession. In other words, Chief Olanipekun SAN, OFR is the head of the entire legal profession in Nigeria. Wole Olanipekun & Co has helped other multinationals avoid huge pay cuts in more complex, sensitive and highly political matters.”

Dismayed, Caio forwarded the letter to his company’s attorney who was to say the least, miffed that Wole Olanipekun & Co could descend so low as to want to ‘steal’ his client from him. Ajumogobia immediately wrote to Olanipekun, expressing extreme disappointment and utter disillusionment that a letter of that nature could emanate from his chambers, given his stature at the bar generally and as the current Chairman of the Body of Benchers, in particular.

The former minister was all the more disappointed that Olanipekun would be willing to use his position to influence Justices of the Supreme Court, Presiding Justices of the Court of Appeal and Chief Judges, thus committing gross misconduct of the worst kind. What annoyed Ajumogobia the most is the fact that the case was made public and personally known to Olanipekun and his firm.

According to Ajumogobia, Olanipekun had asked him about the matter during a dinner that they both attended a few months ago. Ajumogobia demanded a written apology to his firm from Wole Olanipekun & Co and another letter to Saipem top management retracting the initial letter. Olanipekun’s law firm quickly retracted the letter and apologised to Ajumogobia’s law firm. It disassociated itself from the email, expressing disgust and regret that it emanated from a partner in their firm who acted without authorisation. But the apology has done very little to remedy the situation, especially among the Nigerian legal community who have expressed dismay and anger over Olanipekun’s unethical act.

First, lawyers are unanimous with their concerns that the disclaimer from Olanipekun fell short of expectation, was incredibly offensive, derogatory and extremely disrespectful to Ajumogobia, who is also a SAN. They wonder why Olanikpekun would detail two junior associates to sign the apology letter disassociating his law firm from his employee’s action and addressed to Ajumogobia when he could have signed the letter to show good faith.

Secondly, the lawyers expressed the opinion that what Olanipekun’s law firm did was a serious breach that needed to be addressed to safeguard the integrity of the profession. According to them, if the matter was left without reprimand, it would open a floodgate for all sorts of things and it won’t be long before the profession is destroyed. Finally, they begged to differ that the senior partner, Olanipekun, claims ignorance of the letter soliciting Saipem, as a case of such magnitude would naturally require a higher authorisation and not be left in the hands of junior associates. All eyes are currently on the Legal Practitioners Disciplinary Committee, to see if they plan to act on the matter between Olanipekun and Ajumogobia and dish out the appropriate sanctions or if it will be swept under the carpet because of Olanipekun’s perceived standing in the society.

Be that as it may, this isn’t the first time Olanipekun has been in the eye of the storm over his unethical ways of practising law. A few months ago, Lucius Nwosu SAN, petitioned the Nigerian Bar Association to restrain Olanipekun from bidding for the position of chairman of Benchers, which is the professional body concerned with the admission of prospective students into the Nigerian Law School. The body also regulates the call of Law School graduates to the Nigerian Bar and the regulation of the legal profession in Nigeria.

In a letter addressed to Olumide Akpata, the NBA president, Nwosu accused Olanipekun of engaging in unprofessional conduct contrary to the provisions of section 3 of the Legal Practitioners Act Cap L 11, which provides that a Body of Benchers member should be of the highest distinction in the legal profession, a test that Nwosu says Olanipekun has failed repeatedly.

According to Nwosu, Olanipekun has unfortunately, over the years, progressively carried on a practice, which has culminated in his condemnation in unanimous decisions of the Supreme Court and final court of the land in the strongest of terms, particularly where Olanipekun sought for a review of the Supreme Court judgement on the Bayelsa State governorship election of 2019.

Olanipekun and Afe Babalola SAN, who both represented David Lyon, the Bayelsa governorship candidate and the All Progressives Congress (APC), were fined N30 million by the apex court over the application. Olanipekun, according to Nwosu, defiantly refused to pay the fine, adding that his refusal is even more complicated, given the fact that the Chief Justice of the federation and all the learned law lords of the Supreme Court are statutory members of the Body of Benchers, including all the heads of strategic courts in Nigeria. This and many more, Nwosu considered an act of indecency on the part of Olanipekun, enough for him not to even think of applying to sit as chairman of the highest policy body where ethics and regulation of the legal profession will be discussed and formulated. But the NBA was past caring and Olanipekun eventually emerged the chairman of the body.

Society

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

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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.”

 

 

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

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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.”

 

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

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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

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