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A businessman, Oladimeji Isiaka, has gone bankrupt after losing about N25m to suspected fraudsters who defrauded him under the pretext of curing his headache.

PUNCH reports that Isiaka, who lived in the Sango Ota area of Ogun State, sold his house and five cars to raise the money.

However, after realising that he had been defrauded, he reportedly petitioned the Zone 2 Police Command, Onikan, Lagos State.

Investigations by operatives of the command led to the arrest of five members of the syndicate at their base in Ibadan, Oyo State.

They are Alasela Ottun; Yetunde Mustapha, aka Iya Aje Funfun; Ibrahim Jimoh, aka Olobe Aye; Akeem Alabi and Oyegbile Lateef.

A police source said Isiaka was an in-law of Ottun and had sought his counsel sometime in October 2016 when he had the headache, which defied medications.

The source explained that 45-year-old Ottun, after defrauding the victim of a few millions of naira, passed him to Mustapha, who pretended to be a white witch with answers to all his problems.

Mustapha, 32, was said to have colluded with her boyfriend, Jimoh, who arranged a scheme through which millions of naira were collected from the victim.

The source said, “The man was into oil business. He called Alasela (Ottun), for help. The in-law called Yetunde (Mustapha) to pray for him. From there, she passed information about his case to her boyfriend and they started demanding money from him to cure his headache, which they said was a spiritual attack.

“They eventually collected N25m from him. The man sold all his property, including five vehicles and a building. He also lost his business and became bankrupt. When they knew that the game was up, they threatened to kill him if he told anyone. The man wrote a petition, which the police followed up, and they were arrested.”

Ottun, an indigene of Iwo, Osun State, said he collected only N180,000 from Isiaka, adding that he called Mustapha to pray for him on the telephone without knowing that she had stored his number for ulterior motives.

He said, “The man is my wife’s brother. He knew I was into herbal medicine and he called me for solution to his headache. I did some medicine for him, which didn’t work, so I called Yetunde (Mustapha) to pray for him on the telephone.

“I never knew she had stored his number. I suspected something was wrong after I didn’t hear from my in-law for about three months. I also went to Yetunde’s house, but she had packed out. I never knew she had given the number to her boyfriend and they had been collecting money from him.”

Mustapaha said she pretended to be a white witch whenever she spoke with Isiaka, adding that she wore white costume at Ottun’s shrine.

She said, “Alasela (Ottun) and I had been defrauding the man for some time. He was the one that asked me to store the man’s number on my phone.

“Soon, I met Jimoh and we fell in love. He took me to his shrine and said he was an herbalist. I told him about the man and I gave him his number. I don’t know how they took the money from him. But they gave me N50,000.”

Jimoh, an indigene of Ibadan, Oyo State, said he had an agreement with Mustapha to share the money realised from the victim, adding that he collected N8m from Isiaka.

He said, “When I met her, I told her that I was an herbalist and she told me about the deal. I asked her to give me the job, promising to share the money with her. She assured me that there would be no problem because the man was Alasela’s in-law.

“We asked him what he wanted and he said he needed money to start his own company. We promised to help him and he paid us N8m. The money was for him to be rich.”

The chief herbalist, Alabi, 39, said his duty whenever the gang brought a job was to “prosecute it.”

He said, “I am the chief herbalist. Whenever they bring a job, I prosecute it. It is whatever the people seek that we use to defraud them. Some talk about business boom, some about making money or moving to a higher level in life. We make some fake concoctions and collect their money.”

Lateef explained that Isiaka had been cured of the headache, but he craved wealth, adding that it was his greed that the gang exploited.

The 27-year-old Ikirun, Osun State indigene, explained that the victim was shown a sack filled with fake dollars, adding that he was asked to bring N8m for the preparation of rituals that would enable him to spend the money.

Lateef said he was paid N900,000 from the money.

He said, “I always stood outside as the Ifa errand boy. The man said we should help him to become rich and we showed him fake dollars in a sack. He first brought N5m and later added N3m. He was not allowed to touch the money. Whoever is looking for cheap things will run into heavy losses. He thought we cured him of his headache, not knowing it was God. We just took advantage of that to defraud him.”

The Zone 2 Police Public Relations Officer, SP Dolapo Badmos, said the suspects would be arraigned at the end of investigations.

“We recovered charms, fake currencies and fetish objects from their shrines. The Assistant Inspector-General of Police, Adamu Ibrahim, has ordered that they should be arraigned in court,” she said.

BIG STORY

Binance Executive Will Be Smoked Out Of Hiding And Extradited To Nigeria — Interpol

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Plans are in motion to extradite Binance’s regional manager for Africa, Nadeem Anjarwalla, to Nigeria so that he can face charges, according to the International Criminal Police Organisation (Interpol).

Speaking on Tuesday during Channels Television’s Sunrise Daily broadcast, Garba Umar is the vice president of the Interpol (Africa) executive committee.

The federal government filed charges of tax evasion and money laundering against Anjarwalla and Tigran Gambaryan, Binance’s chief of financial crime compliance.

On February 28, the two were taken into custody.

On March 22, Anjarwalla, together with his colleague Tigran Gambaryan, managed to flee from the federal government’s custody at a guest house located in Abuja, the capital city of Nigeria.

In keeping with the spirit of the Ramadan fast, Anjarwalla was rumoured to have escaped when guards brought him to a nearby mosque for prayers.

The Binance regional manager, who is said to hold British and Kenyan citizenship, reportedly fled Nigeria with a passport from the East African country.

Last week, reports suggesting that the Kenya Police had arrested Anjarwalla surfaced.

The Interpol official did not confirm the reports but noted that Kenya is where the fleeing crypto chief was last seen.

“I’m not aware but what I can tell you is that the last destination I know on my record of this guy when he fled (Nigeria) was Kenya. That I can confirm to you,” Umar said.

Umar added that Interpol has contacted all countries where Anjarwalla was believed to have transited and “we got some certain information which is not possible to share on this platform”.

“Rest assured, we located where he was, how he boarded, all information about him and how he landed. We have done that to make sure that he doesn’t escape justice,” he added.

Umar added that the Binance executive will be returned to Nigeria to face trial once a red notice has been issued and circulated to concerned countries.

“Now, it is not only morally right but it is legally right for the country to get him apprehended, inform the requesting country that ‘the fugitive you are looking for has been apprehended and is in our custody. Can you come and take him over?’” Umar said.

“This is the process. He may be in Kenya, he may be in hiding, he might have even left Kenya but because of the notices we have given, wherever he is, he will be smoked out.”

Gambaryan is currently in the custody of the Economic and Financial Crimes Commission (EFCC) after his arraignment.

Recently, Yuki, Gambaryan’s wife, appealed to the federal government to release her husband, saying he had no influence on Binance’s corporate decisions.

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BIG STORY

Fuel Hike: IPMAN Threatens To Withdraw Services Over N200bn Bridging Claims

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The non-payment of nearly N200 billion in bridging claims has prompted the Independent Petroleum Marketers Association of Nigeria (IPMAN) to declare that it will make actions that will severely impair the petrol supply.

The emergence of this development coincides with a gas shortage, driving up transportation expenses.

In order to guarantee a consistent pump price throughout the nation, bridging claims covers the expense of moving fuel from depots to authorised zones.

The Nigerian Midstream and Downstream Petroleum Regulatory Commission (NMDPRA) is the entity that is responsible for the debt, according to a statement issued by Aba Depot’s unit chairman and spokesperson, Oliver Okolo, following a news conference on Tuesday.

Okolo said NMDPRA failed to pay the N200 billion debt, accruing since September 2022 — despite a directive for payment from Heineken Lokpobiri, the minister of petroleum resources (oil).

“We are poised to take far-reaching decisions that may cripple the supply and sales of petroleum products across Nigeria, if our demands are not met within the shortest period,” he said.

He said the NMDPRA’s delay in offsetting the debt has led to the “deaths of many of our members and the unfortunate collapse of their businesses”.

“As businessmen and women, our members acquired bank loans to keep their fuel retail outlets running daily across the nooks and crannies of Nigeria, to serve the teeming population of Nigerians,” he said.

“However, it is demoralising to know that many of our members have gone bankrupt and have become financially insolvent as a result of their inability to meet their financial obligations to their banks, arising wholly from their inability to get their monies from the NMDPRA.

“Consequently, also, the banks have taken over the business premises of many of our members.

“As indigenous organisations, and Depot Chairmen, we are unhappy that rather than receive support from the government to boost our businesses, we are being discouraged, by the head of NMDPRA.

“It is noteworthy to recall and state here that at a stakeholders meeting held on the 20th of February, 2024 with Mr. Heineken Lokpobiri, the Honourable Minister of Petroleum Resources (Oil), and the NSA Nuhu Ribadu, Engr. Farouk Ahmed, the Chief Authority of NMDPRA, was mandated by Mr. Heinehken Lokpobiri to clear the entire debt in 40 days.”

However, after the 40-day deadline, Okolo said a paltry sum of N13 billion has been paid.

The NMDPRA and IPMAN have a history of disputes over bridging claims, with the latter often threatening to withdraw services.

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BIG STORY

JUST IN: Reps Order NERC To Suspend Implementation Of New Electricity Tariff

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The Nigeria Electricity Regulatory Commission (NERC) has been requested by the house of representatives to halt the introduction of the new price.

Following the passage of a motion of urgent public significance on Tuesday, the lower legislative chamber passed the resolution in plenary session.

Nkemkanma Kama, a Labour Party (LP) politician from Enonyi state, sponsored the resolution.

On April 3, NERC approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the category, who receive 20 hours of electricity supply daily, would begin to pay N225 per kilowatt (kW), starting from April 3, up from N66.

 

More to come…

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