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The Economic and Financial Crimes Commission, EFCC, has frozen over N8, 627,458,773.36 billion in three accounts of an associate and close friend of former first lady, Mrs Patience Jonathan, Hajiya Muinat Bola Shagaya.

According to The Nation report, Shagaya’s relationship with about 10 firms/account names are also being investigated by the EFCC.

The Kwara-born billionaire is however fighting back as the report says she has dragged one of her banks to the High Court of Lagos state for allowing the EFCC to Post No Debit (PND) on her accounts without a valid court order.

She says the action taken on her accounts violates Section34 (1) of the EFCC Act, 2004. Shagaya has since filed a court case via her counsel, Napoleon Emeaso-Nwachukwu and hearing of the matter is slated for Thursday, September 28.

However, the bank says its hands are tied by the law in complying with the EFCC’s directives to freeze Shagaya’s accounts.

The EFCC in a letter to the bank’s managing director in respect of one of the frozen accounts said: “The commission is investigating a case in which the above-mentioned account featured.

“In view of the above, you are requested to kindly check the table below and provide us with Certified True Copies (CTC) of the following information, which should include but not limited to the following:

(i) The deposit slips/telex copies (front and back) that conveyed the authority of the transactions;

(ii) Any investment made with the funds in any of your products which should include fixed/term deposit and their liquidation and the interest incurred, Banks Acceptance, Commercial Papers and any other relevant information in relation to these.

The EFCC listed the transactions in the said account as “N300m(Bola Shagaya RTGS); N300m (Additional N300FTD at 15% TRAN); N500m (Time Deposit); N2,317,013,698.64 (BNG COLLAOS FOR FTD-CUSTOMER ACCOL); N2.3billion (Opening a Time Deposit Account); N292, 495, 029.82 (Withdrawal from Time Deposit); N292, 495, 029.82 (TAK Asset Mgt Limited); N300m (Term Loan booked for 356 days); and N2,025,455,015.08 (BNG COLLAPS OF FTD Customer Account.”

In a separate letter Cr: 3000/EFCC/LS/STF/ STF3MP/ Vol.11/182 which Shagaya made available to the court, the EFCC asked the bank to Post No Debit(PND) on 10 accounts linked with her.

The account names are

(i) First Deep Water Discovery Limited;

(ii) Bola Shagaya;

(iii) FAPLiNs Nigeria Limited

(iv) Lingo Nigeria Limited;

(v) Buri Barclays BDC;

(vi) Links Global Synergy Ltd;

(vii) OKIOIL Nig. Ltd;

(vii) JEMARVIZ Nig Ltd;

(ix) PJ Oil and Gas Ltd; and

(x) AFDIN Ventures Ltd.

The anti-graft commission said: “The commission is investigating a case in which the above mentioned accounts featured.

“You are requested to kindly place the account on Post No Debit (PND) category pending the conclusion of the investigation.

“This request is made pursuant to Section 38(1) and (2) of the Economic and Financial Crimes Commission (Establishment) Act, 2004 and Section 21 of Money Laundering (Prohibition) Act, 2011.”

In the third letter, the EFCC said it was looking into two other accounts including Voyage Oil and Gas and Bola Shagaya from 2008 to date.

But Shagaya accused the bank of complicity on her travails following the bank’s alleged failure to exercise the requisite due diligence.

She said the freezing of her accounts did not comply with Section 34(1) of the EFCC Act, 2004.

She specifically referred to the bank’s refusal to allow her to make transactions on Account 000326118 including payment of N514, 800,000 to Global Apex Air Limited, through Heavywind Integrated Services, for the lease of a bombardier Jet.
She said she had lost a lot of business goodwill since her accounts were frozen including

1. The loss of $1,000,000 deposited with Global Apex Air Ltd. Due to her in ability to pay accrued costs in line with Aircraft Lease Agreement which was occasioned by the failure of the Defendant to oblige the Claimant’s payment instruction to Heavywind Integrated Services.

2. Loss of business opportunities and goodwill occasioned by her inability to operate her account domiciled with the Defendant due to its freezing.

3. Loss of reputation occasioned by the Defendant’s wrongful dishonouring of her payment instructions to third parties.

But in a letter to Shagaya’s counsel, the bank said it has a legal and ethical responsibility to render assistance to law enforcement agencies.

“While the bank respects the contractual nature of the relationship with your client, it is without prejudice to the bank’s standing as a responsible law abiding corporate citizen.

“In spite of the bank’s contractual relationship with your client, that relationship is not without a legal and ethical responsibility to render assistance to law enforcement agencies when required of the bank.

“Litigation against the bank will therefore not be necessary in the circumstance,” part of the letter read.

BIG STORY

Ogun Police Command File Six-Count Cyberbullying Charge Against Activist Just Adetoun

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The Ogun State Police Command has filed a six-count cyberbullying charge against Activist Adetoun Onajobi, popularly known as Just Adetoun, declaring her evasive after repeatedly failing to honour police invitations.

The charges, now pending before the Abeokuta Division of the Federal High Court, arose from allegations that Onajobi used social media and other internet-enabled platforms to publish what the command described as false accusations against the Ogun State Government and to bully Governor Dapo Abiodun, contrary to the Cybercrimes Act.

In a statement issued on Monday and signed by the Police Public Relations Officer, Oluseyi Babaseyi, the command said the suspect was invited for questioning on January 2, 2026, but failed to appear.

“On 2nd January, 2026, the Ogun State Police Command invited Adetoun Onajobi for an interview to allow her to respond to allegations arising from her online bullying of the Ogun State Governor,” the statement read.

According to the command, Onajobi, through her lawyer, claimed she was medically indisposed and unable to attend the interview, attaching a medical report allegedly issued by a medical doctor.

“Rather than honour the police invitation, the suspect, through her lawyer, wrote to the Police claiming she was medically indisposed and unable to attend the meeting,” the statement said.

However, the command said investigations later showed that the medical report was false.

“Discreet investigations by the Police confirmed the falsity of the claims contained in the medical report,” the statement noted.

Babaseyi said the doctor who issued the report was arrested and admitted that the document was fabricated at the suspect’s instruction.

“The doctor subsequently admitted that the entire medical report was a ruse, crafted at the direction of the suspect, Adetoun Onajobi, during a phone conversation between them,” the statement stated.

Following the admission, the doctor was arraigned before a magistrates’ court in the state.

“Consequent upon this revelation, the doctor was arraigned before an Ogun State Magistrates’ Court for conspiracy, uttering a false document, and obstructing the course of justice,” the statement added.

Babaseyi said Onajobi has since avoided all efforts to reach her.

“The suspect, Adetoun Onajobi, has remained evasive and has rebuffed every invitation extended to her by the Police. Her current whereabouts are unknown,” he said.

The spokesperson said the command would exhaust all lawful means to ensure she is brought before the court.

“Having reneged on her prior undertaking to honour police invitations, the Command will exhaust all lawful means to apprehend and produce her before the Court to answer the charges already filed against her,” the statement read.

The command also stressed that freedom of expression has limits under the law.

“Constitutionally protected activities such as free speech have lawful limits and do not grant immunity from criminal conduct,” the statement said.

It was earlier reported that the command confirmed inviting Onajobi following a petition over a series of videos she posted on her social media platforms criticising Governor Abiodun’s performance in office.

In the videos, the Ogun State-born activist accused the governor of abandoning victims of a road accident involving Nigerian-born British boxer, Anthony Joshua, who lost two friends and trainers when their vehicle collided with a stationary truck along the Lagos-Ibadan Expressway in December 2025.

Onajobi alleged that the state government had “no single functional ambulance” and claimed that while emergency medical services were lacking, the governor preferred “spending public funds on parties rather than addressing urgent public needs”.

She also alleged that although the state could not procure a functional ambulance, it was able to purchase SUVs for local government chairmen in December 2025.

The command said investigations were ongoing and that other suspects connected to the alleged dissemination of false information were being trailed.

 

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BIG STORY

JUST IN: FCTA, FCDA Workers Begin Strike, Shut Down Offices

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Workers of the Federal Capital Territory Administration and the Federal Capital Development Authority commenced an industrial action on Monday, shutting down government activities across Abuja.

Our correspondent, who visited the FCTA Secretariat at 8:10 a.m., observed a heavy security presence at the entrance, with personnel from the Nigeria Security and Civil Defence Corps and the Nigeria Police Force stationed at the gate. Workers were barred from entering the premises.

The strike is expected to affect all FCTA secretariats, departments, agencies, area councils and parastatals, effectively grounding official activities within the Federal Capital Territory.

A security personnel who spoke to our correspondent on the condition of anonymity said, “Staff of FCDA, FCTA are not allowed into the office premises because of the strike.”

The action followed an earlier announcement by workers on Friday, in which they declared plans to shut down government offices across the FCT and its area councils.

The decision was taken by the Joint Union Action Congress, which directed workers in all cadres within the FCT to withdraw their services, citing what it described as the authorities’ “failure to address long-standing labour and welfare demands.”

It was gathered that the decision followed the expiration of a seven-day ultimatum issued to the FCTA management, which the unions said was met with silence despite a series of meetings held during the period.

The ultimatum, which took effect from January 7, 2026, was contained in a statement dated January 8 and signed by the JUAC President, Comrade Rifkatu Iortyer, and the Secretary, Comrade Abdullahi Saleh. Copies of the notice were also forwarded to the Minister of State for the FCT, the Chief of Staff, the Head of Service and the Director of Security Services.

According to the unions, unresolved issues include outstanding promotion arrears, stalled promotions and the continued extension of service for retired directors and permanent secretaries. They also alleged that the administration had failed to remit workers’ pension contributions and National Housing Fund deductions.

JUAC also raised concerns over the conduct of the 2024 promotion examinations, describing the exercise as a failure that reportedly affected most of its candidates.

Details later….

 

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BIG STORY

JUST IN: Impeachment of Fubara, Deputy’ll Continue ——- Rivers Lawmakers

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Members of the Rivers State House of Assembly have insisted that the impeachment process against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, will continue, describing it as the only solution to the political crisis in the state.

The lawmakers made this known on Friday while briefing journalists, after the Assembly failed to reconvene on Thursday as scheduled.

Taking turns to address the media, the legislators maintained that the impeachment proceedings were constitutional and in line with their legislative responsibilities.

They dismissed criticisms of the process, insisting that the Assembly was acting within the provisions of the law to address what they described as a political impasse in Rivers State.

The briefing came a day after the Assembly, led by Speaker Martin Amaewhule, failed to resume plenary on Thursday, exactly one week after adjourning its last sitting.

The House had, at its sitting last week, initiated impeachment proceedings against Fubara and his deputy over alleged gross misconduct.

The allegations included the demolition of the Assembly complex and spending public funds without legislative approval.

However, the impeachment move has faced political pushback, with four lawmakers between Monday and Wednesday formally withdrawing from the process and calling for an amicable resolution of the crisis.

Despite expectations that the Assembly would reconvene on Thursday, there was no indication that plenary held, fuelling speculation about internal divisions within the House.

The lawmakers, however, said on Friday that the impeachment process remained on course.

More details later…

 

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