Crime & Court
Obasanjo’s $16bn Power Project: EFCC Begins Probe, Arrest Four
The Economic and Financial Crimes Commission (EFCC) on Wednesday detained two top officials of the Niger Delta Power Holding Company (NDPHC), the company which supervised execution of the $16 billion failed power projects.
The officials are Head of Finance Marvel Emefiele and Head of Compensation Eze M. C. Odigbo.
They are expected to account for the N850 million earmarked as compensation to communities where components of the power project were sited
Others in EFCC’s net are Managing Director of Pivot Engineering Mr. Richard Ayibiowu and the Managing Director of Chris Ejik Nigeria Limited Mr. Christain Ejik Imoka.
Detectives are on the trail 18 more suspects including two former governors, a former chairman of a bank and a former chairman of an airline.
About 15 more companies are also on the EFCC radar, it was learnt last night. There are fears that some of the suspects might have secretly relocated abroad.
President Muhammadu Buhari has repeatedly wondered how $16 billion was spent on power and there is no electricity generated. He subsequently ordered a probe into the expenditure.
A source in the anti-graft commission said: “The NPDHC officials are being detained by the EFCC, following their alleged involvement in bogus payment and diversion of about N850million compensation to communities where the components of the power projects were sited.
“Investigation revealed that approval was granted for the payment of N84billion to the communities where transmission lines of the power project are meant to be laid.
“Investigators discovered that there were serious issues arising from the payment of the compensation to the communities.
“Though about N50 billion compensation was said to have been paid to the communities, the contractors were said to have been prevented from working by the communities over non- payment of the same compensation which the NPDHC records claimed had been paid.
“Emefiele was said to have approved the payment of N850million as NPDHC Head of Finance while Odigbo, Head of Compensation reportedly effected the compensation to the communities. The two officials are being quizzed over the propriety of the matter.
“The Managing Director of Pivot Engineering, Mr. Richard Ayibiowu, is being detained over alleged payment of N350million to the communities. Part of LOT 8 of the power project, Ihiala /Orlu Transmission Line, was not executed by Pivot Engineering due to the alleged claim of hostility by the communities while about N350million was on record as paid to the same communities. Mr. Oba Otudeko is the chairman of Pivot Engineering.”
“The Managing Director of Chris Ejik Nigeria Limited, Mr. Christain Ejik Imoka, is being detained over controversial payment of N500million contract LOT 14, which ought to include Lekki-Ajah Transmission Line, which was not executed. But money was paid to that effect.
“The detained officials allegedly failed to honour previous invitations from the commission.”
The source said: “We have invited about 15 companies implicated in the mismanagement of funds meant for the power projects. One of the firms got four contracts but was only able to put in place 30 per cent of the construction. The firm also claimed that it imported certain materials since 2013 and lying in Onne Port without clearing.”
NAN
Crime & Court
Human Rights Lawyer, Dele Farotimi, Granted ₦30m Bail
A Magistrate Court sitting in Ado Ekiti, the Ekiti State capital, has granted human rights lawyer and activist, Dele Farotimi, bail to the tune of ₦30 million. The court also mandated Farotimi to provide three sureties with landed properties within its jurisdiction.
As part of the bail conditions, the court ordered Farotimi to refrain from granting media interviews and to submit his international passport to the authorities. The case has been adjourned to February 13, 2025, for further proceedings.
Farotimi, who had been remanded at a correctional center in Ado Ekiti, arrived at the court premises on Friday at approximately 9:45 a.m. He was conveyed in a prison van accompanied by a police escort. Upon arrival, the embattled lawyer raised his hands in appreciation of a cheering crowd that had gathered outside the court to show their solidarity.
The human rights advocate is facing prosecution for allegedly defaming a Senior Advocate of Nigeria (SAN), Afe Babalola. His arrest has ignited widespread public outcry, with many Nigerians and civil society groups condemning the action and demanding his immediate release.
Farotimi’s detention and subsequent arraignment have fueled debates about the boundaries of free speech and defamation laws in Nigeria, with critics arguing that the case may stifle dissenting voices in the country.
Crime & Court
Anambra: Police Arrest Man with Gun Hidden in Rice Bag
Police operatives have apprehended a 25-year-old man, Enediong Bassey, in possession of a pump-action gun concealed in a bag of rice at Nkwelle-Ezunaka.
The suspect, a native of Ikono Local Government Area in Akwa Ibom State, was arrested on November 22, 2024, at 6:38 pm following credible intelligence.
This was disclosed in a statement issued on Tuesday by the Police Public Relations Officer, Anambra State Command, SP Tochukwu Ikenga.
The statement revealed that officers attached to the 3-3 Divisional Headquarters, led by CSP Emeka Obi, acted swiftly to intercept Bassey.
During interrogation, he admitted to being a member of a local vigilante group but confessed to plans of absconding with the weapon to join a criminal gang involved in armed robbery and other illicit activities.
“Given the above and following other complaints and unprofessional conduct by some security outfits and vigilante members, the Commissioner of Police, CP Nnaghe Obono Itam, in line with the principles of community policing, reiterates the calls for profiling of security operatives assisting the police and other security agencies on anti-crime operations to improve safety in the state,” the statement read.
In light of the situation, the Commissioner of Police has directed the immediate transfer of the suspect to the command’s anti-robbery squad for a thorough investigation.
The Anambra State Police Command reassured residents of its commitment to ensuring the safety and security of lives and property, urging vigilance and collaboration with law enforcement.
Crime & Court
Bloggers Denied Bail Over Alleged Blackmail of GTCO, CEO, Citing Repeat Offenses
Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of four bloggers accused of defaming and cyberstalking the management of Guaranty Trust Holding Company (GTCO), including its Group CEO, Mr. Segun Agbaje.
The defendants—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—face a 10-count amended charge for allegedly publishing false and defamatory content about GTCO on various social media platforms.
During proceedings on November 13 and 14, Justice Faji dismissed their bail applications, citing the severity of the charges, which carry potential penalties of up to 14 years in prison.
The judge specifically noted that Precious Eze had previously been charged with a similar offense in another court and was on bail at the time of the alleged actions, demonstrating a likelihood of reoffending.
Justice Faji emphasized the destabilizing impact such actions could have on the banking sector, pointing to the cross-border nature of some of the allegations.
“The regulatory oversight of institutions like the Central Bank of Nigeria (CBN) should not be undermined by false claims,” the judge remarked, referencing GTCO’s CBN-approved audited statements.
At the previous hearing, defense counsel Afolabi Adeniyi had urged the court to grant bail on liberal terms, arguing that the defendants were ready to stand trial.
However, the prosecution counsel, Chief Aribisala, SAN, opposed the motion, raising concerns about the defendants potentially absconding and stressing the need for a swift trial.
In his ruling, Justice Faji rejected the defense’s plea, ordering an expedited trial to address the case’s significant implications for the financial industry.
The trial has been adjourned to December 10 and 12 for continuation.
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