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Online news publishers mourn death of GQ suites owner, Aderinwale

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The late GQ Suites Proprietor, Aderinwa

The South-West Group of Online Publishers (SWEGOP) has commiserated with family, friends and associates of Prince Adeoye Aderinwale, the proprietor of GQ Suites, a club and event place, based in Ibadan, the capital city of Oyo State.

Prince Aderinwale, a strategic marketing and communications expert died in his sleep on the 30th of September 2021, few days after he celebrated his 57th birthday.

The online news publishers, in a statement by its Chairman, Olayinka Agboola and PRO, Remi Oladoye,  described the demise of the late Aderinwale as sudden and shocking.

“The demise of this good-natured is a personal loss to our members who used to know the late Mr. Ade Aderinwale as a jolly good fellow who was always willing to support growing businesses with his influence and network.

“We became closer when he was engaged to manage the Guest House of the Nigerian Union of Journalists (NUJ), Oyo State Council, Ibadan and when he later attended the International Institute of Journalism (IIJ) for his PGD programme in Journalism.

“Two days before his untimely demise, he invited our Chairman and the Public Relations Officer of SWEGOP, to a meeting with the Local Organising Committee (LOC) of a conference being planned by the South West Hoteliers Association.

“The essence of the meeting was to open discussion on partnership with SWEGOP on the proposed conference, scheduled for February 2022.

“At the meeting, the late Aderinwale did not only give his colleagues the reason to partner with us, he also suggested to the group that we should submit a proposal for the media package/management of the event. The package was ready and was about to be taken to him when his sudden death was announced”, the statement read.

It continued, “We commiserate with the wife, children, friends, business associates and other members of his extended family and pray that God will give them the fortitude to bear the irreparable loss and grant him eternal rest.”

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Crime & Court

EFCC Re-Arrests Crypto Fraud Kingpin, Friday Audu, Outside Court Premises

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The Economic and Financial Crimes Commission (EFCC) has rearrested Friday Audu, the alleged mastermind of a massive cryptocurrency investment fraud and romance scam, just moments after he was granted bail by a Federal High Court in Ikoyi, Lagos.

In a dramatic turn of events, EFCC operatives intercepted Audu as he stepped out of the court premises on Thursday. The anti-graft officers swiftly bundled him into a waiting white van and whisked him away, while his co-defendants were led off by correctional officers.

Audu, alongside two Chinese nationals, Huang Haoyu and An Hongxu, as well as their company, Genting International Ltd, is facing a 12-count charge bordering on cybercrime. The trio was arraigned before Justice Daniel Osiagor on Monday, March 17, and returned to court on March 20 for their bail hearing.

Despite being granted bail, Audu’s troubles deepened as EFCC officials moved in swiftly. The court had granted him bail in the sum of N50 million, with two sureties—one being a serving director in Nigeria, and the other a Lagos-based property owner willing to surrender title documents to the court. Until these conditions are met, Audu was to remain in correctional custody.

However, his alleged accomplice, Huang Haoyu, was not as fortunate. The court denied his bail application, ruling that his residence status in Nigeria was unclear and that he posed a flight risk. The third defendant, An Hongxu, did not apply for bail and was remanded in custody.

Justice Osiagor adjourned the trial to May 2, 2025.

How It All Started

The EFCC’s case against Audu and his co-defendants stems from a December 2024 sting operation that led to the arrest of 193 foreigners and several Nigerians linked to a sophisticated cyber-fraud network.

According to the prosecution, Audu allegedly spearheaded the recruitment of young Nigerians into the syndicate, which engaged in cyber fraud, cryptocurrency scams, and illicit financial dealings. The EFCC further alleged that the group conspired with one Dualiang Pan (still at large) to access computer systems designed to destabilize Nigeria’s economic and social structure.

The defendants were accused of using young Nigerians to impersonate foreign nationals in online scams, defrauding unsuspecting victims of millions of dollars. Investigators also linked them to a staggering ₦3.4 billion fraud, with proceeds traced to the Union Bank account of Genting International Ltd.

Other fraudulent transactions flagged in the case include:

  • The illegal retention of $1.2 million in a crypto wallet by one Chukwuemeka Okeke.
  • A similar retention of $1.3 million by Alhassan Garba and Ifesinachi Jacobs.
  • Suspicious transfers of ₦106 million and ₦913 million to an account controlled by Dualiang Pan.
  • Unofficial foreign exchange dealings worth over ₦2 billion, allegedly conducted outside the Central Bank of Nigeria’s approved system.

The EFCC maintained that these activities violated multiple provisions of the Cybercrime (Prohibition) Act 2015, the Money Laundering Act 2021, and the Foreign Exchange Monitoring Act 2004.

Battle for Bail

During Thursday’s proceedings, EFCC prosecutor Bilikisu Buhari-Bala opposed bail for the defendants, arguing that they were flight risks and key players in an extensive cybercrime syndicate. She pressed for an accelerated trial instead.

Defense counsels, however, pleaded for leniency. Senior Advocate of Nigeria (SAN) Emeka Okpoko, representing the first defendant, urged the court to grant his client bail on “liberal terms.” Similarly, Clement Onwuenwunor (SAN), who represented Audu, pushed for his client’s release under favorable conditions.

Despite the court’s decision to grant Audu bail, his freedom was short-lived as EFCC officials quickly stepped in to rearrest him, a move that hints at fresh charges or an ongoing investigation.

With the case now set for trial on May 2, all eyes remain on the EFCC and the fate of the alleged crypto fraud syndicate.

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Politics

2027 Presidency: Obi Yet to Declare Intentions as Loyalists Engage SDP

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With Nigeria’s 2027 presidential election drawing closer, fresh political alignments are taking shape, with various stakeholders strategising to position their preferred candidates for the race to Aso Rock. Amidst this, loyalists of former Labour Party (LP) presidential candidate, Peter Obi, have reportedly initiated discussions with the Social Democratic Party (SDP) about a potential move by the ex-Anambra governor.

Speaking on Inside Sources with Laolu Akande, a socio-political programme aired on Channels Television and monitored by our correspondent, SDP’s National Secretary, Dr Olu Agunloye, confirmed that Obi’s associates had approached the party to explore the possibility of his defection.

“Obi’s people came to us to say if Obi comes, would you take him? Of course, we told them: ‘Yes’. I was in that meeting. Some of them are with us, saying that they are preparing the ground, but you have to join SDP. You cannot be in the Labour Party and be telling us Obi is coming without joining us, otherwise, we can’t open our doors for you,” Agunloye stated.

Obi Remains Silent Amidst Speculations

Despite these claims, Obi himself has yet to publicly declare any intention to leave the Labour Party, the platform on which he contested the 2023 presidential election and finished as the runner-up. While his loyalists may be engaging other parties, there has been no official confirmation from the former governor regarding his political future.

Obi, a former governor of Anambra State and a prominent figure in Nigeria’s political landscape, continues to enjoy significant support from his followers, many of whom believe he remains the best alternative to the ruling establishment. However, with the SDP already boasting seven presidential aspirants, the political equation could become more complex if he eventually decides to make a move.

As the countdown to 2027 intensifies, political observers are keenly watching Obi’s next steps, particularly whether he will remain with the Labour Party or seek a fresh platform to relaunch his presidential ambition.

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News

Rivers Sole Administrator Announces Release of Withheld Allocations

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Assures Prompt Salary Payment

 

The Sole Administrator of Rivers State, Ibok-Ete Ibas, has announced the release of withheld local government allocations, assuring that necessary steps would be taken to ensure the prompt payment of workers’ salaries.

Ibas disclosed this on Thursday during a meeting with Heads of Local Government Administrators in Port Harcourt, describing the engagement as a crucial step towards restoring stability and progress in the state.

He lamented the economic hardship in the Niger Delta, noting that despite the region’s wealth of natural resources, many of its people continued to suffer.

“This is unacceptable,” he said, stressing the need for transformation and financial accountability.

The administrator expressed concern over the delay in salary payments across local government areas, acknowledging the struggles of affected workers.

“I feel the pain of the workers,” he stated, assuring them that the withheld allocations had been released and that his administration would ensure prompt payment of salaries.

However, he warned that financial discipline would be strictly enforced, directing all local government areas to submit their wage bills with supporting documents through the office of the Head of Service.

Ibas, a retired Vice Admiral and former Chief of Naval Staff, vowed to scrutinise public funds and take decisive action against mismanagement.

“Good governance is not just a slogan; it is a commitment to changing the negative narrative within the next six months,” he added.

He also emphasised the need for collaboration with traditional rulers and security agencies to enhance grassroots security.

“You must take the lead in ensuring security within your domains,” he charged local government administrators.

Reacting, the President of the Nigeria Union of Local Government Employees (NULGE) and Administrator of Port Harcourt Local Government Area, Clifford Paul, commended the Federal Government for appointing Ibas, attributing the decision to his leadership competence.

He urged the administrator to prioritise workers’ welfare, stating that local government workers were currently owed two months’ salaries.

“With the release of the withheld allocations, we are hopeful that workers will receive their entitlements soon,” he said.

Paul further called on stakeholders to seize the opportunity to rebuild trust and foster unity in the state.

 

 

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