₦airaland Forum

The Federal Government on Wednesday arraigned former Minister of Aviation, Princess Stella Adaeze Oduah, and her co-defendant, Gloria Odita, before the Federal Capital Territory High Court, Maitama, Abuja, on multiple counts bordering on alleged fraud, obtaining by false pretence, and criminal breach of trust, Very Nigerian reports.

According to the charge sheet presented before Justice Hamza Muazu, the defendants were accused of conspiring in January 2014 to obtain a total of N2,469,030,738.90 from the Federal Ministry of Aviation through Broad Waters Resources Nigeria Ltd and Global Offshore Marine Ltd under allegedly fraudulent claims.

In Count One, the prosecution alleged that Oduah and Odita “agreed amongst yourselves to obtain the whopping sum of Two Billion, Four Hundred and Sixty-Nine Million, Thirty Thousand, Seven Hundred and Thirty-Eight Naira, Nine Kobo (₦2,469,030,738.90) … by falsely pretending that the said sum represented ‘Cost of Technical Supervision’ and ‘Security Integrated and Logistics Support Services,’ which representation you knew to be false.”

The offence violates Sections 8(a) and 1(1)(a) of the Advance Fee Fraud Act and is punishable under Section 1(3).

In Count Two, the government alleged that on January 13, 2014, the defendants “obtained the sum of Eight Hundred and Thirty-Nine Million, Seven Hundred and Eighty Thousand, Seven Hundred and Thirty-Eight Naira, Nine Kobo (₦839,780,738.90) … by falsely pretending that the said sum represented ‘Cost of Technical Supervision’.”

Count Three alleges that on February 12, 2014, the defendants obtained ₦1,629,250,000 from the ministry through Global Offshore Marine Ltd, claiming it was for “Security Integrated and Logistics Support Services,” a representation the prosecution says was knowingly false.

In Counts Four and Five, the FG accused Oduah, as minister at the time, of dishonestly misappropriating the same sums earmarked for a contract awarded to 1-Sec Security Nigeria Ltd.

The charge states that she “dishonestly misappropriated the sum … by authorizing the transfer of the said sum, which act is a breach of your official trust,” contrary to Section 311 and punishable under Section 315 of the Penal Code.The charges were read to both defendants, who pleaded not guilty.

The defendants’ lawyers, Chief Onyechi Ikpeazu (SAN) for Oduah and Wale Balogun (SAN) for Odita, subsequently moved bail applications.

Ikpeazu urged the court to grant his client bail on self-recognition, noting that the first defendant has been a Minister of the Federal Republic of Nigeria and has voluntarily flown in from the United States to honour the court summons, and has been on administrative bail with the EFCC.

The Attorney-General of the Federation, Lateef Fagbemi, SAN, who appeared personally for the prosecution, said the government was not opposed to bail.

However, he insisted that the court should set a firm date for the hearing, adding that the defendants were served as far back as November 27, 2025, and are fully aware of the steps they ought to take.

Justice Muazu granted Oduah bail on self-recognition and ordered the defendants to deposit their passports with the court.
Justice Mauzu adjourned the matter to February 12 and 13, 2026, for trial.

Newsgeek24:
https://verynigerian.com/ex-minister-stella-oduah-arraigned-over-alleged-n5bn-corruption-allegations/

Switruth:
Thieves everywhere... How did we get here? People waiting to steal are more than the ones stealing... From head to tail...everyone is just stealing,even the judges that presides over their cases are stealing too.

BondRiv:
The massive corruption of the Jonathan administration.

Cmanforall:
The way these politicians steal from the National treasury is alarming

BondRiv:
The massive corruption of the Jonathan administration.

Cmanforall:
The way these politicians steal from the National treasury is alarming

ezra1990:
Lol...so in summary...all of us are thieves

Newsgeek24:
https://verynigerian.com/ex-minister-stella-oduah-arraigned-over-alleged-n5bn-corruption-allegations/

chisomkachy:
The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.

Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.

Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.

The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.

The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.

Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.

The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.

But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.

During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).

The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.

Section 44 of the Constitution concerns constitutional rights to property.

Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:

“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.

“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”

https://dailytimesng.com/obasa-efcc-withdraws-suit/

Previous Threads:
https://www.nairaland.com/5877642/obasa-64-bank-accounts-linked#89878603

https://wap.nairaland.com/6167844/lagos-assembly-speaker-obasa-efcc#94728150

https://www.nairaland.com/6168612/obasa-court-orders-efcc-freeze#94741534

Bluntemperor:
It's Wicked To Always Come in NBillions to removed from the National Treasury,
While Emiefe is allegedly Carted away NTrillion - from same Nigeria Treasury.
The Truth is that these Politicians and Former Military leaders too-CAN NEVER FINISHED THIS MONEY IN THEIR LIFE TIMES Or Whatever they left for their Families!


•IT'S JUST GREED,GREED AND GREED +INDISCIPLINE
+ UNPATRIOTIC PEOPLE IN NIGERIA SETTINGS

anonimi:
The eyesore on Bourdillon Road
2nd January 2025

Beyond his neighbours, there is something about the sight of people hanging around a president’s residence that does not speak well of his leadership capabilities. Maybe no one has nudged him to see it, but the impression that spectacle on Bourdillon Road generates is that Tinubu enjoys the sight of suffering humans and thrives in—and through— their poverty.

If all these years, impoverished people hang around you and you remain comfortable enough to keep them just so they can be handed tokens of your large heart, then it means you have a pro-poverty mindset. Such a frame of mind is oriented toward cultivating poverty rather than stimulating abundance.

That is why he could unproblematically relate the story of his “friend” who went from using five Rolls Royce to a far-less valued car and not consider the import of the nonsense he was saying. That spurious account was an indication that this is a man for whom poverty—of others, not himself—is an ideal.

https://punchng.com/the-eyesore-on-bourdillon-road/

Love800:
This lady that year with that chief of defense staff during Jonathan administration hijacked alot of funds which was supposed to be used for the country.

casualobserver:
you stole N2.4B when Naira was 140 to $1. That is the equivalent of N25B today. Find N2.4b and settle the case.