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₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds - Politics - Nairaland

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₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Slytiger(op): 4:11pm On Mar 06
N2.5billion Fraud: Ex-Aviation Minister Stella Oduah Offers To Return Stolen Funds In Plea Bargain Deal

Former Nigerian Aviation Minister, Stella Oduah, has indicated her willingness to refund money stolen from the Nigerian government as part of efforts to settle a ₦2.5billion fraud case through a plea bargain arrangement.

Oduah and her co-defendant signalled their intention to pursue the plea deal during proceedings before the Federal High Court in Abuja on Thursday.

The Director of Public Prosecutions of the Federation, Rotimi Oyedepo, informed the court that both defendants had approached the office of the Attorney-General of the Federation to negotiate a plea agreement.

Oyedepo told the court that part of the proposed arrangement includes the refund of funds believed to have been obtained unlawfully.

They have made moves to refund certain amount of money into the government coffers.

What is left is the confirmation of receipt of the bank draft by the government,” Oyedepo was quoted by Newsmen .

Counsel to Oduah, Onyechi Ikpeazu, SAN, confirmed the prosecution’s statement, noting that discussions around the proposed settlement were ongoing.

Lawyer to the second defendant, Favour Osuanya, also acknowledged that negotiations for a plea bargain were in progress.

Following the submissions, Justice Hamza Muazu adjourned the case until March 26 to receive an update on the progress of the plea negotiations.

Earlier, during proceedings on February 12, Oyedepo told the court that the plea bargain move was initiated in line with Section 270 of the Administration of Criminal Justice Act 2015.

He explained that consultations between the parties were still ongoing and requested more time for a report on the negotiations or the commencement of trial.

SaharaReporters in December reported how Stella Oduah, alongside Gloria Odita, were arraigned before an Abuja High Court over an alleged N2.4billion fraud.

According to the prosecution, the defendants allegedly conspired in January 2014 to obtain a total of ₦2,469,030,738.90 from the Federal Ministry of Aviation through Broad Waters Resources Nigeria Ltd and Global Offshore Marine Ltd under fraudulent pretences.

The charges state that Oduah and Odita agreed amongst themselves to obtain the sum of ₦2.469 billion by falsely claiming it represented ‘Cost of Technical Supervision’ and ‘Security Integrated and Logistics Support Services,’ knowing such claims were untrue.

”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).

The News Agency of Nigeria reports that 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 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 authorising 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.

Both defendants earlier denied the allegations and previously pleaded not guilty to the charges.
https://saharareporters.com/2026/03/05/n25billion-fraud-ex-aviation-minister-stella-oduah-offers-return-stolen-funds-plea

Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by LagosOrigin: 4:13pm On Mar 06
What a man can do, a woman can do far more better .

Where is that woman minister of disaster and social intervention under Buhari? That woman stole more than 50 billion naira .
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Racoon(m): 4:14pm On Mar 06
Not only that, get her prosecuted and jailed accordingly. Plea bargain should be totally erased from criminal prosecution.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Ibrahimcoomasie: 4:18pm On Mar 06
I hail ooo. Goodluck Ebele Jonathan.

The other woman, Alison Madueke, is also going through a court process in the UK.

Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Parachoko: 4:33pm On Mar 06
She should be returning more than #2.5b
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by SixSeven: 4:46pm On Mar 06
I remember that year when they made this an ethnic issue and they defended thievery shocked

Nigeria will never progress if you keep playing victim for everything just because s/he is one of us.

Stella Oduah Must Not Be Removed by Onlytruth(m): 9:33am On Oct 20, 2013
Onlytruth:
This woman's ONLY crime is the internationalization of Enugu airport -nothing more!
She is the only minister of aviation courageous enough to give Igboland an international access, and haters have been having SLEEPLESS NIGHTS over this. She must have received threats to her life because of this, hence the purchase of bullet proof cars for herself and her foreign visitors.
Who can blame her for this, except those we are after her life for trying to equalize the country?

I hereby advise every person who would benefit from Enugu International Airport to stand FIRM and so NO to blood hounds who are baying for her blood!
This is not time for foolish patriotism: but who is patriotic in Nigeria except those fleecing and milking her dry anyway, those who feel that they captured the country and must dictate who gets what?

Nothing must happen to Stella Oduah. She is a GREAT minister and public servant. She has achieved more than those before her.
Jonathan must NOT listen to those who do not plan to support him in 2015 anyway. Removing Stella Odua can cost him Igbo support.

Nuff said!
Pro-Stella Oduah Protest

https://www.youtube.com/watch?v=N6WCX1VoDFs

Yoruba, Igbo, Hausa, whatever you are, if you defend a thief, you have no honor.

Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by PigTormentor: 4:46pm On Mar 06
Part of the stealing is not corruption crew.
Just imagine..
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by makavalley(m):
At the end they all go scotfree with all the heavy public funds embezzlement
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by izzou(m): 4:47pm On Mar 06
She wants to run for Senate in 2027. That's why!

May it never be well with all these enemies of Nigeria
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by joseph1832(m): 4:47pm On Mar 06
One wonders, despite the amount of money stolen, Nigeria is still standing. Imagine 2.5 billy and yet...
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by adioolayi(m): 4:47pm On Mar 06
PDP really dealt with Nigeria....

Na wa o
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by givedemwotowoto: 4:48pm On Mar 06
The money will be used to set up a committee to look into the case further cheesy
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by LLMG: 4:48pm On Mar 06
So ashamed of Nigerian politicians.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by LibertyRep: 4:49pm On Mar 06
So she stole true true.

Every other thieves should be given the opportunity to return what they stole " if caught"
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by bigdammyj: 4:49pm On Mar 06
N2.5billion Fraud: Ex-Aviation Minister Stella Oduah Offers To Return Stolen Funds In Plea Bargain Deal
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Guestmale: 4:52pm On Mar 06
Corruption is the bane of Nigeria progress and development.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by SouthSouth1914: 4:52pm On Mar 06
Ibrahimcoomasie:
I hail ooo. Goodluck Ebele Jonathan.

The other woman, Alison Madueke, is also going through a court process in the UK.
The woman you should hail together with the former minister for humanitarian etc. she stole more than those combined!
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by dozymars(m): 4:52pm On Mar 06
You can be sure it will be relooted. They will just pass the looted fund from one looter to another looter.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by dbanjj1629(m): 4:53pm On Mar 06
Yes they did but APC is worse..
adioolayi:
PDP really dealt with Nigeria....

Na wa o
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Angelfrost(m): 4:53pm On Mar 06
Sigh... Trust me, whatever she is willing to return is a mere fraction of what she stole.

This is what they all do, from Ibori, Orji Uzor Kalu, down to Dimeji Bankole... They simply return a fraction of the massively looted funds, and get fresh appointments to continue looting.


You can't fight corruption with Corruption and by corrupt people.

Nigeria might truly be doomed for all eternity.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by DeLaRue: 4:54pm On Mar 06
Returning the stolen money without a court guilty pronouncement will set a bad precedent.

Returning the money is an admission of guilt.

Any public officer or political appointee found guilty of stealing public funds above a certain amount should be barred from holding public office for at least 10 years.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by humberjade: 4:54pm On Mar 06
The money that will still be re-looted. Nigeria nah 'ole gbe, ole gba'...meaning, 'thief carry am, thief collect am'.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by CodeTemplar: 4:54pm On Mar 06
Lol. That N2b is now worth N17B now.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by Sirleo05: 4:54pm On Mar 06
Do we need anything to say again? Is this not enough to say she's guilty.. our system and the way we play with corruption is something else. Imagine, bring some of the money and go free with the rest. I mean, Who will us serious? Can't we be serious for ones in this country and move like every other nation. I tire 😔😔
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by bassdow: 4:55pm On Mar 06
Racoon:
Not only that, get her prosecuted and jailed accordingly. Plea bargain should be totally erased from criminal prosecution.
without plea bargain, government no go see that money. You think the government would agree to plea bargain if they've been able to get those funds ?
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by BreakingNews21: 4:55pm On Mar 06
Looks like newly commissioned ambassador FFK will be on his way to Germany soon. 😉
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by bassdow: 4:56pm On Mar 06
LagosOrigin:
What a man can do, a woman can do far more better .

Where is that woman minister of disaster and social intervention under Buhari? That woman stole more than 50 billion naira .
Money wey no reach wetin man go thief in 10-years, woman go thief am just once. Kai !
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by GloriousGbola: 4:56pm On Mar 06
nice try - but then it better be adjusted for inflation.
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by bassdow:
CodeTemplar:
Lol. That N2b is now worth N17B now.
na to return the capital of probably less than 2-billion naira and keep the rest (accrued interests).
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by b0rn2fuck(m): 4:57pm On Mar 06
Na God for punish all these people, I know why curse no dey work on them
Re: ₦2.5B Fraud: Stella Oduah Offers To Return Stolen Funds by bassdow: 4:59pm On Mar 06
Man go dey take am small small over a very long period of time, BUT woman go use her 5 hands grab more than that at same time, or within a very very short period of time. na why dem dey quick catch them.
1 2 3 Reply

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