EBONYI GOVERNOR ORDERS ARREST OF 6 COMMISSIONERS OVER CONTRACT BREACH. (PHOTO).

-
Image
  Abakaliki, Ebonyi State - In a shocking move, Ebonyi State Governor Francis Nwifuru has ordered the arrest of six commissioners and the suspension of the Chairman of Afikpo Local Government Area, Mr. Timothy Nwachi, over alleged involvement in a breach of contract for the construction of 140 housing units for Izzo and Amaze communities. The affected commissioners, who were declared wanted by the state government before their arrest, are: - Professor Omari Omaka (Tertiary Education) - Victor Chukwu (Environment) - Ifeanyi Ogbuewu (Culture and Tourism) - Uchenna Igwe (Local Government and Chieftaincy Matters) - Moses Ekuma (Health) - Felix Igboke (Project Monitoring) According to the Chairman of the State Executive Council Committee on Izzo and Amaze Housing Project, Ilang Donatus, the governor took the action due to the slow pace of work on the project, which was intended to be completed in time for his two-year anniversary in office. "The governor is not happy over the pace of t...
Post a Comment

POLICE ARRESTS CEO OF AAS, COMMENCES INVESTIGATION INTO FRAUD, FINANCIAL EXPLOITATION.(PHOTO). #PRESS RELEASE.

-


 PRESS RELEASE


POLICE ARRESTS CEO OF AAS, COMMENCES INVESTIGATION INTO FRAUD, FINANCIAL EXPLOITATION. 


Dismisses Harassment Claims.


The Nigeria Police Force hereby announce the arrest of one Mr. Jesam Michael, the CEO of Afriq Arbitrage System (AAS), in connection with an ongoing fraud investigation following a report made earlier by Mr. Michael to the Inspector-General of Police (IGP) Special Investigation Unit (SIU), in which he alleged that he had been defrauded of the sum of USD 87 million by one Mr. Abayomi Segun Oluwasesan.


Upon the arrest of Mr. Oluwasesan, he admitted to the charges but contested the amount involved, asserting it was significantly lower than claimed by Mr. Michael. Notably, concerns have emerged regarding a subsequent forfeiture agreement between the parties, which led to the recovery of various assets from Mr. Oluwasesan. The suspicion arose from Mr. Michael's decision to transfer the recovered properties into his personal name rather than that of his company, raising serious questions about his motives.


In addition, numerous investors have reported their inability to withdraw their principal funds or the promised returns from AAS for over 18 months. This prompted a preliminary investigation into the operations of the company. Despite repeated requests from the Nigeria Police Force, Mr. Michael failed to provide verifiable medical records for the alleged operation he underwent, valid evidence of legitimate trading practices, and a viable repayment plan for the affected investors. His lack of credible evidence, especially concerning his claimed health issues, which he suggests hindered his ability to grant full system access, raised serious questions about his credibility and the integrity of AAS.


The Nigeria Police Force firmly dismisses Mr. Michael’s claims of harassment, asserting that the genuine victims are the many innocent and unsuspecting investors who placed their trust and money in the Afriq Arbitrage System, only to face continued uncertainty and financial distress. Mr. Jesam Michael was apprehended today by operatives of the IGP SIU, and a comprehensive interview concerning these allegations, particularly regarding how he and AAS have managed investors’ funds, is currently underway.


The Nigeria Police Force remains committed to serving the public interest, ensuring transparency and accountability throughout this investigation. The Force will continue to uphold our mandate, ensuring a thorough, unbiased investigation aimed at protecting innocent citizens from fraud and financial exploitation. The Force hereby encourages any victims or individuals with information pertaining to these matters to come forward and assist in the investigation. Collaboration is essential to achieving justice.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI

FORCE PUBLIC RELATIONS OFFICER

FORCE HEADQUARTERS,

ABUJA.


29TH JANUARY 2025.

Comments

Post a Comment

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

-
Image
             Gerard Pique,welcomed their first child into the world last year January.Shakira told the magazine that ''I think it takes two to keep it passionate in relationships,a lot of laughter and a lot of fun moments together,that's essential but also affinity,you know.You have to be compatible.I'm really happy where i am right now,with the person that i'm with right now.He seems to want the same things i want,and that's very important''.More pictures below.                                                                                                                    
Read more

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misc...
Read more