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N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

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N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

By Michael Mike

The Senator representing Delta North in the National Assembly, Peter Nwaoboshi, who has been on the run months after the Court of Appeal Lagos Division convicted and sentenced him to 7 years imprisonment for money laundering, is finally in prison custody. The lawmaker who was intercepted by operatives of the Economic and Financial Crimes Commission, EFCC, at a Hospital in Lagos on Monday, February 6, was finally remanded in Ikoyi Custodial Centre today, February 8, 2023, to commence his prison term.

The Court of Appeal had in a judgement it delivered on July 1, 2022, sentenced him to prison after it convicted him on a two-count charge of money laundering and also ordered the winding up of his two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, in line with the provision of Section 22 of the Money Laundering Prohibition Act 2021, and their properties forfeited to the Federal Government.

But the lawmaker who was not present in court at the time of the ruling, went underground and refused to present himself to the Nigerian Correctional Service. Instead, he proceeded to the Supreme Court, praying the apex court to not only set it aside the judgment of the appeal court but grant him bail, pending the determination of his appeal.

But in a unanimous decision on January 27, 2023, the apex court dismissed the application. In the lead judgement by Justice Emmanuel Agim, the apex court wondered why Nwaoboshi, who refused to submit himself to the law, would seek the indulgence of the law.

Justice Tijani Abubakar, in his contribution, upbraided the Appellant for filing the bail application while on the run.

“We must make it very, very clear to all Nigerians that nobody is above the law. The government and the governed are subject to the rule of law. And, we must ensure that there is respect for the rule of law”.

The Court of Appeal judgement that convicted Nwaoboshi followed an appeal by the EFCC against the judgment of Justice Chukwujekwu Aneke of a Federal High Court in Lagos, which had on June 18, 2021, discharged and acquitted the lawmaker and his companies.

Nwaoboshi and his companies illegally acquired a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million. Part of the money paid for the property was transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd. The funds are believed to be proceeds of illicit activities of the convict.

One of the counts reads: ” That you, Peter Nwaoboshi and Golden Touch Construction Projects Limited, between May and June, 2014, within the jurisdiction of this honourable court, did acquire a property described as Guinea House, Marina Road, Apapa, Lagos, for the sum of N805million, when you reasonably ought to have known that the sum of N322 million out of the purchase price transferred to the vendors by order of Suinming Electricals Limited formed part of the proceeds of an unlawful activity of fraud and you thereby committed an offence contrary to Section 15(2) (d) of the Money Laundering Prohibition Act of 2011(as amended) and punishable under Section (15)(3) of the same Act.

N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

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DSS, Security Operatives Rescue Two Abducted Children in Kwara, Kill Two Kidnappers

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DSS, Security Operatives Rescue Two Abducted Children in Kwara, Kill Two Kidnappers

By Zagazola Makama

Two children who were abducted by kidnappers were rescued, following a coordinated operation by the Department of State Services (DSS) and other security agencies.

The operation also resulted in the killing of two suspected kidnappers, while several others sustained fatal injuries and fled with gunshot wounds during the encounter.

Zagazola learnt that security forces are continuing clearance operations to track down the remaining members of the kidnapping gang and ensure they are brought to justice.

Further details are expected as the operation progresses.

DSS, Security Operatives Rescue Two Abducted Children in Kwara, Kill Two Kidnappers

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Suspected ISWAP member surrenders to troops in Borno, admits role in attacks on Delwa

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Suspected ISWAP member surrenders to troops in Borno, admits role in attacks on Delwa

By Zagazola Makama

Troops of the 73 Battalion (Motorised), Operation HADIN KAI, have apprehended a suspected member of the Islamic State West Africa Province (ISWAP) who surrendered to troops in Konduga Local Government Area of Borno State.

Security sources told Zagazola Makama that the suspect was arrested at about 6:47 p.m. on July 14 at the Cashew Plantation area during routine security operations.

According to the sources, the suspect confessed during preliminary interrogation that he was an ISWAP member from Warabe, Pulka, in Gwoza Local Government Area and had voluntarily approached the troops to surrender.

The suspect further disclosed that he had dumped his AK-47 rifle in a river before making contact with the troops.

He also allegedly admitted to participating in three separate attacks on Delwa alongside other members of the terrorist group.

Items recovered from the suspect included one bicycle, one cutlass, one bicycle repair solution, one bicycle pump, one spoon, and ₦6,500 in cash.

Military sources said the suspect is in custody and is undergoing further investigation to obtain intelligence that could support ongoing counter-insurgency operations.

The arrest is part of sustained efforts by Operation HADIN KAI to encourage the surrender of insurgents while dismantling terrorist networks operating across the North-East.

Suspected ISWAP member surrenders to troops in Borno, admits role in attacks on Delwa

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Troops rescue three kidnap victims in Plateau, one abducted in Taraba four months ago

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Troops rescue three kidnap victims in Plateau, one abducted in Taraba four months ago

By Zagazola Makama

Troops of Operation SAFE HAVEN have rescued three kidnapped victims during separate operations in Wase and Bassa Local Government Areas of Plateau State.

Security sources told Zagazola Makama that the first operation was conducted at about 9:50 a.m. on July 15 when troops of Sector 2, while on an offensive operation, rescued two kidnapped victims at Dogon Ruwa village in Wase LGA.

Preliminary investigation revealed that the victims had been abducted on March 15, 2026, at Kamna Village in Karim Lamido Local Government Area of Taraba State before they were eventually rescued in Plateau State after about four months in captivity.

The rescued victims were subsequently handed over to the Madaki of Dogon Ruwa Village for further necessary action and reunification with their families.

In a separate operation conducted earlier at about 4:00 a.m. on the same day, troops of Sector 3, in collaboration with local vigilantes and hunters, responded to reports of the abduction of a resident from his home at Kissayip Village in Bassa Local Government Area.

The joint security team successfully rescued the victim and evacuated him to the Danjuma Ogar Medical Centre in Jebbu Bassa for medical attention.

Military sources said the operations form part of sustained efforts by Operation SAFE HAVEN to combat kidnapping and other violent crimes across Plateau State and adjoining areas.

They added that troops have continued offensive and confidence-building operations aimed at denying criminal elements freedom of action and enhancing security across the Joint Operations Area.

Troops rescue three kidnap victims in Plateau, one abducted in Taraba four months ago

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