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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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Troops Raid Hideout, Arrest Suspected IPOB/ESN Commander and Four Others in Ebonyi

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Troops Raid Hideout, Arrest Suspected IPOB/ESN Commander and Four Others in Ebonyi

By: Zagazola Makama

Troops of the Nigerian Army have arrested a suspected commander of the Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), alongside four other suspects during a targeted raid in Ebonyi state.

Security sources told Zagazola that the operation was conducted at about 1:42 a.m. on April 21 by troops of Sector 2 under Operation UDO KA, following credible intelligence on the location of the suspect.

The sources said the raid targeted the hideout of a wanted suspect identified as Mr. Chinedu Igautu, also known by the alias “Calamity,” who is believed to be a commander within the IPOB/ESN structure operating in Delta State.

Further intelligence reportedly linked the suspect to an attack on police personnel at Okuku-Igbo in Oshimili North Local Government Area of Delta State in February 2026.

According to the sources, troops stormed the hideout located in Nwofe community, Ebonyi Local Government Area, where the suspect and four others were apprehended without resistance.

Items recovered during the operation include five mobile phones and a motorcycle key.

Military authorities said the suspects are currently in custody for further interrogation and investigation.

They added that the operation forms part of ongoing efforts to dismantle criminal and separatist-linked networks operating within the South-East and adjoining states.

The Nigerian Army reaffirmed its commitment to sustained intelligence-led operations aimed at ensuring peace, security, and stability in all affected areas.

Troops Raid Hideout, Arrest Suspected IPOB/ESN Commander and Four Others in Ebonyi

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Troops Arrest Three Suspected Cultists in Imo

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Troops Arrest Three Suspected Cultists in Imo

By: Zagazola Makama

Troops of the Nigerian Army have arrested three suspected cultists following a distress call from a community vigilante group in Imo State.

Security sources Zagazola that the operation was carried out at about 9:00 p.m. on April 20 by troops of 24 Support Engineer Regiment deployed at a location in Onicha.

The sources said the troops responded to reports from members of the Onichibueze community vigilante, who raised alarm over suspected cultists allegedly harassing residents of the area.

“On receipt of the distress call, the troops swiftly mobilised to the community and apprehended three suspected cultists,” a source said.

The suspects were subsequently handed over to the police in Isu for further investigation and necessary action.

Military authorities commended the vigilance of community members and reiterated the importance of timely information sharing with security agencies.

They assured residents of continued collaboration with other security agencies to maintain peace and security across the state.

Troops Arrest Three Suspected Cultists in Imo

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ISWAP Buries 30 Fighters After Devastating NAF Airstrikes in Borno

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ISWAP Buries 30 Fighters After Devastating NAF Airstrikes in Borno

By: Zagazola Makama

Fighters of the Islamic State West Africa Province (ISWAP) have reportedly buried about 30 of their members following devastating airstrikes by the Nigerian military in parts of northern Borno state.

Credible military sources told Zagazola Makama that the terrorists conducted burial rites in the Mallam Fatori axis after a series of precision air interdiction missions carried out by the Nigerian military under Operation HADIN KAI.

The sources said the strikes were executed after intelligence, surveillance and reconnaissance (ISR) reports confirmed the movement of ISWAP fighters along waterways around the Kaniram Island area.

An ISR platform had earlier observed a large number of boats estimated at over 30 positioned along the riverbank, with associated human activity indicating the presence of terrorists coordinating logistics and movement.

Following positive identification, air assets conducted multiple precision strikes on the targets.

“The initial strike disrupted and destroyed several of the boats used by the terrorists for transportation and logistics,” a source said.

Subsequent strikes targeted fleeing and regrouping elements within nearby vegetation, leading to further neutralisation of fighters.

According to Battle Damage Assessment (BDA), more than 30 terrorists were killed across the engagements, while several others were seen escaping into adjoining hideouts.

Further intelligence, including post-strike imagery and intercepted visuals, later confirmed that ISWAP members conducted mass burial rites for those killed during the operation in the Mallam Fatori axis.

“The burial activities observed serve as clear confirmation of the scale of losses inflicted on the terrorist group,” the source added.

In a related development, additional strikes were carried out at nearby locations, including Sowolwolo, where a separate group of terrorists was engaged and eliminated.

Military authorities noted that the sustained air operations have significantly degraded the operational capability of ISWAP elements in the Lake Chad region, particularly their mobility and ability to coordinate attacks.

The Nigerian military reaffirmed its commitment to maintaining pressure on terrorist groups and consolidating gains recorded in ongoing operations aimed at restoring peace and stability in the North East.

ISWAP Buries 30 Fighters After Devastating NAF Airstrikes in Borno

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