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Organisation Underscores Need for Proper Prosecution of financial crimesFraud
Organisation Underscores Need for Proper Prosecution of financial crimes
Fraud
By: Michael Mike
A private organisation, Diamondsmith De’Great Universal Petroleum Company Ltd, has underscored the need for proper prosecution of fraud related cases, noting that this would ensure sustainable growth in the ongoing fight against financial crimes.
Director of Operations/CEO of the organisation, Mr James Abidemi gave the advice at the news briefing on Tuesday in Abuja.
According to him, there is the need for government agencies like Nigeria Broadcasting Corporation and Nigerian Communication Commission to intervene through their Cyber Control Room (CCR) to ensure that publication of allegation of fraud passed prescribed standards.
He said: “This will help to wipe-off detrimental publications against victims of fraud like myself and many others on the internet and national dailies.
“The media should thoroughly investigate issues about fraud before reporting such, to avoid spread of fake news and libel against intellectual property of unsuspecting citizens.
“I want the Federal Government to wade in on issues of fraudsters and save Nigeria and other vulnerable Nigeria’s from the national disaster.
“This is because unbalanced reports can put a country in bad light, so I want the government to intervene in my matter and issues related to illicit financial flows at national and international levels.
“To correct false impression and protect the dignity of vulnerable citizens: to promote the wellbeing of fraud victims and prevent them from unnecessary health implications like shock or depression.”
Abidemi reiterated that there should be proper sensitisation of fraud investigative officers about proper ways to correct the impression that complainants are not always right.
He said that such would enable officers prosecuting fraud related cases thoroughly cross -examine such before prosecution, to avoid defamation or libel caused unsuspecting fraud victims by fraudsters.
He added that: “All Nigerians should not be tagged fraudsters as sometimes tagged abroad; government and the international community, millions of Nigerians do exercise their moral obligation to fight crimes and corruption,” insisting that: “Nigerians are patriotic and must be encouraged in the ongoing fight against financial crimes not just in Nigeria, but Africa at large”.
He observed the practice by security operatives to think that complainant is always right during prosecution hindered criminal justice.
He lamented that most times the police only go after the accused persons without due diligence and then, the matter is thrown to court.
He said: “In my own case, I was invited to Lagos from Enugu by a business associate in May, 2022 who wanted me to help their company initiate payment for goods that were ordered from China and Dubai.
“Unsuspecting, I accepted to assist them indeed, because I have company account in Canada with JD EUROWAY BANCORP & TRUST/ BMO through which my company settles her foreign bills and make funds available for legitimate importation.
“The so-called business associate that brought me to Lagos started deviating from the right business approach of which I later realised they were fraudsters.
“I duly requested for valid pro-forma invoice to ensure legal process of my organisation service delivery to them, rather they provided me with fake pro-forma Invoice.
“When I raised objection to the fake document, the next thing they did was to kidnap me and kept me where I would not have choice, but to do their bidden.”
He revealed that the case has been duly reported to the Police and a court case instituted, to ensure justice.
Organisation Underscores Need for Proper Prosecution of financial crimes
Fraud
News
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
By: Zagazola Makama
Security forces have arrested a notorious kidnapper and major logistics supplier to bandits identified as Y’au Ibrahim Dauda, popularly known as “Gwandara 01”.
Zagazola Makama gathered that the suspect was apprehended by the Scorpion Squad at about 5:40 p.m. on Thursday in Bwari following actionable intelligence.
According to sources , Dauda has been on the wanted list of security agencies for his alleged role in several coordinated kidnapping operations within the FCT, particularly across the Bwari axis, from 2024 to date.
Investigations further linked him to multiple abductions around the Garam area of Tafa LGA in Niger State and Bwari, including the kidnapping of a pastor in 2024 at the El-Rufai Estate, near the Nigerian Law School, Bwari.
The sources said that efforts are ongoing to apprehend other fleeing members of the gang and recover their weapons.
Security forces arrest “Gwandara” notorious kidnap kingpin, logistics supplier in Bwari Abuja
News
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
By: Our Reporter
Vice President Kashim Shettima has arrived in Abuja from Luanda, Angola, after successfully representing President Bola Ahmed Tinubu at the 7th African Union–European Union (AU-EU) Summit held in that country.
The Vice President had on Sunday departed South Africa for Luanda after a successful outing at the 2025 Group of 20 (G20) Leaders’ Summit in Johannesburg, where he also represented the President.
In Angola, Senator Shettima delivered President Tinubu’s statement in which the Nigerian leader intensified the nation’s call for Africa to secure permanent seats with veto-wielding authority on the United Nations (UN) Security Council, insisting that comprehensive reform of the global governance system is long overdue.

The President, in his statement, also tasked the European Union (EU) with co-creating peace and security initiatives alongside its African partners, anchored on African-led frameworks as a pathway to achieving sustainable stability across the continent.
The Nigerian leader reaffirmed the country’s firm commitment to advancing peace, security and democratic governance across Africa, and collaborating with the European Union to build a more stable, just, and prosperous world.
Earlier at the first session of the G20 Leaders’ Summit in Johannesburg, South Africa, the President urged world leaders to come up with a more equitable and responsive system to manage global financial flows and sincerely address the recurring debt crises in a manner that meets the needs of all nations.
In his speech delivered by VP Shettima on Saturday, President Tinubu noted that the multilateral frameworks, currently being relied on, no longer reflect the complexities of the present world, as they were “built in an era far removed from” the present challenges.
At the third session of the G20 Leaders’ Summit on Sunday, the President called for a global framework that benefits communities hosting critical minerals in Nigeria and Africa, ensuring value addition at the source.
He also backed the creation of global ethical standards for Artificial Intelligence (AI), aimed at accelerating development across the world.
VP Shettima Returns To Abuja After Successful Engagements At G20, AU–EU Summits In South Africa, Angola
News
WAFAI COMMENDS PRESIDENT TINUBU FOR RECENT RESCUES; DEMANDS URGENT, DECISIVE ACTION ON NATIONAL SECURITY
WAFAI COMMENDS PRESIDENT TINUBU FOR RECENT RESCUES; DEMANDS URGENT, DECISIVE ACTION ON NATIONAL SECURITY
The Women and Family Advancement Initiative (WAFAI), an NGO focused on family values, societal morals, policy implementation, and advocacy, has commended His Excellency, President Bola Ahmed Tinubu, GCFR, for his resilience and commitment in securing the release of the 38 recently abducted church worshippers in Kwara State and some students from Saint Mary’s Private Secondary School, Papiri, in Niger State.

The Founder & CEO of WAFAI, Dr. Uche Francisca Obi, made the remarks in a press release today at the organization’s headquarters in Abuja. Dr. Obi said, “While we celebrate these victories, more must be done to curb the rising insecurity so that families across Nigeria can rest peacefully.”
She added, “The President’s efforts are greatly lauded, especially the good news that all 25 girls abducted from a school in Kebbi have regained their freedom. However, we are deeply concerned about the silence surrounding other kidnapped students still awaiting rescue. As a family-oriented leader, I share the pain of families yet to be reunited with their wards.”
Dr. Obi urged, “We call on the government to expedite efforts to safely return these students to their parents.”
She concluded, “Prioritizing security and tackling it head-on at this critical period will diminish narratives of foreign interference. Nigeria is a sovereign nation capable of handling its internal matters. With the willpower and right perspective from the government, insurgency can be defeated, restoring hope and self-sufficiency to families nationwide.”
WAFAI Media
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