Crime & Justice
Breaking: Court Orders Forfeiture of N5bn worth of Shares Linked to Ex-Army Properties Director
Justice Dehinde Dipeolu of the Federal High Court in Lagos on Tuesday ordered the final forfeiture of 245,568,137 shares, valued at over N5 billion, traced to Major General Umar Mohammed, former Group Managing Director of Nigerian Army Properties Limited (NAPL), and businessman Kayode Oladipupo Filani.
The order followed an application by the Economic and Financial Crimes Commission (EFCC), which alleged that the shares were acquired with proceeds of unlawful activities during Mohammed’s tenure as head of the Army’s property company.
EFCC counsel, Hanatu Kofanaisa, informed the court that a Special Court Martial had already convicted Mohammed on 14 of 18 counts bordering on stealing and related offences. She argued that the Commission had met all requirements for the interim forfeiture order, including publication in a national daily, and noted that no objection had been filed against the application.
After reviewing the motion, Justice Dipeolu held that the EFCC’s application was meritorious and ordered the shares permanently forfeited to the Federal Government, for the benefit of Nigerian Army Properties Limited.
The judge ruled that since the statutory conditions for final forfeiture had been satisfied and no opposition was raised, the application must succeed.
The application was brought under Section 44(2)(b) of the 1999 Constitution and Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
The forfeited assets were held in accounts operated by Rowet Capital Management Limited and Resort Securities & Trust Limited, in the name of Awhua Resources Limited, a company linked to Mohammed.
Among the forfeited holdings are millions of shares in major companies including Cadbury Nigeria Plc, Conoil Plc, Dangote Sugar Refinery Plc, Eterna Plc, Flour Mills Plc, Japaul Gold & Ventures Plc, NASCON Allied Industries Plc, Oando Plc, University Press Plc, and Vitafoam Nigeria Plc. The stock portfolio also includes significant holdings in Nigerian Aviation Handling Company (NAHCO), PZ Industries, Transcorp, Okomu Oil Palm, May & Baker, Ecobank Transnational Incorporated, Union Bank of Nigeria, and Unilever Nigeria Plc.
According to EFCC investigations, properties belonging to the Nigerian Army were illegally sold under Mohammed’s leadership, with proceeds diverted into stock acquisitions to conceal the origin of the funds.
In support of the application, EFCC investigator Nwike Fortune deposed to an affidavit detailing how Mohammed abused his office. He stated:
“The Commission received a petition from Nigerian Army Properties Limited against FCCNAPL Properties Limited, Alhaji Muhammadu Dahiru Wada, Maj. Gen. U.M. Mohammed, Yusuf Abubakar Abdullahi and Kayode Oladipupo Filani. The petition chronicled how properties belonging to Nigerian Army Properties Limited were fraudulently sold without recourse to the Board of the company by Maj. Gen. Mohammed, who was the Managing Director at the time.”
He further explained that the proceeds from those sales were used to acquire the forfeited shares:
“Preliminary investigations revealed that proceeds of the sales of the properties were used in the acquisition of shares in different companies now sought to be finally forfeited. The stocks contained in the attached schedules were acquired with part of funds fraudulently obtained by Maj. Gen. Mohammed’s unlawful activities whilst Managing Director of Nigerian Army Properties Limited.”
The affidavit also disclosed that Mohammed, in an attempt to conceal the illicit funds, used his company, Awhua Resources Limited, to acquire the shares through accounts operated by Rowet Capital Management Limited and Resort Securities & Trust Limited.
The ruling comes after the EFCC had earlier secured the forfeiture of five properties also linked to Mohammed, following his conviction by a military court martial.
Crime & Justice
BREAKING: Two Chinese Directors Jailed 46 Years Each Over ₦3.4bn, $2.5m Crypto Fraud in Lagos
Crime & Justice
Police Foil Dispatch Officer’s Staged Kidnapping in Edo Over ₦1.3m Gambling Loss
The Edo State Police Command has uncovered a staged kidnapping involving a 21-year-old dispatch officer who allegedly attempted to conceal a ₦1.3 million gambling loss.
The Police Public Relations Officer of the Command, Moses Yamu, disclosed the incident in a statement issued on Monday.
According to the statement, the case was reported on January 30, 2026, at about 4:00 pm, when one Moses Ekes informed the Okpella Police Division that his nephew, David Ekes, an employee of Dibecs Industry Limited, had been missing since January 27.
“On 30/01/2026 at about 1600hrs, one Moses Ekes ‘M’, of Dibecs Industry Limited, reported at the Okpella Police Division that his nephew, David Ekes ‘M’, aged 21 years, a dispatch officer with the company, dark in complexion, about 5ft tall, and fluent in Ijaw and English, had been missing since 27/01/2026 at about 2030hrs.
“The said David Ekes left his quarters alone on a black, unregistered motorcycle from Factory 2 to Factory 3, contrary to company policy, and was not seen or heard from thereafter. The motorcycle was later discovered parked along the road leading to Factory 3 and subsequently recovered to the company’s main office,” the statement read.
Following the report, operatives of the Okpella Police Division visited the scene, searched the surrounding bush and commenced an investigation.
However, in a twist, the police said information was received the following morning, January 31, at about 8:00 am, that the missing dispatch officer had returned on his own in a weakened state.
“He was taken to a hospital in Okpella, where police operatives visited and monitored his condition,” the statement added.
Upon his discharge, the suspect initially claimed that he had been kidnapped by three unidentified men who allegedly forced him to trek barefoot through the forest for more than three days, during which his Tecno Camon mobile phone was taken and funds withdrawn from his First Bank account.
However, police investigations revealed that the suspect had travelled to Abuja shortly after the incident, sold his mobile phone, lodged in a hotel, and staged his own kidnapping to cover up the missing funds.
“Discrete investigation has revealed that between 25/01/2026 and 26/01/2026, the suspect lost a total sum of ₦1,308,000.00 belonging to his company and a customer through online gambling on a visual sporty betting platform.
“He then immediately travelled to Abuja, sold his mobile phone, lodged in a hotel, and deliberately staged his own kidnapping to cover up the financial loss. The suspect has since confessed to the crime and will be arraigned in court to serve as a deterrent to others,” the police said.
Reacting to the incident, the Commissioner of Police in Edo State, Monday Agbonika, warned members of the public against false distress reports and criminal deception, noting that such actions waste critical security resources and undermine public trust.
He also cautioned young people involved in gambling to act responsibly, warning that addiction often leads to desperation and criminal behaviour.
Crime & Justice
Police Arrest 24-Year-Old Over ₦48.5m Romance Fraud in Lagos
The Airport Police Command has arrested a 24-year-old suspect, Precious Onudhona, over an alleged romance scam involving ₦48.5 million.
The suspect, a native of Delta State, was arrested on February 2, 2026, while attempting to board a flight from Lagos to Asaba, Delta State, following what the police described as “actionable intelligence.”
Confirming the arrest in a statement on Tuesday, the Police Public Relations Officer of the command, ASP Mohammed Adeola, said the suspect was apprehended by operatives of the Anti-Fraud Unit as part of the command’s sustained efforts to prevent criminal elements from exploiting the aviation environment.
Adeola stated, “The Anti-Fraud Unit of the Airport Police Command has arrested a 24-year-old suspect in connection with a large-scale fraud amounting to ₦48,500,000, equivalent to approximately $35,000.”
He disclosed that preliminary investigations showed the suspect became involved in fraudulent activities in 2023 after joining a syndicate specialising in romance-related scams.
According to him, “Investigations revealed that the syndicate targeted unsuspecting victims through social media platforms such as Facebook and Instagram, using false identities and deceptive narratives to defraud them.”
The police spokesperson added that the suspect allegedly posed as “Travis Kevin,” whom he described as “a white American medical doctor,” to gain the trust of his victims.
Adeola said, “The suspect fraudulently created a fake banking domain with fictitious account balances, which he used to solicit funds from victims under the guise of repaying them within a short period.”
He explained that the suspect claimed the funds were required for feeding and medical supplies after allegedly sustaining injuries in the line of duty, noting that the payments were received through cryptocurrency transactions.
Reacting to the development, the Commissioner of Police, Airport Police Command, CP Ogunbode Olufunke, ordered a comprehensive investigation into the case.
Adeola quoted the commissioner as saying, “A thorough and detailed investigation must be conducted to ensure justice is served and that all other members of the fraud syndicate are identified and apprehended.”
She further reaffirmed the command’s stance against criminal activities within airport facilities, stressing that “the aviation environment is a highly sensitive corridor that must not be exploited for unlawful activities.”
The police spokesperson added that the suspect would be transferred to the Interpol Section for further investigation and prosecution.
The arrest comes weeks after the command apprehended another suspected internet fraudster. It was reported earlier this month that operatives of the Airport Police Command arrested a 20-year-old suspect, Essien Akpama, for allegedly defrauding foreign victims—mostly in the United States—of about ₦1.25 billion and several high-end electronic gadgets.
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