EFCC
Alleged $525,276 Mining Fraud: How Victor Ekpong Thompson Used Forged Mining Licence to Defraud American Investors — Witness
A Second Prosecution Witness (PW2), Michael Eyo, in the trial of Victor Ekpong Thompson, has told a Federal High Court sitting in Uyo, Akwa Ibom State, presided over by Justice Maurine Adaobi Onyetenu, that the defendant forged his mining licence and used the forged document to defraud three American investors: Tammy Jensen, Kenneth Blad, and Peter Jensen, to the tune of $525,276.
Thompson was first arraigned on January 29, 2026, on eight counts bordering on conspiracy, advance fee fraud, criminal breach of trust, criminal misappropriation, and stealing, to which he pleaded “not guilty”.
One of the charges reads:
“That you, Victor Ekpong Thompson, on or between January 2025 and June 2025 in Nigeria, within the jurisdiction of this Honourable Court, with intent to defraud, did fraudulently obtain the total sum of One Hundred and Twenty-Three Thousand and Thirty United States Dollars ($123,030) from Tammy Jensen, Peter Jensen, Kenneth Blad and others (joint unsuspecting investors), under the pretense of investing the money in mining of mineral resources and a Deep Sea Port business, and thereby committed an offence contrary to Section 1(1)(b) of the Advance Fee Fraud and Other Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.”
While addressing the court, Eyo stated that he owned a mining site located in Biase Local Government Area of Cross River State. He further testified that the defendant tricked him into releasing his mining licence, photographed it, and used it as his own to defraud unsuspecting investors.
“The fraudster asked me to bring the original copy of my licence to verify its authenticity. Thereafter, he snapped the licence, not knowing he was doing so in order to forge it and convince investors,” he said.
Defence counsel, Madu Uwem Amamko, had earlier moved a motion for bail on health grounds, which was opposed by the prosecution counsel, Joshua Abolarin, on the basis that the defendant’s health was not in danger.
After listening to arguments from both counsel, Justice Onyetenu reserved ruling on the bail application until June 8, 2026.
Earlier in the trial on March 26, 2026, one of the defrauded investors, Tammy Jensen, while giving evidence-in-chief, recounted how she met Thompson on Facebook in August 2022, and how he represented himself as a dealer in precious stones. She stated that he persuaded her and other investors to fund a mining project under a proposed company, Arch Royale Projects Limited, to be situated in Iwuru Community, Biase Local Government Area of Cross River State.
She further told the court that Thompson also introduced an additional investment opportunity in a Deep Sea Port project in Akwa Ibom State, which promised substantial returns. According to her, between 2023 and 2025, a total of $525,276 was transferred to Thompson’s bank account. She said her visit to the site revealed that the entire arrangement was a fraudulent scheme designed to defraud her and other investors.
Thompson’s arrest stemmed from a petition dated October 18, 2025, filed on behalf of a group of foreign investors from the United States of America, namely Tammy Jensen, Kenneth Blad, Peter Jensen, Beth Southwick, and Angie Craven.
According to the petition, Thompson allegedly contacted Tammy Jensen on August 20, 2022, via Facebook, presenting himself as a legitimate businessman involved in the exploration of precious stones such as emerald, ruby, and sapphire. He reportedly gained the trust of Jensen and her associates by presenting false credentials and convincing them to invest in a mining venture and a purported Deep Sea Port project.
In the mining scheme, Thompson allegedly introduced Arch Royale Projects Limited as an operational company, despite knowing that it was not registered with the Corporate Affairs Commission at the time. He claimed to have secured a mining site in Iwuru Community, Biase Local Government Area of Cross River State. Investigations showed that he inflated operational costs, withheld funds meant for workers, and used staged photographs and fabricated updates to sustain the deception.
Similarly, in the Deep Sea Port scheme, Thompson allegedly claimed involvement in a $6.7 billion project, invoking the names of senior government officials to mislead investors. He reportedly requested $110,000 as documentation fees, falsely claiming that other required funds had already been provided by government officials.
In total, the petitioners allegedly transferred $525,276 between June 2023 and August 2025 through Wells Fargo Bank, Chase Bank, WorldRemit, and into accounts linked to him.
Suspicion intensified when Jensen visited Nigeria in June 2025 and discovered inconsistencies in Thompson’s claims.
Investigations also revealed that substantial portions of the funds were diverted for personal use. Assets traced to Thompson include a two-storey duplex at Shelter Afrique Estate, Uyo; a Toyota Hilux; and a grey Lexus RX 350.
Dele Oyewale
Head, Media & Publicity
May 21, 2026
EFCC
Alleged $6bn Mambilla Project Fraud: Witness Clarifies Certification of FEC Meeting Extracts
The Fifth Prosecution Witness (PW5) in the trial of former Minister of Power, Olu Agunloye, on Wednesday, June 10, 2026, clarified issues surrounding the certification of the extract of the minutes of the Federal Executive Council (FEC) meeting of May 21, 2003, before Justice Jude Onwuegbuzie of the Federal Capital Territory (FCT) High Court, Apo, Abuja, following a formal request by the Economic and Financial Crimes Commission (EFCC) for certified extracts of the meeting.
The former minister is facing prosecution on an amended seven-count charge bordering on alleged official corruption and the fraudulent award of the Mambilla Power Project contract worth $6 billion to Sunrise Power Transmission Company Limited.
The witness, Iliya John Iyakwari, an Assistant Director of Legal in the Federal Ministry of Justice, currently serving in the Federal Ministry of Power as an Assistant Legal Adviser since August 2014, stated during cross-examination by defence counsel, Adeola Adedipe, SAN, that the request for a certified copy of the extract of the FEC meeting of May 21, 2003, was received from the EFCC in July 2023.
He explained that the certification was eventually done in 2024 because, upon receipt of the request letter from the User Department, the Legal Department forwarded a memo to the EFCC dated July 27, 2023, but the initial copy sent to the Commission was not certified, prompting the EFCC to return it.
“It was after it was received by the EFCC in July 2023 that they realised the extract was not certified. So, in January 2024, a staff of the EFCC brought back Exhibit Three K to my Legal Adviser, and the name of the EFCC staff is Babangida.
“He brought it personally and reminded my director that it was not certified. My director then gave me the document to certify. That is why my lord will see on the face of the document that the date it was certified, January 26, 2024, is different from the date it was forwarded. It was in the process of certification that I mistakenly stamped the original forwarding letter dated June 27, 2023. After stamping the document, I gave it back to my director, who I believe handed it over to Babangida because I left them afterwards,” he said.
When asked whether his earlier testimony suggesting certification in June 2023 was contradictory, prosecution counsel, Abba Mohammed, SAN, defended the witness’ position, insisting that the testimony was not contradictory and that court records spoke for themselves.
“My lord, I object to this particular question anchored on Exhibit PW5A, which was just tendered in court. What I see in our record, and what I believe is reflected in the records of the court, is that in his explanation, he summarised that all these activities were done in June 2023; he never said the certification was done in 2023.
“This objection is founded on Section 36 of the 1999 Constitution of the Federal Republic of Nigeria, which is superior to the Evidence Act. We will rely on the record of the court, particularly line 16,” he said.
The witness was also asked whether the document tendered in court by Babangida during his testimony was a different extract of the FEC meeting from the one he certified.
The prosecution counsel again objected, arguing that the witness, in line with court procedure, was absent from the courtroom during Babangida’s testimony and therefore could not be cross-examined on a document that was not tendered through him. He cited the case of Buhari v. INEC & Others (2008).
Justice Onwuegbuzie adjourned the matter until June 18 and July 2, 2026, for the continuation of trial.
EFCC
EFCC Arraigns Three Over Alleged ₦10bn Fidelity Bank Fraud in Lagos
The Economic and Financial Crimes Commission (EFCC) has arraigned three men and another suspect currently at large before the Lagos State High Court sitting in Ikeja over an alleged ₦10 billion fraud involving Fidelity Bank Plc.
The defendants, identified as Ibeh Emmanuel, Chidiebere Ihekoronye, Akubuo Chimuanya, and Austen Peaks Aniekan, who is currently at large, were brought before Justice Olubusola A. Okunuga on Wednesday on a five-count charge bordering on conspiracy, obtaining by false pretence, possession of fraudulent documents, and forgery.
According to the EFCC, the defendants allegedly conspired to fraudulently obtain ₦10 billion from Fidelity Bank Plc through forged documents and false representations.
One of the charges alleged that on or about April 16, 2026, the defendants, with intent to defraud, conspired among themselves to obtain the sum of ₦10 billion from Fidelity Bank Plc by falsely claiming that Maton Engineering Limited, which maintains account number 4011468821 with the bank, had issued an irrevocable standing order directing the reservation, blocking, and transfer of the funds in favour of Prospera Finance Limited, domiciled with Wema Bank Plc.
The anti-graft agency stated that the representation was false and that the defendants were fully aware of its falsity at the time it was made.
The commission further alleged that the defendants attempted to obtain the said amount based on the same purported instruction and false representation.
According to the charge, the alleged offences contravene Sections 1(1)(a), 8(a), and 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
The EFCC also accused Emmanuel of being in possession of a document purportedly issued by Fidelity Bank Plc confirming the existence of blocked funds amounting to ₦10 billion in favour of Prospera Finance Limited, which he allegedly knew to be false.
In addition, the defendants were accused of forging a document titled, “Confirmation of Ten Billion Naira (₦10,000,000,000.00) Blocked Funds in Favour of Prospera Finance Limited,” purportedly emanating from Fidelity Bank Plc.
The commission alleged that the document was knowingly fabricated without lawful authority, contrary to Section 365(1) of the Criminal Law of Lagos State, 2015.
When the charges were read to them, the defendants pleaded not guilty.
Following their plea, prosecution counsel, A.A. Usman, urged the court to fix a date for trial and requested that the defendants be remanded in a correctional facility pending the determination of their bail applications.
Justice Okunuga subsequently ordered that the defendants be remanded at the Ikoyi Correctional Centre and adjourned the matter until June 18, 2026, for the hearing of their bail applications and the commencement of trial.
The EFCC stated that investigations into the alleged fraud are ongoing, while efforts are being intensified to apprehend the fourth defendant, Aniekan, who remains at large.
EFCC
EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Tuesday, June 9, 2026, arraigned a social media influencer, Okoro Blessing Nkiruka (a.k.a. Blessing CEO), before Justice R.A. Oshodi of the Special Offences Court sitting in Ikeja, Lagos, over an alleged ₦69,150,000 fraud.
Nkiruka was arraigned on a two-count charge bordering on obtaining money by false pretence and stealing to the tune of ₦69,150,000.
At the commencement of proceedings, prosecution counsel, C.C. Okezie, urged the court to proceed with the arraignment, arguing that the defendant had been duly served with the charge.
However, defence counsel, Nkama Nneka, informed the court that service of the charge had only recently been effected.
In his ruling, Justice Oshodi held that the arraignment should proceed in accordance with the law. Consequently, the charges were read to the defendant.
Count one reads: “That you, OKORO BLESSING NKIRUKA, on or about March 21, 2025, in Lagos, within the jurisdiction of this Honourable Court, by false pretence and with intent to defraud, induced Hope Chiropractic Health Clinic Limited to confer a benefit of ₦69,150,000 (Sixty-Nine Million, One Hundred and Fifty Thousand Naira) on you under the representation that the property located at No. 1 Tunbosun Osobu Street, Lekki, belonged to you and was leased to the company for a period of five years, a representation you knew to be false, thereby committing an offence contrary to Section 1(2) and punishable under Section 1(3) of the Advance Fee Fraud and Other Related Offences Act.”
Count two reads: “That you, OKORO BLESSING NKIRUKA, on or about March 21, 2025, in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the sum of ₦69,150,000 (Sixty-Nine Million, One Hundred and Fifty Thousand Naira), being the property of Hope Chiropractic Health Clinic Limited, thereby committing an offence of stealing contrary to Section 280(2) and punishable under Section 287 of the Criminal Law of Lagos State, 2015.”
The defendant pleaded “not guilty” to the charges when they were read to her.
Following her plea, Okezie asked for a trial date and prayed the court to remand the defendant in EFCC custody pending her scheduled arraignment before the Federal High Court, Ikoyi, Lagos, on June 10, 2026, in another alleged fraud case.
Consequently, Justice Oshodi remanded the defendant in EFCC custody and adjourned the matter till July 16, 2026, for the hearing of the bail application and commencement of trial.
In a related development, Justice D.I. Dipeolu of the Federal High Court, Ikoyi, Lagos, on Tuesday, June 9, 2026, granted Blessing Nkiruka, who is being prosecuted for an alleged ₦36 million fraud, bail in the sum of ₦10 million with two sureties in like sum.
One of the sureties must be a family member and is required to provide proof of employment, a Bank Verification Number (BVN), National Identification Number (NIN), and a valid phone number.
The sureties must also submit a valid international passport, tax clearance certificates for the last two years, and six passport photographs.
The defendant was earlier arraigned on a two-count charge by the Lagos Zonal Directorate 1 of the EFCC bordering on obtaining money by false pretence and stealing to the tune of ₦36 million.
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