Metro
Alleged N1.3bn Fraud: Court Sets Feb 27 to Arraign Obanikoro’s Son, Others
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Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos has scheduled February 27 for the arraignment of Gbolahan Obanikoro, the son of Senator Musiliu Obanikoro, and four other individuals over alleged conspiracy, obtaining by false pretenses, and involvement in a N1,356,057,330.43 billion fraud.
Others to be arraigned alongside Obanikoro are: Adejare Adegbenro, 51; Balmoral International Limited; M.O.B. Integrated Limited; and DDSS International Company Limited.
Justice Lewis-Allagoa set the date on Friday after the defendants failed to appear for their scheduled arraignment.
The Inspector General of Police, through the Special Fraud Unit (PSFU) in Ikoyi, Lagos, has accused all the defendants of conspiring between May and September 2013 to fraudulently obtain the sum of N1,356,057,330.43 from Access Bank Plc (formerly Diamond Bank). They allegedly misrepresented themselves to the bank’s staff and officers, claiming they were involved in the business of importing cars from Dubai for sale in Nigeria, and that the money was needed to finance the importation of a set of brand-new cars for resale.
The defendants are also accused of converting, transferring, retaining, or taking possession of the funds, knowing or having reason to know that such funds were proceeds of unlawful activity. Additionally, they are alleged to have unlawfully converted the sum of N1 billion belonging to the bank for personal use.
At the hearing on Friday, prosecutor M.Y. Bello informed the court that the matter was scheduled for the arraignment of all defendants. However, he requested a new date to allow all the defendants to appear in court and take their pleas.
Counsel for the defendants, Joshua A., explained that his clients were not in the country. He added that only the companies named in the charge had been served with the charge sheet. He assured the court that all defendants would be present at the next adjourned date to take their pleas.
In light of these submissions, Justice Lewis-Allagoa adjourned the matter to February 27 for the arraignment of all the defendants.
The five-count charge against the defendants reads: “That you, Adejare Adegbenro, Gbolahan Obanikoro, Balmoral International Limited, M.O.B. Integrated Limited, DDSS International Company Ltd, and other directors of the companies (now at large), between May and September 2013 in Lagos, with intent to defraud, conspired to commit felony, specifically obtaining money by false pretenses, and thereby committed an offense contrary to Section 8(i)(a) and punishable under Section 1(3) of the Advance Fee Fraud and Other Fraud-Related Offenses Act, No. 14 of 2006.
“That you, Adejare Adegbenro, Gbolahan Obanikoro, Balmoral International Limited, M.O.B. Integrated Limited, DDSS International Company Ltd, and other directors of the companies (now at large), between May and September 2013 in Lagos, with intent to defraud, obtained the sum of N1,356,057,330.43 (One Billion, Three Hundred Fifty-Six Million, Fifty-Seven Thousand, Three Hundred Thirty Naira, Forty-Three Kobo) from Diamond Bank (now Access Bank Plc) by falsely representing through its staff and officers that you and your companies were in the business of importing cars from Dubai for sale in Nigeria. Based on this false representation, the bank released the money as a loan, which you then diverted to your personal use. This action is contrary to Section 1(i)(a) of the Advance Fee Fraud and Other Fraud-Related Offenses Act, No. 14 of 2006 and punishable under Section 1(3) of the same Act.
“That you, Adejare Adegbenro, Gbolahan Obanikoro, Balmoral International Limited, M.O.B. Integrated Limited, DDSS International Company Ltd, and other directors of the companies (now at large), between May and September 2013, in Lagos, directly or indirectly converted, transferred, retained, or took possession or control of N1,356,057,330.43 (One Billion, Three Hundred Fifty-Six Million, Fifty-Seven Thousand, Three Hundred Thirty Naira, Forty-Three Kobo) belonging to Diamond Bank (now Access Bank Plc), knowing or having reason to know that such funds were proceeds of an unlawful act. This action is contrary to Section 18(2)(b) and (d) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.
“That you, Adejare Adegbenro, Gbolahan Obanikoro, Balmoral International Limited, M.O.B. Integrated Limited, DDSS International Company Ltd, and other directors of the companies (now at large), sometime in May 2019 in Lagos, with intent to defraud, obtained the sum of N1,000,000,000.00 (One Billion Naira) from Diamond Bank (now Access Bank Plc) by falsely representing through its staff and officers that you and your company, DDSS International Company, were in the business of importing cars from Dubai for sale in Nigeria. The bank released the money to you as a loan, which you subsequently diverted to the account of another company, Balmoral International Limited, to disguise the true origin of the funds. This action is contrary to Section 1(i)(a) of the Advance Fee Fraud and Other Fraud-Related Offenses Act, No. 14 of 2006 and punishable under Section 1(3) of the same Act.
“That you, Adejare Adegbenro, Gbolahan Obanikoro, Balmoral International Limited, M.O.B. Integrated Limited, DDSS International Company Ltd, and other directors of the companies (now at large), sometime in May 2019, in Lagos, directly or indirectly converted, transferred, retained, or took possession or control of N1,000,000,000.00 (One Billion Naira) belonging to Diamond Bank (now Access Bank Plc), knowing or having reason to know that such funds were proceeds of an unlawful act. This action is contrary to Section 18(2)(b) and (d) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Metro
Adeleke Unveils N500m Fund, Scholarships for Victims of Osun Pre-election Violence
Osun State Governor, Ademola Adeleke, has announced a N500m Election Violence Victims Endowment Fund for verified victims and families affected by pre-election violence in the state.
Adeleke also disclosed that his family, through the Springtime Development Foundation, would provide full scholarships up to university level for the children and dependants of those who lost their lives in the violence.
The governor made the announcement on Wednesday in a statement issued after receiving his Certificate of Return from the Independent National Electoral Commission following his re-election.
He said the fund would support verified victims and affected families, while a Verification and Relief Committee, chaired by the Speaker of the Osun State House of Assembly, Rt. Hon. Adewale Olumide Egbedun, would oversee the identification of victims and distribution of the support.
“This is not a political intervention. It is a humanitarian responsibility. No eligible victim will be excluded because of political affiliation, religion, ethnicity, gender or social status. In grief, there is no political party. In our common humanity, we are one people,” he said.
The governor also named some of those killed in the violence, including Ezekiel Olapade, Aderogba Ajayi, Remi Abass and Kolade Eluyera.
“We remember Ezekiel Olapade, Aderogba Ajayi, Remi Abass, Kolade Eluyera, and every other victim of electoral violence. Regardless of political affiliation, they were first our brothers, sisters and fellow citizens. To their families, your pain is our pain, and your loved ones will never be reduced to mere statistics,” Adeleke said.
He said the decision to establish the fund followed the loss of lives, injuries, destruction of property and livelihoods recorded during the electoral process.
“It is deeply painful that any family should have to bury a loved one because of politics. No election, political office or ambition is worth the life of a single citizen,” he said.
Adeleke also called for unity in the state following the governorship election, assuring residents who voted for other candidates that he remained governor of the entire state.
“The election is over. The campaign is over. The contest is over. Now is the time to govern, unite, heal and build,” he said.
He added, “To those who voted for me, I thank you. To those who voted for another candidate, I thank you for participating in our democracy. I remain Governor to all, and together we must place Osun State above politics.”
The governor said his administration would continue to focus on infrastructure, healthcare, education, workers’ welfare, youth empowerment and economic development, while strengthening accountability, inclusion and transparency.
Adeleke, who described his renewed mandate as a fresh responsibility to serve the people, said, “You have given me another opportunity to serve, and I accept this responsibility with humility. I will work harder. I will listen more. I will do more.”
He added, “Today, we are grateful for victory, but sober in remembrance. Tomorrow, we return to work.”
Adeleke was declared winner of the governorship election after polling 511,067 votes to defeat the candidate of the All Progressives Congress, Bola Oyebamiji, who scored 409,849 votes.
The governor won in 19 of the state’s 30 local government areas, while Oyebamiji secured victory in 11.
The Punch
Metro
UniZik Orders Investigation after Viral Video Shows Students Beating Up Lecturer
The management of the Nnamdi Azikiwe University (UniZik), Awka, Anambra State, has ordered an immediate, comprehensive and impartial investigation after a viral video showing students assaulting a lecturer over an alleged sexual misconduct sparked outrage online.
The incident that occurred on Saturday on the Awka campus.
Footage that circulated widely on social media on Saturday captured some UniZik students physically assaulting and rough-handling a lecturer from the Department of Chinese Studies, Faculty of Arts.
According to witnesses and the circulating videos, the lecturer was allegedly caught attempting to molest a female student within the university premises before students intervened.
The clips have drawn widespread condemnation and calls for a thorough probe, with many Nigerians debating both the allegation and the students’ resort to violence.
The lecturer’s identity has not yet been officially released by the university.
In a statement issued at the weekend, the Director of Information and Public Relations, Aloysius Attah, said the institution is “deeply saddened” by the development.
The management strongly condemned jungle justice and self-help while also taking the sexual misconduct allegation seriously.
“The Management of Nnamdi Azikiwe University, Awka, has received reports of the alleged physical assault and attack on a lecturer in the Department of Chinese Studies, Faculty of Arts, following an allegation of attempted sexual misconduct involving a female student of the University,” the statement read.
Attah confirmed that authorities have directed an immediate investigation to “establish the facts and circumstances surrounding the incident.”
UniZik says the investigation will cover two tracks:
1. The sexual misconduct allegation — to determine if the lecturer attempted to molest the female student.
2. The assault on the lecturer — to identify students involved in the physical attack and address breaches of campus discipline.
“The university remains committed to upholding the highest standards of discipline, academic integrity and the safety and dignity of all members of the university community,” Attah added.
Sexual harassment allegations in Nigerian universities have repeatedly sparked protests and policy reviews. UniZik itself has faced pressure in recent years to strengthen its anti-sexual harassment framework.
At the same time, university authorities are under pressure to curb vigilante actions on campus, warning that mob justice undermines due process and endangers lives.
For now, the lecturer has been taken off active duty pending the outcome of the probe, according to campus sources.
UniZik said further updates will be provided as the investigation progresses and urged students and staff to remain calm and allow due process.
Metro
Zion Ministry Begins International Crusade in Imo
The 2026 World Conference of Zion Prayer Movement Outreach will be held next week at Zion City, the permanent site of the ministry at Mgbichi, Ngor Okpala, Imo State.
A press statement released by Zion Ministry in Lagos on Friday disclosed that the three-day crusade will begin on Friday, August 21, and end on Sunday, August 23, 2026.
The World Conference is the largest annual gathering organized by Zion Prayer Movement Outreach and attracts participants from across Nigeria, Africa, Europe, North America, Asia, the Middle East and others parts of the world.
It is the Third time the annual conference will be held outside Lagos, and the crusade will mark the end of the 100 Days Fasting and Prayer started in May by the ministry. Like in previous editions, hundreds of thousands of Zionites from across the world are expected to attend this year’ conference.
The Annual 100 Days Fasting and Prayers is one of the ministry’s most significant spiritual programmes during which members engage in a season of prayers, fasting, worship, Biblical reflection, thanksgiving and fellowship. The programme culminates in the closing World Conference drawing worshippers, pilgrims, clergy, volunteers and media representatives.
The Spiritual Director of Zion, Evangelist Chukwuebuka Anozie Obi, said that the crusade is expected to record thousands of people giving up their lives to Christ, awesome miracles, instant healings, deliverance from bondage, salvation of souls and verifiable testimonies.






