Headlines
Police Gives Okunbo Clean Bill of Health, Tunde Ayeni Kicks
Tunde Ayeni, a former chairman of the board of directors, Skye Bank Plc, has kicked against a police report dismissing the allegation he brought against Hosa Okunbo, his former business partner.
In a petition to both the police and the Economic and Financial Crimes Commission (EFCC), Ayeni had accused Okunbo of gross mismanagement and criminal diversion of company funds.
Ayeni had claimed that Okunbo, who had been his business partner since 2003, deceived him and took over control of the company — Ocean Marine Solutions Limited — while he was undergoing a court trial, which he claimed had distracted him.
In a letter by the inspector-general of police (IGP) monitoring unit, addressed to Augustine Alegeh, a senior advocate of Nigeria (SAN) and Okunbo’s lawyer, the police said Ayeni’s accusations are baseless.
“From the foregoing, it is pertinent to state that the allegations of stealing and criminal diversion of company funds as alleged by the complainant — Dr. Tunde Ayeni — against the suspect, Capt. Hosa Wells-Okunbo, could not be established as there was documentary evidence that was provided by the suspect — Capt. Hosa Wells-Okunbo — which clearly shows that Capt. Hosa Okunbo has lawfully acquired Dr. Tunde Ayeni’s interest in Ocean Marine Solutions Limited (OMS) for the valuable consideration of N2,000,000,000.00 (Two Billion Naira) only,” part of the letter read.
The police added that “the allegation of criminal diversion of company funds is baseless, malicious and false as it hasn’t been proven by the complainant”.
But reacting, Femi Falana, counsel to Ayeni, said the IGP monitoring team has not done much on the matter.
The lawyer explained that the parties had earlier reached a resolution until police said it had a report.
“Contrary to media report, the Monitoring Unit of the Inspector-General of Police has not commenced investigation into the allegations contained in the petition of Tunde Ayeni against his business partner, Capt Hosa Okunbo. Apart from inviting Tunde Ayeni to adopt his petition, the Monitoring Unit of the Inspector-General of Police has not taken any other step in the matter,” Falana wrote in a statement on Monday.
“Specifically, Capt. Okunbo has not been invited to react to the said petition. To that extent, the petition has not been challenged in any material particular.
“Meanwhile, both parties have since agreed to explore an amicable resolution of their business dispute. Consequently, the lawyers of the parties have held fruitful discussions in respect of the claims and counter claims of their clients. The IGP Monitoring Unit has been fully briefed of the progress made so far in the matter.
“However, in a desperate move to frustrate the amicable resolution of the dispute, the IGP Monitoring Unit is alleged to have produced a “report” of an investigation that has not been conducted. As if that was not enough, the ‘report’ was addressed to Capt Hosa Okunbo’s lawyer and circulated to media houses. But up till now, the IGP Monitoring Unit has not deemed it fit to furnish us with a copy of the ‘report’.”
Falana added that Mohammed Adamu, inspector-general of police, has been asked to assign the petition to another team of officers to conduct a thorough investigation into the allegations.
TheCable
Headlines
UK Court Clears Ex-Petroleum Minister Alison-Madueke of All Corruption Charges
Source: Reuters
Headlines
2027: Arise News Anchor Alleges Fresh Plot to Keep Atiku, Obi Off Ballot
Arise Television anchor, Rufai Oseni, has alleged that there may be attempts to prevent key opposition figures, including Peter Obi and Atiku Abubakar, from appearing on the ballot for the 2027 general elections.
Oseni’s remark followed a Federal High Court judgment ordering the de-registration of some political parties.
Justice Peter Lifu of the Federal High Court in Abuja, on Monday, ordered the Independent National Electoral Commission (INEC) to deregister the African Democratic Congress (ADC), Accord Party (AP), Action Peoples’ Party (APP), Zenith Labour Party (ZLP), and Action Alliance Party (AAP) over alleged constitutional breaches.
The judgment arose from a lawsuit filed by the Incorporated Trustees of the National Forum of Former Legislators (NFFL), which argued that the affected parties failed to meet constitutional and statutory electoral performance requirements necessary for continued recognition as political parties.
Justice Lifu subsequently barred INEC from recognising the affected parties, accepting nominations from them or permitting them to participate in activities related to the 2027 general elections.
The ruling, if upheld, could affect the political ambitions of several politicians, including former Vice President Atiku Abubakar, who is the ADC presidential flag-bearer, and Osun State governor Ademola Adeleke, who is seeking re-election on the platform of the Accord Party.
But speaking on Arise TV’s Morning Show on Tuesday, Oseni described the court ruling as a “test” of public reaction, warning that more actions could follow ahead of the next general election.
According to him, opposition parties such as the African Democratic Congress, ADC, and the Nigeria Democratic Congress, NDC, should be cautious, claiming that efforts could be made to stop major figures from participating in the election.
Oseni argued that the judgment was part of a broader process aimed at shaping the political landscape ahead of 2027.
He maintained that the ruling came despite some of the affected parties having recorded electoral victories in recent elections.
He warned that Nigerians must remain vigilant to safeguard the country’s democracy, stressing the need for judicial reforms alongside efforts to tackle insecurity.
Oseni said: “NDC, ADC should be careful because there will be attempt, and this is me predicting now, to ensure that Obi, Atiku and other big contenders are not on the ballot.
“This that you saw yesterday is just a test. This is not the real place where the whole thing is going. This is me predicting now.
“You know before you have a show you test the microphone. They want to see the reactions of Nigerians. More is still coming.
“You can see how they carry a judgement when ADC won two House of Representatives seats in Kogi, one Kogi House of Assembly seat, APP one chairmanship seat in Jigawa, Zenith Labour party won several seats in Abia, but they still went ahead and issued judgement for deregistration after the Court of Appeal, a higher court, said it should stay on that.
“If we want to deal with this judicial rascality, can I tell you something? The judge that gave this judgment, nothing will happen to him. Nothing on this earth. They are just coming.
“And who is leading this group? Gbajabiamila. Have you forgotten what Gbajabiamila said on Hon Ajibade’s birthday? So they are just coming. This one is just a test. The next one they will do is the NDC.
“With the way they’re going, if Nigerians don’t shine their eyes when they will finally have this election, you will not have the major contenders in the ballot. This thing they have just done is to test reactions from Nigerians.
“I saw this thing coming. You know we are going into an election in which Atiku Abubakar is the only major candidate from the North. It’s not like the last one you have Kwankwaso that can split the Kano votes. And you have Peter Obi and general consensus that a lot of people are in abject penury, insecurity is raging hard.
“This is the beginning of many things. They are just testing the microphone. It’s engineered. More is coming. Nigerians, it is you that will save your democracy. Judicial reforms have become so important as insecurity in Nigeria.”
Headlines
2027: Atiku Picks Rotimi Amaechi as Presidential Running Mate
The African Democratic Congress (ADC) presidential candidate, former Vice President Atiku Abubakar, has picked former Rivers State Governor and former Minister of Transportation, Rotimi Amaechi, as his running mate.
Announcing the decision, ADC National Publicity Secretary, Bolaji Abdullahi, said Amaechi’s emergence followed broad consultations within the party and reflected his strong performance as runner-up in the party’s presidential primaries as well as his track records of service to his state and the country.
According to the ADC, Amaechi’s extensive experience across both the legislative and executive arms of government, as former Speaker of the Rivers State House of Assembly, two-term Governor of Rivers State, and former Minister of Transportation, makes him uniquely qualified to complement Atiku’s leadership, strengthen the party’s national appeal, and bolster its campaign to offer Nigerians an experienced and credible alternative ahead of the 2027 presidential election.
The party said the choice of Amaechi underscores its commitment to presenting a leadership team with proven governance experience and national appeal as it prepares for the 2027 presidential contest.
ThisDay






