Crime
Witness Reveals How $15.8m Was Delivered To Ex-Benue Governor In ₦3.1bn Fraud Case
Amid the ongoing trial of former Benue State Governor, Gabriel Suswam, a Bureau de Change operator, Abubakar Umar testified on Saturday before the Federal High Court in Maitama, Abuja.
Umar disclosed that in 2014, he converted ₦3.1 billion into $15.8 million and delivered the cash to Suswam, providing critical insight into the alleged financial misconduct as the proceedings continue under Justice Peter Lifu’s oversight.
As the sixth prosecution witness in the case, Umar revealed that the funds were transferred to him by Suswam through a proxy during his tenure as governor.
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Umar explained that the transaction occurred in tranches, with the first installment of ₦413 million hitting his account on August 8, 2014.
The total sum eventually amounted to ₦3.1 billion, which Umar then converted to U.S. dollars at a rate of ₦197 per dollar.
The witness, who is the CEO of Fanffash Resources, testified that he delivered the equivalent $15.8 million in cash to Suswam at his Maitama, Abuja residence.
This testimony is part of an ongoing trial involving Suswam and his former Commissioner of Finance, Omodachi Okolobia, who are facing 11 amended counts of money laundering.
The charges stem from the alleged diversion of funds from the sale of Benue State government shares, which were held by the Benue Investment and Property Company Limited and sold through Elixir Securities Limited and Elixir Investment Partners Limited.
The Economic and Financial Crimes Commission (EFCC), which is prosecuting the case, alleges that Suswam and Okolobia laundered part of the proceeds of the sale, amounting to ₦3.1 billion.
According to a statement from Dele Oyewale, Head of Media & Publicity at the EFCC on Saturday, the case has been ongoing since 2018, with Umar’s testimony playing a crucial role in the prosecution’s argument.
Led by prosecution counsel Rotimi Jacobs, SAN, Umar testified that the money transfers were facilitated by a female intermediary, though her identity was not disclosed in the court proceedings.
The trial continues as both Suswam and Okolobia face the amended charges of money laundering in connection with the alleged misappropriation of state funds.
He said, “One day in 2014, when I was in the office, the former governor of Benue State asked me to meet him in his house in Maitama, Abuja. I went and met him in the house together with one fair woman.
“He asked me to give the woman my account number. I gave the woman my Zenith Bank account number. The woman said she’ll send money into that account.
“On the 8th of August 2014, N413 million was transferred to my account. Based on this, I called the former governor and he told me to change the money to dollars and I asked him to give me time to do that. Three days after I bought the dollar equivalent, I called the former governor and informed him that the money was ready.
“He now asked me to take the money to his house in Maitama, near Jumat Mosque. I now told him that he should inform the security at the gate that I was coming, if not they’ll not allow me access into the gate. I took a cab to the house, and after I arrived at the house, I knocked at the gate and they opened. I told them my name.
“They opened the first and second gates and I sat in the waiting room where he came and met me. I now brought out the money which we both confirmed to be the equivalent of the N413 million. The exchange rate then was N197.”
“On the 12th of September 2014, N637 million was transferred to my account. After N637million was transferred to my account, after like 40 minutes N363 million was also transferred into my account. On 13th October 2014, N630, 008,50, (Six Hundred and Thirty Million, Eight Thousand and Fifty Naira) was also transferred to my account.
“On 17th October 2014 1,0068,000 (One Billion, Sixty-eight Million) was transferred to my account. It is the woman that was directed by the former governor to do the transfers. The total money transferred to my account was N3 billion.” he added
The witness confirmed that he was not arrested by the EFCC for giving testimony in favor of the defendant, nor was he pressured by the Commission to testify against the defendant.
He also revealed that he did not maintain receipts or formal records of the transactions, explaining that he buys dollars from other traders and records the details at his own discretion.
However, the case was adjourned until October 4, 2024, for further proceedings.
Crime
Alleged Corruption: El-Rufai Appears in Kaduna Court as Trial Continues
Former Kaduna State Governor, Nasir El-Rufai, on Monday appeared before the Federal High Court in Kaduna for the continuation of proceedings in his ongoing corruption trial.
El-Rufai arrived at the court around 9:30 a.m. under the escort of officials of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), alongside operatives of the Department of State Services (DSS) and the Nigeria Police Force.
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The former governor is facing allegations of abuse of office, fraud, and financial misconduct allegedly committed during his tenure as Kaduna State governor between 2015 and 2023.
According to the prosecution, funds were allegedly released for projects that were either not executed or were irregularly managed.
The ICPC maintains that its investigation uncovered financial infractions linked to the administration of public funds during El-Rufai’s time in office.
However, El-Rufai has denied all allegations against him, insisting that he is innocent and will clear his name through the judicial process.
At Monday’s hearing, the court was expected to continue considering motions and arguments from both the prosecution and defense teams as the case moves forward.
The trial has attracted significant public attention due to El-Rufai’s prominence in Nigeria’s political landscape and the nature of the allegations against him.
Recall that on April 14, 2026, Justice Rilwan Aikawa granted the former governor bail in the sum of ₦200 million.
The bail conditions required him to provide two sureties, including a serving or retired civil servant on Grade Level 15 and a recognized traditional ruler.
Although El-Rufai’s legal team later sought a variation of the bail conditions, previous requests for bail had been denied by another court over concerns that his influence could interfere with ongoing investigations into the case.
Crime
How a Woman Tried to Cash Out N50m by Faking Her Own Kidnapping
A 45-year-old woman, Mrs. Oluchi Ugbowan, has been arrested by the Edo State Police Command for allegedly orchestrating her own kidnapping in a desperate attempt to extort N50 million from her family.
Police said the suspect, alongside three accomplices, staged an elaborate kidnapping drama, complete with videos showing her bound and allegedly held captive, in a bid to convince relatives that she had fallen into the hands of kidnappers.
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The Edo State Police Command disclosed on Tuesday that the scheme was uncovered following a complaint lodged by Mrs. Ugbowan’s husband, Mr. Tony Ugbowan, who reported that his wife had been kidnapped while on her way to her shop at Ramat Park along Agbor Road in Benin City.
According to police spokesperson ASP Eno Ikedem, the husband told investigators that he had received a call from an unknown individual using a concealed phone number, demanding a ransom of N50 million for his wife’s release.
The report prompted operatives of the Anti-Kidnapping Unit to launch an intensive investigation, combining intelligence gathering and technical tracking to uncover the truth behind the alleged abduction.
The breakthrough came with the arrest of one Israel Ability, 28, at Ramat Park, Agbor Road, Benin City. During the operation, detectives recovered a mobile phone belonging to the supposed victim.
Police said Ability later confessed during interrogation that the kidnapping was staged and that he had been recruited by Mrs. Ugbowan to negotiate ransom payments with her family while pretending she had been abducted.
Further investigations led officers to a hotel in Ukwuani Local Government Area of Delta State, where Mrs. Ugbowan was arrested on June 5, 2026.
During questioning, she allegedly admitted to masterminding the fake kidnapping and subsequently led investigators to the residence of another suspect, Ochukwudem Uwadia, 38, in Delta State.
According to the police, Uwadia’s residence served as the location where the fake kidnapping videos were produced.
The clips reportedly showed Mrs. Ugbowan with her hands and feet tied while emotional appeals for ransom were directed at her family.
Investigators also discovered that Uwadia’s 18-year-old son, Chibuzor Ochukwudem, allegedly participated in the scheme and was seen pointing a firearm at Mrs. Ugbowan’s head in the videos to make the kidnapping appear genuine.
Police said all four suspects connected to the alleged conspiracy have now been arrested.
A search conducted at the premises used for the production of the videos led to the recovery of an automatic pump-action gun allegedly used during the recording of the ransom footage.
The Edo State Police Command said the suspects will face prosecution upon the conclusion of investigations, warning members of the public against engaging in criminal schemes disguised as kidnapping incidents.
Crime
EU Slaps Temu With €200m Fine Over Illegal Products
The European Union has imposed a €200 million fine on Chinese-owned online retail platform Temu over the sale of illegal and unsafe products across its marketplace.
EU regulators announced the penalty on Thursday, accusing the e-commerce giant of failing to properly prevent dangerous items from reaching consumers within the bloc.
According to the European Commission, European shoppers were highly likely to encounter illegal products on Temu, including unsafe baby toys, defective chargers, and jewellery that failed safety standards.
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The EU said Temu failed to adequately assess the risks linked to illegal products being sold on its platform, adding that the company underestimated the level of harm such items could pose to consumers.
EU tech commissioner Henna Virkkunen said Temu’s rapid expansion in Europe made the issue more concerning, noting that millions of users could potentially be exposed to unsafe products.
Temu, however, disagreed with the decision and described the fine as “disproportionate.” The company stated that it had cooperated with regulators and already introduced additional measures to improve platform governance and user safety.
The sanction was issued under the European Union’s Digital Services Act, a major law aimed at holding large digital platforms accountable for illegal content and consumer risks online.
The platform, which entered the European market in 2023, has grown rapidly and now boasts about 130 million users within the EU.
Regulators also disclosed that investigations into other suspected breaches by Temu are still ongoing, including concerns over addictive app features and its recommendation systems.
Temu has been given until August 28 to submit a compliance plan outlining how it intends to address the violations or risk facing further penalties.





