Monthly Archives: May 2016

Socialite, Rotimi Obeisun Fingers In Smuggling (Customs Seals Ibadan Warehouse)

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The Nigerian Customs in its renewed effort to curb smuggling has sealed up the Ibadan warehouse of popular businessman and Chairman of Sunshine Oil and Chemicals, Rotimi Obeisun.

In a recent raid of his warehouse at Podo, Ibadan, officers of the Nigerian Customs carted away about 100,000 bags of rice which they called contraband and later sealed up the warehouse.

A source at the Nigerian Customs hinted that the socialite heads a smuggling cartel which their operatives had been trying to break for a long time.

As at the time of filing this report it was not clear if the businessman had been arrested as he was alleged to have gone into hiding after the seal up of his warehouse.

Ex-Mint Boss, Emmanuel Okoyomon To Be Extradited To The UK

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Former manager of a polymer banknote manufacturer, Securency International Pty Ltd of Australia, Peter Chapman, who allegedly bribed Emmanuel Ehidiamhem Okoyomon, a former Managing Director of Nigerian Security, Printing and Minting Company, NSPMC, (facing extradition proceedings in Nigeria), to secure a “multi-million-euro” contract, was on May 11, 2016 convicted by a Southwark Crown Court in the United Kingdom, UK.

The news of his conviction was relayed by Serious Fraud Office, SFO, to the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, who was on a visit to the SFO in London. The visit was part of efforts to strengthen cooperation between the SFO and the EFCC.

The trial of Chapman, according to the SFO, began on April 4, 2016. Among other allegations, he was said to have paid bribes in order to secure orders for the purchase of reams of polymer substrate from Securency. The total value of the bribes, he was convicted of paying to the agent was approximately $205,000.

The SFO’s director, David Green, said, “This has been a long, detailed investigation and a complex prosecution involving assistance from a wide range of jurisdictions. Crimes like this damage the UK’s commercial reputation and this conviction shows that such activity will not be tolerated.”

In expressing its delight at the successful prosecution of Chapman, the SFO expressed gratitude to the EFCC, along with other law enforcement agencies including Australian Federal Police, the National Crime Agency, the Metropolitan Police, the Central Authority of Nigeria and authorities in Brazil, the Seychelles, South Africa, Canada and Spain for their assistance in this case.

Chapman was arrested at Heathrow Airport in April 2015, having been extradited from Brazil, and was charged with six offences under the Prevention of Corruption Act 1906 on April 30, 2015.

His co-accused, Okoyomon, who arrested by the EFCC for his role in the bribery scam, is however, currently battling to stop his extradition from Nigeria to the UK for trial. Justice E. S. Chukwu of a Federal High Court, Abuja, had on May 4, 2015 ordered that Okoyomon be extradited to the UK to face charges of corruption and money laundering.

However, Okoyomon, through his counsel, Alex Izinyon, SAN, approached the Court of Appeal, seeking for a stay of execution of the order of the court. Through his other counsel, Mike Enahoro, he had also approached a Federal Capital Territory, FCT, High Court sitting in Apo, Abuja, seeking to be granted bail from prison, where he had been remanded after Justice Chukwu ordered his extradition.

However, on September 11, 2015, Justice Valentine Ashi of the FCT High Court sitting in Apo, Abuja ruled as an abuse of court process, the bail application brought before it by Enahoro. The trial judge had berated Okoyomon’s counsels for deliberating employing delay tactics to frustrate his extradition to the UK for trial.

In the meantime, Okoyomon awaits the ruling of the Court of Appeal on his application seeking for a stay of execution on the Federal High Court’s order that he be extradited to the UK for trial, just as Brazil did for Chapman.

Okoyomon’s extradition is being sought by the UK government over his alleged role in the bribery allegation involving officials of Central Bank of Nigeria, CBN, the NSPMC and Securency International Pty Ltd of Australia between 2006 and 2008.

N3B Debt; AMCON Seals Ibadan Bizman, Gbenga James Office, Carts Away Luxury Cars

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On account of his indebtedness to AMCON the Ibadan office of the CEO of Avian Specialties, Gbenga James was over the weekend sealed off by officials of the institution.

The businessman was said to be owing about N3 billion, a debt bought over from Union Bank.

Gbenga James whose company ranks amongst the biggest in poultry farming in Nigeria had already been arrested by the EFCC alongside his wife.

A source gave a graphic description of how AMCON and the Nigerian police over the weekend stormed the Avian Specialty office in Challenge, Ibadan and carted away properties before they later sealed up the building.

The one-hour operation was said to have been led by one Saheed Fasanya with help from armed policemen.

The Asset Management Company of Nigeria was said to have allegedly stormed the Iyaganku home of the businessman where they also carted off his Bentley and some other luxury cars in his garage.

Gbenga James is one of the few ‘big boys’ that AMCON alleged to have ignored several demand notices for their non-performing loans thinking it was still business as usual.

It was gathered that AMCON is already facilitating lawful process to take over all his properties.

The Ibadan businessman is not new to such controversy. Some years ago he was arrested and detained by the EFCC for a poultry project he handled for Ekiti State Government where 800 million naira was alleged to have been misappropriated.

Actress, Nse Ikpe-Etim Signposts Nichole By Haguanna’s Jewelry Campaign

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Nigeria’s handbags, leather goods and accessories label, Nichole By Haguanna just released a new lookbook with Nollywood actress Nse Ikpe-Etim to wow its clients.

Creative Director Aisha Ugah Igbinovia works tirelessly to make her bags and jewelry unique, with attention to detail, intricate materials and unseasoned style. Her handbags, leathers goods and bold necklace accessories are intricately cut out from real Crocodile, Alligator, Buffalo, Calf and Snake skin. They are further embellished with Swarovski crystals, Corals, Pearls and Precious stones.

This lookbook sees Nse model statement neckpieces featuring a multitude of colourful beads and crystals in different sizes and shapes. She has us transfixed as she gazes boldly into the camera, making us almost want to snatch one of those gorgeous neckpieces from her.

Litany Of Scandals; How Management Crisis Is Crippling Guinness Nigeria

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With a major drop in profit margin within a year, mass sack and a list of endless complaints by consumers, Guinness Nigeria is catching its last straw.

Information made to papermacheonline had it that the company’s present crisis started in July, 2014 when an expatriate, Monica Peach was appointed the Human Resources Director.

The appointment was said to have spurred a series of protest by staffers who were calmed by the management with words that Monica would be there temporarily while a Nigerian would take over.

Weeks into Monica’s appointment, she came out with policies which staffers claimed were the reasons behind her appointment as she tampered with staff medical plans and the sack of over 500 staffers which led to a staff union protest.

Production in the company was grounded while the management sought the assistance of its former HR Director, Wale Adeniran who was also sacked some years ago.

The current crisis rocking the company which is finding its feet in the midst of stiff competition with other companies is the promotion of a staffer, Anne to the position of a Director. Anne was said to have been newly employed after she lost her job at Unilever.

Her promotion was alleged to be the reward of her loyalty to the Managing Director, Peter Ndegwa.

The promotion was said to have ignited another crisis that the company is finding means to quell.

Guinness Nigeria is claimed to be fighting different battles with the sales, internal rife and other challenges linked with its operations in Nigeria.

Additional Information: Societyreelnews.com