News
GOLDEN TULIP CEO, WIFE ARRAIGNED OVER $4.7M FRAUD
The Federal Government on Wednesday arraigned the chief executive officer of Golden Tulip Hotel Amaechi Ndili and his wife Njide over alleged $4.7 million fraud.
Ndili is also the CEO of Lionstone Offshore Services Ltd while his wife is the company’s vice-president.
The couple was arraigned before an Ikeja Special Offences Court on a three-count amended charge.
They are standing trial alongside Lionstone Offshore Services on charges of conspiracy, stealing and illegal conversion of money for personal use.
The defendants, however, pleaded not guilty to the charges brought against them by the Federal Government.
According to the prosecution counsel, ACP Simon Lough, the defendants dishonestly converted $4.7 million which they received from Addax Petroleum Development Nig. Ltd on behalf of Hercules Offshore Nig. Ltd.
Lough alleged that the defendants obtained the sum for a contract that Lionstone Offshore Services entered into with Addax Petroleum Development Nig. Ltd which was executed by Hercules Offshore Nig. Ltd.
The prosecution counsel submitted that the defendants failed to remit the money to Hercules.
“Lionstone Ltd. was engaged by Hercules as its local partner and it received payments on its behalf in respect of contract it executed for Addax Petroleum Development Nig. Ltd.
“The $4.7 million formed part of the payments the defendants received on behalf of Hercules but they failed to remit to Hercules in accordance with their agreement,” the prosecution counsel said.
The couple’s lawyer Ebun Shofunde (SAN) prayed the court to grant them bail.
Shofunde informed the court that the first defendant (Amaechi) had been granted bail when he was arraigned before Justice Sherifat Sholebo.
Justice Olubunmi Abike-Fadipe admitted the second defendant to bail in the sum of N20 million with two sureties in like sum.
The judge allowed the first defendant to continue with the bail earlier granted him.
Abike-Fadipe said that the sureties must have evidence of tax payment.
She also directed that one of the sureties must have a landed property in Lagos State.
The judge held that the court would remand the second defendant in a correctional facility if she would not meet the bail conditions within 14 days.
The alleged offences contravene Sections 516 and 387 of the Criminal Code, Laws of Nigeria, 2004.
The judge adjourned commencement of trial to January 30, 2023.
Despite his denial, Ilaji Farm boss, Dotun Sanusi has his eyes on the governorship seat of Oyo State.
Those in the know claimed the billionaire who also owns the Icast International school is hinging his chances on his closeness with President Bola Ahmed Tinubu.
Sanusi whose influence in the last election was put in play to deliver for the re election of Governor Seyi Makinde has become a sort of political influence in Oyo State.
The Ilaji boss, some days ago denied the guber ambition claims.
In his words, the billionaire claimed ‘anything that has to do with politics, count me out’.
But sources maintained his denial was part of the plans.
Prolific singer, Commander Ebenezer Obey is presently not in a good mood.
The ageing musician who is popular for his genre of yoruba music lost one of his confidants some days ago and this has thrown a shade of grief at him.
The woman, Iyalode Alaba Lawson died in his Abeokuta home some days ago.
The woman who held the title of both the Iyalode of Egbaland and Yorubaland is said to have married the musician at her younger days. The brief affair produced a child.
It was said that they later went apart but maintained a close relationship till her death.
At 72, Iyalode Alaba Lawson was widely respected. A prominent woman and record holder, the first Nigerian woman to sit on Naccima as president.
Ogun State has announced the plans to give her a befitting burial.
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