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GOLDEN TULIP CEO, WIFE ARRAIGNED OVER $4.7M FRAUD

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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.

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Ajimobi’s Eldest Child, Bisola Dies In The UK

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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EFCC Arrests Top Businesswoman, Aisha Achimugu

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The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.

Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.

Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.

This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.

A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.

Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.

 

Additional Information- Streetjournal Magazine

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Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

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The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.

New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.

Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.

As lawmakers dispersed after the session, the big question lingered where was  Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.

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