Tag Archives: fraud

How bank’s ATM analyst connived with fraudsters to steal over N20m from customers’ accounts

How bank’s ATM analyst connived with fraudsters to steal over N20m from customers’ accounts

Posted By Ebele BONIFACE

THE operatives of the Federal Special Anti Robbery Squad (FSARS) have arrested a staff member of a new generation bank, Christian Amechi, who allegedly helped fraudsters to steal millions of Naira from customers account using a string of impersonators.

Amechi, who until his arrest, was serving at the ATM customers service unit, of the bank in Victoria Island Lagos, is currently being detained at the Special Anti-Robbery Squad (SARS), Lagos State Police Command.

He was arrested penultimate Wednesday along with five other members of the syndicate. Together, the gang had allegedly removed over N20 million from accounts belonging to different customers.

Those who were arrested along with Christian are Oyozoje Joseph, 30, Nelson Matthew Eugari, Henry Omogbemi, 31, and Ene Mona Gabriel.

Luck ran against the banker after the police team arrested the leader of a gang of pickpockets, Akeem Apejoye, in Lagos. In his confessional statement, the pickpocket told the police how Amechi and his gang encouraged him to continue to steal phones.

Akeem told the police that the gang’s interest is mainly the SIM cards of stolen phones.

After his arrest, he led the police to the homes of those who had been collecting SIM cards from him.

Though, he claimed that he was not in the know that Amechi and his group used the SIM card to steal money from the accounts of customers, he said that the group often bought drinks for him at beer parlour joints whenever he ran into them.

He said that they all grew up in Ajegunle and that he enjoyed being in the company of the gang members, particularly at weekends.

“I used the proceeds which I made from picking pockets to open a boutique in Ajegunle. My shop is located along Ojo Road,” Akeem told the police.

Narrating how his gang removed several millions of naira from victims account, Amechi said that all that was needed for the illegal transfer to succeed was the customer’s SIM card, stressing that any account holder who does online transaction has his or her BVN number stored on his or her phone.

“I grew up in Ajegunle and I know almost all members of the gang. I knew them on the street, but I was introduced into the business by one of my friends known as Osey Boy and DJ. I attended the University of Nigeria, Nsukka, (UNN). I read Banking and Finance. I am an ATM card system analyst.

“Osey Boy and DJ are referred to as the gang “shooters”. What it means is that they could remove bank secret code numbers, particularly the BVN from phones. The moment any member of the gang laid his hand on stolen SIM card, they would dial the USSD number and with this they would access the owner’s BVN. That is if the owner does online banking. Once this is done, they will send me the six last digits with which I could access the owner’s account. My job is to ascertain how much is in the account and at times help transfer money to the person who provided me the information. The gang could then transfer at least N200,000 per transaction into their own account from where they will have easy access to the stolen funds.

“The gang pays me between N10,000 to N15,000 per transfer and I have lost count of how many of such transactions we have done in the past. In all, I have made at least N150,000 and I used part of it to upgrade my certificate,” he said.

Chris, as he is fondly referred to by his gang members also revealed that, aside helping the gang to generate information of account holders, he also provided the gang with telephone numbers of victims.

He disclosed in his confession that, at times, the gang would do a welcome back of some of the telephone numbers he generated.

His words: “What happens in this case is that the original owner of the line would not be able to make or receive calls. All calls or text messages on such numbers can only be accessed by the person who did the welcome back. The gang members are staff of Telecommute Tin Providers. This people are the ones who do the welcome back for the gang on any number to be profiled.

“My greatest pain was when my aged mother came to see me when I was in police custody. I pray that God will give her the heart and courage to bear the pains because I know that she will be going through so much pain right now.”

Another member of the gang, Oyosoje Joseph, an engineer who graduated from the University of Lagos, said he had made well over N10 million from local fraud.

The 30 year old who resides at No. 80 Adekeye Street, Ajegunle, said he joined the gang out of frustration.

As at the time of his arrest, the suspect had over N5 million in one of his accounts. It was learnt that the suspect is also presently being hunted for by operatives of the Economic and Financial Crime Commission (EFCC).

An account he operates with one of the new generation banks has been frozen.

Another suspect, Henry Omagbemi, 31, is said to have operated a network of bogus names to launder the proceeds. A police source said that members of the gang were all involved in a scheme to defraud account holders of millions of naira.

‘Accounts belonging to people with large balances – in some cases several millions of naira were targeted. To identify those rich accounts, Amechi, an employee of a new generation bank was recruited to help the gang. As an insider, he would then assist in breaching the security protocols in order to steal the money. The money would be transferred to accomplices who would swiftly transfer the money through a number of bogus businesses before the money would eventually disappear” the police source said.

Lagos State Police Public Relations Officer, Chike Oti, confirmed the arrest. He said that one of the victims lost more than N2 million after a member of the gang used a fake welcome back telephone number in the account holder’s name to set up two transfers over three days.

A customer with N200 million in the bank only escaped becoming a victim when they were arrested.

Source; The Nation


Fraud: ​Former President Jonathan’s campaign director forfeits 38 houses

Former President Jonathan’s campaign director forfeits 38 houses

By Yusuf Alli

The Economic and Financial Crimes Commission (EFCC) has traced 38 choice houses to a former Chairman of the Nigerian Social Insurance Trust Fund (NSITF), Dr. Ngozi Olojeme.

Mrs Olojeme, Deputy Chairman of the Finance Committee of the Goodluck Campaign Organisation in 2015, is being investigated by the EFCC for alleged diversion of $48,485,127 from the accounts of the NSITF.

Of N62.3billion fraud discovered in NSITF, $48,485,127 is allegedly credited to Mrs. Olojeme.

The anti- graft agency has secured a court order to place the assets under interim forfeiture, pending Mrs. Olojeme’s trial.

Besides, EFCC has obtained a warrant from the court to detain the suspect for two weeks to complete the first round of the investigation and her arraignment.

Mrs. Olojeme, who is said to have taken ill, is at a private hospital in Abuja where EFCC detectives are keeping an eye on her.

EFCC detectives uncovered 40 houses, 38 of which are believed to be Mrs Olojeme’s.

Of the 38 houses, detectives rated the mansion at No. 51, Kainji Crescent in Maitama, as a “multi-billion naira piece with some foreign leaders occasionally staying there when they come visiting”.

The golden mansion was at the weekend sealed off by the EFCC.

A source, who spoke in confidence, said: “EFCC  recovered over 40 properties out of which 38 belong to the ex-NSITF chairman, including the property at No. 51, Kainji Crescent, off Lake Chad Crescent in Maitama District.

“The Kainji Crescent property is said to have housed some foreign leaders when they came visiting. It is a multi-billion naira mansion.

“We have invoked sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004, which empower the agency to apply the Interim Assets Forfeiture Clause.”

Section 28 of the EFCC Act reads: “Where a person is arrested for an offence under this Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic or financial crime and shall thereafter cause to be obtained an interim attachment order from the Court.”

The EFCC source went on: “As I am talking to you, we have placed all the over 40 assets under interim forfeiture based on the approval of our application by the court. The assets will be temporarily forfeited until the end of the trial of all the affected suspects.”

“We have also secured a court order to detain her for two weeks in preparation for Dr. Ngozi Olojeme’s arraignment in connection with the alleged diversion of $48,485,127 from NSITF’s account. We have charges already prepared and we will be arraigning her soon.

“But she sought for medical attention in a private hospital for an undisclosed illness. We accorded her the right to seek medical aid and deployed in detectives and sentry guards to the hospital.”

The EFCC has already arraigned a former Managing Director of NSITF, Umar Munir Abubakar, and four others for alleged diversion of N18billion.

The others are Henry Ekhasomi Sambo, Adebayo Adebowale Aderibigbe, Chief Richard U. Uche and Aderemi Adegboyega.

The cash was said to be the Federal Government’s contribution to the take-off grants and Employees Compensation Scheme (ECS) for Ministries Departments and Agencies (MDAs).

EFCC’s report on preliminary investigation said in part: “That through this process, Dr. Ngozi Olojeme, the then NSITF board chairman, has collected a total sum of $48,485,127 from Mr. Chuka Eze (her account officer at FBN), which cash he collected on her behalf being the dollar equivalent of monies paid to BDCs by NSITF contractors.

“She and others also diverted huge cash allocated for allowances of its staff and compensation to contributors. Detectives actually traced some of the NSITF funds in the personal accounts of Olojeme and the former MD, Umar Abubakar.

“For instance, Abubakar and others dishonestly converted to N18billion, being contribution from the Federal Government of Nigeria as take-off grants and Employees Compensation Scheme (ECS) for MDAs.

“The said sum was diverted into personal accounts by an e-payment mandate jointly signed by Umar Munir Abubakar and Henry Ekhasomi Sambo.”

The report added: “It was discovered that the NSITF accounts in First Bank of Nigeria and other banks have witnessed a total turnover of over N62, 358,401,927 between 2012 and 2015 from the Employee Compensation Scheme contributions.

“That out of the N62bn, the Federal Government contributed N13,600,000,000 while the sum of N48,758,401,927.80 was contributed by the private sector. That there were several payments to individuals and companies from the NSITF bank accounts for purported contracts or consultancy services.

“That some individuals and companies that received these payments, in turn, transferred part of the monies directly to the NSITF officials while others transferred huge sums to bureau de change operators who changed them to dollars.”

Source: The Nation 

Pension fund scandal:  Jonathan denies receiving any money from Maina

I didn’t receive any money from Maina — Jonathan

Former President Goodluck Jonathan has said he did not receive any money from the controversial pension fund.
He said there was no iota of truth in reports that he was paid N5 b monthly from the money.
His media adviser , Mr . Ikechukwu Eze , gave the explanation in Abuja on Saturday while reacting to a statement credited to the Attorney General of the Federation and Minister of Justice, Abubakar Malami ( SAN ) , published in a national newspaper last week.
The chief legal officer of the federation was said to have told a Senate ad – hoc committee that an “ ex -president was taking N5 bn monthly from the Pension Fund . ”
Eze dismissed the claim as “ a blatant lie hurriedly cooked up to divert the attention of the general public from the raging ‘ Mainagate ’ and other embarrassing scandals. ”
He added , “ We believe that the story was concocted as part of the unfolding grand design ( by the Buhari administration ) to always dodge responsibility and blame every evil act taking place in the present dispensation on the past (Jonathan ) administration .
“ In the first place, we do not believe that Malami made such a claim because he is in a position to know that it is simply not true . ”
Source : The Punch


Fake certificates scandal rocks Kogi civil service

Fake certificates scandal rocks Kogi civil service

Mr Yahaya Bello

Yinka Oladoyinbo Lokoja
THE Kogi State Government has said that over 1000 civil servants had been discovered to have joined the civil service of the state with fake certificates.
The government said the institutions that the workers claimed to have issued them the certificates had disowned them, saying such certificates did not emanate from them.
The director general, media, and publicity to the Governor, Kingsley Fanwo, on Thursday said the discoveries had justified its stands on reforms in the sector, assuring the people of the state that the reforms would serve their interest.
He said, “The administration of Governor Yahaya Bello has discovered the fact that the civil service needs a fundamental surgery to make it play its role of anchoring development. The conviction informed the staff verification exercise.
“We have now graduated to the stage of verifying the academic records of the staff and our discoveries so far are mind boggling.
“Over a thousand certificates have been confirmed to be fake by the various institutions which were alleged to have issued the certificates.
“These are the people stifling the system and crying wolf of non-payment of salaries. This administration will remain undeterred by the corruption fight back. What is right will be done for the greatness of our dear State”.
Fanwo said more certificates are being verified, insisting that those who forged certificates will be prosecuted before the end of the year as it is a “flagrant violation of the Public Service Rules and the Criminal Codes of the country.
“Governor Yahaya Bello is a hero who has placed the good of the state above his political safety. But the fact that Kogites are hailing his reforms shows that beyond politics, the people want to be served well.
“A teacher who forged his or her certificate to teach will have no impact on the academic development of his or her pupils. We must stop this trend for Kogi to develop.
“One of the key campaign issues of the APC is the fight against corruption and Governor Yahaya Bello will crush corruption anywhere it manifests”.
Source: Tribune


​I don’t have N1 billion to give Jonathan, Metuh tells court 

I don’t have N1 billion to give Jonathan, Metuh tells court 

 By Ikechukwu Nnochiri ABUJA——Embattled former National Publicity Secretary of the Peoples Democratic Party, PDP, Chief Olisa Metuh, has asked the Federal High Court in Abuja not to set aside the subpoena it issued to compel former President Goodluck Jonathan to appear as a witness in his ongoing trial.

  Metuh further challenged Jonathan’s insistence that the defendant must deposit with the court, for and on behalf of himself, the sum of N1billion in line with provisions of Section 241(2) of the Administration of Criminal Justice Act, 2015, before he would mount the witness box. 

Jonathan had in a motion his lawyer, Chief Mike Ozekhome, SAN, moved before the court on Wednesday, urged trial Justice Okon Abang to compel Metuh to pay the N1bn to cover travelling expenses for himself and his security personnel from his home town, Otuoke in Bayelsa State, to Abuja and also for time that he might spend appearing before the court as President of Nigeria between 2010 to 2015. 

Jonathan maintained that the evidence Metuh is seeking from him would amount to an invasion of his personal right to privacy, and family life as provided for in Section 37 of the Constitution of the Federal Republic of Nigeria, 1999. 

He told the court that the evidence sought to be obtained from him was likely to expose him to a criminal charge, penalty or forfeiture. The former President further argued that the subpoena ad testifiandum Justice Abang issued against him on October 23 was vague, applied for and obtained on frivolous ground and in bad faith, saying it was meant to embarrass him as a person.

 Besides, Jonathan argued that Metuh was not a personal aid or his appointee and therefore could not have dealt with the President directly under any circumstance to warrant the invitation of the applicant to testify in the charge. 

He said there was no nexus between hiim and Metuh and the charge for which the defendants are standing trial. However, the ex-President said he was not doubtful of the fact that there was a contractual agreement between Metuh and the former National Security Adviser, Col. Sambo Dasuki, retd. Ozehkome said: “The linchpin of this application is not that the former President is throwing doubts on transactions involving the defendants and Dasuki, but that he was not physically present when the transactions were going on, because he had many appointees.

 “My lord, because of this, we are saying that he will not be a good witness to state what actually happened regarding the transactions.

 “He can never be able to know details of transactions all his aides carried out within his over four years tenure in office. He is not saying that the transactions are fake or incorrect or fictitious, no! He is only saying that he does not know the details.

 “Whatever evidence he will be giving based on the subpoena will amount to hearsay evidence”. Neverthless, in a five-paragraphed counter- affidavit that was moved by his lawyer, Mr. Emeka Etiaba, SAN, Metuh said he does not have N1bn to give Jonathan who he said had in his own motion admitted that he (Metuh) served the nation well. Etiaba drew attention of the court to the fact that the bailiff earlier deposed an affidavit that he had yet to serve the subpoena on Jonathan. 

“This application is therefore not only speculative but premature and deserves to be struck out. “With respect to demand for deposition of N1bn, the 1st defendant in his affidavit averred that he does not have such amount.

 “We believe that such demand is punitive and meant to frustate the 1st defendant’s attempt at obtaining an evidence that will assist him in the defence of the charge against him before this court. 

“It is the view of the 1st defendant that from the first day that he was arrested, he made it clear that the release of the money was authorised by the former President and was released by the former NSA, Dasuki. 

“My lord this application simply seeks to set aside the subpoena and to save this nation the embarrasment of having a man who means a lot to the entire country as a former President, to step into the dock to give evidence. 

“My lord it is unprecedented, and the embarrassment could have been aborted if the charge against the 1st defendant was not preferred after he had disclosed to the EFCC the source of the fund for which the defendants are standing trial. 

“My lord in the circumstance, it is our position that this application be struck out”, Etiaba added. On its part, the EFCC, through its lawyer, Mr. Sylvanus Tahir, told the court that it would remain indifferent to Jonathan’s application. 

Meantime, the court is still entertaining arguments from all the parties, including Dasuki who is asking Justice Abang to hands-off the trial for the Court of Appeal to decide the merit of appeal he lodged to void subpoena issued to also compel him to testify in the matter. 

It will be recalled that Justice Abang had on October 25, handed the bailiff five days to serve the subpoena on Jonathan to enable him to appear as a witness in Metuh’s trial.

 EFCC had in the seven-count charge it preferred against Metuh and his firm, Destra Investment Ltd, alleged that the defendants had before the 2015 presidential election, received N400million from the Office of the National Security Adviser, ONSA, without executing any contract. 

It said the fund which was released to Metuh and his firm by the erstwhile NSA, Col. Sambo Dasuki, retd,‎ ‎was part of about $2.1billion earmarked for the purchase of arms to fight insurgency in the North East. He was equally accused of money laundering. EFCC alleged that Metuh engaged in an illicit transaction that involved $2m

Source: Vanguard 


Group asks Buhari to suspend Baru over Kachikwu’s letter

Kachikwu’s letter on corruption in NNPC: SERAP asks Buhari to suspend Baru


Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to President Muhammadu Buhari requesting him to use his “good offices and leadership position to urgently refer the allegations of corruption and abuse of office against Mr Maikanti Baru, Group Managing Director Nigerian National Petroleum Corporation (NNPC) to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for investigation, and if there is relevant and sufficient admissible evidence, for him to face prosecution.”

The organisation also urged Buhari to “suspend Mr Baru pending the referral to the EFCC and ICPC, and the outcome of any investigation by the anti-corruption agencies in order not to create the impression that your government is treating Mr Baru as a sacred cow. We urge you not to allow the allegations against Mr Baru go the way of past inconclusive investigations of allegations of massive corruption within the NNPC.”

In the letter dated 5th October 2017 and signed by SERAP executive director Adetokunbo Mumuni the organisation said that, “The allegations by Dr Kachikwu constitute grave breaches of the Corrupt Practices and Other Related Act of 2000; and the UN Convention against Corruption (UNAC) which Nigeria recently ratified. In particular, the UN Convention against Corruption imposes clear obligations on Nigeria to investigate allegations of corruption such as the present one; prosecute suspected perpetrators and ensure return and repatriation of proceeds of corruption.”


The letter reads in part: “SERAP is concerned that years of systemic corruption within the NNPC and looting of Nigeria’s natural resources have had uneven consequences against the vulnerable groups of the society, including the poor, women and children, perpetrating and institutionalising discrimination, and jeopardising the needs and well-being of future generations. If left unaddressed, the allegations by Dr Kachikwu have the potential of undermining your government’s expressed commitment to returning Nigeria to the path of transparency and accountability.”


“SERAP believes that Mr Baru’s case presents your Administration with yet another rare opportunity to reassure a lot of Nigerians who may be worried about the direction of travel of your anti-corruption agenda. Rather than keeping silent on the matter, we advise you to use this case to show to Nigerians that no form of corruption will be tolerated in the NNPC under your watch.”


“SERAP also believes the recommended approach would help to address the growing public suspicion and pessimism about your government’s ability to fight high-level official corruption to a standstill, and to avoid any collateral consequences. It is absolutely important that the public should have complete confidence and trust in your Administration’s oft-repeated commitment to fight corruption and the impunity of perpetrators.”


“SERAP notes the recent allegations of corruption against Mr Baru by Dr Emmanuel Ibe Kachikwu, Minister of State of Petroleum and Chairman NNPC Board. In the letter to you Dr Kachikwu alleged among others appointments and postings in NNPC without due process; award of contracts above $20m without following the legal and procedural requirements for such contracts including the Crude Term contracts- value at over $10bn; the DSDP contracts- value over $5bn; the AKK pipeline contract- value approximately $3bn; various financing allocation funding contracts with the NOCs – value over $3bn; and various NPDC production service contracts – value at over $3bn–$4bn.”


To assist the government to achieve this public confidence and trust, effectively spread the gospel of anti corruption, and be on the right side of history, SERAP asked Buhari to implement the following recommendations:


Urgently refer the allegations against Mr Baru to both the EFCC and ICPC for further investigations, and if there is relevant and sufficient admissible evidence, for him to face prosecution;
Pending the referral to the EFCC and ICPC, to suspend Mr Baru from his position as Group Managing Director NNPC, pending the outcome of any investigation by the EFCC and ICPC;


AGF rules out bringing back Diezani to Nigeria,  says former Minister should face UK trial first 

Attorney General rules out bringing back Diezani to Nigeria,  says former Minister should face UK trial first 

Diezani Alison-Madueke

…says ex-minister should face her UK case

Olalekan Adetayo, Abuja

The Attorney-General of the Federation, Abubakar Malami (SAN), on Wednesday said there was no need for the Federal Government to bring a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, back to Nigeria to face corruption charges.

Malami, in an interview he granted State House correspondents in Hausa at the Presidential Villa, Abuja, said the move was not necessary since the United Kingdom was already investigating the former minister.

Alison-Madueke had urged the Federal High Court in Lagos to compel the AGF to bring her back to Nigeria from the UK, where she travelled to shortly after leaving office in 2015.

She said she would like to appear in court in Nigeria to defend a criminal charge, bordering on alleged laundering of N450m, where her name had been mentioned.

The main defendants in the charge are a Senior Advocate of Nigeria, Mr. Dele Belgore; and a former Minister of National Planning, Prof. Abubakar Suleiman.

But Malami said the UK authorities were already taking appropriate steps on the matter.

The minister however said if the Federal Government later saw any reason to bring the former minister back, it would not hesitate to do so.

He said, “The truth of the matter is that steps have been taken by the United Kingdom authorities on issues bothering on corrupt practices involving Nigerians.

“If Nigeria feels strongly that there is need to bring  Mrs. Diezani Allison-Madueke here to face charges of corruption, government will not hesitate to do that.

“As things are  now, there is no need for that since the UK Government is already investigating her and government will not take any decision that will jeopardise what the UK Government is doing.”

Malami said the government was working hard on issues of corruption and litigation in Nigeria and outside the country.

He said it would be wrong to conclude that the government was not doing anything on the matter, considering the fact that there is an existing understanding between Nigeria and other countries especially UK on the recovery of stolen funds.

When asked if Alison-Madueke can get fair hearing in Nigeria, Malami said, “Well, the issue is not about fair hearing now. We are talking about investigation first and is not within Mrs. Diezani Allison-Madueke powers to ask the Federal Government to bring her to testify in any case in Nigeria.

“Mrs. Diezani Alison-Madueke is facing charges of money laundering and acquisition of properties in United Kingdom. So, it is important to face the charges there than for her to come as a mere witness in a case in Nigeria.”

Source: The Punch