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P-Square Fraud Trial: No Evidence To Prove Peter Okoye’s Claim That Jude And Paul Okoye Fraudulently Withdrew $800,000 – EFCC Tells Court

On Friday, the Economic and Financial Crimes Commission (EFCC) informed a Lagos State Special Offences Court in Ikeja that it has no evidence to back Peter Okoye’s claim that his brothers, Jude and Paul Okoye of the former music group P-Square, fraudulently withdrew $800,000.

Peter had petitioned the EFCC in 2024, claiming that Jude diverted funds belonging to P-Square, operated 47 undeclared bank accounts, and manipulated the shareholding structure of Northside Entertainment Ltd., a company jointly owned by the brothers.

The petition led to charges being filed against Jude over alleged financial mismanagement of the P-Square brand.

At the resumed cross-examination on Friday, the EFCC counsel, Mohammed Bashir, told Justice Rahman Oshodi that the commission could not tender evidence supporting the alleged $800,000 withdrawal.

He said, “We do not have it. It is his evidence. Let him prove it. I can’t give what I don’t have.”

Jude and his Northside Music Limited company were arraigned on March 4, 2025, on four counts relating to the alleged stealing and conversion of $1 million and £34,000 in royalties from music digital distribution and publishing.

At the arraignment, the EFCC claimed Jude and Northside Music Limited allegedly converted $767,544.15 of payments made by Lex Records Limited for digital music distribution, intending to permanently deprive Peter of his interest. Jude was granted bail of N50m on March 6, 2025.

During the trial, on May 23, 2025, Peter testified that new evidence showed Jude and Paul withdrew and shared over $800,000 between March 2023 and October 2024. Under cross-examination by defence counsel Clement Onwuenwunor (SAN), he revised the timeline to 2013–2014.

Peter also claimed Jude operated 47 bank accounts and held an 80% stake in Northside Entertainment. The EFCC denied possessing records of the accounts.

Bashir said, “I do not have 47 bank accounts. It is one of the witness’s claims, but I do not have such a copy.”

The defence tendered Corporate Affairs Commission records contradicting Peter’s claim of an 80% stake.

Peter further admitted he only became aware of Northside Music in 2024 when artist Cynthia Morgan sent him her contract on the company’s letterhead, though her albums were credited to Northside Inc.

Justice Oshodi adjourned proceedings to December 12, 2025, for continuation of the trial.

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What Abia Governor, Alex Otti Discussed With Nnamdi Kanu At Sokoto Prison

Alex Otti, the Abia State Governor, has asked the IPOB leader, Mazi Nnamdi Kanu to stay calm and steadfast as he continues efforts to secure his release.

It was gathered that Otti assured Nnamdi Kanu during a visit to the IPOB leader at the Sokoto Correctional Centre.

This was disclosed on Sunday night in a statement issued by his Special Adviser on Media and Publicity, Ferdinand Ekeoma.

Otti, who was accompanied by Abia State Attorney General and Commissioner for Justice, Ikechukwu Uwanna (SAN); Kanu’s younger brother, Prince Emmanuel Kanu; and senior officials of the Sokoto State government, told Nnamdi Kanu that the processes he initiated more than two years ago toward resolving the issue had been “heightened despite recent developments.”

The governor encouraged Kanu to “remain calm but strong,” assuring him that the matter “will be resolved administratively” and that he would eventually regain his freedom.

He also expressed satisfaction that the Sultan of Sokoto shared his stance on the need for Kanu’s release and the broader de-escalation of regional tensions.

Responding, Kanu, who was said to be in high spirits during the visit, reportedly expressed gratitude to Otti for the gesture.

He told the governor that his primary interest was good governance and any effort that would improve the well-being of the people.

He also prayed for God’s guidance for Otti and his team as they continue to serve the state.

The Abia government noted that Kanu was “all smiles” during the meeting and appreciative of the renewed efforts to address his situation.

Recall that following Kanu’s sentencing to life imprisonment, Governor Otti had disclosed that efforts to free the IPOB leader were already underway, stressing that a release framework had been quietly activated “during the trial.”

Kanu was imprisoned after being found guilty of terrorism related crimes.

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FG Will Soon Reveal Terrorists And Their Financiers In Coming Days – Presidency Says

President Bola Tinubu’s Special Adviser on Policy Communication, Daniel Bwala, has announced that the Federal Government is prepared to reveal the identities of terrorism financiers in Nigeria in the coming days.

Bwala made this revelation on Sunday during an interview on Television Continental, TVC.

He stated that the Federal Government was making far-reaching decisions, noting that the results will soon be noticeable.

According to him, terrorism is a global issue, stressing that the demand is now on governments across the world to see how they can cooperate with Nigeria.

He added that terrorism became a global issue since the incident of world trade centre in the United States on September 11, 2001.

Bwala further stated that any part where there is terrorism, it is the concern of the rest of the world, stressing that it is the reason Nigeria needs global support to end it.

“They were in the Middle East, and gradually they are coming towards the Sahel to create a hub of terrorism. That is why the demand is now on the world governments to see how they can cooperate with Nigeria.

“At home, the government is making far-reaching decisions, and in the coming days we will know who the terrorists and their financiers are,” he said.

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Alleged $322.5m Abacha Loot: Ex-AGF, Malami Breaks Silence, Rejects EFCC Claims

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, has refuted claims by the Economic and Financial Crimes Commission (EFCC) concerning the recovery of the $322.5 million Abacha loot, calling the allegations “baseless, illogical, and devoid of factual foundation.”

Earlier, 626Blaze reported that Malami, who was summoned by the EFCC on Friday, November 28, was later released and given fresh appointment dates for further interrogation.

The EFCC is probing alleged duplication in the recovery of the Abacha loot, alongside accusations of abuse of office and money laundering.

In a statement on Sunday, Malami said the EFCC’s inquiry was premised on the claim that a Swiss lawyer, Enrico Monfrini, had completed the recovery before he assumed office in 2015.

He argued that the allegation collapses when compared with documented facts.

According to him, the recovery of illicit funds can only be deemed completed when the money is lodged into the Federation Account. He noted that as of 2016, when the Buhari administration revisited the matter, no such lodgement had been made.

Malami added that several lawyers, including Monfrini, applied in December 2016 to be engaged for the same recovery, an action he said contradicts the idea that the process had been concluded years earlier.

He explained that Monfrini requested a $5 million upfront payment and a 40 per cent success fee, later reduced to 20 per cent, terms the government rejected in line with its policy that no advance deposits should be paid and that fees must not exceed 5 per cent.

Malami said a Nigerian law firm was eventually appointed on a 5 per cent success fee, saving the country between 15 and 35 per cent of the recovered funds, amounting to tens of billions of naira at current exchange rates.

He also clarified that the Abacha recoveries handled under his tenure came in separate tranches:

$322.5 million repatriated from Switzerland between 2017 and 2018, deployed to Conditional Cash Transfers under the National Social Investment Programme, monitored by the World Bank and civil society groups;

$321 million repatriated from Jersey in 2020, earmarked for major infrastructure projects including the Lagos–Ibadan Expressway, Abuja–Kano Road and the Second Niger Bridge.

Malami said attempts to conflate the tranches or suggest duplication do not reflect the facts.

He maintained that his actions as Attorney General were carried out “transparently and in the public interest,” insisting that the allegations against him lack any reasonable basis.

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Panic As Bandits Strike Again, Abduct Pastor, Wife, Other Worshipers During Church Service In Kogi

On Sunday, November 30, some armed bandits attacked a church service in Ejiba, Yagba West Local Government Area of Kogi State, abducting several worshipers.

The attack reportedly occurred at a newly established Cherubim and Seraphim Church, according to a community-based news outlet.

Church members dispersed in fear as the assailants advanced, but the church leader, popularly known as Orlando, his wife and several others were taken away during the assault.

The incident triggered widespread panic as worshippers fled the church, adding to growing security concerns across parts of Kogi State.

Only a day earlier, reports said another group of armed men attacked the Isanlu Makutu–Idofin route in Yagba East Local Government Area, forcing residents and travellers to flee to safety. Witnesses said the Saturday afternoon attack created panic throughout the area.

Authorities and community members said the exact number of people abducted on Sunday remains unclear, with further details still emerging.

The wave of attacks has heightened fear in neighbouring communities, prompting many residents to remain indoors, while commuters are diverting to avoid the troubled route.

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Boko Haram Began Under Your Watch, Presidency Fires Back At Obasanjo

Sunday Dare, Special Adviser on Media and Public Communication to President Bola Tinubu, has condemned former President Olusegun Obasanjo and other critics, accusing them of making “ignoble” attempts to undermine the administration’s ongoing efforts to tackle terrorism in Nigeria.

In a statement titled “Between Tinubu’s Capability and the Ignobility of Pseudo Statesmanship,” issued via his X handle on Sunday, Dare addressed recent comments from Obasanjo and “habitual presidential aspirants” portraying the Tinubu government as incapable of protecting Nigerians.

Dare argued that such criticisms ignore the reality of widespread terrorist threats and amount to “capitulation” rather than genuine statesmanship.

Obasanjo and other opposition leaders, including ex-Vice President Atiku Abubakar and former presidential candidates, had in recent weeks criticised the rising attacks in the country and faulted the Federal Government’s non-kinetic approach.

Speaking at a Jos, Plateau State event on Friday, Obasanjo expressed displeasure over rising insecurity, saying Nigerians have the right to seek foreign intervention to cover what he described as the government’s failure to protect its citizens.

“No matter what religion you belong to. No matter where you come from. No matter your profession, we Nigerians are being killed, and our government seems to be incapable of protecting us.

“We are part of the world community. If our government cannot do it, we have the right to call on the international community to do for us what our government cannot do for us,” he said.

Reacting, Dare described the ex-president’s comments as “hypocritical and ignoble,” stating they ignored historical realities and insisting that Boko Haram incubated and grew under Obasanjo’s civilian administration.

“The suggestion that Nigeria should effectively subcontract its internal security to foreign governments is not statesmanship; it is capitulation.

“Before recommending surrender, the former President should reflect on what he failed to do when these terrorists first began organising under his watch,” the statement reads in part.

“It is historical fact that the ideological foundations and early cells of Boko Haram were incubated during Obasanjo’s civilian presidency. While they recruited, indoctrinated, built camps, and flaunted authority, the state failed to act decisively. 

“What began as a preventable extremist sect transformed into a violent insurgency, a cross-border terrorist franchise, a regional menace aligned with global jihadist movements.


“For the leader under whom the first seeds of terrorism were allowed to germinate to now issue public lectures is not just ironic, it is reckless,”
Dare added.

The presidential aide stressed that Tinubu is confronting a multifaceted terrorist threat through a combination of military pressure, intelligence-led operations, governance restoration in contested areas, and community and counter-radicalisation programmes.

Dare added that undermining the government’s capacity could embolden terrorists.

“When former leaders disparage the nation’s capacity, they hand psychological victories to the very terrorists murdering, kidnapping, and extorting Nigerians.

“If Obasanjo wishes to help, he should acknowledge the past failures that allowed terrorists to gain a foothold, and then support ongoing efforts, not undermine them.

“Let him put his position and connections at Nigeria’s disposal like he has done for other countries. Not seek to put down an administration that is fully engaging on many fronts: economic turnaround, providing security, and building key infrastructure,” he added.

The aide called on all Nigerians to support the administration’s security strategies.

“President Bola Ahmed Tinubu remains committed to securing every inch of Nigeria by confronting terrorists with strength, unity, and a whole-of-government strategy. Let all patriots join hands now and not raise alarms.

“This administration will not be distracted by selective amnesia wrapped in elder-statesmanship, nor will it allow those who midwifed Nigeria’s early security failures to rewrite history,” Dare said.

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Abia Governor, Alex Otti Visits Nnamdi Kanu In Sokoto Prison

Abia State Governor, Alex Otti, on Sunday paid a visit to Mazi Nnamdi Kanu, the convicted leader of the proscribed Indigenous People of Biafra (IPOB), at the Sokoto Correctional Centre.

Kanu’s special counsel, Aloy Ejimakor, and Prince Emmanuel Kanu disclosed the development in separate posts on their Facebook pages.

Ejimakor, in his post, thanked the governor “for fulfilling the promise you made to me to visit your brother, MAZI NNAMDI KANU. You’re a man of your words and gutsy to boot.

“May God bless you. And may your august visit to Sokoto today be the first step to ending this undeserved ordeal, sooner than later.”

On his part, Emmanuel Kanu wrote, “Governor Alex Otti and the people of Sokoto have made a unified statement by visiting Mazi Nnamdi Kanu.”

Recall that upon Kanu’s sentencing to life imprisonment, Governor Otti had said plans were in motion to secure the release of the IPOB leader from prison.

Otti said he had already activated a strategy to secure Kanu’s final freedom, which, according to him, he had earlier initiated during Kanu’s trial.

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Atiku Slams Nigerian Government Over N17.5trn Pipeline Security Spending

Former Vice President Atiku Abubakar has criticised the Federal Government following reports that the Nigerian National Petroleum Company Limited spent N17.5 trillion in one year on pipeline security—an amount he described as unprecedented and deeply alarming.

Atiku made the remarks on Sunday in a statement from his media office, stressing that the revelation stands as one of the most brazen financial scandals in the nation’s history.

The statement compared the alleged spending to Nigeria’s fuel subsidy expenditure over more than a decade, saying: ”For clarity, Nigeria spent roughly N18 trillion on fuel subsidy over a period of 12 years, a national programme that directly cushioned millions of Nigerians, stabilised the transport sector, and helped keep food prices manageable.”

According to the statement, the Tinubu administration had channelled almost the same amount in a single year into opaque security contracts.

“Yet, under President Bola Ahmed Tinubu, the country has now expended nearly the same amount in a single year on the same subsidy and opaque pipeline security contracts awarded to private firms tied to associates and cronies of the President.

“Indeed, the action of the President is akin to robbing Peter (Nigerians) to pay Paul (cronies). This is not governance. This is grand larceny dressed as public expenditure,”the statement added.

The ex-Vice President also questioned the Tinubu administration’s justification for subsidy removal.

”Nigerians were told to tighten their belts, endure hardship, and ‘make sacrifices.’

“However, the same administration has now channelled N17.5 trillion—an amount that could transform Nigeria’s power sector, rebuild our refineries, or fund universal healthcare—into opaque security contracts whose beneficiaries are conveniently linked to those in power,” he stated.

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EFCC Seizes Late Buhari’s Ex Minister, Malami’s Passport As $490 Million Abacha Loot Probe Deepens

On Saturday, the Economic and Financial Crimes Commission (EFCC) seized the international passport of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, as investigations into the recovery of Abacha loot intensify.

The seizure forms part of the ongoing probe into the movement of $490 million Abacha loot, earlier secured through Mutual Legal Assistance (MLAT).

Malami is now barred from travelling out of Nigeria for one month, following strict bail conditions tied to his temporary release.

It was gathered that the condition for his release at 1:00 a.m. on Saturday was that he report daily for interaction at the EFCC headquarters in Abuja.

The former AGF is expected to provide detailed clarifications to the EFCC regarding the movement and location of the said funds in the coming month.

According to The Nation, a fact sheet disclosed that Malami has multiple issues requiring clarification with the commission over the next 30 days.

It stated, “We have asked him to explain the whereabouts of $490 million Abacha loot secured through Mutual Legal Assistance (MLAT).

“We didn’t say he stole money, but he should account for the loot. This is one of the issues he will clarify to our investigators.

“Considering the huge volumes of documents he has to go through and the detectives he needs to interact with, we have seized his international passport.

“One of the conditions for his release on bail at 1 am on Saturday was that he should report daily to the EFCC headquarters for interaction.

“He cannot travel out of the country except as mutually agreed with EFCC or with the permission of a High Court.

“We won’t join issues with him on his braggadoci,o but we will release our findings to the public after painstaking investigation.”

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EFCC Releases Malami After Interrogation, Gives Fresh Appointment For More Questioning

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has stated that his session with the Economic and Financial Crimes Commission (EFCC), following the agency’s invitation, was “successful.”

Malami, who disclosed this in a post on his X handle on Saturday, said he was released after the interaction and given an appointment for further questioning.

“In line with my undertaking to keep Nigerians updated on my invitation by EFCC, I give glory to Allah for His divine intervention.

“The engagement was successful and I am eventually released, while on an appointment for further engagement, as the truth relating to the fabricated allegations against me continues to unfold,” he wrote.

The EFCC had earlier invited the former minister over allegations linked to his time in office, though the commission has not publicly disclosed details of the issues under investigation.

Malami previously announced that he would honour the invitation, saying it aligned with his commitment to accountability and transparency.