crime

Lagos Firm Employee Arraigned over Alleged N90m Fraud

Published

9 months ago

February 4, 2026

Q Tinny

A Lagos investment firm employee was arraigned for allegedly diverting N90m and laundering funds through relatives, says Police Special Fraud Unit

An employee of an investment company in Lagos State, Bello Samuel, has been arraigned for allegedly diverting about N90 million from the firm’s account for personal use.

Also read: FG to Arraign Ozekhome Over Alleged London Property Fraud

Samuel was brought before the Federal High Court in Lagos by the Police Special Fraud Unit on charges bordering on conspiracy and money laundering.

In a statement on Tuesday, the PSFU spokesperson, Ovie Ewhubare, said the suspect, who worked in the company’s finance department, allegedly executed the fraud through an insider scheme.

According to Ewhubare, Samuel was accused of fraudulently converting company funds for personal use after a formal complaint by the firm prompted an investigation.

“Following a formal complaint by the affected company, operatives of the unit immediately commenced investigation into the matter,” the statement said.

The PSFU added that upon realising the fraud had been uncovered, Samuel allegedly fled Lagos with members of his family to an unknown destination and cut off communication in an attempt to evade arrest.

Investigations were subsequently extended across several South-West states before the suspect was apprehended in Oye-Ekiti Local Government Area of Ekiti State.

“Further investigation revealed that the suspect habitually laundered the proceeds of the fraud through the bank accounts of friends and relatives to conceal the source of the funds,” Ewhubare said.

He added that investigations were ongoing to track down other persons allegedly connected to the crime.

The Commissioner of Police, PSFU, Kayode Ojapinwa, reaffirmed the unit’s commitment to tackling financial crimes and advised corporate organisations to strengthen internal control mechanisms to curb insider abuses.

Also read: Lagos Court Adjourns $20 Million Fraud Case Against Ponle

In a related development reported in January, Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, convicted and sentenced a 64-year-old former Lagos State education director, Olawale Feliti, to two years and five months’ imprisonment for stealing N48,992,271.73 from Access Bank Plc following an EFCC prosecution.

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crime

Nasarawa Police Launch Forest Offensive Against Bandits

Published

5 hours ago

October 21, 2026

Peculiar Adirika

Nasarawa police operation targets kidnappers, bandits and armed robbers in forest hideouts, with tactical teams deployed across three sectors.

The Nasarawa State Police Command has launched a special security operation targeting bandits, kidnappers, armed robbers and other criminal groups operating in forests across the state.

Also read: Laide Bakare Rejects Eniola Badmus’ ‘Fake’ Apology

The Commissioner of Police, CP Shetima Mohammed, flagged off the exercise in Lafia on Wednesday, October 21, before leading officers towards Alagye Forest in Doma Local Government Area.

Mohammed said the operation followed a directive from the Inspector-General of Police, IGP Olatunji Disu, aimed at strengthening security and restoring lasting peace across Nasarawa State.

He disclosed that tactical squads, anti-kidnapping units and intelligence operatives had been deployed to identified security flashpoints and forest corridors considered vulnerable to criminal activity.

According to the police commissioner, the operation is expected to continue until the end of December, with officers instructed to carry out their duties professionally and comply strictly with the rules of engagement.

To improve coordination and coverage, the command has divided the state into three operational sectors.

Sector A, covering the Lafia zone, is headed by ACP Lamidu Alkali, Squadron Commander of MOPOL 58 in Lafia. Sector B, covering the Akwanga zone, is led by ACP Kadir Umar, Squadron Commander of MOPOL 38 in Akwanga.

Sector C, which covers the Keffi zone, is under ACP Olobekga Saligo, Squadron Commander of MOPOL 69 in Toto.

The Deputy Commissioner of Police in charge of Operations, DCP Sanusi Jidda, will coordinate activities across the three sectors to support the dismantling of criminal camps and improve the effectiveness of the operation.

Mohammed urged residents to assist the security agencies by providing timely and credible information about suspicious movements and activities in their communities.

He assured the public that information supplied to the police would be treated confidentially and encouraged residents to remain law-abiding while continuing their legitimate activities.

The commissioner reaffirmed the command’s commitment to protecting lives and property as the operation gets underway.

Also read: Laide Bakare Rejects Eniola Badmus’ ‘Fake’ Apology

The success of the Nasarawa police operation will depend on effective intelligence gathering, coordination among security teams and cooperation from local communities. The command has yet to disclose details of arrests, weapons recovered or other operational results.