EFCC arrests 4 over Obasanjo’s $16b power projects Skip to main content

BREAKING: Baba Ọba of Oyotunji Village Dies Suddenly Amid Controversy with New Alaafin of Oyo(GOV. SEYI MAKINDE)

  Shockwaves are reverberating across Yorùbáland and the global Yorùbá diaspora following the sudden death of the Baba Ọba (King’s Father) of the famed Oyotunji African Village in South Carolina, USA. The late Baba Ọba, Lukman Arohunfale, a revered socialite and traditionalist, passed away under circumstances already sparking fierce controversy. His death comes just days after he publicly accused the newly installed Alaafin of Oyo, His Imperial Majesty Oba Akeem Adéyẹmọ Owoade, of allegedly ordering his courtiers to beat him mercilessly during a recent courtesy visit to the Oyo palace in Nigeria. In a widely circulated voice recording, the deceased recounted how what was meant to be a simple homage turned violent. Although the Baba Ọba had reportedly battled ill health in the past year, growing insinuations suggest that the alleged physical assault may have aggravated his condition, ultimately leading to his untimely death. The palace in Oyo recently denied that s...
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EFCC arrests 4 over Obasanjo’s $16b power projects

EFCC arrests 4 over Obasanjo?s $16b power projectsTwo top officials of the Niger Delta Power Holding Company (NDPHC), the company which supervised execution of the $16 billion Obasanjo power projects, have been arrested by the EFCC.  

They were among the four persons detained by the anti-graft agency on Wednesday. The arrests signaled the beginning of the probe of the humongous expenditure during the Obasanjo presidency, with little results to show.  

The NDPHC officials arrested are the Head of Finance Marvel Emefiele and Head of Compensation Eze M. C. Odigbo, The Nation Reported. They are expected to account for the N850 million earmarked as compensation to communities where components of the power project were sited, Others in EFCC’s net are Managing Director of Pivot Engineering Mr. Richard Ayibiowu and the Managing Director of Chris Ejik Nigeria Limited Mr. Christain Ejik Imoka.  

Detectives are on the trail 18 more suspects including two former governors, a former chairman of a bank and a former chairman of an airline. About 15 more companies are also on the EFCC radar, it was learnt last night. There are fears that some of the suspects might have secretly relocated abroad.

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