Corruption in High Places: How Former IGP Ehindero Soiled His Hands

// News | Breaking News | Corruption in High Places: How Former IGP Ehindero Soiled His Hands
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font

Former IGP Sunday Ehindero and wife

By SaharaReporters, New York

More facts emerged on Sunday on how a former Inspector General of Police (IGP), Mr. Sunday Ehindero, and a former Commissioner of Police, Mr. John Obaniyi, fraudulently embezzled police funds.
Investigations show that while serving as the IGP, Ehindero had collected the sum of N500m as donations from then Governor of Beyelsa State, who is now the President, Dr. Goodluck Jonathan, to buy equipment for the Nigeria Police Force.

Ehindero, with the connivance of Obaniyi, split the money into two, paying the sum of N300m into Wema Account and N200m into the defunct Intercontinental Bank. Both deposits were fixed.
On July 4, 2006, Obaniyi, who was then the CP (Budget) at the Force Headquarters, Abuja, wrote a letter to the Managing Director of Wema Bank at Cental Business Area, with the reference number CV.1929/PB/FHQ/ABJ/Vol.6/408.

Obaniyi, under the headline, “Investment” wrote, “The Inspector-General of Police has approved the placement of the sum of three hundred million naira (N300,000,000.00) only in your bank for 90 days.
“I attach herewith First Bank of Nigeria Plc cheque No 01111782 dated 4th July, 2006 for the sum of three hundred million naira (N3000,000,000,00) only for investment at 10% interest rate.
“Acknowledge receipt, please.”

On July 10, 2006, the bank, in a letter signed by Modupe Bakre (Unit Head) and Femi Feyide (Regional Manager, North) acknowledged receipt of the placement and thanked the IGP for the deposit.

The bank, in another letter signed by the duo of Bakre and Feyide to Obaniyi on October 16, 2006, informed him about the maturity of the deposit but also said the deposit had been rolled-over.

However, Obaniyi wrote back on November 8, 2006 that the investment should be terminated, adding that

“It will be appreciated if a draft of the three hundred million naira is raised in favour of ‘Inspector General of Police’ and made available to this office, please.”

The request was honoured on November 9.

Before then, on October 13, 2006, Obaniyi wrote another letter to the bank asking for the 10% interest on the investment to be made available in cash for operational expenses.

The bank agreed and sent the cash of N7, 377,260.27(Seven million, three hundred and seventy seven thousand and sixty naira, twenty seven kobo) “being the accrued interest” on the placement for 90 days.
Apart from this, he also got another N2, 465, 753.42 for extra 30 days that the money was with the bank as shown in the letter sent to Obaniyi by the bank’s Business Manager, Jide Bello.  

At Intercontinental Bank where the sum of N200m was fixed, Obaniyi paid in the sum via a First Bank of Nig. Plc cheque number 01111788 “dated 10th July, 2006.”

The bank also acknowledged the receipt in a letter signed by Anuli Nwangeneh (Relationship Officer, Public Sector) and Kemi Adedoyin (Relationship Manager, Public Sector).

On the same October 13 that Obaniyi wrote to Wema Bank asking for 10% interest in cash on the investment there as operational expenses, he also wrote to demand of Intercontinental that since the money there had matured a day earlier, “It will be appreciated if the 10% interest on the investment can be made available in cash for operational expenses urgently, please.”  It was the same language used in the letter to Wema.

Perhaps, knowing that something was fishy in the demand for the payment of cash by Obaniyi, the duo of Nwageneh and Adedoyin wrote to the Executive Management of the bank, asking for permission to pay cash, which they said was against the normal practice “since the normal practice is that the interest accrued on the deposit should be issued to the Nigeria Police using our Manager’s cheque since the account with us is a fixed deposit account and not operations account.

“We hereby seek your approval to pay cash of N4,986,301.37 being the interest on N200m at 10 % for 91 days.”

The approval was granted with an instruction that “the CP budget acknowledges the payment.”
At the end of the day, Obaniyi, who was the sole signatory to the said account into which the N200m was deposited, was issued a cash (open) cheque on 19th October, 2006 for the interest.

On 8th November, 2006, Obaniyi wrote to the bank informing its management about the termination of the investment. He, therefore, demanded that “it will be appreciated if a draft for the two hundred million naira is raised in favour of ‘Inspector General of Police’ and made available to this office, please.”

The following day, the bank replied him via a letter written by Tunde Bajela (Group Executive, Public Sector) and Jimi Shotunde (Group Executive, FCT &North Central) by raising the cheque for the amount.
Now, Ehindero is being asked to explain the whereabouts of the funds and the interests that accrued to it. An Abuja High Court had already ordered the Independent Corrupt Practices and other related offences Commission to arraign both Ehindero and Obaniyifor money laundering to the tune of N557 million.

Obaniyi had been dismissed from the Force over corruption by the Police Service Commission when he tried in vain to smuggle large sum money running into hundreds of millions from Force Headquarters immediately Ehindero was retired.

Tagged : No tags for this article

Headlines Newsview all

Biggest Manhood Ever? Man With 19-Inch Manhood Makes New Video To Prove (Watch) 18+

A Mexican man, Roberto Esquivel Cabrera just got an offer that could earn him a fortune...all because he has a 19-inch penis.  52-year-old Mexican citizen, Roberto ... Full story

Unbelievable! Story Of Pa Taiwo Akinkunmi, The Man Who Designed Nigeria's Flag

Michael Taiwo Akinkunmi, the man who designed Nigeria's flag is still alive but his present living condition is that of a forgotten hero.  The famous man ... Full story

OMG!! Married Prominent School Proprietress And Her Male Business Partner Electrocuted To Death In Hotel Shower

Mrs. Ebiegberi Ejor (popularly known as nee Amungo), a 41 year old school proprietress and her male business partner have been electrocuted to death in ... Full story

So Sad!! Funeral Held For Syrian Toddler Who Drowned Off Turkey

Aylan Kurdi, the toddler whose drowning made headlines around the world, was laid to rest alongside his brother and mother in the family's hometown in ... Full story

Pastor Chris Okotie Replies Emeka Ike Over Allegations (Must Read)

Following accusations levelled against Pastor Chris Okotie of the Household of God Church, the clergy has responded to his accuser, Nollywood actor, Emeka Ike. Speaking through ... Full story

Horrible!! Trailer Crush Okada Rider, Student To Death In Benue (Very Graphic Images)

A trailer has crushed an Okada man and a student leading to their instant death in Benue.  A motorcycle rider and a student were crushed to ... Full story

Nigerian Born Spanish Lawyer, Emerges Presidential Candidate In Spain (Photo)

A Nigerian woman named Helen Mukoro who is a lawyer by profession is currently making the country proud in diaspora as she has emerged as ... Full story

Horrible!! Housemaid, Stabs Boyfriend To Death, Says He Deserved To Die

A housemaid, Blessing Edeh, has stabbed her boyfriend, Edet Ebong, to death in the Lekki area of Lagos State. The 24-year-old Uyo, Akwa Ibom State indigene, ... Full story

OMG!! Nigerian Cult Members Bury Motorist Alive In Lagos

A war is brewing in the Mushin area of Lagos State after some suspected cultists dragged a motorist out of a commercial bus and buried ... Full story

Unbelievable! I Lost All My Memory And Could Hardly Stand On My Legs - Julius Agwu Talk On Brain Tumor

Julius Agwu has made his first appearance on TV following his surgery and the ace comedian is simply thankful. He spoke to Channels TV and explained ... Full story

Ekiti State Workers Crying And Begging Fayose Not to Sack Them (Video)

A video footage has emerged online, showing Ekiti State Governor, Ayo Fayose threatening to sack his workers who came late to work as they lay ... Full story

Comment on: Corruption in High Places: How Former IGP Ehindero Soiled His Hands

Rate this article

0

Breaking News

Super Eagles Taking A Stroll In Tanzania Ahead Of Tomorrow's Game

The Super Eagles were seen stretching their legs around the hotel they are lodged in Tanzania ahead of tomorrow's game.  The national football team of Nigeria ... Full story

Unbelievable! Dangote Cement Reduces Price Of Cement Again! Checkout New Price

Dangote Cement has again slashed the price of its 60kg bag of cement to Building material manufacturer, Dangote Cement announced a N300 reduction in the ... Full story

Timaya! Pride Of Bayelsa (Photos)

Aside always dressing in all foreign wears, one sometimes just need to try out some traditional attires to acknowledge his or her tradition. Most Nigerian men ...

Actress Anita Joseph Loses Father Too

Dark and curvy Nollywood actress, Anita Joseph has joined the league of star that are mourning at the moment. The Anambra State born diva lost her ...

Stella Damasus Gets Heartbroken By Joseph Benjamin Video

Nollywood actress Stella Damasus delivers a sincere heartbreaking performance in Robert Peters‘ directed movie, Affairs of the Heart. She plays a hardworking, loving medical doctor in ...

Ebonyi, Osun, Niger Get N43b CBN Bailout Loans

Tanks have credited three more states with the bailout loans they applied for to enable them to pay workers’ outstanding salaries. Sources at the Central Bank ...

Find Out What Duncan Mighty Want To Do With His Wedding

Port Harcourt-based singer, Duncan Mighty, who walked his wife, Vivien, down the aisle on July 25, 2015, is very excited how things have turned out ...

I Will Never Get Married if I Impregnate A Lady Before Wedding…Don Jazzy

Mavin records boss, Don Jazzy, definitely knows how to keep fans and media guessing and wondering about his kind of personality but can never be ...

Actress, Mama Ereko Yet To Recover from Spiritual Attack

Veteran actress Morenike Alausa aka Mama Ereko is said to be battling some spiritual problem that materialized in form of hopelessness and depression. According to reports, ...

Tayo Faniran Is Just A Fine Boy With No Talent - Charles Novia

Nollywood producer and critique, Charles Novia, has thrown in the axe and this time around it landed on the door step of former BBA star, ...