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

Nigeria, Cameroon, Chad and Niger deploy 2,800 troops against Boko Haram

Nigeria, Cameroon, Chad and Niger have agreed to quickly form a new force that would comprise 2,800 soldiers to fight the Boko Haram insurgents. The defence ...

Nine Nigerian Students Kidnapped In The Ukrainian City Of Lugansk

Nine Nigerian students have been reportedly kidnapped in the Ukrainian city of Lugansk, according to a statement by the representative of the National Security and ...

Bomb Explosion In Kaduna Leaves Many Dead!

An explosion has occurred in central Kaduna killing at least 10 people, a witness has said. The blast occurred Wednesday afternoon along Isa Kaita road which ...

Nollywood Actress Bukky Wright’s Second Marriage Crashes

It appears that the second marriage of popular Nollywood actress, Bukky Wright with her husband, Adewale Onitiri, has crashed. Reports say the couple almost ended the ...

Boko Haram Beheads Nigerian Air Force Officer - Very Disturbing Video

A disturbing video which showed a Nigerian Naval officer identified as Umar Abubakar being interrogated and later gruesomely murdered by Boko Haram men in Borno ... Full story

Popular Nigerian Pastor Chris Okotie Shows Off N400m fleet of cars

No doubt, the ageless multi award winning pop Musician, Chris Okotie; now known as Rev. Chris Okotie is a very wealthy man; who loves seeing ... Full story

Charles Okonkwo Jr., Nigerian in New York arrested after killing brother, beating respected doctor mother into a coma

Charles Okonkwo Jr., a Long Island, New York, teenager with a history of psychiatric problems killed his 15-year old brother and brutally beat his mother ... Full story

Parents Of Abducted Chibok Girls Arrive At Presidential Villa

Parents of the school girls that were abducted from Government Girls Secondary School, Chibok , Borno State on April 14, by the dreaded terrorist group, ... Full story

Sulaiman Abdulkarim Isah, Nigerian Man Wins Dubai International Holy Quran Award

A Nigerian man, Sulaiman Abdulkarim Isah has been announced winner of the 18th session of the Dubai International Holy Quran Award which was concluded on ... Full story

Rilwanu Lukman, Former Minister Of Petroleum Dead At 76

Former Minister of Petroleum, Dr. Rilwanu Lukman, is dead. He died this morning in Austria at the age of 76. Lukman, who was born in Zaria, ...

Samuel Kayode, Nigerian Pastor In UK Commits The Biggest Education Fraud In UK History

An accountant at a chain of academies championed by Michael Gove is at the centre of a fraud investigation after £4million of school funds ended ... Full story

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

Rate this article

0

Breaking News

Celebrity Birthday: Bimbo Oshin Ibironke Is A Year Older

Nollywood actress, Bimbo Oshin Ibironke who welcomed a new baby few weeks ago, is marking her birthday today, July 24, 2014.The actress who hails from ...

Too Much Sleep Is Bad For Your Health - A Professor Reveals

The general opinion we are mostly used to is that we need to sleep more to remain healthy and function right.But an expert warns that ...

Breaking News: Another Plane Gone Missing En Route from Ouagadougou

An Air Algerie flight crashed on Thursday en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board, an Algerian aviation official ...

I Dress Comfortably Because of My Short Legs……….OAP, Toolz

When it comes to fashion and style in the media, one can sure give it to Media Mogulette, Toolz Oniru, who can’t but make fans ...

CIPMN tasks FG on indigenous oil exploration

The Chartered Institute of Personnel Management of Nigeria has urged the Federal Government to encourage indigenous operators in the exploration, refining, distribution and exportation of ...

Bayelsa demolishes structures of popular night club

Bayelsa State Capital City Development Authority has demolished some structures of popular night club, Bolex. The CCDA during the week put their bulldozer to work and ...

Beyonce Looks Over Jay-Z’s Shoulder To Read His Text Messages

Hehehehehe...No doubt every girl has done this before. Yes or no? Beyonce is surely no different.     ...

‘Dorobucci’ Fans Not Happy With Video [Watch]

Barely 48hours, the hit track song by the Mavin Crew ‘Dorobucci’ video was released, fans of the group have been left asking questions about the ...

MAVINS - DOROBUCCI ft Don Jazzy, Tiwa Savage, Dr SID, D'Prince, Reekado Banks, Korede Bello, Di'Ja

MAVINS - DOROBUCCI ft Don Jazzy, Tiwa Savage, Dr SID, D'Prince, Reekado Banks, Korede Bello, Di'Ja Story by Nigeriafilms.com Last Updated: 2 hours ago MAVINS - DOROBUCCI ft ...

Jessica Szohr posts cryptic message after ex Tommy Chiabra is seen cosying up to Selena Gomez

Gossip Girl star Jessica Szohr has posted a cryptic message after her ex-boyfriend Tommy Chiabra was spotted with Selena Gomez Gossip Girl star Jessica Szohr was ...