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

Pastor Chris Oyakhilome's Wife Files For Divorce On The Grounds Of Adultery!

Nothing hides forever. May God forgive me, but I have said it here before that Pastor should come open and tell us if marrying More ... Full story

National Universities Commission Publishes List Of Illegal Universities In Nigeria

The National Universities Commission (NUC) wishes to announce to the general public, especially parents and prospective undergraduates, that the under-listed “Degree Mills” have not been ... Full story

Nigerian immigrants seeking asylum under harsh conditions in Pretoria, South Africa - Video Video

Here are some photos and a video shot that captures the plight of Nigerian immigrants seeking asylum under harsh conditions in Pretoria, South Africa. According to ... Full story

Nollywood Actress Kate Henshaw Going Into Politics - Video

Kate Henshaw has told Reporters that she will be taking a break from acting for now to pursue her political career. She also says she ... Full story

Nigeria’s Health Minister Onyebuchi Chukwu Confirms Ebola Death In Port Harcourt

Nigeria has confirmed its first Ebola death outside Lagos – a doctor in the oil hub of Port Harcourt. Nigeria’s Health minister Onyebuchi Chukwu said the ...

Charly Boy Gives Lessons On Marriage

Son of late Justice Chukwudifu Oputa, Charles, better addressed as Charly Boy, says marriage is not all about finding someone who matches up with on ... Full story

Samuel Sadela, Nigeria’s Oldest Pastor, Dies At Age 114

The Founder and President of the Gospel Apostolic Church, Pa Samuel Sadela, has passed on. He was aged 114. Although a senior pastor in the church reportedly ...

Nigerian soldiers that fled to Cameroon following a fierce battle with Boko Haram militants, return

Some of the Nigerian soldiers that fled to Cameroon following a fierce battle with Boko Haram militants in locations around Borno and Adamawa states have ...

Pastor Chris Oyakhilome Says Many Pastors Will Go To Hell

Founder and head pastor of Believers Love World, popularly known as Christ Embassy, Chris Oyakhilome left members of his church shocked with his revelation while ... Full story

Ebola scare: Passengers quarantined at Scottish Airport after 10-year-old Nigerian passenger became ill

 Shocked airline passengers were recovering following a terrifying ebola scare which saw them quarantined for 90 minutes at a Scottish Airport yesterday, Mailonline reported.More than ... Full story

Fulani clash with Eggon youths in Nasarawa State leaves 17 dead

No fewer than 17 people were killed on Sunday night during a clash between suspected Eggon youths and their Fulani counterparts in  Alingani Fadaman Bauna, ... Full story

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

Rate this article

0

Breaking News

Chris Oyakhilome's Wife, Anita Files For Divorce On Adultery Grounds

News reaching Nigeriafilms.com from The Cable has it that the dissolution of the marriage between Christ Embassy Church founder, Pastor Chris Oyakhilome, and his wife, ...

"You Do Not Have To Have University Education To Be Able To Make It" Folorunsho Alakija

No one would immediately believe that Mrs Folorunsho Alakija one of Africa's richest women and chairman of Famfa Oil never had a University education.The mother ...

Davido Lied! He Can’t Afford The Acquisition And Maintenance Of A Private Jet, See Why- Pas Chikero

Davido Lied! He Can’t Afford The Acquisition And Maintenance Of A Private Jet, See Why- Pas Chikero Nigerian Entertainers love to create hype with things ...

"The Devil Is Taking It Personal To Attack Marriages" --Mercy Aigbe

Nollywood actress Mercy Aigbe is giving advice to ladies who are not yet married, she said there is no need to rush into marriage and ...

You Cannot Return Me To My Parents- Tiwa Savage Tells Husband

With the whole break up saga that goes around celebrity marriages these days, singer, Tiwa Savage-Balogun has intended to stay married no matter what.The singer ...

MISTRESS TEARS MOVIE DIRECTOR’S HOME APART

Another scandal is currently raging in Nollywood. And this time, it involves an elderly movie director who cannot put his two legs in one place. ...

FASHION POLICE REPORT: I Strongly Disapprove of This Look Tiwa

Tiwa Savage in a denim mini dress from the Agbani Darego collection Tiwa Savage (popularly known as the first lady of Mavin Records), stepped out in ...

I Don’t Show off My Wealth Because I Need My Fans Love……….Rapper, Reminisce

Yoruba rapper, Remilekun Shafaru popularly known as Reminisce, says he almost quit music four months before his fortune improved.According to the indigenous rapper, he actually ...

FG pays N25bn GENCOs’ gas debts to boost electricity supply

President Goodluck Jonathan, yesterday, said the Federal Government has paid off power generation companies,’ GENCOs, N25 billion debts owed gas companies for gas supplies in ...

BREAKING NEWS: Nasir El-Rufai Mocks Boko Haram Revealed Sponsors: SHERIFF AND IHEJIRIKA

In a recent interview with Arise TV, Australian hostage negotiator, Stephen Davis, revealed some Nigerians whom he claimed were allegedly behind the sponsoring of the ...