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Dozy Mmobuosi Hails Police for Clearing Tingo of Fraud, Says Allegations by the West a Conspiracy, Perceived Malice

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By Eric Elezuo

Popular Nigerian businessman and Founder, Tingo Group, Dozy Mmobuosi, has lauded the Nigerian Police Force, particularly the Federal Criminal Investigation Department (FCID), for giving him and the Tingo family a clean bill of health after due diligence and thorough investigation over fraud allegations. He noted that all allegations of infractions against him and his business interests were “baseless and unfounded”.

The Tingo Founder made these observations during a press briefing tagged, ‘My Battles with Western Powers: Setting the Record Straight’, at his Victoria Island office on Saturday, where he lambasted the West, especially the United States authorities for false multi-million dollar fraud allegations against him.

Mmobuosi was on August 20 exonerated by the FCID of all wrongdoing charges brought against him and his business concerns.

The legal unit of the FCID insisted that there is no evidence to prosecute Tingo Foods, Tingo Mobile Plc, and its founder, Dozy Mmobuosi, over allegations of fraud, and therefore, exonerated him and Tingo Group of alleged fraudulent diversion of funds and falsification of financial reports.

“I want to specially thank the Nigeria Police Force’s Criminal Investigation Department (FCID) for their diligence during months of investigation and the courage afterwards to clear, without fear or favour, Tingo Foods, Tingo Mobile and myself of fraud allegations,” he added.

During the news conference, the businessman said his success as an African entrepreneur is “perceived as a threat” by the United States Securities and Exchange Commission (SEC), which came after him with false allegations in 2023, and other like-minded western authorities.

Among other allegations, the US SEC said Mmobuosi gave false narratives about owning $461.7 million when he only had less than $50 in all accounts.

As a result, on November 16, 2023, the commission suspended Tingo from the US stock market for allegedly providing “inadequate and inaccurate information about its assets”.

Rejecting all the actions against him however, the entrepreneur said the allegations were unfounded, adding that he was “preparing to contest them to the full extent of his capacity”.

While denying the allegations of wrongdoing, Mmobuosi said they are “deliberate attempts by certain powers in the West and in Nigeria for selfish reasons”, stating categorically that he would not be bullied into submission by anyone.

“I am compelled to address the series of orchestrated attacks and false narratives against me and my business interests, Tingo Group and its subsidiaries,” he said.

“My decision to invest in the beverage and telecom industries, as well as my acquisition of Sheffield United, a historic British football club, has been met with resistance and intimidation from the American government and other powerful forces for obvious reasons.

“It is no secret that my success as a Black African serial entrepreneur has been perceived as a threat by some.

“The notion that I, a Nigerian, could achieve such milestones is difficult for some to accept. However, I will not be deterred; I will continue to invest in my country and other friendly and fair countries.”

He stressed that all allegations of wrongdoing, are claims “motivated by malice”.

The businessman also said the flagship of his product, Tingo Cola, “is a testament to his commitment to quality and excellence”.

“I want to categorically deny allegations that I floated the DOZIE stocks to defraud shareholders,” Mmobuosi said.

“These claims are baseless and motivated by malice. My organization has made significant investments in agriculture, beverage manufacturing, media, telecoms, and state-of-the-art healthcare services here in Nigeria.

“I make bold to say that I have never received any form of donations from anyone or any groups. Should there be anyone with evidence to the contrary, let the person call me out, rather than resort to malicious publications.”

The businessman also canvassed for support for Nigerian investors instead of condemnation, saying there was a need for the government to support Nigerian investors for positive economic growth.

“I passionately urge the Nigerian authorities to continue to support patriotic entrepreneurs like myself, Aliko Dangote, and a host of others who have invested heavily in our great nation,” the businessman said.

“We deserve encouragement, not hindrance and character assassination.

“I will continue to fight for my rights and the rights of Nigerians to succeed in business, free from harassment and intimidation. I am proud of my businesses which rest on solid achievements and hard work.”

With the latest vote of confidence passed by the Nigerian Police, it’s believed that the businessman will bounce back to reclaim all lost grounds.

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New Platform, Same People-Oriented Agenda: Abimboye Declares Support for Gov Adeleke

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Media executive and politician, Michael Babatunde Abimboye, popularly known as Omo Ajonbadi, has thrown his full weight behind the Executive Governor of Osun State, Senator Nurudeen Ademola Jackson Adeleke, following the Governor’s historic adoption of the Accord Party as his new political platform.

In a statement released on Tuesday, Abimboye described the Governor’s decision as courageous, strategic, and people-driven, noting that it reflects a leadership style firmly anchored in the collective will and aspirations of the people of Osun State.

According to him, the move signals a renewed commitment to inclusive governance, grassroots development, and policies that place the welfare of citizens above partisan considerations. He emphasized that the Governor’s political direction aligns with the yearnings of ordinary Osun people for continuity, stability, and sustained development.

Abimboye further reaffirmed his total solidarity with Governor Adeleke and declared his readiness to mobilize support at the grassroots level ahead of the forthcoming re-election. He expressed confidence that the yellow identity of the Accord Party symbolizes unity, progress, and victory for the state.

He added that Osun’s future remains promising when leadership listens to the people and citizens stand resolutely behind a shared vision of growth and transformation.

The statement concluded with a note of optimism, describing the new political journey as a pathway to accelerated development and stronger democratic participation across the state.

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Insecurity: Act Decisively As You Did in Benin Republic, ADC Chides Tinubu

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The African Democratic Congress (ADC) has urged President Bola Tinubu to demonstrate the same speed and firmness he showed while responding to the recent coup attempt in the Benin Republic, in tackling the worsening insecurity across Nigeria.

The party said the government’s rapid deployment of support to the neighbouring country sharply contrasts with its slow and inconsistent approach to confronting banditry, terrorism and violent crime that continue to devastate communities nationwide.

On Sunday, a group of soldiers announced a takeover of the government in the Francophone West African country.

Hours later, the Benin Republic presidency said President Patrice Talon was safe, adding that the “regular” army was regaining control.

The Nigerian Air Force (NAF) also assisted the Beninese government by carrying out combat air patrols around Cotonou, the Benin Republic.

In a statement on Monday, Bolaji Abdullahi, national publicity secretary, ADC, urged the federal government to show similar decisiveness in tackling insurgency, banditry, and violent crime across Nigeria.

Abdullahi said the government’s ability to act quickly abroad highlights its slow and haphazard response to domestic insecurity, which is devastating communities.

He also expressed concern about democratic reversals in the West African region and stressed that the best safeguard for democracy is good governance anchored on improved livelihoods and tolerance for opposition.

“The African Democratic Congress (ADC) welcomes Nigeria’s swift intervention in the Benin Republic following the announcement of a coup attempt.

“We commend the Federal Government for acting promptly to defend constitutional order in our neighbourhood. However, the government must align this intervention with the legal provisions of our Constitution.

“While the unilateral action taken by the President might have been expedient, it still requires ratification by the National Assembly for military deployment outside Nigeria,” the statement read.

The ADC spokesperson questioned why Nigeria failed to act swiftly in Guinea-Bissau, even when a former president, Dr. Goodluck Jonathan, was at risk.

He added that the government’s rapid response abroad raises concerns about its handling of domestic insecurity.

“Consistency in our mode of operations, especially in foreign interventions, is essential for any country that seeks to lead the sub-region on democracy and stability.

“If Nigeria could respond decisively to threats across our borders, why has it failed to act with similar urgency at home? Banditry, terrorism, and violent crime continue to hold communities hostage, displace families, abduct children, and parade themselves openly,” Abdullahi said.

He noted that defending democracy begins with protecting Nigerian lives, restoring security, and rebuilding trust between citizens and the state.

“The best safeguard against military adventurism is for elected governments to make democracy meaningful by improving citizens’ lives and allowing opposition and alternative voices to thrive,” he said.

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Governor Adeleke Celebrates First Lady, Titilola Adebusola Adeleke @60

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Governor Ademola Adeleke of Osun State has celebrated his wife, the First Lady, Chief (Mrs) Titilola Adebusola Adeleke, as she marks her 60th birthday, describing her as “a pillar of support and a symbol of discipline and morality”.

In a birthday message he personally signed, the governor recalled with nostalgia how the bonding started and how the good Lord blessed the relationship with innumerable achievements and successes , noting that “ the first lady stands for all that a man wants in a woman as to discipline, self control, courtesy among others.

While praising her humility, respect for fellow human beings and capacity to manage people, the governor commended the first lady for her consistent perseverance, her passionate support for the family and her huge contributions to his development and progress in all facets of life.

“My dear wife, you have always been there for me in rough and good times. You are a strong pillar of support who strengthens me in all spheres of life. You remain a paragon of beauty, self control and discipline in your private and public conduct.

“Ever since we met, you have demonstrated your deep love and affection for me. And in the last few decades, your contributions to the family growth and successes cannot be under-estimated. Your day is therefore blessed as you are a blessing to countless beings on this earth.

“As you mark your day in good health and strong heart, I pray to the Almighty God to continue to strengthen, protect and prosper you in all your endeavours. Together, we have been winning. I know and pray that we shall continue to win together.

“As you clock 60 today, I pray for more wisdom and strength as you contribute your own quota to the development of the family and our dear state. You are an indispensable partner as we paddle the canoe of the state ship for good governance.

“My dear wife, I truly love you and I say happy blessed birthday”

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