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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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El-Rufai to Remain in ICPC Custody Till June

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Justice Darius Khobo of the Kaduna State High Court has adjourned the bail hearing of former Governor of Kaduna State, Mallam Nasir El-Rufai, to the first week of June, 2026.

El-Rufai is being arraigned on multiple charges bordering on alleged financial crime and abuse of office by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

“Similarly, another charge, number KDH/KAD/ICPC/01/26, against Mallam Nasir El-Rufa’i and one Amadu Sule (LEDA) has also been filed before a Kaduna State High Court in the Kaduna Judicial Division,” the ICPC said last month.

“The charges in the State High Court case range from abuse of office, fraud, and intent to commit fraud to conferring undue advantage, among others. Both charges were filed by the ICPC on the 18th of March, 2026.”

Speaking after the court session, counsel to the former governor, Ukpon Akpan, kicked against the lingering adjournment of the bail hearing by one presiding judge as politically motivated.

The high-profile case has drawn significant public attention, with heightened security presence observed around the court premises.

The former governor had arrived at the court at about 9 am in a convoy accompanied by ICPC officials and operatives of the Department of State Services (DSS).

During the proceedings, supporters of the former governor gathered outside the courtroom, while security agencies maintained order and restricted movement within the vicinity.

Inside the courtroom, journalists, as usual, were not allowed, as proceedings are expected to focus on arguments presented by both the defence and prosecution regarding the bail request.

At the last sitting, the defence team had maintained that their client poses no flight risk and is willing to comply with all conditions set by the court.

Meanwhile, the prosecution has urged the court to carefully consider the gravity of the charges.

The 66-year-old former governor of Kaduna has been in ICPC custody since February 19 following his release by the Economic and Financial Crimes Commission (EFCC).

El-Rufai, a former minister of the FCT, was, however, released on March 27 based on compassionate grounds following his mother’s death.

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Timi Frank Petitions US, Demands Gbajabiamila’s Resignation over ‘Anti-Democratic’ Remarks

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Political activist, Comrade Timi Frank, has called on the United States government to investigate and sanction the Chief of Staff to the President, Femi Gbajabiamila, over alleged actions capable of undermining Nigeria’s democracy.

Frank’s demand followed a viral video in which Gbajabiamila was quoted as telling Hon Leke Abejide, during his wife’s 50th birthday that: “Don’t come to APC. Stay in ADC and scatter them. We like what you’re doing… stay in ADC and win your election… bring Bala Gombe, and we’ll support him. Good luck in court.”

Describing the remarks as “reckless” and dangerous, the former Deputy National Publicity Secretary of the All Progressives Congress (APC), said they point to a deliberate attempt to weaken opposition parties and erode democratic institutions.

“Your statement, as Chief of Staff, raises serious concerns about the determination by President Bola Ahmed Tinubu’s regime to truncate democracy,” he said, adding that “inference can be made that there is an infringement on the independence of the judiciary.”

He warned that any suggestion that courts could be influenced “undermines public confidence in democratic institutions,” citing references to political actors, including Leke Abejide, as requiring clarification to avoid “dangerous interpretations.”

Frank argued that Gbajabiamila’s comments effectively confirm the Presidency’s involvement in crises rocking opposition parties such as the Peoples Democratic Party (PDP), Social Democratic Party (SDP), New Nigeria Peoples Party (NNPP), and the African Democratic Congress (ADC).

“When a Chief of Staff speaks, it reflects the body language of the President. This points to a deliberate attempt to weaken opposition and consolidate power,” he said.

He further claimed that state influence, including the use of the judiciary, is being deployed against opposition parties. “The audacity of the statement suggests nothing will happen even if opposition parties are destabilised. That is dangerous,” he added.

Frank described Gbajabiamila as “an alter ego of the President” who had “displayed the arrogance of power,” insisting that public office holders must uphold restraint, respect for the rule of law and constitutional order.

He also urged U.S. authorities to probe Gbajabiamila’s activities and financial dealings.

“As an American citizen, he should be held accountable. We want to know if he is meeting his tax obligations in line with his earnings in Nigeria,” Frank said, describing him as “a bad ambassador of the United States.”

“We want to be sure that all earnings, including those from official and business engagements in Nigeria, are properly declared and taxed,” he added.

On accountability, Frank insisted resignation was the only honourable option.

“We call for your resignation with immediate effect. If such a statement were made in the United States, the official involved would have resigned forthwith,” he said.

He disclosed plans to petition the U.S. Embassy in Nigeria, stressing that “those entrusted with leadership must reflect humility, constitutional awareness and respect for separation of powers.”

“Power is transient, but institutions must endure. Any comment that diminishes their independence must be corrected,” he added.

The call comes amid rising concerns over the stability of Nigeria’s multiparty system and allegations of increasing pressure on opposition parties.

Comrade Timi Frank is the ULMWP Ambassador (East Africa and Middle East) and Senior Advisor, Global Friendship City Association (GFCA), USA.

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Alleged Coup Plotters Get April 22 Date for Trial, Slammed with 13-Count Charge

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The Federal Government has filed a 13-count charge before the Federal High Court in Abuja against a retired Major General, a retired Naval Captain, a serving police inspector, and three others over an alleged coup plot and acts of terrorism.

The alleged coup plotters, are scheduled to be arraigned tomorrow (Wednesday), April 22, before Justice Joyce Abdulmalik of the Federal High Court, Abuja.

Those named in the charge are Major General Mohammed Ibrahim Gana (rtd), Captain (NN) Erasmus Ochegobia Victor (rtd), Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Kashim Goni, and Abdulkadir Sani.

Also listed as a defendant, but said to be at large, is former Minister of State for Petroleum Resources, Timipre Sylva.

The charge, filed by the Office of the Attorney-General of the Federation and signed by the Director of Public Prosecutions of the Federation, Rotimi Oyedepo, SAN, accuses the defendants of offences ranging from treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.

At the centre of the case is an allegation that the defendants conspired in 2025 to undermine the Nigerian state.

According to the charge, they “conspired with one another to levy war against the state to overawe the President of the Federal Republic of Nigeria,” an offence punishable under Section 37(2) of the Criminal Code.

The prosecution further alleged that the defendants had prior knowledge of a planned treasonable act involving one Colonel Mohammed Alhassan Ma’aji and others but failed to alert authorities.

The charge stated that they, “knowing that and intended to commit treason, did not give the information thereof with all reasonable despatch to either the President or a Peace Officer.”

In another count, the defendants were accused of failing to take preventive steps, as they allegedly “did not use any reasonable endeavours to prevent the commission of the offence.”

Beyond treason, the Federal Government is prosecuting the defendants for terrorism-related offences under the Terrorism (Prevention and Prohibition) Act, 2022.

The charge alleged that they “conspired with one another to commit an act of terrorism in the Federal Republic of Nigeria.”

Particularly, Inspector Ahmed Ibrahim and Zekeri Umoru are accused of participating in meetings linked to terrorist activities.

Prosecutors claim they acted “in a bid to further a political ideology which may seriously destabilise the constitutional structure of the Federal Republic of Nigeria.”

The charge also accused the defendants of providing support for terrorism, alleging that they “knowingly and indirectly rendered support” to facilitate acts of terror.

In addition, the prosecution alleged a deliberate suppression of intelligence, stating that the defendants “had information which would be of material assistance in preventing the commission of the act of terrorism but failed to disclose the information to the relevant agency as soon as practicable.”

The case further traced financial transactions allegedly linked to terrorism financing, with multiple defendants accused of handling proceeds of unlawful activities.
Bukar Kashim Goni is alleged to have “indirectly retained the aggregate sum of N50,000,000, which forms part of the proceeds of an unlawful act, to wit: terrorism financing,” while Abdulkadir Sani allegedly retained N2 million from a similar source.

Zekeri Umoru, according to the charge, “without going through a financial institution accepted a cash payment of the sum of N10,000,000,” and also retained an additional N8.8 million suspected to be proceeds of terrorism financing.

Inspector Ahmed Ibrahim was also accused of taking possession of N1 million linked to the same alleged scheme.

All financial-related counts were brought under the Money Laundering (Prevention and Prohibition) Act, 2022.

The 13-count charge presents what prosecutors describe as a coordinated network involving security personnel, civilians, and a politically exposed individual, allegedly connected to activities threatening national security.

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