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Air Peace Boss, Finance Chief Indicted for Obstruction of Justice

Published

2 years ago

October 13, 2024

Eric

By Agency Report

Allen Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged in a superseding indictment with obstruction of justice for submitting false documents to the government in an effort to end an investigation of him that resulted in earlier charges of bank fraud and money laundering.

Ejiroghene Eghagha, the airline’s Chief of Administration and Finance, was also charged for participating in the obstruction scheme, as well as in the earlier bank fraud counts.

“After allegedly using his airline company as a cover to commit fraud on the United States’ banking system, Onyema, along with his co-defendant, allegedly committed additional crimes of fraud in a failed attempt to derail the government’s investigation of his conduct,” said U.S. Attorney Ryan K. Buchanan. “The diligence of our federal investigative partners revealed the defendants’ alleged obstruction scheme, making it possible for the defendants to be held accountable for their aggravated conduct of attempting to impede a federal investigation.”

“These cases represent the continued commitment of the Drug Enforcement Administration to identify and hold accountable those who engaged in fraud and money laundering,” said Robert J. Murphy, Special Agent in Charge of the DEA Atlanta Division.

“Allegedly, Onyema and his accomplices fraudulently used the U.S. banking system in an effort to hide the source of their ill-gotten money,” said Assistant Special Agent in Charge Lisa Fontanette, Internal Revenue Service – Criminal Investigation Atlanta Field Office. “Today’s superseding indictment is indicative of the dedication IRS-CI special agents and our law enforcement partners have, as part of the Organized Crime Drug Enforcement Task Forces, to neutralize threats to the United States from criminal organizations.”

“The charges announced today demonstrate the criticality of diligence and truth in criminal justice proceedings,” said Steven N. Schrank, Acting Special Agent in Charge, Homeland Security Investigations Atlanta that covers Georgia and Alabama. “HSI and our partners are committed to pursuing those who seek to exploit our nation’s financial system and any efforts to cover up illegal activity.”

According to U.S. Attorney Buchanan, the superseding indictment, and other information presented in court: Onyema, a Nigerian citizen and businessman, is the CEO and Chairman of Air Peace, a Nigerian airline founded in 2013. Between 2010 and 2018, Onyema travelled frequently to Atlanta, where he opened several personal and business bank accounts. More than $44.9 million was allegedly transferred into his Atlanta-based accounts from foreign sources.

Beginning in approximately May 2016, Onyema, together with Eghagha, allegedly used a series of export letters of credit to cause banks to transfer more than $20 million into Atlanta-based bank accounts controlled by Onyema. The letters of credit were purportedly to fund the purchase of five separate Boeing 737 passenger planes by Air Peace and were supported by documents such as purchase agreements, bills of sale, and appraisals. The documents purported to show that Air Peace was purchasing the aircraft from Springfield Aviation Company LLC, a business registered in Georgia.

However, the supporting documents were allegedly fake – Springfield Aviation Company LLC was owned by Onyema and managed on his behalf by a person with no connection to the aviation business, and Springfield Aviation never owned the aircraft. The company that allegedly drafted the appraisals did not exist. Eghagha allegedly participated in this scheme as well, directing the Springfield Aviation manager to sign and send false documents to banks and even using the manager’s identity to further the fraud. After Onyema received the money in the United States, he allegedly laundered over $16 million of the proceeds of the fraud by transferring it to other accounts.

In May 2019, upon discovering that he was under investigation in the Northern District of Georgia for bank fraud, Onyema and Eghagha allegedly directed the Springfield Aviation manager to sign a key business contract, but also specifically told her to not date the document. In October 2019, Onyema allegedly caused his attorneys to present that same contract, now falsely dated as being signed on May 5, 2016 (prior to the bank fraud that began in 2016), to the government in an effort to stop the investigation and unfreeze his bank accounts.

Allen Ifechukwu Athan Onyema, 61, of Lagos, Nigeria, and Ejiroghene Eghagha, 42, of Lagos, Nigeria, were indicted on November 19, 2019, on one count of conspiracy to commit bank fraud, three counts of bank fraud, one count of conspiracy to commit credit application fraud, and three counts of credit application fraud. Additionally, Onyema was charged with 27 counts of money laundering, and Eghagha was charged with one count of aggravated identity theft. On October 8, 2024, they were both charged in a superseding indictment alleging an additional count of obstruction of justice and one count of conspiracy to obstruct justice. The case is criminal action number 1:19-CR-464.

Members of the public are reminded that the indictments only contain charges. The defendants are presumed innocent of the charges and it will be the government’s burden to prove the defendants’ guilt beyond a reasonable doubt at trial.

The Drug Enforcement Administration, Internal Revenue Service Criminal Investigation, U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, Federal Aviation Administration, Department of Commerce, and Department of Treasury are investigating this case.

Assistant U.S. Attorneys Garrett L. Bradford and Christopher J. Huber are prosecuting the case.

This effort is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.

For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6016. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.

Source: www.justice.gov

Featured

ADC: Momodu Questions INEC’s Neutrality, Warns Against Selective Justice

Published

1 day ago

April 17, 2026

Eric

A chieftain of the African Democratic Congress (ADC), Basorun Dele Momodu, has raised fresh concerns over the neutrality of the Independent National Electoral Commission (INEC), warning that its handling of internal party disputes could undermine public confidence in Nigeria’s democracy.

He made the remarks on Thursday, during an exclusive interview on Frontline, a current affairs programme on Eagle 102.5 FM, Ilese-Ijebu, Ogun State.

The discussion centred on the recently concluded ADC convention and INEC’s position on factional leadership within the party. Momodu argued that electoral institutions must be careful not to be seen as politically biased.

The Media mogul maintained that the ADC’s decision to proceed with its convention was not an act of defiance but of constitutional and organisational survival.

According to him, political parties have the right to manage their internal affairs without undue interference.

He stressed that INEC’s primary responsibility is to act as an impartial referee in elections rather than become involved in internal party conflicts. He warned that any perception of bias could weaken trust in democratic institutions.

“Well, it is not really the business of INEC to intervene and interfere in the affairs of a party. Their role is to be the unbiased umpire, conduct elections and make sure that the elections are fair and square.

“But this INEC, this particular INEC, has started very early to show signs that we may not be able to trust them”

Momodu expressed concern that opposition parties are often subjected to faster and stricter scrutiny compared to ruling parties.

He suggested that this perceived imbalance could deepen political tension in the country. He also cautioned that democratic institutions must not only act fairly but must also be seen to act fairly. For him, perception is as important as legality in sustaining public confidence.

“Because of the hurry with which they deal a blow to opposition parties, I don’t see them doing that to APC. The speed at which they aligned quickly with the weaker faction of, you know, PDP was clear to me that we will be heading for the rocks again, as we have done in the past.

“I remember Amupitan when he was appointed; he pledged to be one of the best. But from what I’m seeing, his name is already being rubbished in the mud, which is unfortunate for a man at that commanding height of his life.

Culled from Daily Telegraph

Featured

Man Rescued Amid Attempt to Jump into Lagos Lagoon

Published

2 days ago

April 16, 2026

Eric

A man whose identity had not been established at the time of filing this report was rescued after reportedly attempting to jump into the Lagos Lagoon from a bridge.

Eyewitnesses said the individual parked his vehicle on the bridge before entering the water, prompting alarm among passersby.

The situation was, however, swiftly brought under control as local fishermen in the area intervened and pulled him out of the lagoon, preventing what could have resulted in a fatal outcome.

A video capturing the rescue surfaced on social media on Wednesday, shared by Isaac Fayose, who expressed concern over the incident and called on Nigerians to pay closer attention to the well-being of those around them.

“Please, check on your family and friends. This just happened today. Who knows what went wrong,” he wrote.

As of the time of this report, the circumstances leading to the incident remain unclear, while authorities have yet to provide an official account.

The Lagos State Police Command had also not issued any confirmation of the incident.

Featured

Dele Momodu Proposes Atiku/Obi Ticket As ‘Best Bet’ to Unseat Tinubu in 2027

Published

3 days ago

April 15, 2026

Eric

Veteran journalist and chieftain of the African Democratic Congress (ADC), Chief Dele Momodu, has declared that a joint presidential ticket between Atiku Abubakar and Peter Obi represents the strongest strategy for the opposition to defeat the ruling All Progressives Congress in the 2027 general elections.

Speaking on Politics Today on Channels Television, Momodu said the emerging ADC coalition is gaining momentum as a credible alternative to President Bola Tinubu’s administration, which he accused of promoting “one-man rule” and weakening democratic institutions.

Momodu argued that an Atiku–Obi ticket offers both experience and electoral appeal, noting that both politicians already command significant national followings from previous elections. He recalled their collaboration in 2019, adding that Obi’s performance in the 2023 presidential election provides a ready base of supporters that can be consolidated.

According to him, the coalition is further strengthened by the involvement of political heavyweights such as Rabiu Kwankwaso and Rotimi Amaechi, making it a formidable opposition alliance.

“The candidates who placed second, third, and even fourth are aligning. That naturally builds a strong challenge,” Momodu said, suggesting that this development could unsettle the APC ahead of 2027.

He also accused the Tinubu administration of centralising power and undermining democratic processes, claiming that key institutions—including the legislature and electoral system—are increasingly influenced by the executive arm of government. He warned that such a trend poses risks to Nigeria’s democracy.

Momodu further alleged that opposition parties face systemic obstacles, including difficulties in accessing venues, legal pressures, and institutional interference. He argued that these challenges have made opposition unity not just strategic, but necessary.

Dismissing concerns about possible cracks within the ADC coalition, Momodu described such fears as speculative, insisting that current political realities have effectively forced major opposition figures to work together.