
News
US-based Nigerian pleads guilty to $50m fraud
A United States-based Nigerian, Animashaun Adebo, has pleaded guilty to wire fraud conspiracy over his involvement in a series of business email compromise and romance scams that resulted in more than $50m in losses.
A statement obtained by PUNCH Metro on the US DoJ website on Tuesday said that Adebo, also known as “Kazeem” and “Kazeem Animashaun,” entered a guilty plea on Monday at a federal court in Brooklyn.
The statement noted that Adebo and his co-conspirators orchestrated multiple fraudulent schemes targeting individuals and small businesses across the United States, particularly within the Eastern District of New York.
The statement read, “Earlier today in federal court in Brooklyn, Animashaun Adebo, also known as ‘Kazeem’ and ‘Kazeem Animashaun,’ pleaded guilty to wire fraud conspiracy for his role in a series of fraudulent business email compromise and related romance schemes that resulted in more than $50 million in losses by individuals and small businesses located within the Eastern District of New York and throughout the United States.
“The defendant and his co-conspirators misappropriated victim funds and laundered them through shell company accounts in the United States and abroad, sometimes using unsuspecting middlemen to further obscure the fraudulent source of the funds.”

The statement explained further that the syndicate misappropriated victims’ funds and laundered them through shell company accounts both within and outside the US, sometimes using unsuspecting intermediaries to conceal the origin of the funds.
It added that investigations revealed that the group carried out business email compromise schemes between April 2021 and March 2022.
As part of the schemes, victims involved in real estate transactions received fraudulent emails impersonating legitimate parties, directing them to transfer funds to designated accounts.
“As one part of the BEC schemes, victim-individuals involved in real estate transactions received fraudulent emails purporting to be from legitimate parties to those transactions. The emails instructed them to wire funds they believed to be related to the real estate transactions to specified bank accounts.
“The fraudulent email accounts that contacted the victims closely resembled but were slightly different from the email addresses of the legitimate parties to the transaction (a process known as ‘spoofing’).”
Similarly, employees of targeted companies were deceived into transferring funds after receiving emails that appeared to come from trusted vendors or business partners.
In each instance, funds transferred by victims were diverted into accounts controlled by Adebo and his associates.
The statement further disclosed that Adebo laundered part of the proceeds through the purchase of luxury watches and via an illegal money exchange operation run by his co-defendant, Idowu Ademoroti, who has already been convicted and sentenced.
“As another part of the BEC schemes, employees of victim companies received fraudulent emails purporting to be from legitimate vendors or other business partners of those companies directing them to transfer funds to specified bank accounts.
“In each case, after the victims executed the wires in accordance with the fraudulent instructions, the transferred funds were misappropriated from the victims and sent to and through accounts controlled by the defendant and his co-conspirators.”
It added that Adebo ultimately received part of the fraudulent proceeds through corporate bank accounts located in Nigeria.
According to the statement, another defendant linked to the scheme, Nelson Ojeriakhi, was arrested in Paris and extradited to the US in July 2025. He pleaded guilty in November 2025 and is awaiting sentencing.
It added that the fourth suspect, Noguan Eboigbe, remains at large.
“The defendant further laundered illicit proceeds through the purchase of luxury watches and through an illegal money exchange operation run by his co-defendant Idowu Ademoroti, who was previously convicted and sentenced to a term of incarceration for his role in the scheme. Adebo ultimately received fraudulent proceeds in corporate bank accounts located in Nigeria.
“A third defendant, Nelson Ojeriakhi, also a Nigerian national, was arrested in Paris, France, and extradited to the United States in July 2025.
“Ojeriakhi pleaded guilty in November 2025 and is pending sentencing, while a fourth defendant remains at large,” the statement concluded.
In a related development, another US-based Nigerian, Ifeanyi Ugwu, is facing up to five years’ imprisonment after pleading guilty to operating an unlicensed money-transmitting business involving more than $5m in illegally obtained funds.
The U.S. Attorney for the Eastern District of California, Eric Grant, had stated that Ugwu, 49, of Bakersfield, admitted to running the illegal operation between December 2020 and August 2023.
News
FG suspends proposed WAEC, NECO fee hike
The Federal Government has suspended the proposed review of registration fees for the 2027 West African Senior School Certificate Examination and the National Examinations Council Senior School Certificate Examination, pending wider consultations with stakeholders.
In a Monday statement issued by the Federal Ministry of Education, the ministry said the letter conveying the proposed fee adjustment, dated June 18, 2026, had been withdrawn to allow for a comprehensive review before any final decision is taken.
The ministry, in the release signed by the Director, Press and Public Relations, Boriowo Folasade, said the suspension followed concerns and feedback from members of the public.
“The Federal Ministry of Education announced that the letter conveying the proposed fee adjustment, dated 18 June 2026, has been withdrawn to allow for a comprehensive review and broader consultations with all relevant stakeholders before a final decision is taken,” the statement said.

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According to the ministry, the proposed fee review was driven by rising costs associated with conducting national examinations, noting that registration fees have remained largely unchanged for several years despite increasing operational expenses.
It cited higher costs of logistics, security, printing of examination materials, technology deployment, quality assurance and other services required to maintain the credibility of public examinations.
The statement said the Minister of Education, Dr. Tunji Alausa, directed that the proposal be put on hold in line with the Federal Government’s commitment to inclusive and evidence-based policymaking.
“The Honourable Minister of Education, Dr. Maruf Tunji Alausa, CON, has directed that the proposal be placed on hold in line with the Federal Government’s commitment to inclusive, transparent and evidence-based policymaking,” it said.
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The ministry said the decision reflects its commitment to ensuring that policies affecting students and their families are carefully considered and responsive to public interest.
It added that consultations would be held with examination bodies, state ministries of education, school proprietors and administrators, parents’ associations, organised labour, education stakeholders and other critical partners before any decision is reached.
Accordingly, the ministry said the proposed review of examination registration fees would not take effect as earlier communicated until the consultation process is concluded.
The Federal Ministry of Education reiterated that students’ welfare, equitable access to quality education and responsible policymaking remain central to the Federal Government’s education agenda and pledged to keep the public informed throughout the consultation process.
FG said it approved N50,000 as the new examination fee for WAEC and NECO for secondary school candidates from 2027.
The initial registration fee was N27,500, which means the new increment comes with an 82 per cent hike.
In a statement on June 18, 2026, issued by the Director of Senior Secondary Education of the Ministry of Education, Adeniji Ibrahim, the approval followed a request by WAEC for an upward review of the fee for the Senior School Certificate Examination for candidates from 2027.
Meanwhile, former Vice President Atiku Abubakar and the National Association of Nigerian Students had earlier kicked against the Federal Government’s approval of a uniform N50,000 fee for candidates.
News
Why abducted Oyo teachers were killed by kidnappers — Rescued school principal
The rescued principal of Community High School in Oriire Local Government Area, Mrs Rachael Alamu, has explained the reason why the kidnappers killed the teachers who were abducted in the state.
The teachers killed were a Mathematics teacher, Mr Michael Oyedokun, who was beheaded in the kidnappers’ den and Mr Esiyan Adegboye, 49, who was shot dead during the invasion.
Adegboye was buried in Ogbomoso on May 22.
Alamu made this known while speaking with newsmen on Monday.
The principal, the other rescued children and teachers were received by Governor Seyi Makinde at the State Government House.

She said, “There are times that we have hope that we will all come out alive. The terrorists killed Mr Michael, the first teacher, on the second day of our abduction and Deacon, the second teacher, was killed on the first Sunday of June.
“They killed them purposely because they thought it would force the hand of the government to provide them whatever they wanted. They already knew that the whole world was interested in our case. We have scars already, and we believe that God will heal us. We appreciate everyone that contributed to this success.”
Recounting their experience in captivity, the principal stressed that the victims spent most of the 56 days in the open forest, exposed to harsh weather conditions while trying to keep the children alive and emotionally stable.
“You can only imagine it. It was not easy. We were in the forest, in the open, most of the time, under the sun and under the rain, with the children. But we kept going because there was no way out.
“We knew it was only God that could help us, and we believed people were praying for us. That kept us going,” she said.
Alamu disclosed that although she was not physically assaulted, several of the younger pupils suffered severe beatings whenever they cried or made noise.
The rescued pupils and teachers were handed over to the Oyo state government by the Federal Government.
A video shared by Oyo Affairs showed the rescued victims alighting from a van under heavy security provided by military personnel upon their arrival at the secretariat.
The footage captured the victims stepping out of the vehicle as armed security operatives escorted them into the premises.
The arrival follows the Federal Government’s announcement on Friday that security agencies had successfully secured the release of all the abducted pupils and teachers after more than 50 days in captivity.
Before Monday’s handover, the rescued pupils and teachers had been receiving medical treatment and psychosocial support at the Military Hospital in Ibadan, where Governor Seyi Makinde visited them on Saturday.
(The PUNCH)
News
Appeal Court bars INEC from recognising Mark-led ADC congresses
In a split decision of two-to-one, the Court of Appeal sitting in Abuja on Monday affirmed the judgment restraining the Independent National Electoral Commission (INEC) from recognising or participating in any state congresses organised by committees appointed by the Senator David Mark-led caretaker leadership of the African Democratic Congress (ADC).
A three-member panel of the appellate court, in a lead verdict delivered by Justice Okon Abang, said it found no reason to set aside the restraining order the Federal High Court in Abuja had issued against the Mark-led ADC on April 29.
It further upheld the order of trial Justice Joyce Abdulmalik, which restrained the Mark-led executives from interfering with the tenure and functions of the party’s elected state executives.
The appellate court concurred that responsibility for conducting state congresses of political parties rests with elected state executive committees, not with the national leadership.
While Justices Abang and Donatus Okorowo gave the majority verdict barring the electoral body from acknowledging the outcome of congresses held by the Mark-led leadership of the ADC, the head of the appellate court’s panel, Justice Abba Mohammed, gave a dissenting judgment.

In his minority decision, Justice Mohammed held that the case that precipitated the restraining order bordered on a non-justiciable internal affair of a political party.
He held that the trial court was wrong to have assumed jurisdiction to entertain the matter.
Meanwhile, the Court of Appeal judgment may jeopardise the presidential candidacies of former Vice President Atiku Abubakar and other candidates who emerged through the national congress organised by the Mark-led faction of the ADC, ahead of the 2027 general elections.
It will be recalled that the High Court had, in its judgment, held that the four-year tenure of the ADC’s State Working Committees and State Executive Committees remained valid and subsisting, pending the conduct of properly constituted congresses and the convocation of a national convention.
The judgment followed a suit marked FHC/ABJ/CS/581/2026, lodged before the court by aggrieved members of the ADC.
Those behind the suit are Don Norman Obinna, Johnny Tovie Derek, Obah C. Ehigiator, Hon. Olona Yinka, Dr. Charles Idowu Omideji, Samuel Pam Gyang, and Obianyo Patrick, who told the court that they sued for themselves and on behalf of all State Chairmen and State Executive Committees of the African Democratic Congress (ADC).
Listed as defendants in the matter are the ADC; Sen. David Mark; Sen. Patricia Akwashiki; Mallam Bolaji Abdullahi; Ogbeni Rauf Aregbesola; and Prof. Oserheimen Osunbor (sued on behalf of the Caretaker/Interim National Working Committee); and INEC.
The plaintiffs had, among other things, challenged the decision of the Senator Mark-led leadership of the ADC to constitute committees for the purpose of conducting state congresses.
They challenged the validity of appointments made by the Mark-led caretaker committee, arguing that planned state congresses slated for April 2026, if conducted under the supervision of the said caretaker committee, would constitute a gross violation of the party’s constitution.
It was further the position of the plaintiffs that only duly elected party organs recognised under the party’s constitution possess the power to conduct congresses.
While agreeing with the plaintiffs, Justice Abdulmalik held that neither the 1999 Constitution, as amended, nor the Constitution of the ADC empowered the caretaker/interim National Working Committee led by Senator Mark to appoint committees for the purpose of conducting state congresses.
The court held that the claims brought before it by the plaintiffs were valid and deserving of judicial consideration, citing alleged breach of constitutional and statutory provisions.
It held that Section 223 of the 1999 Constitution, as amended, mandates political parties to conduct periodic elections based on democratic principles, adding that Article 23 of the ADC Constitution also provides that national and state officers shall hold office for a maximum of two terms spanning eight years. Politicsnews alerts
Justice Abdulmalik stressed that although courts are generally reluctant to interfere in the domestic affairs of political parties, they nonetheless intervene where there is a clear allegation of violation of constitutional or statutory provisions.
She held that evidence before the court established that the tenure of the state executive committees of the ADC remained valid and must be allowed to run its full course without interference.
The court stressed that only those elected structures have the authority to organise state congresses, and it accordingly nullified any process initiated by the Senator Mark-led caretaker leadership.
Earlier, the court dismissed a preliminary objection filed by the defendants challenging the competence of the suit and the court’s jurisdiction to entertain it.
It held that the subject matter of the plaintiffs’ action pertained to the affairs of INEC and therefore fell within the jurisdiction of the Federal High Court under Section 251 of the 1999 Constitution, as amended.
The court also waved aside the defendants’ contention that the plaintiffs failed to exhaust internal dispute resolution mechanisms before instituting the action.
It held that the plaintiffs had the requisite locus standi (legal right) to file the suit.
The appellate court, while upholding the restraining order, said it had a duty to intervene so as to “prevent anarchy and ensure the survival of democracy in Nigeria.”
It cited a recent Supreme Court judgment in the leadership crisis rocking the Peoples Democratic Party (PDP) to hold that the ADC case could not be classified as a domestic affair of a political party.
“Once a complaint before the court is anchored on a constitutional infraction, the shield of internal affairs drops and the veil is lifted for judicial intervention,” Justice Abang added in the majority judgment.
Consequently, the panel dismissed the appeal marked CA/ABJ/CV/608/2026, which the ADC lodged in order to set aside the high court judgment.
It held that congresses and the national convention conducted by the Mark-led ADC amounted to a nullity as they were held in disobedience to a subsisting order that the high court made on April 14.
Having resolved the case against the ADC, the appellate court awarded a cost of N10million against the party.
Shortly after the judgment, the ADC, which was represented by its National Welfare Secretary, Mr. Nkem Ukandu, said the party would take the case before the Supreme Court.
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