• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Finally Someone Has Been Convicted For Corruption

Chacha Wabara by Chacha Wabara
November 3, 2016
in Business News
PMB Shops For ‘Fearless’ Judges To Try Looters
Share on FacebookShare on TwitterShare on Linkedin

Since the inception of the Buhari administration in 2015, the anti-corruption war has been in our faces. From the national dailies to the television stations, there has hardly been a day without an update or the other on a corruption case. But it seemed it was all for show, as for the past 18 months, no one has actually been convicted for corruption.

However, that has now changed. The Buhari administration now has its first conviction for a corruption case as yesterday, four companies allegedly used by Waripamo-owei Emmanuel Dudafa, a former Special Assistant to President Goodluck Jonathan to siphon 15 million US dollars were convicted by a Federal High Court sitting in Lagos.

Justice Babs Keuwunmi, who presided over the case, pronounced all the four companies guilty as charged. “In view of the facts stated by the prosecutor, and based on the evidence tendered and based on the agreement of the companies’ directors. The prosecution has proved its case beyond reasonable doubt. The companies are found guilty in count 2,3,4,5,6,7,8, and 9.” Keuwunmi pronounced.

MoreStories

ECOWAS Bank issues N175 billion bonds to boost economy of West African countries

ECOWAS opens recruitment, sets April 30 deadline for applications

April 2, 2026
Olubunmi Tunji-Ojo

FG declares Friday, Monday as public holidays for Easter

April 1, 2026

However, sentencing of the convicted parties was postponed as Keuwunmi wanted to prevent prejudice against other defendants in the suit namely, former Special Assistant to President Jonathan, Waripamo-owei Dudafa, a lawyer, Amajuoyi Azubike Briggs, and Adedamola Bolodeoku, a senior Staff of Skye Bank Plc.

The convicted companies are luto Property and Investment Development Company Limited, Seagate Property and Investment Development Company Limited, Transoceanic Property and Investment Development Company Limited, and Avalon Property and Investment Development Company Limited.

They were represented by their directors Friday Davis, Agbo Baro, Kola Fredrick and Taiwo Ebenezer and China John. The matter has been adjourned till December 16, for continuation of trial of the three other accused persons.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

Next Post
Dangote Sugar’s Pre-tax Profit Dipped By 8% To N16.5 Billion In 2015

Dangote Sugar Report Lower Earnings Despite Hiking Sugar Prices by 82%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics