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HSBC Fingers Garuba, Agom in $182m Halliburton Bribery Scandal

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Leaked records from HSBC, a huge global bank based in London, has indicted chief of staff to former military Head of State, General Abdulsalami Abubakar, now retired Major General Chris Garuba, and a former board member of the ruling Peoples Democratic Party (PDP), the late Andrew Agom, in the $182 million Halliburton bribery scandal.

The leaked files, obtained by the French newspaper, Le Monde and the International Consortium of Investigative Journalists (ICIJ), revealed that Garuba, a former governor of Bauchi State, is now chairman of Obekpa Petroleum, a Nigerian oil company.

Agom, a senior government official, was killed in an attack on his motorcade years back. The files also revealed new details about the HSBC’s role as a conduit for the bribes and new details about how indicted British lawyer Jeffrey Tesler’s operated.

The indictment of the high-ranking Nigerians not previously named publicly in connection with the scandal, according to the French newspaper, raised the possibility of renewed questions about Nigeria’s handling of the affair.

A network of secretive banks and offshore tax havens was used to funnel $182 million in bribes to Nigerian officials in exchange for $6 billion in engineering and construction work for an international consortium of companies that included the then Halliburton subsidiary.

Before his death, Agom was a board member of the PDP, which controlled the government when the scandal unfolded.

In 2010, Nigeria indicted former United States Vice- President Dick Cheney, who was CEO of Halliburton before he was elected, only to later clear him when Halliburton worked out a $35 million settlement.

Agom was, according to the Le Monde, the beneficial owner of an HSBC account linked to a Gibraltar- based company, Hemisphere Services Limited, which held a maximum amount of $797,377 at one point between 2006 and 2007.

Africa Confidential magazine previously named a company, Hemisphere Services (Nigeria), as a “recipient of largesse” from Tesler after viewing documents disclosed to the magazine during a French corruption investigation.

Agom’s account was opened in 1991, on the same day that an account was opened in the name of former Nigerian Air Force Chief, Abdullahi Dominic Bello. A Nigerian government investigator has previously described Swiss accounts held by Bello as a conduit for “slush funds”. The investigator did not specifically mention HSBC.

The HSBC files identified Garuba and his wife, Rita, as HSBC clients; their names are listed along with Tesler’s in an account named Bridlington Enterprises Limited, for which Tesler acted as an attorney.

“The files show that the account was opened the year before Tesler sent his first bribe payment to Switzerland, although the files do not show that Tesler transferred money into the Bridlington account, which held as much as $367,547 in 2006 or 2007,” the newspaper reported. Chris and Rita Garuba did not respond to ICIJ’s requests for comment.

In Nigeria, anti-corruption campaigners continue to call on authorities to identify and prosecute Nigerian citizens involved in the scandal. While never publicly released, a 2010 Nigerian government document reportedly included three Nigerian presidents, a vice-president, a minister, intelligence chiefs and corporate titans in a list of bribery beneficiaries. The report did not name Garuba or Agom.

“In terms of the personalities and the amount of money involved it is probably the biggest scandal in Nigeria’s history,” Dauda Garuba, Nigeria coordinator at the Natural Resource Governance Institute, said in an interview with ICIJ. Garuba has no connection to the Garuba family in HSBC’s files.

“Although we’ve seen the indictment and conviction of foreign companies and their top executives in Europe and America, Nigeria’s own government has not taken action in the very country in which the corruption took place,” Garuba said.

Tesler was sentenced to 21 months in prison and he forfeited $149 million from his Swiss accounts to the US government for serving as the go-between for bribes paid to secure contracts for KBR, the former Halliburton subsidiary, and the other consortium members, the Japanese firm JGC Corporation, Paris-based Technip, as well as Italy’s ENI S.p.A. and its Dutch subsidiary Snamprogetti Netherlands B.V.

The Halliburton Bribery Scandal dates to 1994 when the Nigerian government launched ambitious plans to build the Bonny Island Natural Liquefied Gas Project. Tesler began planning the bribe payments in 1994 and transferred small amounts of money through Switzerland in July 1996.

But by 2003, his role had escalated. In one brazen episode in Abuja, Tesler directed the drop-off of a travel bag stuffed with $1million in $100 bills in the foyer of a luxury hotel where the pernight cost of a suite can exceed the nation’s average annual income of $3,000. It was one of at least 20 money transfers that Tesler made or directed.

The cash was destined for PDP via the Nigerian National Petroleum Corporation (NNPC), according to an official Nigerian report.

The files obtained by Le Monde and ICIJ show that nine people, including members of the Tesler family and Nigerian nationals, held a variety of roles with accounts at HSBC Private Bank (Suisse) between 1990 and 2003 — months before the completion of the gas plant.

Nine of the 12 accounts instructed HSBC to keep all correspondence under lock and key in a bank safe. In response to ICIJ’s questions, an HSBC spokesman said the bank does not comment on specific clients.

Bank staff also responded to a request from Agom’s widow to unfreeze her husband’s account, whose post was sent to Tesler’s North London law firm and which was marked as subject to criminal investigations into Tesler.

The files do not indicate whether or not the account was ultimately unfrozen.

Tesler did not respond to ICIJ’s requests for comment.


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Krishnan Exits Africa Data Centre to Embark on Professional Chapter

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Dr. Krishnan Ranganath, the hitherto Regional Executive – West Africa at Africa Data Centres (ADC), Africa’s largest network of interconnected, carrier- and cloud-neutral data centre facilities, has moved on from the company after half a decade of record growth.

This was confirmed in a LinkedIn post, where he noted that after more than five years of transformative leadership, he is signing off to embark on a new professional chapter.

Reflecting on his tenure, Dr. Ranganath noted that the journey was defined by resilience and a commitment to building infrastructure designed for the future.

“What started as a mission to navigate the complexities of a new market has evolved into a chapter of immense growth. We didn’t just build data centres; we built the foundation for West Africa’s digital future. I am immensely proud of the culture of operational excellence we’ve fostered and the milestones we have achieved together,” Dr. Ranganath said in a message to our inquiry.

Dr. Ranganath joined ADC during a pivotal era, tasked with establishing the brand as a formidable challenger in the competitive West African market. Under his guidance, the region evolved from a bold experiment into a definitive powerhouse of digital infrastructure, moving from the installation of its first rack to becoming a trusted, well-established partner in the colocation and cloud services space.

During his five-year leadership, Dr. Ranganath managed several key strategic pillars. He led market entry and expansion by navigating complex regulatory and environmental landscapes to turn regional challenges into competitive advantages. He also drove infrastructure excellence by scaling operations from foundational setups into a high-capacity, well-established powerhouse. Finally, he provided cultural leadership by building a high-performance team from the ground up that balanced strategic breakthrough with a collaborative, human-centric work environment.

In the emotionally-laced message, Dr. Ranganath extended his gratitude to the ADC team, describing them as the heartbeat of the company’s success in West Africa. “To my team and colleagues: thank you for the late nights and the strategic breakthroughs that fueled our progress. I leave with great memories and a sharp focus on what’s next.”

While Dr. Ranganath has not yet revealed his next destination, he encouraged his professional network and industry stakeholders to stay tuned for the announcement of his upcoming ventures.


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Leo Stan Ekeh at 70; thanks Tinubu, Obasanjo, Nigerians, Global Tech Community

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Leo Stan Ekeh, Chairman of Zinox Group and Africa’s foremost digital disruptor, has expressed gratitude to President Bola Ahmed Tinubu, and former President and African statesman, Chief Olusegun Obasanjo, for their goodwill messages and prayers on his birthday.

Leo Stan Ekeh at 70; thanks Tinubu, Obasanjo, Nigerians, Global Tech Community

Ekeh, who turned 70 on Sunday, February 22, also extended gratitude to governors; former governors, including Babatunde Raji Fashola, former governor of Lagos state; National Assembly members; captains of industries, members of the global tech community, some of whom sent delegations to his house aside virtual goodwill messages sent from across the globe; royal fathers and the media.

In a post-birthday prayer and thanksgiving meeting with some members of the ICT media in his Ikoyi residence at the weekend, Ekeh said he was overwhelmed by the deluge of good wishes from Nigerians of all tribes and tongues.

Ekeh reflected on his relationship with President Tinubu over the past decades, describing Tinubu as a trustworthy and loyal friend who does not hesitate to make sacrifices for the good of the people he leads.

“President Tinubu has been my supporter long before I launched Zinox. He has always shown brotherly love,” he recalled.

He mentioned Mr. Sam Amuka, publisher of Vanguard newspapers; Lt. General T.Y Danjuma (retd), Founder, South Atlantic Petroleum; and Pa Obafemi Awolowo’s family as some of the many Nigerians with established companies who “experienced me and trusted me in the early days of my business life, and I didn’t disappoint”.

Recounting how Nigerians celebrated him on his birthday, he said: “In all my years, I have never seen such a show of love from Nigerians via different communications channels, from calls to social media. I was deeply touched by the kindred spirit of Nigerians. It tells me one thing: Nigerians are caring and loving people, and they appreciate quality and value-driven impact.

“I want to use this medium to say ‘thank you’ to those who sent me messages of goodwill, prayers through different communication platforms that I could not immediately acknowledge. I appreciate you all,” he said.

It will be recalled that President Tinubu while celebrating Ekeh on his birthday described him as one of “Nigeria’s pioneering innovators in the information technology sector.”

The President also commended Ekeh for his “commitment to promoting the Nigerian brand and creating opportunities for young Nigerians,” amongst his other achievements in the tech sector.

President Obasanjo, accompanied by his wife, Chief (Mrs.) Bola Obasanjo, who visited Ekeh to pray for him, described Ekeh as a “very kind man and an achiever who inspired many youths at a critical point in Nigeria’s information technology history.” He also prayed for the Zinox Group boss to live for 100 years and beyond.

As a sitting President, Obasanjo honoured Ekeh as an Icon of Hope and a role model for Nigerian youths on October 1st, 2001, and subsequently with the national honour of the Officer of the Federal Republic (OFR).

Others who joined Obasanjo in honouring Ekeh were former Lagos state governor, Babatunde Raji Fashola and his wife, former INEC Chairman, Professor Maurice Iwu and his wife, Chairman of MTN, Dr. Ernest Ndukwe and his wife; Mr. Atedo Peterside, Founder of Stanbic IBTC Bank and his wife; Chairman of Fidelity Bank, Mrs. Amaka Onwughalu and her husband; Managing Director Fidelity Bank, Dr. Nneka Onyeali-Ikpe; Mr. Udoma Udo-Udoma, Chairman Seplat Energy and his wife; Mr. Sam Amuka; Prof Anya O. Anya; Mr. Chris Uwaje, tech policy expert and his wife; Mr. John Momoh, Chairman of Channels Media Group and his wife; Mr and Mrs Walter, CEO of Providus bank, Mr. Roosevelt Ogbonna, group CEO of Access bank, Mrs. Victoria Ajayi, CEO of TVC  Communications and her husband; Mrs. Nkeiru Anumudu, CEO of Globe Motors, secondary school mates of Ekeh including Charles Oputa (Charly Boy) who came with his wife; Leo Stan’s elder brother HRM Eze George Ekeh (aka Saint George), the traditional ruler Ishi Ubomiri Autonomous Community in Imo state;  representatives of multinationals with whom  he has partnered all through the years;  among


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JAMB Uncovers AI-Driven Fraud Targeting UTME Candidates, Warns Parents

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Joint Admissions and Matriculation Board (JAMB) has said it has uncovered criminal syndicates that are deploying artificial intelligence tools to impersonate its officials and defraud candidates preparing for the Unified Tertiary Matriculation Examination (UTME).

JAMB Uncovers AI-Driven Fraud Targeting UTME Candidates, Warns Parents

Is-haq Oloyede, registrar of the board, disclosed this on Saturday in Abuja, warning that candidates and parents involved in the scheme would face severe consequences.

Mr Oloyede also said three top officials of the board have been found to have collaborated in sabotaging the system and have been recommended for dismissal.

He added that two other officials and a member of staff of Ahmadu Bello University, Zaria, are currently undergoing criminal prosecution for involvement in activities inimical to the integrity of the examination body.

Mr Oloyede said investigations revealed that more than 100 candidates were linked to the scheme, with 83 confirmed to have made payments to the syndicates.

He added that those involved cut across 25 states with three school proprietors in custody for aiding and abetting examination malpractice.

He further said the board had made recommendations to the Minister of Education for the cancellation of the affected registrations.

“What is important for us to emphasise here is that the students themselves and their parents are willing collaborators and cannot be regarded as innocent,” he said.

Mr Oloyede also expressed concern about the involvement of underage candidates, noting that about 38,000 underage candidates have registered for the 2026 UTME.

He said many of the candidates who patronised the syndicate are underaged, who have been pushed by their parents beyond their academic capacity.

While noting that JAMB’s mandate is limited to conducting examinations, he urged parents to refrain from encouraging malpractice.

“Parents must understand that paying for fraud does not secure a child’s future. It destroys it. You are teaching them that cheating is a strategy, that deception is acceptable, and that merit is optional,” he said.

Mr Oloyede rejected suggestions that the board should negotiate with suspects, including some who allegedly fled the country after last year’s examination.

He added that some computer-based test (CBT) centres had already been sanctioned.

He warned that paying for examination fraud or belonging to online groups offering such services would attract sanctions.

“Let it be clearly understood by all Nigerians that paying for examination fraud is a crime. Receiving illegal assistance is a punishable offence. Being a willing member of a WhatsApp group where these fake services are offered will no longer be condoned. Ignorance will not be accepted as a defence,” he said.

Mr Oloyede said the board is working with security agencies to tackle the fraud schemes.

He thanked the Office of the National Security Adviser, the Directorate of State Services, the Nigerian Police Force and the Nigeria Security and Civil Defence Corps for their support.

“As for capacity, we have the capacity to deal with all these issues. If we did not have the capacity, we would not be able to stay ahead of them. As they are planning, we are planning,” he said.

He added that JAMB has strengthened its technical systems, including the ability to detect prohibited devices during examinations.


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