Connect with us

News

MTN Employees Battle Firms in Court over Alleged Land Fraud

Published

on

Kindly share this post

MTN Employees Cooperative Society, through its prosecution witness, Cyril Ilok, has sued two of its former staff; Primavera Engineering and Construction Limited and Mabo Dredging Limited; for allegedly defrauding them of some hectares of land, purportedly meant for the development of Yellow Estate Project, Okun Ajah, Lagos.

 

The defendants in the case include: Victor Akintunde, Gani Mustapha, Mutairu Babatunde, Primavera Engineering and Construction Limited and Mabo Dredging Limited, who are being prosecuted on an 18-count-charge by the anti-graft agency, Economic and Financial Crimes Commission (EFCC), for defrauding MTN Employees Co-Operative Society (MEMCOM) members of the sum of N1.4Billion in the guise of buying 39 hectares of land located at Okun Ajah, Lagos.

 

Ilok, the General Manager with the Business Risk Management Unit of MTN Nigeria narrated to the court, how the defendants stole the money meant to buy landed property to build the proposed “Yellow Estate” for members of the Co-Operative.

 

Victor Akintunde, according to the prosecution witness, was the president of MEMCOS and Gani Mustapha, the 2nd a treasurer, jointly conspired to steal the money contributed by members of the Co-Operative for the construction of the proposed Yellow Estate.

 

In the words of Ilok, the 1st and 2nd defendants signed a Memorandum of Understanding (MOU) with the land owner and the total of 26.5 hectares was signed at the cost of N1, 501,902,666.00. But it was later discovered that only N963.3, 000,000.00, was paid, leaving a difference of N373, 500,000.

 

“MEMCOS through the 1st and 2nd defendants acquired 39 hectares of land for real estate development but the defendants did not pay for the said numbers of hectares. The defendants only paid for 13 hectares. We later discovered that the 1st and 2nd defendants mismanaged the sum of N1, 357,764,414.

 

“1st and 2nd defendants were former staff of MTN while the 3rd defendant, Mutairu Babatunde, is the owner of the 4th defendant, Primavera Engineering and Construction Limited. It was discovered that there were a lot of irregularities in the expenses. The total sum of N3.2billion had been collected by the executive of the Corporative led by Akintunde and Mustapha for the purpose of building houses for members of the cooperatives.”

 

The prosecution witness disclosed that when the irregularities were realized, the new management, appointed KPMG, a professional auditing and accounting firm, to investigate the account of the cooperative for the period between 2008 and 2011.

 

During this period, he (Ilok) worked with KPMG on the investigation and was also interfacing with the firm and the defendants, after which the report of KPMG was submitted to him to help summarise the issue.  Ilok told the court that it was thereafter that a petition on unpaid monies was written to the EFCC.

 

“There were 13 hectares of land and 5 hectares which were encumbered. The sum of N427, 114,414,00 was supposed to have been refunded by Primavera Engineering to MEMCOS.  A cheque was however written by Primavera which was returned unpaid. The company however issued another cheque of N300million to MEMCOS and it was cleared. The difference between the amount that was cleared and the one, which was returned, was N127, 114,414.

 

“The amount said to have been mismanaged is N1,357,764,414.00. It was also discovered that there were un-receipted payments and excess payment documents on five hectares of land which were also defective among the hectares supposedly bought.”

 

Under cross-examination by the defence counsel, the witness stated that MEMCOS had insisted that the 1st and 2nd defendants refund the defective 5 hectares of land.

 

He further included that the defendants did not account for what they did with N50million from the money given to them, adding that he was not aware that the 4th defendant was engaged to do other things which include perfection of documents, layout and building approval but that monies were paid to the company through the 1st and 2nd defendants to that effect.

 

Even the registration of the land, presently, is said to be in contention and ineffective.

 

“The grouse of the MEMCOS is the failure of the defendants to have the money paid for 5 hectares refunded. The titled document was used by MEMCOS to obtained loan from Federal Mortgage Bank in respect of Yellow Estate project.

 

“I did not know the amount of loan MEMCOS got from the bank. I was not present at the negotiation between owners of the 39 hectares of land and MEMCOS acting through the 1st and 2nd defendant. They did not account for what they did with the money. But MEMCOS insisted that the over payment should be refunded”, he remarked

 

The trial judge, Justice Lateef Lawal-Akapo, has fixed June 1 for continuation of trial at a Igbosere High Court, Lagos.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Nigeria, Others Lag Behind as Egypt Tops Africa in AI Readiness

Published

on

Kindly share this post

Nigeria and other Sub-Saharan Africa countries rank ninth out of nine global regions as Egypt has emerged as Africa’s leading country in artificial intelligence readiness, ranking first on the continent and 51st globally in the 2025 Government AI Readiness Index published by Oxford Insights.

The impressive ranking has been lauded as underscoring North Africa’s growing influence in the global AI race.

According to Egypt’s Ministry of Communications and Information Technology (MCIT), the country scored 57.5 points out of 100, climbing 14 places from 65th in 2024.

The Nile nation also ranked fourth in the Middle East and North Africa (MENA) region, behind Saudi Arabia, Israel and the United Arab Emirates.

The Oxford Insights index assesses 195 governments using 69 indicators across six pillars, including policy capacity, governance, AI infrastructure, public sector adoption, development and diffusion, and resilience.

Egypt topped the Policy Capacity pillar globally with a perfect score of 100, tying with the UK, Serbia and Australia, an indicator of strong national AI policymaking and institutional readiness.

Oxford Insights noted that countries such as Egypt are “expanding the use of AI across national priorities while shaping policies to strengthen domestic AI ecosystems,” although gaps in infrastructure and talent development remain in some contexts.

MCIT minister Amr Talaat attributed Egypt’s strong performance to deliberate government action.

“This achievement reflects our efforts to integrate artificial intelligence into public services and accelerate digital transformation through Egypt’s second National AI Strategy. We are positioning Egypt as a regional AI hub while ensuring AI delivers real economic and social value,” he said.

Launched for 2025–2030, Egypt’s National AI Strategy targets sectors such as healthcare, justice and public administration, while aiming to train 30 000 AI specialists by 2030 and raise AI’s contribution to GDP to 7.7%.

Talaat also highlighted Egypt’s cybersecurity credentials when he highlighted that the country ranked among the top 12 globally in the ITU’s Global Cyber security Index.

Regionally, the results expose sharp contrasts across Africa. Sub-Saharan Africa ranks ninth out of nine global regions, with an average score of 28.04, reflecting persistent gaps in AI infrastructure and public sector adoption.

However, countries such as Kenya, South Africa, Mauritius and Nigeria lead the sub-region, while Rwanda and Ethiopia are gaining momentum through innovation hubs and policy reforms.

In contrast, the MENA region ranks fifth globally, buoyed by significant investment in AI infrastructure and policy capacity, particularly in Gulf states.


Kindly share this post
Continue Reading

News

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

Published

on

Kindly share this post

Socio-Economic Rights and Accountability Project (SERAP) has dragged the Independent National Electoral Commission (INEC) to court over the alleged failure to account for ₦55.9 billion reportedly meant for the procurement of election materials for the 2019 general elections.

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

The grave allegations are documented in the latest annual report published by the Auditor-General on 9 September 2025.

In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP is seeking: “an order of mandamus to direct and compel INEC to account for the missing or diverted N55.9 billion meant to buy smart card readers, ballot papers, and other election materials for the 2019 general elections.”

SERAP is also seeking: “an order of mandamus to direct and compel INEC to disclose the names of all contractors paid the N55.9 billion for the procurement of smart card readers, ballot papers, result sheets, and other election materials for the 2019 general elections, including the names of their directors and shareholders.”

In the suit, SERAP is arguing that: “INEC must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”

SERAP is also arguing that, “INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered.”

According to SERAP, “INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.”

SERAP is also arguing that, “These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law.”

SERAP also said, “Allegations of corruption in the supply of smart card readers, ballot papers, result sheets and other election materials directly undermine Nigerians’ right to participate in elections that are free, fair, transparent, and credible.”

The lawsuit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Kehinde Oyewumi, and Andrew Nwankwo, read in part: “These grim allegations by the Auditor-General suggest a grave violation of the public trust, the Nigerian Constitution 1999 [as amended] and international anticorruption standards.”

“According to the recently published 2022 audited report by the Auditor General of the Federation (AGF), the Independent National Electoral Commission (INEC) ‘irregularly paid’ over N5.3 billion [N5,312,238,499.39] ‘to a contractor for the supply of Smart Card Readers for the 2019 general elections’.

“The contract was awarded without prior approval from the Bureau of Public Procurement (BPP) and the Federal Executive Council. The payment was also ‘made without any document. There was no evidence of supplies to the commission.’”


Kindly share this post
Continue Reading

News

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Published

on

Kindly share this post

Federal government has inaugurated a ₦40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos.

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Speaking at the inauguration on Sunday, David Umahi, minister of Works, said the project followed extensive rehabilitation works carried out on the bridge after the current administration took office in 2023.

“When we came on board in 2023, we met a very terrible Third Mainland Bridge,” Umahi said, adding that the structure, along with Carter and Iddo bridges, required comprehensive re-evaluation and repairs both above and below water level.

He said President Bola Tinubu approved the total rehabilitation of the bridge, including replacement of expansion joints, noting that the completed work had improved driving conditions and extended the bridge’s lifespan.

Umahi said the CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts and strengthen security.

He added that security personnel would monitor live footage from the control centre and enforce speed limits on the bridge.

The minister commended the China Civil Engineering Construction Corporation (CCECC), which executed the project, for what he described as high-quality delivery. He said the contract also included a surveillance boat and two Hilux vans, which would be handed over to the police to support monitoring and rapid response.

“The idea is that we can see everything that is happening on the bridge,” Umahi said, expressing concern over excessive speeding and urging motorists to comply with traffic regulations.

Earlier, Olufemi Dare, federal controller of works in Lagos, said the facility was the first of its kind on any bridge in Nigeria.

He said the system allows real-time monitoring of activities on the bridge and surrounding waters.

Dare said the project includes 240 solar panels, 10 inverters, a 300 KVA transformer, a standby generator, multiple monitoring screens and full air-conditioning for the control centre.

He added that the contract also covers 1,268 solar-powered street lights and a borehole facility.

According to Dare, the project was awarded at a cost of ₦40.17 billion, with about ₦36 billion paid so far to the contractor. He said the current inauguration marked the first phase, with additional commissioning planned once work on the bridge’s extension is completed.

He thanked the president for approving the project and praised Umahi for ensuring due process during its execution.


Kindly share this post
Continue Reading

Trending