Connect with us

FEATURED

How Ojerinde Looted N5.2bn, Floated 8 Firms, Acquired Three Houses – ICPC Witness

Published

on





A Federal High Court sitting in Abuja was on Wednesday told how a former Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Adedibu Ojerinde, allegedly floated eight companies, purchased three buildings and bank shares through his cronies while holding public office.

The companies, buildings, (two duplexes and a bungalow) and bank shares were said to have been acquired by Ojerinde when he held sway as Chief Executive of JAMB.

A witness of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Peter Oyewole made the revelations while testifying for the anti-graft agency in a N5.2 billion corruption charges against Ojerinde.

The witness who is a Legal Adviser to the ex-JAMB Registrar admitted that he incorporated the 8 companies and purchased the three houses for Ojerinde as his client on oral and written instructions.

Advertisement

The alleged companies are Oke-Afin Boys and Girls Hostel Limited, Sapati International School, Doyin Ogbohi Petroleum Limited, Cheng Marbles Limited, Standout Institute Limited, Trillion Learning Centre Limited, Grace Petroleum Limited and Ifelodun Communications Limited.

Certificates of Incorporation for the companies and title documents of the three buildings allegedly purchased for the defendant in Abuja were tendered and admitted as exhibits by the court.

Led in evidence by ICPC counsel, Ebenezer Sogunle, the witness, who claimed to have been called to the Nigerian Bar in 1999, told Justice Obiora Egwuatu that the companies were floated in the names supplied him by the defendant.

Advertisement

He testified that Ojerinde was registered as director in two of the companies while names of his cronies were used as directors in the rest adding that he never met any of the cronies at the time he was using their names at the Corporate Affairs Commission.

The cronies used to register the companies are Ojerinde Dayo, Ojerinde Olumide, Awodayo Habib, Adeyanju Gbenga, Ojerinde Olutoyin, Ojerinde Akanbi, Ojerinde Adedayo, Olayiwola Ayanwale and Ibrahim Danmusa, Ojerinde Dibu, Sanusi Alade Najeem among others.

He said that the receipts obtained in the course of transactions for the defendant were received and acknowledged in writing on behalf of the defendant by his son and a serving member of the House of Representatives, Honourable Olumide Ojerinde.

Advertisement

The witness, who claimed to be indigene of the same town, Igboho, with Ojerinde denied registering companies for the defendant to blackmail him adding that everything he did was on the instructions of the defendant.

(New Telegraph)

Advertisement
Isoko South
COMMUNITY REPORT10 hours ago

‘Without Divine Intervention, I Wouldn’t Be Here’ – Isoko South Boss Says at End of Year Thanksgiving

FEATURED14 hours ago

New U.S. Visa Restrictions Set to Take Effect in Early 2026 for 19 Nations

COMMUNITY REPORT17 hours ago

Isoko North Restrains Movement of Motorcycles From 10:00pm to 6:00am Between Dec 22nd to Jan 2, 2026

FEATURED20 hours ago

Delta Gov., Oborevwori Gets Ovation as he Inspects Mega Flyover Projects in DSC Roundabout, Enerhen Junction

Trump will
FEATURED21 hours ago

Shake-ups in U.S Diplomatic Service as Trump Directs Ambassadors to Nigeria, Other Nations to Return to Washington

FEATURED1 day ago

Alleged L.G. Funds Diversion: Rights Group Set to Re-drag Aregbesola Before EFCC Over ‘N600billion Fraud’

Anioma State
NEWS2 days ago

Nwoko is a Committed Public Servant, Gov. Oborevwori on Senator’s 65th Birthday

FEATURED2 days ago

Nwoko Allays Fears on Anioma State Creation, Reveals Positive Voting Process at NASS

Komolafe
FEATURED2 days ago

‘Komolafe Operates 33 Bank Accounts, Conceals Oil and Gas Assets in Over US$20Bn Revenue Diversion Scandal, Coalition Alleges in Petition That Led to Sack’

COMMUNITY REPORT3 days ago

Nwaoboshi: He’ll be Remembered for His Notable Contributions to Political Devt of Delta – Nwoko

Nwaoboshi
FEATURED4 days ago

Oborevwori Mourns as Senator Peter Nwaoboshi Dies

Green Card Lottery
FEATURED4 days ago

Trump Suspends U.S. Green Card Lottery Over Portuguese National’s Brown University Shooting

Anioma state
FEATURED4 days ago

LET ANIOMA STATE BE, BY CHIDI CHUKWUTEM

COMMUNITY REPORT5 days ago

UNR Isoko Unity Cup football Competition: It Was About Promoting Unity in Isokoland—Ogorugba

COMMUNITY REPORT5 days ago

‘2025, A Year of Remarkable Great Achievements’ – Isoko North Chairman

Advertisement
Advertisement