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BDC operator admits owing $90,000 to Chinese accused of money laundering, exonerates Nigerian for dealing in Crypto Currency transaction

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In set above are two learned senior advocates of Nigeria, SANs: Mr. Edwin Anikwem, (left) counsel to Genting International Company Limited, (the 4th defendant), and Mr. Clement Onwuenwunor, counsel to the second defendant, Engr. Friday Audu…….. after the court session on Tuesday, July 8, 2025 at the Federal High Court, Ikoyi, Lagos.

By Ibeawuchi Uwaleke, (Advocatenewsng.com), 09064186047.

A Bureau De Change operator and the second prosecution witness procured by the Economic and Financial Crimes Commission, EFCC, Mr. Alhassan Garba in the N3.4 billion money laundering charge preferred against two Chinese and a Nigerian, admitted on Tuesday July 8, 2025 that he is still owing $90,000 USD to Mr. Huang Haoyu, (Aka Ken), one of the two Chinese standing trial at a Federal High Court, Ikoyi Lagos.

The witness equally exonerated the Nigerian charged along with the Chinese, Engineer Friday Audu for being part of the WhatsApp group he was relating with in the transaction of USDTN Crypto Currency Wallet from where he made several transfers to a company, Genting International Company Limited, also accused in the money laundering case.

Mr. Garba was led in evidence by counsel to Audu, Mr. Clement Onwuenwunor, a Senior Advocate of Nigeria, SAN who took on the witness in a cross examination to ascertain how he knew Audu and how his client, the second defendant, was robed in a case of dealing in Crypto Currency Wallet transaction he knew nothing about.

When Mr. Onwuenwunor SAN, asked Alhassan whether he still stands by the statement he made to EFCC implicating Audu as the person who told him what to say at EFCC and what not to say, as well as introducing him to one Mr. Sen, a Chinese, who is now at large, he claimed that he still stands by his statement, but however affirmed that Audu was not one of the people who he was dealing with in Crypto Currency transaction and also said it was not Audu that introduced him to Mr. Sen.

He gave the name of the person who was sending him the Dollars he was changing into Naira and transferring to Genting International Company Limited bank account with Union Bank as Huang Haoyu, Aka, Ken, the first defendant in the suit. He equally now accepted, under further cross examination, that it was not Friday Audu, the second defendant, who introduced him to Mr. Sen, but instead it was Mr. Ken who he had personal contact with.

When the learned Silk put it to him that all the statements he made to EFCC were all lies as he was now contradicting himself from the statements after he requested the Registrar of the court to bring the statements from the court’s record and showed them to the witness, he stammered the answer in response and claimed that what he was saying was the truth.

Under further cross examination on how he knew Mr. Sen whom he has been doing business with for quite some time, he denied knowing Sen, but admitted that it was only in August 2024 that he transacted business in Crypto Currency with Mr. Sen, adding that all other times it was Mr. Ken who transacted business with him in Dollars.

On the $90,000 USD he is still owing Mr. Ken, one of the accused persons, and why he did not state the amount in his statement to EFCC, as he was pressured by counsel to Audu, Mr. Clement Onwuenwunor, SAN, Alhassan said he did not remember to include the amount in his statement, but admitted that the $90,000 USD was the exact amount which got stuck in transmission during the transaction, which he agreed till date, has not been reversed.

When asked further by Onwuenwunor SAN, whether the WhatsApp group he was transacting USDTN with, Audu was a member of the group, Mr. Garba answered emphatically no, adding that the second accused was not part of the Dollar transactions, but was aware when the Naira equivalent was transferred to the Genting International Company Limited bank account, a company he facilitated its registration for Ken with the Corporate Affairs Commission, CAC, as sports betting concern.

Asked whether his business in dealing in Crypto Currency and in Dollar exchange transactions is genuine and registered with the relevant authorities, Alhassan said: “I work with Hugo Vice Bureau De Change as a staff, I am not the owner. I have been in the business for over 10 years now.

“Our Bureau De Change is registered to transact business in foreign exchange and we have the certificate. We also have Schmo certificates to deal in Crypto digital currency. All the certificates are still valid. All these certificates we also submitted to EFCC when we were requested to present them there.”

On the transfer that was made on September 4, 2024, of a certain amount to Genting International Company account, Alhassan claimed that he was not the one that made the transfer, adding that the Crypto Wallet Account he used to receive the Dollar transfers or made transfers with did not belong to him, but to one Jonathan Ifesinachi.

Mr. Edwin Anikwem, SAN, counsel to the company, Genting International company Limited, stepped in immediately after Mr. Onwuenwunor SAN concluded his cross examination on behalf of the second defendant, and after reviewing the whole charge on the money laundering case, asked Alhassan whether all the Dollars he received from the Crypto Currency Wallet account and converted into Naira equivalent which he transferred into Genting company account was reported one way or the other as an illegal money or money laundered into Genting International Company account as being alleged by the prosecution. His answer was an emphatically ‘no’. “There was no such thing, and all the money I converted and transferred into Genting account are not illegal money, that I know”.

The cross examination on Alhassan Garba continues on Thursday, July 17, 2025 when the court sitting before Justice Daniel Osiagor of the Federal High Court, Lagos division adjourned the matter to give opportunity to Mr. Adeniyi Joshua, counsel to the third defendant, Mr. An Hongxa, a Chinese, who was not in court at the last adjourned date, to take his turn to cross examine the second prosecution witness.

At the court on Tuesday, July 8, 2025 also was Mr. Emeka Okpoko, SAN, counsel to the first defendant, Mr. Haoyu, a Chinese, leading another senior lawyer, Mr. Nnaemeka Amaechina and they took their turn to cross examine the second prosecution witness, Alhassan on July 1, 2025.

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Ex-gov candidate Nwosu, Akpabio’s SA Ibritam, others bag MSc from UniAbuja

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Former Chief of Staff to the Imo State Government and ex-governorship candidate, Uche Nwosu, along with Sir Richard Odibo, a former Federal Commissioner on the Board of the Nigeria Population Commission, Barr. Freedom Friday Ibritam, a Senior Legislative Aide to Senate President Godswill Akpabio, and three others have been awarded Master’s degrees (MSc) in Public Governance and Leadership, as well as in Policy and Strategic Studies. These degrees were conferred by the Abuja Leadership Centre (ALC) at Yakubu Gowon University, previously known as the University of Abuja.

Professor Philip Dahida, the Director of the Centre, disclosed that these achievements were awarded after the recipients completed all requirements, including the successful external defense of their dissertations on Monday, March 16, 2026.

Nwosu, who previously served as Deputy Chief of Staff to the Imo State Government, Ibritam—a former senior police officer—and Odibo received their MSc degrees alongside real estate developer Egbe Oloche Daniel and Gila Ibiere Dikko. Additionally, Dr. Success Tosin Ademeso, a lecturer at the University of Abuja, earned an MSc in Policy and Strategic Studies.

After the event, Professor Dahida praised the external examiner, Professor Charles Nwekeaku from Nasarawa State University, for his thorough and professional evaluation of the MSc candidates. He urged the graduates to strictly adhere to the examiner’s counsel and ensure all suggested corrections are implemented. Dahida also encouraged them to apply the knowledge they gained for the betterment of society.

Reacting to this academic achievement, Sir Richard Odibo explained that he chose the programme (public governance and leadership) because of his interest in the subject. He noted that his research on the census in Nigeria could help the country plan more effectively and take its rightful place among nations. Odibo emphasized that the findings from his academic work could motivate scholars and citizens to advocate for the depoliticization of the census process.

He advised the Federal Government to conduct a new national census, recalling that the last one occurred in 2006. Odibo stated, “For Nigeria to have a good development plan, reliable census data is essential. Without accurate figures, planning becomes impossible. You can’t develop evenly.”

He further explained, “The need for a census is critical for us; it’s like oxygen. Without it, we’ll continue to make misguided plans, and if you fail to plan, you plan to fail.”

Odibo expressed that one major challenge Nigeria faces is obtaining reliable and acceptable census data, a problem that has persisted since before independence. As a former Federal Commissioner, he felt a personal responsibility to investigate these challenges, stating, “This became a challenge that drove me to look deeper into the reasons behind our difficulties with censuses. I believe my research will help persuade citizens and scholars alike that we must remove politics from the census process. If we can achieve that, Nigeria will benefit greatly.”

The Abuja Leadership Centre at the University of Abuja is recognized as a TETFUND Centre of Excellence for Public Governance and Leadership, dedicated to enhancing public governance and leadership in Nigeria and beyond.

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RED ALERT: Borno Under Tight Security Cordon

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☆☆As Reports inficate Possible Insurgent Threats.
By: Special Correspondent.
In apparent response to recent security developments relating to insurgent movements and emerging operational concerns within the Maiduguri, the Borno State Capital and surrounding areas, security operatives have been placed on red alert.
Our correspondent gathered over the past few days indicate that insurgent elements have been attempting to regroup and reorganise their activities in across the state, especially around Maiduguri metropolitan axis.
This is even as the Borno State Government have assured of adequate security arrangements to ward off any possible security threat.
According to findings, these developments have generated growing concern among local communities and security observers, who in turn called the attention of the Borno state government..
Although intelligence monitoring over the last three days,indicates reduction in their vissible activities, owing to patrols by security personnel and frontline defence groups, the city remains under intense watch..l
Further reports available to us indicate that some of the insurgent elements were sighted operating around Duwari village under Konduga Local Government Area, where they appear to be attempting to regroup and reposition themselves, for possible mischief during the upcoming Eid prayer gatherings, which they may perceive as opportunities to exploit large public gatherings.
Highly placed security source told our correspondent that, the current surveillance and intelligence monitoring across the state by soldiers, members of the Civilian Joint Task Force (CJTF), and other frontline defenders remains a capable check against any mischief.
“Our level of preparedness against any mischief remains on high and we are prepared to confront any insurgent threat should the situation call for it”.

“Only a few days ago, insurgent elements made an attempt to regroup in some areas around Maiduguri Metropolitan and Konduga, and upon receiving credible intelligence regarding their presence and movements, we immediately moved in with our swift operational response team”, the source added.
While reassuring that available security assets, including soldiers and members of the Civilian Joint Task Force (CJTF), are capable of confronting any insurgent group, our source, said, any attempt by any group to come into Maiduguri, will amount to “a suicide mission”, on their part.
Our correspondent further reports that, the Borno state Government has in the last few weeks provided enormous logistics and equipment to security operatives in what looks like a renewed fight against Boko Haram and ISWAP elements, who have been attempting a resurgence in activities.
Reports across Borno state indicate that, Boko Haram and ISWAP terrorists, who have been fleeing their enclaves following intense attacks on them by troops, have in the process been attacking vulnerable communities in search of food and other logistics.
Reports say most of their camps have been destroyed, and they are desperately making attempts at re-entering Maiduguri.
Camps around the notorious Sambisa forest are said to have been vacated ahead of oncomming onslaughts and the terrorists have retreated and fled into the Mandara mountains close to Nigeria’s border with Cameroun.
Subsequent surveillance checks conducted through intelligence monitoring channels confirmed that the fleeing elements were attempting to regroup in nearby locations, suggesting a continued attempt to maintain an operational presence within some areas.
Borno state Governor, Professor Babagana Umara Zulum, who recently concluded a statewide tour has expressed concerns about the operational coordination among community-based security groups, with a promuse to ginger them up for more action.
As a result, several community defence formations operate simultaneously, including, the Civilian Joint Task Force (CJTF), Hunters,Vigilante groups
and other local frontline defenders.
He has vowed to flush out, what inteligence observers, described as certain individuals within these formations, who may have indirect alignments or may be responsible for information leakages that could potentially compromise ongoing security operations.
The inteligence circle in Borno has often complained that, insurgent elements appear to have prior knowledge of local security movements and response patterns, even as it raised concerns about possible infiltration or operational compromise within these community security structures.

Governor Zulum, during his recent tour promised to remedy the situation, after a careful institutional review and restructuring in order to strengthen operational discipline and reduce vulnerabilities within the community defence architecture.
Information available to us indicate that, certain
security measures are being contemplateded for Maiduguri during the Eid celeberations, which may include strict monitoring of vehicular and human movements to minimize potential vulnerabilities that hostile elements could exploit to infiltrate the city.
While physical security alert remains in place, this medium gathered that, intelligence gathering is being strengthened and early warning mechanismsactivated across Maiduguri.
In the face of these, uneasy calm still pervade the citizenry as they prepare for the oncoming celeberations.

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Dogara Celebrates Baba Jang at 82, Hails Him as a Visionary Statesman

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Former Speaker of the House of Representatives and Chairman, Board of Trustees of the National Credit Guarantee Company Limited (NCGC), Rt. Hon. Yakubu Dogara, has joined Nigerians in celebrating Former Governor Jonah Jang, fondly called Baba Jang, as he clocks 82 years.

In a glowing tribute, Dogara described Baba Jang as a visionary leader whose life and service remain a beacon of hope for generations. He noted that Jang’s tenure as Governor of Plateau State was marked by courage, foresight, and an unwavering commitment to peace, unity, and development.

“Baba Jang’s life is a testimony of service and sacrifice. He invested in infrastructure, strengthened institutions, and worked tirelessly to foster unity in Plateau State. His leadership was never about personal gain but about building lasting foundations for progress,” Dogara said.

He further emphasized that Jang’s integrity, resilience, and mentorship have shaped leaders across Nigeria, adding that his legacy continues to inspire beyond the boundaries of Plateau State.

“As he celebrates 82 years, we honor him not just for the offices he has held, but for the enduring impact he has made on countless lives. Baba Jang remains a statesman, a father figure, and a model of quality leadership,” Dogara added.

The tribute underscores Baba Jang’s enduring influence in Nigerian politics and governance, highlighting his role as a leader whose footprints on the sands of time cannot be erased.

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