News
BDC operator admits owing $90,000 to Chinese accused of money laundering, exonerates Nigerian for dealing in Crypto Currency transaction
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.
News
“Nigeria’s Biggest Ever Coalition, Civil Groups, Professionals, Labour, Artisans, Declare for Bola Tinubu”
In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.
The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.
The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.
In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.
Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.
Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.
As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.
Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.
In what is being described as an unprecedented political development ahead of the 2027 general elections, a broad-based national coalition cutting across civil society organisations, professional bodies, labour groups, artisan associations, and other grassroots networks has announced plans to formally endorse President Bola Ahmed Tinubu for a second term in office.
The coalition, spearheaded by the Coalition of Civil Society Organisations in Nigeria, COCSON, now extends far beyond the traditional civic space, bringing together over 1,500 groups from diverse sectors of the Nigerian society. Participants include human rights organisations, medical and legal professionals, trade and artisan unions, community-based organisations, and influential labour leaders, reflecting a wide national spread and multi-sectoral backing.
The historic convention is scheduled to hold on May 17, 2026, where leaders and representatives of the various groups are expected to converge in what organisers say will be the largest endorsement gathering in Nigeria’s history. The event will serve as the official platform for the coalition to collectively declare support for President Tinubu’s re-election bid.
In a major demonstration of grassroots mobilisation, the coalition also revealed plans to submit a compiled total of 20 million signatures of Nigerians who have endorsed the President’s candidacy. The signatures, gathered through extensive nationwide engagement, are being positioned as a clear indication of public support cutting across regions, professions, and social strata.
Organisers of the event stated that the decision to back President Tinubu is driven by what they described as tangible strides in economic reforms, governance, and national stability. They emphasised that the inclusion of non-traditional actors such as artisans, market groups, and labour unions underscores a broader national consensus that transcends the usual civil society framework.
Political analysts say the scale and diversity of this coalition mark a significant shift in Nigeria’s political landscape, where support structures are no longer confined to political parties and elite stakeholders but are increasingly driven by a fusion of grassroots and professional constituencies.
As momentum builds towards the May 17 convention, observers are keenly watching how this expansive alliance will shape political narratives and influence voter sentiment in the lead-up to the 2027 elections.
Further details on the convention and breakdown of participating groups are expected to be unveiled in the coming days.
News
How ISWAP killed Army Col. Six others in Borno.
☆☆☆As Troops Foil Series of Ambushes.
Troops of the Nigerian Army under operation Hadin Kai have foiled a series of ambush by suspected members of the Islamic State West Africa Province (I SWAP) terrorist along the Monguno in Borno state.
Islamic state of West Africa province (ISWAP) have attacked the Nigerian army from Monguno 242 Battion Barrack in Borno State on their way to reinforce the camp.
A serving Nigerian Army Colonel was reportedly killed in an ambush by insurgents in Monguno, Borno State, during a reinforcement mission
Source added said that colonel I.A. Muhammad was ambushed by ISWAP and killed along with four other soldiers.
Community confirmed that the troops who were on a fighting patrol as part of operation,came under fire from suspected terrorists
As of the time of felling this report, there has been no official statements from the Nigerian Army regarding the accident.
News
Dogara Felicitates Dangote at 69, Applauds His Enduring Impact on Africa
Hon. Yakubu Dogara, former Speaker of the House of Representatives and Chairman of the Credit Guarantee Company Limited (NCGC), has joined Nigerians and the global business community in celebrating Alhaji Aliko Dangote on his 69th birthday. In a detailed tribute, Dogara described Dangote as “a visionary whose life’s work has become a cornerstone of Africa’s economic transformation.”
Dogara emphasized that Dangote’s entrepreneurial journey is one of resilience and foresight. From humble beginnings, he built the Dangote Group into Africa’s largest conglomerate, with investments spanning cement, sugar, salt, fertilizers, and the landmark Dangote Refinery. These ventures, Dogara noted, have not only revolutionized industries but also created millions of jobs, strengthened Nigeria’s economy, and reduced dependence on imports. “Alhaji Dangote is not just an entrepreneur; he is a nation-builder whose vision has redefined what is possible for Nigeria and Africa,” Dogara said.
He pointed out that the Dangote Refinery, in particular, represents a turning point in Nigeria’s energy sector, offering the promise of self-sufficiency in petroleum products and positioning the country as a major player in global energy markets. “This singular achievement underscores his commitment to solving Africa’s most pressing challenges through bold and innovative solutions,” Dogara remarked.
Beyond his industrial empire, Dogara praised Dangote’s philanthropy through the Dangote Foundation, which has invested heavily in healthcare, education, and humanitarian relief. From building hospitals and funding scholarships to providing aid during crises, Dangote’s generosity has touched countless lives across the continent. “His philanthropy reflects a deep commitment to humanity. He has shown that true greatness lies not only in building industries but also in uplifting lives,” Dogara added.
Dogara also reflected on the inspirational power of Dangote’s story, stressing that his rise from modest beginnings to global prominence serves as a beacon of hope for young Africans. “His journey proves that with hard work, faith, and determination, Africans can build enterprises that rival the best in the world. He remains a shining example of African excellence,” he concluded.
As Dangote celebrates his 69th birthday, his legacy continues to resonate far beyond Nigeria’s borders. His life stands as a testament to the transformative power of vision, enterprise, and compassion—an enduring reminder that Africa’s future can be defined by innovation, resilience, and generosity
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