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Police: Ayeni’s Allegations against Okunbo Malicious, Baseless, False

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Group Condemns PDP Chairman, Ayu’s Closeness to Atiku’s associate, Tunde Ayeni, and His Mistress

Police: Ayeni’s Allegations against Okunbo Malicious, Baseless, False

 

 

 

Following allegations of corruption and manipulation against billionaire businessman, Captain Idahosa Okunbo by a former Chairman of Skye Bank Plc., Mr. Tunde Ayeni, the Nigeria Police Force, which investigated the matter, have released their report, where they described the allegations as malicious, baseless and false.

This is as allegations of blackmail against the police and an attempt to influence the report have continued to trail Ayeni, as the police report, being the latest twist to the matter, has vindicated the retired commercial pilot.

That notwithstanding, Okunbo too has written, both to the Attorney General of the Federation and Minister of Justice, Abubakar Malami and the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, intimating them of the development and the need to authenticate the report by acting on it.

According to the report, which generated from the office of the Inspector General of Police, Mohammed Adamu, “Upon the receipt of the petition and in compliance with the directive of the Inspector General of Police that, the matter under reference should be investigated, on the 7th January 2021, the suspect (Captain Idahosa Wells-Okunbo) volunteered a statement under word of caution and denied all the allegations levelled against him and presented all the documentary evidence to support his claims and transactions that took place between him (Captain Idahosa Wells-Okunbo) and the complainant (Dr Tunde Ayeni).

“All the documents submitted by the suspect (Captain Idahosa Wells-Okunbo) were perused, scrutinised and forensically investigated and were found to be genuine and they were all endorsed by the parties (Dr Tunde Ayeni and Captain Idahosa Wells-Okunbo) to the transactions.”

According to the report, the police stated that during the investigations, all the requisite documents were copied and distributed by the parties to all stakeholders and relevant agencies, and thereafter invited Ayeni for his statements.

In their findings, the Police said they established that both men had been friends since 2003, which led to a lot of business relationships, one of which was Ocean Marine Security Limited, which later rebranded as Ocean Marine Solutions Limited.

Tracing the ownership structure of the company, the report noted, “That Ocean Marine Solutions Limited, then, has the following shareholders, Captain Idahosa Wells-Okunbo – 46%; Dr Tunde Ayeni – 35%; Garth Dooley – 14%; Admiral Augustus Aikhomu originally has 5%, which was subsequently re-acquired by Captain Idahosa Wells-Okunbo and Dr Tunde Ayeni, who also became chairman and vice-chairman respectively.

“That the complainant, Dr Tunde Ayeni, voluntarily and legally transferred his shares and that of his wife from Ocean Marine Solutions Limited (OMS) and its subsidiaries to Capt Idahosa Wells-Okunbo in consideration of the total sum of N2billion, which the complainant (Dr Tunde Ayeni) acknowledged receipt of same and resigned his membership from the board of Ocean Marine Solutions Limited (OMS) and its subsidiaries.”

The report, therefore, concluded thus: “That the allegations of stealing and criminal diversion of company funds as alleged by the complainant, Dr Tunde Ayeni against the suspect, Captain Idahosa Wells-Okunbo could not be established as there was documentary evidence provided by the suspect – Captain Idahosa Wells-Okunbo, which clearly shows that Captain Idahosa Okunbo, has lawfully acquired Dr Tunde Ayeni’s interest in Ocean Marine Solutions Limited (OMS) for a valuable consideration of N2, 000, 000, 000 (Two Billion Naira only).

“So, also, the allegation of criminal diversion of company funds is baseless, malicious and false as it hasn’t been proven by the complainant.”

The report has since been forwarded to the EFCC and the Attorney General of the Federation and Minister of Justice, thus, foreclosing Ayeni’s false allegations against Okunbo and his attempt to return to the company through other means possible.

Meanwhile, sources within the police have alleged blackmail and attempt to influence the report by Ayeni, saying sources within his camp have threatened to go on a media onslaught in the bid to change the situation in his favour.

“A close associate, who takes side with true position hinted me of a damaging allegation in the making. The intention is to blackmail the police over the report and further accuse Captain Hosa of influencing the process. Please, note that figures will be alleged,” the police source hinted.

However, in his separate letters to the AGF and the EFCC, Okunbo through his lawyer, Augustine Alegeh of Alegeh and Co., expressed the appreciation of his client to Malami for intervening when Ayeni attempted to duplicate the investigation by sending same petition to the police and the EFCC.

“We respectfully request the Honourable Attorney General and Minister of Justice to notify the Chairman of the Economic and Financial Crimes Commission of the outcome of the investigation by the officers of the Inspector General of police so that the matter can be put to rest an d treated as closed,” the letter stated.

In yet another letter to the EFCC chairman, Okunbo’s lawyers, while reiterating the content of the letter they sent to Malami, also emphasised to Bawa: “We trust you will now treat the matter as closed.”

Incidentally, the IG’s investigation report appears to have confirmed and validated the EFCC report of 2019, which also stated that Ayeni had actually sold his shares in OMSL.

According to the EFCC report with reference number EFCC/EC/GC/31/2538, dated June 25, 2019 and signed by the Director of Operations, Mohammed Umar Abba, “…Investigation was extended to Corporate Affairs Commission, where it was discovered that Dr. Ayeni had on the 8th August, 2018, actually sold his 35 million ordinary shares in Ocean Marine Solutions Limited and 37.2 million ordinary shares in PPP Fluid Mechanics Limited to Wells Property Development Company Limited, a subsidiary of Ocean Marine Solutions Limited.

“Investigations carried out so far revealed that Dr. Ayeni is no longer a director and shareholder of Ocean Marine Solutions Limited and PPP Fluid Mechanics Limited as he has since sold his entire shares and resigned his appointment as director and shareholder of the companies.

“Consequent upon the following, the Commission’s investigation so far did not indict the Chairman of Ocean Marine Solutions and its subsidiary companies, Capt. Idahosa Wells Okunbo on the alleged diversion of 29.5 billion naira from the defunct Skye bank Plc., by Dr. Tunde Ayeni.”

Curiously, some weeks back, Ayeni, despite the EFCC report, petitioned the EFCC again through his lawyer, Femi Falana, SAN, and alleged that he sold his shares at the OMS under duress while also accusing Okunbo of stealing and criminally diverting company funds.

But, three months after the petition became public, investigations carried out by the Inspector General of Police Monitoring Unit, have absolved Okunbo of any wrongdoing.

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UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin

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UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin.

May 30, 2026 – As the month of June gathers momentum, the *United Kingdom of Atlantis, UKA*, a sovereign nation has unveiled a series of vital guidelines and preparatory packages to ensure citizens and stakeholders run the *ATC Exchangeability* process effectively.

In an official update, the *President of Atlantic Crown Limited, Empress of Attica Empire UKA*, confirmed that the *Final Test Run of ATC Exchangeability* is scheduled for the month of June 2026. The exercise marks a key phase ahead of the *Official Exchangeability Window, set to run from July 2026 to February 2027*.

### Key Highlights from the Presidential Briefing
1. *Final Test Run – June 2026*
The test run is designed to validate systems, procedures, and user readiness before full activation. Citizens, partners, and designated participants are urged to follow all official advisories released by UKA authorities during this period.

2. *Official Exchangeability Period*
Following the successful completion of the June test run, the Official Exchangeability will commence in july 2026 and we are Expecting Full Exchange ability between July Ending, 2026 to February 2026.

UKA stated that detailed schedules, eligibility requirements, and step-by-step instructions will be communicated progressively through verified UKA channels.

3. *Benefiting Packages for June*
In line with UKA’s commitment to citizen empowerment, the month of June will feature “benefiting packages” aimed at education, preparation, and seamless onboarding. These packages are intended to equip the people of UKA with the knowledge and tools needed for effective participation.

4. *Commitment to Transparency*
Addressing the nation, the Empress of Attica Empire UKA emphasized:
_“Final Test Run of ATC Comes up in The Month of June, As We Prepare For The Official Exchangeability, Between July 2026 To Feb 2027. All Information Will Be Communicated.”_
UKA reaffirmed that only information released through official UKA platforms should be regarded as authoritative.

The United Kingdom of Atlantis is encouraging all citizens, representatives, and interested parties to remain alert to official communications, attend designated orientation sessions, and avoid unofficial sources. UKA’s dedication to order, clarity, and the collective benefit of its people as the nation moves into this significant phase.

For updates, advisories, and participation guidelines, citizens are advised to monitor official UKA communication channels.

United Kingdom of Atlantis, UKA, is a sovereign nation, committed to national development, citizen welfare, and structured economic participation through initiatives such as ATC Exchangeability.

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Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements

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Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements

 

 

Former Chief of Army Staff, Lt. Gen. Tukur Buratai (retd.), has commended President Bola Ahmed Tinubu for what he described as bold economic reforms and improved security efforts as the President marks three years in office.

 

 

 

 

In a goodwill message on Thursday to commemorate Tinubu’s third anniversary as President and Commander-in-Chief of the Armed Forces, Buratai said the administration had taken courageous decisions that would leave a lasting impact on Nigeria’s development.

 

 

 

According to him, President Tinubu broke a long-standing cycle that had hindered national growth by removing fuel subsidy and implementing foreign exchange reforms aimed at stabilising the naira and strengthening the economy.

 

 

 

 

He noted that the reforms were beginning to yield positive results, citing the global acceptance of Nigerian debit cards, the gradual revival of local refineries, access to student loans, and ongoing road and infrastructure projects across the country.

 

 

 

“The FCT Administration has also recorded remarkable progress, completing major road projects that remained unfinished for over 16 years,” Buratai stated.

 

 

 

The former army chief also praised the administration’s security efforts, saying renewed military offensives against insurgents, terrorists and bandits had led to notable successes across various parts of the country.

 

 

 

He specifically lauded recent joint operations involving Nigerian and United States forces against Boko Haram and ISWAP in the North-East, as well as intensified counter-banditry operations in the North-West.

 

 

 

 

“We have seen notorious ISWAP commanders being neutralised. I congratulate the Commander-in-Chief, the Minister of Defence, the Chief of Defence Staff, the Service Chiefs, the Inspector-General of Police and heads of intelligence agencies for their efforts,” he said.

 

 

 

 

Buratai, however, acknowledged that challenges remained, stressing the need for more aggressive military operations and intelligence-driven strategies in the coming year.

 

 

 

 

While urging Nigerians to remain hopeful, he said celebrating the President’s achievements did not amount to ignoring the difficulties facing the nation.

 

 

 

 

“Because you truly care, you have shown the courage to trade short-term comfort for long-term hope. Nigerians need your reassurances, and that is why we remain optimistic and full of confidence,” he added.

The retired military officer reaffirmed his support for the Tinubu administration and expressed confidence that the foundation being laid by the government would deliver a brighter future for the country.

 

He also prayed for God’s guidance, wisdom, strength and good health for the President as he continues to lead Nigeria.

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NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

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NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

 

 

The Nigeria Union of Teachers has expressed deep concern over the continued captivity of pupils and teachers abducted during an attack on schools in the Ahoro-Esinle and Yawota communities in Oriire Local Government Area of Oyo State.

 

 

In a statement issued on Saturday, the Oyo State wing of the union described the situation as increasingly distressing, particularly following the emergence of a video allegedly released by the abductors showing the victims pleading for their freedom.

 

 

The union said the footage had heightened fears over the welfare of the abducted pupils and teachers, describing their ordeal as heartbreaking and unacceptable.

 

NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

According to the NUT, no child or teacher deserves to be subjected to such traumatic experiences, adding that the prolonged captivity of the victims has continued to inflict psychological pain on their families, colleagues and the wider education community.

 

 

 

The union called on the Federal Government, Oyo State Government and relevant security agencies to intensify efforts towards securing the immediate and safe release of the victims.

 

 

“This is not a moment for hesitation. It is a moment for coordinated, intelligence-driven efforts to ensure the immediate and safe release of all abducted pupils and teachers,” the statement read.

 

 

While acknowledging ongoing interventions by security agencies and government authorities, the union stressed that time was of the essence, warning that every additional day in captivity deepens the trauma suffered by the victims.

 

 

The NUT urged security operatives to strengthen surveillance, improve community intelligence gathering and deploy all necessary operational and diplomatic measures to facilitate the rescue of the abductees.

 

 

It also appealed to traditional rulers, community leaders and residents to support rescue efforts by providing credible information that could assist security agencies.

 

 

 

“The safety of our children and teachers must remain a collective priority,” the union stated.

 

 

Reaffirming its support for the families of the victims, the NUT pledged continued solidarity and prayers while advocating safer learning environments across the country.

 

 

The statement was jointly signed by the Chairman of the Oyo State NUT, Comrade Hassan Ajibola Fatai, and the Secretary, Comrade Salami Olukayode.

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