news
You are not part of us, Mobolaji Bank Anthony Family Tells Queen Irene Cole
You are not part of us, Mobolaji Bank Anthony Family Tells Queen Irene Cole
By Ifeoma Ikem
Family of the late renowned philanthropist; Sir Mobolaji Bank Anthony has publicly disowned Queen Irene Cole, a self styled “Executive Trustee” of the multi billion dollar estate of Bank Anthony.
Recently, Cole who reportedIy lived for many years in the United States of America organised a press conference where she told the media that as an ‘executive trustee’ of the late Bank Anthony’s Estate, she was collaborating with the late philanthropist’s family to recover the estate worth over $50billion from some Banks and Registrars whom she alleged had connived to deprive the statutory beneficiaries of the Will of their entitlement.
At a press conference on Thursday at Mike Okiro Press Centre, Ikeja Lagos, the Mobolaji Bank Anthony family told journalists that “Queen Irene Cole and her cohorts are not known to the family.”
According to Mr. Babatunde Bank Anthony, a grandson of Bank Anthony who spoke with journalists on zoom meeting from London, “Sir Mobolaji Bank Anthony at the time of his death in 1991 left a clear and comprehensive last Will & Testament which depicted his last wishes. His last Will & Testament stated that his Estate be governed and to be in the run by a list of his chosen trustees. This list did not include anyone named Queen Irene Cole neither did it include some of her partners.
“Queen Irene Cole and her cohorts who, we as a family do not know, have spent the last couple of years attempting to insert themselves in the Estate and properties of the late Sir Mobolaji Bank Anthony. Queen Irene Cole has continually claimed her relationship to the Bank Anthony family and has through various methods obtained a court judgement which is currently being legally challenged by the family and the Estate.
“It has been brought to our notice that Queen Irene Cole and some of her partners have been using this court judgement in an attempt to access Estate funds and engage with property developers.”
“We, the family are using this medium to inform everyone that Queen Irene Cole does not have the permission or the authority to represent the Bank Anthony family and anyone who enters into any business transaction with her in regards to the Bank Anthony Estate does so at their own peril.”
Explaining further, Babatunde Bank Anthony who was joined via zoom at the conference by the last daughter of the philanthropist Bolaji Bank Anthony said all the press conferences organised by Queen Irene Cole in respect of Bank Anthony Estate were full of fallacies and misleading to the members of the public. He cited a newspaper publication in which Queen Irene Cole claimed to be a Godmother of a beneficiary, adding that Funmiade Bank-Anthony who has been associating with Cole is though a grandchild of Mobolaji Bank Anthony but not a statutory beneficiary from the Will.
Speaking in the same vein, another grandson; Mr. Mohammed Abubakar Akintunde told journalists that Cole is a Godmother to Funmiade. He explained that some time in 2020, Cole had invited him and Funmiade to Sheraton Hotels during which both of them were persuaded to accept becoming Trustees to their late grand father’s Estate. While Funmiade consented to the request, Akintunde rejected it with the contention that such proposal could not fly without the consent of Mobolaji Bank Anthony’s children and larger family.
According to him, Cole later procured a Lagos High Court document purporting him as one of the Trustees of the late Bank Anthony’s Estate all in an attempt to have access to the Estate’s accounts. Akintunde was later to disclaim his inclusion when Bank Anthony’s family took the matter to court.
In the disclaimer dated 30th September, 2020 (copies of which were made available to the press) Akintunde expressly stated that he was not aware of the fraudulent act perpetuated that “I should become the new said trustee of the estate of the late Sir Mobolaji Bank Anthony.
“I am a law abiding citizen of Nigeria and also one of the grandsons of the late philanthropist Sir Mobolaji Bank Anthony. I would like the court to verify all necessary documents from Irene Cole where and at what time I sat down to sign the document that warrants me Mr. Mohammed Abubakar Akintunde to be a legal trustee of the said Estate.”
The eldest grand child of the late philanthropist, Fumilayo Bank Anthony who spoke via zoom like Babatunde and Bolaji said she is a beneficiary in the Will while her cousin Funmiade who was associating with Queen Irene Cole is not a beneficiary like some other grand children.
The family disclosed that the case relating to the Estate was still in court pointing out that Cole and her cohorts “initially got a judgement due to improper disclosure of facts to the court during the filing process; the name of a Beneficiary has been altered to match the name of one of the Beneficiaries stated in the Will. They have tried everything and anything possible to try to get their hands on the funds of the Estate.
The judgement they are parading around is dated 5th August, 2020 but subsequently the case was referred to the Court of Appeals on 5th November, 2021. A Notice of Appeal has been put forward and we are presently waiting for an Appeal date,” Babatunde Bank Anthony explained.
He added that “Queen Irene Cole and her partners are simply in a bid to race against time. They hope they can get to the Funds of the Estate before an Appeal hearing but we as a family will ensure they will not succeed.”
It was gathered that Queen Irene Cole and her group after addressing the press in May this year whereby she accused Banks and Registrars for holding to the Estate’s Funds have held meetings with some of the Registrars with a view to strengthening issues relating to the Funds.
news
Ogun Central 2027: The Competence Question and APC’s Senatorial Choice
LAs the 2027 elections draw closer in Ogun State, discussions about who should represent Ogun Central in the Senate are gradually gaining momentum. Across Abeokuta South, Abeokuta North, Odeda, Obafemi-Owode, Ifo, and Ewekoro, the mood among the people appears largely the same. The people have made their preference clear. Not in anger or protest but in the quiet and wilful way that voters do when they still believe you can do better. The unifying thing in the people’s agitation is the call for credible, competent, and accessible representation.
This is not a new demand from the people of the district. The demand for a paradigm shift has been growing in recent times. Residents across the district are showing a preference for leaders who can demonstrate measurable capacity in healthcare, infrastructure, education, youth empowerment and constituency development. The calls for palpable development, responsive engagement, and effective legislative outcomes have become too obvious to dismiss.
We can all recall that in the last elections in 2023, the All Progressives Congress rallied behind Senator Shuaibu Salisu with considerable optimism. Party leaders and stakeholders presented his candidacy to the people as the strongest path to meaningful progress for the district. That mandate carried real expectations, and it is fair to say that, in several communities, those expectations have not been fully met.
Concerns have been raised across town hall meetings, community forums, and on social media about the speed of infrastructural projects, the reach of scholarship and empowerment programmes, and the overall visibility of senatorial intervention in major sectors. Whether one attributes these gaps to constraints of the Senate’s systems or individual legislative capacity, the perception of underdelivery is widespread enough to warrant serious attention from party leaders.
For now, this dissatisfaction has not translated into rejection of the APC. Instead, it has taken the form of an expectation to do better next time. Voters in Ogun Central are not asking for a fundamental change in the party structure or traditions. They are asking for the incorporation of wider grassroots inputs and candidates’ worthiness in the process.
This presents both a challenge and an opportunity. The challenge is that the culture of selecting candidates through elite consensus without genuine grassroots consultation is a risk that may worsen the growing disconnect between elected representatives and the communities they serve. Political observers across the nation have questioned this practice repeatedly, and Ogun Central may be feeling its effects most.
The opportunity lies in what the APC does with this feedback. The party’s senatorial selection is not a formality to be managed. It places a decisive moment for public trust at the feet of the party leaders. It is also an opportunity to reposition the district for future outcomes. That means looking beyond the financially powerful or politically connected aspirants and instead evaluating candidates on measurable criteria like competence, work experience, community engagement, and constituency presence.
There is also a broader shift worth noting. The era in which financial muscle alone could determine electoral outcomes is visibly passing. Many voters across southwestern Nigeria, especially our people, are increasingly attentive to antecedents, accountability, and impact. They want representatives who can speak with authority in the Red Chamber, secure federal projects, and translate legislative work into visible improvement in their daily lives.
None of these is to suggest that Senator Salisu’s tenure should be written off. A single term in the Senate, particularly within Nigeria’s complex federal system, does not allow for a complete verdict. But it is sufficient for the electorate to form impressions, and those impressions should shape how the APC approaches 2027.
The path forward does not require the party to bring down the house. It only requires discipline. The leaders of Ogun Central APC would do well to begin inclusive consultations with stakeholders, community leaders, youth groups, women’s organisations, and ordinary party members so that the candidate who eventually emerges carries not just the party’s endorsement but also the people’s confidence.
The 2027 senatorial election will be more than a contest. It will be a test of whether the APC in Ogun State can translate its dominance at the polls into dominance in governance. The people of Ogun Central are watching, and their expectations are high. The party’s consideration or dismissal of the concerns raised above will influence public confidence in Ogun State.
news
Alleged $1.5m Fraud: Court Dismisses Preliminary Objections, Bail Application of Intermediate Investment Holdings Boss, Ufoma Joseph Immanuel in Lagos
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Thursday, May 7, 2026, dismissed the preliminary objections and bail application filed by the boss of Intermediate Investment Holdings Limited, Ufoma Joseph Immanuel, over an alleged $1.5 million fraud.
The Economic and Financial Crimes Commission, EFCC, on Wednesday, March 11, 2026, arraigned Immanuel, alongside his company, Intermediate Investment Holdings Ltd., on a two-count charge bordering on obtaining by false pretence and forgery to the tune of $1.5m.
Count one reads: “UFOMA JOSEPH IMMANUEL and INTERMEDIATE INVESTMENT HOLDINGS LIMITED between April 2022 and October 2023 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, induced Adebisi Adebut of R28 Holdings Limited to deposit the total sum of S1, 500, 000.00 (One Million, five Hundred Thousand United States Dollars USD) as investment described as to wit: “Cash and or Capital Cost in Chappal Petroleum Development Company Limited; Business Development Cost in Intermediate Investment Holdings Limited: Capital and or Capital Call in Chappal Energies Mauritius Limited” on the understanding that R28 Holdings Limited will be; (a) reimbursed the investment amount (b) paid a Development Capital fee of $2 250,000.00. (Two Million, Two Hundred and Fifty Thousand Dollars) (c) 22.4% worth of shares in Intermediate Investment Holdings Limited which representation you knew to be false.”
Count two reads: “UFOMA JOSEPH IMMANUEL, sometime between April 2022 and April 2025 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, forged a document to wit: TERM SHEET and purporting same to have been executed by Sherrif Oluwo and Olaniran Osotuyi in order to facilitate your obtaining money by inducement from Adebisi Adebutu of R28 Holdings Limited.”
The defendant pleaded “not guilty” to the charge preferred against him.
Following the defendant’s “not guilty” plea, the prosecution counsel, Babatunde Sonoiki, asked the court to fix a date for the commencement of trial and also prayed the court to remand the defendant in the custody of the International Criminal Police Organization, INTERPOL, pending the conclusion of its investigation.
Sonoiki also narrated how the defence counsel, Oluseun Awonuga, SAN, had physically assaulted his colleague, Emenike Mgbemele, at the sitting on March 2, 2026.
According to him, “My lord, the learned silk, physically assaulted my colleague on the staircase on his way to serve the defendant the charge as directed by the court.
“There is a video to that effect and we intend to tender it before the court.”
Though Awonuga did not respond to the allegation made against him by the prosecution counsel, he informed the court of a preliminary objection and a written address dated January 5, 2026, while urging the court to discountenance the counter-affidavit of the prosecution.
The prosecution, in a 21-paragraph counter-affidavit dated February 9, 2026, had urged the court to dismiss the notice of preliminary objections.
According to Awonuga, the Federal High Court, in a ruling, had ordered the EFCC not to arrest the defendant.
“EFCC has flouted the order by arresting the defendant and I hereby urge your lordship to discountenance their counter- affidavit,” he said.
Responding, the prosecution counsel, Babatunde Sonoiki, said that the ruling was part of the motion that had earlier been withdrawn by the defence and should not be before the court.
“ There is nowhere in the ruling that says the defendants cannot be arraigned in a court of competent jurisdiction.
“My lord, the ruling was delivered in a civil case; and according to the Supreme Court, a criminal case and civil case can go on at the same time.
“We urge the court to dismiss the application and order accelerated hearing in this case,” Sonoiki had said.
After listening to both parties, Justice Dada had, consequently, adjourned the case till May 7, 2026 ( today) for ruling.
Ruling on the application , Justice Dada held that: “The preliminary objection is baseless and the entire application is lacking in merit; and it is hereby dismissed.”
Also, Justice Dada, in her ruling on the bail application of the defendant, held that “On the basis of considering the antecedent of the defendant for not honouring the invitation of the applicant after he was granted administrative bail, I agree with the complainant that he is a flight risk; therefore, bail is refused.”
Justice Dada adjourned the case till June 24, 26, 29 and 30, 2026 for the commencement of trial.
news
Ogun Central APC Race: ‘I Remain in the Contest’ — Sofela Declares Amid Consensus Speculation
By Solanke Ayomideji Taiwo
ABEOKUTA — A frontline aspirant for the Ogun Central Senatorial seat under the platform of the All Progressives Congress (APC), Emmanuel Adebola Sofela, popularly known as Shoffi, has dismissed widespread speculations that he has withdrawn from the race in favour of another aspirant .
Sofela described the reports making rounds in some political circles as “false, misleading and the handiwork of political detractors,” insisting that he remains fully committed to his ambition of representing Ogun Central Senatorial District at the National Assembly.
In a statement made available to journalists on Friday, the APC stalwart urged his supporters, political associates and loyalists across the six local government areas that make up Ogun Central to disregard the rumours and remain resolute in their support for his aspiration.
According to him, there has never been any agreement or arrangement for him to step down for any aspirant to emerge as a consensus candidate of the party.
“I want to categorically state that I have not stepped down for anyone in the Ogun Central Senatorial race. The rumours flying around are entirely false and should be ignored by all my supporters and members of the public,” he said.
Sofela expressed confidence in his chances of securing the APC ticket, stressing that his popularity, political experience and grassroots connection across the district place him in a strong position ahead of the party primaries.
The senatorial hopeful reiterated his determination to provide quality representation for the people of Abeokuta South, Abeokuta North, Odeda, Obafemi-Owode, Ifo and Ewekoro local government areas if elected into the Senate in 2027.
He noted that his aspiration is driven by a genuine desire to contribute meaningfully to the development of Ogun Central through effective legislation, empowerment programmes and people-oriented policies.
“My ambition is rooted in service to the people. I remain committed to the vision of giving Ogun Central a strong voice in the Senate and facilitating developmental initiatives that will positively impact our people,” Sofela added.
The APC chieftain further appealed to party members to remain united and avoid distractions capable of causing division within the party structure ahead of future political activities.
Political observers in the state believe the race for Ogun Central Senatorial seat is gradually gathering momentum as aspirants continue consultations and grassroots mobilization across the district ahead of the 2027 election cycle.
-
news5 months agoWHO REALLY OWNS MONIEPOINT? The $290 Million Deal That Sold Nigeria’s Top Fintech to Foreign Interests
-
society1 week agoSOCIAL MEDIA IS NOT A BATTLEFIELD COMMAND – WHY THE NIGERIAN ARMY’S ACTION AGAINST JUSTICE CRACK IS A NATIONAL SECURITY IMPERATIVE
-
celebrity radar - gossips4 months agoDr. Chris Okafor Returns with Power and Fire of the Spirit -Mounts Grace Nation Altar with Fresh Anointing and Restoration Grace on February 1, 2026
-
celebrity radar - gossips5 months agoProphet Kingsley Aitafo Releases 2026 Prophecy: ‘Nigeria Will Rise, but the World Must Prepare for Turbulence’


