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UBA refunds man whose N247, 000 was stolen from his account

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In a rare act of compassion, never done by any bank before, United Bank for Africa refunded the funds of a middle-aged man who was recently robbed of his entire fund, amounting to N247,000.00.

According to source, it was gathered that the man visited UBA Chevron branch office to complain about being robbed of his phone and he was assisted on how to block his account only for the bank to find out that there was some other vital information that was not given and was necessary to block off his phone from the fraudsters.

The customer who later returned to complain of his funds being stolen was later consoled and given back his entire money by the bank.

This again is a rare act of kindness and compassion never seen by any bank in Nigeria. Similar instances have occurred with many other banks in recent times and their funds were never refunded.

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INVESTIGATION

Lagos commissioner, Ajibola Ponnle’s rising profile

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Lagos commissioner, Ajibola Ponnle’s marriage crumbles
Ajibola Ponnle

Ajibola Yewande Olufunke Ponnle is the Lagos State Commissioner for Establishments, Training and Pensions.

Until her appointment,  she was the Registrar and Chief Executive Officer of the Chartered Institute of Personnel Management, the industry regulator of the profession of Human Resource Management in Nigeria.

Born on the 9th of September, 1973, she has 25 years uniquely diverse professional experience. Building on her B.Sc. in Economics from the University of Ibadan and a M.Sc. in Organisational Psychology from the University of London, she gained key skills in the fields of finance, strategy, organizational development and human resource management, with a specialisation in executive/leadership and team coaching.

She is a Fellow of the Institute of Chartered Accountants of Nigeria, Member of the Chartered Institute of Personnel Management of Nigeria, Associate of the Chartered Institute of Taxation of Nigeria and an International Coach Federation Accredited Professional Coach.

Mrs Ponnle started her career in 1994 with Arthur Andersen (now KPMG), thereafter, joined British American Tobacco as one of the founding pre-merger staff and left as a member of both the Finance and Marketing Senior Management teams. In 2004, she became an entrepreneur, setting up a series of companies including TeamBuilding Africa Consultancy, the regional representative of Team Building USA where she was at the forefront of shaping the experiential team development industry in Nigeria, serving also as visiting faculty on the Executive Management Programme at Lagos Business School. In 2015, she pioneered the establishment of the Nigeria Chapter of International Coach Federation (ICF) and served as the Founding Chapter President, a Trustee and a member of ICF EMEA regional leadership team.

She became the first Nigerian to earn the ICF Professional Certified Coach accreditation and also the first Core Energy Coach and Energy Leadership Master Practitioner in the country. In recognition of her contribution to the development of professional coaching in the region, she was selected as one of five founding members of the Africa Executive Coaching Council.

In January 2017, Ajibola launched the Centre for Core Coaching, dedicated to certifying professional life and corporate coaches, becoming the first programme in West Africa developed to meet the International Coach Federation accredited coach training standards. Ajibola is a seasoned learning facilitator and international speaker. A visionary, change champion and consummate professional who is fully committed to pursuing the ‘Human Agenda’ in the nation.

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INVESTIGATION

Ecobank Nigeria partners Lagos govt to clean up waterfronts

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Ecobank Nigeria is partnering with Lagos State Ministry of Environment on Waterfront Clean Up Program to enhance the preservation of marine Ecosystem and effectively facilitate socio-economic activities such as transportation, power generation, irrigation and habitat to aquatic life.

The exercise, tagged “Cleaner Waterfront Our Pride”,  was flagged off on Thursday at the Lagos State Government, Ferry Jetty, Amuwo-Odofin.
In his comment, Engr. Joe Igbokwe,  Special Adviser to the Governor of Lagos State on Drainage and Water Resources, said the project was dedicated to cleaning Lagos waterfronts and educating people on ways of disposing plastic waste properly rather than dumping them into the gutter and how to preserve the Ecosystem in general.

Igbokwe who profusely commended Ecobank for its continual support on environmental sustainability issues noted that each and every one of the citizens and corporate bodies are stakeholders and must be involved in helping to preserve the environment, as it is a call to action for all.

Also speaking, the Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the partnership to clear up Lagos waterfronts is part of the Pan African bank’s Corporate Social Responsibility (CSR) policy to support environmental sustainability initiatives with a view to making the environment safer for living.

According to him, the partnership with Lagos State Government and other non- governmental organisations across the continent was in that direction.
He noted that the water bodies are priceless gifts of nature with huge aesthetic, tourism and economic values.

He lamented that these, however, had been subjected to all forms of abuse and degradation, including dumping and littering with solid wastes and all forms of debris.

The Managing Director who was represented by Tunde Dawodu, a General Manager in the bank, pointed out that there should be a culture change on the way we dispose of our garbage.
This he noted starts with every one of us. He noted that it was in recognition of this fact, that  Ecobank in May this year launched a campaign tagged: ‘Plastic Bottle for Cash’ to pick up four million bottles from Lagos drainages.

Under the initiative, Lagos residents were informed and encouraged to exchange plastic bottles for cash at designated locations across the State.
Of the 4 million target set, over two million used plastic bottles have so far been removed from the streets as the project continues to the end of the year.

According to him, “this initiative is part of our sustainability week for 2019, designed to create awareness on environmental sustainability and to buttress the fact that as a bank, we take time in helping to protect the environment where we operate. Ecobank is an environmentally friendly and socially responsible entity in alignment with the expectation of the Nigeria Sustainability Banking Policy of Central Bank of Nigeria.”

He noted that the 2019 campaign centered on cleaning Lagos and its environs of used plastic bottles along streets, drainages and waterways by collecting and recycling four million plastic bottles. “We hope to reduce this menace affecting our ocean marine life and threatening the food chain. As a responsible corporate organization, the bank will do all it takes to check the trend to ensure a safer living environment for every one of us”.

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Air Peace CEO, Allen Onyema risks jail over money laundering, bank fraud

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Air Peace CEO, Allen Onyema risks jail over money laundering, bank fraud

Allen Ifechukwu Athan Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes.

The Nigerian businessman was accused of moving more than $20 million from Nigeria through US bank accounts in a scheme involving “false documents” based on the purchase of airplanes.

Onyema was indicted alongside Ejiroghene Eghagha, the airline’s chief of administration and finance, who is said to have committed aggravated identity theft in connection with the scheme.

In a statement issued by the district attorney’s office on Friday, Onyema and Eghagha were indicted on November 19, 2019, on one count of conspiracy to commit bank fraud, three counts of bank fraud, one count of conspiracy to commit credit application fraud, and three counts of credit application fraud.

“Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud,” Byung J, US attorney for the northern district of Georgia, was quoted in the statement.

“We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.”

Robert J. Murphy, the special agent in charge of the Drug Enforcement Administration (DEA) Atlanta field division, also said: “Allen Onyema’s status as a wealthy businessman turned out to be a fraud. He corrupted the U.S. banking system, but his trail of deceit and trickery came to a skidding halt.”

Robert Hammer, another special agent, accused Onyema of setting up “various innocent sounding multi-million dollar asset purchases which were nothing more than alleged fronts for his scam”.

Onyema was said to have started travelling frequently to Atlanta, where he opened several personal and business bank accounts. Between 2010 and 2018, over $44.9 million was allegedly transferred into his Atlanta-based accounts from foreign sources.

After he founded Air Peace in 2013, Onyema was said to have gone to the US to purchase aircraft and “over $3 million of the funds used to purchase the aircraft allegedly came from bank accounts for Foundation for Ethnic Harmony, International Center for Non-Violence and Peace Development, All-Time Peace Media Communications Limited, and Every Child Limited.

“Beginning in approximately May 2016, Onyema, together with Eghagha, allegedly used a series of export letters of credit to cause banks to transfer more than $20 million into Atlanta-based bank accounts controlled by Onyema.  The letters of credit were purportedly to fund the purchase of five separate Boeing 737 passenger planes by Air Peace. The letters were supported by documents such as purchase agreements, bills of sale, and appraisals proving that Air Peace was purchasing the aircraft from Springfield Aviation Company LLC, a business registered in Georgia.

“However, the supporting documents were fake — Springfield Aviation Company LLC, which is owned by Onyema and managed by a person with no connection to the aviation business, never owned the aircraft, and the company that allegedly drafted the appraisals did not exist.  Eghagha allegedly participated in this scheme as well, directing the Springfield Aviation manager to sign and send false documents to banks and even using the manager’s identity to further the fraud. After Onyema received the money in the United States, he allegedly laundered over $16 million of the proceeds of the fraud by transferring it to other accounts.”

The statement, however, added that Onyema and Eghagha are presumed innocent of the charges and it will be the government’s burden to prove the guilt beyond a reasonable doubt at trial.

In September, Onyema was hailed by many for evacuating Nigerians stranded in South Africa at no cost. The house of representatives had subsequently also recommend him for national award.

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