latest
US Charges Air Peace’s Onyema With ‘Justice Obstruction,’ He Vows To Fight Back
US Charges Air Peace’s Onyema With ‘Justice Obstruction,’ He Vows To Fight Back. Air Peace has denied any wrongdoing by its Chairman and Chief Executive Officer, Dr. Allen Onyema, and Chief of Finance and Administration, Mrs. Ejiro Eghagha, who have been charged by the United States for alleged obstruction of justice.....KINDLY READ THE FULL STORY HERE▶
A statement released by the US Attorney’s Office said that Onyema has been charged in a superseding indictment with obstruction of justice for submitting false documents to the government to end an investigation of him that resulted in earlier charges of bank fraud and money laundering.
Also charged is Eghagha, the airline’s Chief of Administration and Finance, for allegedly participating in the obstruction scheme, as well as in the earlier bank fraud counts.
This adds to an earlier $20 million bank fraud charge against Onyema, which has been on for the last five years.
He was accused of submitting false documents to US authorities in 2019 in an effort to stop the investigation and unfreeze his bank accounts regarding the alleged $20 million bank fraud.
“After allegedly using his airline company as a cover to commit fraud on the United States’ banking system, Onyema, along with his co-defendant, allegedly committed additional crimes of fraud in a failed attempt to derail the government’s investigation of his conduct,” said U.S. Attorney Ryan K. Buchanan.
In the superseding indictment, Onyema was alleged to have fraudulently transferred more than $44.9 million into his Atlanta-based accounts from foreign sources between 2010 and 2018.
Onyema and Eghagha were also alleged to have fraudulently applied for export letters of credit for the transfer of funds from a Nigerian bank account to the bank account of Onyema’s Atlanta-Georgia-based firm, Springfield Aviation LLC, between 2016 and 2017.
The letters of credit were purported to fund the purchase of five separate Boeing 737 passenger planes by Air Peace and were supported by documents such as purchase agreements, bills of sale, and appraisals.
“The documents purported to show that Air Peace was purchasing the aircraft from Springfield Aviation Company LLC, a business registered in Georgia.
“However, the supporting documents were allegedly fake – Springfield Aviation Company LLC was owned by Onyema and managed on his behalf by a person with no connection to the aviation business, and Springfield Aviation never owned the aircraft. The company that allegedly drafted the appraisals did not exist,” the statement said.
‘Onyema and Eghagha remain innocent’
Responding to the latest charge of ‘justice obstruction’ against its CEO Onyema and Chief of Finance and Administration, Eghagha, Air Peace in a statement on Sunday, insisted that the duo are innocent of all accusations.
The airline noted that the latest charges against Onyema and Eghagha are part of an extended legal process stemming from earlier accusations of financial misdeeds that date back several years.
It added that its legal team are fully engaged with the matter and is working tirelessly to ensure that justice prevails.
The statement reads, “Air Peace Limited is aware of the recent media reports concerning our esteemed Chairman and Chief Executive Officer, Dr. Allen Ifechukwu Onyema and Chief of Finance and Administration, Mrs Ejiro Eghagha in line with the latest legal charges filed by the U.S. Department of Justice. We understand that this may have raised concerns, and we wish to address these reports directly.
“These charges levelled against our post-holders are part of an extended legal process stemming from earlier accusations of financial misdeeds that date back several years.
“While the charges have been expanded, it is essential to emphasize that both Dr. Onyema and Mrs. Eghagha remain innocent and these are mere allegations, and the case is still in court. Our legal team is fully engaged with the matter and is working tirelessly to ensure that justice prevails. We remain confident that, through due process, the truth will be revealed, and our CEO and co-defendant will be exonerated.
“It is important to note that Dr. Onyema and his legal team have consistently cooperated with authorities throughout this process, and Air Peace continues to operate without disruption, upholding our commitment to delivering top-notch services to our valued customers.
“We want to reassure the public that these legal proceedings will not impact the safety, reliability, or day-to-day operations of Air Peace. The dedication and focus of our staff remain steadfast as we continue to provide you with the best aviation experience in Nigeria and beyond.
“We thank our customers and flying public for your continued support and understanding during this time, and we remain committed to serving you with excellence and integrity.
Yakubu Gowon University (formerly University of Abuja) has graduated 17,300 students at its combined 29th and 30th convocation ceremonies held on Saturday at the main campus.....KINDLY READ THE FULL STORY HERE▶
The university also conferred honorary Doctorate Degrees on Paul Odili, Founder and CEO of Paulo Group of Companies; Prof. Yusuf Ali, SAN; and Emmanuel Issa, in recognition of their contributions to society.
Vice Chancellor, Prof. Hakeem Fawehinmi, said the honourees were selected based on their character, achievements, and commitment to excellence.
He urged graduating students to focus on what they can contribute to national development, stressing that character, discipline, and integrity would determine their success beyond the classroom.
According to him, certificates may open doors, but personal values and conduct will shape long-term achievements.
The Vice Chancellor also reminded the graduates to uphold the reputation of the institution wherever they go.
Fawehinmi disclosed that the 29th convocation covered the 2022/2023 academic session, while the 30th covered 2023/2024, with thousands graduating across undergraduate and postgraduate programmes.
Speaking after receiving his honorary award, Dr. Odili dedicated the recognition to Nigerians with dreams and encouraged young people to remain persistent in pursuing their goals.
He also pledged support for the university, promising collaboration aimed at addressing key challenges facing the institution.
The Federal Government has released an updated list of items banned from importation into Nigeria, in a move aimed at protecting local industries and reducing pressure on foreign exchange.....KINDLY READ THE FULL STORY HERE▶
The revised prohibition schedule, dated April 1, 2026, outlines 17 broad categories of goods that are no longer allowed into the country through any entry point.
According to the Federal Ministry of Finance, the policy affects a wide range of products, including food items, pharmaceuticals, household goods, and industrial materials.
One of the most notable aspects of the list is the ban on several widely used medicines under specified HS codes, including paracetamol, metronidazole, cotrimoxazole, chloroquine, aspirin, folic acid, and some vitamin supplements. The government says these are now to be produced locally.
The restriction also covers pharmaceutical waste, which remains completely prohibited.
In the agriculture and food sector, the importation of poultry, pork, beef, and eggs remains banned, although an exception was made for hatching eggs used for breeding and research purposes.
Retail-packaged vegetable oils, sugar products, cocoa derivatives, tomato paste, and certain bottled water products are also included in the import restrictions, with emphasis on encouraging local production.
The policy further bars detergents, soaps, ballpoint pens and refills, cement, certain fertilizers, packaging materials, and specific steel and glass products.
The Nigeria Customs Service has been directed to enforce the new rules strictly, with importers and businesses advised to comply fully to avoid seizure of goods and penalties.
ADC chieftain and publisher, Dele Momodu, has dismissed calls for former Vice President Atiku Abubakar to withdraw from the 2027 presidential race, describing the push as unfair and politically motivated.....KINDLY READ THE FULL STORY HERE▶
Momodu was reacting to comments by activist Zekeri Idris Jnr, a supporter of Peter Obi, who urged Atiku to step aside over concerns about his age, which would be about 80 by 2027.
In a post on his X handle on Saturday, Momodu said attention should be focused on holding the government accountable rather than targeting Atiku’s political ambition.
The exchange followed a viral video where Idris insisted that Atiku should support younger aspirants instead of contesting, arguing that voters would not back an elderly candidate.
Idris also suggested that Atiku should act as a statesman and support younger politicians such as Rabiu Musa Kwankwaso and others.
Responding, Momodu cited several world leaders who held office at advanced ages, arguing that experience should not be dismissed in leadership discussions.
He questioned what should disqualify Atiku from contesting, insisting that age alone is not a valid reason.
Atiku, who lost the 2023 presidential election to President Bola Tinubu, is reportedly considering another run in 2027 under the African Democratic Congress (ADC).
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp