CrimeFeatured

N8B Frozen Account: Bola Shagaya Kicks, Says I Have Not Committed Any Crime

142

Billionaire business woman Bola Shagaya has described insinuation by the anti-graft agency that the funds in her bank accounts was proceeds of crime.

She described the allegation as an invidious lie, vowing to use all legal means to defreeze the accounts.

” I have not been indicted of any crime, and none of my companies have broken any laws of the land, she said in a chat with Per Second News on Sunday.

Shagaya has vowed to continue her case in the law court, alleging that her account freeze did not comply with Section 34(1) of the EFCC Act, 2004.

” I have lost business goodwill, can’t pay N514m debts on chartered aircraft,  she said.

She said the Aircraft Lease Agreement between her and Global Apex Air Limited has been terminated with her forfeiting US$1million.

Shagaya accused Unity Bank of complicity on her travails following the bank’s alleged failure to exercise the requisite due diligence.

“It is so shameful and disgusting when we make ourselves a laughing stock before international circles through brazen unconstitutional acts by publicly funded government institutions, just to get a round of applause, said a close associate of the business woman.

The (EFCC) froze over N8, 627,458,773.36 billion in three of her accounts.

However, Unity Bank says its hands are tied by the law in complying with the EFCC’s directives to freeze Shagaya’s accounts.

The account names are (i) First Deep Water Discovery Limited; (ii) Bola Shagaya; (iii) FAPLiNs Nigeria Limited (iv) Lingo Nigeria Limited; (v) Buri Barclays BDC; (vi) Links Global Synergy Ltd; (vii) OKIOIL Nig. Ltd; (vii) JEMARVIZ Nig Ltd; (ix) PJ Oil and Gas Ltd; and (x) AFDIN Ventures Ltd.

 

Leave a comment

Related Articles

Chinese man to die by hanging for stabbing his Nigerian girlfriend to death

A Chinese national, Frank Geng-Quangrong, who killed his Nigerian girlfriend, Ummukulsum Sani,...

NDLEA Nab Hairstylist, Dispatch Rider For Allegedly Selling Drug-Laced Chin-Chin To Students, At Parties

The National Drug Law Enforcement Agency (NDLEA) has detained a 20-year-old hair...

Incestuous RCCG Pastor faces trial for allegedly raping, impregnating daughter

Emmanuel Orekoya, a pastor of the Redeemed Christian Church of God, Lagos,...

NDLEA records largest heroin seizure at Lagos Airport

The National Drug Law Enforcement Agency (NDLEA) says it has successfully intercepted...

Oluomo, impeached speaker of Ogun Assembly, two others arraigned over alleged N2.5bln fraud

The impeached Speaker of the Ogun State House of Assembly, Olakunle Oluomo,...

Just in: Lustful Lagos pastor bags life imprisonment for rape

Horny Lagos pastor Feyi Daniels is to spend the rest of his...

$500,000 bribe charge: Supreme Court affirms ex-lawmaker Lawan’s five-year jail term

The nation’s Supreme Court on Friday upheld the five-year sentence slammed on...

Alleged ₦4bln fraud: Ex-Anambra governor, Obiano, arraigned, enters ‘not-guilty’ plea

“The judge said Obiano should enjoy bail on the administrative terms granted...

Emefiele: FG amends, raises charges against him to 20

The Federal Government has again amended the charges against the former Governor...

$6bn power project: Reprieve as Obasanjo’s Power Minister, Olu Agunloye, gets N50m bail

Reprieve came for a former Minister of Power and Steel, Dr. Olu...

Plateau killings: Three gunrunners busted, guns, ammunition recovered – Police High Command

Three suspected members of a gun running syndicate have been apprehended in...

Horrific! 23-year-old girlfriend shoots fatally police cop during fight

A 23-year-old girlfriend has during a fight pulled the trigger of her...

Infidelity: Choleric housewife douses hubby with hot water for attending party alone 

Bad-tempered housewife, Mrs Dorcas Oluwabukola, who bathed her husband with hot water,...

Caught in the act: Fowl raper, cooling his heels in police net

In what is perceived as repulsive act of bestiality, a sex-starved pervert,...

How social media helped Rivers CP, crack team to bust policemen for ransom kidnapping

Following reports of some policemen allegedly involved in ransom kidnapping, Rivers State...

Nigeria-British Chamber of Commerce inagurates Atelly as 18th President, unveils programmes

Ray Atelly has been sworn in as the 18th President of the...

Ex-CBN Gov. Emefiele back to prison over unmet bail conditions, trial adjourned to January 2024

A former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has yet...

Kano guber poll ‘clerical error’: An Appeal Court judgment in a mire of controversy

The past few months have been characterized with legal tussles over the...

Ambush, murder of 7 DSS officers in Lagos: Man to keep date with hangman, accomplice bags 16 years

For ambushing and killing seven officers of the Department of State Services...