• Latest
  • Trending

Court Forfeits Aircraft Linked to N114m Maiduguri Project Fraud

May 19, 2026

“Bring All Culprits to Book”: Adeleke Bans NURTW After Emir’s Murder

September 13, 2026

“Government Must Be Humble Enough to Admit Fault”: Farounbi, Mande’s Challenge to Nigeria

September 14, 2026

From Graduation to Casket: Fresh FUNAAB Graduate Dies in Abeokuta Crash

September 13, 2026

“A Prayer Interrupted”: Bandits Abduct Six Imams Heading to Pray for Tinubu

September 13, 2026

A Child Who Could Not Speak: Army Investigates Captain Over Alleged Abuse of Deaf 13-Year-Old

September 13, 2026

28-Year-Old Arrested in Apata as Oyo Police Vow War on Drug Peddlers

September 13, 2026

A Decade of Silence, Now Life Returns: Fishes, Periwinkles, Crabs Back in Ogoni Creeks

September 13, 2026

“It Is Time to Rewrite the Rules”: Tinubu Takes Nigeria’s Case for UN Security Council Reform to BRICS Summit

September 13, 2026

First Lady Keeps Word, Funds Ogun Prodigy’s Education to University

September 13, 2026

“We Must Become Extra Vigilant”: Adeleke Acts on DSS Terror Alert, Convenes Emergency Security Council Meeting

September 13, 2026

Ogun Exco Clears Roads, Hospitals, Power and MSME Agency

September 13, 2026

Trapped Under Rubble: Enugu Building Collapse Claims One Life, Rescue Ongoing

September 13, 2026

NDLEA Seizes 2.3 Tonnes of Drugs, Busts UK ‘Colos’ Pipeline

September 13, 2026

“A Generation on Sugar”: How the Packaged Snack Economy Is Rewriting Nigerian Children’s Health Destiny”

September 13, 2026

“We’re Sleeping Our Way to Deafness”: The Hidden Cost of Earbuds at Night

September 13, 2026

Northern Governors, Ministers Rally Behind Tinubu for 2027

September 13, 2026

Arabian Tycoons Race to Free Nigerian Mum Accused of Selling Daughter’s Explicit Videos for Cash

September 13, 2026

They Are Not Forgotten”: OAAF Takes Sanitary Pads, Hope to Girls at Lagos Correctional Centre

September 13, 2026

Zulum Unveils ₦15.9bn Post Office Flyover, Schools in Maiduguri

September 13, 2026

Nigeria Demands Urgent Reform of Global Institutions at BRICS Summit

September 13, 2026

Ghana’s New UAE Envoy: Yoruba-Ghanaian Shipping Legend HRT Ali

September 13, 2026

Otu mourns as Power Commissioner Prince Eka Williams dies in Abuja

September 13, 2026

Four Nigerians jailed for 13 years over 2,000 fake marriage certificates in UK immigration scam

September 13, 2026

Police Net ‘Fake Okada’ Rider Over Alleged Rape, Robbery of 35 Women in Bauchi

September 13, 2026

Tinubu Hits Paris for Second Leg of Europe Trip

September 13, 2026

Archbishop Kawas Hits Back at Critics Over Tinubu 2027 Endorsement

September 13, 2026

Real Warri Pikin Clinches AFRIMMA 2026 Best Stand-Up Comedian Award

September 13, 2026

Butcher in Scrubs: Fake Doctor Botches Hernia Op!

September 13, 2026

Nigerians Abroad Shipping Drugs Home – NDLEA Sounds Alarm

September 13, 2026

Obi remains my boss, relationship intact – Datti Baba-Ahmed clarifies capacity remarks

September 13, 2026
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
    • Sports
  • CONSULTATION
  • Shop
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
ADVERTISEMENT
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    “100MB Every Day: FG Opens New Digital Door for Nigerian Students”

    AI Could Kill Us All by 2030 — Anthropic Researcher Quits, Warns

    “Fake News, Real Panic”: Woman Arrested Over Bogus OPay Notice

    “AI Must Be Ethical”: Redeemer’s VC Wants Research to Tackle Insecurity

    NIS introduces Contactless Passport Renewal procedures for Nigerians in Diaspora

    A New Dawn for Electoral Logistics”: INEC Rolls Out Real-Time Tracker as Voters’ Register Nears Historic 100 Million

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    “The Braid of Defiance”: Michelle Alozie Refuses $150 Salon Bill

    Seven Words, One Nation Shaken: Inside Pete Edochie’s Viral Interview

    Crowned at Three, Dead at 34 — His Funeral Has Turned Into a Full Royal Rumble

    Esther Nwachukwu Defends Taking Money From “Good” Politicians

    A Star Is Born: Lady Gaga, Michael Polansky Welcome First Baby

    Poco Lee Walks Free in UK as Complainant Allegedly Withdraws Case

  • Lifestyle
    • All
    • Health

    “A Generation on Sugar”: How the Packaged Snack Economy Is Rewriting Nigerian Children’s Health Destiny”

    “We’re Sleeping Our Way to Deafness”: The Hidden Cost of Earbuds at Night

    “The Braid of Defiance”: Michelle Alozie Refuses $150 Salon Bill

    64 to Enroll. 68 to Triumph. A Grandfather of 12 Proves It’s Never Too Late

    UK Says No to Assisted Dying: A Question of Rights, or Who Holds Them?

    “Monkey Tail”: Silent Killer On The Streets, Ondo Communities In Mourning After Mass Poisoning

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
  • Home
  • BREAKING NEWS
  • Tech
    • All
    • Apps
    • Mobile

    “100MB Every Day: FG Opens New Digital Door for Nigerian Students”

    AI Could Kill Us All by 2030 — Anthropic Researcher Quits, Warns

    “Fake News, Real Panic”: Woman Arrested Over Bogus OPay Notice

    “AI Must Be Ethical”: Redeemer’s VC Wants Research to Tackle Insecurity

    NIS introduces Contactless Passport Renewal procedures for Nigerians in Diaspora

    A New Dawn for Electoral Logistics”: INEC Rolls Out Real-Time Tracker as Voters’ Register Nears Historic 100 Million

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Entertainment
    • All
    • CELEBRATIONS
    • Gaming
    • History and Culture
    • Movie
    • Music
    • Sports

    “The Braid of Defiance”: Michelle Alozie Refuses $150 Salon Bill

    Seven Words, One Nation Shaken: Inside Pete Edochie’s Viral Interview

    Crowned at Three, Dead at 34 — His Funeral Has Turned Into a Full Royal Rumble

    Esther Nwachukwu Defends Taking Money From “Good” Politicians

    A Star Is Born: Lady Gaga, Michael Polansky Welcome First Baby

    Poco Lee Walks Free in UK as Complainant Allegedly Withdraws Case

  • Lifestyle
    • All
    • Health

    “A Generation on Sugar”: How the Packaged Snack Economy Is Rewriting Nigerian Children’s Health Destiny”

    “We’re Sleeping Our Way to Deafness”: The Hidden Cost of Earbuds at Night

    “The Braid of Defiance”: Michelle Alozie Refuses $150 Salon Bill

    64 to Enroll. 68 to Triumph. A Grandfather of 12 Proves It’s Never Too Late

    UK Says No to Assisted Dying: A Question of Rights, or Who Holds Them?

    “Monkey Tail”: Silent Killer On The Streets, Ondo Communities In Mourning After Mass Poisoning

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Education
    • Sports
  • CONSULTATION
  • Shop
No Result
View All Result
ValidView Network - Breaking News, Nigerian News, Nigerian newspapers, Entertainment, Videos, Sports, Business and Politics.
No Result
View All Result

Court Forfeits Aircraft Linked to N114m Maiduguri Project Fraud

ValidViewNetwork by ValidViewNetwork
May 19, 2026
in News
0 0
0
Home News
ADVERTISEMENT
515
SHARES
536
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
Spread the love

ABUJA — In a landmark victory for Nigeria’s anti-graft campaign, the Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of a Hawker 125 private jet valued at millions of dollars. The aircraft was systematically acquired using funds plundered from the Maiduguri Emergency Power Project (MEPP).

​Justice Emeka Nwite of the Federal High Court sitting in Maitama, Abuja, delivered the final forfeiture order on Monday, May 18, 2026. The ruling effectively transfers ownership of the premium aircraft—bearing model number 800XP, serial number 258553, and registration number 5N-AMK—permanently to the Federal Government of Nigeria.

​The judgement brought to light a sophisticated network of insider trading, bid-rigging, and international money laundering orchestrated by a trusted public official.

​Inside the NNPCL Project Scam

​The roots of the forfeiture trace back to 2021, when the Nigerian National Petroleum Company Limited (NNPCL) launched the critical Maiduguri Emergency Power Project. The intervention was designed to restore electricity to Borno State’s capital after repeated insurgent attacks severed the city from the national grid. The contracts for the emergency project were valued at $114,148,155 and ₦23,172,969,904.

ADVERTISEMENT

​According to EFCC investigator Aminu Abdullahi, the multi-billion-naira infrastructure drive was quickly compromised from within. Alhaji Abdulsalam Mustapha Kachallah, who then served as the Chairman of the Borno State Rural Electrification Board and was a key member of the project’s steering committee, allegedly weaponized his insider position.

Advertisement. Scroll to continue reading.

​The anti-graft agency established that Kachallah entered into illicit, under-the-table agreements with China Machinery Engineering Company (CMEC). Using companies in which he held substantial personal interests, Kachallah sold privileged bidding and technical information to CMEC in exchange for massive financial inducements.

​Consequent to receiving this leaked data, CMEC successfully clinched three lucrative contracts under the emergency power project worth $52,120,172 and ₦20,213,956,953.

​The Brazilian Flight Path

​To obscure the trail of the illicit kickbacks, Kachallah allegedly utilized a complex financial laundry network. Under the pretext of a legitimate sub-contract, CMEC was instructed to transfer $2,070,000 into the Stanbic IBTC Bank account of Afuwa Integrated Services Limited, a Bureau De Change (BDC) operator.

​EFCC operatives uncovered that forged invoices were generated under Afuwa Integrated Services’ name to mimic legitimate services rendered to the Chinese engineering firm. In reality, the BDC operator was a pass-through entity. The $2.07 million was immediately routed into a Brazilian bank account to purchase the Hawker private jet from an aircraft vendor in South America.

​Once the procurement was finalized, Kachallah allegedly engineered a second layer of documentation to smoothly transfer the aircraft’s ownership from the BDC firm to Valiente Jet Limited, a shell company tied directly to him.

​Piercing the Veil of Incorporation

​Valiente Jet Limited, through its legal representative M.E. Oru, SAN, fought aggressively against the forfeiture during the final arguments on April 30, 2026. The defence argued that Kachallah was legally distinct from his corporate entities and questioned the admissibility of the EFCC’s investigative exhibits.

ADVERTISEMENT

​Oru maintained that the payments from CMEC were legitimate consultancy fees agreed upon to facilitate the smooth execution of the power intervention.

​However, the EFCC prosecution team, led by Iheanacho Ekele, SAN, and O.S. Ujam, successfully dismantled the defence. Ekele pressed the court to “pierce the corporate veil,” citing the settled judicial precedent of Oyebanji vs State, which dictates that incorporation cannot be used as a shield for individuals committing fraud. The prosecution further proved that Kachallah’s actions directly violated Sections 8, 10, and 53 of the ICPC Act, alongside strict provisions of the Money Laundering and Prohibition Act.

​The Final Verdict

​Upholding the federal government’s application, Justice Nwite held that neither Valiente Jet Limited nor Kachallah could adequately demonstrate a clean, lawful origin for the millions used to buy the aircraft.

Do you want to share a story with us?
Do you want to advertise with us?
Do you need publicity for a product, service, or event?
Contact us on WhatsApp +2348033617468, +234 816 612 1513, +234 703 010 7174
or Email: validviewnetwork@gmail.com
CLICK TO JOIN OUR WHATSAPP GROUP
ADVERTISEMENT

​The judge noted that the highly disguised nature of the transaction—including utilizing a BDC operator who openly denied knowing the true underlying purpose of the funds—left no doubt as to its illegality.

​The ruling marks the conclusion of a forfeiture process that began on November 13, 2025, when the court initially granted an interim forfeiture order. With no sufficient cause shown by the looters, the luxury jet now stands as a recovered asset of the state, symbolic of a power project compromised for personal luxury.

Previous Post

Saka Celebrates Title-Crucial Win with Grandmother Afterfrom Kwara!

Next Post

Finland Proposes Tougher Rules for International Students

ValidViewNetwork

ValidViewNetwork

Next Post

Finland Proposes Tougher Rules for International Students

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the latest news from ValidViewNetwork
Loading

SPONSORED ADVERT

SPONSORED ADVERT

As the Lord liveth, you are feeling bushing this 6th month better and stronger than the way you started it in Jesus Mighty Name. Our angels of good news shall locate us this month. Shalom!

  • Home
  • BREAKING NEWS
  • Tech
  • Entertainment
  • Lifestyle
  • Education
  • CONSULTATION
  • Shop

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

No Result
View All Result

© 2022 ValidViewNetwork - Website Developed by HaybeeMultimedia.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist