• Latest
  • Trending

Court Forfeits Aircraft Linked to N114m Maiduguri Project Fraud

May 19, 2026

Finland Proposes Tougher Rules for International Students

May 19, 2026

Saka Celebrates Title-Crucial Win with Grandmother Afterfrom Kwara!

May 19, 2026

APC Consensus Aspirant Yayi Faces Disqualification Threat Over Court FOI Suit

May 19, 2026

Felix Ohagwu Assumes Duty as 47th Ondo Police Commissioner

May 19, 2026

New Ondo CP Assumes Office Vows Professionalism

May 19, 2026

Aiyedatiwa presents staffs of office to two Ilaje monarchs

May 19, 2026

Tinubu Condemns Killing of Abducted Teacher, Assures Rescue of Victims in Oyo

May 19, 2026

EFCC Returns ₦837.5m Stolen Public Funds to Katsina Govt

May 19, 2026

Makinde Opens Door for Dialogue with Terrorists to Save Kidnapped Pupils, Teachers

May 19, 2026

Okowa Defeats Nwoko to Clinch Delta North APC Senatorial Ticket

May 18, 2026

Eight Suspended Ogun NUJ Members Challenge NEC Over ‘Non-Existent’ Constitutional Provision

May 18, 2026

Coaster Bus Kills Pedestrian On Ogun Construction Lane

May 18, 2026

Four Dead in Turkey Restaurant Shooting

May 18, 2026

FIRS,JTB Morph as NRS,JRB Launch Mandatory Unified Tax ID for Nigerians

May 18, 2026

2027 Presidency: PDP Faction Screens Jonathan as Sole Candidate Tuesday

May 18, 2026

Ebola Outbreak: Nigeria Tightens Borders After WHO Declares Global Emergency

May 18, 2026

Amusan Claims Third in Shanghai Blistering Hurdles Clash

May 18, 2026

SUV Plunges Into Lagos Canal, Two Fight For Life

May 18, 2026

Aiyedatiwa’s Consensus Plot Collapses as Party Disqualifies Seven Key Aspirants

May 18, 2026

Outrage in Badagry as Hoodlums Rape, Strangle Grandmother to Death

May 18, 2026

2027: Shuaib Salisu Congratulates Osoba, Afuape, Adeleye on Primaries Victory

May 18, 2026

Ritual Suspicion as Two Men Kill Families in Enugu

May 18, 2026

No Foreign Boots on Ground in Al-Minuki’s Elimination, Says DHQ

May 18, 2026

OOU Defeats Retired Lecturer’s ₦2bn Promotion and Trauma Suit in Court

May 18, 2026

Celebrating Emmanuel Okala, Africa’s ‘Man Mountain,’ at 75

May 18, 2026

Gbenga Daniel Pulls Out Of APC Senate Race, Asks Supporters To Boycott Primaries

May 17, 2026

Nasarawa 2027: SAN Vows to Defy Governor Sule, Rules Out Stepping Down

May 17, 2026

EFCC Scandal-Ridden Ex-Gov Yahaya Bello Cleared for Senate Battle Amid N80bn Fraud Trial!

May 17, 2026

FEC Greenlights NITT’s Smart National Transport Databank Project to Revolutionise Nigeria’s Transit Ecosystem

May 17, 2026

Atiku Accuses Tinubu Of Slow Response To South Africa Crisis

May 17, 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

    The End of the Password? UK Cyber Chiefs Urge Shift to ‘Unbreakable’ Passkeys

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    I have been fired unfairly by Paystack, says co-founder Ezra Olubi

    FG unveils digital ID app to enhance data protection, user control

    A New Era Begins: Traffic Lights to Add Fourth White Signal for Autonomous Vehicles

    Nigerian Girls Triumph at 2025 Technovation Global Summit with AI Safety App

    Trending Tags

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

    Saka Celebrates Title-Crucial Win with Grandmother Afterfrom Kwara!

    Aiyedatiwa presents staffs of office to two Ilaje monarchs

    Amusan Claims Third in Shanghai Blistering Hurdles Clash

    Celebrating Emmanuel Okala, Africa’s ‘Man Mountain,’ at 75

    Frank Edoho Opens Up on Mental Health,Silent Struggles and Fear of Heartbreak

    Ooni welcomes twin princes with Olori Mariam

  • Lifestyle
    • All
    • Health

    Ebola Outbreak: Nigeria Tightens Borders After WHO Declares Global Emergency

    WHO DECLARES INTERNATIONAL EMERGENCY AS RARE EBOLA STRAIN SPREADS FROM DR CONGO

    Lagos Warns Against Poisonous ‘Ata Esha’ Tomatoes Over Cancer Risk

    NAFDAC Clears BON Bread After Two-Month Shelf Life Probe

    OGEPA Dismisses Air Pollution Reports Over Ijebu-Ode School Incident, Cites Chemical Odour Exposure

    Aiyedatiwa Boosts Emergency Healthcare with Free 48-Hour Critical Care

    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

    The End of the Password? UK Cyber Chiefs Urge Shift to ‘Unbreakable’ Passkeys

    Tinubu Hails Lebara’s Entry as “Vote of Confidence” in Nigeria’s Digital Economy

    I have been fired unfairly by Paystack, says co-founder Ezra Olubi

    FG unveils digital ID app to enhance data protection, user control

    A New Era Begins: Traffic Lights to Add Fourth White Signal for Autonomous Vehicles

    Nigerian Girls Triumph at 2025 Technovation Global Summit with AI Safety App

    Trending Tags

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

    Saka Celebrates Title-Crucial Win with Grandmother Afterfrom Kwara!

    Aiyedatiwa presents staffs of office to two Ilaje monarchs

    Amusan Claims Third in Shanghai Blistering Hurdles Clash

    Celebrating Emmanuel Okala, Africa’s ‘Man Mountain,’ at 75

    Frank Edoho Opens Up on Mental Health,Silent Struggles and Fear of Heartbreak

    Ooni welcomes twin princes with Olori Mariam

  • Lifestyle
    • All
    • Health

    Ebola Outbreak: Nigeria Tightens Borders After WHO Declares Global Emergency

    WHO DECLARES INTERNATIONAL EMERGENCY AS RARE EBOLA STRAIN SPREADS FROM DR CONGO

    Lagos Warns Against Poisonous ‘Ata Esha’ Tomatoes Over Cancer Risk

    NAFDAC Clears BON Bread After Two-Month Shelf Life Probe

    OGEPA Dismisses Air Pollution Reports Over Ijebu-Ode School Incident, Cites Chemical Odour Exposure

    Aiyedatiwa Boosts Emergency Healthcare with Free 48-Hour Critical Care

    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
484
SHARES
504
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.

​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

​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.

Advertisement. Scroll to continue reading.

​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.

​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.

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
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