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Leadway Assurance Company In Trouble Over Multi-Million Naira Fraud – Customer Claims

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An Abuja-based man, Jolayemi Woleola has accused an insurance corporation, Leadway Assurance Company of fraud.

He described the attitude and disposition of the company to his insurance claim as appalling, disappointing, annoying and frustrating.

Jolayemi said Leadway Assurance Company came up with different excuses and outright lies to avoid the fulfilment of their obligation towards him.

The statement reads in part, “I entered into a vehicle insurance contract with Leadway covering my Mercedes Benz E 300 2017 model. The insured car was involved in an accident with a trailer on Kubwa express in Abuja on 23/07/2021.

“I presented my claim to Leadway after relevant documents like the police report were issued. The Leadway insurance has maliciously refused to reinstate me to the position I was in prior to the accident.

“Leadway has been coming up with excuses including outright lies to refuse the fulfilment of their obligation towards me.

“Leadway started from questioning the veracity of an accident which threatened my life to outright lies of claiming to visit the hospital where I was treated of bleeding and being told no patient was treated on that day to twisting outright glaring facts as to the value of the Vehicle prior to insuring same.

“They did not go to the hospital and they lied that they went there. When I went back to the hospital, I requested for CCTV footage of the said day that I came to the hospital, the hospital management asked me why and I showed them Leadway letter.

“The hospital said nobody came to their hospital and they said they don’t even discuss their patients’ medical reports or histories with third parties. They decided to issue a medical report to me which I sent to Leadway again.

“The company went as far as making false allegations against me just in a bid to unjustly refuse reinstating my vehicle back to the position it was before the accident.

“Even a demand that I want the vehicle fixed as opposed to being paid cash for the claim has been recalcitrantly treated by Leadway. I think it is pertinent to let the world know of the disposition of Leadway towards insurance claims as evidenced by my situation.

“The pertinent question is – with attitude such as displayed by Leadway, what is the hope for insurance and adequate/efficient service delivery in Nigeria.”

“At a time when public perception of the concept of insurance as a financial tool of protection is low and Nigerian Government’s effort to improve service delivery in the insurance sector and build confidence in the sector, the attitude and disposition of Leadway as a major player in that sector is appalling, disappointing, annoying and frustrating,” he added.

But in a letter to Jolayemi Woleola from Leadway Assurance Company, which was dated September 10, 2021 and signed by Okanke Eze of Claims Department and E.0. Soje for Divisional Director, the company accused the policyholder of breaching the “policy terms and condition guiding the principles of insurance”.

In the letter titled, ‘Re: Our Claim No: AB21C000098PM Our Policy No: PM210002781 AB Accident Involving Mercedes Benz E 300 With Reg No. RBC 123 BL on 23/07/2021 Insured: JOLAYEMI WOLEOLA,’ Leadway said it would only offer N3,769,941.56, which translates to N3,711,755.09 payment after deduction for “Less 1.75% contribution for betterment on replaced items”.

It said among other things, “You disclosed to us that the vehicle was purchased in April, 2021 while the first servicing was done in Lagos before bringing it to Abuja. However, we discovered that the vehicle was sold via auction on 08/09/2020 with primary damage to front end, secondary damage right front and airbags not reinstalled. Being an accident vehicle, the maximum sum insured value is N7,250,000.00 as against the sum insured of N15million placed on same.

“You will agree that this is misrepresentation of facts and breach of utmost good faith which goes to the root of every insurance contract and make void of the contract from inception.

“Furthermore, we observed that an estimate of repairs of N13,443 ,982.77 from Mercedes Benz, Barbados was presented to us when you know fully well that you do not have maintenance records with them. You may refer to the maintenance garage clause in your policy which states that ‘It is hereby declared and agreed that in the event of an accident involving the vehicle covered by this policy, the insured is restricted to obtaining estimate of repairs from maintenance garage engaged for regular maintenance activities or repairs for at least six (6) months prior to the incident or loss.’

“Meanwhile, we discovered that the repairs of the Mercedes Benz E 300 car was usually carried out at Dawab Auto repairs situated along Kubwa Express Abuja. Therefore, going to Barbados other than your usual repairing garage is a pointer that you want to make profit from insurance. This act is also against the principles of insurance as the purpose of insurance is to indemnify you by putting you to the position you were immediately prior to the loss.”
In another letter to Jolayemi Woleola dated October 5, 2021 and signed by Okanke Eze of Claims Department and Onasanya Mustapha for Divisional Director, Leadway Assurance Company said, “We refer to your mail of 17th September, 2021 and letter dated 15th September, 2021 respectively in which you rejected our offer of N3,769,941.56 given to you without prejudice.

“However, we have gone through all the receipts and invoices you attached to your letter under reference and it further indicates that you concealed material facts about the vehicle before insuring same with us. The implication of concealing material facts ab initio qualifies for repudiation of the claim as this makes the contract void.”

It insisted it would not improve its offer, saying, “In view of the above, we have graciously allowed the claim by giving you an offer rather than outright repudiation of the claim as such, we will not be able to improve on the settlement offer and urge you to execute the discharge voucher earlier sent to you to enable us conclude action on the claim and mark our file closed. We look forward to receiving from you shortly.

It further said, “Please be informed that you breached the principle of utmost good faith as you made underwriters believe that you just purchased the car in April 2021 and was yet to register it with Barbados before insuring with us.
“You told us the same thing on the first and second claims. You stated in your mail of June 9, 2021 and August 13, 2021 respectively that you just purchased the car in April 2021 and did the first servicing in Lagos before bringing the car to Abuja and service lasts for 6 months which makes you not to register with Barbados before the accident happened’.
You never mentioned to us that the car was an accident vehicle and you carried out repairs on it prior to insurance cover as evident in your mails under reference. This act is misleading as you already know that the accident vehicle you purchased via custom auction in September 2020 has a lot of issues ranging from key problems, airbags, and other internal issues that underwriters cannot see during the physical pre-loss inspection and this information was concealed.

“To further attest that you want to make profit from insurance, some of the items that are still required to fix the car now with the present damaged condition, the parts that were purchased at N50,000.00, you brought estimate from Barbados charging over N400,000.00 for same parts.

“The side mirror you replaced for N150,000.00, you want us to pay N736,215.00 and N286,693.00 for low arm that is sold for N80,000.00 at shop where you bought same before and you are aware the parts are still available. (Attach herewith is copy of estimate of repairs from Kris-Mekino Investment Co. Ltd. dated 23rd September 2021 confirming the same amount for those items). We have established from the various documents that you carried out massive repairs in Lagos with reasonable cost. It is important to note that the purpose of insurance is to indemnify you by putting you to the position you were immediately prior to the loss. The reason we gave you an offer that was adequate to reinstate the car back to its position before the purported accident.”

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Update : Adeyemi Matthew Is a Fraudster Plotting to Implicate Chief of Staff, Says Onanuga

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…says Gbajabiamila first reported fake presidential agency to DSS, Police

…adds police file eight-count charge against suspect, two accomplices

The Presidency on Wednesday described Adeyemi Adeniyi Matthew as a con artist with a long record of elaborate scams, warning politicians and the public against using his claims to falsely implicate the Chief of Staff to the President, Femi Gbajabiamila.

In a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the Presidency said Matthew had been parading himself as Director-General of a fictitious Presidential Foreign Intervention Promotion Council, also referred to as the Presidential Economic Advisory Council.

Onanuga said the Office of the Chief of Staff to the President was, in fact, the first to alert security agencies to the activities of the illegal body after complaints from the Nigerian Investment Promotion Council that another so-called government agency appeared to be working at cross-purposes with it. NigeriaCurrent Affairs

According to the statement, the Chief of Staff had, in a letter dated October 17, 2025, asked the Department of State Services and the Police to investigate “fraudsters and impostors” forging appointment letters purportedly issued from his office.

The forged documents, the Presidency said, carried fake signatures, reference numbers and seals, and were being used to claim appointments into non-existent bodies, especially the so-called Presidential Foreign Intervention Promotion Council.

Gbajabiamila’s petition also alleged that Adeyemi Matthew operated from an office at the Federal Secretariat Complex, Phase III, Abuja, held meetings with Nigerians and foreigners, and requested a note verbale from the Ministry of Foreign Affairs to facilitate United States visas for some of his purported staff.

The Presidency said the Chief of Staff warned the security agencies that the development constituted a serious criminal act capable of undermining the integrity of the Presidency and official government communication.

The statement said the petition was accompanied by copies of the forged appointment letter, a request for a note verbale to the Ministry of Foreign Affairs, and pictures of engagements obtained from the illegal agency’s website.

It further added that the Ministry of Foreign Affairs had also raised concern about the fake agency after Adeyemi Matthew held a meeting with ambassadors at Wells Carlton Hotel and Apartments, Asokoro, on October 10, 2025, without recourse to the ministry.

In a letter dated October 15, 2025, signed by Ambassador Anderson Madubuike, the ministry wrote to the Office of the National Security Adviser and the Chief of Staff requesting clarification on Adeyemi Matthew’s agency, describing his action as a breach of diplomatic practice.

“This act contravenes extant rules and regulations guiding diplomatic practices globally”, the ministry stated.

The Presidency said the Office of the National Security Adviser later wrote to the Office of the Secretary to the Government of the Federation on October 20, while the OSGF, on October 29, wrote to the Chief of Staff seeking clarification following inquiries from government and non-governmental bodies.

The statement explained that Gbajabiamila had already sent a clear rebuttal to the Foreign Affairs Ministry two days earlier, stating that he never issued any appointment letter to Adeyemi Matthew as Director-General of the fake council.

He said the Chief of Staff could not have appointed anyone into a non-existent agency, adding that appointments and appointment letters are the responsibility of the Office of the Secretary to the Government of the Federation, not the Chief of Staff.

In another response to the OSGF on November 5, 2025, Gbajabiamila again denied knowledge of Adeyemi Matthew and the fake agency, saying Matthew and the so-called Presidential Foreign Investment Promotion Council were unknown to his office.

The Presidency said the Police, acting on the Chief of Staff’s October 17 petition, arrested Adeyemi Matthew on October 27, 2025, at the Abuja office where he allegedly operated the scam.

Police investigators also searched the office and Adeyemi Matthew’s residence in Suleja, recovering documents and exhibits.

In his statement to the Police, Adeyemi Matthew allegedly claimed that one Dolapo Babatunde Tanimola assisted him in procuring the fake appointment letter. Police later discovered that Tanimola had died in a fire incident at Kachi Hotel, Abuja, on October 22, five days before Matthew’s arrest.

According to Onanuga, the Police established that Adeyemi Matthew’s purported agency was fictitious, that he forged his appointment letter and other recovered documents, and that he falsely paraded himself as a government appointee.

The Police also found that he falsely solicited a note verbale from the Ministry of Foreign Affairs to secure United States visas for himself and his purported staff.

The statement further disclosed that Adeyemi Matthew operated 34 bank accounts, including nine opened in the names of fictitious agencies identified as FCT Investment Promotion Agency and Public Private Partnership, FIPA-APP, and FCT Investment Promotion Act.

It said Adeyemi Matthew allegedly used fake documents to fraudulently open a Central Bank of Nigeria account by misleading the Office of the Accountant-General of the Federation, though no government money had been transferred into the account. NigeriaCurrent Affairs

Quoting the police investigation report by Assistant Commissioner Kabir Mogaji, the Presidency said Adeyemi Matthew’s conduct amounted to criminal forgery, impersonation and obtaining by false pretence, bringing the Office of the Chief of Staff and the Presidency into disrepute before the public and the international community.

Based on the investigation, the Police filed an eight-count charge against Adeyemi Matthew and two alleged accomplices at the Federal High Court, Abuja, on November 27, 2025. He is expected in court on July 27.

The Presidency said Adeyemi Matthew was on police bail when he recently claimed that the Chief of Staff appointed him as Director-General of the fictitious agency, a claim Onanuga said contradicted his statement to the Police in November 2025.

The fresh claim, according to the statement, prompted the Chief of Staff to issue a disclaimer on June 8, 2026, consistent with earlier advisories that Adeyemi Matthew was an impostor.

“The case of Prince Adeniyi Adeyemi Matthew is a clear case of a con artist who appears to have built a web of false claims to deceive unsuspecting government officials and the public into playing by his scam book,” Onanuga said.

He added that Adeyemi Matthew had a history of fraudulent misrepresentation, recalling that in November 2016, he allegedly paraded himself as an ambassador and President-General of the World Youth Organisation, which he claimed was affiliated with the United Nations.

The statement said Adeyemi Matthew claimed to have been elected in New Delhi, India, and was celebrated by local media until the United Nations denied the existence of such a body.

The Presidency advised politicians and members of the public to disregard Adeyemi Matthew’s claims against the Chief of Staff rather than accepting his narrative without scrutiny.

It urged them to await the trial of Adeyemi Matthew and his alleged accomplices, as well as the court’s judgment, warning that public comments on the matter are sub judice.

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Update : NIMC Records Facilitate Arrest of Seven Boko Haram, ISWAP Commanders – Ojo Reveals

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‎NIMC database helped arrest seven Boko Haram, ISWAP commanders returning from Hajj – Minister

‎The Minister of Interior, Dr Olubunmi Tunji-Ojo, said on Friday that Nigeria’s integrated identity management system led to the arrest of seven suspected Boko Haram and ISWAP commanders returning from the 2026 Hajj pilgrimage.

‎Tunji-Ojo disclosed this at the Presidential Villa, Abuja, shortly after President Bola Tinubu signed the National Identity Management Commission Act 2026 into law, as contained in a statement signed by the President’s aide, Bayo Onanuga.

‎According to the minister, the suspects were arrested last Thursday at the Katsina airport after returning from Mecca and were subsequently handed over to the Department of State Services.

‎He said the arrests were made possible through the integration of the National Identity Management Commission database with the Nigeria Immigration Service database and its connection to Interpol.

‎”I know, sometime ago, the Senate President was alarmed by how some terrorists went on pilgrimage, wondering how they crossed our borders. We inherited a fractured system.

‎”But I’m happy to tell you that even last week, Thursday, seven of the known commanders of Boko Haram and ISWAP at the point of coming back from Mecca were arrested in Katsina at the airport and were handed over to the DSS.

‎”This is only possible because NIMC’s ID is already connected with the immigration database, and it’s already speaking to even the Interpol 24/7, and we have been able to automate this,” the minister said.

Tinubu signs NIMC Act into law
‎Tunji-Ojo said the newly signed NIMC Act would further strengthen Nigeria’s security architecture by accelerating the harmonisation of identity databases and improving inter-agency collaboration.

‎According to him, the law will enhance the integrity of the National Identity Number system while boosting the country’s capacity to combat identity theft, terrorism, financial crimes and other security threats.

‎He said that before the current administration, identity management systems were fragmented, noting that services such as passport issuance and driver’s licence processing were disconnected from the national identity database.

‎”When Mr President came on board, we had a disconnected system within our identity data management system. At that time, getting a passport and getting a driving permit were completely disconnected from our identity database.

‎”But today, you can’t get a Nigerian passport without pulling data from NIMC,” he stated.

‎Tinubu signed the NIMC Act 2026 on Friday in the presence of Senate President Godswill Akpabio, Deputy Speaker of the House of Representatives Benjamin Kalu and other senior government officials.

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Ozekhome Ordered to Stop Using SAN Rank Amid Forgery Allegations

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Senior Advocate of Nigeria (SAN), Mike Ozekhome, has been barred by the Legal Practitioners’ Privileges Committee (LPPC) from further parading or referring to himself with that title pending the conclusion of ongoing disciplinary proceedings and other cases involving him.

“This action was taken pursuant to Paragraph 26(6) of the Guidelines for the Conferment of the Rank of Senior Advocate of Nigeria and All Matters Pertaining to the rank, pending the final determination of the disciplinary proceedings, presently before the Disciplinary and Ethics Sub-Committee of the LPPC and other proceedings.

“Accordingly, Chief Mike Ozekhome shall refrain from parading himself, presenting himself, or otherwise holding himself out as a Senior Advocate of Nigeria pending the final determination of the disciplinary proceedings,” the LPPC said in a statement issued on Wednesday evening by its Secretary, Kabir Akanbi.

Besides the “disciplinary proceedings” which the LPPC said are pending before its Disciplinary and Ethics Sub-Committee, Ozekhome and another defendant, Ponfa Useni, are currently being prosecuted before a High Court of the Federal Capital Territory (FCT) in Maitama.

Ozekhome and Useni are being prosecuted by the office of the Attorney General of the Federation (AGF) for, among others, allegedly forging documents, including an international passport and an irrevocable power of attorney, and engaging in impersonation to lay claim to a property in London allegedly acquired unlawfully by the late Jeremiah Useni, former Minister of the FCT.

Alleged forgery: Court AGF takes over Ozekhome’s case from ICPC
Fed Govt charges Ozekhome with forgery over UK property
The statement by Akanbi read, “The Legal Practitioners’ Privileges Committee (LPPC), at its 173rd general meeting held on 23rd June 2026, approved the suspension of Chief Mike Ozekhome, from the rank of Senior Advocate of Nigeria.

“This action was taken pursuant to Paragraph 26(6) of the Guidelines for the Conferment of the Rank of Senior Advocate of Nigeria and All Matters Pertaining to the rank, pending the final determination of the disciplinary proceedings, presently before the Disciplinary and Ethics Sub-Committee of the LPPC and other proceedings.

“The suspension is intended to safeguard the integrity, dignity, and prestige of the rank of Senior Advocate of Nigeria, while due consideration is given to the matters under review.

“Accordingly, Chief Mike Ozekhome shall refrain from parading himself, presenting himself, or otherwise holding himself out as a Senior Advocate of Nigeria pending the final determination of the disciplinary proceedings.

“The LPPC remains committed to upholding the highest standards of professional ethics, integrity, and discipline within the legal profession and to ensuring that the rank of Senior Advocate of Nigeria continues to command public confidence and respect.”

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