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N10m fraud : Court grants Lanre Smith N30m bail for defaulting his Old team mates of Island Football Club

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A Federal High Court sitting in Lagos on Tuesday granted N30m bail to a businessman, Lanre Smith, accused of N10m fraud.

Justice Ibrahim Kala granted the bail following a motion filed and argued by the defendant’s lawyer, Akin Apara.

Apara who pleaded with the court to admit the defendant to bail on liberal terms stated that Smith was still presumed innocent until otherwise proved.

The judge agreed with the defence’s submission and granted bail to the defendant in the sum of N30m, with two sureties in like sum.

Kala said one of the sureties must be a Grade Level 14 at a government establishment and second, must be a landed property owner within the court’s jurisdiction.

He also ordered that Smith should submit his passport with the court’s deputy chief registrar.

However, after granting the defendant bail, trial commenced and the prosecution counsel, Mike Enejere, called the first witness, Stephen Ogunlola, an operative of Interpol Section of Force CID Annex, Alagbon.

Ogunlola told the court that after the conclusion of investigation, findings emerged and that the nominal complainant and the defendant were old team mates from the defunct Island Football Club.

He said the defendant had approached the complainant for a foreign transaction, and that the complainant availed his Well Fargo Account in the US for the transfer of the forex funds.

The witness said, “That the bone of contention from our investigation was the transaction of $26,000 which the account of the nominal complainant is under investigation by the authority in US.”

Apara, who cross-examined Ogunlola, tendered a statement made by Ogunlola who had also testified as the first prosecution witness before Justice Ayokunle Faji, in the same case involving one Precious Usifo, where he had stated that the “culprit, Usifo Precious, residing in Benin has paid back the money. So, my investigation did not review anything wrong done by Mr Lanre Smith.”

Ogunlola also told the court that the defendant had in his statement of facts, stated that: “He met the nominal complainant, Okwudili Okeke, sometime in March 2014 in a football club in Lekki where they are both members.

“Okwudili Okeke sometime in 2016 approached him to help source for the sum of $40,000 or more. And that he had informed Okeke not to pay dollar equivalent until the dollars had been delivered.

“He approached one Mr. Ahmed Mukhaila who had informed him that the dollars were available for sale in the United States. And that he had informed Mukhaila that he will only accept cash from him so as to be certain that the funds were legitimately his.

“Mukhaila initially paid the sum of $20, 000 to Okwudili Okeke’s Wilok Wells Fargo account in the United States and provided him with the deposit slip showing the cash deposit which he then sent to Okeke,” the witness said.

The witness also told the court that Okeke paid the fair market value for the dollars to Pay Express, a company not operated by him (but the company that was introduced by Ahmed Mukhaila to him). This money was then forwarded to Mukhaila. And Mukhaila thereafter provided him with a deposit slip for $26,000.

According to him, upon seeing the said slip, Okeke noticed that it was not a cash deposit and he immediately called Mukhaila to express his displeasure and instructed that the same be recalled.

“Mukhaila thereafter put him on a conference call with some of his Bureau de Change colleagues who confirmed that the reason for the bankers’ cheque deposit was as a result of the volume of the money and that the bank will not accept cash deposit of the said volume.

“Okeke then insisted that Mukhaila and his colleagues should sign an agreement to the effect that the said money is legitimate and that they will indemnify Smith against any liability as a result of the funds.

“Interpol invited Mukhaila and his colleagues which include Awulu Hassan, Saidi Paki, Huzeni Taeeb, Adigure Chares, Elizabeth Aruoma and Anthony Ojo, who confirmed that they sold the $26,000 in question,” he said.

Smith was arraigned on January 30, 2024, before the court by the police. He is facing charges of alleged conspiracy and fraud preferred against him by the police.

The police prosecutor, Mr Mike Enejere, told the court that the defendant and others at large had sometime in August 2016, conspired among themselves and conducted a financial transaction which involved proceeds of unlawful activity.

However, the defendant, who is the founder of Grocedy Limited, pleaded not guilty to the charges.

The case has been adjourned till March 24, for continuation of trial.

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NDLEA Nabs KC Luxury, Busts Cocaine Trafficking Cartel in Lagos

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Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA
Social Media influencer, Afolabi Kazeem Michael, popularly known online as KC Luxury. Credit: NDLEA

The National Drug Law Enforcement Agency has dismantled an international cocaine trafficking cartel that allegedly used Nigeria as a transit hub for moving illicit drugs to the United Kingdom, other parts of Europe and Asia.

The agency also arrested the alleged Nigerian arrowhead of the syndicate, a self-styled luxury goods dealer and social media influencer, Afolabi Michael, popularly known online as “KC Luxury,” as he attempted to flee the country.

A statement by the agency spokesman, Femi Babafemi, on Tuesday, said the Chairman and Chief Executive Officer of the NDLEA, Brig. Gen. Mohamed Marwa (retd.), disclosed this while addressing journalists in Lagos on Tuesday.

Marwa described the operation as one of the most significant narcotics investigations undertaken by the agency in recent times, saying it led to the seizure of 184.50kg of cocaine, the largest cocaine seizure made through a courier company in Nigeria.

According to him, the operation began with the interception of the cocaine consignment concealed for onward export through a courier logistics channel in Lagos.

He said following the seizure, he directed the constitution of a Special Investigation Team to trace the entire network behind the shipment, from the couriers to the masterminds.

Marwa said the cartel hoped to realise as much as N39bn from the consignment through its international distribution network.

“The operation began with the interception of a consignment of 184.50 kilograms of cocaine concealed for onward export through a courier logistics channel in Lagos. Given the scale of the seizure.

“I immediately directed the constitution of a Special Investigation Team, with a mandate to trace the entire network behind the shipment, from the couriers to the masterminds.

“The cartel was hoping to realise as much as N39 billion from the consignment through their international distribution network, ” the statement quoted Marwa as saying.

Working with the management of the courier company involved, Marwa said NDLEA operatives unravelled a network of intermediary companies and individuals used to process the consignment, leading to the arrest of two key suspects, among others.

“The first, Lawal Mujab Kehinde, a staff member of the logistics firm through which the cocaine was processed, was found to have a direct and sustained relationship with the cartel’s Nigerian coordinator. Investigation also established that he packages and processes consignments for the syndicate, routes them to the United Kingdom, other parts of Europe and Asia, while he was paid in cash.

“The second and more prominent suspect is Afolabi Kazeem Michael, popularly known online as “KC Luxury,” whom investigations identified as the Nigerian arrowhead of the cartel. Parading as a social media influencer and businessman dealing in gold, jewellery, and luxury goods, Afolabi used his glamorous public image to disguise a criminal enterprise moving cocaine along a pipeline stretching from South America, through Nigeria, to the United Kingdom, other parts of Europe and Asia,” Marwa said.

Marwa said Afolabi was arrested at the boarding gate of the Murtala Muhammed International Airport, Lagos, on August 13, 2026, after intelligence indicated that he planned to flee the country on a business-class flight to Paris.

He said the suspect was found in possession of €7,750, £2,800 and N100,000 cash, as well as expensive jewellery.

A subsequent search of his luxury apartment on Banana Island, Ikoyi, Lagos, also led to the recovery of exotic vehicles, according to the NDLEA boss.

Marwa said investigations further showed that the cartel used false identities to conceal the true consignors of its shipments and relied on financial facilitators who moved billions of naira on its behalf.

He added that the syndicate maintained criminal contacts in the UK, some of whom had been arrested by British authorities in connection with the same cartel.

The NDLEA boss linked the operation to recent successes against transnational drug networks, including the dismantling of the Switzerland-based Simon Amadi drug cartel, which allegedly laundered millions of dollars through dark web marketplaces, as well as the takedown of two Nigerian-Mexican methamphetamine syndicates operating clandestine laboratories in forests in Ogun and Oyo states.

Marwa said the latest operation demonstrated that drug traffickers could no longer hide behind luxury lifestyles, forests, ports or courier companies.

“These operations send an unmistakable signal that this Agency’s reach extends into the ports, the forests, the luxury apartments, and the departure lounges alike, and that no sanctuary exists anywhere in Nigeria for those who traffic in poison,” he said.

He noted that drug trafficking organisations had recently shifted from seaports and airports, where scrutiny had intensified, to courier and logistics companies, which they allegedly considered less monitored channels for moving narcotics across international borders.

Marwa said the dismantling of the cartel, from the interception of the cocaine consignment to the arrest of its alleged Nigerian coordinator, demonstrated the agency’s capacity to detect traffickers wherever they operated.

“There is no alternative route into or out of Nigeria for illicit drugs that this Agency cannot police,” he stated.

The NDLEA chief also described the operation as a product of international cooperation, noting the near-simultaneous arrests of suspected cartel members in Nigeria and the UK.

He commended the agency’s international partners and members of the Special Investigation Team, coordinated by the Director of Operations and General Investigation, for their professionalism in unravelling the syndicate.

Marwa warned individuals who use luxury brands, glamorous lifestyles and social media personas to conceal drug trafficking activities that the agency would track them down.

“To those who believe they can hide behind luxury brands, glamorous lifestyles, and social media personas while trafficking poison into our communities and across our borders, this Agency will find you,” he said.

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BREAKING: Adeleke Cruises to Victory in 19 LGAs, AMBO Takes 11 in Osun Election

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Results from the 30 local government areas in the 2026 Osun State governorship election show that Governor Ademola Adeleke of the Accord Party (AP) recorded victories in 19 councils, ahead of the All Progressives Congress (APC) candidate, Asiwaju Munirudeen Bola Oyebamiji (AMBO), who won 11 local government areas.

The local government results indicate that Adeleke polled a cumulative 511,067 votes, while Oyebamiji secured 444,815 votes across the state.

The African Democratic Congress (ADC) candidate, Najeem Salaam, garnered 17,180 votes from the 30 local government areas.

Adeleke won Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade, Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade and Ejigbo local government areas.

Oyebamiji emerged victorious in Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South and Olorunda local government areas.

Based on the collated local government results, Adeleke leads with victories in 19 of the state’s 30 local government areas, while the APC candidate secured 11 councils.

Accord won 19 out of the 30 LGAs: (Boluwaduro, Ede South, Ife North, Ilesa West, Ifedayo, Ife Central, Orolu, Osogbo, Oriade,
Odo-Otin, Ife East, Ifelodun, Iwo, Ede North, Ila, Aiyedire, Egbedore, Aiyedaade, Ejigbo)

APC won the remaining 11 LGAs (Ilesa East, Boripe, Irepodun, Obokun, Atakunmosa West, Irewole, Atakunmosa East, Isokan, Ola Oluwa, Ife South, Olorunda).

Here are the Osun 2026 Governorship Election Results of the 30 LGAs: GeographicReference

Boluwaduro LG

Accord: 7,118 votes
APC: 7,050 votes
ADC: 179 votes

Ede South LG

Accord: 26,188 votes
APC: 6,219 votes
ADC: 390 votes

Ife North LG

Accord: 13,879 votes
APC: 9,613 votes
ADC: 333 votes

Ilesa West LG

Accord: 16,196 votes
APC: 12,756 votes
ADC: 673 votes

Ifedayo LG

Accord: 7,427 votes
APC: 6,836 votes
ADC: 115 votes

Ilesa East LG

APC: 16,208 votes
Accord: 12,280 votes
ADC: 504 votes

Ife Central LG

Accord: 21,171 votes
APC: 15,913 votes
ADC: 747 votes

Boripe LG

APC: 19,963 votes
Accord: 12,448 votes
ADC: 379 votes

Irepodun LG

APC: 15,713 votes
Accord: 14,504 votes
ADC: 249 votes

Obokun LG

APC: 16,120 votes
Accord: 12,023 votes
ADC: 205 votes

Orolu LG

Accord: 12,352 votes
APC: 10,622 votes
ADC: 236 votes

Osogbo LG

Accord: 36,480 votes
APC: 30,474 votes
ADC: 1,503 votes

Oriade LG

Accord: 21,343 votes
APC: 14,863 votes
ADC: 423 votes

Odo-Otin LG

Accord: 18,003 votes
APC: 15,435 votes
ADC: 377 votes

Ife East LG

Accord: 27,201 votes
APC: 18,600 votes
ADC: 935 votes

Ifelodun LG

Accord: 21,107 votes
APC: 18,396 votes
ADC: 509 votes

Atakunmosa West LG

APC: 10,037 votes
Accord: 7,479 votes
ADC: 213 votes

Iwo LG

Accord: 27,085 votes
APC: 19,660 votes
ADC: 588 votes

Ede North LG

Accord: 35,427 votes
APC: 10,283 votes
ADC: 307 votes

Ila LG

Accord: 16,211 votes
APC: 12,934 votes
ADC: 259 votes

Irewole LG

APC: 29,972
Accord: 10,934 votes
ADC: 275 votes

Aiyedire LG

Accord: 11,073 votes
APC: 9,910 votes
ADC: 148 votes

Atakunmosa East LG

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APC: 9,936
Accord: 7,872 votes
ADC: 333 votes

Egbedore LG

Accord: 19,278 votes
APC: 11,194 votes
ADC: 363 votes

Aiyedaade LG

Accord: 16,681 votes
APC: 15,719 votes
ADC: 331 votes

Isokan LG

APC: 14,063 votes
Accord: 13,765 votes
ADC: 384 votes

Ola Oluwa LG

APC: 10,782 votes
Accord: 10,063 votes
ADC: 213 votes

Ife South

APC: 14,678 votes
Accord: 13,507 votes
ADC: 290 votes

Ejigbo LG

Accord: 18,458 votes
APC: 16,195 votes
ADC: 5,053 votes

Olorunda LG

APC: 24,671 votes
Accord: 23,514 votes
ADC: 666 votes.

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Gbajabiamila to Head Five Governors, Others at Nigeria–Canada Conference

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President Bola Tinubu has approved a Federal Government delegation led by his Chief of Staff, Femi Gbajabiamila, to represent Nigeria at the maiden Nigeria Diaspora Investment Economic Conference in Toronto, Canada.

The delegation includes Borno State Governor Babagana Zulum, Anambra State Governor Chukwuma Soludo, Kaduna State Governor Uba Sani, Plateau State Governor Caleb Mutfwang and Zamfara State Governor Dauda Lawal.

The conference, themed “Invest Nigeria, Thrive Abroad,” is scheduled to hold from August 12 to 15 in Toronto.

The development was announced in a statement issued by Nigerians in Diaspora Commission, on X on Friday.

According to the statement, members of the delegation also include the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu; Minister of Industry, Trade and Investment, Jumoke Oduwole; and Minister of Interior, Olubunmi Tunji-Ojo.

Representatives of the Central Bank of Nigeria, Nigeria Customs Service, Nigeria Immigration Service, Nigeria Revenue Service, Nigeria Investment Promotion Commission, Nigeria Export Promotion Council and the National Information Technology Development Agency are also expected to participate.

The statement said Canadian officials expected at the conference include President of the Treasury Board of Canada, Shafqat Ali; Ontario Minister of Citizenship and Multiculturalism, Graham McGregor; Ontario lawmaker Deepak Anand; Brampton Mayor Patrick Brown; Councillor Rod Power; and Ontario Minister of Women and Economic Opportunities, Charmaine Williams.

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Quoting the Chairman/Chief Executive Officer of NiDCOM, Abike Dabiri-Erewa, the statement said, “The calibre of officials attending the conference demonstrates President Tinubu’s commitment to strengthening economic cooperation between Nigeria and Canada through trade, investment and diaspora engagement.”

It further quoted Dabiri-Erewa as saying the event “is more than a conference” and is designed as “an outcome-driven investment platform” that will connect international investors with “investment-ready” opportunities across key sectors of Nigeria’s economy while strengthening bilateral economic relations between the two countries.

According to the statement, the conference is being organised by NiDCOM in collaboration with the Nigerian High Commission in Ottawa, the Canadian High Commission in Abuja and other stakeholders.

It said discussions will focus on agriculture, technology, manufacturing, infrastructure, energy, healthcare and the digital economy.

Newsthumb reports that the Nigeria Diaspora Investment Economic Conference is the first investment-focused forum organised by the Federal Government through NiDCOM to promote economic partnerships between Nigeria and its diaspora community.

According to the World Bank, Nigeria is one of Africa’s largest recipients of diaspora remittances, with annual inflows amounting to billions of dollars.

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