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EFCC Arraigns Pharmaceutical Firm Boss For ₦55million Fraud As Lagos Judge Orders Remand

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Nwawuzor and his company, Moonlink Pharmaceuticals Limited, were docked on a three-count charge bordering on fraud and laundering of proceeds believed to be derived from criminal activity on Wednesday, December 3, 2025,....TAP TO CONTINUE READING

The Economic and Financial Crimes Commission (EFCC) has arraigned one Gabriel Celestine Nwawuzor, the Managing Director of Moonlink Pharmaceuticals Limited, before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, over alleged involvement in a ₦55 million money laundering scheme.

Nwawuzor and his company, Moonlink Pharmaceuticals Limited, were docked on a three-count charge bordering on fraud and laundering of proceeds believed to be derived from criminal activity on Wednesday, December 3, 2025,

The anti-graft agency accused the pharmaceutical executive of diverting and concealing the sum of ₦55,000,000 (Fifty-Five Million Naira) in April 2021 through a Zenith Bank account, before allegedly channeling the funds into the acquisition of a property in Delta State.

One of the counts reads: “That you, Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited, sometime in April 2021, in Lagos, within the jurisdiction of this Honourable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of ₦55,000,000.00 (Fifty-Five Million Naira), which sum you knew forms part of the proceeds of your unlawful act, and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

Another count accused the defendant of channeling the money to a real estate purchase to conceal its source: “That you, Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited, sometime in April 2021, in Lagos, within the jurisdiction of this Honourable Court, indirectly disguised the origin of the sum of ₦55,000,000.00 (Fifty-Five Million Naira) to the purchase of a property located at No. 23, Okenwa Okolo Street, Opana, Asaba, Delta State, which sum you knew forms part of the proceeds of your unlawful act, and you thereby committed an offence contrary to Section 18(2)(a) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

The defendant, however, pleaded not guilty to all the charges.

Following the plea, EFCC counsel, S.I. Suleiman urged the court to fix trial dates and order the immediate remand of the defendant in a correctional facility pending trial. Suleiman argued that the gravity of the offence and the alleged deliberate concealment of illicit funds warranted strict custodial restraint.

But Nwawuzor’s defence counsel countered, moving an oral bail application and pleading with the court to grant his client bail on “liberal and reasonable terms,” insisting that the accused would not jump bail and had credible sureties prepared to stand for him.

Justice Osiagor ruled in favour of bail but imposed stringent conditions. He granted Nwawuzor bail in the sum of ₦100 million, with two sureties in like sum. The sureties must be property owners within the court’s jurisdiction and must present verified tax records and sworn affidavits of means.

Despite the bail ruling, the court ordered that Nwawuzor be remanded at the Nigerian Correctional Service (NCoS) pending full compliance with the bail conditions. Prison officials immediately took custody of him following the adjournment.

The matter was subsequently adjourned to March 11 and 12, 2026 for commencement of trial.

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JUST IN: Popular Cleric Reveals Reason Why Politicians Visit Top General Overseers

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The Presiding Pastor of Livingspring Chapel International, Femi Emmanuel, says many politicians seek meetings with popular General Overseers not for spiritual purposes but to secure the support of their large congregations.....TAP TO CONTINUE READING

Speaking with journalists on Saturday in Ibadan, the Oyo State capital, Emmanuel said politicians often value the electoral influence of religious leaders over their spiritual guidance.

“When politicians visit popular General Overseers, they come mainly for political reasons, to get their members to vote for them,” he said. “I tell my congregation all the time: it’s your votes they’re after. And when they say, ‘Dad, pray for me,’ Dad will pray, but Dad can’t change anything. Politicians only listen to those who help them win their primaries.”

The cleric urged Nigerians to understand the political system better, stressing that critical decisions are made at the grassroots by people who often lack the capacity for such responsibilities.

“I want Nigerians to listen. Good Nigerians don’t attend ward meetings, we are too sophisticated. But if you attend ward meetings, you will cry. People fight over ₦1,000 sent to them, yet these are the people who choose delegates. Delegates determine candidates, and candidates determine leaders. If you don’t have delegates, you can’t have candidates,” he said.

Emmanuel also called on the President Bola Tinubu-led Federal Government to be more focused and prioritise national security.

“You are bold and courageous, but you have found yourself in a very difficult situation,” he said, addressing the president. “He didn’t start this terrorism, but he must ensure that peace returns to every part of Nigeria.”

He argued that returning Nigeria to a regional system of government would resolve most of the country’s challenges.

“Our problem will be 90 per cent solved if we return to regional government. If we don’t, the problem will persist and may worsen,” he warned.

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Former Attorney-General of the Federation (AGF) To Buhari, Malami Denies Link To Terrorism Financing

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A former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has vehemently rejected allegations linking him to terrorism financing, following a report by SaharaReporters that named him among Nigerians allegedly connected to terror financiers.....TAP TO CONTINUE READING

The report, published on Friday, claimed that two suspects arrested in a counter-terrorism investigation were “linked to” Malami and other prominent Nigerians.

In a statement shared on his Facebook page, Malami, a Senior Advocate of Nigeria (SAN), denied any involvement in terrorism financing. He emphasised that neither Nigerian nor international agencies have ever accused, investigated, or charged him in connection with terrorism financing.

“The retired military officer cited as the principal source did not accuse me of any wrongdoing,” Malami said, clarifying that the report misrepresented his role.

While Malami was never personally accused of any terrorism-related activities, his role during the Muhammadu Buhari administration has come under scrutiny. His tenure as AGF was marked by criticism over the government’s alleged concealment of the identities of high-profile terrorism financiers.

In May 2021, Malami publicly announced that investigations had revealed the involvement of many highly placed Nigerians and businessmen in terrorism financing. He assured the public that these financiers were being profiled for prosecution.

“We shall certainly and aggressively pursue those people that are involved in terrorist financing as far as the Nigerian State is concerned,” Malami had said.

However, despite these assurances, the identities of the suspects remained undisclosed, and the promised prosecutions were not publicly known to have taken place before the administration ended in May 2023.
Malami’s EFCC Questioning And Denial Of Mismanagement Claims

The allegations against Malami come amidst reports of his recent questioning by the Economic and Financial Crimes Commission (EFCC) over alleged mismanagement of national funds, including portions of the Abacha loot.

Malami was invited for questioning on November 28, 2025, and was later released on administrative bail. He denied the allegations and has not been charged with any crime related to the EFCC investigation.

In defense of his record, Malami pointed to his role in strengthening Nigeria’s anti-money laundering (AML) and counter-terrorism financing (CFT) framework during his tenure.

He highlighted his involvement in the passage and implementation of the Terrorism (Prevention and Prohibition) Act, 2022, which he said bolstered Nigeria’s legal regime against terrorism and updated penalties for terrorism-related offenses.

“These reforms were later assessed by the Financial Action Task Force (FATF) and contributed to Nigeria’s removal from the FATF ‘grey list’ of jurisdictions under increased monitoring,” Malami stated, stressing that the reforms confirmed Nigeria’s compliance with global AML/CFT standards.

Malami urged media outlets to engage in responsible reporting on national security issues, reiterating his commitment to the rule of law and justice. He expressed concern over the potential damage caused by such allegations, stressing that his engagement with various stakeholders in his public capacity does not imply criminal involvement.

“Independent international evaluations of that nature are entirely inconsistent with any suggestion that those leading such reforms were, at the same time, colluding with or protecting terror financiers,” he stated.

The former AGF concluded by urging the media to avoid damaging reputations and undermining public confidence in state institutions.

He reaffirmed his dedication to strengthening Nigeria’s justice and security institutions, emphasizing that any engagement with stakeholders during his time in office was in line with his duties and did not suggest criminality.

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‘Where are our wives?’- Husbands of kidnapped Defence Ministry directors cry after N60m ransom

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The first thing that captures one’s sight in the Emeribe family sitting room in Festac Town is a photograph on the wall. It shows Mrs. Chinwe Emeribe in her University of Lagos graduation gown. Her smile is calm, gentle, and full of hope, a quiet pride captured in the frame. But today, that composed smile feels like a question suspended in the air, since she was kidnapped on November 9, 2025, along with five colleagues, all teachers and Assistant Directors of the Ministry of Defence attached to Command Secondary School, Ojo.....TAP TO CONTINUE READING

False news of release

In the days following the abduction, reports filtered through the media claiming that all six women had been released. But for the husbands, they described the news as cruelly false.

“I saw it on television” Chinwe’s husband, Nnamdi Emeribe said, shaking his head. “I called everywhere to verify. My wife and Mrs. Juliana Onwuzurike were still missing. That report was not true.”

For Chibuikem, his heart sank the moment he learned the truth. “When I finally got confirmation, it was worse than the uncertainty itself. Four women were released, yes. But my loving wife Juliana was not among them. My wife is still in captivity,” he said in a trembling voice.
The last words that haunt them

For Nnamdi Emeribe, the memory of his last conversation with his wife is seared into his mind. He recalled: “I was the one who took her to the bus terminal at First Gate, Festac, where they boarded a vehicle owned by AndyLiz Motors Limited. She paid N35,500 for her ticket. The bus left by 7:46 a.m. I called her one hour later to remind her to take her morning medication because she was not feeling well. She had a fever.

“By 1:30 p.m., I called again, and she said they were at Akure. I reminded her to take her afternoon medicine; she assured me she would. I asked if she had eaten the food she took from home. She said she would eat it and that they bought cooked corn. That was the last normal conversation I had with her.

“By 4 p.m., I called again to check how the journey was progressing, but both her lines were unreachable. One phone was switched off, and the other rang intermittently without anyone picking. I kept calling from 4 p.m. till 6 p.m. with no response. By nightfall, I was deeply disturbed.

“Her aunty also called, asking if I had heard from her. I stayed awake all night. I knew something was wrong. I called again at 1 a.m., 2 a.m., 3 a.m., and 5 a.m., yet still no response.”

“When I went to AndyLiz Park by 7 a.m. to ask if anything had happened to their vehicle. The ticket clerk could barely speak; she just stared at me. She explained that the bus’s movement was monitored until 8 p.m., but there was no update. Then around 11 p.m., news came that the passengers had been kidnapped in Kabba, Kogi State. Tears ran down my cheeks; I couldn’t hold myself.

“When I went to meet the company’s Director, he told us he had heard about the matter and was on it. He said the Commandant of the Command Secondary School, the Chief of Army Staff, and even the Inspector-General of Police were aware. I asked why none of the families had been contacted, and he said they could not call anyone. I asked what then was the use of having next-of-kin information if it would not be used.

“Before we left the Director’s office, my phone rang. I picked up, and the voice I heard was my wife’s, very faint. She told me they were demanding N100 million as ransom. I wanted to tell her to hold on, but they snatched the phone from her. Then it rang again, and she said the ransom was now N150 million. I could not speak to her, and the phone was switched off. I was helpless.

“I met other husbands of the kidnapped women at the park. We were later told by the transport company that the kidnappers had reduced the amount to N60 million. This was to be shared among the six women, the driver of the bus, who was also kidnapped, a boy of about 17 years old, who is a half-caste, another boy, and about five Ghanaians who were also in the vehicle.

“Altogether, there were 14 passengers and the driver.

“We pleaded with the owner to pay the money first and allow us to reimburse him, because we were desperate to get our wives back. But he said he would pay N15 million, while we shared the rest among ourselves. When we contacted the Ghana High Commission, it said it would not pay ransom.”
Where is mummy? – Children demand

Amid the endless waiting and uncertainty, Mr. Nnamdi Emeribe’s heart aches not only for his missing wife but also for their twin children, who are left to grapple with the fear and absence of their mother. He said they turned nine years old on Wednesday, November 26, 2025, a day that should have been filled with laughter, now overshadowed by an unbearable question.

Our children just turned nine on Wednesday. It was supposed to be a joyful day, but the house was heavy with silence. They kept asking me, over and over, ‘When will mummy come back?’ Each question felt like a knife through my heart. I had no answer. I had nothing to tell them but to hold them close and pray silently that she would return safely,” he stated in tears.

For Mr. Chibuikem Onwuzurike, whose wife, Mrs. Juliana Onyekachi Onwuzuruike, is also still in captivity, he said his wife told him to sell their house and cars to raise money for the ransom because of the excruciating pain from the torture.

According to him, “I spoke with my wife three times before the ransom was made. She was putting pressure for the money to come out. The kidnappers were the ones that called with a different numbers, and they would edit what she would say.

“The first call I heard from her was that they had been kidnapped. The second one was that I should sell anything sellable to come remove her from there so that she wouldn’t die. I told her, ‘You won’t die.’ The third was Friday, November 14, when we were taking the money.

“One of the captors collected the phone and said, ‘Oga, are you sure that you are bringing the money tomorrow?’ I said yes and asked where I should drop it. He said I should take it to the transporter company; they would be the ones to bring the money to them. Since then, I have not heard from her.
Ransom paid

“For my wife’s ransom alone, I paid “5,625,000. Then we all paid N804,000 each again when they insisted we must pay also for a deportee from Dubai who was kidnapped along with them. Andy, the transport owner and negotiator, told us that the kidnappers instructed that no other person or vehicle should bring the money except Andy’s vehicle.

“They also threatened to kill the driver if the money was not complete or if there was counterfeit. We added an additional N3,000 to avoid any shortage. The ransom of N60 million was packed in six bags of N10 million each.”
The return

That Monday, November 17, 2025, on the day the kidnapped women were to return, both Mr. Emeribe and Mr. Onwuzurike, along with a few other families, gathered at the transport park from as early as 12 noon, hoping and praying for the safe return of their wives. The hours crawled by slowly, each tick of the clock deepening their anxiety. When the bus finally arrived around 5 p.m., hearts pounding with anticipation, they rushed to the doors, only to be met with an empty vehicle.

Recalling that shattering moment, Onwuzuruike said, “My wife was not in the vehicle that arrived. ‘Where are our wives? Where are the women?’ I asked. But the driver said only four out of the six women were released to him.”
Hopeless state

One of the most harrowing details that emerged from the interviews was that one of the kidnapped women, in the grip of pain and exhaustion, had been abandoned by the kidnappers because she could no longer walk, complaining of severe knee pain.

The husbands described a sense of helplessness that has only deepened since paying the ransom.

“We gave them everything they asked for, followed every instruction, and yet our wives are still not back,” Mr. Emeribe recounted, his voice heavy with despair.

Days have turned into weeks, and silence has been their constant companion, not only from the kidnappers but also from their employers at the Ministry of Defence and the Army, where the women worked. No call, no message, no attempt to coordinate or reassure the families has come from those who should have been their first line of support, according to the devastated husbands.

To worsen the case, Mr. Emeribe alleged, “They didn’t even give a dime as transport fare for the journey my wife embarked on. We had to source our own money for transport because it was a promotional examination. Even to pay the ransom, nobody from the Ministry of Defence or the Army assisted. We were on our own.”

Since the day they brought back the four women and other passengers, excluding their wives, they said they had not seen Andy, the transporter, adding that “If you call his number, it will not respond. We have gone to the Festac Police Division to report.”

The void of communication has left them in a limbo of anxiety and despair, wondering if their loved ones will ever return.

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