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Osinbajo’s firm linked to company fingered in alleged N100bn Alpha Beta scam

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A company in which Vice-President Yemi Osinbajo has a stake, Simmons Coopers Partners, has been linked to another firm, Ocean Trust Limited, which was fingered in an alleged N100bn scam involving Alpha Beta Consulting Limited and Alpha Beta LP.

Ocean Trust Limited, which was accused of being a conduit for diversion and laundering of funds by Alpha Beta, listed Simmons Coopers as its company secretary, documents exclusively obtained from the Corporate Affairs Commission by Saturday PUNCH showed.

Simmons Coopers was listed as a company in which Prof Yemi Osinbajo (now Vice-President) had a stake in his asset declaration form in 2015, according to the statement by the Senior Special Assistant to the President on Media and Publicity, Garba Shehu.

In a petition submitted to the Economic and Financial Crimes Commission in  July 2018, Dapo Apara, the erstwhile managing director of Alpha Beta, had alleged that Alpha Beta owed the Federal Government N100bn in unpaid taxes spanning over 10 years, adding that the firm usually laundered funds through another firm, Ocean Trust Limited.

He alleged that the firm was being protected by powerful politicians.

The petition by Apara’s lawyer, Adetunji Adegboyega, read in part, “Over the years, the company (Alpha Beta) has been protected and shielded by some powerful politicians and people in the society which made them to always boast of being untouchable.

“But our client, feeling the need not to keep quiet again and strengthened by his belief in the fact that the government of President Muhammadu Buhari is keen on fighting corruption which has been the bane of our country, is of the firm view that it is time to expose and open the can of worms called Alpha Beta Consulting.

“Our client is of the firm belief that it is time for the commission to step in and conduct a holistic investigation into the activities of Alpha Beta Consulting Limited and Alpha Beta LLP with a view to uncovering the massive corruption, money laundering, tax evasion, etc., going on in the company.

“Kindly note that one of the companies being used to perpetrate money laundering by the company is still another company named Ocean Trust Limited.”

Osinbajo’s reaction

When contacted on the relationship between Osinbajo’s firm, Simmons Coopers and Ocean Trust, the Senior Special Assistant to the Vice-President on Media, Mr Laolu Akande, said he would not comment on the matter unless Saturday PUNCH showed him the document indicating Simmons Coopers was Ocean Trust’s company secretary.

But, a source close to Osinbajo told Saturday PUNCH that “the Vice President has since 2014 left the firm. There is no interest there anymore.”

The source added, “And I think you should talk to the EFCC about its own decisions. It does not make sense that the EFCC will say it is not prosecuting or, as you say, investigating or probing (the allegations) because of what you claimed.”

However, Osinbajo in 2015 listed Simmons Coopers as one of his companies in his asset declaration form.

Where is Ocean Trust?

Saturday PUNCH, which investigated Ocean Trust Limited for three months, conducted a search at the Corporate Affairs Commission.

It was noted during a CAC search that the firm was registered with number 419706 on January 5, 2011, and is located at 684, Idowu Taylor Street, Victoria Island, Lagos and had Gboyega Iyiola and Kunle Akinniyi as shareholders at the inception both of whom relinquished their shares two days later on January 7, 2011.

Incidentally, the property where Ocean Trust Limited is located shares the same address with the office of former Governor Bola Tinubu of Lagos State known as ‘Freedom House’.

All efforts to contact Ocean Trust Limited proved futile as investigations by Saturday PUNCH showed that the company might no longer be in operation.

Also, attempts to speak with its management turned out to be a wild goose chase.

When one of our correspondents visited the company’s address at the Freedom House, Plot 684, Idowu Taylor Street, a fair-complexioned lady, who said she was an employee of Ocean Trust Limited, told Saturday PUNCH that the company was no longer located there.

When asked if it was true that the firm was being used to launder funds for Alpha Beta, the lady, who refused to identify herself, asked our correspondent to send an email which she would forward to her boss.

Over three weeks after one of our correspondents sent her an email, a response was still being awaited as of the time of filing this report on Friday.

A visit to Ocean Trust’s second listed address at 42 Norman Williams Avenue, Ikoyi, Lagos yielded no positive result as the compound looked deserted having been overtaken by weeds.

Saturday PUNCH met with a lady, who simply gave her name as Blessing, and confirmed that the place was being used by Ocean Trust. She, however, said she could not speak on any issue as the place was only a correspondence office.

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‘If You Want It Dirty, You’ll Get It Dirty’, Benue Diaspora DG Escalates Threat Against National Record Reporter

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National Record Reporter vs Benue State Government

The Editor-in-Chief of National Record, Iduh L. Onah, has raised alarm over what he described as ‘grave threats’ issued against one of the online newspaper’s reporters, Mr. Amos Aar, by the Director-General of the Benue State Directorate of Diaspora Linkages and Investments, Professor Abraham Tartenger Girgih.

In a letter dated June 25, 2025, addressed to Prof. Girgih and made available to the press, National Record condemned what it called “unwarranted threats” following the publication of a report on the funding challenges being faced by the Directorate under the DG’s leadership since its formation in 2024.

According to Onah, while the publication welcomes robust engagement in the form of rejoinders on stories perceived to contain among other things misinformation, misrepresentation or distortion, no one has the right to issue threats.

“While it is within your right to respond to perceived misinformation or misrepresentation and distortion or outright fabrication, in any publication, it is, however, beyond that right to issue a threat as grave as “dire consequences”, Onah stated.

The Editor-in-Chief further noted that the situation escalated after the publication of a follow-up report when Prof. Girgih called the correspondent and made what the paper considers to be a further threat.

“After the publication of the threat and other claims in your rejoinder, you again went ahead to issue what we deemed to be further grave threat when you stated: “…if you want it dirty, you will get it dirty”, among other words perceived as veiled threat, in a telephone conversation you had with our correspondent shortly after you may have read our follow-up report,” stated the Editor-in-Chief.

The management of National Record expressed deep concern for the safety of its correspondent and other staff, especially given the hostile tone of Prof. Girgih in his conversation with the reporter.

The media organization said it is taking steps to notify security agencies, the Benue State Government, and professional journalism bodies about the threats, while also demanding a written assurance from Prof. Girgih that no harm will befall Mr. Aar or any member of the newspaper’s staff.

“We demand from you a written assurance of Mr Aar’s safety from harm and that of our other staff, and a further commitment to desist from harassing, heckling, intimidating or bullying us in whatever manner,” Onah wrote.

While no official response had been received from Prof. Girgih as at press time, National Record expressed hope for civility going forward and reiterated its commitment to its constitutional mandate as a stakeholder in the Fourth Estate of the Realm.

The letter reads in full:

Professor Abaham Tartenger Girgih

The Director-General   

Directorate of Diaspora Linkages and investments

Makurdi, Benue State.

Dear Prof. Girgih;

THREATS ON OUR PERSONNEL AND ORGANISATION

On behalf of the Management of Contest Communications Limited, publishers of National Record, I bring you warm fraternal greetings.

We wish to express our dismay and concern over your threat on our Benue State Correspondent, Mr Amos Aar, in particular, and generally, our entire organisation, as contained in your rejoinder to a report we had published on challenges being faced by the agency which you head.

While it is within your right to respond to perceived misinformation or misrepresentation and distortion or outright fabrication, in any publication, it is, however, beyond that right to issue a threat as grave as “dire consequences”.

After the publication of the threat and other claims in your rejoinder, you again went ahead to issue what we deemed to be further grave threat when you stated: “…if you want it dirty, you will get it dirty”, among other words perceived as veiled threat, in a telephone conversation you had with our correspondent shortly after you may have read our follow-up report.

While we intend to take steps to formally note these threats before the appropriate security agencies, the Benue State Government under which you are serving, as well as our professional organisations nationally; we wish to inform you that the life of our Benue State Correspondent, Amos Aar, and our entire personnel, remains insecure in the context of your threats.

In that regard, we demand from you a written assurance of Mr Aar’s safety from harm and that of our other staff, and a further commitment to desist from harassing, heckling, intimidating or bullying us in whatever manner from carrying out our constitutional mandate as key stakeholders in the Fourth Estate of the Realm.

As we look forward to relating with you in formal, civilised manner, and prompt action on our demands, please, accept the assurances of our esteemed regards.

Iduh L. Onah

Editor-in-Chief

National Record (https://nationalrecord.com.ng)

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Gov Mbah Inaugurates Committee to End Gender-Based Violence in Enugu

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The Enugu State government has inaugurated a steering committee to eliminate Gender-Based Violence, GBV, in the state, declaring zero tolerance for the social malaise.

The inauguration took place at the Government House Enugu.

The panel, which is chaired by the Commissioner for Children, Gender Affairs and Social Development, Mrs. Ngozi Enih, draws its membership from the Nigeria Police Force, Ministry of Agriculture and Agro Industrialisation, Ministry of Local Government, Rural Development and Chieftaincy Affairs, Ministry of Human Development and Poverty Reduction, Ministry of Trade, Investment and Industry, Ministry of Justice, Ministry of Health, Ministry of Education as well as the Civil Society.

Inaugurating the panel known as the Steering Committee for Strengthening Institutional and Community Responses to End Gender-Based Violence/Domestication of Enugu State Gender Policy using the Oputa Panel approach, Governor Peter Mbah restated his administration’s commitment to not bringing perpetrators of GBV to book, but also putting in place proactive measures – activities, infrastructure, and systems in place to prevent them.

Mbah, who was represented by the Secretary to the State Government, Prof. Chidiebere Onyia, said, “We take gender-based violence seriously. We have zero tolerance for it, and in Enugu State, we are ready to go the extra mile to deal with it.

“If you notice, the government has selected people that are very committed to this goal. This is not an activity where we just want to check-off the list. We will track this. We will monitor this, and we will have quarterly engagements on the successes that this particular committee has achieved in terms of reference that we are going to send.

“We will tighten those terms of reference indicators, so that we monitor what we are doing both in terms of cost input and the value added. It’s very important to us. Many people will be involved – civil society, the police and various ministries.”

He however, said that the effort was to protect everyone, men and women alike, as GBV was not restricted to any gender.

“The whole idea is to hold people responsible that are involved in matters relating to gender violence and deter people that by culture or by association get involved in that, protect women, protect our children, and in the case of violence against men, protect our men because most times we misconstrue gender violence to mean women, but it can also be men too.

“We encourage our men to speak out and to make sure they understand that the policy that Enugu State is soon going to domesticate is for everyone, and not only for the female gender,” he stated.

In her remark, Mrs. Enih, explained that the Oputa Panel approach was inspired by the need to cover all local peculiarities in domesticating the policy on GBV, restarting government’s confidence in the members of the panel.

“The approach we are going to use is the Oputa Panel approach, and in the Oputa Panel approach, we are going to tour the 17 Local Government Areas to get firsthand information about what our people are going through because policy is meant for the people, and a policy should suit the people.

“Again, every community has its peculiar problems, so that’s why the government decided that if we have to domesticate the gender policy, we have to hear from the people who own the policy and know the changes that they desire to see. That is the reason we are using this approach.

“The committee members are to also serve as judges. As we gather this information from our people, we will come back to tailor it in a way to suit the people of Enugu State, and then our policy is ready.

“We want the people to know that there is a gender policy for them. I can assure you that when the people are aware that there is such a policy, they will seek for the enforcement of that policy. So, this is not going to be one of those policies that will just lie on the shelf,” she said.

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Emulate Christ’s virtues, Glo urges Christians at Easter

Reporter: Sandra Ani

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Glo and Globacom
Globacom

Digital solutions provider, Globacom, has congratulated Christians in Nigeria on this year’s Easter celebration, and urged them to emulate the noble qualities of Jesus Christ.  

The company, in a goodwill message to the Christian faithful in the country, lauded their perseverance through the Lenten period which preceded Easter. It enjoined them to always promote the ideals of selflessness, love and peace among all as a way of demonstrating the virtues of the exemplary life of Jesus Christ. 

“Peace, love and sacrifice are the central message of Easter. Christ offered himself in atonement for the sins of the world and he lived a life which made Him an eternal symbol of peace and goodwill for mankind”, Globacom added. 

The company enjoined all Nigerians to share in the lessons of promoting selflessness, a necessary ingredient in the growth and development of every society. It also enjoined all Nigerians to join hands to make Nigeria a better place for all. 

Easter is celebrated yearly at the end of the Lenten season of fasting and prayer considered as a ritual of purification for the Christian faithful. It also precedes the crucifixion of the Lord Jesus Christ on Good Friday and His eventual resurrection on Easter Sunday.

The company assured its customers of seamless voice, data and Short Messaging Service (SMS) during and after the Easter celebrations, while urging them to avail themselves of the various data and voice offerings on the network.

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