• About
  • Advertise
  • Contact
Saturday, July 12, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Judiciary

Ex-JAMB Registrar, Ojerinde sued over failure to pay N18 million on business venture

Vital News by Vital News
July 19, 2022
in Judiciary
0
Share on FacebookShare on Twitter

By Eric Ikhilae

Abuja – A former Provost Marshal of the Nigerian Air Force, retired Air Commodore Najeem Alade Sanusi has told a Federal High Court in Abuja how a former Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Adedibu Ojerinde reneged on his promise to pay him N18million from their joint venture.

Sanusi, who was testifying as the second prosecution witness in the trial of Ojerinde told the court that they set up a radio station – Ifelodun Communication Ltd, owner of Gravity FM.

Ojerinde is being tried on an
18-count charge marked: FHC/ABJ/CR/97/2021 by the Independent Corrupt Practices & other related offences Commission (ICPC), in which he is accused among others, of diverting public funds estimated at over N5.2bilion.

Ifelodun Communication Ltd is one of the companies the ICPC claimed Ojerinde established with funds diverted.

RelatedStories

Court Did Not Give Order Compelling Senate To Lift Suspension On Senator Natasha – CTC Clarifies

LPDC Suspends Lawyer Everestus Ugwuowo For Five Years Over Abuja N29mln Property Scam

US-based Nigerian Pastor, Edward Oluwasanmi Jailed Over N6.4bln ($4.2mln) COVID-19 Fraud

Court Orders Senate To Recall Natasha From Six-Month Suspension

Lead in evidence by the prosecuting lawyer, Mrs. Bunmi Olugasa, Sanusi said after the station was established and it became functional, the defendant asked him to step aside for his son, Olu Ojerinde (a sitting member of the House of Representatives) to become the Managing Director (MD), while he (Ojerinde) assumes the position of the Chairman.

The witness said he was asked to remain a director and shareholder, an arrangement he accepted until there was an agreement that he should be paid N18m for him to relinquish his shareholding and directorship.

On how they arrived at N18m as his final pay out, Sanusi said the Account Manager, Jimoh Olabisi (an ally of the defendant) did the estimation of what the investment was worth and arrived at N180m from which he (Sanusi) was to be paid 10 percent, amounting to N18m.

“It was agreed that I would be paid N18m by the Chairman (the defendant). if I was paid, I was to relinquish my share capital and directorship,” he said.

The witness added that not only did the defendant reneged on the agreement, he (Ojerinde) said he would no longer be able to pay such amount because he was no longer in office as the JAMB Registrar.

Sanusi said after he reported to their community association – Ifelodun Omo Igboho Organisation – Ojerinde paid him N1m.

Sanusi claimed that his signature was later forged on a board resolution, indicating that he had relinquished his directorship and investment, denied knowledge of the document and a Corporate Affairs Commission (CAC) document.

While being cross-examined by defence lawyer, Ibrahim Isiyaku (SAN), the witness said he acted as the Chairman/CEO of the radio station during the formation stage because Ojerinde was still in service and chose not to openly associate with the project.

Sansusi said he made efforts to get the defendant to honour his pledge, including reporting him to their community elders in Igboho.

On why there was no written agreement and demand letters, the witness said: “I didn’t write any letter of demand.

“I could not have written because it was a gentleman agreement. He is our brother. He is my elder. We respect him. He should not be here (standing trial in court). He is our Asiwaju. We believe everything he says.

“Before coming to court to give evidence, some of the steps I took included that I called the defendant, informing him that he has not fulfilled his agreement.

“And when he was not forthcoming, I went to meet his junior brother – Brigadier-General Tunji Ojerinde, who was a colleague.

“I told him that this was the agreement I had with his elder brother. He said I should go and meet him that it was him and I that set up the business.

“I wrote a letter to Ifelodun Omo Igboho Organisation. The Chairman of the organisation and some eminent people called us to Igboho town hall.

“I presented the letter to them. They went through it and advised him to fulfil his agreement to me, that they don’t want any problem associated with Gravity FM station.

“I further went to meet him at the University of Ife after his retirement from JAMB. He promised to fulfil his agreement with me.

“I also met prominent citizens of the town to please talk to him, yet he did not fulfil his promise.

“Thereafter, I left everything in the hands of God, hoping and believing that judgment would be served. And here we are today,” the witness said.(The Nation)

Tags: court ventureJAMBRegistrar
Previous Post

Bayo Lawal emerges Oyo new Deputy-Governor

Next Post

Coach attributes Doma United FC promotion to sacrifice, commitment

Vital News

Vital News

RelatedStories

Court Finds Natasha Guilty Of Contempt, To Pay N5mln Fine, Publish Apology In Two National Dailes
Judiciary

Court Did Not Give Order Compelling Senate To Lift Suspension On Senator Natasha – CTC Clarifies

July 11, 2025
Chief Judge Drags Osun State Attorney General, Wole Jimi – Bada Before LPDC Over Alleged Misconduct
Crime

LPDC Suspends Lawyer Everestus Ugwuowo For Five Years Over Abuja N29mln Property Scam

July 9, 2025
US-based Nigerian Pastor, Edward Oluwasanmi Jailed Over N6.4bln ($4.2mln) COVID-19 Fraud
Judiciary

US-based Nigerian Pastor, Edward Oluwasanmi Jailed Over N6.4bln ($4.2mln) COVID-19 Fraud

July 7, 2025
Court Finds Natasha Guilty Of Contempt, To Pay N5mln Fine, Publish Apology In Two National Dailes
Judiciary

Court Orders Senate To Recall Natasha From Six-Month Suspension

July 4, 2025
Court Finds Natasha Guilty Of Contempt, To Pay N5mln Fine, Publish Apology In Two National Dailes
Judiciary

Court Finds Natasha Guilty Of Contempt, To Pay N5mln Fine, Publish Apology In Two National Dailes

July 4, 2025
Next Post

Coach attributes Doma United FC promotion to sacrifice, commitment

Southern Muslim/Northern Christian ticket cannot win presidential poll in Nigeria - Yakassai

Osun - Oyetola blames civil servants for his defeat by Adeleke

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Lagos Releases Names Of Three Final Bidders For 4th Mainland Bridge

3 years ago

Two doctors, one hospital staff died of Lassa fever in Oyo

3 years ago
Nigeria, Saudi Arabia Sign MoU On 2025 Hajj

Nigeria, Saudi Arabia Sign MoU On 2025 Hajj

6 months ago
Popular Businesswoman And Frontline Socialite, Alhaja Adebisi Edionseri aka Cash Madam Dies At 89

Popular Businesswoman And Frontline Socialite, Alhaja Adebisi Edionseri aka Cash Madam Dies At 89

6 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Kogi SDP Youth Leader Killed, Party Demands Justice

ICPC Recovers N21 billon Salary Fraud In Single Probe

President Tinubu Never Stopped Five-year Non-Immigrant Visa For US Citizens

Kogi Doctors Cry Out Over Poor Remuneration, Lack of Promotions

We Will Not Conspire With Any Organisation, Religious Body To Compromise Right, Safety Of Any Child – LASG

Atiku Says Zoning Won’t Silence Competence, Rejects Pressure To Quit 2027 Race For Peter Obi

Trending

Governor Alia Approves New Board For Lobi Stars FC, Sacks Dominic Iorfa
Crime

JSS3 Student Beats Teacher To Death In Benue

by Vital News
July 12, 2025
0

A Junior Secondary School 3 (JSS3) student has beaten a teacher to death in Benue State. The...

After Failed Rehabilitation  Efforts, NNPC May Sell Port Harcourt, Warri, Kaduna Refineries – Ojulari

After Failed Rehabilitation Efforts, NNPC May Sell Port Harcourt, Warri, Kaduna Refineries – Ojulari

July 11, 2025
Court Finds Natasha Guilty Of Contempt, To Pay N5mln Fine, Publish Apology In Two National Dailes

Court Did Not Give Order Compelling Senate To Lift Suspension On Senator Natasha – CTC Clarifies

July 11, 2025
Kogi SDP Youth Leader Killed, Party Demands Justice

Kogi SDP Youth Leader Killed, Party Demands Justice

July 11, 2025
ICPC Recovers N21 billon Salary Fraud In Single Probe

ICPC Recovers N21 billon Salary Fraud In Single Probe

July 10, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • JSS3 Student Beats Teacher To Death In Benue July 12, 2025
  • After Failed Rehabilitation Efforts, NNPC May Sell Port Harcourt, Warri, Kaduna Refineries – Ojulari July 11, 2025
  • Court Did Not Give Order Compelling Senate To Lift Suspension On Senator Natasha – CTC Clarifies July 11, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In