• About
  • Advertise
  • Contact
Thursday, October 23, 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 Fixes Oct 31 For Judgment In Suit Seeking To Stop PDP National Convention

Acting National Chairman, National Secretary Can Take Decisions On behalf Of SDP, Appeal Court Rules Against INEC

Malabu Oil & Gas Limited Drags CAC To Court Over Alleged Illegal Deregistration

FG Says Pardon For Maryam Sanda, Others, Not Final,Begins Review Of Prerogative Of Mercy Exercise

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

PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South
Judiciary

Court Fixes Oct 31 For Judgment In Suit Seeking To Stop PDP National Convention

October 21, 2025
Rumpus In SDP As Party  Suspends National Chairman, Sheu Gabam, Two Other NWC Members
Judiciary

Acting National Chairman, National Secretary Can Take Decisions On behalf Of SDP, Appeal Court Rules Against INEC

October 17, 2025
Malabu Oil & Gas Limited Drags CAC To Court Over Alleged Illegal Deregistration
Judiciary

Malabu Oil & Gas Limited Drags CAC To Court Over Alleged Illegal Deregistration

October 17, 2025
FG Cancels Independence Anniversary Parade
Judiciary

FG Says Pardon For Maryam Sanda, Others, Not Final,Begins Review Of Prerogative Of Mercy Exercise

October 16, 2025
Nnamdi Kanu’s Ailment Not Life Threatening – NMA
Health

Nnamdi Kanu’s Ailment Not Life Threatening – NMA

October 16, 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

Kogi delegates return money to Senatorial aspirant

3 years ago
62 Female Prisoners Awaiting Execution In Nigeria – CGC

62 Female Prisoners Awaiting Execution In Nigeria – CGC

3 years ago
NOC Commences Construction Of Permanent Secretariat In Abuja

NOC Commences Construction Of Permanent Secretariat In Abuja

4 months ago
Myself, Wike, State Lawmakers, Have Agreed To Bury The Hatchet, Fubara Says As He Resumes Office

Fubara Sacks Commissioners, SSG, SAs, SSAs

3 weeks 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
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

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

Highlights

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

National Orthopedic Hospital Jalingo Signs MoU With Police Health Maintenance Limited

Former Kogi Senator In Trouble Over Attempts To Scuttle Appointment Of Amupitan As INEC Chairman, Action Raises Dust Among Kinsmen

Three INEC Officials Going For November 8 Anambra Governorship Election Kidnapped In Kogi

Amid Worsening Insecurity, Kwara Closes 45 Public Schools

Trending

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman
Politics

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

by Vital News
October 23, 2025
0

Northern stakeholders of the Peoples Democratic Party (PDP) have formally endorsed Kabiru Tanimu Turaki, SAN, as consensus...

Trailer Crushes Female University Lecturer To Death In Lokoja

Trailer Crushes Female University Lecturer To Death In Lokoja

October 23, 2025
Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

October 22, 2025
FG Cancels Independence Anniversary Parade

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

October 22, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

October 22, 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

  • Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman October 23, 2025
  • Trailer Crushes Female University Lecturer To Death In Lokoja October 23, 2025
  • Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund October 22, 2025

Categories

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