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BREAKING: Court Grants Obiano bail after arraignment over alleged N4 billion fraud
Willie Obiano, the former Governor of Anambra, has been granted bail by a Federal High Court in Abuja after facing a nine-count charge of allegedly laundering approximately N4 billion.
The Economic and Financial Crimes Commission (EFCC) arraigned Willie Obiano, the ex-governor of Anambra state, accusing him of involvement in a N4 billion fraud.
The former governor appeared Judge Inyang Ekwo at the Federal High Court in Abuja on Wednesday.
The anti-graft agency accused Obiano on nine counts of alleged N4 billion money laundering during his time as governor of the South-East state from March 2014 to March 2022.
Meanwhile, the ex-governor denied the money laundering charges against him by pleading not guilty.
Sylvanus Tahir, the counsel for the EFCC, asked the court to detain Obiano in the custody of the anti-graft agency.
However, judge Ekwo granted the former governor bail and adjourned the case till March 4 for the commencement of trial.
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According to Tahir, some of the charges brought against include alleged money laundering, corruption and theft, among others.
The case file reads,
“That you, Chief Willie Maduabuchi Obiano, whilst being the executive governor of Anambra State of Nigeria between March 2014 – March 2022, sometime between 7th February, 2018 to 18th February, 2019 in Abuja, within the jurisdiction of this Honourable Court, indirectly transferred through Mr Willie Nwokoye, your then principal private secretary, the sum of N156,800.00 only from the Anambra State Government Security Vote Account No: 5030050875 domiciled in Fidelity Bank Pic into the Fidelity Bank Ple Account No: 6060018819 belonging to C.I. Patty Ventures Nigeria Limited (an entity that had no business relationship with the Anambra State Government), which funds were dissipated for purposes unrelated / unconnected with the security affairs of Anambra State, which you reasonably ought to have known that such funds formed part of the proceeds of your unlawful act, to wit: (Stealing and Corruption) and you thereby committed an offence contrary to Section 15 (2) (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2012 and punishable under Section 15 (3) of the same Act.
“That you, Chief Willie Maduabuchi Obiano, whilst being the executive governor of Anambra State of Nigeria between March 2014 — March 2022, sometime between 9th August, 2017 to 4th March, 2020 in Abuja, within the jurisdiction of this Honourable Court, indirectly transferred through Mr Willie Nwokoye, your then principal private secretary, the sum of N261,268,585.00 only from the Anambra State Government Security Vote Account No: 5030050875 domiciled in Fidelity Bank Plc into the Fidelity Bank Plc Account No: 5600062873 belonging to Easy Diamond Integrated Link (an entity that had no business relationship with the Anambra State Government), which funds were dissipated for purposes unrelated / unconnected with the security affairs of Anambra State, which you reasonably ought to have known that such funds formed part of the proceeds of your unlawful act, to wit: (Stealing and Corruption) and you thereby committed an offence contrary to Section 15 (2) (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2012 and punishable under Section 15 (3) of the same Act.”
Meanwhile, the former governor pleaded not guilty to all the charges.
News
Lagos, FG Hold Stakeholders’ Meeting Over Coastal Highway Flooding
The Lagos State Government and the Federal Ministry of Works are meeting with key stakeholders today to address flooding concerns along the Lagos-Calabar Coastal Highway corridor.
The meeting, directed by President Bola Tinubu, brings together officials from the Lagos State Government, the National Assembly, the Federal Ministry of Environment and other stakeholders to agree on lasting solutions.
Minister of Works, Dave Umahi, says the coastal highway did not cause the flooding. Instead, he says the road’s culverts have improved the flow of stormwater, while existing drainage problems and poor waste disposal remain major causes of flooding in affected communities.
Umahi announced plans to build new drainage channels and service lanes, warning that some buildings will be demolished to make way for the project.
He also ordered stricter enforcement against illegal dumping, street trading and illegal parking along the corridor.
Chairman of the Senate Committee on Works, Allwell Heacho Onyesoh, backed the minister’s position, saying experts had shown lawmakers that flooding in Lagos predates the coastal highway.
The Federal Government says the meeting will produce a coordinated plan to improve drainage, protect infrastructure and reduce future flooding.
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Senate hails Nigerian Army at 163
In a statement issued by the Chairman of the Senate Committee on Army, Senator Abdulaziz Musa Yar’Adua (APC, Katsina Central), said this year’s celebration marks 163 years of the Nigerian Army’s service to the nation.
The Senate on Monday congratulated the Chief of Army Staff, Lieutenant General Waidi Shaibu, officers, soldiers and veterans of the Nigerian Army on the occasion of the 2026 Nigerian Army Day Celebration, describing the anniversary as a significant milestone in the country’s military history.
In a statement issued by the Chairman of the Senate Committee on Army, Senator Abdulaziz Musa Yar’Adua (APC, Katsina Central), said this year’s celebration marks 163 years of the Nigerian Army’s service to the nation
The upper chamber also urged officers and soldiers to remain professional, steadfast and committed to their constitutional responsibilities, assuring them of the Senate’s continued support.
He noted that for more than a century, the Army has remained at the forefront of defending Nigeria’s sovereignty, territorial integrity and national security.
Commenting on the theme of the 2026 celebration, “Protecting the Nation and Serving the People: A Way Forward for the Nigerian Army,” Yar’Adua said it reflects the Army’s constitutional mandate and the importance of strengthening its relationship with the public.
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NGE to host Lateef Jakande 2026 Memorial Lecture: “The Media, INEC, Voters and Path to Credible Elections.”
The Lateef Jakande Memorial Lecture is an annual lecture series instituted by the NGE in 2023 to honour the legacy of Alhaji Lateef Jakande, the late iconic journalist, who was one-time President of the Guild, former Lagos State Governor, and former Minister of Works.
Photo: Eze Anaba (President) NGE
The Nigerian Guild of Editors (NGE) will on July 23, 2026 host the 4th Lateef Jakande Memorial Lecture in Lagos.
The Lateef Jakande Memorial Lecture is an annual lecture series instituted by the NGE in 2023 to honour the legacy of Alhaji Lateef Jakande, the late iconic journalist, who was one-time President of the Guild, former Lagos State Governor, and former Minister of Works.
In a press statement signed by Eze Anaba (President) and Onuoha Ukeh (General Secretary), the lecture will holds at the Sheraton Hotel, Ikeja, Lagos, with theme: “The Media, INEC, Voters and Path to Credible Elections.” Time is 11am.
The Guild said that Prof Sylvester Odion Akhaine of the Department of Political Science, Lagos State University, will deliver the lecture, with former Governor of Ekiti State, Dr. Kayode Fayemi, as Chairman. Expected at the lecture is Lagos State Governor, Babajide Sanwo-Olu, who is the Chief Host and Special Guest of Honour; Minister of Information and National Orientation, Alhaji Mohammed Idris; elders of the Guild, including former Governor of Ogun State, Chief Segun Osoba and publisher of Vanguard group of newspapers, Uncle Sam Amuka; top government officials, managing directors and editors of print, electronic and online publications and civil society groups.
Also expected at the lecture are Mass Communication and Journalism lecturers and students of Caleb University, Ikorodu, Lagos; Lagos State University, Ojo, Lagos; Yaba College of Technology, Yaba, Lagos and Nigerian Institute of Journalism, Ogba, Lagos.
The statement said that the Lateef Jakande Memorial Lecture brings together media leaders, public officials, and civil society to reflect on nation-building, governance, and the role of the press, describing it as “a fitting tribute to Alhaji Jakande’s legacy, which embodies dedication to journalism, governance, and service to Nigeria.”
It added: “The Lateef Jakande Memorial Lecture continues to serve as a platform for thought leadership, policy debate, and national introspection, while keeping alive the standard Jakande set in journalism and public service.
“The Guild also said that University students are invited to the lecture every year for them “learn the value of service, excellence and dedication to journalism and public service as well as for them to connect with practising journalists who could serve as their role models in the profession.”
The Jakande Memorial Lecture started in 2023, with a lecture delivered by Chief Felix Adenaike, Fellow of the NGE.
In 2024, Prince Nduka Obaigbena, Chairman of ThisDay and Arise Mews TV, spoke on “Rapid Changing Media Landscape: Survival Strategies.”
The third edition last year had the theme: “Journalism and the Challenge of Nation-Building in a Multi-Ethnic Society” and delivered by Bauchi State Governor, His Excellency, Senator Bala Mohammed.
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