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REVEALED: USA WANTED FRAUDSTER LULU ENABOIFO RUNS DELTA STATE GOVERNMENT AGENCIES FROM BEHIND THE SCENE

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Men with wealth are envied, envied beyond the shores of their imaginations. It makes men of class and lower status stands to give accolades to its bearer, especially when it flows effortlessly. It doesn’t matter if it’s gotten by hook or crook as long as its stream never gets dry. This is exactly the world of multi-millionaire Olutokunbo Enaboifo alias Sir Lulu, who has always found a way to reinvent himself into the consciousness of the ruling class in Delta State, beginning from 1999 when his bosom friends, James Ibori mounted the saddle, and invited him to partake of the national cake.

Since then, he has not looked back, even though he went underground during Ibori’s incarceration but has found his way back into the system, we can authoritatively reveal. Sir Lulu, the Chairman/CEO of Mega Structures Nigeria Limited, an Edo man, is currently one of the most powerful men in Delta, so powerful that commissioners and heads of MDAs tremble before him, due to his closeness to the corridors of power.

Even though Mr. Kenneth Onyemaka is the Managing Director of the Delta State Signage and Advertising Agency (DESAA), the real mask behind the MD is Lulu, who is the undesignated Chairman of the company that brought the idea to Delta State while another top shot in the state behind the scene acts as the Vice Chairman of the company. Lulu, a fugitive fraudster in the United States is currently wanted for credit card fraud, conspiracy and abetting in a US District Court of the Eastern District of Pennsylvania in 1986 on two counts.

Enaboifo as he was known in the US before changing his name to Lulu, was a student of Temple University in Philadelphia and was arrested on August 8th 1986 at 5702 North Oaks Boulevard, North Brunswick, New Jersey. A copy of the charge sheet stated that, “ from on or about April 1 1986 to or about June 2, 1986, at Philadelphia, in Eastern District of Pennsylvania and elsewhere, defendants Charles Ola and Olutokunbo Enaboifo knowingly, intentionally and unlawfully did conspire, combine, confederate and agree together with each other, and with other persons known and unknown to this grand jury to attempt to execute a scheme and artifice to defraud Philadelphia Savings Fund Society (PSFS of moneys in violation of Title 18, United States Code, Section 1344 (a) (1)”. Following his indictment and knowing he would be jailed, he bolted from the US to Nigeria. His co criminal had earlier run away from the US for fear of being jailed. Using his company called Swift Ventures Limited (SVL), competent sources revealed that this Delta big boy practically rakes in millions into his private pocket alongside his partner, while declaring peanuts to the management. In setting up DESAA according to our findings, an initial sum of N80 million was allegedly borrowed by SVL from First City Monument Bank (FCMB) with a mandate to generate over N1 billion yearly, which will be shared between the State Government and the company. To run the agency, Lulu brought in his nephew, Mr. Victor Umoh to work as the Chief Operating Officer/Executive Director. We gathered that since its inception, Lulu and his gang found a way of circumventing the mode of payment, by boycotting the platform payment and using manual method, were the money goes into their private pockets. Most of these payments made are not in the financial books, stated a reliable source. The minimum rate for directional signs in the state is N80,000, while companies like T-Energy, that make use of solar panel in the signage pay higher.

Zenith Bank also paid heavily to have their signage on the major roads, according to another source. An insider confided in us that MTN Nigeria was evaluated to owe N4 million in their signage but only N2.5 million was recorded in the office financial books. As at March, we gathered that only the sum of N15 million has been generated by DESAA, an amount which those familiar with the workings described as “peanuts compared to the original amount they have collected”.

It is not clear if the State Governor is aware that Lulu is the face behind DESAA, who despite having a free hand to generate revenue for the state and share profit, still has a whooping N30 million given to them in the 2018 budget, to play around with. Even though Lulu enjoys his freedom back in Nigeria, his sentence in US is likely to continue, anytime he steps his feet there. In February 24th 2004, the US Attorney’s office re-opened Enaboifo’s case and requested for sentencing in absentia through series of motions and sentencing memoranda. On April 15 2004 a judgment in a criminal case was entered against him where the Judge ruled that “Olutokunbo Enaboifo be sentenced to a term of six months incarceration for Counts one and two to run concurrently and that a fine of $1,000 be imposed and entered against the defendant”. When we contacted one of the anti-corruption agencies of the government, they expressed surprise that the fraudster is still relevant in the scheme of things and continued the fraud.

They pleaded that a petition be forwarded to them, for them to take necessary actions. A US diplomatic source however disclosed to our correspondent that they may ask for the extradition of Sir Lulu, once the embassy receives petition to that effect, in relevance to the extradition law. When we contacted him on his 0802290**** known line; it never connected. His life of fraud is spread almost everywhere in Delta, though silently.

 

To be continued……….

 

Additional Information From Secrets Reporter.

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Organiser unveils speakers, panelists for the 2024 Industry Summit

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The organiser of the Industry Summit, an annual gathering for professionals and experts in brand marketing, finance, sustainability, and entertainment, has announced the speakers for the fifth edition of the summit in Lagos.

 

 

 

The event themed: Sustainable Marketing for Growth would feature the marketing director of Nigerian Breweries Plc, Mr. Emmanuel Oriakhi as keynote speaker while the head of unit, sustainability at Access Bank, Mrs. Omobolanle Victor-Laniyan and manager brand, strategy & communications at Stanbic IBTC, Ms. Rita Akao would feature as guest speakers.

 

 

 

The summit, which is scheduled to hold on Friday, May 3rd, 2024 at the Marcelina’s Place Ikeja GRA, Lagos would feature some exhilarating panel sessions with some of the contemporary professionals in the Nigerian brand and marketing industry.

 

 

 

The panelists include; Ms. Chioma Mbanugo, Head of Marketing PZWILMAR, Mr. Abiodun Coker, Team Member Media, UBA, Mrs. Mabel Adeteye, Head, Brand & Marketing Communications, Wema Bank PLC, Mr. Kevin Olumese, Marketing Communications Specialist, and Mr. Adeola Kayode, Head, Brands & Creative Services, 9mobile Nigeria.

 

 

 

Others who have confirmed participation are Ms. Aisha Anaekwe, Head, Brands & Comms, Coronation Group, Mrs. Victoria N’dee Uwadoka, Public Relations, Public Affairs & Sustainability Lead, Nestle Nigeria Plc, Mr. Samson Adeoye, Public Relations Manager, Airtel Nigeria, Mrs. Oluwatosin Odiagbe, Marketing Manager, Simba Solar and Ms. Arinola Shobande, Head of Marketing, Showmax.

 

 

 

While Oriakhi would be speaking to the topic, ““New Age Marketing – Catalyzing Transformation Through Value Chain Innovation, Technology, Analytics & Sustainability”, Victor-Laniyan and Akao would present papers on the topics; “Aligning organizational objectives with sustainable marketing for the good of the people, society and business, and “Reimagining Sustainable Growth Through Green Marketing” respectively.

 

 

 

In the press statement signed by the Publisher of The Industry Newspaper/Convener of The Industry Summit/Awards (TIES), Mr. Goddie Ofose, he said that “The 5th edition of the Industry Summit is focusing on sustainable marketing, which is a purpose-driven practice that works to orientate businesses, brands and society towards a sustainable future, influencing appropriate awareness, aspiration, adoption and action across economic and sociocultural systems by taking necessary accountability for its impacts and opportunities.”

 

 

 

“In today’s ever-evolving world, debating whether to incorporate sustainability into business strategy is no longer an option. Considering a values-driven approach when developing business strategies can be vital to long-term success” he said.

 

 

 

Therefore, we have carefully selected these professionals and experts to deliberate on the subject matter, highlight challenges and proffer solutions where private and public sectors could take lessons from and improve upon whatever they have been doing,’ Ofose added.

 

 

 

The Industry Summit/Awards is a brainchild of The Industry Newspaper Limited, publishers of The Industry Newspaper (theindustry.ng) and 789marketing.ng.

 

 

 

The summit is designed to bring together industry leaders across the continent in all sectors in the quest to rev up conversations that will move the Nigeria business, economy and communication industry forward.

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IBEDC records 1,459 energy theft cases in January, February

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The Ibadan Electricity Distribution Company said it has recorded 1,459 cases of energy theft by its subscribers between January and February 2024.

This was disclosed in a press statement signed by the firm’s Chief Key Accounts Officer, Mr. Johnson Tinuoye, on Tuesday.

IBEDC added that it is actively pursuing investigations and legal actions against individuals and businesses involved in the theft in collaboration with the Federal Government Special Investigation and Prosecution Task Force on Electricity Offences.

Identifying the cases, IBEDC said they included various offences such as meter bypass and illegal meter tampering, which resulted in significant financial losses amounting to hundreds of millions of naira for the company.

The statement read, “We want to send a clear message to our customers that energy theft will not be tolerated. Our collaboration with the Federal Government Special Investigation and Prosecution Task Force on Electricity Offences underscores our commitment to ensuring a fair and just electricity distribution system.

“Energy theft not only undermines the integrity of our operations but also deprives IBEDC of the revenue necessary to provide quality services to our customers.”

Tinuoye emphasised that under the Electricity Act, energy theft is now recognised as a criminal offense, carrying severe penalties including imprisonment stressing, “In the Osun region, two individuals were apprehended for stealing energy through meter bypass and illegal connections. Their cases have been formally charged in court for prosecution.”

IBEDC further urged customers to refrain from engaging in any form of energy theft, emphasising that the consequences can be severe, as there is no room for negotiation with the SIPTEO Task Force team, which is actively patrolling and investigating instances of energy theft for prosecution.

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Copyright Breach: NCC Drags MTN, Others To Court Over Musician’s Works

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The Nigerian Copyright Commission (NCC) has filed criminal charges against MTN Nigeria Communications Ltd. and four others over alleged copyright infringement.

The charge with number FHC/ABJ/CR/111/2024 filed in the Abuja Division of the Federal High Court was obtained by journalists on Monday.

News Agency of Nigeria (NAN) reported that the four other defendants in the case include the chief executive officer of MTN Nigeria, Karl Toriola; Nkeakam Abhulimen, Fun Mobile Ltd.; and Yahaya Maibe.

In the three-count charge, NCC alleged that the defendants, between 2010 and 2017, “offered for sale, sold and traded for business’’, infringed the musical works of an artiste, Maleke Idowu Moye, without his consent and authorisation.

The commission alleged that the defendants used musical works and sound recordings of Mr Maleke with subsisting copyright as caller ringback tunes without the authorisation of the artiste.

The musician’s musical works and sound recordings allegedly infringed upon included 911, Minimini-wanawana, Stop Racism, Ewole, 911 instrumental, Radio, Low Waist, and No Bother.

The defendants were also alleged to have distributed the musical works to their subscribers without authorisation, thereby infringing on the rights of the artiste.

In the third count, the defendants were alleged to have in their possession, other than for their private or domestic use, the artiste’s musical works and sound recordings.

According to NCC, the alleged offences are contrary to and punishable under section 20 (2) (a) (b) and (c) of the Copyright Act, Cap. C28, Laws of the Federation of Nigeria, 2004.

The case has yet to be assigned to any judge, and no date has been fixed for the mention.

Meanwhile, no official statement has been released by any of the defendants as at the time of filing this report, while all efforts to get reactions from MTN by New Telegraph proved abortive.

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