The Force Intelligence Department, Police headquarters, Abuja has commenced investigation over how several banks were allegedly fraudulently manipulated together with some army officers to cleverly divert the sum of N8 billion from the accounts of a company, Woods Resources Limited.
The investigation followed allegations that one Victor Ukut and the minority shareholder of Woods Resources Limited, Whoba Ogo, over the past thirteen years with the support of some senior Army Officers forcefully took over the management of The Nigeria Army Complex upon it’s completion and literally pushed out it’s substantive Managing Director and Chief Executive Officer, James Onyemenam.
Police sources said that based on this, James Onyemenam went to court in 2011 to seek legal redress and it was discovered that the duo of Victor Ukutt and Whoba Oga did not stop at that but also went ahead to fraudulently manipulated the different bank accounts of the company by purportedly removing James Onyemenam the majority shareholder and the signatory A leaving Whoba Ogo, the minority shareholder and signatory B as the sole signatory and this has become the subject of investigations by the police and the EFCC.
It was gathered that upon the commencement of the investigations by the EFCC insy, 2021, Whoba Ogo and his family allegedly absconded from the country and he has since remained in hiding in the USA claiming to be terminally ill. The allegations of embezzlement and conversion which Victor Ukutt reportedly tried unsuccessfully to use the court to restrain the investigation.
He also allegedly initiated several petitions, last year, with some departments of the police with the sole aim of harassing and intimidating James Onyemenam in which the unsuccessful attempts at invading his home and office ended with the arrest of his landlord whom they thought was him.
It was learned that Mr. Onyemenam, on his own volition reported at the police department but found the handling of the trumped up charges quite concerning and therefore counter-petitioned the IGP and filed complaints on the questionable manner in which the investigation was being handled.
The IGP, in his wisdom and professional handling of the matter, transfered the investigation to the Force Intelligence Department.
Sources said the investigations have been far reaching leading to findings implicating several banks that were fraudulently manipulated and many senior Army Officers.
It was gathered that in similar manner to the attack on the EFCC and apparently more desperately, Victor Ukutt and Whoba Ogo filedover four suits against the IGP, the immediate past DIG of FID and several police officers for carrying out their lawful duties diligently.
Their latest attack came from false reports in the media alleging that AIG Abdulyari Lafia, James Onyemenam and others stole over N692 million from the account of Woods Resources Limited and they called on IGP to probe them.
While describing the report as mischievous, unfounded and tissues of lies, sources said that over 87 bank accounts are currently under investigation and consequently legally frozen for obvious reasons and neither the IGP nor the investigating police team are poised not to allow themselves to be cowed or blackmailed into abandoning the long drawn investigation bearing in mind that the victim has sought justice for over a decade and despite efforts by other law enforcement agencies, he got no respite until he reached out to the police.