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Court Orders Firm, KYC Interproject Ltd Sealed Over Alleged N200m Fraud

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An Abuja-based construction firm, KYC Interproject Ltd., has been ordered sealed and its promoter, Micheal Ayuba Auta, probed over alleged fraudulent practises.

Auta, the managing director of the company, was ordered to be investigated by the Federal Capital Territory (FCT) Police Command over the controversies surrounding the contract sum of N200 million paid to him and his company.

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The order by the FCT Upper Area Court followed complaints that the N200 million contract sum had been fraudulently diverted to fund a Labour Party electioneering campaign in Kaduna South during the 2023 general election instead of the properties that it was paid for.

READ ALSO: Anxiety, Fear As Suspected Herders Taker Over Edo Community Farm Roads, Abduct Five

Another business Enterprise, Arodiogbu Enterprises Ltd, was said to have paid the sum to acquire some properties from KYC Interproject Ltd.

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Based on the order of the court, the FCT Police Command is tracking Auta with a view to apprehending him for interrogation.

A High Court of FCT, sitting as a vacation court, had on July 28, 2023, also granted an order of interim injunction sealing the construction site of KYC properties and restraining the company and its MD, Auta, from tampering with the properties.

The court made the order while ruling in an application filed by Ugo Nwofor and A.C. Orji asking the court to halt the construction process on the properties situated at Guzape, Abuja, pending the hearing of the motion of notice.

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READ ALSO: Palliative: Obaseki Set To Give N500m To Poorest Of The Poor In Edo

Earlier, while presenting the application in suit number CV/HC/CV/6941/2023 and motion number FCT/HC/M/12040/2023 before the court, the counsel to the applicant, Ugo Nwofor, had argued that the actions of the defendants are overreaching and indeed unconstitutional.

The defendants in the suit are KYC Interprojects Ltd and Micheal Ayuba Auta.

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DAILY POST reports that a further hearing in the matter has been fixed for August 9, 2023.

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JUST IN: Gunmen Kill Policeman, Abduct Other In Imo

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Gunmen launched a deadly attack on a police patrol team in Imo State on Sunday, resulting in the death of a police constable and the reported abduction of an Assistant Superintendent of Police (ASP).

The Imo State Police Command confirmed the incident on Monday and has launched a manhunt to apprehend those responsible.

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The incident occurred around 9:00 a.m. near Finas Gas Station, along the Okigwe-Umuahia Road, specifically in the Old Gariki area of Okigwe, which sources described as a “dangerous zone.”

During the ambush, Police Constable Oluebube was fatally shot, and his service rifle was stolen by the attackers.

READ ALSO: Woman Killed, Five Others Injured In Imo Market Explosion

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ASP Casmir, who was leading the patrol team, has been missing since the attack, leading to fears that he may have been abducted and possibly killed. Other members of his team managed to return to base with their rifles and are currently receiving medical attention.

Police spokesman Henry Okoye stated that preliminary findings suggest the attackers are affiliated with the proscribed Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN).

An intense operation is ongoing to apprehend the miscreants responsible for the attack,” Okoye said. He added, “We are aware that some may question why IPOB is being mentioned, but we cannot ignore confessional statements by suspects who openly associate their actions with the group. As a law enforcement agency, it is our duty to report facts as uncovered during investigations.”

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Police Declare Two Wanted Over Attack On Ahoada-East LGA Administrator, Theft

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The Rivers State Police Command has declared two top officials of the Ahoada-East Local Government Area wanted over their alleged involvement in the brutal attack on the LGA’s Sole Administrator, Hon. Goodluck Iheanachor.

Declared wanted are Mr. Hector Ekakita, Chief Security Officer (CSO) of Ahoada-East LGA, and Mr. Aloni Olodi, Chief of Staff (COS) of the LGA.

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In a statement issued on Sunday by the Command’s Public Relations Officer, SP Grace Iringe-Koko, the police said the duo is wanted for alleged criminal conspiracy, stealing, assault occasioning harm, and attempted murder. The offenses stem from a violent incident that occurred on June 20, 2025, at the Ahoada-East Council Secretariat.

READ ALSO:Rivers LG Administrator Appointed By Ibas Resigns

According to the statement, Ekakita and Olodi, alongside a group of about 30 others, allegedly conspired to assault the Sole Administrator, inflicted injuries on him, forcibly obtained his signature under duress, stole his mobile phones and sensitive documents, and carted away both personal and official property from his office.

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The police revealed that despite repeated invitations, the suspects have failed to appear for questioning, prompting the declaration.

The Rivers State Police Command has declared the following individuals wanted… Mr. Hector Ekakita – Chief Security Officer (CSO), Ahoada-East LGA, and Mr. Aloni Olodi – Chief of Staff (COS), Ahoada-East LGA,” the statement read.

READ ALSO:Uproar As Senate Okays Non-indigene As Rivers Electoral Commission Chairman

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Their actions resulted in bodily harm to the administrator, who continues to receive medical treatment.”

The Commissioner of Police, CP Olugbenga A. Adepoju, psc, mnips, has urged the suspects to report to the Police State Headquarters on Moscow Road, Port Harcourt, without further delay.

He also warned that anyone found aiding or shielding the suspects would face the full weight of the law.

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The Rivers State Police Command remains steadfast in its commitment to justice and maintaining public peace and safety,” the statement concluded.
(VANGUARD)

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10 Die In Ogun Night Bus Crash

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No fewer than 10 persons have been confirmed dead, while three others sustained injuries in a lone crash involving a Mitsubishi bus on the Ijebu-Ode–Ibadan Expressway.

Mr Babatunde Akinbiyi, spokesperson for the Traffic Compliance and Enforcement Corps (TRACE) in Ogun, confirmed the incident in a statement on Sunday.

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Akinbiyi said the accident occurred at about 8:30 p.m. on Friday at Ome Bridge, Awa, along Ijebu-Ode–Ibadan highway in Ijebu North Local Government Area.

READ ALSO:Ten Feared, Others Injured In Oyo Road Accident

He stated that the lone crash involved a Mitsubishi bus, registration number EJ829-LSR, which was conveying 15 passengers at the time.

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According to Akinbiyi, seven male and three female passengers died. Three others were injured, while a toddler and one adult escaped unhurt.

He said preliminary findings indicate that overspeeding and wrongful overtaking led to the accident.

READ ALSO:Seven Die, 23 Rescued In Greece Boat Accident

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Eyewitnesses said the driver wrongly overtook another vehicle at high speed and could not regain control after noticing an oncoming vehicle.

“The driver veered off the road, hit an abandoned gravel pile beside the bridge, and plunged the vehicle into the river,” Akinbiyi explained.

He said the deceased were taken to Ijebu-Ode General Hospital’s morgue, while the injured were also being treated at the same facility.

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The spokesperson urged motorists to avoid speeding and to refrain from travelling at night, stressing the importance of road safety at all times.

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