Sports

US Charges Ex-Tingo Group CEO Dozy Mmobuosi With Fraud

Published

2 years ago

January 3, 2024

A former chief executive officer of Tingo Group, Odogwu Banye Mmobuosi, a.k.a. “Dozy Mmobuosi, has been charged with fraud by U.S. prosecutors in Manhattan.

The prosecutors have charged the 45-year-old with fraud, conspiracy, and forgery by falsifying documents and deceiving investors with false US Securities and Exchange Commission filings.

The United States Attorney for the Southern District of New York, Damian Williams, and James Smith, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (FBI), announced Mmbuosi’s indictment on Tuesday.

Damian Williams said: “Dozy Mmobuosi allegedly orchestrated a massive scheme to inflate Tingo Group’s financial statements and make it appear as though the cellular and agriculture companies he founded were profitable and cash-rich companies when, in fact, they were not. With this indictment, Mmobuosi’s alleged deceitful scheme comes to an end.”

Mmbuosi had unsuccessfully tried to buy Premier League side Sheffield United.

The prosecutors also stated that Mmbuosi, through 2019–2023, “orchestrated a scheme to enrich himself by falsely representing that Nigerian companies he founded, Tingo Mobile and Tingo Foods, were operational, profitable businesses generating hundreds of millions of dollars in revenue, respectively.”

The three-count charge against Mmbuosi carries different sentences; with one count of conspiracy, which carries a maximum sentence of five years in prison, one count of securities fraud under Title 15, which carries a maximum sentence of 20 years in prison, and one count of making false filings with the SEC, which carries a maximum sentence of 20 years in prison.

The prosecutors stated that Mmbuosi is still at large.

Sports

CRASH: Anthony Joshua Opens Up On Friends’ Death

Published

21 hours ago

January 8, 2026

Editor

Former world heavyweight champion, Anthony Joshua, has said the death of his two friends posed a tough time for him.

Recall that a car conveying the boxer earlier this month, rammed into a stationary truck along the Lagos-Ibadan Expressway.

The accident claimed that lives of his personal trainer, Kevin Latif Ayodele, and his strength and conditioning coach, Sina Ghami.

In a post on his verified Facebook page on Thursday, the former heavyweight champion said it was tough for him.

Joshua acknowledged that the incident was “even tougher” for the parents of the deceased.

He wrote, “Thank you for all the love and care you have shown my brothers. I didn’t even realise how special they are.

“I’ll just be walking with them and cracking jokes with them, not even knowing God kept me in the presence of great men.

“100% it’s tough for me, but I know it’s even tougher for their parents. I have a strong mind, and I believe God knows their hearts. May God have mercy on my brothers.”

Sports

NPFL: Kano Pillars Sack Two Players

Published

22 hours ago

January 8, 2026

Editor

Kano Pillars have announced the departure of the duo of Umar Sani Yakasai Samuel Tiza.

Yakasai and Tiza’s contracts were terminated by the Kano-based club.

The Sai Masu Gida confirmed the development in a statement on Wednesday.

“Kano Pillars FC wishes to announce that, following a mutual understanding, the club have amicably parted ways with striker Samuel Tiza and midfielder Umar Sani Yakasai,” Kano Pillars wrote in a statement confirming the players departure.

“Both players will now continue their careers elsewhere ahead of the second stanza of the 2025/2026 Nigeria Premier Football League season.”

Kano Pillars is expected to make up for their departure with the signing of new players.

Sports

AFCON: It’s Not Possible – NSC On Super Eagles Players Requesting Cash Payment

Published

22 hours ago

January 8, 2026

Editor

Chairman of the National Sports Commission, NSC, Shehu Dikko, has insisted that it is not possible to pay the Super Eagles of Nigeria their match bonus in cash.

Dikko stated this while clarifying the situation about Super Eagles match bonuses following reports of players threatening to boycott training and refusing to travel to Marrakech for Nigeria’s 2025 Africa Cup of Nations, AFCON, quarter-final clash against Algeria on Saturday.

He spoke on Thursday during an appearance on Channels Television’s The Morning Brief.

“Clearly, the players requested whether they could get some of these in cash, and they were told it’s not possible,” Dikko said.

“These bonuses are not paid in cash; they have to be paid through the bank, which is the normal procedure.

“The only ones they agreed to pay in cash are the daily allowances.”

The Super Eagles progressed to the last-8 after humiliating Mozambique 4-0 in the AFCON Round of 16.

Meanwhile, Nigeria’s Minister of State for Finance, Doris Nkiruka-Anite, had earlier disclosed that the Super Eagles players will start receiving their bonus money alerts today or tomorrow before the Algeria clash.