The Nigeria Police Force says its has concluded its investigation on the criminal investigation and imminent prosecution of four individuals - three of whom are foreign nationals - who have been implicated in a complex and coordinated conspiracy to fraudulently take over a Nigerian-owned company.
Speaking with Journalists in Abuja on Friday, the Force Public Relations Officer, ACP Olumuyiwa Adejobi revealed that the NPF will proceed with the prosecution of the suspects for offences including corporate fraud, forgery, criminal conspiracy, criminal breach of trust, impersonation, criminal trespass, and attempted obstruction of justice.
ACP Adejobi said the NPF investigation has uncovered overwhelming evidence that individuals under investigation are Samuel Esson Jonah, Kojo Mensah Ansah, and Victor Quainoo - all citizens of the Republic of Ghana; alongside their Nigerian collaborator, Abu Arome engaged in a deliberate and fraudulent scheme to alter the corporate structure of JonahCapital Nigeria Limited.
He noted that what NPF is dealing with is not a civil business disagreement nor a diplomatic misunderstanding. "This is a criminal case that goes to the very heart of Nigeria’s corporate integrity and institutional security.
He added that the deliberate presentation of forged identities and documents to infiltrate and manipulate state institutions such as the Corporate Affairs Commission is not only criminal but deeply injurious to national sovereignty. No country would tolerate the criminal exploitation of its corporate and legal systems by foreign actors, and Nigeria will not be the exception.
"Specifically, it has been established that the suspects increased the company’s share capital from one million (1,000,000) to one hundred million (100,000,000) shares without lawful authority or the consent of the legitimate owners while allocating ninety-nine million (99,000,000) of these shares to themselves.
"This action, designed to dilute and usurp ownership, was carried out through the submission of falsified board resolutions and forged signatures, including that of Dr. Adeniran Ogunmuyiwa and Mr. John Richard Johnson, a South African national and co-financier of the business.
In an even more brazen act, two of the Ghanaian suspects, Samuel Jonah and Kojo Mensah, falsely presented themselves to the Corporate Affairs Commission as Nigerian citizens, thereby deceiving the Commission into accepting fraudulent documents and authorizing illegal corporate alterations.
In addition to these corporate forgeries, our investigation has confirmed that the purported acquisition of shares in Houses for Africa Nigeria Limited by the accused was invalid and obtained under false pretences. Under Nigerian law, fraud vitiates consent, and where consent is absent, no contract, corporate or civil, can be considered valid.
Therefore, the legitimate ownership of Houses for Africa Nigeria Limited and its subsidiary rights in River Park Estate remain with Paulo Homes Limited, under the leadership of Mr. Paul Odili, who lawfully acquired 8,000,000 shares through a valid and fully executed agreement between the original co-owners, Dr. Ogunmuyiwa and Mr. Johnson.
The accused parties have since mounted a coordinated misinformation campaign, falsely claiming they have been exonerated by a Special Investigation Panel set up by the Nigeria Police Force. This is categorically false. The said panel, in paragraph 5.8 of its report, recommended that the case files be forwarded to the Force Legal Department for vetting and that the IGP Monitoring Unit should retain custody of the files pending further directives. This procedural recommendation does not exonerate the suspects; rather, it paved the way for continued action and possible prosecution based on subsequent findings, which are now conclusive and compelling.
Despite multiple official invitations, including Ref. No. CR:3000/IGP.SEC/MU/T.4/ADM/ABJ/VOL.118/25 dated 2nd June 2025, which scheduled a meeting for 11th June 2025, the suspects have persistently failed to honour a lawful summons. Instead, they have resorted to filing baseless lawsuits, staging press conferences, and maliciously accusing the Inspector-General of Police and senior investigators of bias - claims which are entirely unsubstantiated and designed to derail the course of justice. A letter of diplomatic notification has also been sent to the Ghanaian High Commission, dated 24th June 2025, in accordance with international protocol and in the spirit of transparency."
The Force PRO reaffirmed that Nigeria remains a country governed by the rule of law. "We welcome genuine foreign investment and international partnerships that operate within the confines of legality and mutual respect. However, no individual, foreign or local, will be permitted to undermine our legal systems, dispossess Nigerian citizens of their legitimate assets, or distort facts in the global media to escape accountability.
The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, reiterates the commitment of the Nigeria Police Force to professionalism, impartiality, and justice. We urge the media, the public, and our diplomatic partners to respect the investigative and judicial processes now underway and refrain from narratives that may be injurious to truth, fairness, or international relations.