URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    This Stands Condemnable Senator Reacts To 8647 Display By Anti-Trump Protesters
    April 6, 2025
    We Are With You Even In The Mist of Crisis, PDP Govs Declares, Tells Fubara
    April 14, 2025
    National Economic Council Meeting In Aso Rock Saw In Attendance Ibas, Rivers Sole Administrator
    April 24, 2025
    Latest News
    You Can’t Subdue the Institution- Sen Zam To Natasha On WhatsApp Group
    September 11, 2025
    Abati Tackles Melaye Over Opay, Monipoint Comment, Says’ Not the Kind of Money Nigerian Govts Need’
    September 9, 2025
    Matter Still In Court, You Can’t Resume-Nigerian Senate Tells Natasha
    September 9, 2025
    Expect My Response Soon-Wike Fires Back At Tambuwal
    September 9, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: Why US Govt Files Lawsuit Against Air Peace CEO, Onyema
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Discover > Why US Govt Files Lawsuit Against Air Peace CEO, Onyema
Discover

Why US Govt Files Lawsuit Against Air Peace CEO, Onyema

urbanexpresslive
Last updated: October 13, 2024 7:41 am
urbanexpresslive
Share
4 Min Read
SHARE

Taiwo Popoola

The United States government has charged the founder and Chief Executive Officer, CEO of Air Peace, a Nigerian airline, Allen Onyema with obstruction of justice in a new indictment.

Onyema was accused of submitting false documents to halt an investigation into earlier bank fraud and money laundering charges.

The airline’s Chief of Administration and Finance, Ejiroghene Eghagha, is also charged for his role in the obstruction and previous bank fraud schemes.

The US Attorney’s Office, Northern District of Georgia in a statement on Friday said on 8 October 2024, they were both charged in a superseding indictment alleging an additional count of obstruction of justice and one count of conspiracy to obstruct justice.

The U.S. Attorney Ryan K. Buchanan said the Air Peace CEO allegedly used his airline as a front for fraudulent activities targeting the U.S. banking system.

Buchanan also alleged that when the investigation into the actions intensified, both Onyema and Eghagha reportedly tried to obstruct justice by presenting falsified documents.

“After allegedly using his airline company as a cover to commit fraud on the United States banking system, Onyema, along with his co-defendant, allegedly committed additional crimes of fraud in a failed attempt to derail the government’s investigation of his conduct,”

“The diligence of our federal investigative partners revealed the defendants’ alleged obstruction scheme, making it possible for the defendants to be held accountable for their aggravated conduct of attempting to impede a federal investigation,” he said.

Special Agent in Charge of the Drug Enforcement Administration, DEA, Atlanta Division, Robert J. Murphy, stressed the DEA’s commitment to holding individuals accountable for fraud and money laundering.

Internal Revenue Service, IRS, Special Agent Lisa Fontanette added that the superseding indictment reflects the persistent efforts of law enforcement to dismantle criminal threats, especially through task forces like the Organized Crime Drug Enforcement Task Forces (OCDETF).

The charges stem from Onyema’s alleged involvement in a scheme where, between 2010 and 2018, he transferred over $44.9 million from foreign sources into his U.S. bank accounts.

Beginning in May 2016, he and Eghagha reportedly used falsified export letters of credit to transfer more than $20 million into Onyema’s U.S. accounts under the guise of purchasing Boeing 737 aircraft for Air Peace.

However, the documents supporting the transactions were allegedly fake and Springfield Aviation, the company involved, was reportedly owned by Onyema and had no real connection to aviation.

In 2019, when Onyema learnt he was under investigation, he and Eghagha allegedly conspired to submit a backdated contract to U.S. authorities to mislead the investigation and unfreeze bank accounts.

Onyema and Eghagha were first indicted in November 2019 on charges including conspiracy to commit bank fraud, multiple counts of bank fraud, credit application fraud, and money laundering.

The recent indictment adds charges of obstruction of justice and conspiracy to obstruct justice. The case remains under investigation, and both defendants are presumed innocent until proven guilty in court.

You Might Also Like

Soldiers, Civilians Missing As Terrorist Ambush Troops In Borno

PSC Chair Insists on Respect, Equity, Merit As Police Academy Screens Applicants

Vice President’s Resident, Lagos Calabar Highway Project, Wasteful, Corrupt. Obasanjo Hit President Tinubu

Sex Hawking: How Diddy Was Removed From Suicide Watch

Tax Reform Bill, Fundamental, Golden Option for National Growth-Ofred

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Ronaldo Vs Messi: Why I want to be Like them-Chelsea’s Cole Palmer Picks Better Player
Next Article Slain CPG Members Killed,Zamfara Govts Pledges Support For Families
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Europa  League: Why Alan Shearer Named Team To Win Title This Season
Urban Sports September 12, 2025
EPL: How Aina Sidelined For Three Months With Injury
Urban Sports September 12, 2025
EPL: Big Miss-What Shearer Said Regarding Player That Has Made Arsenal Lesser Team Ahead of Nottingham Clash
Urban Sports September 12, 2025
EPL: No Ambition-Why Clichy Slams Arteta, Arsenal
Urban Sports September 12, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account