Nigerian AGF Fagbemi Overturns Police Probe on Ghanaian Businessmen, Confirms No Case of Fraud or Forgery The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, SAN, has formally nullified the Nigeria Police Force investigation led by CP Akin Fakorede into Ghanaian businessmen, including Sir Samuel Esson Jonah, citing lack of evidence. Following a review of case files, the AGF confirmed that no prima facie case of forgery or fraud existed against the businessmen, effectively discontinuing the 26-count charge. Fagbemi affirmed the findings of the 13-man Special Investigation Panel (SIP) led by DCP Imam as comprehensive and unbiased. The AGF described the Monitoring Unit’s probe as legally defective, misleading, and an inappropriate attempt to criminalize a commercial dispute, contrary to the Administration of Criminal Justice Act, 2015. The AGF also directed the Corporate Affairs Commission (CAC) to restore the original ownership and shareholding structure of Jonah Capital Nigeria Limited and Houses for Africa Nigeria Limited, reversing unauthorized changes made in December 2025. The decision followed international attention, including a petition by Ghana’s Foreign Minister over harassment of Ghanaian investments in Nigeria. : #LateefFagbemi #NigerianAGF #GhanaianInvestments #PoliceProbeOverturned #JonahCapital #HousesForAfrica #NigeriaLaw

ICPC Set To Investigate CAC Registrar-General Magaji Over Alleged Corporate Record Alterations The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is poised to probe the Registrar-General of the Corporate Affairs Commission (CAC), Mr. Hussaini Ishaq Magaji, SAN, following allegations by Ghanaian investors in JonahCapital Nigeria Ltd and Houses For Africa Nigeria Ltd. The investors claim Magaji unlawfully altered corporate records, expropriated shares, and removed directors connected to the River Park Estate project in Lugbe, Abuja. They argue that these actions bypassed court authority, jeopardized banking relationships, and undermined ongoing civil suits. The petitioners are calling for a full reversal of the administrative actions, restoration of company records, and prosecution of the CAC Registrar-General for abuse of office.

JonahCapital Nigeria Denies Ghanaian Ownership Claims, Confirms Wholly Nigerian Status JonahCapital Nigeria Limited and Houses for Africa Nigeria Limited have denied claims that Ghanaian national Samuel Jonah owns JonahCapital Nigeria. In a statement, the companies clarified that Jonah was only invited as a shareholder at inception, never served as a director, and relinquished his shares in 2007. They allege that in 2024, Jonah unlawfully executed a board resolution using forged documents to claim 99 million shares, displacing the legitimate Nigerian owners. Following a police investigation confirming the forgery, criminal charges were filed against Jonah, his associates, and a Nigerian lawyer involved. The companies also claim that while court orders restrain unfair administrative actions, the Ghanaian parties have attempted to manipulate regulatory processes and media narratives to advance their claims.