There is a general notion that most billionaires often come in for a lot of criticism. Whether justified or not, there are some out there who are doing their best to break the mold. From being socially responsible to giving generously or mentoring start-ups entrepreneurs, some members of this wealthy class do not see being rich to mean being bad.
Thus they open their wings for others to fly. One of these few is the billionaire aviation mogul, and Chairman of Air Peace, Nigeria’s leading airline, Allen Onyema.
While the trained lawyer understands that some persons could have been in a situation in their lives when they did something good but had an horrid experience in return, he has, however, continued to be a boon to so many struggling entrepreneurs and start-ups who have enjoyed his mentorship and support them to grow. And he hasn’t stopped till date. But in recent times, there have been negative stories in the media about him by some unscrupulous elements that never seen anything good in anyone.
While this stories was being circulated , many who know him for being straightforward and honest argued that there must be a kind of mistake somewhere.
It was gathered that those people were right after all, as he has finally been exonerated.
After three years of investigation involving about five agencies of the American government and the subsequent legal fireworks, the District Court in Atlanta, Georgia has finally exonerated Onyema of any business fraud.
The court, which discovered that there was no loss against any bank in the indictment suit filed by the Attorney for the Northern District of Georgia, however, ordered a probation and $4000 fine against a former staff of Springfield Aviation Company Inc., Ebony Mayfield on Friday.
A statement by the law firm of Augustine Alegeh & Co., counsel to the Airline, explained that Mayfield was an administrative staff of Springfield with limited knowledge in Letter of Credit Transactions, who pleaded guilty to one count in the indictment, presumably as she realised the futility of attempting to explain several Letters of Credit utilised for purchase of aircraft for Air Peace Limited in a jury trial.
Probation, the firm explained, is the lowest possible sentence available under American Federal Law. The firm noted that there have been false and unsubstantiated press stories in Nigeria, about the indictment.
“Our clients never took loans or credit from any American Bank and Mayfield was never paid the sum of $20,000 at any time to commit any fraud, as it is being peddled by a section of the Nigerian Press.
“There was no loss of money or any damage whatsoever to any third party. The American government admitted in Court that no bank suffered any financial loss in the matter.
“Mayfield, like other Springfield Aviation Company Inc. staff was only paid her bi-weekly salary and/or allowances,” it clarified.
According to the firm, the decision confirmed the position of its clients that there was no fraudulent intent in all the Letters of Credit, because there was no victim in any way, manner or form.
All the funds involved, it explained, were legitimate funds belonging to its clients.
“Our clients maintain their innocence in the matter and state that all steps taken in respect of the Letters of Credit were taken in good faith and with legitimate funds.
“All the aircrafts involved were brought into Nigeria and utilised in the operations of Air Peace Limited. There was no victim. There was no loss of funds to any person and there was no criminal intent whatsoever.
“Our client’s position has been reviewed by various Law Enforcement Agencies in Nigeria and no evidence of criminality has been established against them. Our Clients remain resolute in the assertion of their innocence,” the firm declared.
Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to capture the energy of a smarter and more seamless banking experience, the jingle is bright, catchy, and full of life. It reflects a platform built to simply work, pairing sound with innovation as ALAT: The Evolution steps forward with enhanced features and a refreshed user experience.
Everyday banking can often feel routine or even stressful, with multiple steps and delays slowing things down. The ALAT: The Evolution jingle reimagines that experience with a lively and confident tone that mirrors the app’s capabilities. From voice banking with SAW to Tap and Pay and bank uptime prediction, each feature is echoed in the rhythm and flow of the sound. It brings to life the speed, convenience, and reliability that define this new phase of ALAT: The Evolution.
More than just music, the ALAT: The Evolution jingle represents a clear statement of intent. It signals a shift towards banking that feels natural, responsive, and in tune with the user. As customers update their app and explore ALAT: The Evolution, the jingle serves as a reminder that a better, smoother way to bank is already here. Wema Bank is not just evolving its technology; it is shaping how banking feels.
The Zamfara State Government, under the visionary leadership of Governor Dauda Lawal, has approved the release of funds for the payment of Gratuity Batch 3 for the 2024/25 period. This decisive action underscores the administration’s unwavering commitment to the welfare of retired civil servants who dedicated years of service to the state’s development.
The Accountant General of the State is already working diligently to ensure that all eligible retirees receive their payments promptly and efficiently, reflecting the government’s resolve to uphold transparency and accountability in the disbursement process.
This timely gratuity payment is a testament to Governor Dauda Lawal’s people-centered leadership, which recognizes the sacrifices and contributions of retirees to the progress and stability of Zamfara State. It also reaffirms the government’s pledge to honor its financial obligations without unnecessary delays.
The Zamfara State Government calls on all retirees in the affected batch to exercise patience as the necessary administrative and financial processes are finalized. Every effort is being made to ensure smooth and uninterrupted payments.
This initiative is part of Governor Dauda Lawal’s broader vision to empower citizens and retirees, strengthen confidence in public service, and sustain the morale of those who have committed their lives to the growth of Zamfara State.