Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Land Speculators Swindle Soldiers, Others Of N7.3Million
  • National News

Land Speculators Swindle Soldiers, Others Of N7.3Million

Admin March 10, 2014

By Wisdom Patrick, Lagos

land speculatorPolice detectives at the Special Fraud Unit, SFU, said they have arrested two land speculators who allegedly duped some senior military personnel and other innocent Nigerians of about N8Million using imaginary landed property in Ofada, Ogun State as bait.

Deputy Commissioner of Police (DCP) SFU, Adamu Muazu, told our correspondent that the department received a petition dated 8th March, in which the complainants allegedly said, “sometime in September 2010, the duo of Ayoade Precious Abidemi and Tope Ajisigiri Kehinde approached the victims and told them that they have a large expanse of land for sale at Ofada, Ogun State.”

The Police chief said that the military personnel having indicated their interest, paid the sum of N7.3 million to them with the expectation that the land will be allocated to them.  “Their suspicion was aroused when they requested for title document but were presented with forged survey plan, and subsequently the sellers started cat and mouse game with the soldiers.”

The suspects were arrested and investigation revealed that Ayoade Precious Abidemi is 29 years old, a graduate of Yaba College of Technology and the Managing Director of Ampris Global Resources.

Upon interrogation, Police discovered that the suspect, Ayoade Precious Abidemi, registered his company in 2009 to sell and develop estate and that he had an agreement with a family to purchase 200 acres of land which he has started paying for in tranches.  He however admitted obtaining the said sum from the Complainants but claimed that he had no intention to defraud them since he had allocated some plots to some of the buyers.

He confessed that he had not processed the certificate of occupancy with Ogun State Land Registry, but stated that he had sent an application to that effect.  He however promised to refund all the Complainants their money.

Police said the second suspect, Tope Ajisigiri  Kehinde, a 30year old graduate of Olabisi Onabanjo University, Ago-Iwoye allegedly started working with Ampris Global Resources as Property Consultant and rose to the post of Business Development Manager.

“She marketed the land to the Complainants and provided them with the company’s account number where they paid in their money for subscription.  She equally collected some cash from the buyers.  She admitted the crime but stated that she did not intend to defraud the complainants.”

Police said the duo of the suspects would soon appear in court soon after investigation into the case is completed.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews2 newsbar recommended secondaryfeatured

Post navigation

Previous Police Arrest Man, 39, With 25 Saving Account Booklets
Next Boko Haram: Operatives Track Bank Accounts of Governors, Embassies

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd PIA
  • Business & Economy

NUPRC unveils 143 bidders for 37 oil assets in licensing round, targeting 300,000bpd

July 21, 2026
Father Sues 27-Year-Old Daughter Over Marriage Delay Ecommerce
  • Metro News

Father Sues 27-Year-Old Daughter Over Marriage Delay

July 21, 2026
Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.