Skip to content
August 3, 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
  • Ex-MINT Boss, Okoyomon, Awaits Extradition as UK Court Convicts Australian Accomplice
  • National News

Ex-MINT Boss, Okoyomon, Awaits Extradition as UK Court Convicts Australian Accomplice

Admin May 13, 2016

Emmanuel OkoyomonA former manager of a polymer banknote manufacturer, Securency International Pty Ltd of Australia, Peter Chapman, who allegedly bribed Emmanuel Ehidiamhem Okoyomon, a former Managing Director of Nigerian Security, Printing and Minting Company, NSPMC, (facing extradition proceedings in Nigeria), to secure a “multi-million-euro” contract, was on May 11, 2016 convicted by a Southwark Crown Court in the United Kingdom, UK.

The news of his conviction was today relayed by Serious Fraud Office, SFO, to the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, who was on a visit to the SFO in London. The visit was part of efforts to strengthen cooperation between the SFO and the EFCC.

The trial of Chapman, according to the SFO, began on April 4, 2016. Among other allegations, he was said to have paid bribes in order to secure orders for the purchase of reams of polymer substrate from Securency. The total value of the bribes, he was convicted of paying to the agent was approximately $205,000.

The SFO’s director, David Green, said, “This has been a long, detailed investigation and a complex prosecution involving assistance from a wide range of jurisdictions. Crimes like this damage the UK’s commercial reputation and this conviction shows that such activity will not be tolerated.”

In expressing its delight at the successful prosecution of Chapman, the SFO expressed gratitude to the EFCC, along with other law enforcement agencies including Australian Federal Police, the National Crime Agency, the Metropolitan Police, the Central Authority of Nigeria and authorities in Brazil, the Seychelles, South Africa, Canada and Spain for their assistance in this case.

Chapman was arrested at Heathrow Airport in April 2015, having been extradited from Brazil, and was charged with six offences under the Prevention of Corruption Act 1906 on April 30, 2015.

His co-accused, Okoyomon, who arrested by the EFCC for his role in the bribery scam, is however, currently battling to stop his extradition from Nigeria to the UK for trial. Justice E. S. Chukwu of a Federal High Court, Abuja, had on May 4, 2015 ordered that Okoyomon be extradited to the UK to face charges of corruption and money laundering.

However, Okoyomon, through his counsel, Alex Izinyon, SAN, approached the Court of Appeal, seeking for a stay of execution of the order of the court. Through his other counsel, Mike Enahoro, he had also approached a Federal Capital Territory, FCT, High Court sitting in Apo, Abuja, seeking to be granted bail from prison, where he had been remanded after Justice Chukwu ordered his extradition.

However, on September 11, 2015, Justice Valentine Ashi of the FCT High Court sitting in Apo, Abuja ruled as an abuse of court process, the bail application brought before it by Enahoro. The trial judge had berated Okoyomon’s counsels for deliberating employing delay tactics to frustrate his extradition to the UK for trial.

In the meantime, Okoyomon awaits the ruling of the Court of Appeal on his application seeking for a stay of execution on the Federal High Court’s order that he be extradited to the UK for trial, just as Brazil did for Chapman.

Okoyomon’s extradition is being sought by the UK government over his alleged role in the bribery allegation involving officials of Central Bank of Nigeria, CBN, the NSPMC and Securency International Pty Ltd of Australia between 2006 and 2008.

 

 

 

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

Post navigation

Previous Breaking News: Former Securency manager jailed 30 months for Nigeria bribes
Next Magu Not in Contempt of Court -EFCC

Related Stories

Sahara Upstream deploys new tanker to Nigeria’s OML 18 oil field Sahara Energy
  • National News

Sahara Upstream deploys new tanker to Nigeria’s OML 18 oil field

August 3, 2026
Sokoto Attack: Six family members burned to death, women, children abducted  police
  • National News

Sokoto Attack: Six family members burned to death, women, children abducted 

August 3, 2026
Taraba Govt Signs 3 EOs to tackle political thuggery, illegal mining, drug abuse
  • National News

Taraba Govt Signs 3 EOs to tackle political thuggery, illegal mining, drug abuse

August 3, 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

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal reserves crude oil
  • Business & Economy

Oil prices drop after Trump cancels attack on Iran to seek nuclear deal

August 3, 2026
Product tanker carrying Russian cargo reroutes around Africa after Red Sea U-turn
  • International News

Product tanker carrying Russian cargo reroutes around Africa after Red Sea U-turn

August 3, 2026
Sahara Upstream deploys new tanker to Nigeria’s OML 18 oil field Sahara Energy
  • National News

Sahara Upstream deploys new tanker to Nigeria’s OML 18 oil field

August 3, 2026
Death toll from migrant rush into Spanish enclave in North Africa rises to 72 federal government
  • International News

Death toll from migrant rush into Spanish enclave in North Africa rises to 72

August 3, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.