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    Esther Nnamdi-Ogbue denies ownership of $38m found in Ikoyi home

    Chronicle EditorBy Chronicle EditorApril 13, 2017No Comments2 Mins Read
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    Former Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi Ogbue
    Former Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue
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    Former Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue

    Former Managing Director, Operations at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue has denied ownership of the large sums of money: $38,000,000,N23,000,000 and £27,000 uncovered by the Economic and Financial Crimes (EFCC) from an apartment in Osborne Towers, Osborne Road, Ikoyi Lagos, Lagos State.

    Nnamdi-Ogbue in a statement by her lawyer, Emeka Etiaba SAN, said she was shocked as many other Nigerians at the uncovering and recovery of the said sums of money and wishes to salute the courage and efforts of the EFCC in the war against corruption.

    The statement reads:

    “The attention of Our Client, Mrs. Esther Nnamdi-Ogbue has been drawn to the news making round in the News Media to the effect that the large sums of money to wit: $38,000,000.00 (Thirty-Eight Million Dollars),N23,000,000.00 (Twenty-Three Million Naira) and £27,000.00 (Twenty-Seven Thousand Pounds) uncovered by the Economic and Financial Crimes (EFCC) from an apartment in Osborne Towers, Osborne Road, Ikoyi Lagos, Lagos State belong to her.

    By this Press Release, we inform the public (especially the News Media) that the said sums of money and/or the apartment where the sums of money were found do not belong to Our Client.

    Our Client is as shocked as many other Nigerians at the uncovering and recovery of the said sums of money and wishes to salute the courage and efforts of the EFCC in the war against corruption.

    She also wishes to commend the whistle blowing policy introduced by the Federal Government in the fight against corruption which policy has resulted in large scale uncovering and recovery of monies and assets.

    It is Our Client’s belief that the source and ownership of the said uncovered sums of money is known or eventually will be known by the EFCC in due course. There is therefore no need for conjecture or speculation”.

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    Motorists queue at a Nigerian filling station as petrol prices rise to N1,400 per litre, triggering transport fare increases nationwide.

    Nigerians groan as petrol hits N1,400/litre, transport fares rise

    July 25, 2026
    Cargo vessels in the Strait of Hormuz as the United Nations calls for the evacuation of thousands of stranded seafarers amid the Middle East conflict.

    UN demands safe evacuation of 6,000 sailors trapped in Strait of Hormuz

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    Enugu Air Embraer E170 aircraft after the runway excursion at Benin Airport as NSIB begins its investigation.

    Passenger recounts how Enugu Air plane with 63 aboard skids off runway

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    Inspector General of Police Olatunji Disu addresses security stakeholders during a meeting at the Benue State Government House, warning against illegal arms possession.

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    Enugu Air Embraer E170 aircraft after the runway excursion at Benin Airport as NSIB begins its investigation.

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