• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

Journalists call out BUA Group over blackmail, indict ousted CBN boss, Emefiele

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
August 6, 2023
in Crime
0 0
0
Abdul Samad Rabiu and Godwin Emefiele

Abdul Samad Rabiu and Godwin Emefiele

thenacre-campaign
Odun Ifa 2026
ADVERTISEMENT
Perfect-Aesthetic-social-1
adron lemon friday

Two Nigerian journalists, Fejiro Oliver and Desmond Ike-Chima, publishers of Secret Reporters and ENigeria Newspaper, have accused Abdul Samad Rabiu-led BUA Group of blackmail and sponsoring a false media campaign against them.

According to the journalists, BUA Group is behind an alleged skewed narrative being circulated in a section of the media with the intention of tarnishing their hard-earned reputation and deceiving the discerning public.

Recommended articles

  • Sen. Yayi’s aide, Adeniyi Sanni, allegedly shot dead in Lagos by unknown gunmen
  • DSS interrogates Ogun SSG, Talabi, over printing press, palliatives
  • I apologise again, Bosun Tijani writes after ministerial screening
  • Party member, Akin Akinwale, bemoans APC youths’ fate, says they’ve suffered

This was after a detailed investigative report published on their news platforms, Secret Reporters and ENigeria Newspaper, which went viral, revealed the involvement of BUA Group, under the watch of Rabiu, in alleged forex dealings with the Central Bank of Nigeria while the now-ousted former Governor, Godwin Emefiele, was at the helm of the bank.

According to Oliver and Ike-Chima, the report, which featured dates and account numbers when the transactions were carried out, rattled the management of BUA, who, in a frantic move to save face, resorted to cheap blackmail tactics.

A press statement signed by the journalists reads, “It has come to our collective attention that a campaign of calumny, falsehood, and deliberate manipulation of truth is being spearheaded and circulated by Abdul Samad Rabiu-led BUA Group in a carefully choreographed half-truth rebuttal to achieve a skewed narrative to deceive the discerning public and also to tarnish innocent and hardworking investigative journalists.

“Curiously, the reference to BUA’s forex activities published in selected dailies does not represent the entire picture, as it was only a smokescreen to further obfuscate the matter.

“Typically, we would have remained mute and not dignified them with a response on this issue since we have solid evidence to back our report; importantly too, the trove of documents within our arsenal reeks of stench as our next publications would reveal, but these are precarious times when silence is classed as acquiescence; uninteresting times when dogs eat fellow dogs.

“Consequently, it is pertinent to state that Abdul Samad Rabiu-led BUA Group has failed to address the crux of the matter, and rather than resort to name-calling and blackmail as a way of avoiding the underlying issue raised in our report, we challenge them to come clean as we will never be cowed into silence by any individual(s) or corporations in whatever guise they come.

“Conclusively, we make bold to say that we are not interested in trafficking in a conversation to nowhere, as the auspicious appointment of Mr. Osayande Obazee-led investigation into the operations of the Central Bank of Nigeria (CBN) over the years will reveal a Pandora’s box of financial sleaze involving BUA and other corporations that have shortchanged the Nigerian economy.

“And for the avoidance of doubt, we stand by our story.”

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.

Also read

  • NDLEA arrests 80, clears 16 drug joints in Kano
  • IGP Disu sounds tough warning over Nigeria’s mob killings

Related Posts

WhatsApp Image 2021 02 15 at 10.26.50 AM
Crime

‘Hang him!’ Court sentences Ex-SARS officer to death for killing businessman

by Freelanews
February 15, 2021
joe biden speech white house photo by adam schultz scaled
Crime

Finally, Joe Biden imposes visa restrictions on specific Nigerians over 2023 elections

by Rtn. Victor Ojelabi
May 15, 2023
quotes 1
Crime

’11yrs after her demise’ IGI refuses to pay deceased’s entitlement (Document)

by Freelanews
June 2, 2022
GTBANK PS 1
Crime

‘Incomplete transaction’ More headaches for Miriam Olusanya as customer calls out GTBank over missing N95k

by Freelanews
May 28, 2022
Kitan Oyesiku
Crime

Gunmen kill veteran broadcaster Kitan Oyesiku

by Reni
June 21, 2026

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

NDLEA

NDLEA arrests 80, clears 16 drug joints in Kano

August 18, 2026
Davido

Davido rules out politics over Nigeria’s flawed system

August 18, 2026
BBNaija

BBNaija S11: Neche reveals why she left the show

August 18, 2026
IGP Disu

IGP Disu sounds tough warning over Nigeria’s mob killings

August 18, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
NDLEA

NDLEA arrests 80, clears 16 drug joints in Kano

August 18, 2026
Davido

Davido rules out politics over Nigeria’s flawed system

August 18, 2026
BBNaija

BBNaija S11: Neche reveals why she left the show

August 18, 2026
IGP Disu

IGP Disu sounds tough warning over Nigeria’s mob killings

August 18, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Ogogo

    BREAKING: Nollywood actor Ogogo seriously ill with stage 4 cancer (VIDEO)

    0 shares
    Share 0 Tweet 0
  • Kemta Ogboni house sealed amid Yayi dispute

    0 shares
    Share 0 Tweet 0
  • Lagos to host All Nigeria Peace Summit 25 years after Cape Town

    0 shares
    Share 0 Tweet 0
  • Primate Ayodele warns Tinubu of 2027 defeat

    0 shares
    Share 0 Tweet 0

Just Published!

NDLEA

NDLEA arrests 80, clears 16 drug joints in Kano

August 18, 2026
Davido

Davido rules out politics over Nigeria’s flawed system

August 18, 2026
BBNaija

BBNaija S11: Neche reveals why she left the show

August 18, 2026
IGP Disu

IGP Disu sounds tough warning over Nigeria’s mob killings

August 18, 2026
Free digital skills

FG launches free digital skills programme for 36,000

August 18, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.