Police conclude probe into multi-billion corporate fraud case involving three Ghanaians and a Nigerian accused of illegally seizing control of Jonah Capital
[dropcap]C[/dropcap]orporate fraud case investigators at the Nigeria Police Force have concluded their probe into a high-profile multi-billion naira financial scandal allegedly masterminded by three Ghanaian nationals and their Nigerian accomplice.
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The suspects, Samuel Jonah, Kojo Ansah, Victor Quainoo, and Abu Arome, are accused of a criminal scheme to seize control of Jonah Capital Nigeria Limited and its major interests in Houses for Africa Nigeria Limited and River Park Estate.
The Force, through its Public Relations Officer, Muyiwa Adejobi, confirmed on Friday that charges would soon be filed against the accused.
The statement outlined a detailed account of how the suspects allegedly forged official documents, manipulated company records, and falsely claimed Nigerian citizenship in an attempt to mislead the Corporate Affairs Commission (CAC) and gain control of valuable real estate holdings.
“In-depth investigations revealed that the accused had illegally increased the company’s share capital and allocated 99 million shares to themselves using falsified documents and forged signatures,” Adejobi said.
“They also falsely presented themselves as Nigerian citizens to the CAC to facilitate their fraudulent activities.”
The Police further noted that despite multiple invitations, the suspects refused to appear before investigators. Instead, they allegedly initiated smear campaigns targeting the Inspector-General of Police, the Nigeria Police Force, and the officers handling the matter.
Contrary to some recent media reports suggesting exoneration, Adejobi clarified that no such clearance had been issued by any investigative panel.
He insisted that the suspects remained wanted for interrogation and prosecution.
“Despite multiple invitations that they have refused to honour, they have instead launched smear campaigns against the person and office of the IGP, the NPF, and the investigating officers, and also filed baseless legal actions against the Police Force,” Adejobi added.
In line with international diplomatic norms, the Ghanaian High Commission has been officially informed of the situation.
The Police say this move paves the way for formal prosecution on charges that include criminal conspiracy, corporate fraud, forgery, impersonation, and obstruction of justice.
The case has attracted public attention due to the scale of the alleged fraud and the involvement of foreign nationals in what police describe as an elaborate corporate hijack.
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Legal experts suggest the outcome could have wider implications for corporate governance, foreign investment credibility, and the integrity of Nigeria’s business registration processes.
Oreoluwa is an accountant and a brand writer with a flair for journalism.
