BREAKING: "I Am Innocent" - Allen Onyema
By Ufuoma Egbamuno
Mixed reactions have greeted the news of Nigerian businessman Allen Onyema who has been “charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes.”
Just when we are still celebrating our darling Allen Onyema, after his heroic rescue of Nigerians from Xenophobic South Africa, US Dept of Justice releases a damning report on allegations of fraud & money laundering totalling $20m by Air Peace CEO. Urrgh! https://t.co/XrP35EEMLb— Ayò Bánkólé (@AyoBankole) November 22, 2019
Onyema, CEO of popular Nigerian airline, Air Peace, alongside the company’s Chief of Administration and Finance, Ejiroghene Eghagha, were charged by the US Department of Justice (DOJ)’s Northern District of Georgia.
While Onyema has to deal with “bank fraud and money laundering,” charges, Eghagha has to deal with “bank fraud and committing aggravated identity theft in connection with the scheme,” according to a statement put out by the DOJ.
Staying away from Allen Onyema debates today because you people don’t have sense and it will quickly degenerate into tribalism.— A Fokken Queen! 👑 (@cremechic11) November 23, 2019
However, because of the goodwill he has in my eyes, I really do wish him all the best in this case. 🤷🏽♀️
According to US Attorney Byung J. Pak, “Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud. We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.”
Also, speaking, the Special Agent in Charge of the DEA Atlanta Field Division, Robert J. Murphy insists that the Air Peace CEO’s status as a businessman “turned out to be a fraud.”
“He corrupted the U.S. banking system, but his trail of deceit and trickery came to a skidding halt,” Murphy noted.
But Onyema has refuted the allegations insisting that they “are false and are in no way in line with my character as a person and as a business man. In a statement, the Air Peace CEO insisted that he was “innocent.”
“I am innocent of all charges and the US government will find NO dirt on me because I have never conducted business with any illegalities,” Onyema noted.
But the story has divided opinions amongst Nigerians.
I’ve been thinking & it seems getting people out of SA for free was the PR needed to stay in the soft side of Nigerian hearts. Air Peace & Allen Onyema (possibly) knew this storm was coming(investigations been on for months).— Ediye (@iamOkon) November 23, 2019
He’s of course presumed innocent until proven guilty.
Read this Allen Onyema indictment, I am not a lawyer but from the little I know, I think it's bogus.— Ikenna Ronald Nzimora (@ronaldnzimora) November 23, 2019
First they didn't say he stole anybody money.
Second the monies were transfered from his accounts in Njgeria to his other business' account in the USA and used to buy planes.
US indicts CEO of Air peace Allen Onyema of bank fraud.— Wemimo Adewuni (@wemimospot) November 23, 2019
The allegation is around the movement of $20m from Nigeria to the US to buy planes with "false documents".
Innocent till proven guilty.https://t.co/h0mlHHC52U pic.twitter.com/31XWmgGZFi
READ FULL DOJ STATEMENT
CEO of Nigerian airline indicted for bank fraud and money laundering
ATLANTA – Allen Ifechukwu Athan Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes. The international airline’s Chief of Administration and Finance, Ejiroghene Eghagha, has also been charged with bank fraud and committing aggravated identity theft in connection with the scheme.
“Onyema allegedly leveraged his status as a prominent business leader and airline executive while using falsified documents to commit fraud,” said U.S. Attorney Byung J. “BJay” Pak. “We will diligently protect the integrity our banking system from being corrupted by criminals, even when they disguise themselves in a cloak of international business.”
Robert J. Murphy, the Special Agent in Charge of the DEA Atlanta Field Division commented on the indictment, “Allen Onyema’s status as a wealthy businessman turned out to be a fraud. He corrupted the U.S. banking system, but his trail of deceit and trickery came to a skidding halt. DEA would like to thank the many law enforcement partners and the subsequent prosecution by the U.S. Attorney’s Office who aided in making this investigation a success.”
“This case is a prime example of why IRS-CI seeks to partner and leverage its expertise in an effort to thwart those seeking to exploit our nation’s financial system,” said Thomas J. Holloman, IRS-Criminal Investigation Special Agent in Charge of the Atlanta Field Office. “With the importance of our banking system to the movement of money around the world, those attempting to use intricate schemes to commit bank fraud through the use of falsified documents and other means should know that the odds are now heavily stacked against them as law enforcement is combining its talents to protect the sanctity and integrity of the nation’s financial system.”
“Onyema setup various innocent sounding multi-million dollar asset purchases which were nothing more than alleged fronts for his scam,” said acting Special Agent in Charge Robert Hammer, who oversees HSI operations in Georgia and Alabama. “I’m proud to be part of a team of law enforcement agencies that come together to identify and attack criminals that attempt to profit from the exploitation of our nation’s financial systems.”
According to U.S. Attorney Pak, the indictment, and other information presented in court: Onyema, a Nigerian citizen and businessman, is the founder and Chairman of several organizations that purport to promote peace across Nigeria, including the Foundation for Ethnic Harmony, International Center for Non-Violence and Peace Development, and All-Time Peace Media Communications Limited.
Beginning in 2010, Onyema began travelling frequently to Atlanta, where he opened several personal and business bank accounts. Between 2010 and 2018, over $44.9 million was allegedly transferred into his Atlanta-based accounts from foreign sources.
Onyema is also the CEO and Chairman of Nigerian airline Air Peace, which he founded in 2013. In years following the founding of Air Peace, he traveled to the United States and purchased multiple airplanes for the airline. However, over $3 million of the funds used to purchase the aircraft allegedly came from bank accounts for Foundation for Ethnic Harmony, International Center for Non-Violence and Peace Development, All-Time Peace Media Communications Limited, and Every Child Limited.
Beginning in approximately May 2016, Onyema, together with Eghagha, allegedly used a series of export letters of credit to cause banks to transfer more than $20 million into Atlanta-based bank accounts controlled by Onyema. The letters of credit were purportedly to fund the purchase of five separate Boeing 737 passenger planes by Air Peace. The letters were supported by documents such as purchase agreements, bills of sale, and appraisals proving that Air Peace was purchasing the aircraft from Springfield Aviation Company LLC, a business registered in Georgia.
However, the supporting documents were fake — Springfield Aviation Company LLC, which is owned by Onyema and managed by a person with no connection to the aviation business, never owned the aircraft, and the company that allegedly drafted the appraisals did not exist. Eghagha allegedly participated in this scheme as well, directing the Springfield Aviation manager to sign and send false documents to banks and even using the manager’s identity to further the fraud. After Onyema received the money in the United States, he allegedly laundered over $16 million of the proceeds of the fraud by transferring it to other accounts.
Allen Ifechukwu Athan Onyema, 56, of Lagos, Nigeria, and Ejiroghene Eghagha, 37, of Lagos, Nigeria, were indicted on November 19, 2019, on one count of conspiracy to commit bank fraud, three counts of bank fraud, one count of conspiracy to commit credit application fraud, and three counts of credit application fraud. Additionally, Onyema was charged with 27 counts of money laundering, and Eghagha was charged with one count of aggravated identity theft.
Members of the public are reminded that the indictment only contains charges. The defendants are presumed innocent of the charges and it will be the government’s burden to prove the defendant’s guilt beyond a reasonable doubt at trial.
The Drug Enforcement Administration, Internal Revenue Service Criminal Investigation, U.S. Immigration and Customs Enforcement’s Homeland Security Investigations, Federal Aviation Administration, Department of Commerce, and Department of Treasury are investigating this case.
Assistant U.S. Attorneys Garrett L. Bradford, Deputy Chief of the Narcotics and Dangerous Drugs Section and Lead Strike Force Attorney, Irina K. Dutcher, and Christopher J. Huber, Deputy Chief of the Complex Frauds Section, are prosecuting the case, with assistance from the Department of Justice’s Money Laundering and Asset Recovery Section and Office of International Affairs.
This prosecution was brought as a part of the Department of Justice’s Organized Crime Drug Enforcement Task Forces (OCDETF) Co-located Strike Forces Initiative, which enables agents from different agencies to collaborate on intelligence-driven, multi-jurisdictional operations against a continuum of priority targets and their affiliate illicit financial networks. These prosecutor-led co-located Strike Forces capitalize on the synergy created through the long-term relationships that can be forged by agents, analysts, and prosecutors who remain together over time, and they epitomize the model that has proven most effective in combating organized crime. The specific mission of the Atlanta Strike Force is to disrupt and dismantle the most significant drug trafficking and money laundering organizations designated as Consolidated Priority Organization Targets or Regional Priority Organization Targets and their affiliates impacting the Atlanta metropolitan area and the Northern District of Georgia.
For further information please contact the U.S. Attorney’s Public Affairs Office at [email protected] or (404) 581-6016. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.