Police Set to Prosecute Suspects in River Park Estate Ownership Fraud

Oluwafisayo Olaoye
2 Min Read

The Nigeria Police Force has concluded its investigation into a high-profile corporate fraud case involving three Ghanaian nationals—Samuel Esson Jonah, Kojo Mensah Ansah, and Victor Quainoo—alongside a Nigerian accomplice, Abu Arome, over alleged illegal acquisition of shares in JonahCapital Nigeria Limited and its assets, including River Park Estate.

At a media briefing in Abuja on Friday, the Force Public Relations Officer, ACP Muyiwa Adejobi, disclosed that the suspects orchestrated a complex scheme to take over control of JonahCapital and related firms by fraudulently increasing the company’s share capital and allocating 99 million shares to themselves using forged signatures and documents.

“They also falsely claimed Nigerian citizenship to manipulate records with the Corporate Affairs Commission (CAC),” Adejobi said, noting that the evidence points to a deliberate attempt to gain unlawful ownership of valuable corporate assets.

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Despite invitations for questioning, the suspects allegedly ignored police summons and launched media attacks against the Inspector-General of Police and investigating officers. Adejobi stressed that no police panel has cleared the suspects, dismissing reports suggesting otherwise as false.

“The Police will proceed with full prosecution on charges including forgery, conspiracy, impersonation, and obstruction of justice,” he said, adding that the Ghanaian High Commission has been formally notified in accordance with diplomatic procedures.

Inspector-General of Police, Dr. Kayode Egbetokun, reaffirmed the Force’s commitment to due process and the protection of lawful business interests, assuring investors that Nigeria remains a safe destination for capital.

“We encourage local and foreign investors to engage confidently in Nigeria’s economy, knowing that their interests will be protected under the rule of law,” the IGP stated.

The case underscores the Nigeria Police’s renewed focus on tackling white-collar crimes and safeguarding the integrity of corporate governance.

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