The Gwarinpa FCT High Court has thrown out the criminal proceedings against Ghanaian investors and owners of JonahCapital Ltd, led by Sam Jonah and four others, over the River Park Estate issue.
Today, Justice Modupe-Osho Adebiyi threw out the case after the Attorney General of the Federation (AGF) and Minister of Justice said they will not be pursuing the allegations, according to Daily Trust.
The judge said, “The case is hereby struck out” after looking over the Federal Government of Nigeria’s application.
On June 25, the Nigerian Police Force filed 26 criminal charges against Sam Jonah, Kojo Ansah, Victor Quainoo, a company called Mobus Property Nigeria Ltd, and their Nigerian lawyer, Abu Arome, in an FCT High Court in Gwarinpa. They were accused of forging the company’s ownership document.
But when the hearing started again, Aishatu Kalthungo, an assistant state counsel from the office of the Attorney General of the Federation, told the court that she had been told to drop the case based on Section 174 of the Nigerian Constitution, 1999.
She added that a notice of withdrawal dated December 30, 2025, and submitted on January 2, 2026, “asks me to withdraw this matter.”
On December 30, 2025, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), said in an investigation report that the Ghanaian investors and their Nigerian lawyer were not guilty of forgery or fraud. This was the reason why the Corporate Affairs Commission (CAC) illegally took their shares from the company’s former shareholders.
As a result, the Attorney General of the Federation told the CAC to immediately cancel all administrative actions taken based on the report from the IGP Monitoring Unit of the Nigeria Police Force. He also told the Commission to “refrain from taking any action that will undermine the authority and integrity of the courts.”
The AGF said that the police investigation report by the IGP Monitoring Unit led by Akin Fakorede was misleading because it ignored the burden and standard of proof needed to prove criminal liability. It also wrongly tried to turn a business dispute over ownership, shareholdings, and contractual obligations into a criminal matter, while ignoring the “valid, comprehensive, unbiased, and affirmed report of the Special Investigation Panel on Petitions relating to the ownership structure of Houses of for Africa Nigeria Ltd, JonahCapital Nigeria Ltd and River Park Estate, Lugbe dated 28th March, 2025.”
The investors’ criminal accusations have been dropped, but the Registrar General of the CAC has not followed the Attorney General of the Federation’s order to cancel the records of the investors’ firms.
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