Metro
Jailed Nigerian Monarch : Ruling houses secure US court’s CTC
The two ruling houses in Ipetumodu, Osun State, have obtained the Certified True Copy of the judgment of the United States of America, Northern District of Ohio Court, which sentenced Apetu of Ipetumodu, Oba Joseph Oloyede, to five years’ jail term over fraud.
Oba Oloyede, 62 at the time the judgment was delivered on August 26, 2025, a dual citizen of Nigeria and the United States, was sentenced to 56 months in prison by U.S. District Judge Christopher A. Boyko.
He was also ordered to serve three years of supervised release and pay $4,408,543.38 in restitution.
According to the US Attorney’s Office for the Northern District of Ohio, the monarch forfeited his Medina, Ohio home, purchased with proceeds of the scheme, and an additional $96,006.89 traced to fraud.
He was convicted of leading a conspiracy to exploit COVID-19 emergency loan programmes designed to assist struggling small businesses.
After the judgment had been delivered, the Osun State Commissioner for Local Government and Chieftaincy Matters, Dosu Babatunde, said the government would not act based on social media reports.
“While it may be true that the monarch has been convicted and jailed, there is no official record with us. We will direct that the Certified True Copy of the judgment be obtained. After studying it, the government will then decide on the next steps,” Babatunde stated.
Almost six months later, the ruling houses on Monday said that they have successfully applied and received the CTC of the judgment.
The CTC signed by the Deputy Clerk of the court was made available to our correspondent by the representative of the ruling houses, Prince Olaboye Ayoola, in Osogbo on Monday.
On the next line of action, Ayoola said the representative of the ruling houses would meet the Osun State Governor, Ademola Adeleke, any moment from now.
Ayoola further explained that the meeting with the governor is being facilitated by the state Commissioner of Police, Ibrahim Gotan, who he said, had prevailed on the ruling houses to shelve their proposed protest and meet the governor to discuss the way forward on the vacant stool of Apetumodu.
“We requested the CTC in a letter signed by Prince Taiwo Ayoola on November 4, 2025, addressed to the clerk of the court and we got the documents last week.
“Through the intervention of the state Police Commissioner, Ibrahim Gotan, we shelved the proposed peaceful protest over the delay to fill the vacant stool of Apetumodu.
“It was the CP that prevailed on the ruling houses not to protest and he is the one facilitating our meeting with the governor. The meeting is to be held this week, subject to the availability of Governor Adeleke,” Ayoola further said.
-
News21 hours agoAlleged coup: Detained soldiers’ wives demand justice
-
Business21 hours agoSeplat Energy share price crosses N10,000 — first NGX stock to reach mark
-
Politics21 hours ago‘You Can’t Litigate Us Into Silence’ – Mark Talks Tough At Convention
-
News20 hours agoDiezani Trial Exposes Lavish Lifestyle Of Private Jets, £2,500 Hotel Nights As Prosecutors Detail Alleged Corruption
-
Politics21 hours agoRenewed Hope is a scam, Tinubu should resign — Aregbesola
-
Sports21 hours agoUCL: Lookman sends Atletico into semis as PSG dump out Liverpool
-
News20 hours agoUS, UK, Germany… IMF says Nigeria’s economic growth will outpace eight countries by 2027
-
Politics20 hours ago‘Stop Injecting Religion Into Yorubaland Politics’ – Coalition Warns MURIC Leader Over Call For Muslim-Only Voting
