U.S. seizes $14 million in Bank Accounts linked to Air Peace Boss, Allen Onyema

The United States authorities have frozen about $14.2 million in bank accounts linked to companies registered by Allen Onyema, the chairman of Air Peace Limited.

Mr Onyema and Ejiroghene Eghagha, Air Peace’s head of finance and administration, were recently indicted for alleged $20 million money laundering and bank fraud in the United States.

Both suspects strongly deny the allegations and said they looked forward to proving their innocence in court.

The charges said Mr Onyema used several companies he set up in the U.S. to launder funds and commit bank fraud through issuance of counterfeit letters of credit.

Some of the companies’ bank accounts in the U.S. and Canada have been frozen with their substantial balances as part of the investigation, court documents showed.

The documents showed that $4,017,852.51 was seized from JP Morgan Chase Bank account number ending in 5512 held in the name of Springfield Aviation Company, LLC.

Another $4,593,842.05 held in Bank of Montreal with account number ending 7523 in the name of Springfield Aviation Inc. was also seized.

American government also traced and seized $5,634,842.04 held in Bank of Montreal with account number ending in 515 in the name of Bluestream Aero Services, Inc.

American law enforcement authorities indicated in the charge document that efforts had commenced to secure final forfeitures of the funds.

Mr Allen Onyema is yet to respond to this seizure as well as his warrant of arrest which has also been issued.

2 thoughts on “U.S. seizes $14 million in Bank Accounts linked to Air Peace Boss, Allen Onyema

  1. i can just say much now,but there is something fishy that suggest that some powers or interest are trying to tarnish the image of this young enterprenuer and business mogul.Every ignore son should not go with the tide lets try and get true real truth about the matter at hand.

    1. Many people think the same way too. However, we all have to wait for the accused to have their day in court, to prove their innocence and set the records straight

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