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Tottenham owner, Joe Lewis arrested over insider trading

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The British billionaire owner of Premier League side Tottenham, Joe Lewis, was arrested on Wednesday ahead of a court appearance in New York on insider trading charges, US prosecutors said.

The 86-year-old Bahamas-based Lewis surrendered voluntarily after traveling to the United States to answer the charges, his lawyer told AFP in a statement.

Lewis is accused of furnishing employees and lovers with inside information for years in a “brazen” scheme that raked in millions of dollars.

The Attorney for the Southern District of New York, Damian Williams, announced on Tuesday that the Bahamas-based Lewis had been indicted along with two co-conspirators.

“The defendants were arrested this morning and will be presented later today,” Williams’s office said in a statement.

David Zornow, attorney for Lewis, said the US government had made “an egregious error in judgment” in charging his client.

“Mr Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court,” he added.

The prosecutors allege that for years Lewis “abused his access to corporate board rooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends.”

“Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing,” Williams said.

The attorney alleges that Lewis passed on the inside information as a way of compensating employees or giving gifts to friends, describing the scheme as “classic corporate corruption.”

Lewis has been charged with 16 counts of securities fraud, the most serious of which carry a maximum sentence of 25 years in prison, and three conspiracy counts, which carry a maximum sentence of five years.

His two alleged co-conspirators, Patrick O’Connor, 66, and Bryan Waugh, 64, are two pilots employed by Lewis to fly his private aircraft, according to the prosecution.

Lewis is reported to be one of Britain’s richest men with a fortune worth an estimated $6 billion, building his reputation as a currency speculator in the 1980s and early 1990s.

Lewis’s holding company ENIC bought a controlling interest in Tottenham in 2001 from then-owner Alan Sugar, another prominent British tycoon.

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Tijani Babangida, wife hospitalised after road accident, brother dies

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Tijani Babangida, former Super Eagles forward, was involved in a car accident on Thursday that tragically claimed the life of his younger brother, Ibrahim Babangida.

Babangida was part of the Atlanta 1996 Olympic team that won the gold medal and is currently the President of the Professional Footballers Association of Nigeria.

Former teammate, Emmanuel Babayaro, the General Secretary, PFAN, announced the incident in a statement.

“Comrades! Let us be in prayers for our president, Tijani Babangida, who just had a ghastly motor accident along the Kaduna-Zaria Eoad,” Babayaro said.

“Ibrahim Babangida, his younger brother, died on the spot from the accident while Mr President (Babangida) and his family were taken to the hospital.

“May the soul of Ibrahim Babangida Rest In Peace with God, amen,” he announced.

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Adeyemi defeats Adekanla to clinch West Africa boxing title

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Segun Adeyemi has been crowned the West African Boxing Union (WABU) light welterweight champion.

Adeyemi, popularly known as War, defeated compatriot Adeyemi Adekanla via majority decision to claim the regional belt on Wednesday at GOtv Boxing Night 31 held at the Indoor Sports Hall of the Teslim Balogun Stadium, Lagos.

The victory was Adeyemi’s 11th win in 12 professional fights with just one draw. His opponent was also undefeated before the bout, with 12 wins in 13 professional fights.

In other bouts, the 16-year-old Raheem “Badoo” Animashaun secured a fourth-round technical knockout win over Samuel Moses in their national light welterweight challenge fight.

Badoo’s performance in the fight earned him the Mojisola Ogunsanya Memorial Trophy for the best boxer of the night with N1 million cash prize.

The teenager is the son of Jamiu “Rotor” Animashaun, a former professional boxer who fought in the first two editions of GOtv Boxing Night.

Also, on the night, Adewale “Playboy” Oladeji sealed a unanimous decision win over Afikun “Ijebu” Gbenga in their super welterweight encounter.

Emmanuel “Ability” Abimbola secured a split decision win over Azeez “Latest” Ayobami in a national lightweight challenge fight, while Sikiru “Omo Iya Eleja” Shogbesan defeated Batholomew “Aboy” Abuchi via technical knockout in their national super featherweight challenge duel.

However, the national flyweight challenge bout between Sikiru “Isho” Ogunyaju and the current national flyweight champion, Sifon “Best” Iwatt, ended in a tie.

Also, the national light welterweight challenge fight between Hammed “Eshe” Ganiyu and Yusuf “Hungry Lion” was declared a no-contest after the latter sustained an injury in the second round from a headbutt by his opponent.

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19 years later, NFF still owes me salary as Eagles coach, says Christian Chukwu

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Christian Chukwu, former Super Eagles captain, says the Nigeria Football Federation (NFF) still owes him salary from his time as the country’s male senior national team head coach.

Chukwu, nicknamed “The Chairman”, was head coach of the Eagles between 2002 and 2005.

He led the team to a bronze medal at the 2004 Africa Cup of Nations (AFCON) in Tunisia.

The manager was relieved of the job in June 2005 during the qualification campaign for the World Cup in Germany.

In a chat with The Athletic Nigeria on Monday, Chukwu said 19 years after his stint with the Eagles, NFF is yet to pay him some of his salary from the period.

The Chairman added that he is not the only indigenous coach owed by the federation, adding that some of the victims are dead now.

“They owe Nigerian coaches. They don’t owe foreign coaches. It is a problem. You take on an indigenous coach who takes a cheap salary, and you owe him,” Chukwu said.

“Is it proper? Are you encouraging him to do his job? I am still being owed up to today. They are still owing me till tomorrow. My files are there with the NFF. There is nothing I can do [to get them to pay me]. The file is there. Go to their office, and you will see how much they owe me. Not only me, other indeginuos coaches are being owed too. Some are late.”

In 2019, Chukwu suffered prostate cancer, which affected his leg. The family had to open a GoFundMe appeal to solicit funds for the Nigeria football legend’s medical treatment.

Femi Otedola, the billionaire businessman, eventually paid $50,000 for Chukwu’s treatment overseas.

Chukwu captained Nigeria to its first AFCON success in 1980. He also led the Enugu Rangers FC team that won the Africa Cup Winners Cup in 1977.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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