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Air Peace reacts to new US fraud allegations against CEO

Air Peace Limited believes that justice will ultimately prevail in response to the expanded charges brought against its CEO, Allen Onyema, by U.S. authorities for allegedly submitting false documents to obstruct a federal investigation. This belief was communicated through a statement issued on October 13, 2024.

In a statement released on Sunday, October 13, 2024, Air Peace responded to the expanded charges announced by the U.S. Attorney’s Office for the Northern District of Georgia against Allen Onyema and Ejiroghene Eghagha.

Acknowledging the recent developments, Air Peace’s management recognized that the charges against its leadership are part of an extended legal process related to previous allegations of financial misconduct. They stressed that despite the expanded charges, both Dr. Onyema and Mrs. Eghagha maintain their innocence as the case is ongoing in court.

The management reiterated that their legal team is fully involved in the matter and is tirelessly working to ensure that justice prevails. They remain confident that the truth will be revealed and their CEO and co-defendant will be cleared through due process.

It was emphasized that Dr. Onyema and his legal team have consistently cooperated with authorities throughout this process, and Air Peace continues to operate without disruption, maintaining its commitment to providing excellent services to its valued customers.

Air Peace has reassured the public that the ongoing legal proceedings will not impact the safety, reliability, or daily operations of the airline. The management stressed their commitment to upholding high standards in all aspects of their service during this time.

In a press release from the U.S. Attorney’s Office for the Northern District of Georgia on November 22, 2019, the CEO of Air Peace, Allen Ifechukwu Athan Onyema, faced charges of bank fraud and money laundering. These allegations initiated a significant legal challenge for Onyema and the airline.

U.S. authorities claimed that Allen Onyema used his airline and nonprofit organizations to execute a fraudulent scheme, transferring over $44.9 million between 2010 and 2018. The investigation indicated that supporting documents for these transactions were falsified, and it was alleged that Onyema laundered more than $16 million.

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