This was stated in a press statement issued by his media aide, Olayomi Koiki, on Monday, describing the allegation as fabricated and baseless.
The statement stated that Sunday Igboho had never been a party to any oil transaction.
The statement reads: “Our attention has been drawn to a fabricated and baseless article circulated by certain media platforms, alleging that Dr.Chief Sunday Adeyemo, popularly known as Sunday Igboho, has been implicated in a N1.6billion oil fraud.
“This is nothing but a deliberate attempt to tarnish the reputation of a man known for his integrity, commitment to justice, and unwavering support for the freedom and rights of the Yoruba people.
“We categorically state that Dr. Chief Sunday Igboho has no involvement in any fraudulent oil transaction, nor has he ever acted as a surety for any individual in such a deal.
“The allegations being circulated are completely false, and we challenge the publishers of these defamatory claims to provide credible evidence to substantiate their reports. Dr. Chief Sunday Igboho is a selfless leader whose mission is solely centred on the liberation of the Yoruba Nation and the welfare of his people.
“It is important to highlight that this smear campaign is part of a continued effort by certain entities to distract and discredit him in the face of his advocacy for the Yoruba Nation. This is not the first time falsehoods have been peddled against him, and it is disheartening to see reputable news outlets being used as instruments for character assassination.
“We wish to inform the public that Dr. Chief Sunday Igboho will be taking legal action against those responsible for this defamatory publication. We urge all well-meaning individuals and media organisations to disregard these baseless accusations and verify their information from credible sources before sharing.
“Furthermore, we strongly advise against any attempt to link Dr. Chief Sunday Igboho to unlawful activities, as he remains focused on the peaceful pursuit of self-determination for the Yoruba Nation.
“We remain resolute in our cause, and no amount of falsehood or intimidation will deter us from achieving our goal of freedom and justice for the Yoruba people.”
It will be recalled that Sunday Igboho was earlier said to have landed himself in fresh trouble over an oil deal worth close to a billion naira.
It was learnt that Igboho who stood as surety for one Francis, an alleged notorious fraudster specializing in duping people through purchase of petroleum products in West African country of Benin Republic got involved in the oil business when he stood as surety for Francis who bought a vessel of oil(AGO) from a Nigerian oil magnate and vessel owner, Captain Victor, and promised to pay for the goods on its release to him by the oil magnate; the latter was at first reluctant to offload the cargo to Francis ( because he didn’t know him at that point) but when he (Francis) got Sunday Igboho involved saying they’re business partners and that Igboho is his surety in case he (Francis) defaults, the Captain released the cargo to him.
The Captain said Igboho actually flew into Cotonou from Germany to cement the deal and told Capitain Victor that Francis is his person and will not renege on his promise to pay the full amount involved in the transaction, the oil magnate released the cargo to Francis in April 2024.
However, it was learnt that Francis paid a part of the total oil money which is about $506,000 and bolted away with about $106,000 and Sunday Igboho has been ‘covering him’ on all fronts despite the fact that the duo are always seen together in Nigeria and Benin Republic.
Captain Victor subsequently contacted interpol about the case and filed a suit against Francis and Igboho. Interpol issued a warrant of arrest for Francis who has been in hiding since he took delivery of the oil (AGO).
At some point in September, Sunday Igboho stopped taking Captain Victor’s calls before eventually blocking his phone line from accessing him.
Chief Mrs Esther Aboderin(Esabod) has already joined Interpol in investigating the case as Captain Victor is awaiting a court order before taking the next legal action.
Meanwhile, Captain Victor, a reputable businessman of many years standing and vessel owner has tendered all the vital documents to Interpol, his lawyers and other authorities showing that he purchased the oil(AGO) from Angola and paid for everything including NIMASA, NPA and other relevant government agencies’ dues.
Aside from Esabod, other popular media practitioners, top legal luminaries and many first-class traditional rulers in Nigeria are on top of the case and are monitoring it with keen interest.