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EFCC: Why we re-arrested Fani-kayode
According to the EFCC, he would face fresh charges over new evidence that he collected huge cash directly from the embattled former National Security Adviser, Col. Sambo Dasuki, in the build-up to the 2015 presidential election and would be flown to Abuja for fresh interrogation

Saturday Vanguard quoting a top EFCC source, “we are going to move him to Abuja to answer fresh questions arising from the new evidence that he personally collected various sums of money from the ONSA”.

The amount allegedly collected by Fani-Kayode, according to the source is different from the N4.9 billion, which he and the former Finance Minister, Esther Nenadi Usman, Danjuma Yusuf and a company, Joint Trust Dimension Nig. Ltd., reportedly collected from the ONSA ahead of the presidential election.

The EFCC has already slammed a 17-count charge against them for taking the money from the public treasury and retaining same without rendering any verifiable service to the nation.

“There is a fresh case of various sums of money traced to the suspect, which has nothing whatsoever to do with the N4.9 billion case we instituted against him and others in Lagos.

“We arrested Fani-Kayode because we need him to explain to our operatives why he took the money and what he used it for. It is clear from the records before us that he received the money directly from the NSA.

“From the record before us, the suspect signed and collected the sum of N26 million for undisclosed purpose and we want him to explain to us why he took the cash in the first place,” the source said

At the resumed hearing of the charge against him in Lagos yesterday, the prosecutor, Mr Rotimi Oyedepo, opened his case and concluded the witness’ evidence for the day, while the court adjourned the case to November 14 and 15, 2016, for continuation of trial and rose.

Shortly after Fani-Kayode had walked out of court, two officers of the EFCC dressed in white kaftan, requested that he followed them to the commission’s office.

Immediately, the court’s gate was barricaded by a Toyota Hiace bus and Fani-Kayode was taken to the EFCC.

The Commission yesterday opened its case and called its first witness, Mr Idowu Olusegun.

Led him in evidence, the witness, who is media consultant with Paste Posters Company Ltd, told the court that N30 million was paid in cash to him, by the office of the Director of media and publicity, PDP campaign Organisation.

According to Olusegun, he had reached an agreement with the organisation whose office is situated at 14B, Samora Machel Avenue, Asokoro, Abuja, for the sum of N24m for media consultancy services. He said that a further negotiation was reached in which N50 would be paid for each size of A2 posters, while N20 would be paid for each size of A4 flyers.

The witness told the court that after the printing job for the posters and flyers was done, he was invited to the office of the organisation and given N30 million in cash.

He further told the court that he had demanded to know why payment was made in cash and was informed by one Mr Oke, that cash was the approved means of payment.

He said that Mr Oke had been the person communicating with him throughout the pendency of his engagement to do the media jobs.

The witness added that apart from the N30 million paid to him, there was also an outstanding payment of N24m which was not paid to his company.

After his testimony and based on agreements of counsel, the court fixed November 14 and 15 for continuation of trial.

Meanwhile, a mild drama played out in court during his trial yesterday when the trial judge, Justice Sule Hassan, ordered the seizure of the mobile phone of Fani-kayode.

According to Premium Times, the accused had held his phones and suddenly, the phone rang out loud and the judge asked: “Who is doing that?” He ordered the court’s registrar to seize the phones.

Similarly, the trial judge also issued a warning to counsel representing the accused, when he sighted him sipping from a bottled water during proceedings.

The judge had warned counsel to seek the permission of the court, whenever, his client was pressed for water.

According to Hassan “The court is not a market place, there must be order and sanity.”

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Sacked PHCN Staff Electrocuted while doing illegal Connection

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Sacked PHCN Staff Electrocuted while doing illegal Connection

Sacked PHCN Staff Electrocuted while doing illegal Connection

A former staff of the Benin Electricity Distribution Company BEDC, in Agbor, Delta State, who was dismissed in 2009, was, on Tuesday, electrocuted in Agbor.

According to reports, the deceased, identified as Monday Ebor, was illegally working on high tension lines when electricity was restored.

Eboh who was wanted by BEDC for his illegal activities which destroyed many transformers, was said to be illegally diverting lines from one feeder to another when power was restored.

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United Kingdom Accepting Naira Payments from Nigerian Business Owners

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United Kingdom Accepting Naira Payments from Nigerian Business Owners

United Kingdom Accepting Naira Payments from Nigerian Business Owners

Former President of the Nigerian-British Chamber of Commerce (NBCC)Dapo Adelegan, has announced that the British Government will henceforth begin accepting Nigerian currency from Nigerian business owners in the UK.

Adelegan made the assertion in an interview on Wednesday in Lagos.

The British Government on February 9, through its export credit agency, UK Export Finance (UKEF), said it will accept Naira payments from Nigerian business owners trading with the UK.

Adelegan said that the initiative was a monumental step that will deepen trade, open more opportunities, expand patronage and market scope of products from both countries.

“If we look at the quality of manufactured equipment and technology; Made-in-Britain is number one.

“Through this, we will access technology transfer, boost the capacity of workforce and impact on our outputs of consumables and products in the market.

“It is a win-win situation that will go beyond procurement, as there are multiple layers of benefits that this will bring to the economy,’’ Adelegan said.

Joyce Akpata, Director-General, Nigerian-American Chamber of Commerce (NACC), also said the initiative will ease importation of goods from the UK to Nigeria and strengthen economic ties.

“The UK has the largest concentration of Nigerians in the diaspora and given cultural ties, it is something that should have happened before now,’’ Akpata said.

The director general said the initiative would improve knowledge sharing and technology transfer.

“We will see a lot of businesses in the UK supplying equipment and machinery backed by this finance to their Nigerian counterparts.

“This will enhance the activities of manufacturers, especially the growing SMEs that are into processing.

“It will also take off issues of foreign exchange challenges and instability in the market,’’ she said.

Akpata noted that the scheme would be a welcome opportunity for most Nigerian businesses that could not access financing locally.

She urged other countries, especially the United States, to take a cue from the UK to evolve initiatives that will assist businesses to maximise opportunities and strengthen trade ties.

Trade experts put the value of trade between Nigeria and the UK at about £8 billion, with oil and gas making up 60 per cent of the figure.

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South Africa’s Embattled President Jacob Zuma resigns

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President Zuma must face corruption charges - Supreme court rules

South Africa’s Embattled President Jacob Zuma resigns

The embattled President of South Africa, Jacob Zuma has resigned his office with immediate effect.

Zuma made the announcement in a televised address to the nation on Wednesday evening.

Earlier, Mr Zuma’s governing ANC party told him to resign or face a vote of no confidence in parliament on Thursday.

The 75-year-old has been under increasing pressure to give way to Deputy President Cyril Ramaphosa, the ANC’s new leader.

Mr Zuma, who has been in power since 2009, faces numerous allegations of corruption.

His resignation came at the end of a long speech in which he said he disagreed with the way the ANC had acted towards him.

He said he did not fear a motion of no-confidence, adding: “I have served the people of South Africa to the best of my ability.”

According to President Zuma, violence and division within the ANC had influenced his decision to step down.

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