Connect with us

Published

on

Drama as Gov. Wike Claims Ownership Of N13bn Seized By EFCC

The controversy surrounding the ownership of the N13bn ($43.4m, N23m and £27,000) found by the Economic and Financial Crimes Commission at the Osborne Towers, Ikoyi, Lagos, took a dramatic turn on Friday evening when Governor Nyesom Wike of Rivers State and the National Intelligence Agency claimed ownership of the money.

The National Intelligence Agency on Friday said the money belonged to it.

A national daily had earlier reported that the money belonged to the NIA. Sources at the agency confirmed to one our correspondents late Friday that the money belonged to the agency and that it had written a formal letter to President Muhammadu Buhari to claim ownership of the money.

Saturday PUNCH learnt that the NIA, which is Nigeria’s foreign intelligence service, explained that the money, which was found on the seventh floor of the building, was approved by former President Goodluck Jonathan for covert operations and security projects covering a period of years.

The money was said to have been released in bits during the tenure of a former NIA director-general.

A source said that the cash was approved before the advent of the Treasury Single Account.

He stated that the Director-General of the NIA, Amb. Ayo Oke; the EFCC Chairman, Mr. Ibrahim Magu; and the National Security Adviser, Babagana Moguno, had met over the issue. A Presidency source also confirmed the meeting to one of our correspondents.

The NIA source explained that when EFCC operatives stormed the Ikoyi property on Wednesday, they were informed that the said apartment was a safe house of the NIA from which discreet operations were carried out.

The EFCC boss, however, rejected all entreaties from the NIA and entered the building, breaking the fireproof safes and taking the money.

The source, who wished to remain anonymous because he was not authorised to speak with the media, said, “The money belongs to the NIA. It is for covert operations and security projects covering a period of years.The DG has met with the President, he has explained everything to him. The President asked him to put everything into writing and he has done so.

“The entire chain of events was a big misunderstanding. That place was an NIA safe house and you have to understand that the NIA carries out discreet investigation in conjunction with many agencies across the world.

“On the day the EFCC men gathered around the house, the NIA reached out to Magu to explain to him that the money was the property of the Federal Government and the place was an NIA safe house. Unfortunately, the EFCC still went ahead to break down the doors.”

But Wike, who described the claim that the cash belonged to the NIA as balderdash, alleged that the immediate past governor of the state and the current Minister of Transportation, Mr. Rotimi Amaechi, kept the money in the apartment.

As such, the Rivers State governor gave the Federal Government a seven-day ultimatum to return the money to the state government or be ready to face legal action.

Speaking with newsmen in Port Harcourt on Friday night, Wike said the $43m was part of the proceeds from the sale of a gas turbine by the immediate past administration, adding that the gas turbine was initially built by the Peter Odili administration.

The governor further challenged the Federal Government to set up a commission of inquiry to probe the source of the huge money found in the flat, insisting that the funds belonged to Rivers people and should be returned to the owners within seven days.

He said, “All these things they are saying that the $43m belong to the Nigerian Intelligence Agency is balderdash. When did the NIA begin to keep money in houses? As I speak to you now, the Federal Government is so embarrassed.

“I want the President to set up a commission of inquiry. We don’t want to fight anybody; they should set up a commission of inquiry or return our money within seven days. If they don’t, we will take all necessary legal actions and NIA will come and prove where they got the money from.

“The $43m is the proceeds of the sale of the gas turbine sold by the immediate past administration. The gas turbine was built by the (Peter) Odili administration. It (gas turbine) was sold to Sahara Energy.

“The turbine was sold for $319m. But as of May 2015, what was in the account was $204,000. We will avail ourselves and we will be present at the commission of inquiry expected to be set up by the Federal Government. If we are invited, we will come. There is no contradiction in this at all, but I know they (FG) will not agree.”

Wike maintained that he would complete the monorail project if the Federal Government returned the $43m to Rivers State, adding that it would be “projects galore” in the state should the money be returned back to its original owner.

“Part of the money from the sale of the gas turbine was used to fund the All Progressives Congress campaign. We are telling the world that the money belongs to us. If they (FG) give us the money, I will complete the monorail project,” he said.

When contacted, the media aide to Mr. Rotimi Amaechi, Mr. David Iyofor, said he would react to Wike’s claim on Saturday (today).

The money has since been deposited into the account of the Central Bank of Nigeria following an interim forfeiture order granted by a Federal High Court in Lagos.

The court had also ruled that if the owner of the money did not show up within 30 days, it would be forfeited to the federal Government permanently.

EFCC keeps mum

All attempts to speak with the spokesperson for the EFCC, Mr. Wilson Uwujaren, on Friday proved abortive as his phone indicated that it was switched off while a text message sent to his phone was not responded to.

It’s a security issue –Presidency

When contacted, the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, directed our correspondent to the security agencies said to have been involved in the matter.

“This is not a matter for the Presidency. It is a security issue and I will advise you to get across to the agencies mentioned,” he said on the telephone.

SERAP, CD, others hit EFCC for hiding owners’ identities

But socio-political groups, including the Socio-Economic Right Accountability Project and the Campaign for Democracy, criticised the EFCC for hiding the identities of the owners of the recently recovered funds in Lagos and Kaduna.

SERAP and the CD, in separate interviews with Saturday PUNCH, said that it was anti-democratic for the EFCC to shield the identities of the owners of recovered money.

The SERAP Director, Adetokunbo Mumuni, said, “Whatever information that the EFCC has about any money abandoned or found in any place deserves to be released to the public. In a democracy, there can’t be opaqueness. This issue affects public interest and it is against the collective interest if the EFCC withholds the identities.

“The EFCC’s action will be contrary to public policy and anti-democratic if the information is not released. What will happen if the EFCC is not open is that it will give room for rumours, which is not good for democracy.”

In his own remarks, the CD President, Usman Abdul, said, “The EFCC of recent has just been playing to the gallery. The APC-led Federal Government should not take citizens for a ride. After the denial of the confirmation of the EFCC Chair, Magu, we have had several seizures in Kaduna and Lagos states, without anybody having being identified as the custodians of these monies.

“It is quite laughable that new notes of money, even hard to get in banks, were found and the EFCC cannot disclose who committed such acts.”

On his part, the National Publicity Secretary of Afenifere, Yinka Odumakin, said that it was unfortunate that Magu’s EFCC out of desperation had thrown caution to the wind in the desperate attempt to be in the news and excite the public.

He stated, “You found such volume of cash without any attempt to find the owners and you start a cinema of exhibit. A sergeant IPO who does that should be fired without benefits.

“You cannot tell me that you cannot trace the title of a property in Ikoyi at Alausa in a matter of hours .But it seems Magu is all about anti-corruption and seduction.

“If Magu fails to disclose the owners of the money, it means that the anti-corruption war has become a ‘night of a thousand laughs.’”

Also, the Executive Secretary, Anti-Corruption Network, Ebenezer Oyetakin, said, “The fight against corruption must be total, unambiguous, true in character and content, transparent in outlook and must not be cloudy in presentation to the public.”

He said that the shielding of the identity of the looters in itself was corruption and detrimental to the success of the fight against graft.

Oyetakin stated, “The fact that this is fuelling speculations that those involved are government officials of the present regime is too bad for the image of the government that is fighting corruption.

“This is why I must vehemently call on the EFCC to do the needful by releasing the names of the looters. The more reason why the names should be made known is to serve deterrence against such practices.

“However, I am more concerned that arresting and making this type of discovery once in a month is not the only way to fight corruption or regained the loots, otherwise fifty years will not be enough to regain looted funds.”

He called for the re-denomination of the naira, adding that owners of looted funds could come out and change their money.

A former chairman of the Peoples Democratic Party, Adamu Mu’azu was reported to have said that he knew nothing about funds recovered at a property reported to be his in Ikoyi, Lagos.

An online newspaper, The Cable, reported that Mu’azu, who was the Governor of Bauchi State from 1999 to 2007, said he got a bank loan to acquire the land where the house was built, adding that he sold the house to pay back the loan.

Another online newspaper, Sahara Reporters, reported that the Minister of Transportation, Amaechi, said he had no connection whatsoever with the apartment or the money.

He was reported to have said that he did not own any apartment or house in Lagos, stating that his only property in Nigeria was in Abuja.

About verGr24.com Latest Celebrity news, Entertainment News Today | Est. 2016 Catch all the Juicy News Headlines on www.verge24.com Follow us Twitter: @TheVerge24 Facebook: @Verge24 Instagram: @Verge24 Email Us: hello@verge24.com

News

Donald Trump Agrees to meet Kim Jong Un

Published

on

Donald Trump Agrees to meet Kim Jong Un

Donald Trump Agrees to meet Kim Jong Un

The United States President Donald Trump has agreed to meet with North Korean leader Kim Jong Un, the White House announced, setting the scene for a historic, unprecedented encounter.

The meeting, which would be the first between a sitting US president and a North Korean leader, will happen by May, according to South Korea’s national security adviser, Chung Eui-yong, who delivered the invitation to Trump after a visit by his delegation to Pyongyang earlier this week.
The stunning announcement is the culmination of a diplomatic whirlwind that began with the invitation of a North Korean delegation to the Winter Olympics in Pyeongchang. Trump’s decision to meet Kim, after a year in which the two have repeatedly traded insults, is a remarkable breakthrough — albeit one with uncertain consequences.

The South Korean delegation, which landed in Washington, D.C. for a debriefing Thursday on the North-South talks, was careful to praise Trump’s influence over the developments. Chung said the US President’s “leadership” and his administration’s pressure on the North Korean regime had “brought us to this juncture.”

White House press secretary Sarah Sanders said in a statement that Trump “greatly appreciates the nice words” of the delegation and South Korean President Moon Jae-in.
“He will accept the invitation to meet with Kim Jong Un at a place and time to be determined. We look forward to the denuclearization of North Korea. In the meantime, all sanctions and maximum pressure must remain.”

There are many details to be ironed out before the meeting could take place, including the location. The Panmunjom truce village in the Korean Demilitarized Zone (DMZ), one possible venue, hosted meetings between North and South Korea in the run-up to the Winter Olympics.

Continue Reading

News

Nokia 7 Plus Sold Out In 5 Minutes In China

Published

on

Nokia 7 Plus Sold Out In 5 Minutes In China

Nokia 7 Plus Sold Out In 5 Minutes In China

The first batch of Nokia 7 Plus  releases in China has reportedly sold out in 5 minutes. Can I imagine ?

As soon as the virtual shop doors opened at 10:07am, it took only 5 minutes for all available units of the new Nokia phone to be sold out.

The phone sold for CNY 2,300 for the 4GB/64GB version and CNY 2,500 for the 6GB/64GB version (that’s €239 and €318 respectively).

There will be another batch available in about a week – on March 15 at 10:07am. Chances are that the new batch will be gone just as quickly. Of course, neither HMD nor the stores will say how many phones are in a batch.

As for people not in China, we’ll have to wait until April. The Nokia 7 plus is set to cost €400 in Europe (and it doesn’t look like the Old Continent will get the 6GB RAM version).

Continue Reading

News

King Mohammed VI of Morocco undergoes Successful Heart Surgery in France

Published

on

 King Mohammed VI of Morocco undergoes Successful Heart Surgery in France

King Mohammed VI of Morocco undergoes Successful Heart Surgery in France

King Mohammed VI of Morocco yesterday underwent a successful heart surgery in France, state news agency MAP reports.

The 54-year old monarch was treated at a Ambroise Paré Clinic in Paris after he had been diagnosed with an “atrial flutter”. The surgery normalised the heart rhythm, and the king would be able to resume his duties without any restrictions.

The photo of King Mohammed VI on the hospital bed, surrounded by relations has since leaked on the internet. A full statement from MAP read:

“HM the king had on Saturday 20th January 2018 a heart rhythm disorder. The doctors of HM the King said that medical examinations carried out for this purpose revealed an atrial flutter. The ablation by radio frequency of this arrhythmia, performed today at the Ambroise Paré clinic in Paris, allowed the normalization of the heart rhythm. At the end of a rest period as prescribed by his treating physicians, HM the King will resume his normal activities without any restriction.”

King Mohammed VI of Morocco undergoes Successful Heart Surgery in France

Statement by the medical team composed of: Dr Abdelaziz Maouni, Dr Olivier Thomas, Dr Sébastien Bloc, Dr Olivier Dubourg, Dr Ali Chaib, Dr Lahcen Belyamani. The king, who heads the Muslim world’s longest-serving dynasty, took office in 1999 after his father, Hassan II, died of a heart attack.

The political and social stability of Morocco is closely watched by Western governments as it is the only country in North Africa where jihadist groups have failed to gain a foothold, and is an important partner against Islamist militancy in terms of intelligence-sharing.

The kingdom has escaped mass uprisings such as in Egypt, Libya or other Arab countries, but protests have erupted since 2016 in some rural areas against poverty and unemployment. Morocco has averted previous protests with a combination of limited constitutional reforms, heavy policing and hefty public spending.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Most Popular