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DUBAI LANDLORD: FORMER DEPUTY SENATE PRESIDENT IKE EKWEREMADU HOARDED ASSETS IN DUBAI

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In the wake of reports by Anti-corruption groups on the monumental looting of public funds by Nigerian Politicians including Governors and Senators who make up the major number of perpetrators of Illicit Financial Flows (IFFs), Investigations have revealed that among the mammoth number of Nigerian Politicians and Ex-Governors who have chosen Dubai as a preferred destination to stash their looted fund is the erstwhile Deputy Senate President Barrister Ike Ekweremadu.

A lawyer by profession, Senator Ekweremadu is from Amiri Local Government Area in Enugu State and a member of the People’s Democratic Party PDP. He is also the “permanent” representative of Enugu West Senatorial district in the red chambers, having served in the Nigerian Senate since May 2003 for four consecutive (6th, 7th, and 8th, 9th) assemblies. Findings reveal that during his tenure as Deputy Senate President in the 8th assembly, Ike Ekweremandu acquired two flats in Al Barsha South Fourth located in the heart of Dubai.

Documents attached to both properties show his date of birth as 5/12/1962, Passport Number A50194*** issued on 7/15/2016 with an expiry date of 7/14/2021, and Dubai contact number +971-50-5689. These properties according to sources, were allegedly not declared in his CCB form as required by law. Each flat in the luxurious area we further learned is estimated to be between 700,000 AED to 1,150,000 AED which is about N72,610,941 to N120,000,000 when converted to local currency.

It should be recalled that the Enugu-Born Senator had been in the news following the ex-parte motion for assets forfeiture filed against him in 2018 by the Special Presidential Investigation Panel for the Recovery of Public Property to which he claimed not guilty despite about 22 properties linked to him. The Federal government subsequently asked the Federal High Court in Abuja to freeze undeclared assets traced to him.

Also, in an act described as an ‘Unprecedented Naira bazaar’ by a committee of the National Assembly, Senator Ike Ekweremmadu in connivance with his Imo state counterpart, the former Deputy Speaker Emeka Ihedioha, allegedly withdrew a princely total of about N7.75 billion of public funds in four years during his tenure to purportedly review sections of the 1999 Constitution, although it was not immediately clear how the lawmakers spent the outrageous funds, years of investigation later revealed that the duo may have taken advantage of UAE’s soft system to launder funds under the guise of investing in the booming real estate sector of the country’s economy.

It is strongly believed that the funds which the Senator used in acquiring the two flats in Dubai were those he allegedly got from Taxpayer’s money while he was in service. Senator Ekweremadu did not respond to calls and also did not reply to the SMS sent to him from our newsroom for his reaction as at press time.

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Former Governor Ifeanyi Okowa, Spends Second Night In EFCC’s Cell Over N1.3 Trillion Alleged Fraud

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Immediate past governor of Delta State, Ifeanyi Okowa, who was arrested and detained by the Economic and Financial Crimes Commission (EFCC) has spent second night in the custody of the anti-graft commission.

 

Okowa is currently being investigated and detained over the alleged diversion of N1.3 trillion.

 

The N1.3 trillion reportedly represents the 13% derivation fund from the federation account between 2015 and 2023.

 

According to sources within the commission, Okowa was invited to the EFCC office in Port Harcourt, Rivers State, where he’s subsequently detained by officials.

 

One of the sources stated, “Okowa was at our Port Harcourt office following an invitation from investigators probing the allegations against him. He was then arrested. The commission is investigating him regarding the N1.3 trillion 13% derivation fund from the federation account between 2015 and 2023.

 

“He is also accused of failing to account for the funds, as well as another N40 billion he allegedly claimed was used to acquire shares in UTM Floating Liquefied Natural Gas. He reportedly bought shares worth N40 billion in one of the country’s major banks, representing an 8% equity stake, to support the offshore LNG project. The funds are alleged to have been misappropriated for other purposes.

Investigators are also examining the alleged diversion of funds by the former governor to acquire estates in Abuja and Asaba, Delta State. He is currently being held at the EFCC facility in Port Harcourt.

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Lagos Government Shuts Down Redeemed Church, Celestial Church, Clubs, Event Centres Over Noise Pollution

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The Lagos State government has shut down a branch of Pastor E. A. Adeboye’s Redeemed Christian Church of God, a Celestial church, nightclubs and event centres over noise pollution.

The Commissioner for Environment and Water Resources, Tokunbo Wahab, who made this known on Wednesday, said the churches, clubs and event centres were sealed on Tuesday by the Lagos State Environmental Protection Agency (LASEPA) in the Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota areas of the state.

The sealed establishments include: Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Lounge & Lodging, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.

The commissioner in a post on X said, “In a bid to address noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) took action yesterday, closing down several establishments across different parts of the state.

“This enforcement drive, focusing on areas like Ogudu, Gbagada, Iyana Ejigbo, Isolo, Ajao Estate, Oshodi, Ilasamaja, and Okota, is part of LASEPA’s continuous efforts to uphold environmental standards and safeguard public health.

“The affected establishments include Honourable Lounge & Lodging, Redeemed Christian Church of God, Celestial Church of God, OMA Nightclub and Lounge, Bridge Spot Bar, Okiki Event Center and Hall, Emota Paradise Hotel (Phase 2), CF Hotel & Suites, House 27 Hotel & Suites, Echo Spring Hotel, and Smile T Continental Hotel.”

 

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Gen. Taoreed Lagbaja: Tinubu directs flags be flown at half-mast

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President Bola Tinubu has directed that Nigeria’s national flags be flown at half mast for seven days across the country to mourn the passing of the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja.

The late Army chief, who was appointed by Tinubu on 19 June 2023, was said to have passed away on Tuesday night after a prolonged illness.

The Secretary to the Government of the Federation, George Akume, in a statement on Wednesday by his office Director of Information & Public Relations, Segun Imohiosen, said the president expressed regret over Lagbaja’s death.

Akume said, “President Bola Tinubu has expressed regret following the death of the Chief of Army Staff, Lieutenant General Taoreed Abiodun Lagbaja, after a brief illness at the age of 56.

“The President has directed that national flags be flown at half mast throughout the country for seven days in honour of the departed Army chief.

“He profoundly appreciates the services of the departed to the nation and wishes the family the fortitude to bear the great loss.”

Meanwhile, the Ministers of Defence, Mohammed Badaru and Bello Matawalle, have commiserated with the president, the military, and Lagbaja’s family over his death.

In a statement by the Ministry’s spokesperson, Henshaw Ogubike, the ministers described Lagbaja’s death as a great loss to his family, the Army, and the nation at large.

“The passing on to eternal glory shocked us at the Ministry of Defence, as our working relationship with him was commendable; he exhibited the spirit of camaraderie and cooperation with us in the discharge of our mandate.

“The late Chief of Army Staff contributed significantly to internal security operations across Nigeria and also exhibited a high level of professionalism.

“He will be greatly missed by the family, the military, and the nation, as he served the nation with commitment and dedication,” the statement added.

 

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