Connect with us

News and Report

Godwin Emefiele Charged for Purchasing Vehicles for CBN, Remanded Pending Bail

Published

on

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele before a High Court of the Federal Capital Territory (FCT) on charges bordering on procurement fraud.
Although, he pleaded not guilty to the six-count charge against him, trial judge, Justice Hamza Muazu, ordered his remand in the Kuje Correctional Center, Abuja, pending his ruling on Emefiele’s bail application.

The former CBN boss was released last week after spending 151 days in custody, following the order of Justice Olukayode Adeniyi of the same High Court of the FCT.
However, shortly after his arraignment yesterday, the court adjourned till November 22, to determine the bail application, just as it fixed November 28, for the commencement of trial.

The anti-graft agency had in August, charged Emefiele and one Mrs Sa’adatu Yaro and a company, April 1616 Investment Limited, purported to belong to Mrs Yaro, on alleged breach of the procurement Act in respect of the purchase of some vehicles but the arraignment could not go on because of the reported ill health of Mrs Yaro.
However, when the matter was called yesterday, EFCC’s lawyer, Rotimi Oyedepo, SAN, drew the attention of the court to an amended charge dated November 8, 2023.

In the new charge Emefiele was the sole defendant and the charge reduced from 20 to six, to which the former CBN boss pleaded not guilty.
In count one, he was alleged to have used his position as governor of CBN to confer a corrupt advantage on Sa’adatu Ramailan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of 37 Toyota Hilux Vehicles at the cost of “N854,700,000.00 only” to April1616 Investment Ltd, a company in which the said Mrs Yaro is a Director and thereby committed an offence.

In count two, he was alleged to have used his position as Governor of the CBN, sometime in 2019, to confer a corrupt advantage on Sa’adatu Ramailan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of one Toyota Avalon at the cost of N99,900,000 to April1616 Investment Ltd, a company in which the said Yero is a Director “and thereby committed an offence, contrary to Section 19 of the Corrupt Practices and other Related Offences Act 2000.”
In count three, he was alleged to have used his position as Governor of the CBN, sometime in 2019, to confer a corrupt advantage on Sa‘adatu Ramailian Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of one Toyota Landcruiser V8 at the cost of N73, 800, 000 to April 1616 Investment Ltd, a company in which the said Sa’adatu Ramailan Yaro is a director and thereby committed an offence.

In count four, he was alleged to have used his position as Governor of the CBN, sometime in 2020, to confer a corrupt advantage on Sa’adatu Ramailan Yaro, a staff of the CBN by awarding a contract for the supply of two Toyota Hilux Shell Specification Vehicles at the cost of N44,200,000 to April1616 Investment Ltd, a company in which the said Sa’adatu Ramailan Yaro is a director and thereby committed an offence.

 

  • Thisday!

News and Report

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

Published

on

By

 

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.

Continue Reading

News and Report

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

Published

on

By

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.”

 

Continue Reading

News and Report

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

Published

on

By

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.

 

Continue Reading

Trending