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Senate Orders Arrest Of NIMASA DG, Bashir Jamoh Over $5m Fraud

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The Nigerian senate panel on public accounts has ordered the arrest of Dr Bashir Jamoh, the Director-General of the Nigerian Maritime and Safety Agency (NIMASA), for allegedly paying $5 million to a legal firm as a professional fee for the recovery of a $9.3bn loss.

The $5m was paid for the intelligence-based tracking of a global movement of Nigerian hydrocarbon and recovery of loss by the Federal Government of Nigeria in the sum of $9.3bn between 2013 and 2014.

The Chairman of the Committee, Senator Matthew Urhogbide, at a briefing on Sunday, berated the agency over the failure of NIMASA to appear before the panel, saying that the panel had no other option than to issue a warrant of arrest on the DG of NIMASA.

He said, “We have invited NIMASA up to three times, but they have failed to honour our invitations. This committee has no other option than to issue a warrant of arrest against the Director General of the agency. They can come to the National Assembly for fund appropriation, but when it is time to give account they will be nowhere to be found.

“The committee had invited NIMASA up to three times for the explanation on the payment of $5 million as professional fee and details of $9.3bn loss by the Federal government, but the agency declined the invitation.”

The Auditor General’s report showed that all efforts by the Auditor General of the Federation to get the details of the $9.3bn loss by the Federal government for thorough scrutiny were not granted by NIMASA.

According to AuGF report, the money was paid from Zenith Bank (UK)’s dollar account.

The query read, “Audit observed that the agency engaged the service of a legal firm through a letter with reference number NIMASA/DG/KP/2014/001, dated 24th January 2014 for the intelligence-based tracking of a global movement of Nigerian Hydro-Carbon and recovery of loss by the Federal Government of Nigeria in the sum of $9.3bn between 2013 and 2014, with a start-off cost of $5m and five per cent of all sums recovered.

“Payment instruction with reference number NIMASA/2007/DFS/WJ/5.500/VOL.11/341 dated April 2014 showed that the firm was paid the sum of $4,523,809.52 (Four million five hundred and twenty-three thousand eight hundred and nine dollars fifty-two cents only) net as professional fees from Zenith Bank (UK) Dollar account.

“The naira equivalent of this amount was N741,904,761.28 at an exchange rate of N164 to a dollar as of that date.

“No evidence of recovery of either part or the entire sum of the 9.3 Billion US Dollars was presented at the time of the periodic check-in in February 2018, despite the huge amount of money already paid to this effect.

“It is instructive to note that details of the transaction leading to the loss of $9.3bn to the Federal Government which only came to audit attention through the review of the letter from the agency to the legal firm so as to ascertain what could have transpired, resulting in such a huge loss were not presented for audit.”

“Ordinarily, the firm should have deducted its fees from the amounts recovered for the FGN, and not receive fees in advance in lieu of the recoveries.

It added, “Audit is concerned that payments were made for service not rendered and this may be a deliberate attempt to divert government funds for personal use.

“The Director-General is required to justify the payment for service not rendered, failing which the sum of N741,904,761.28 should be recovered from the legal firm and paid into the CRF, forwarding evidence of payment to the Public Account Committees of the National Assembly and to the Office of Auditor-General for the Federation for verification. Sanctions stated in FR 3104 should apply. He is also required to provide details of the transaction(s) leading to the loss of 9.3 Billion US Dollars for thorough scrutiny”

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Moment Of Praise Ends 2024 with Renewed Hope and New Beginnings

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December 29, 2024

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The founder of Moment of Praise, an online weekly praise and worship session, Ranti Netufo, has said despite the challenges and difficulties experienced in the year 2024, there are many reasons to praise God for divine provisions in various ways.

He stated this while commenting on the special session of the programme slated for the last Sunday of the year titled “Renewed Hope and New Beginnings.”

The online praise and worship programme is holding from 6-8pm on Sunday December 29.

“The year 2024 has been filled with challenges. Despite the economic difficulties it has been amazing, with Moment of Praise, the Lord has kept us safe from the beginning of January until now. We all have a reason to praise God for His protection and mercy over us and our loved ones.

“Moment of Praise, an online weekly praise and worship programme, has provided avenue for us to praise and worship the Almighty God with top and popular gospel musicians.

“The programme climaxed for the year today with the programme themed “Renewed Hope and New Beginnings”, reference from Isaiah 43:19. 2024 has been an amazing year despite its own challenges, the Lord has given us moment to praise Him and celebrate.

‘’Today being the last Sunday of the year, we will be celebrating as we make a joyful noise unto the Lord with Moment of Praise team and Victor Praise. The programme will be streamed live on Facebook from 6-8pm,” he said.

Many gospel music stars have ministered to audience of the programme in the past, such as Tobe Alabi, Adeyinka Alaseyori, Evangelist Chigozie, Toluwanisings, Apekeola, Lekan Remilekun, Princess Ifemide, Paterson Okopi,Tope Flourish, Dare Justified, Bidemi Olaoba, Lady Evangelist Asonja Grace Awoete (Arole Eledumare), among several others.

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More Troubles For Ex-Delta Gov. Okowa As EFCC Arrests Accountant General Over N1.3Trn Fraud

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December 28, 2024

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The Economic and Financial Crimes Commission (EFCC) has intensified investigations into the activities of former Delta State Governor, Ifeanyi Okowa, over an alleged N1.3 trillion fraud with the arrest of the Accountant General of Delta State, Mrs Joy Enwa.

The arrest of Enwa by the anti graft commission we gathered is part of investigations into the alleged misappropriation of N1.3 trillion linked to Okowa.

Other officials being questioned by the anti-graft agency, including a former Director of Finance and Administration.

EFCC sources hinted that the contentious funds include portions of the 13 percent derivation allocation meant for oil-producing states from the monthly Federation Account revenue.

It was widely reported that former Governor Okowa was detained at the EFCC’s Port Harcourt office in November over allegations of using his office to divert state funds for personal gain.

Among the assets allegedly tied to the fraud include shares in UTM Floating Liquefied Natural Gas (LNG) Company and investments in the oil sector.

Spokesperson of the Commission, Dele Oyewale, who confirmed the arrest, said; “Mrs Enwa was detained for questioning over the ongoing investigation into the mismanagement of state funds under the former administration. Some other government officials have also been interrogated.”

Mrs. Enwa, who served as Deputy Accountant General during the administration of Governor Emmanuel Uduaghan, was appointed Accountant General by Okowa in 2020.

When contacted to comment on her engagement with the anti-graft agency, Mrs. Enwa declined to provide details, stating; “I am not the right source to confirm this story. Please contact the EFCC for clarification.”

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Alleged Debts: NCC Approves Disconnection Of Exchange Telecoms From MTN Company Network

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December 28, 2024

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The disconnection of Exchange Telecommunications LTD from MTN Nigeria Network has been approved by the Nigerian Communications Commission (NCC).

MTN company was accused of failing to settle interconnect charges.

Exchange Telecommunications is a local and international interconnect carrier.

The NCC, a regulatory commission made this known in a public notice signed by its Public Affairs Director, Mr Reuben Muoka at the NCC office on Friday.

It was noted that the disconnection would subsist until otherwise determined by the commission.

“The Nigerian Communications Commission hereby notifies the public that approval has been granted for the disconnection of Exchange Telecommunications Ltd. (Exchange) from MTN Nigeria Communications Ltd. (MTN) as a result of non-settlement of interconnect charges,” the NCC said.

It was also stated that the Exchange was notified of the application and was given the opportunity to comment and state its case.

The NCC, however, said having examined the application and circumstances surrounding the indebtedness, it determined that the Exchange does not have sufficient reason for non-payment of the interconnect charges.

NCC said the disconnection of the Exchange Telecommunications to MTN was in accordance with Section 100 of the Nigerian Communications Act, 2003 and the Guidelines on Procedure for Granting Approval to Disconnect Telecommunications Operators, 2012.

At the expiration of five days from the date of this notice, MTN would discontinue passing voice and data traffic through Exchange and will, thereafter, utilise alternative channels in interconnecting with other network service providers.

 

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