Alleged Fraud: Judge’s absence stalls Fayose’s trial – Newstrends
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Alleged Fraud: Judge’s absence stalls Fayose’s trial

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Ayodele Fayose

The money laundering trial of a former Governor of Ekiti state, Ayodele Fayose, was on Monday, stalled before a Federal High Court Lagos as the trial court did not sit.

The trial which was fixed for continuation on Monday, could not proceed as the trial judge Justice Chukwujekwu Aneke was said to be attending a conference.

A new date will now be agreed on by the parties in due course

Fayose is being prosecuted by the Economic and Financial Crimes Commission (EFCC) for N6.9billion fraud and money laundering charges.

He was first arraigned on Oct. 22. 2018, before Justice Mojisola Olatotegun, alongside his company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.

He had pleaded not guilty to the charges and was granted bail on Oct. 24, 2018, in the sum of N50 million with sureties in like sum.

The defendant, was, however, subsequently, re-arraigned before Justice Chukwujekwu Aneke, on July 2, 2019, after the case was withdrawn from Justice Olatoregun, following EFCC’s petition.

He had also pleaded not guilty to the charges and was allowed to continue on the earlier bail granted, while the case was adjourned for trial.

The commission has since opened its case before Justice Aneke, and is still leading witnesses in evidence.

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In December 2021 EFCC had called its 11th witness, one Mrs Joanne Tolulope, who had narrated how Abiodun Agbele, an associate of Fayose, bought properties worth several millions.

Trial will now continue on the next adjourned date.

The News Agency of Nigeria (NAN) reports that during trial before Justice Olatoregun. the prosecution had called witnesses, from several commercial banks, as well as a former Minister of State for Defence, Sen. Musiliu Obanikoro.

According to the charge, on June 17, 2014, Fayose and one Abiodun Agbele were said to have taken possession of the sum of N1.2 billion, for purposes of funding his gubernatorial election campaign in Ekiti, which sum they reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have received a cash payment of the sum of five million dollars, (about N1.8 billion) from the then Minister of State for Defence, Sen. Musiliu Obanikoro, without going through any financial institution.

He was also alleged to have retained the sum of N300 million in his account and took control of the aggregate sums of about N622 million which sum he reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have procured De Privateer Ltd and Still Earth Ltd, to retain the aggregate sums of N851 million which they reasonably ought to have known formed part of crime proceeds.

Besides, the defendant was alleged to have used the aggregate sums of about N1.6 billion to acquire properties in Lagos and Abuja, which sums he reasonably ought to have known formed part of crime proceeds.

He was also alleged to have used N200 million, to acquire a property in Abuja, in the name of a family member.

The offences contravene the provisions of sections 15(1), 15 (2), 15 (3), 16(2)(b), 16 (d), and 18 (c) of the Money Laundering Prohibition Act 2011.

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Yuletide: Chisco deploys new luxury, mini buses, top quality services

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Yuletide: Chisco deploys new luxury, mini buses, top quality services

…hails Tinubu for 50% fare rebate

Nigeria’s Transport Company of the Year, Chisco Transport Ltd, has deployed in various routes nationwide its newly procured new luxury and mini buses with the latest innovative features in the industry.

It assured the travelling public of safe and top quality services on all its routes this Christmas/New Year season, and beyond.

It stated this in a statement released on Tuesday, adding that the company, which had been one of the country’s front runners in long distance passenger transportation and logistics for over 45 years, recently inaugurated about four new branches in order to bring its services closer to its teeming customers.

It listed some of the new branches that had helped to boost service delivery this Yuletide season as in Awka, Enugu, and on Okota Road (near Cele Bus Stop on Oshodi-Apapa expressway), Lagos.

It stated, “This is in addition to embarking on a comprehensive maintenance of the existing fleet of buses in order to ensure they are in roadworthy shape for trips across Nigeria and the Lagos-Cotonou-Lome-Accra international route.

“Apart from advanced safety features like real-time GPS tracking and efficient safety systems, the new-look Chisco Transport fleet, featuring state-of-the-art buses, has all it takes to guarantee that passengers travel in style with their comfort and safety prioritised this season.”

It stated that the updated fleet had enhanced the popular Chisco 24 to 48-hour nationwide mail and parcel services.

All these, the leading transport solutions and logistics provider said, are part of deliberate efforts to ensure seamless and comfortable bus and logistic services to the customers during the 2024 Yuletide season and thereafter.

Chisco’s Head of Business Operations, Mr Buchi Ochuba, in the statement explained that the same commitment to ensuring safe and comfortable trips out of major cities and towns before Christmas, would also be deployed to return journeys in the new year.

He said that the management was aware that the huge investments the company had been making towards upscaling its services recently earned it the Transport Company of the Year at the recent Nigeria Auto Journalists Association (NAJA) Awards in Lagos.

Ochuba reiterated Chisco Transport’s resolve to sustain the high standards that earned the company an enviable reputation, as well as continue investments in safety and comfort of travellers that have earned it the confidence of the travelling public and the auto journalists’ award.

“We appreciate the fact that in adjudging Chisco Transport the Transport Company of the Year, NAJA must have taken into consideration the high standards of our services, the over 50 new air-conditioned buses we procured recently, the new branches we inaugurated, our customer reward scheme and other investments we made to enhance passenger transportation and logistics,” Ochuba stated.

According to him, everything is in place to make certain that the teeming Chisco Transport customers all over Nigeria and on the international route enjoy top quality services, adding “We wish them a wonderful Christmas and a highly prosperous 2025.”

Chisco Transport also applauded President Bola Tinubu for the gesture of subsidising inter-state luxury bus transport fares by 50 percent this Christmas season.

Drawing attention to the importance of infrastructure to the road transportation business, the statement further commended the President for the appreciable allocations for the sector in the 2025 budget.

“We, therefore, wish to urge members of his cabinet to put in more deliberate efforts to help the President attain his vision with speedy and prudent execution inspired by patriotism.”

On the current sharp increase in fares across the routes, the award-winning transport company blamed the situation on rising costs of maintaining the buses, as well as on the high pump prices of diesel and petrol.

The Head of Operations, however, added that at the peak of every Christmas season, long distance buses are almost empty during return trips, which leads to a situation whereby the fares for the first journeys are raised to cushion the losses incurred during reverse trips.

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NLC insists on withdrawal of Tax Reform Bills

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NLC insists on withdrawal of Tax Reform Bills

The Nigeria Labour Congress, NLC, yesterday insisted on the withdrawal of the Tax Reform Bills forwarded by President Bola Tinubu to the National Assembly for passage to enable all key national stakeholders to be part of the process.

Recall that the bills had drawn sharp criticisms from some parts of the country, especially the north, which saw them as anti-growth in the region.

It also implored the government at all levels to prioritise the welfare and well-being of the citizens in 2025.

In its New Year message to Nigerians, especially workers, the President of NLC, Mr Joe Ajaero, equally said organised labour would step up its battle for an upward wage review for workers to mitigate the high costs of living.

The message, titled “In 2025, hope is in our collective resolve,’’ read: “As we step into the year 2025, the Nigeria Labour Congress, NLC, extends warm New Year greetings to every worker and citizen across our great nation.

‘’The challenges of survival we have faced as a people must not hold us down. Instead, let us find inner strength to build a collective resolve to drive Nigeria out of the morass of underdevelopment that has held it captive for far too long.

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“No external power will deliver us from the scourge of economic hardship and stagnation. It is only through our collective effort and determination that we can propel our nation forward.

“We must build inner strength to find this collective resolve across the length and breadth of our great nation. This is our civic responsibility—one we must embrace with unwavering determination.
“We call on the government at all levels to ensure that governance translates into real benefits for the people. The welfare of the citizens remains the primary justification for the existence of any government.

“Access to food and nutrition, better healthcare, quality housing, education, transportation and greater security of lives and properties, including the right to participate in decisions on how they are ruled, are the key expectations of the people and workers.

“Policies must, therefore, reflect transparency, honesty, and inclusivity, devoid of chicanery, nepotism, and strong-arm tactics.

“To create a thriving, democratic nation, we need a system built on the tenets of social dialogue, allowing critical stakeholders to participate actively in nation-building. Such inclusiveness will foster deeper ownership of government policies, ensuring stability and sustainability.

“It is on this premise that we once again call on the federal government to withdraw its present tax bills before the National Assembly so that all key national stakeholders will be part of the process.
‘’As we embark on a national dialogue in Ibadan in January, 2025, we want to join hands in co-creating a new national tax law that would enjoy wider acceptance and fulfill its purpose of propelling national development which we believe is the main objective of government.

“As we move into 2025, we urge the federal government to prioritize industrial peace by taking social dialogue seriously, pursuing pro-human-progress policies, and respecting agreements with trade unions.

 

NLC insists on withdrawal of Tax Reform Bills

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Wike: Demolition of illegal buildings, shanties in FCT to continue

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Federal Capital Territory Minister, Nyesom Wike

Wike: Demolition of illegal buildings, shanties in FCT to continue

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike has vowed that he will continue his demolition of shanties, illegal buildings and enforcement of payment of ground rent in the territory in the new year without bothering about what anybody will say.

Speaking after he inspected the ongoing construction Outer Southern Expressway (OSEX), Abuja Division of the Court of Appeal and Saburi – Dei Dei road, in Abuja on Tuesday, Wike said he will not be distracted by the controversies that have trailed his ongoing demolition of structures in the FCT.

“Nothing distracts me. I am very focused,” Wike replied when asked by journalists whether the outcries over ongoing demolition and enforcement of ground rent may cause a huge distraction in 2025.

“Even if people are complaining, it is part of governance. You don’t expect that you will superintend over the affairs of people and then you satisfy everybody.

“People must complain, but I can tell you such complaints cannot distract us. I am very focused, and since it is part of our job, we will continue to do what is necessary.

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“Forget about what people say about demolition, demolition must go ahead. We demolish shanties, we demolish illegal buildings. It doesn’t matter what anybody will say.

“At the end of the day, they will still come back to say, ‘you did a good job.’

“So, don’t bother about what people say, be focused and at the end of the day, you will achieve results for a greater number of people, not for a few individuals,” Wike added.

The Minister however said the FCT Administration will do more for the residents of the capital city in 2025.

According to him, things will get better, God willing, for residents of FCT in the coming year.

“All we still require is the support of residents; of business owners, so that we can achieve more than what we have achieved in 2024.

“So, I pray that God Almighty will continue to protect us and give us better security as we experienced in 2024.

“Everybody can see, even within this festive period, security is quite intact, and we believe in 2025, we will get a better Abuja,” he said.

 

Wike: Demolition of illegal buildings, shanties in FCT to continue

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