CBN obtains court order to freeze #EndSARS promoters’ accounts – Newstrends
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CBN obtains court order to freeze #EndSARS promoters’ accounts

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The Central Bank of Nigeria has obtained a court order to freeze the accounts of 20 #EndSARS promoters till January 2021.

The order was pursuant to a motion ex parte filed by the CBN before a Federal High Court.

The certified true copy of the order obtained by an online medium, Peoples Gazette, showed that the CBN applied for the restriction of the 20 accounts on October 20 which was several days after it had already ordered commercial banks to freeze the accounts.

The suit marked FHC/ABJ/CS/1384/2020 listed the 20 defendants as – Bolatito Oduala, Chima Ibebunjoh, Mary Kpengwa, Gatefield Nigeria Limited, Saadat Bibi, Bassey Israel, Wisdom Obi, Nicholas Osazele, Ebere Idibie, Akintomide Yusuf, Uhuo Promise, Mosopefoluwa Odeseye and Adegoke Emmanuel.

Others include Umoh Ekanem, Babatunde Segun, Mulu Teghenan, Mary Oshifowora, Winifred Jacob, Victor Solomon, and Idunu Williams.

The banks where the accounts are domiciled include Access Bank, Guaranty Trust Bank, Fidelity Bank, First Bank, United Bank for Africa, and Zenith Bank.

The lawyers representing the CBN were led by a former Attorney-General of the Federation, Michael Aondoakaa (SAN).

Justice A.R Mohammed ordered that the accounts should be frozen for the next 90 days subject to renewal.

“It is hereby ordered as follows, ‘A mandatory order is made empowering the plaintiff/applicant to direct the head office of Access Bank of Nigeria Plc, Fidelity Bank Plc, First Bank of Nigeria Plc, Guaranty Trust Bank Plc, United Bank for Africa Plc and Zenith Bank Plc to freeze forthwith all transactions on the 20 bank accounts listed for a period of 90 days pending the outcome of investigation and inquiry currently being conducted by the Central Bank of Nigeria.

“It is, however, directed that the 90-day freezing order, when it lapses, may be renewed upon good cause shown by the applicant.

“It is also directed that any person, whether artificial or natural, that is affected by this order may apply to the court to have his grievance or complaint heard by the court. The suit is adjourned till February 4, 2021.”

It was, however, observed that the judge did not order that the defendants be served with any court process, thereby leaving them unaware of the restriction of their accounts.

The PUNCH had reported on Wednesday that the Federal Government had clamped down on notable persons who took part in the #EndSARS protests.

The Nigeria Immigration Service had on Sunday prevented one of such persons, Modupe Odele aka Mochievous, from leaving the country and seized her passport.

The Rivers State medical coordinator of the #EndSARS protest, Bassey Israel, had also told this newspaper that his account was frozen and had threatened to sue the bank.

-The Punch

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Nigeria ranks 36th on most corrupt countries’ list (full list)

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Nigeria ranks 36th on most corrupt countries’ list (full list)

Transparency International, a global coalition against corruption, has ranked Nigeria as the 36th most corrupt country in the world, according to the 2024 Corruption Perceptions Index (CPI) released on Tuesday.

Nigeria shares the 36th position with Uganda, Mexico, Madagascar, Iraq and Cameroon, each scoring 26 points on the corruption index.

Denmark retained its position as the least corrupt country in the world with 90 points, followed by Finland with 88 points and Singapore with 84 points. The top 10 least corrupt nations were predominantly European, with no African country making the list.

However, Cape Verde emerged as the least corrupt country in Africa, ranking 35th globally with 62 points.

At the other end of the spectrum, South Sudan, Somalia and Venezuela were named the most corrupt countries in the world for the year under review.

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Commenting on the report, Francois Valeria, Chair of Transparency International, emphasised the widespread threat of corruption and its impact on global challenges such as climate change.

“The 2024 Corruption Perceptions Index (CPI) shows that corruption is a dangerous problem in every part of the world, but change for the better is happening in many countries,” Valeria said.

“Research also reveals that corruption is a major threat to climate action. It hinders progress in reducing emissions and adapting to the unavoidable effects of global heating.”

The CPI ranks 180 countries and territories worldwide based on perceived levels of public sector corruption, using a scale from 0 (highly corrupt) to 100 (very clean).

While 32 countries have significantly reduced corruption levels since 2012, Transparency International noted that 148 countries have either stagnated or worsened in the same period.

“The global average of 43 has also stood still for years, while over two-thirds of countries score below 50. Billions of people live in countries where corruption destroys lives and undermines human rights,” Valeria added.

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Nigeria commiserates with Namibia on death of ex-President Nujoma 

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Nigeria commiserates with Namibia on death of ex-President Nujoma

 

The Federal Government has commiserated with the government and people of the Republic of Namibia on the passing of their first President, Dr. Sam Nujoma.

Nujoma, the founding president of Namibia died at the weekend at the age of 95 years.

The revolutionary leader, who served as Namibia’s first president for 15 years, died on Saturday night in the nation’s capital, Windhoek.

Namibian President Nangolo Mbumba said Nujoma died from an illness after being hospitalised in the capital, Windhoek.

A statement by Acting Spokesperson for Nigeria’s Ministry of Foreign Affairs, Mr. Kimiebi Imomotimi Ebienfa, described the departed leader as a visionary and a pan-Africanist.

The statement read, “The departed elder statesman was a visionary leader, a pan-Africanist and a relentless freedom fighter, who dedicated his life to the emancipation of Namibia from colonial rule.

“His unwavering commitment to justice, equality and self-determination not only shaped the destiny of Namibia but also inspired generations of Africans in the fight against oppression and injustice.

“As the pioneer President, Dr. Nujoma laid the foundation for a nation built on the principles of democracy, reconciliation, and development.

“His leadership set the country on a path of peace and progress, earning him the respect and admiration of the international community.

“Nigeria shares in the grief of our Namibian brothers and sisters at this moment of profound loss. We remember Dr. Nujoma as a true friend of Nigeria and a steadfast ally in pursuing African solidarity and cooperation.

“His legacy as a freedom fighter and statesman will forever remain a source of inspiration for the continent.

“Therefore, in this time of mourning, Nigeria stands in solidarity with the people of Namibia and reaffirms our commitment to strengthening the bonds of friendship and partnership between our two nations. May his soul rest in eternal peace.”

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Obasanjo: Leaders have to step on toes, I sacked my daughter for coming late 

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Obasanjo: Leaders have to step on toes, I sacked my daughter for coming late 

 

Former President Olusegun Obasanjo says all political of note have had to take difficult decisions including stepping on big toes.

He recalled how he had to sack his daughter from his farm on account of late coming to work.

According to Obasanjo, that action had a major effect on all his employees and they said, “if Baba could do this to his daughter, who are we?”

The former President made the disclosure while hosting the new Chairman, Board of Management of Federal Medical Centre Idi-Aba in Abeokuta, Dr Dayo Israel, who was on courtesy visit to him the Olusegun Obasanjo Presidential Library, Abeokuta, Ogun State.

He told his visitor to prepare for the challenges ahead and be ready to step on toes, if necessary, for a successful tenure of office.

He said, “No leader of note I ever come across achieved without stepping on toes.”

Dr Israel was in company of the FMC, Abeokuta Medical Director, Prof. Adewale Musa-Olomu, and members of his management team.

The former President, according to a statement by the hospital’s Head of Public Relations, Dr Segun Orisajo said: “If you’re doing a job and you’re not stepping on toes, then you’re not effective.

“Shortly after I left office as Head of State, my first daughter, then at University of Ibadan, studying Veterinary Medicine was engaged on my farm to gain some practical experience during long vacation”.

“On day one, she resumed a quarter past seven in the morning as against the usual 7 o’clock. I warned her, reminding her that she has an obligation to be of good example to other workers. I told her I will not hesitate to wield the big stick should the same be repeated going forward.

“To my amazement, the following day, she was late to work again. I did not hesitate to send her back right from the gate.”

“Not surprisingly, this had an indescribable effect on all my employees, saying “if Baba could do this to his daughter, who are we?”

Earlier, the FMCA Board Chairman, Dr Israel, described Obasanjo as an international colossus, full of wisdom and wits.

Israel said: “Meeting Baba Obasanjo is always so much fun. As we begin this journey of transformation at FMC Abeokuta, Baba’s wisdom and experience are invaluable.”

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