Court seizes $4.7m, N830m, multibillion assets linked to Emefiele – Newstrends
Connect with us

News

Court seizes $4.7m, N830m, multibillion assets linked to Emefiele

Published

on

Court seizes $4.7m, N830m, multibillion assets linked to Emefiele

A Federal High Court sitting at Ikoyi, Lagos has ordered an interim forfeiture of the sums of $4,719,054 million USD, N830,875,611 million, and several properties linked to the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

Justice Yellim Bogoro made the order on Thursday, May 23, 2024 following an ex-parte argued by the Economic and Financial Crimes Commission (EFCC) counsel, Bilkisu Buhari and C.C Chineye.

“I find merit in the application and same hereby granted as prayed.

“The applicant should publish this order in any daily newspapers circulating all over the federation for anybody who is interested to show cause why the final order final order of forfeiture should not be made,” Justice Bogoro held.

The monies forfeited to the Federal Government in the interim, were said to be warehoused in some banks operated by Omoile Anita Joy; Deep Blue Energy Service Limited; Exactquote Bureau De Change Ltd; Lipam Investment Services Limited; Tatler Services Limited; Rosajul Global Resources Ltd and TIL Communication Nigeria Ltd.

Emefiele’s properties forfeited to the federal government include; 94 Units of 11 Storey building under Construction at 2, Otunba Elegushi 2nd Avenue (Formerly Club) Road, iKoyi, Lagos; AM Plaza, 11 Story Office Space, Situate on 1E,Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos; Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos; Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, ibeju-Lekki LGA, Lagos and 2 properties purchased from Chevron Nigeria, Closed PFA Fund, Block B.Lot.Twin Completed property Lakes Estate. Lekki, Lagos.

READ ALSO:

Others include; One plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA; Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam investment Services; a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a Property Situate on 8, Bayo Kuku Road, lkoyi Lagos.

The EFCC had approached the court for an interim forfeiture of the monies and properties, pursuant to Section 17 of the Advance Fee Fraud and other Fraud Related Offence Act. 14 2006, Section 44(2)(b) of the Constitution and under the inherent jurisdiction of the court.

Specifically, the anti-graft asked the court for the followings; “an Interim Order forfeiting to the Federal Government of Nigeria the funds warehoused in the accounts particularized in Schedule ‘A’ which funds are reasonably suspected to be proceeds of unlawful activities.

“An Interim order forfeiting to the Federal Government of Nigeria Properties provided in 2nd Schedule ‘B’ which are proceeds of unlawful activities.

“An Order directing the publication In any National Newspaper, the interim order under reliefs 1-2 above, for anyone who Is interested in the properties and funds sought to be forfeited to appear before this Honourable Court to show cause within 14 days why the final order of forfeiture of the sald properties and funds should not be made in favour of the Federal Government of Nigeria.”

In granting the ex-parte motion Justice Bogoro after he had taken submission of the EFCC’s counsel held; “I have listened to the submission of the applicant’s counsel and also perused the motion just moved, together with the affidavit in support.”

The case was adjourned to July 2, 2024 for motion for final forfeiture.

Court seizes $4.7m, N830m, multibillion assets linked to Emefiele

News

Tinubu orders sanctions against civil servants collecting salaries after relocating abroad

Published

on

President Bola Tinubu

Tinubu orders sanctions against civil servants collecting salaries after relocating abroad

President Bola Tinubu has directed that all civil servants drawing salaries from the government after relocating abroad should be made to refund the money.

The President also directed that the supervisors and department heads of the culprits must also be punished for aiding and abetting the fraud under their watch.

Tinubu’ gave the directive on Saturday at the award night organised by the Office of the Head of the Civil Service of the Federation to commemorate the 2024 Civil Service Week.

The event was also to honour some outstanding civil servants in core ministries.

Represented by the Secretary to the Government of the Federation, George Akume, the President expressed dismay over the attitude of the ghost workers.

“During my recent visit to South Africa, I kept abreast of the week’s activities.

“I was particularly struck by the revelations the Head of the Civil Service shared regarding employees who had relocated abroad while drawing salaries without formally resigning.

“It is heartening to hear that measures have been taken to address this issue, but we must ensure those responsible are held accountable and restitution is made.

“The culprits must be made to refund the money they have fraudulently collected.

READ ALSO:

“Their supervisors and department heads must also be punished for aiding and abetting the fraud under their watch,” Tinubu said.

He reiterated that the government would take appropriate measures to ensure they were punished and the money refunded to the government treasury.

The President acknowledged the challenges in the civil service sector and reiterated his commitment to address them for optimal performance.

“Our administration acknowledges the challenges the civil service is facing.

“I want to assure you that we are committed to ensuring the welfare and development of all civil servants to deliver optimal performance for the growth of our nation.

“Over the past year, I have provided all the necessary support to the Head of the Civil Service of the Federation to ensure the continued stability of the civil service.

“I also supported the office in implementing far-reaching policies and reforms capable of improving efficiency and service delivery, ” the president said.

The News Agency of Nigeria reports other activities to mark the night were the presentation of the top three prizes to the winners and additional N500,000 cash prizes to 40 workers.

Making the presentation, Dr Folasade Yemi-Esan, the HOCSF announced the top three prizes won by three lucky officers at the event.

“The Star Prize is a Brand New 2023 JAC JS4 Luxury Model SUV; the second is a 2 Bedroom semi-detached bungalow; and
the third top prize is a serviced plot of land measuring 400 sqm.

“I am also pleased to announce that the Nigeria Customs Service has graciously committed to donating six Toyota Camry Cars in support of the 2024 Civil Service Week.

“The office has started receiving the vehicles, and these will be presented as prizes to the next set of runner-up best-performing officers,” she said.

Tinubu orders sanctions against civil servants collecting salaries after relocating abroad

Continue Reading

News

200 subscribers battle Ogun govt over housing scheme allocation two years after payment

Published

on

Ogun State Governor, Dapo Abiodun

200 subscribers battle Ogun govt over housing scheme allocation two years after payment

Over 200 applicants are at loggerheads with the Ogun State Government over delays in allocating houses to them more than two years after they made payment into the government’s coffers.

Governor Dapo Abiodun hinted that he inherited over 500,000 housing deficits upon assuming office on May 29, 2019. He admitted the daunting challenge, but vowed to close the gap by at least 50 per cent before the expiration of his administration; possibly after eight years.

“We met on the ground a very wide gap of housing deficit in the state, and by our postulation, we have nothing less than 500,000 housing gap in Ogun State.

“And we know that four years, eight years down the line, we may not be able to fill that gap, but we should be sure that at the end of the day we achieve nothing less than 50 per cent of that gap. It looks as if it’s a tall order, but with the market in place, we believe that we can achieve that, not forgetting the fact that Ogun State today is the industrial hub of the nation,” the Commissioner for Housing, Jagunmolu Omoniyi, had told newsmen in September, 2020.

To bridge the gap, the government embarked on a series of housing projects in Abeokuta, Sagamu, Ijebu-Ode, Ilaro, among other towns.

In July, 2021, Gov Abiodun inaugurated a 130-housing unit in Kemta, Idi Aba in Abeokuta. The project, christened Prince Court Estate, is the first phase of the 300 detached and semi-detached two and three-bedroom structures.

There, Abiodun said although shelter was one of the basic needs of human beings, it had continued to be one of the most expensive assets to be owned by individuals, adding that his government would harness all resources to provide affordable shelter for the people of Ogun.

READ ALSO:

He said, “This is part of our deliberate approach to ensure that Abeokuta, the capital city of Ogun State, has befitting infrastructure and amenities that will make it stand out as a capital city, not only in Nigeria, but throughout Africa. We are doing this in collaboration with the United Kingdom’s Future Cities Project.”

He added that Gateway Mortgage Bank had been directed to provide the much-needed mortgage for subscribers of the housing units.

However, it was gathered that the housing scheme appears to be battling integrity as about 200 subscribers have not been handed their property more than two years after payment of 5,500,000 each.

The applicants, represented by Adeyemi Aremu, cried out over the delay and accused Governor Abiodun’s administration of failing to deliver on its promise.

Aremu, while explaining that the housing scheme was managed by the Ogun State Ministry of Housing, presented receipts to support his claim, revealing that over 200 qualified applicants had been approved and listed, but without allocation.

Aremu lamented that Gateway Mortgage Bank had not protected its clients or ensured they received their homes, even as many continued to pay mortgage instalments with interest.

He said, “The Gateway Mortgage Bank should have secured our homes upon making an agreement.”

Reacting, the housing commissioner confirmed the non-allocation of the houses to the applicants, saying the market value of the property had gone up as high as N20m as against the N5.5m paid by them.

He noted that the government immediately activated a stakeholders’ meeting to resolve the issue as quickly as possible.

He said, “The truth of the matter is that the delay in the process of allocation to applicants was caused by the sudden need for variations in the cost of the property as a result of galloping inflation as witnessed in the last year; as the cost value of the houses have gone up as against the N5.5m initially paid by the applicants, with such houses commanding up to N20m in the open market.

“Consequently, the government plans to engage all the applicants through various stakeholders’ meetings, as there will be an adjustment in the price of the property.

READ ALSO:

“To this end, those who are willing and able to meet up with the little adjustment will immediately get their allocations attended to and delivery structured within record time at the conclusion of the stakeholders’ meetings, while those who cannot afford the adjustment will be free to request for instant refund of their deposits, plus CBN’s prescribed interest rate.”

Meanwhile, the applicants rejected the two options from the government, insisting they must be given their due allocations.

One of the applicants, Adeboye Kilani, explained that some applicants got their allocation in the first and second phases, saying those affected belonged to the third phase.

While speaking during an interactive programme on Splash FM 106.7, Abeokuta, Kilani described the government’s position as a breach of contract which could not stand.

He said, “Some of us are retirees and we paid with our pension. Where do they expect us to see money to pay up to N20m? The governor has to do something on this because this is a breach of agreement. We have all paid fully.

“Will the government also demand an additional payment from those who have gotten their property and occupied them?”

Responding to a question on whether he thought the amount paid that time was enough to complete the property in question, Kilani responded, “They called it a carcass. The structure will not be completed. There will be structure and roofing on it and inside it, nothing will be done, no plastering. We will be the ones that’ll complete the buildings before moving in.”

Aremu also rubbished the government’s justification for the price hike of over 300 per cent, insisting that the delay in allocation was not their fault, saying, “We vehemently reject the refund or increment.”

He asked the government to acknowledge that the delay in prompt allocation after payment caused the so-called price variation and to take responsibility for defaulting.

He outlined the history of the transaction: applicants purchased forms for 5,000 and paid 5.5m for each house, with retired civil servants paying a discounted rate of 4.95m.

He explained that, “These payments were made in 2020 and 2021. Despite this, no allocations have been made to over 200 qualified applicants whose names were approved and published.

“What excuse can there be three years after we fulfilled our part of the bargain by duly paying? Are we responsible for the delay?”

READ ALSO:

He warned that any price increase from the 5.5m to 20m or refund would amount to fraud and erode public trust in the state government.

Another subscriber, Olusola Akinlotan, said that the government should bear the brunt rather than “playing the fast one on the applicants.”

Akinlotan said the government, through its officials, met with the applicants three times and that the only reason given for the delay was the planned commissioning by the then Vice President, Yemi Osinbajo.

On his part, Matthew Dada, another applicant, questioned the government’s silence on the non-allocation.

He said, “If they really mean good for the people who have already paid, why is it now that the commissioner is just talking, and this is after one Mr Aremu raised alarm over the issue last week.

“Everyone has been in pain of what is happening in Ogun State. This is not right at all.

“There is no part of the world where this is happening. They all travel round the world; is this the practice they see in America, England or Germany? Someone is buying a house and has paid fully and yet three years down the line the house has not been given. This is not right!

Meanwhile, the commissioner described the alleged scandal as “an illusion by fifth columnists.”

He added that individuals behind the alleged scandal “are criminals in civil regalia who tried unsuccessfully to manipulate the laudable initiative, especially the ongoing Ogun State GRA Regeneration Scheme, especially that of Ibara, Abeokuta.”

Omoniyi, in a statement, said, “In actual fact, those who are behind this fake news are individuals who had tried unsuccessfully in the past to undermine and manipulate the ongoing Ibara Housing Estate Regeneration Scheme for selfish considerations.

“They, therefore, resorted to propaganda and cheap blackmail to paint the government and its laudable projects black in the eyes of the people, not knowing that the good people of Ogun State are too sophisticated to fall for these machinations.”

200 subscribers battle Ogun govt over housing scheme allocation two years after payment

Daily Trust

Continue Reading

News

Sexual exploitation: 24 Nigerian girls rescued in Senegal

Published

on

Dr Salihu Abubakar, Acting Nigerian Ambassador to Senegal, addressing some Nigerian girls who are rescued from sexual exploitation in Tamaccounda and Kedougou Regions of Senegal shortly before their repatriation to Nigeria from Dakar, Senegal on June 22, 2024 (Photo: NAN)

Sexual exploitation: 24 Nigerian girls rescued in Senegal

Combined operatives of the Nigerian Embassy and a Senegalese-based NGO have in an overnight operation rescued 24 Nigerian girls who were subjected to sexual exploitation in Tamaccounda and Kedougou Regions of Senegal.

Dr Salihu Abubakar, the acting Ambassador of the Nigerian Embassy in Dakar, Senegal disclosed this to the News Agency of Nigeria (NAN) in Dakar on Sunday.

According to him, the girls mostly under-aged, ranging between the ages of 11, 13 and 24 are being trafficked to Senegal, through Cotonou, Republic of Benin, via Mali to Senegal border for the purpose of sexual exploitation in Tamaccounda and Kedougou Regions.

“These girls and many more are being trafficked to Senegal, through Cotonou, Benin Republic via Mali to the Senegal border for prostitution,” the diplomat said.

READ ALSO:

Abubakar said preliminary investigation revealed that most of the girls, who were school dropouts were from Edo and Delta, adding that a few of them were from Imo and Abia while two others were from Plateau.

He, however, said of the 24, 22 were already repatriated weeks ago while the two other ladies were repatriated to Nigeria on Saturday and had landed in Nigeria safely.

The diplomat could not immediately give the details of the health status of the victims and other information regarding the time they spent while undergoing sexual exploitation in Senegal.

The envoy said that the successful repatriation of the girls to Nigeria was a clear indication of the strengthened international cooperation in combating human trafficking between the embassy and the Senegalese-based NGO, “Free the Slaves” (La Lumiere in French).

“Our main goal and number one priority is to discourage the trafficking of our girls to any part of the world for prostitution under any disguise,” Abubakar said.

Sexual exploitation: 24 Nigerian girls rescued in Senegal

Continue Reading

Trending