Ex-Chief of Staff indicts El-Rufai in money laundering case – Newstrends
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Ex-Chief of Staff indicts El-Rufai in money laundering case

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Former Kaduna State Governor, Mallam Nasir El-Rufai

Ex-Chief of Staff indicts El-Rufai in money laundering case

Alhaji Muhammad Bashir Sa’idu, the former Chief of Staff to Malam Nasir El-Rufai, has reportedly implicated his former principal, El-Rufai, in a confessional statement linked to an ongoing money laundering investigation.

Sa’idu was arrested and arraigned on December 31, 2024, at the Chief Magistrate Court in Rigasa, Kaduna, where he was remanded in custody.

Sa’idu faces charges related to the alleged sale of $45 million in hard currency, belonging to the Kaduna State Government, at a drastically undervalued rate of ₦410 per dollar, significantly lower than the parallel market rate of ₦498 per dollar. This action resulted in a loss of ₦3,960,000,000 to the state government.

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The prosecution claims that the incident occurred in 2022 when Sa’idu served as the Commissioner of Finance under El-Rufai’s administration.

The charges also allege that the funds were laundered in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

A security source, who spoke under condition of anonymity to The Nation, revealed that in his statement to police, Sa’idu claimed that the decision to convert the funds was made by the then-Governor, Malam Nasir El-Rufai, rather than by the Commissioner of Finance.

Sa’idu reportedly mentioned that El-Rufai personally instructed how much money to convert and oversaw the bidding process for currency conversion, often rejecting higher bids in favour of those offering less favourable rates.

Under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, anyone found guilty of such violations could face imprisonment for a term ranging from four to 14 years, alongside a fine of up to five times the value of the proceeds of the crime.

 

Ex-Chief of Staff indicts El-Rufai in money laundering case

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Four Chinese, 101 others arrested in Abuja for Internet fraud

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Four Chinese, 101 others arrested in Abuja for Internet fraud

EFCC arrests four Chinese, 101 others for suspected Internet fraud in AbujaIn its ongoing efforts to clean the nation of internet fraud and other acts of corruption, operatives of the Economic and Financial Crimes Commission, EFCC, have arrested four Chinese and 101 Nigerians in a business apartment in the Gudu axis of Abuja.

In a statement released today January 10, the commission stated that they were arrested on Thursday, January 9, 2025.

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The suspects, comprising 67 males (including four Chinese) and 38 females were allegedly involved in a hotel review job scam targeting victims and hotels in Europe and other parts of the world.

The statement adds that the suspects will be charged in court upon the conclusion of the investigations.

Four Chinese, 101 others arrested in Abuja for Internet fraud

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Presidency knocks Bala Mohammed, asks him to face problems in Bauchi

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Gov Bala Mohammed of Bauchi State and Mr. Sunday Dare, Special Adviser to the President, Media and Public Communication

Presidency knocks Bala Mohammed, asks him to face problems in Bauchi

The presidency on Friday cautioned Gov. Bala Mohammed of Bauchi State over his sustained criticism of the Tax Reform Bills before the National Assembly.

Mr Sunday Dare, Special Adviser to the President, Media and Public Communication, in a statement, said attempts to stampede or abort the tax Reform Bills must be regarded as undemocratic and self serving.

He said the President was clear that anyone or groups that felt strongly about the Tax Reform Bills before the National Assembly should take advantage of the legislative process.

“The question to Governor Bala Mohammed by journalists is to know what he is doing to make life better for the people of Bauchi State.

“How well has he as Governor used the increased resources at his disposal to improve the quality of life of his people?

He urged the governor to face governance and stop using President Tinubu to burnish his image.

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Dare said President Bola Tinubu’s administration was focused on issues of development and how to improve the overall well-being of Nigerians.

“The focus of this government is on how to build stronger collaborations with sub-nationals and other critical stakeholders on matters that affect the lives of Nigerians.

“President Tinubu won an election and secured a national mandate from Nigerians and he will not surrender that to satisfy the palate of some psuedo activists and later day crusaders.

“President Tinubu is a listening leader and also a leader that strongly believes in the institutions of state,” said Dare.

According to him, President Tinubu is focused on revamping the economy and working to turn the economic fortunes of the country around.

“He has a four-year mandate to deliver on his promises.

“Nigerians have started to see the real impact of reforms of the Tinubu administration and better outcomes will continue to manifest in the lives of the citizens in the weeks and months ahead.

“Governor Bala Mohammed should occupy himself with dealing with the many problems of his state. Ambition is made of sterner stuff,” said Dare.

 

Presidency knocks Bala Mohammed, asks him to face problems in Bauchi

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BREAKING: Rivers-born lawyer emerges president of Ohanaeze Ndigbo

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BREAKING: Rivers-born lawyer emerges president of Ohanaeze Ndigbo

Prominent activist and lawyer, Uche Okwukwu, has been elected as the President General of Ohanaeze Ndigbo Worldwide at its ongoing convention in Port Harcourt.

According to a statement from the returning officer, Dr. Achi Achi, the Ikwerre-born Okwukwu was elected unopposed at the event, which began on Thursday and is set to conclude on Friday.

Achi described the new leader as a progressive figure selected to unite and represent the Igbo community.

During his acceptance speech, Okwukwu expressed gratitude to the delegates, stating: “I humbly accept the enormous responsibility imposed on me to lead the Igbo race at this moment in our history.”

He outlined his primary goals, including advocating for the unconditional release of Indigenous Peoples of Biafra (IPOB) leader Nnamdi Kanu, promoting the restructuring of Nigeria, and uniting the Igbo community. “I shall live up to their high expectations,” Okwukwu pledged, committing to address the issues facing the Igbo nation.

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Okwukwu also vowed to work closely with governments, business leaders, and other stakeholders to tackle challenges within the region. He emphasized plans to push for the modernization of Igbo language and infrastructure, such as the dredging of coastal ports and creating a foundation for industrial development in the region.

Furthermore, he promised to advocate for the creation of Anioma State and other new states to balance the interests of the Igbo people.

Okwukwu pledged to work hand in hand with ethnic groups nationwide to drive restructuring and ensure the integration of Igbo communities across the country into the Ohanaeze framework.

The convention, held in Port Harcourt, brought together delegates from the South-East, Diaspora, and over 200 cultural and social groups. Okwukwu emerged as a consensus candidate due to his independence and vision for unity, marking a new chapter for the Igbo socio-cultural organization.

BREAKING: Rivers-born lawyer emerges president of Ohanaeze Ndigbo

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