News
Nigeria wins as US set to return $8.9m looted under Jonathan
Nigeria wins as US set to return $8.9m looted under Jonathan
A Royal Court in Jersey, United States, has reportedly ordered that stolen assets totaling £6.9 million ($8.9 million) be returned to Nigeria.
Nigerian government officials allegedly diverted the assets in 2014 under the premise of acquiring guns to fight Boko Haram militants.
According to BBC, the court ruled that the money, deposited in a Jersey bank account, was likely stolen by officials in the Nigerian Government in 2014.
Controversies had surrounded the purchase of weapons in the fight against insurgency with the then National Security Adviser, Sambo Dasuki, being accused of diverting funds meant for security equipment during Jonathan’s administration.
Also in late 2014, a private jet was arrested in South Africa with $10m cash, which was allegedly meant for the purchase of military weapons.
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However, the order of the Royal Court in Jersey followed a forfeiture notice to the court by Jersey’s Attorney General, Mark Temple KC.
The court held that the funds were deposited in a Jersey bank account and were not used for the arms purchase.
Temple said the Government of Jersey was in close partnership with Nigeria on the repatriation of the funds.
The AG claimed part of the funds were shared with family members of politicians in the then-ruling Peoples Democratic Party ahead of the 2015 general election.
“This case again demonstrates the effectiveness of the 2018 Forfeiture Law in recovering the proceeds of corruption and restoring that money to victims of crime.
“I now intend to negotiate an asset return agreement with the Federal Republic of Nigeria,” he said.
Nigeria wins as US set to return $8.9m looted under Jonathan
News
I’m alive, Obasanjo reacts to death rumour
I’m alive, Obasanjo reacts to death rumour
Former President, Olusegun Obasanjo, has said he is alive, hale and hearty.
He stated this in reaction to rumours of his death being reportedly spread on some social media platforms.
He spoke in Osogbo, Osun State, during the inauguration of the Old-Garage/Oke-Fia Road reconstructed by Governor Ademola Adeleke.
Obasanjo said those who wanted him dead were spreading the rumour of his death on the social media.
He said, “I heard the rumour that I was dead. I saw it on the social media. I quickly told my children and my relations that it was not true and that I’m alive.
“Those that want me dead, that is their wish, but God still keeps me alive.”
Obasanjo praised Adeleke for his performance in Osun and charged the governor to keep up the work.
Governor Adeleke assured the people of the state that his administration would complete all the ongoing projects.
“My dear people of Osun State, our administration has constructed over 120 kilometres of roads across the state.
“Two major flyovers are also progressing to completion at Osogbo while work is progressing at the Ile Ife Flyover and Ilesa dualisation.”
News
Tinubu jets out to France on three-day visit
Tinubu jets out to France on three-day visit
President Bola Tinubu will travel to France today (Wednesday) for a three-day state visit at the instance of the French president.
A statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, confirmed this.
It said, “The Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, particularly in agriculture, security, education, health, youth engagement and employment, innovation, and energy transition, promises significant benefits for Nigeria.”
Onanuga said Tinubu and Macron would harmonise positions on stimulating more interest in exchange programmes that focus on skill development for youths and improving their competencies in automation, entrepreneurship, innovation, and leadership.
“Both leaders will participate in political and diplomatic meetings highlighting shared values on finance, solid minerals, trade and investments, and communication,” he added.
“They will also witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.”
The presidential adviser stated that the Nigerian first lady and her French counterpart would discuss solutions for empowering women, children, and the most vulnerable through the Renewed Hope initiative.
News
Yahaya Bello reports to EFCC office with lawyers
Yahaya Bello reports to EFCC office with lawyers
A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.
Bello went to the anti-graft office with his lawyers in the morning.
The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.
He was said to have been taken by some operatives of the agency and are currently being grilled.
This is coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.
The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.
It stated that the 30-day window was still running for the summons earlier issued.
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