Pandora Papers: EFCC invites Peter Obi for questioning – Newstrends
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Pandora Papers: EFCC invites Peter Obi for questioning

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Former Governor of Anambra State, Peter Obi, whose secret and alleged illegal offshore activities were reported in the ongoing Pandora Papers series, has been summoned for questioning by the Nigeria’s anti-corruption agency, Economic Financial Crimes Commission.

It is the first known action by any Nigerian law enforcement agency since PREMIUM TIMES started reporting influential Nigerians involved in offshore shenanigans exposed through the global Pandora Papers investigation.

The Presidency has directed that Nigerians exposed in the reports be investigated, according to reliable sources in the Aso Rock, the seat of power.

It was learnt that the EFCC communicated the invitation to Obi during the week and he has been asked to report at the agency’s Abuja headquarters on October 27 to face investigators.

Sources separately said the invitation is in connection with revelations in our Pandora Papers report. The report exposed how Mr Obi incorporated offshore holdings, which he did not declare to the Code of Conduct Bureau when he served as a governor and how he continued to manage his Next International UK Limited 14 months after becoming a governor. In addition, he also continued to operate a foreign account as a governor.

All these actions, which had been secret until our report, were in contravention of Nigeria’s laws on code of conduct for public officers, PREMIUM TIMES reported. Mr Obi has, however, continued to claim no wrongdoing.

However, a source at the anti-graft agency said the Pandora Papers revelations only served as a lead for investigators and that “a number of issues” are now being investigated regarding Mr Obi and his offshore dealings.

Pandora Papers: Investigation Reveals How Ex-Nigerian Governor, Peter Obi Repeatedly Broke The Law Amid Many Secret Businesses

Apart from Mr Obi, acting NPA MD, Mohammed Bello-Koko, and former minister and serving senator, Stella Oduah, have been reported in the PREMIUM TIMES’ ongoing Pandora Papers series.

Others included Governor Abubakar Bagudu of Kebbi State, Governor Gboyega Oyetola of Osun State as well as his associates including former Lagos Bola Tinubu, and Ogun State Governor Dapo Abiodun. We also reported the offshore links of children of former NSA Sambo Dasuki and billionaire Leno Adesanya.

It was learnt that President Muhammadu Buhari had requested relevant law agencies, including the EFCC, Nigerian Financial Intelligence Unit, and the Code of Conduct Bureau to investigate all Nigerians whose secret, many times suspicious, dealings were exposed in Pandora Papers series.

It is not clear if the EFCC’s action on Mr Obi is connected to Mr Buhari’s directive.

However, a source said the anti-graft agency’s investigations would be extended to “all persons reported with links to the Pandora Papers.”

 

“It is an ongoing, gradual process,” the source said, asking not to be identified.

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Multichoice: Court stops planned increase in DStv, GOtv packages

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Multichoice: Court stops planned increase in DStv, GOtv packages

A Federal High Court in Abuja, on Monday, ordered the stoppage of Multichoice Nigeria Limited’s planned rise in DStv and GOtv subscription costs.

Newstrends reports that Multichoice Nigeria Limited, had last week announced another price increment across its DStv and GOtv packages effective May 1, 2024.

The company attributed the price increases to “rise in the cost of business operations” in Nigeria.

According to the notice signed by Multichoice CEO, John Ugbe, and sent to its subscribers and customers via email last week Wednesday, a copy of which was sighted by our Correspondent, the new prices for DStv packages are Premium package will now cost N37,000 monthly as against the current N29,500 subscription fee.

The price of the Compact+ bouquet has also increased to N25,000 from 19,800 monthly.

DStv said subscribers on its Compact bouquet will now pay N15,700 as against N12,500 they are currently paying, while those on the Confam package are to pay N9,300, compared to N7,400 currently being paid.

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Under the new price regime, viewers on DStv Yanga bouquet will now be paying N5,100 for the monthly subscription, instead of the N4,200 currently being paid.

Padi subscribers will, from May 1, 2024, be paying N3,600 instead of the current N2,950 price.

HDPVR Access subscribers will pay N5,000 as against the N4,000 being paid now.

For GOtv users, Multichoice said customers on its Supa Plus package will now be paying N15,700, from the current price of N12,500. Its Supa bouquet will now go for N9,600 as opposed to the current N7,600 being charged.

GOtv Max subscription has also increased to N7,200 from N5,700 while its Jolli package will go for N4,850 from N3,950. Multichoice said its customers on the lowest GOtv package, Jinja, will be paying N3,300 monthly, as opposed to N2,700 they are currently paying.

Users of Smallie will now be paying N1,575 as against N1,300

Recall that Multichoice had increased its subscription fees twice in the past year.

Multichoice: Court stops planned increase in DStv, GOtv packages

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Emefiele challenges Lagos court jurisdiction to try him

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Emefiele challenges Lagos court jurisdiction to try him

A Lagos High Court has deferred till the end of trial, its ruling on the application filed by the

Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has challenged the jurisdiction of the court to try him on abuse of office charge brought against him by the Economic and Financial Crimes Commission (EFCC).

Emefiele through his lawyer, Olalekan Ojo, a Senior Advocate of Nigeria, said he could not be tried in the high court of any state in Nigeria for alleged abuse of office.

The former CBN governor also noted that counts 1-4 of the 26-count charge filed by the EFCC against him are unconstitutional as they are unknown to any law in Nigeria.

His counsel asked the court to strike out the four counts on the grounds that the court has no jurisdiction to try the offence of abuse of office in relation to the office of the CBN governor.

The EFCC through its counsel, Rotimi Oyedepo (SAN), however, countered these arguments.

Citing decided cases of the Supreme Court, he asked the trial judge, Justice Rahman Oshodi, not to defer or prevent the trial of the case on the basis of objections challenging the particulars of the counts of the information.

“That approach is intended to take us back to where we are coming from as this were the basis for Section 1 of the Administration of Criminal Justice Act, ACJA and the purpose for which Administration of Criminal Justice Law, ACJL was intended.

“The intention of our collective resolution as a nation was to to prevent undue delay in our criminal cases.

“I urge my lord to refuse this invitation; trial has commenced, this application to prevent the trial today is unlawful, illegal and unconstitutional and I urge the court not to depart from the decision of the apex court as to do so would amount to judicial rascality,” Oyedepo stated.

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Seun Kuti retracts allegation on P&ID fraud, tenders apology

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Seun Kuti

Seun Kuti retracts allegation on P&ID fraud, tenders apology

Seun Kuti, Afrobeats musician and son of legendary Fela Anikulapo-Kuti, has apologised to Bolaji Ayorinde over a defamatory statement he made against the senior lawyer.

In a video posted on social media,  Seun accused of Ayorinde passing information to Process and Industrial Development (P&ID), while representing Nigeria during arbitration proceedings over their disputed gas contract.

The musician boasted that he was ready to meet Ayorinde in court over the controversy surrounding the P&ID gas processing contract case.

Following the development, Ayorinde dragged Seun before Oyo State High Court sitting at Ibadan.

But at the hearing of the suit on April 18, 2024, the parties involved informed the court that they had met and adopted the terms of settlement dated 15/4/2024 and filed the same date.

They urged the court to adopt the terms of settlement as the judgment of the court.

Justice K. Olawoyin adopted the term of settlement as the judgment of the court.

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The court said: “In view of the foregoing and in accordance with the expressed desire of the parties in this suit as confirmed by the respective counsel in court, I hereby enter the foregoing terms of statement as the judgment of the court.”

However, Seun said that the statement he posted on his Instagram Handle @bigbirdkuti on October 31, 2023, against Chief Ayorinde were “not true and unfounded and stand retracted”.

He said “It is not true that the claimant (Chief Ayorinde SAN) leaked confidential documents to the adverse side in the P & ID Vs. Nigeria arbitration matter or in any way conducted himself in any unethical or corrupt manner in his work as legal Practitioner for Nigeria in the said case.

“It is not true that the claimant deliberately planned with the opponent to lose in the P & ID Vs. Nigeria Arbitration Matter and sabotaged the interests of Nigeria in the case.

“It is not true that the claimant committed Treachery against Nigeria in the said P & ID Vs. Nigeria Arbitration Matter.

“It is not true that the claimant charged $197 million for a case in which the claimant intentionally sabotaged his country, Nigeria.

“Having now conceded that my allegations are untrue and unfounded and that I have unjustifiably impeached the character and reputation of Chief Ayorinde, SAN, I hereby publicly recant and retract my aforesaid untrue imputations against Chief Ayorinde, which stood to damage the hard earned good name and good will of Chief Ayorinde’s character.”

Seun Kuti retracts allegation on P&ID fraud, tenders apology

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