Connect with us

News

Be Ready To Repay Abacha Loot If Stolen Again – US Tells Buhari Govt.

Published

on

The United States of America, USA, has warned President Muhammadu Buhari led Government o be prepared for repayment if the $308 Million Abacha loot about to be released to the country is stolen again.


Spokesperson for the US State Department, Morgan Ortagus, in a statement said that this is part of the deal with the Nigerian authorities before the Island of Jersey where the funds are being kept, agreed to its repatriation. 


The statement reads:

“The funds will be used by the Nigerian Independent Sovereign Authority for three infrastructure projects in strategic economic zones across Nigeria.


“To ensure that the funds are used responsibly and for the good of the nation, the agreement includes mechanisms for monitoring the implementation of these projects as well as external oversight, and it requires Nigeria to repay any funds lost as a result of any new corruption or fraud to the account established to hold the returned assets.

Advertisement


“This return reflects the growing international consensus that countries must work together to ensure stolen assets are returned in a transparent and accountable manner.


“This agreement is a symbol of the weight that the United States Government places on the fight against corruption.  We welcome President Buhari’s personal commitment to that fight, and we will continue to support civil society and other Nigerian efforts to combat corruption at all levels.  The fight against corruption is an investment in the future of Nigeria”.


One of the world’s most ruthless dictators, Late Sani Abacha is believed to have stolen more than $4 Billion while hold sway as Nigeria’s Head of State with only around $1billion of that amount recovered so far.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Defection: PDP almost killed my ambitions’ – Ibori’s daughter

Published

on

The daughter of former Delta State governor, James Ibori, and representative of Ethiope Federal Constituency at the National Assembly, Erhiatake Ibori-Suenu, has described her defection from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC, as the best decision of her political career.

This is as Ibori-Suenu accused the PDP of attempting to stifle her political aspirations.

She also expressed gratitude to her supporters and APC leaders for their encouragement.

“We will bury PDP in Ologbo River, the bridge between Delta and Edo states. I am already at home – APC is supreme.

“The people in PDP wanted to kill my political aspirations, but thank God, I have finally left,” she said.

Continue Reading

Business

Jurisdiction: Court to rule on Emefiele’s application January 7

Published

on

Emefiele

Justice Rahman Oshodi of the Ikeja Special Offences Court has January 7, 2025, to rule on an application filed by Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), challenging the court’s jurisdiction over his case.

Emefiele, facing a 26-count charge filed by the Economic and Financial Crimes Commission (EFCC), is accused of misusing his office, resulting in a loss of $4.5 billion and N2.8 billion.

His co-defendant, Henry Omoile, is also on trial for related charges, including the unlawful acceptance of gifts.

During yesterday’s proceedings, Emefiele’s counsel, Olalekan Ojo SAN, argued that the court lacked jurisdiction to hear the case in Lagos.

He contended that the alleged offences, including abuse of office, fell outside the territorial reach of the Ikeja Special Offences Court.

Ojo further argued that the charges violated Section 36(12) of the Constitution, asserting that the actions Emefiele is accused of were not legally recognized offences.

Ojo emphasized that since the Lagos State House of Assembly does not have legislative authority over matters on the Exclusive Legislative List, Section 73 of the Criminal Law of Lagos State 2011 under which Counts 1 to 4 were filed, cannot apply extraterritorially to any alleged abuse of office by Emefiele.

He argued that a court’s territorial jurisdiction refers to the geographical area within which its authority can be exercised, and outside of this area, the court cannot act.

Ojo also urged the court to strike out Counts 1 to 4 of the 18 amended information filed on April 4, 2024, on the grounds that the offences occurred outside the court’s jurisdiction.

In response, EFCC counsel Rotimi Oyedepo SAN maintained that the court had the authority to hear the case.

He argued that the alleged crimes were economic and financial in nature, within the EFCC’s jurisdiction, and that evidence supported Lagos as the appropriate venue for the trial.

Oyedepo further asserted that the subject matter of the charges fell squarely within the court’s jurisdiction, as the offences were committed within the court’s territorial reach.

He argued that the evidence and witness testimonies pointed to Lagos as the proper location for the trial and that the objections raised by Emefiele’s legal team were not substantiated by the facts or evidence.

After hearing arguments from both parties, Justice Oshodi adjourned the matter and fixed January 7, 2025, for ruling.

 

Daily Sun

Continue Reading

News

State Police: Governors in support, NEC to adopt report at next meeting in January

Published

on

At the 146th National Executive Council (NEC) meeting, the last for 2024, 36 states with exception of the Federal Capital Territory (FCT), submitted their reports on state police, with majority supporting its establishment to address Nigeria’s escalating security challenges, Kaduna State Governor Uba Sani on Thursday disclosed.

Speaking after the meeting presided over by Vice President Kashim Shettima, Sani revealed that 36 states have submitted proposals supporting the establishment of state police, reflecting a strong consensus among governors.

“Today, one of the discussions we had at the NEC meeting was the update on the creation of state police. As you are aware, there was a submission by States toward the establishment of state police. ⁣

⁣”Today, about 36 states have already made their submission for establishing state police in Nigeria. And I can say here that from what is available, virtually most of the states are in agreement with the establishment of state police in Nigeria,” Sani stated.

Despite the overwhelming support, discussions on the initiative were postponed until the next NEC meeting scheduled for January.

Sani explained, “The council decided to step down the discussion until we receive a report from the secretariat. After that, there will be deliberation at the next NEC meeting.”

He also highlighted a resolution from the previous NEC meeting calling for further stakeholder engagement to refine the proposal.

“And not only that, there’s also a resolution in the last NEC meeting, which is today the Secretariate have also agreed on that, there will be further stakeholder engagement after the panel and deliberation by the members of the NEC.”

⁣The governor acknowledged the unique security challenges faced by different regions, noting, “Considering the fact that virtually every state has their peculiarity in terms of the problem we are having of insecurity in our own states. Knowing fully well that we have a lot of ungoverned space in Nigeria, and also that we have a lot of deficit in terms of number of boots on ground, looking at the fact that a lot of security agencies, the police, the army and other relevant security agencies have no personnel to cover all the ungoverned spaces, that is the reason why most of us agreed that establishment of state police in Nigeria is the way forward toward addressing the problem insecurity in our own country.”

At the last NEC meeting, the governments of Kwara, Kebbi, and Adamawa and FCT were given one week to submit their reports on the proposed creation of state police.

Governor Sani said while others have complied, FCT failed to do so with explanations which were accepted by the council.

 

The council had in September, threatened to impose decisions on any state that had not complied with the request for reports.

 

The push for state police comes as Nigeria grapples with severe insecurity issues, including banditry and terrorism.

The NEC’s discussions follow a broader national dialogue on policing reform initiated by President Bola Tinubu earlier this year. The President has long advocated for state police as part of efforts to decentralize Nigeria’s heavily centralized security apparatus.

 

Daily Sun

Continue Reading

Trending

Copyright © 2024 Naija Gatekeeper News