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EFCC Re-arraigns Fayose Over Alleged Money Laundering

The amended charge, dated November 24, 2021, was filed by the Economic and Financial Crimes Commission on November 25, 2021.

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The Economic and Financial Crimes Commission has re-arraigned the former Governor of Ekiti State, Mr Ayodele Fayose, and his company, Spotless Limited before a Federal High Court sitting in Ikoyi, Lagos.

Fayose and his company were re-arraigned on Thursday before Justice Chukwujekwu Aneke on 11 counts bordering on money laundering and non-declaration of assets.

The amended charge, dated November 24, 2021, was filed by the Economic and Financial Crimes Commission on November 25, 2021.

In the amended charge, Fayose and one Abiodun Agbele, who is also standing trial on alleged money laundering offences before another division of the court, were alleged to have on June 17, 2014, taken possession of N1.219 billion to fund Fayose’s 2014 gubernatorial campaign in Ekiti State.

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They were accused of committing criminal breach of trust, theft, and stealing of public funds.

According to the EFCC, the offences are contrary to sections 15(2)(d), 1 and 16(d) of the Money Laundering (Prohibition) Act, 2011 as amended, and punishable under section 15(3)(4), 16(2)(b) of the same Act.

Fayose denied the allegations and pleaded not guilty to all the 11 counts after which they were allowed to continue with the previously granted bail terms.

Before his re-arraignment, Mrs Joanne Tolulope, one of the 11 witnesses being called by the EFCC, while being cross-examined by Fayose’s counsel, Ola Olanipekun (SAN), affirmed that her company, Still Earth Limited, only dealt with Mr Abiodun Agbele, Fayose’s associate.

After the cross-examination, the EFCC’s counsel, Mr Rotimi Jacobs (SAN), informed the court that a newly amended charge had been filed and he sought the court’s permission to re-arraign Fayose.

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Fayose and his company were subsequently re-arraigned on the 11 counts bordering on money laundering and non-declaration of assets.

Fayose’s trial will continue on Friday before Justice Aneke, as the EFCC will be calling 12 witnesses to testify against him.

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Suspected kidnappers abducts 10 travellers in Ondo

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Ondo

No fewer than 10 passengers have been abducted by gunmen along the Owo-Benin highway in Ose Local Government Area of Ondo State.

The gunmen reportedly attacked the commercial bus the passengers were travelling in after which they were marched into the bush.

It was gathered that the passengers were on their way from Akwa Ibom to Akure when the incident happened.

One of the sources, who craved anonymity, disclosed that the driver of the space bus had initially thought that the gunmen were security operatives but realised that they were criminals when they shot sporadically into the air.

” They were kidnapped on the Owo-Ipele road on Saturday morning at about 12 am. Their vehicles were stopped, and they were dragged into the bush to an unknown destination.

“The hoodlums ambushed them and whisked all the occupants of the vehicle into the bush. All the occupants of the vehicle were abducted and nobody heard anything about them since then.

However, the police image maker in the state, Funmilayo Odunlami, however, stated only seven people were kidnapped.

“The police received information that a vehicle was attacked along the Owo/Ifon road, and seven people were suspected to have been abducted.

“Seven travellers were involved; they were coming from Akwa Ibom State in a commercial bus. Our men are already making efforts to rescue the victims from the kidnappers and arrest the perpetrators.”

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Banditry: End insecurity by 2025 ending – Tinubu gives military marching orders

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President Bola Tinubu has issued marching orders to the military to end banditry and general insecurity by the end of 2025.

This was disclosed by the Minister of Defence, Abubakar Badaru, in a viral video.

Following Tinubu’s order, Badaru said the military will continue its onslaught against bandits and all forms of criminalities.

The Minister said bandits are currently on the run and that the military won’t stop until they are all flushed out.

According to Badaru: “The bandits are now on the run, but the military will not rest until we end this thing. The president has given us marching orders to end insecurity in every part of our country by the end of this year.

“The Chief of Defence Staff, NSA are working day and night to actualize that target, as you have seen we are putting pressure on all the theatre operations.

“And indeed, mining activities have been lifted in Zamfara already and this is part of the reason we are meeting today to look at all areas where we have serious security issues and how best we can secure those areas.”

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50% telecom tariff hike: NATCOMS backs decision as NLC bows to FG’s pressure

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The Nigeria Labour Congress bowed to pressure to halt its planned Tuesday nationwide protest against the 50 percent telecommunication tariff hike.

Also, the National Association of Telecoms Subscribers backed the decision by the organized Labour.

Gatekeeper reports that the NLC signed a Memorandum of Understanding with the Federal Government after a meeting with the Secretary to the Government of the Federation on Monday night.

In the MoU signed by the SGF, Senator George Akume, NLC president Joe Ajaero, and the Minister of Labour and Employment, Muhammadu Dingyadi, and the National Secretary of NLC, Emmanuel Ugboaja, both parties agreed to set up a technical committee to resolve gray areas in the 50 percent telecom tariff approval.

However, NLC reiterated its rejection of the tariff hike.

“Arising from the meeting convened by the Federal Government of Nigeria on the proposed 50% hike in telecommunications tariffs in the country, which the Nigeria Labour Congress (NLC) expressed strong opposition to, citing its potential negative impact on the Nigerian workers and the economy with a threat to proceed on a one-day nationwide mass protest, the following resolutions were reached: That there is a need for the parties to sit together in a technical group to resolve most of the thorny areas raised during the discussion; consequently, a 10-man joint committee was set up of five (5) representatives each from the Federal Government and the Nigeria Labour Congress (NLC); and the committee shall conclude and submit its deliberations within two (2) weeks from this 3rd day of February, 2025.

“The parties call on the Nigerian people to remain calm while this committee concludes its assignment,” the communique after the meeting stated.

Earlier, a civic society organisation known as the National Civil Society Council of Nigeria, NCSCN, had announced the suspension of its planned protest against the 50 percent tariff hike.

Recall that last week, NLC announced Tuesday, 4th February, 2025, as a date for a one-day mass protest against the telecom tariff hike.

In a notice last Thursday by NLC National Secretary, Emmanuel Ugboaja, the union had already asked the state congress and affiliate union to mobilise for Tuesday’s mass protest.

This comes after the Nigerian Communications Commission on January 2025 approved a 50 percent telecommunications tariff hike for operators.

The approval has sparked tariff hike controversy in Nigeria’s telecom sector.

NLC and other telecom subscribers had opposed the tariff implementation, citing the persistent economic hardship Nigerians already face.

Subscribers back nationwide protest suspension.

 

DAILYPOST

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