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$15m in My Accounts For Medical Bills, Others, Says Patience

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Dame Patience Jonathan, the wife of former President Goodluck Jonathan, said she was using her $15m, which was frozen in four companies’ accounts, to settle medical bills while she was out of the country.

She, therefore, urged the Economic and Financial Crimes Commission and Skye Bank to lift the restriction on the accounts.

Patience said this in a letter with reference number GA/Abibo/00226/2016, written by her lawyers, Granville Abibo (SAN) and Co, which was addressed to the Acting Chairman of the EFCC, Mr. Ibrahim Magu.

The four accounts belonged to the following companies: Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited, Trans Ocean Property and Investment Company Limited and Globus Integrated Service Limited.

A houseboy, a driver and other domestic workers of a former Special Adviser on Domestic Affairs to Jonathan, Waripamowei Dudafa, were named as directors, but Patience’s $15m was lodged in the accounts and she was given a platinum card and exclusive access to the accounts.

The letter read in part, “It is noteworthy to emphasise that the said accounts, which were in US dollar denomination, were card-based accounts and our client is the sole signatory to these accounts.

“However, our client has been operating the said accounts using the cards for her medical bill payments and purchases for her private purposes without any let or hindrance.

“Our client was therefore surprised when the said cards stop functioning on July 7, 2016, or thereabout. Our client immediately, thereupon, contacted Skye Bank Plc through our solicitors.

‘‘It was only then that the bank officials informed our client that the said accounts were placed on a ‘No Debit Order’ following investigations and instruction from your commission and this is without notice to our client by either the bank or the commission.

“It is in the light of the foregoing that we urge you to use your good offices to vacate the ‘No Debit/Freezing Order’ placed on the said accounts.”

Patience, who described herself as a law-abiding citizen, said despite all the explanations she offered to the Lagos Zonal Office of the EFCC, the detectives in charge refused to heed her request.

She, therefore, urged Magu to intervene immediately.

She added, “Despite the foregoing, our client, who is a law-abiding citizen, has watched with surprise how efforts are being made surreptitiously to indirectly harass or harangue her and short-change her of her personal funds in breach of her fundamental human rights.

“We urge you sir, to kindly intervene to stop the untoward and wrongful actions of your officials to embarrass, inconvenience and short-change our client.”

However, a detective in the EFCC said, “We got a relevant court order to freeze those accounts and we have evidence which we will present in court on Friday.

“We did not know that the accounts belonged to Patience Jonathan at the time we froze them. The accounts do not bear her name neither do they carry her BVN (Bank Verification Number). So, how can she accuse us of harassment?

“She has a separate account in Skye Bank with the title ‘Patience Jonathan’, which has a balance of $5m. If she claims she needs money for medical treatment, then the $5m should be alright.”

In a thanksgiving service held at the State House chapel in Abuja on February 18, 2013, Patience had said she underwent seven surgical operations within one month in Germany, adding that the doctors had given up hope on her survival.

She had stated, “I remember when Chief Obasanjo was the President of the country, I was close to his late wife, Stella. We worshiped together in this chapel. It was a painful moment for me that time when she (Stella) died and her corpse was brought here.

“That was how my corpse would have been brought here.

‘‘It was not an easy experience for me. I actually died, I passed out for more than a week. My intestine and tummy were opened.

“I am not Lazarus but my experience was similar to his. My doctors said all hope was lost.’’

FG not persecuting Jonathan, Patience –Mohammed

Meanwhile, the Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government, under President Muhammadu Buhari, is not persecuting Jonathan and his wife, Patience.

Speaking in an interview with journalists in Oro, Kwara State, on Tuesday, Mohammed said it would be wrong to submit that the Federal Government was probing Jonathan or Patience.

He said, “If you look at the history of Mrs. Patience Jonathan’s issue, I think she was the one that came out to claim that the money found in the accounts of one of the aides to the former President, her husband, belonged to her.

“It was not the EFCC that claimed so. She claimed that the money that the guy was being prosecuted for belonged to her. It was only then they later found an extra $5m in another account.

“It is not as if anybody has gone out to probe Mrs. Jonathan directly or indirectly. Rather Mrs. Jonathan was the one that said ‘that money for which you are accusing Mr. X actually belongs to me. So, you cannot start talking of prosecution or persecution.”

The minister said the Federal Government was concerned about the current national economic recession and had initiated measures to address it.

He stated that the current campaign of the Federal Government, ‘‘Change begins with me,’’ was not only for the people but also for the leaders.

Mohammed also said it was incorrect to accuse Buhari’s government of being partisan, selective and vindictive in its anti-corruption war.

He said Buhari would also not spare any APC member accused or guilty of corruption.

He said, “People have always said that no APC politician had been investigated. The question is ‘those who are those being prosecuted today, for what reasons are they being prosecuted?

“It is wrong to say that the government is only investigating and prosecuting PDP members. We have not even started investigating the oil and gas industry. It is not about going out to investigate PDP. No!

‘‘We lost about 15,000 people. Nobody can, in honesty, accuse the FG of being one sided.’’

Patience must explain her source of wealth, says CACOL

Also, a civil society organisation, Coalition Against Corrupt Leaders, has said Patience must explain how she came about the funds with which she reportedly built a N10bn hotel in Yenagoa, Bayelsa State.

The hotel, which is known as Aridolf Resort Wellness and Spa, Yenagoa, was inaugurated by Patience in April 2015, barely a month before the end of her husband’s tenure.

But CACOL, which recalled in a statement on Tuesday that Patience was only a Permanent Secretary in Bayelsa State at a time, said the ex-President’s wife must be made to explain the source of her wealth.

The statement by the group’s acting Media Officer, Abiodun Rabiu, quoted the Executive Chairman of CACOL, Debo Adeniran, as saying the EFCC needed no further petition to invite Patience for questioning.

CACOL asked, “How did she (Patience) get the money and even the ones stacked in her accounts? That is what we, Nigerians, want to know. As far as we can understand, she was just a civil servant. So, as a civil servant, how did she manage to acquire such a luxurious property that is worth that amount, because she would have earned less than 10 per cent of the amount even if she had been a Director or Permanent Secretary in the Bayelsa State Civil Service all of the entire years she has spent on earth?”

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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NIMC enrolment

Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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Israeli President Declares Iran’s Actions a ‘Declaration of War’

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Israel Gaza

Israeli President Isaac Herzog has characterized the recent series of attacks from Iran as nothing short of a “declaration of war” against the State of Israel.

This proclamation comes amidst escalating tensions between the two nations, with Iran’s aggressive actions prompting serious concerns within Israel and the international community.

The sequence of events leading to Herzog’s grave assessment began with a barrage of 300 ballistic missiles and drones launched by Iran towards Israel over the weekend.

While the Israeli defense forces managed to intercept a significant portion of these projectiles, the sheer scale of the assault sent shockwaves through the region.

President Herzog’s assertion of war was underscored by Israel’s careful consideration of its response options and ongoing discussions with its global partners.

The gravity of the situation prompted the convening of the G7, where member nations reaffirmed their commitment to Israel’s security, recognizing the severity of Iran’s actions.

However, the United States, a key ally of Israel, took a nuanced stance. President Joe Biden conveyed to Israeli Prime Minister Benjamin Netanyahu that, given the limited casualties and damage resulting from the attacks, the US would not support retaliatory strikes against Iran.

This position, though strategic, reflects a delicate balancing act in maintaining stability in the volatile Middle East region.

Meanwhile, Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdollahian cautioned against further escalation, emphasizing the potential for heightened tensions and provocative acts to exacerbate the situation.

In response to the escalating crisis, the Nigerian government issued a call for restraint, urging both Iran and Israel to prioritize peaceful resolution and diplomatic efforts to ease tensions.

This appeal reflects the broader international consensus on the need to prevent further escalation and mitigate the risk of a wider conflict in the Middle East.

As Israel grapples with the implications of Iran’s aggressive actions and weighs its response options, President Herzog reiterated Israel’s commitment to peace while emphasizing the need to defend its people.

Despite calls for restraint from global allies, Israel remains vigilant in safeguarding its security amidst the growing threat posed by Iran’s belligerent behavior.

The coming days are likely to be critical as Israel navigates the complexities of its response while international efforts intensify to defuse the escalating tensions between Iran and Israel.

The specter of war looms large, underscoring the urgency of diplomatic engagement and concerted efforts to prevent further escalation in the region.

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