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Police Recover N14.7m from Nine Suspected Kidnappers of CBN Gov’s Wife

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  • Police Recover N14.7m from Nine Suspected Kidnappers of CBN Gov’s Wife

The Nigeria Police Force (NPF) monday exhibited N14,725,000, two Honda cars, one Audi car, one AK47 magazine, and two cartridges recovered from the nine suspected kidnappers of Mrs. Margaret Emefiele, wife of the Central Bank of Nigeria (CBN) governor, and her three relatives.

Mrs. Emefiele and her relatives were abducted on Thursday, September 29 at Ogoneki Hills along the Benin-Agbor Road in Delta State. She and others were rescued 36 hours after their kidnapping, following a massive manhunt involving all the security agencies in the country.

Among the nine suspects paraded by the police yesterday were two serving Nigerian Army lance corporals — Musa Maidabra (28) and Edwin George (32) – and a dismissed soldier of the army, Ernest Anthony Uduefe.

Other arrested suspects included: Mohammed Abubakar (29), also known as Dogo, the alleged gang leader; Mohammed Musa (26); Mohammed Sule (26); Ibrahim Abdullahi (30); Aliyu Musa (30); and Mohammed Yusuf (36).

In a statement issued in Abuja on behalf of the Inspector General of Police (IG), Mr. Ibrahim Idris, the Force Public Relations Officer, DCP Donald Awunah, explained that the ransom paid for the safe return of the CBN governor’s wife was used as a bait or bargaining chip to save the lives of the victims, which was primary to the objectives of the security operatives.

However, he said the police would not encourage the payment of ransom by relatives of kidnapped victims, cautioning relatives to exercise considerable restraint while the police do their intelligence gathering to rescue the victims.

He advised that at all times of kidnapping, the public should immediately involve the police because paying ransom in some cases could be counter-productive.

The IG said: “The curtailment of the activities of kidnappers in our communities will be ultimately successful through the cooperation and collaboration of all stakeholders. There must be collective ownership of law enforcements.”

On how Mrs. Emefiele and her relatives were rescued at Ugoneki hills, the IG said he ordered the Intelligence Response Team and other tactical teams to swing into action to rescue her when they got information of the abduction, adding that it yielded positive result, as they were rescued the following day.

All the suspects, according to the police, admitted being part of the kidnapping gang that abducted Mrs Emefiele and others, adding that through their confessional statements, they alluded to have partaken in sharing the ransom money.

While the two serving soldiers confessed to sharing N6.5 million each, the others got between N10 and N11 million each, adding up to about N54 million extorted from their victims’ families.

The two lance corporals provided the army uniforms and gun.

On the injury sustained by Mohammed Musa, the IG said: “The suspect is 26 years old and hails from Yabo LGA of Sokoto State. He confessed to receiving the N10 million from the ransom paid.

“He sustained bullet wounds after a gun duel with the police while trying to leave the forest where they had kept their victims. N7.7 million was recovered from him. Useful information was gotten from him that led to the arrest of other gang members.”

He also revealed that Lance Corporal Maidabra is a 30-year-old native of Katau Village in Billiri LGA of Gombe State.

“A lance corporal with the Nigerian Army serving at 122D30 Regiment in Maiduguri, Borno State, he was arrested for the active role he played in the kidnapping.

“Upon his arrest, he made a confessional statement to the police admitting to be part of the gang that kidnapped and collected ransom from the victim’s family.

“In the course of investigation into the crime, an SUV worth N1.5 million and a sum of N4 million, which was his own share of the ransom money, was recovered from his possession.

“It was also discovered that he, in the company of NA/65/6582 Lance Corporal Edwin George and one Ernest Anthony Uduefe, a dismissed soldier, while dressed in army uniforms, escorted some of the kidnappers and the ransom money in a maroon coloured Audi car out of the forest where they had kept the victim, to Benin City, Edo State,” the IG stated.

In the case of Lance Corporal George, he is a native of Otukpo town, Otukpo LGA of Benue State. He is personnel of the Nigerian Army serving at 122D Regiment in Maiduguri, Borno State.

“As earlier mentioned, he was part of the trio that escorted the ransom money to Benin City, Edo State. A Honda car worth N1.1 million, which he used part of his loot to purchase was recovered from him.

“The suspect was arrested on October 5, 2016 at about 1300hrs in his home town,” the IG divulged.

Uduefe, the dismissed soldier, is a native of Igbuku village, Ndokwa East LGA of Delta State. He also volunteered a confessional statement to his involvement in the crime.

“Investigations revealed that he also bought a Honda car worth N1.5 million and furnished an apartment in Benin City, Edo State within 48 hours of the kidnapping.

“The sum of N1.5 million in cash and the said Honda car were recovered from him,” he said.

Mohammed Abubakar, also known as Dogo, is a native of Mubi town, in Mubi LGA of Adamawa State and the leader of the group.

The IG said he confessed to the crime and admitted that he received the sum of N11 million in cash from the ransom, adding that the suspect, however, claimed to have given one Danjuma who is presently on the run, the said sum to keep for him.

Mohammed Sule hails from Awe village in Awe LGA of Nasarawa State, the IG added. The suspect, he said, confessed to have received N10 million in cash as part of his share of the ransom paid and claimed a soldier and gang leader escaped with the loot.

Ibrahim Abdullahi from Fondogeri LGA of Niger State, admitted to have received N10 million in cash as part of his share of the ransom money, while Aliyu Musa and Mohammed Yusuf were arrested for their involvement in the kidnapping based on information availed the police by Mohammed Musa.

Musa and Yusuf are being investigated further on the roles played by them in the commission of the crime, said the IG

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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Kagame Dominates Election with 99.15% of Votes Counted

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President Paul Kagame has taken a commanding lead in the Rwandan presidential election, securing 99.15% of the votes counted thus far, according to the National Electoral Commission.

The provisional results, reported by the state broadcaster Rwanda Broadcasting Agency, indicate a decisive victory for the Rwandan Patriotic Front candidate.

With 79% of the ballots tallied, Kagame’s overwhelming lead leaves his opponents trailing significantly.

Frank Habineza of the Democratic Green Party of Rwanda has garnered only 0.53% of the votes, while independent candidate Philippe Mpayimana has received 0.32%.

The voter turnout has been reported at an impressive 98%, underscoring the high level of public engagement in the electoral process.

The early results suggest a strong mandate for Kagame, who has been at the helm of Rwandan politics since 2000.

Kagame’s administration has been marked by significant economic growth and development, but it has also faced criticism for its stance on political dissent and freedom of expression.

Despite this, Kagame remains a highly popular figure in Rwanda, with many citizens crediting him for the country’s stability and progress.

The National Electoral Commission is expected to release the final results in the coming days. As the tallying continues, Kagame’s supporters have already begun celebrating his anticipated victory.

Analysts believe that Kagame’s likely re-election will provide continuity in Rwanda’s economic policies and development programs.

However, they also call for more inclusive governance and respect for political freedoms to ensure long-term stability and growth.

Kagame’s near-unanimous support in the early results reflects his entrenched position in Rwandan politics.

His ability to maintain such high levels of support will be a focal point of discussion in the aftermath of the election.

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Kenya Prepares for More Protests Over Unresolved Political Crisis

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Kenya is on the brink of another wave of anti-government protests as efforts to resolve the nation’s escalating political crisis appear to have stalled.

President William Ruto’s proposal for a national dialogue has yet to take off, leaving the nation in a state of heightened tension.

Activists have called for demonstrations across the East African nation on Tuesday, protesting the government’s failure to hold security forces accountable for the deaths of at least 41 people.

These casualties occurred during protests against Ruto’s contentious plan to raise taxes over the past month.

Despite the president’s announcement last week that national dialogue would commence on Monday to defuse the situation, progress has been elusive.

The main opposition party, the Orange Democratic Movement (ODM), expressed uncertainty regarding the proposed talks.

“We haven’t received any invitation,” ODM Secretary-General Edwin Sifuna stated. “When called, we’ll go because we are keen on getting broad-based reforms.”

A spokesperson for the presidency indicated that parliamentary leaders were managing the planned talks, but National Assembly majority leader Kimani Ichung’wah did not respond to requests for comment.

Protests initially erupted in mid-June over Ruto’s plans to increase taxes on essential goods, including bread and diapers, aiming to raise over $2 billion to reduce the government’s budget shortfall.

The public outcry forced Ruto to abandon the proposal, but dissatisfaction remains high.

Last week, in a dramatic move to quell public anger, Ruto fired almost all his cabinet members, underscoring the severity of the discontent.

The scrapping of the tax measures is expected to widen the government’s budget deficit to 3.6% of GDP in the current fiscal year, up from a previous projection of 3.3%.

This financial strain has not gone unnoticed; Moody’s Ratings downgraded Kenya’s rating by a step to Caa1, plunging it deeper into junk status, highlighting the country’s deteriorating fiscal condition.

On Saturday, Ruto vowed to hold accountable those responsible for the recent killings. However, his efforts to address public concerns seem insufficient to stem the tide of unrest.

On Monday, he called on the Ford Foundation, an organization promoting civic engagement, to clarify its role in the protests, though the foundation did not respond to requests for comment.

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Rishi Sunak Announces Resignation Amid Labour’s Sweeping Victory

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Rishi Sunak

Prime Minister Rishi Sunak has announced his resignation as the leader of the Conservative Party following a historic victory by Labour in the general election.

Addressing the nation from the steps of 10 Downing Street, Sunak expressed his deep regret and took full responsibility for the party’s defeat.

“I would like to say, first and foremost, I am sorry. I have given this job my all,” Sunak began, visibly moved.

“But you have sent a clear signal that the government of the United Kingdom must change. And yours is the only judgement that matters. I have heard your anger, your disappointment, and I take responsibility for this loss.”

The Conservatives experienced a staggering loss, with more seats taken by Labour than in any previous election.

This shift marked a dramatic change in the political landscape, as large swathes of the country turned red. Sir Keir Starmer, leader of the Labour Party, claimed victory early Friday morning, addressing a jubilant crowd of supporters.

“The UK has the opportunity after 14 years to get its future back,” Starmer proclaimed.

Sunak, who retained his seat in Richmond, North Yorkshire, described the night as “sobering.”

In his concession, he stated, “The Labour Party has won this general election, and I have called Sir Keir Starmer to congratulate him on his victory. The British people have delivered a sobering verdict tonight; there is much to learn, and I take responsibility for the loss.”

Following his resignation speech, Sunak and his wife, Akshata, departed from Downing Street for Buckingham Palace to formally tender his resignation to King Charles III.

A spokesperson for the King confirmed, “His Majesty was graciously pleased to accept.”

Reflecting on his tenure, Sunak said, “I am honoured to have been your prime minister. This is the best country in the world.”

He also acknowledged the many Conservative MPs who lost their seats, stating, “It pains me to think how many good colleagues who contributed so much to their communities and our country will now no longer sit in the House of Commons. I thank them for their hard work and their service.”

As the Conservative Party faces a period of introspection and rebuilding, Sunak emphasized the importance of the party’s role in opposition.

“It is important that the Conservative Party now rebuilds and also takes up its crucial role in opposition, professionally and effectively,” he noted.

The leadership race within the Conservative Party is expected to commence shortly, as the party seeks to navigate its path forward after this significant electoral defeat.

For now, the UK braces for a new political era under Labour’s leadership, with the promise of significant changes on the horizon.

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