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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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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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