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El-Rufai: Atiku Haunted by Demons

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El-Rufai
  • El-Rufai: Atiku Haunted by Demons

Former Nigerian vice-president Atiku Abubakar, appears to have called out Governor Nasir El-Rufai to a fight after he made a comment on Nasir’s role in the formation of Transcorp.

El-Rufai replied him, firing on all cylinders, even questioning whether Atiku would ever make a US trip without being arrested over corruption issues.

Here is El-Rufai’s statement unvarnished:

“This statement is issued in response to the latest falsehoods to emerge from Alhaji Atiku Abubukar. He has a record of spewing outright lies and innuendo against my person.

“As we struggle to build a law-abiding society and secure progressive outcomes for our people, we cannot allow the triumph on these shores of those who will have us move to a post-factual world. Not even from a man as practiced as Alhaji Atiku is in the dark arts of damaging other people through a campaign of lies from him and his media machine.

“Therefore, I am constrained to provide a response to the fake news and irresponsible revision of recent history by Alhaji Atiku.

1. I never had anything to do with the incorporation of Transcorp. Those that established that company and fronted it like Festus Odimegwu, Tony Elumelu, Otunba Lawal Solarin and Ndi Okereke-Onyiuke are still around and alive. As such I could not have and did not offer Alhaji Atiku any shares in Transcorp. I declined the shares that were offered to me. Having done that, how could I have offered anyone shares?

2. In fact, I advised President Olusegun Obasanjo, Alhaji Atiku and then finance minister Ngozi Okonjo-Iweala not to accept the shares that were then being offered by the promoters of Transcorp. My counsel to them was based on the grounds that they would face conflicts of interest when Transcorp bids for privatization assets. At the time Alhaji Atiku and Ngozi were chair and vice-chair of the National council on Privatization, and were particularly directly involved in approving the sales of state-owned enterprises and assets.

The report detailing the US Senate findings is online, as one of four case histories of foreign corruption in the USA. Alhaji Atiku should tell a better tale of why he is avoiding America.

3. It is too late in the day to try to pretend that the fiasco concerning the attempt by then Senators Ibrahim Mantu and Jonathan Zwingina to extort money from me for Senate clearance never happened. All Alhaji Atiku has just done is confirm that he paid the Senators, as I revealed in Page 139 of my book.

4. When I published The Accidental Public Servant in 2013, Alhaji Atiku unleashed his media team in a campaign of vilification. Despite the viciousness of the attacks, they did not contest or explain away his shenanigans that were detailed in the book, from the Ericsson manoeuvre, to the Abuja water treatment plant contract and his obsession with marabouts and their assurances of the political big prize. He might also consider a full reckoning for what he and his acolytes did with public funds in the PTDF imbroglio, rather than indulging the usual bold face of the Nigerian big-man.

5. As a federal public servant, my oath of allegiance appropriately stood with the Federal Republic of Nigeria, not the big men whose conduct I was privileged to witness at close quarters. People like Alhaji Atiku think that loyalty to them should be the goal of a public officer, and that it should trump the oath of allegiance to the country.

6. Our Alhaji Atiku is already running for 2019, and he thinks that he can make people like us collateral damage in his attempt to rejuvenate his image. This obsession for power inclined him to support the rebellion against the party that manifested in the National Assembly, and is continuing with obvious disrespect for the incumbent president. Everyone knows that I support and will continue to work for the success of President Muhammadu Buhari as he leads our country through tough times.

7. Everyone is entitled to rehabilitation. But that often requires coming clean with the people. Can Alhaji Atiku explain the findings in the report of the United States Senate Permanent Sub-Committee on Investigations which detailed a pattern of wire transfers of more than USD 40m from offshore companies like Siemens into bank accounts controlled by him and one of his wives. The report detailing the US Senate findings is online, as one of four case histories of foreign corruption in the USA. Alhaji Atiku should tell a better tale of why he is avoiding America.

8. Someone as obsessed by Nigeria’s presidency as he is, should clear up such matters conclusively. We wait to see how well he does with that.

Signed: Nasir Ahmad El-Rufai

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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Netanyahu Stands Firm as US Halts Bomb Shipment Over Rafah Invasion Warning

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Amidst escalating tensions between Israel and the United States, Israeli Prime Minister Benjamin Netanyahu has adopted a defiant stance following the US decision to halt a shipment of bombs and warned against Israel’s potential invasion of the southern Gaza city of Rafah.

In a bold statement, Netanyahu declared, “If we have to stand alone, we will stand alone,” emphasizing Israel’s resolve to pursue its objectives despite opposition.

The Prime Minister’s comments, delivered via social media and a subsequent interview with American talk show host Dr. Phil, underscore Israel’s determination to address security threats posed by the Gaza Strip, particularly by Hamas militants operating in Rafah.

Netanyahu reiterated the necessity of military action in Rafah to eliminate the remaining Hamas battalions, condemned Hamas’s history of violence and reiterated Israel’s commitment to achieving victory and ensuring the safety of its citizens.

The US administration, led by President Joe Biden, expressed concerns over the potential humanitarian impact of an Israeli invasion of Rafah, prompting the decision to withhold additional offensive weapons shipments to Israel.

Biden’s statement echoed broader international apprehensions about the escalation of violence and civilian casualties in the conflict-stricken region.

However, Netanyahu remained resolute in Israel’s approach, asserting the country’s right to defend itself against security threats. He emphasized Israel’s efforts to minimize civilian casualties and facilitate the evacuation of civilians from Rafah before any military action.

Despite the US’s decision to pause the bomb shipment, Netanyahu affirmed Israel’s commitment to its longstanding alliance with the US. He acknowledged past disagreements between the two nations but expressed optimism about resolving current tensions through dialogue and cooperation.

In response, White House officials reiterated the US’s support for Israel’s security while urging restraint and emphasizing the need to avoid actions that could exacerbate the humanitarian crisis in Gaza.

The administration clarified that the decision to halt the bomb shipment was aimed at preventing potential civilian casualties in Rafah.

The confrontation between Israel and the US underscores the complexity of navigating regional conflicts and balancing strategic interests. As tensions persist, both nations face the challenge of reconciling their respective security imperatives with broader humanitarian concerns, seeking to avert further escalation while addressing the root causes of the conflict in the Middle East.

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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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