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EFCC to Prosecute INEC Director over N16m Scam

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Achike Udenwa
  • EFCC to Prosecute INEC Director over N16m Scam

The Economic and Financial Crimes Commission (EFCC) yesterday said it had concluded arrangements to prosecute a Deputy Director of the Independent National Electoral Commission (INEC) in Akwa Ibom State and former Electoral Officer in Rivers State, Gogo Anderson Waribo, for allegedly collecting N16 million from the infamous N23 billion linked to former Petroleum Minister, Mrs. Diezani Alison-Madueke, which she has denied belonged to her.

In a statement, EFCC Head of Media and Information, Wilson Uwujaren, said: “Waribo was arrested by operatives of the anti-graft agency following an intelligence report that some INEC officers conspired with some staff a bank to defraud the federal government of several millions of naira.

“Although he has consistently denied involvement in the fraud, investigation revealed that the INEC deputy director’s name is on the list of beneficiaries of the money.

“He was alleged to have received the sum of N16 million through his First Bank account on March 27, 2015. Waribo allegedly gave N5 million from the N16 million to Peter Popnen, an ex- INEC official.”

The suspect is expected to be arraigned as soon as investigation is completed, the EFCC spokesman added.

The EFCC yesterday also arraigned the duo of Usman B Abdurahman (KILISHIN DAS) and Hafizu Dauda of the Bauchi State judiciary before Justice M. A Sambo of the Bauchi State High Court on a six-count charge bordering on conspiracy, obtaining of goods under false pretence and presenting false documents.

The suspects who are secretary and treasurer respectively of the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees, (AUPCTRE) judiciary branch, Bauchi State, were arrested following a petition by a top judicial officer in the state, alleging that sometime in 2009, the association entered into contract agreement with De-Damak Nigeria Limited to supply 3,000 unit of motorcycles at the cost of N217,000,000 for distribution to its members, based on management guarantee and irrevocable standing payment order (ISPO) by the High Court of Bauchi State.

According to Uwujaren, “The unionists allegedly diverted many units of the motorcycles and sold them to M. D. Tofa Investment Limited in Kano.

“It was also discovered that even the few names submitted by the union as beneficiaries of the loan for remittance were fictitious; others were either retired or dead, while majority could not be found in the central data base of the Bauchi State civil Service.”

The defendants pleaded ‘not guilty’ to all the charges read against them. In view of their plea, the prosecution counsel Abubakar Aliyu urged the court to fix a date for trial in line with the practice direction of the Bauchi State High Court and also to remand the accused persons in prison custody.

Defence counsel, Y. A Garkuwa, informed the court that he filed a bail application dated March 1, 2017, and served same to prosecution.

Justice Sambo adjoined the case to March 3, 2017, for consideration of bail application, and March 20, 2017, for trial.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Government

Kaduna State Denies Taking ₦36 Billion Loan, Blames Past Administration for Debt

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Loan - Investors King

The Kaduna State Government has reacted to a viral report alleging that the state borrowed ₦36 billion over the last six months.

The government made the clarification via a statement signed by the Commissioner of Planning and Budget, Mukhtar Ahmed, who labeled the report as inaccurate and misleading.

The commissioner emphasized that no new loans have been taken under Governor Sani’s administration.

Ahmed blamed loan issues on the past administration, noting that all the loans including World Bank programs such as AGILE, SURWASH, and ACReSAL were received by the past administration in the state.

The government stated that the current naira exchange rate to the dollar, which is over ₦1,600 has affected the repayment of these loans as its value has increased.

This means that Governor Sani’s administration is repaying nearly three times the amount of loans acquired by the previous administration, all thanks to the significant devaluation of the Naira.

“The inherited debt burden from the previous administration consisted of long-term loans. These loan commitments, including World Bank programs such as AGILE, SURWASH, and ACReSAL, were all agreed upon during the previous administration,” the statement noted.

“Previous administration’s loan agreements, based on exchange rates of ₦415-₦480 to the dollar, have now seen the Naira plunge to over ₦1,600 to the dollar, effectively tripling the value of these debts in local currency,” he noted.

The Commissioner frowned bitterly at the online platform for not seeking clarification prior to the publication of the report.

However, he echoed the government’s commitment to transparency in debt management and financial discipline, adding that the state government will not spare those responsible for mismanaging the state’s resources.

“Notwithstanding the erroneous reporting, the government is resolute in its dedication to transparency in debt management and financial discipline, prioritizing the enhancement of the state’s economy without imposing additional financial burdens.

“The state government reaffirmed its resolve to hold accountable those responsible for mismanaging the state’s resources, vowing to reposition Kaduna for the benefit of its citizens,” the Commissioner added.

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FG to Evacuate Nigerians in Lebanon as  Iran Threatens to Fire More Missiles at Israel

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The Federal Government is set to evacuate Nigerians living in Lebanon amid the tension between Iran and Israel.

Investors King had reported that Iran’s Military launched 180 missiles at Israel on Tuesday, killing no fewer than eight Israelites and injuring scores of other citizens.

Responding to the tension, Nigerian government directed its citizens living in Lebanon to contact the country’s diplomatic officers and envoys in the Middle-East country for immediate evacuation.

The Special Assistant to the Nigerian President on Social Media, Dada Olusegun, through his X handle, @DOlusegun, alerted all Nigerians in Lebanon to the attacks and asked them to get in touch with the Nigerian mission for profiling and documentation and subsequent evacuation.

Similarly, the Nigerians in Diaspora Commission (NIDCOM) advised Nigerians living in Lebanon to consider moving out of the country now that commercial flights are still in operation.

Nigerians are also urged to liase with the Nigerian Embassy in Lebanon for necessary guidance regarding their safety.

This was made known via a statement by Director of Media, Public Relations and Protocols Unit, NiDCOM, Abdur-Rahman Balogun, on Wednesday.

Meanwhile, Iran authorities have explained the reason for attacking Israel, saying that the barrage of missiles was in response to the killings of Iran-backed militant leaders, sending Israelis to shelters and prompting alarm across the region.

Reports have it that the Israel Defence Forces said it intercepted the 180 ballistic missiles launched by Iran at Israel on Tuesday evening.

Iranian government has threatened to launch more fierce missiles against Israel if it retaliates the Tuesday attack.

According to the Iranian mission to the United Nations in a message on its X account, “Iran’s legal, rational, and legitimate response to the terrorist acts of the Zionist regime—which involved targeting Iranian nationals and interests and infringing upon the national sovereignty of the Islamic Republic of Iran—has been duly carried out.

Nigerian government said the evacuation of its citizens is necessary following the Israeli government’s warning to residents of 24 more villages in southern Lebanon to evacuate amid increasing tensions.

It was reported that the villages fall within a United Nations buffer zone, created after the 2006 war between Israel and Hezbollah.

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Eight Killed, Several Injured as Iran Launches Missiles Towards Israel 

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No fewer than eight people have lost their lives in a devastating terror attack in Israel.

Israel’s national emergency medical service, Magen David Adom, confirmed that the attack occurred on Tuesday.

The service reported that several others were injured after missiles were fired in Jaffa, south of Tel Aviv.

The two terrorists who carried out the attack were “neutralized,” according to police.

Medics are currently treating several casualties, including unconscious victims.

Reports indicate that emergency services are responding to a shooting incident on Jerusalem (Quds) Street in Jaffa, near a light rail station.

Magen David Adom ambulance service confirmed that multiple people were injured in what appears to be an attack.

Earlier, the President of the United States, Joe Biden, stated that he had convened a national security team, alongside the Vice President, to discuss Iranian plans to launch an imminent missile attack against Israel.

“We discussed how the United States is prepared to help Israel defend against these attacks and protect American personnel in the region,” Biden said.

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