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Magu’s Rejection Not Based on DSS Report — Saraki

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  • Magu’s Rejection Not Based on DSS Report

Senate President Bukola Saraki has said the Senate did not reject the acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, because of a damning report issued by the Department of State Services which questioned Magu’s integrity.

Saraki said this in an interview with TVC News in Morocco where he attended an African summit on climate change and food security.

The Senate President was reacting to a claim by a former Senate Majority Leader, Ali Ndume, who said last week that it was hypocritical of the Senate to allow Saraki to continue in office because he was in court to defend corruption allegations.

Ndume had argued that the Senate should not have rejected Magu based on unproven allegations.

Saraki said, “You are jumping into conclusion that he (Magu) was rejected because of the accusation. I don’t think there was anywhere we said he was rejected based on accusations.

“We have nominees that come all the time with different issues. Two weeks ago, we screened the Chief Justice of Nigeria and he scaled through.

“Now the EFCC chairman came and he did not pass the screening. Someone else will come and may pass. This is our constitutional role and I don’t think we should personalise or politicise this.”

The Senate President also denied reports that the current face-off between the Senate and the Comptroller-General of the Nigeria Customs Service, Col. Hameed Ali (retd.), was evidence that the Senate was being too harsh on the executive.

He said the executive arm of government must learn to consult with the legislature more often as this, according to him, is the best way to get things done.

Saraki added, “I know that as the parliament, which represents the people, some of these far-reaching decisions have to be made and there is a need for a wider consultation and that is what democracy is about. If you don’t want democracy, you can sit in your office and announce anything.

“Nobody is saying we have a monopoly of what is right but there must be consultation. We get feelers from the people and at a time that the economy is biting, we have to be very sensitive to some of the issues we face. So, all we are saying is consult more.”

But the Muslim Rights Concern on Saturday alleged that the Senate did not confirm Magu because the lawmakers were planning to kill the EFCC.

MURIC’s director, Ishaq Akintola, in a statement said, “Senate has shown that it is not fighting corruption. On the contrary, it is fighting for corruption by rejecting a firebrand anti-graft boss, it has exposed itself as an institution with skeletons in its cupboard.

“The Senate has demonstrated its readiness to kill the EFCC and any other anti-corruption agency that has the temerity to investigate its members.”

Meanwhile, the Senate has said it is preparing its communication to President Muhammadu Buhari on the rejection of Magu.

Speaking to one of our correspondents on Friday, the Chairman, Senate Committee on Media and Public Affairs, Senator Sabi Abdullahi, said the lawmakers would soon transmit their letter to the President.

He said, “They (Presidency) should be expecting it; it will come. People should be fair to us. That is not how things are done. When one sits for an examination, one doesn’t get the result same day. When did we do it (reject Magu)?

“There are processes. Of course, they will say they are waiting on us and we have to process it. We should always allow people to do their jobs. There will be communication and it will go.”

Reacting to the criticisms against the Senate from a section of the public on the issue, Abdullahi pointed out that the lawmakers were honest with their decision.

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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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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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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