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South Korean Ex-president Park Interrogated by Prosecutors

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  • South Korean Ex-president Park Interrogated by Prosecutors

South Korea’s ousted president Park Geun-Hye was questioned by prosecutors Tuesday about the corruption and abuse of power scandal that brought her down, after using executive privilege to avoid them for months while in office.

Park apologised to the public as she arrived at the prosecutors’ office in Seoul, adding: “I will undergo the investigation sincerely.”

The nation’s first female president was impeached by parliament in December as millions took to the streets to demand her removal over the sprawling scandal, which has exposed the links between politics and business in Asia’s fourth-largest economy.

Her dismissal was confirmed by the country’s top court earlier this month, ending the political career of a woman who grew up in the presidential palace as the daughter of army-backed dictator Park Chung-Hee.

As a private citizen once again, Park’s convoy drove at walking pace through crowds of flag-waving supporters lining the street outside her home — some of them lying on the pavement to try to block her exit before she left.

Every inch of the journey was covered live on television, with cameramen trailing the vehicles in cars and on motorcycles and at fixed points along the route.

Questioning by prosecutors is a key step in South Korea’s judicial process before a suspect is charged. It can last for many hours, late into the night, and can be repeated if officials deem it necessary.

Park faced two prosecutors and an investigator and was accompanied by one of her lawyers, but standard procedure bars him from interjecting, only allowing consultations during rest breaks — which could be an issue for her.

The 65-year-old has a reputation for fastidiousness and as president reportedly refused to use toilets that had been employed by others.

She had a packed lunch of seaweed rice rolls and sandwiches brought by one of her security guards, South Korea’s Yonhap news agency said.

“She has been cooperating well,” it quoted a prosecutor as saying, adding she would return home after the questioning.

The interrogators were addressing her as “Madam president”, he added, but in the transcript she was referred to as “suspect”.

– Secret confidante –

Park faces multiple charges ranging from abuse of power and coercion to bribery. She is the fourth former South Korean leader to be probed or jailed over corruption scandals.

Two former army-backed leaders who served in the 1980s to 1990s — Chun Doo-Hwan and Roh Tae-Woo — served prison terms for bribery after they stepped down.

Roh Moo-Hyun, who served from 2003 to 2008, killed himself by jumping off a cliff after being probed by prosecutors over corruption allegations in 2009.

Park has been named as an accomplice to her secret confidante at the heart of the scandal, Choi Soon-Sil.

Choi allegedly used her presidential ties to force local firms including Samsung, the world’s biggest smartphone maker, to “donate” nearly $70 million to non-profit foundations which she allegedly used for personal gain.

Park is accused of offering governmental favours to the business tycoons who enriched Choi.

The former leader is also accused of letting Choi, who had no official title or security clearance, handle a wide range of state affairs including nomination of top officials or diplomats.

Park also allegedly forced her aides to create a “blacklist” of thousands of artists who had voiced criticism of her, in order to stop offering their projects state subsidies.

Prosecutors have accused her of pressing local businesses including Hyundai and steelmaker Posco to award lucrative deals to firms or individuals linked with Choi.

The ex-president has repeatedly denied any wrongdoing and blamed her friend for abusing their friendship.

Choi is on trial at Seoul Central District Court — a few hundred metres from the scene of Park’s interrogation — on charges including abuse of power and coercion.
Samsung heir Lee Jae-Yong has also been arrested and indicted for bribery and other offences.

Park won the 2012 presidential vote largely thanks to the popularity of her late father among the aged conservative voters who benefited from rapid economic growth under his iron-fisted rule from 1961-1979. But the scandal sent her once-bulletproof support ratings to record lows.

An election to choose her successor will be held on May 9 with Moon Jae-In, her rival in 2012 and a former leader of the main liberal opposition Democratic Party, leading polls by large margins.

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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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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