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Magu Came to Beg me for Confirmation, Saraki Tells CJ

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EFCC Chairman, Ibrahim Magu
  • Magu Came to Beg me for Confirmation, Saraki Tells CJ

Former Senate President Bukola Saraki says the acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, visited him in 2016 and begged him to ensure that he was confirmed by the Senate.

Saraki added that he explained to Magu that the Department of State Services had written a letter to the upper chamber of the National Assembly accusing the EFCC boss of corruption and being unfit to hold the office and thus should not be confirmed.

The former Senate President said this in a letter addressed to the Chief Judge of the Federal High Court, Justice Adamu Abdu-Kafarati.

Saraki’s letter was written in response to a previous letter written by the EFCC to the chief judge.

The EFCC in a letter sent to Abdu-Kafarati, on May 21, accused Justice Taiwo Taiwo of being biased against it.

Saraki had filed a fundamental human rights suit before Justice Taiwo who in turn granted an ex parte order restraining the commission and five other agencies of the Federal Government from continuing its investigations of certain corruption allegations against him.

However, in a protest letter signed by Magu, the EFCC requested the re-assignment of the two ex-governors’ cases and all other ones involving it in the judge’s docket to another judge of the court.

In his own letter, however, Saraki said the EFCC was after him because Magu believed he had a hand in his confirmation.

The letter read in part, “Your Lordship, Mr. Magu after his nomination, came to see me pleading that I should do my best to help him during the screening process. During that meeting, I made it clear that I had no objection to his nomination and revealed to him, in confidence that he needed to go and clear himself with the DSS because the report on him was unfavourable.

“In fact, I bent backwards to let him read the content of the indicting security report submitted on him.

Also, I decided to delay the screening to give him ample time to get the DSS to change the report. As it eventually turned out, he was unable to get the adverse DSS report reversed.”

Saraki, who was the Chairman of the 8thNational Assembly, said the acting EFCC boss had since been hounding him.

He said the DSS actually sent two reports against Magu and it was the belief of the agency that confirming the nomination of such a man would be inimical to the war against corruption.

The former Senate President wrote, “My Lord, Mr. Magu is after me because he feels that as the President of the 8th Senate, I was responsible for the non-confirmation of his appointment, whereas the reason his appointment was not confirmed is all too familiar: an agency of the executive, which nominated him, the DSS, sent two reports to the Senate in which it categorically stated that Magu failed the integrity test, that his confirmation would shackle the EFCC from effectively tackling corruption in the country and hampering the anti-corruption drive of the President Muhammadu Buhari administration.”

He said it was in a bid to ensure transparency that the Senate allowed Magu’s screening to be aired live on television.

Saraki, who was governor of Kwara State from 2003 to 2011, urged the CJ to ignore the EFCC’s request even as he added that all the allegations levelled against him were not different from the charges filed before the Code of Conduct Tribunal which were quashed by the Supreme Court.

The former Senate President said it was funny that of all the agencies which were restrained by the court, it was only the EFCC that was attacking a judicial officer for doing his job among the six defendants goes to show that the commission and its leadership are “unnecessarily mischievous, pugnacious and overzealous.”

He, therefore, asked the CJ to ignore the EFCC’s petition

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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Netanyahu

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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