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N10bn Money Laundering: Court Upholds EFCC’s Amended Charges

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Economic and Financial Crimes Commission, EFCC,

Justice James Omotosho of the Federal High Court sitting in Abuja on February 23, 2024 overruled a motion on notice filed by Ali Bello and Dauda Suleiman urging the court to strike out the 17-count amended charge filed by the Economic and Financial Crimes Commission (EFCC), on the ground against them claiming that the charge lacked merit and invalid.

The court held that the 17-count amended charges filed on February 5, 2024 are valid as the prosecution is entitled to amend its charges provided it is done before judgement is given.

The motion on notice by the defence which was filed on February 22, 2024 by counsel to the second defendant, Nureini Jimoh objected to the admittance of the amended charges stating that it amounted to an abuse of court processes. Also, the motion questioned the Federal High Court in Abuja on the ground that it lacked jurisdiction to try the matter and seeking that the matter be transferred to Kogi State.

Jimoh also submitted that the 17-count amended charge was fatally incompetent, citing Section 216 of the Administration of Criminal Justice Act 2015.

“My lord, the EFCC lacks the grounds to investigate the revenue of Kogi State Government, because the EFCC is not constitutionally recognized to have the powers to usurp the decision and powers of Kogi State House of Assembly.

“Let me say that based on the resolution and decision by the Kogi State Assembly, which says that no fraud was committed in the Kogi State Account, that should lay to rest EFCC`s allegation that a fraud was committed” Jimoh asserted.

Responding, Prosecution Counsel, Rotimi Oyedepo, SAN, in a counter- affidavit objected to the allegations, urging the court to discountenance the application of the defense. He noted that the alleged offence committed by the defendants were in Abuja and “within the jurisdiction of the Honourable Court and all three witnesses in the case are residents of Abuja”. He also pointed at the insecurity challenges involved in prosecuting the matter in Kogi State.

“We are opposing the application with a counter-affidavit and we urge my Lord to dismiss this application. In the circumstances that offences were committed in Abuja, the funds alleged to have been laundered belong to the Kogi State government, but the alleged money laundering act was committed in Abuja and that the funds in question had been allegedly used to acquire properties and equally used to engage in foreign exchange transactions in Wuse Zone 4, Abuja. My Lord, I will rely on Section 20 of the Money Laundering Prohibition Act 2011″, he said.

Delivering his ruling, Justice Omotosho discountenanced the application of the defence, stating that the prosecution has not concluded its case, “so it is immature to say that the EFCC cannot amend charges at any time before judgment”

He also stated that the EFCC under its Establishment Act has the power to investigate and prosecute anybody or entity when cases of corruption and money laundering are established including the powers provided by the Money Laundering (Prohibition) Act 2011.

“Prosecuting a money laundering charge is “within the purview of the EFCC. I hold that this criminal trial is properly constituted before this court. I also hold without hesitation that the second amended charge filed on February 5, 2024 is hereby deemed valid and competent. I hereby order that the defendants are called upon to take their pleas in the amended charge, the objection of the defendant is hereby overruled”, he ruled.

He also added that the case will be given accelerated hearing, equally noting that insecurity could be a reason to try a criminal offence outside jurisdiction

Justice Omotosho adjourned to March 14, 15, and 21 for the continuation of hearing.

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JUST IN: FG Announces Launch Date For Student Loan Applications

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The Federal Government of Nigeria (FGN) has announced that the portal for student loan applications will officially open on May 24, 2024.

This development is part of the Nigerian Education Loan Fund’s efforts to enhance access to higher education, as stated by the Fund’s media lead, Nasir Ayantogo, on Thursday night.

According to Ayantogo, the launch of the application portal is a significant step in President Bola Tinubu’s commitment to providing accessible and inclusive education for Nigerian students.

This initiative follows the signing of the Access to Higher Education Act, 2023, by President Tinubu on June 12, 2023 which aims to provide interest-free loans to financially disadvantaged students pursuing higher education in Nigeria.

Dele Alake, a member of the former Presidential Strategy Team, noted that this move fulfills one of President Tinubu’s key campaign promises to liberalize funding for education.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to handle all loan requests, grants, disbursements, and recoveries.

Initially, the government announced that the scheme would launch in September, but it faced several delays, resulting in an indefinite postponement in early March.

The Presidency attributed the delay to President Tinubu’s directive to expand the scheme to include loans for vocational skills.

Following a briefing from the NELFUND team led by the Minister of State for Education, Dr. Yusuf Sununu, on January 22, President Tinubu instructed the Fund to extend interest-free loans to Nigerian students interested in skill-development programs.

President Tinubu stressed the importance of including those who may not seek university education, noting that skill acquisition is equally as important as earning academic degrees.

He had said, “This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,”

Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

According to the statement, the portal features a user-friendly interface, allowing students to conveniently submit their loan applications.

The statement added, “We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation. Students can access the portal on www.nelf.gov.ng to begin application.”

 

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JUST IN: Tinubu Welcomes Senegal’s Youngest President At Villa

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President Bola Tinubu received Senegal’s newly elected President, Bassirou Faye, at the Aso Rock Villa in Abuja on Thursday.

Faye, who arrived at 3:09 p.m., is making his first official visit to Nigeria since taking office last month.

At 44, he is the youngest president in Senegalese history, having secured a decisive victory in April’s delayed presidential election with over 54% of the vote.

 

 

 

More to follow…….. 

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11 Confirmed Dead In Kano Mosque Attack

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In the devastating arson that occurred on Wednesday during an early morning prayer in Gaza village near Gezawa in Kano State, eleven people have been confirmed dead.

The perpetrator, 38-year-old Shafiu Abubakar, set fire to a mosque amidst an inheritance dispute, trapping around 40 worshippers inside.

Rabiu Gadan, a resident of the village, disclosed that 11 individuals have tragically succumbed to the burns they suffered.

Of these victims, eight have already been laid to rest, while preparations are underway for the burial of the remaining three, scheduled for Thursday.

Rabiu revealed that the attack was not the first instance of violence involving Shafiu. Previously, he had assaulted two of his older brothers and then voluntarily surrendered himself to the police, claiming responsibility for their deaths.

Another resident, Malam Garba, said, “He has always been troubled, but when he challenged his family to give him his portion of the inheritance, they did.

“He was even taken to a mental institution once when he attacked his relatives but he was given a clean bill of health. So, he was clearly in his right mind when he set the fire, two of his uncles died and we buried them yesterday already.”

According to BIZTELLERS reports, the assailant is currently in police custody, where he has confessed to his actions.

He cited frustration with the way some of the victims handled the inheritance sharing as his motive. Despite warning his family members to stop maltreating him, he claimed his pleas were ignored.

He however expressed no regret for his actions.

Residents confirmed the existence of an inheritance dispute within the family, but the precise nature of the disagreement remained unclear.

At the Murtala Muhammad Specialist Hospital in Kano, where the injured were rushed for treatment, distraught relatives anxiously awaited news about the condition of their loved ones.

Maijida, one of the distressed relatives, shared her heartache, expressing fear over the condition of her father and brothers.

“My father and two brothers are severely injured and I was told some people have died already, what will I do if I lose them, I will be left all alone.” she lamented.

One of the residents that attempted to rescue the victims, Musa Muhammad Gadan said, “I was late going to the prayers, but as I was rushing to the mosque, I heard a blasting noise and then I heard people screaming so I rushed over, the flames had engulfed the building, I and some others tried to rescue them and that is how I sustained burns on my arms.

During a visit to the victims at Murtala Muhammad Specialist Hospital, Deputy Inspector General of Police AIG Umar Mamman Sanda, in charge of Zone 1 in Kano, confirmed the devastating loss of eight lives on Wednesday.

He was accompanied by a delegation of security personnel, including the Commissioner of Police in the state and the Director of the Department of State Services (DSS).

He said, “The suspect was said to be not satisfied with the distribution and was reacting to that. He is presently with us and is giving useful information. It is really unfortunate.”

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