NEWS
N30bn Clawed Back From Humanitarian Ministry’s Looted Funds – EFCC
The Economic and Financial Crimes Commission (EFCC) has made significant strides in combating corruption by recovering a staggering N30bn from the alleged money laundering activities within the Ministry of Humanitarian Affairs.
The funds, linked to the former minister, Sadiya Umar-Farouk, were part of the N37,170,855,753.44 redirected from government coffers.
Moreover, the anti-graft agency has uncovered an additional N500m associated with Betta Edu, the successor to Umar-Farouk, who recently faced suspension by President Bola Tinubu.
These revelations shed light on a complex web of financial improprieties involving 38 bank accounts across five legacy commercial banks, all connected to the contractor James Okwete, as initially reported by BIZTELLERS.
According to report gathered, the Economic and Financial Crimes Commission (EFCC) successfully recovered N30bn after placing a lien on the bank accounts of Sadiya Umar-Farouq and contractor James Okwete.
Both individuals are currently undergoing intensive interrogation by the anti-graft agency.
Additionally, Betta Edu is still under scrutiny in relation to an alleged N17bn fraud, while the suspended Coordinator of the National Social Investment Programme, Halima Shehu, is also being questioned over an alleged N44bn fraud.
An EFCC source revealed, “The commission has now recovered over N30bn from the laundered N37.1bn that was linked to former minister Sadiya Umar-Farouq.
“We were able to recover the money after we placed liens on the bank accounts of the former minister and the contractor, Mr Okwete, who was linked to the fraud under probe. Both the minister and the contractor are still being grilled by our investigators daily.”
A senior EFCC investigator said “We have uncovered another N17bn money laundering from the Ministry of Humanitarian Affairs, and for the alleged fraud linked to the suspended minister, Betta Edu, we have so far recovered over N500m. Edu is still answering questions about the fraud.”
“The NSIPA coordinator, Halima Shehu, is still being grilled over the N44bn fraud linked to her at the NSIPA; our investigators aren’t leaving any stone unturned.”
In another update, the EFCC announced the recovery of a substantial sum amounting to N70,556,658,370.5 between October 2023 and January 19, 2024.
Exclusive details of this recovery were disclosed in an EFCC document titled ‘Operations and Recoveries,’ obtained by our correspondent.
The breakdown includes N60,969,047,634.25, $10,522,778.57, £150,002.10, and €4,119.90, highlighting a comprehensive effort in reclaiming illicit funds during this period.
Providing a comprehensive overview, the EFCC reported receiving a total of 3,325 petitions, accepting 2,657 of them.
During this period, the agency achieved the conviction of 747 individuals for various financial crimes, spanning from money laundering to Internet fraud.
Notably, the EFCC headquarters played a significant role in the overall recovery, securing N49,607,391,330.44, $3,900,200.75, £2,000, and €110.
Highlighting the extensive efforts across various commands, the Maiduguri Zonal Command recovered N58,065,870 and $3,370, Gombe Command secured N127,323,028.50 and $1,500, and Kano Command recovered N141,944,451 and $365.
Additionally, the Makurdi Command reclaimed N53,228,325, Enugu Command secured N202,117,000 and $1,950, Uyo Command recovered N25,299,950 and $710, while Port Harcourt Command excelled with N2,412,247,210.05 and $5,714,389.21.
Noteworthy recoveries include Sokoto Command with N100,696,118.72, Kaduna Command securing N331,494,710.81, $912, £50, and €1,610, Ilorin Command recovering N80,280,580.86 and $880, Abuja Zonal Command with N825,928,463 and $10,000, and Ibadan Zonal Command obtaining N135,519,810, $14,517, £280, and €500.
The Lagos Zonal Command reported a substantial recovery of N6,826,993,798.78, $868,284.61, £147,672.10, and €1,899.90.
In a parallel effort, the Benin Zonal Command secured the recovery of N49,515,987.09 and $5,700.
Simultaneously, the EFCC achieved 747 convictions during this period, predominantly centered on cybercrime and money laundering offenses.
Chairman Ola Olukoyede disclosed at a dialogue in Abuja that a significant portion of the convictions stemmed from prosecutions related to cybercrimes.
The EFCC further disclosed that it has deepened its investigation into money laundering cases involving high-profile public officials, including former governors and ministers accused of fraud.
The total amount implicated in these cases has reached around N130.1bn as of January 31, 2024, as revealed in an EFCC document titled ‘100 Days in Office,’ outlining ongoing probes, discoveries, and recoveries under Chairman Ola Olukoyede’s leadership.
NEWS
Christmas: Shettima Assures Of FG’s Commitment To Citizens’ Welfare
Nigeria’s Vice President, Kashim Shettima has assured Nigerians of the federal government’s dedication to national security, economic transformation, and welfare of the citizens.
This was detailed in a Christmas message on Wednesday afternoon in Abuja under the signature of the Senior Special Assistant to The President on Media & Communications (Office of The Vice President), Stanley Nkwocha.
According to the Vice President, the administration of President Bola Ahmed Tinubu remains unwavering in its focus on these critical areas, as the country looks forward to the dawn of a new year.
ALSO READ: Tinubu Sends Hearty Christmas Greetings To Christians Worldwide
He said, “In these times of economic transformation, I want to assure you that the President Bola Ahmed Tinubu administration remains steadfast in its commitment to improving the lives of all Nigerians.”
Vice President Shettima particularly urged the citizens to imbibe the virtues of national unity during the yuletide season.
“Nigeria’s diversity remains our greatest strength. Let us avail ourselves of the time provided by the holiday season to strengthen the bonds of brotherhood that unite us across all faiths and regions,” he said.
Senator Shettima assured Nigerians of the continued vigilance of the nation’s security forces, noting that “our brave security personnel will continue to work round the clock during this festive period to keep us safe.”
He said enhanced security measures have been put in place to protect the citizens during the holiday period.
“The relevant agencies have been mobilized to ensure your safety and comfort on all major routes,” he stated, urging travelers to remain vigilant.
VP Shettima expressed optimism about the nation’s trajectory in the coming year, saying, “I am filled with hope and optimism about Nigeria’s future. Together, we will build a more prosperous and united nation.
“To our young people, you are the backbone of our nation. The Renewed Hope administration is implementing various initiatives to create opportunities for you to thrive and contribute to Nigeria’s development,” he added.
NEWS
Yuletide: Adeleke Rejoices With Christians
Osun State Governor, Senator Ademola Adeleke has felicitated Christians in Osun State and beyond on the occasion of the 2024 Christmas celebration, urging them to follow Jesus Christ’s example of compassion and tolerance.
Biztellers reports that Gov Adeleke described the birth of Jesus Christ as a defining moment for mankind, in a statement in Osogbo on Tuesday.
He described the festive season as a solemn reminder of the power of love and how it can save humanity.
ALSO READ: Archbishop Martins Champions Clamour For Better Life For Nigerians
While recognising unity and togetherness as an important message that Jesus Christ’s life resonates, Gov Adeleke charged Osun people, particularly Christians, to draw from the spiritual import of the celebration by sharing love and fostering harmony in communities.
In his words, “I extend my warm wishes to Christian faithful in Osun state and beyond as we mark this year’s Christmas. The birth of Jesus Christ is a manifestation of the power of love and remind us of the essence of compassion,” the Governor noted in his message.
“In the mood of celebration, I urge us to take a moment to reflect on the message of renewal that the birth of Jesus Christ signifies, promoting activities that will unite not divide, build not destroy, and bring peace not conflict.
“It is also my sincere appeal that we extend hands of kindness to the needy and the weak in the society, spreading love and generosity beyond borders. That is the essence of Christmas and it is most essential that at a time like this, no one is left to their fate.”
NEWS
Archbishop Martins Champions Clamour For Better Life For Nigerians
Archbishop Alfred Adewale Martins, of the Catholic Archdiocese of Lagos, has enjoined all Nigerian leaders to be more sensitive to the yearnings of the people for a better life.
This was contained in a 2024 Christmas Message to Nigerians issued in Lagos under the signature of the Director of Social Communications, Very Rev. Fr. Anthony Godonu.
According to the Archbishop there is an urgent need for a better enabling environment to allow businesses thrive in a bid to reduce the high rate of unemployment and the grinding poverty in the land.
He urged leaders to prioritise the welfare of citizens over personal needs in addressing the widespread hunger, poverty, joblessness, and insecurity ravaging the nation.
ALSO READ: Tinubu Sends Hearty Christmas Greetings To Christians Worldwide
In his words, “Even in the face of policies that are deemed to have positive results in the long-term, such as the removal of fuel subsidies, floating of the naira and the new tax reforms initiative, governments must ensure that the immediate welfare of people is not neglected but factored into the planning and execution of such policies. This is necessary, if the people for whom the policies are being made are not to die before the positive results begin to manifest.
“At the same time, government spending must be prudent and compassionate. In addition, it is necessary to pay more attention to the agricultural sector so that food security can be ensured for overall benefit.”
The Prelate described as very sad and depressing the recent loss of several lives of innocent Nigerians in Ibadan, Abuja, and Anambra in their quest to access food palliatives owing to pervading hunger across the country.
He considered it worrisome that many Nigerians now find it difficult to purchase necessities of life, especially during this festive season that should be a period of merriment, sharing of love, food, and other essentials, which are the hallmarks of the Christmas season.
To forestall a reoccurrence of such ugly incidents, the prelate urged governments, at both federal and state levels, as well as the legislative assemblies, to identify and quickly fix the loopholes in the polity that are responsible for the massive poverty and hardship which Nigerians are facing.
He advocated the appraisal of the nation’s existing laws and enactment and enforcement of only proactive policies that would open the business environment, attract investors, and create more jobs so that the citizens can afford their basic needs; rather than depend on palliatives that offer only temporary relief.
The prelate urged substantial investments in the agricultural sector of the economy to ensure the availability of basic foodstuffs; thereby reducing the high cost of essential food items like rice, beans, onions and grains.
“If citizens have food in their homes, people will not endanger their lives while scrambling for palliatives in the way it happened,” he noted with sadness.
While praying for the souls of those who died in the recent stampedes in parts of the country, he also commiserated with those who lost their loved ones, praying that Jesus, the Prince of Peace would bring solace to the afflicted, comfort to the grieving, and hope to the despairing.
“This special season reminds us of the profound love of God, who sent His only Son to redeem humanity. May the light of Christ illuminate our lives, dispel darkness, and fill our hearts with love, compassion, and kindness. As we gather with family and friends, let us not forget those who are less fortunate, the vulnerable and the marginalised. May our celebration be a catalyst for acts of charity, generosity, and solidarity,” he stated.