Connect with us

NEWS

N80.2bn Fraud: EFCC Takes Bello To Court

Published

on

The legal battle over the Economic and Financial Crimes Commission’s (EFCC) move to arraign former Kogi governor Yahaya Bello for an alleged N80.2 billion fraud is slated to kick off on Monday at the Abuja Court of Appeal.

The appellate court will hear the EFCC’s plea to nullify a temporary injunction from a Kogi High Court, which prohibits the EFCC from apprehending the ex-governor.

Justice Emeka Nwite, presiding at the Federal High Court in Abuja, is expected to deliver a verdict on Tuesday regarding the EFCC’s plea for authorization to serve the charge on Bello through substituted means.

This follows an interim injunction issued by Justice Isa Abdullahi of a Kogi High Court on Feb. 9, which restrains the EFCC from taking any action against Bello until the main case is resolved.

Subsequently, on March 11, the EFCC appealed to the Court of Appeal, seeking to overturn the interim restraining order.

The EFCC informed the appellate court that the lower court was not authorized to help Bello avoid facing legal consequences.

They emphasized that Bello cannot utilize the lower court to evade being summoned for questioning, investigation, and potential prosecution.

Nevertheless, the EFCC’s appeal concerning the interim order will encounter robust legal debate, as the Kogi High Court issued its substantive judgment on April 17.

The court instructed the commission to obtain permission from the Court of Appeal before pursuing any additional actions against Bello.

This situation implies that the EFCC must appeal the new substantive judgment and await the appellate court’s decision before taking any further action against Bello.

Justice Abdullahi had in his latest verdict, held that: “Looking at the Orders sought by the applicant (Bello), I am inclined to grant them subject to some alterations which in my view will meet the justice of this case, in the following terms;

“An order is hereby granted enforcing the fundamental rights of the applicant to liberty and freedom of movement and fair hearing, by restraining the respondent (EFCC) by themselves, their agents, servants or privies from continuing to harass, threaten to arrest or detain or in any manner whatsoever arresting, detaining or prosecuting the Applicant on the basis of the criminal Charges now pending before the Federal High Court, Abuja.

“To wit; Charge No. FHC/ABJ/CR/550/2022 between FRN v. Ali Bello & Anor, without prejudice to the power of the said Federal High Court, to make any order as it may deem just in the determination of the rights of the applicant and the respondent as may be submitted to her for consideration and determination.

“An order is hereby granted directing the respondent to bring before the said Federal High Court, or any such appropriate court, such criminal Charge, allegation or complaint in respect whereof the applicant is reasonably believed by the respondent to have committed any offence subject of its jurisdiction, provided that the respondent shall not invite, arrest or detain the applicant.

“This is on account of a reasonable belief that the applicant has committed any financial crime, without first obtaining the leave of a superior Court of Record.”

4 Comments
0 0 votes
Article Rating
Subscribe
Notify of
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
fox888
11 months ago

105520 883785Hey there, I believe your blog might be having browser compatibility issues. When I look at your internet site in Safari, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, superb blog! 272259

ตรวจสอบสลิปโอนเงิน

565433 384614Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone! 85365

รับทำเว็บไซต์

811370 353341This site is truly a walk-through it truly could be the details you wanted concerning this and didnt know who to inquire about. Glimpse here, and you will absolutely discover it. 975314

เครื่องเป่าแอลกอฮอล์

567935 580711Sweet internet website , super style and design , rattling clean and utilize genial . 295584

International News

Norway’s King Harald Dies at 89, Son Haakon Becomes King

Published

on

Norway’s King Harald V has died at the age of 89, bringing an end to his more than three-decade reign and ushering in a new era for the Norwegian monarchy.

The Royal Palace announced on Friday, August 28, 2026, that the monarch died peacefully at Oslo University Hospital at 6:35am local time.

ALSO READ: Infantino’s Re-Election Bid Suffers Fresh Blow as Italy Withdraws Backing

“It is with deep sadness that we announce that His Majesty King Harald passed away today. King Harald passed away peacefully at Oslo University Hospital on Friday, August 28 at 6:35 am,” the palace said in a statement.

King Harald, who ascended the throne in 1991, had been hospitalised in Oslo since August 17 while receiving treatment for haemolytic anaemia.

His condition became “extremely serious” on Thursday, prompting members of the royal family to gather at his bedside.

His 53-year-old son, Crown Prince Haakon, has automatically succeeded him as monarch under Norway’s constitutional succession rules. He is expected to take the name King Haakon VIII.

Following the announcement of Harald’s death, the flag at the Royal Palace in Oslo was lowered to half-mast, while members of the public gathered outside the palace to lay flowers and mourn the late monarch.

Harald was widely regarded as a popular and unifying figure during his 35 years on the throne. He was also known for his modest lifestyle and efforts to modernise the monarchy.

Kaspara Bolstad, 24, described him as “a very steady and warm king.”

“I think the entire Norwegian people see him as a role model and as someone who brings people together. Whether you’re for or against the monarchy, I think he’s well-liked across the board,” she said.

Magnus Skaugseth, 27, also praised the late King’s inclusive approach.

“He was so inclusive and committed to having values that are inclusive in the society we live in today. When there is so much division and polarisation, he was a pillar pointing in the opposite direction,” Skaugseth said.

Harald had experienced several health challenges in recent years and had undergone procedures including the fitting of a pacemaker. Despite his declining health, he repeatedly ruled out abdication, maintaining that his oath to serve Norway was lifelong.

His death comes during a turbulent period for the Norwegian royal family, which has faced a series of health and personal controversies in recent months.

With Harald’s death, Crown Prince Haakon now takes over the Norwegian throne, marking the beginning of a new chapter for the country’s monarchy.

Continue Reading

NEWS

‘Your Problem Is That a Son of a Nobody Was Invited’ — VDM Fires Back at Falana

Published

on

Social media personality Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has fired back at Senior Advocate of Nigeria (SAN), Femi Falana, following the lawyer’s criticism of his invitation to the Nigerian Bar Association (NBA) annual conference.

Recall that Falana had criticised the decision to feature VDM as a panelist during a session on “Unknown Gunmen,” arguing that discussions on national security should involve individuals with established experience in the country’s security architecture.

RELATED NEWS: ‘Bring Experts, Not Entertainers’ — Falana Questions VDMs NBA Invitation

“In those days, the NBA brought individuals who had paid their dues, who were coming to engage lawyers intellectually. We wanted to learn from them and so none of our conferences was a circus show in the past,” Falana said.

He further stated: “So, if you are bringing in an expert to discuss the security of the country, either from the private or public sector, such an individual must have contributed to the security architecture of the country.”

Falana also said: “But to just go and bring somebody from nowhere to come and entertain you, there are problems with that.”

Reacting in a Facebook post on Friday, VDM said he was initially disappointed by Falana’s comments but claimed they helped him understand the opposition to his invitation.

“And then again, I listened to Femi Falana. When I listened to him, I won’t lie, I was so disappointed in him. Then again, after he spoke, I understood why a lot of them were upset and Femi Falana gave me the answer.

“Their problem is that a son of a nobody was invited and that is just simply what is going on in the media and Femi Falana just made it clear to me. Who knows me? Who is my father? Who knows my family? Who are we? What empire do we have?”

Defending his participation, VDM said his contribution would be based on firsthand experiences.

“This is not about book, it is about experience,” he said, adding, “Security is for everybody. Security is not for some set of people.”

 

Continue Reading

NEWS

Umar Cautions Against Irregular Policies in Nigeria’s Oil Industry

Published

on

A public warning has gone to the authorities to desist from frequently tweaking with the regulatory environment, as it could undermine investments in Nigeria’s petroleum industry.

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Umar, expressed the view on Wednesday in which he highlighted the importance of predictable regulation to the development of Nigeria’s midstream and downstream petroleum sectors.

According to Umar, investors were prepared to manage commercial risks but found regulatory uncertainty more difficult to accommodate, stressing that clear, consistent and predictable rules were critical to attracting and retaining capital.

“Investors are prepared to manage commercial risk. What they find far more difficult is regulatory uncertainty,” he said.

According to him, government efforts to provide fiscal incentives, financing support and policy reforms to encourage investment could achieve little if investors were unsure how the regulatory system would operate in practice.

Umar said investors wanted assurances that rules were clear, decisions were consistent and regulatory processes were predictable, adding that such confidence could influence investment decisions as much as commercial considerations.

He noted that the issue was particularly important in the midstream and downstream sectors, where investments in refineries, pipelines, storage facilities and gas infrastructure were designed to operate over many years.

“Investments in refineries, pipelines, storage facilities and gas infrastructure are designed to operate over many years. Investors need confidence that the regulatory environment will remain stable, consistent and credible throughout the life of those assets,” he said.

The NMDPRA boss said the Petroleum Industry Act had provided the industry with a strong legal and regulatory framework based on transparency, competition and accountability.

READ ALSO: Ogoni Committee Washes Hands Off Contracts, 40 NNPC Ltd’s Job Slots

He said the responsibility of the NMDPRA is to ensure that those principles are reflected in its day-to-day regulatory activities.

Umar, who said he had spent nearly three decades on the commercial and operational side of the downstream petroleum industry before joining the Authority, said he understood the concerns investors raised before committing capital.

He listed timely approvals, consistent application of regulations and fair and predictable decisions by institutions among the key issues investors considered.

The NMDPRA chief executive further stated that effective regulation went beyond issuing licences and enforcing compliance, as it should provide certainty and create an environment where businesses could plan and investment could grow.

He said the authority was strengthening collaboration with other government institutions, noting that effective regulation depended not only on good policies but also on consistent implementation.

“When institutions work together, the industry experiences a more coordinated and predictable regulatory environment,” he said.

Umar said the implementation of reforms would ultimately determine the confidence investors had in Nigeria’s regulatory system.

“The true measure of any reform is how it is implemented. Every licence issued, every inspection conducted and every regulatory decision contributes to confidence in the regulatory system,” he stated.

He assured stakeholders that the agency would carry out its mandate fairly, consistently and transparently to support responsible investment and the continued development of Nigeria’s midstream and downstream petroleum industry.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

4
0
Would love your thoughts, please comment.x
()
x