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UK imposes sanctions on Russian banks, oligarchs
Published
4 years agoon
By
AFPBritain on Tuesday slapped sanctions on five Russian banks and three billionaires, in what Prime Minister Boris Johnson called “the first barrage” of measures in response to the Kremlin’s actions in Ukraine.
Addressing the UK parliament hours after Russia ordered troops into two Moscow-backed Ukrainian rebel regions, Johnson described the move as “a renewed invasion” of its western neighbour and “pretext for a full-scale offensive”.
“The UK and our allies will begin to impose the sanctions on Russia that we have already prepared… to sanction Russian individuals and entities of strategic importance to the Kremlin,” he told MPs.
The five banks targeted — Rossiya, IS Bank, General Bank, Promsvyazbank and the Black Sea Bank — and three people sanctioned will see any UK assets frozen.
The individuals concerned — Gennady Timchenko, Boris Rotenberg and Igor Rotenberg — will be barred from entering Britain and all UK individuals and entities will be banned from dealing with them and the banks.
“We cannot tell what will happen in the days ahead,” Johnson added in the House of Commons, amid cross-party condemnation of Moscow’s actions.
“But… we should steel ourselves for a protracted crisis.”
The announcement came after Russia’s ambassador to Britain was called into the foreign ministry in London “to explain” its action, the ministry said.
“We made clear to the Russian Ambassador that Russia would pay the price for its actions through further sanctions if it did not withdraw its troops,” a ministry spokesperson added.
– ‘Need to do better’ –
Earlier Tuesday, Johnson chaired a meeting with security chiefs, after which he vowed measures to hit Moscow “very hard”.
Weeks ago, he also pledged sanctions will “come down like a steel trap in the event of the first Russian toecap crossing into more sovereign Ukrainian territory”.
However numerous British lawmakers, including from within his ruling Conservative party, were left underwhelmed by the steps outlined, and urged him to go further.
Labour MP Ben Bradshaw noted the three oligarchs had been sanctioned in the United States four years ago.
“We need to do better than that, prime minister,” Bradshaw said, urging more use of so-called unexplained wealth orders against Russians in Britain as well as reviews of high-net-worth UK visas granted to them.
Johnson insisted further sanctions were “at readiness to be deployed” if the Kremlin continued its aggression.
Russian President Vladimir Putin on Monday recognised the independence of the rebel-held Donetsk and Lugansk regions of Ukraine and instructed the defence ministry to assume “the function of peacekeeping” in the separatist-held regions.
Its foreign ministry insisted Tuesday it was not planning to send troops to other parts of eastern Ukraine beyond the separatist areas “for now”.
However, Monday’s move ratcheted up weeks of tensions and punctured Western diplomatic efforts to de-escalate the situation, after a massive build-up of troops on Ukraine’s border.
Britain’s relations with the Kremlin have been frosty since the radiation poisoning death of a former Russian spy in London in 2006, and the attempted murder of another double agent in the southwestern city of Salisbury in 2018.
Successive governments in London, however, have faced sustained pressure to act against illicit Russian money circulating through the city’s financial markets in recent decades.
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Kano Assembly Moves to Impeach Deputy Governor Gwarzo Over ₦1.6bn Alleged Fraud
Published
2 days agoon
March 5, 2026By
adminThe Kano State House of Assembly has initiated impeachment proceedings against Deputy Governor Aminu Abdussalam Gwarzo over allegations of gross misconduct, abuse of office, and breach of public trust.
The notice was presented yesterday during plenary by the Majority Leader, Lawan Hussaini Dala, who said the action follows Section 188 of the 1999 Constitution of the Federal Republic of Nigeria.
Dala said the allegations stem from Abdussalam’s tenure as Commissioner for Local Government (2023–2024) and his current role as deputy governor. He accused the deputy governor of diverting funds meant for the 44 local government councils.
According to the majority leader, Abdussalam allegedly received N1.5 million monthly from each council between June 2023 and January 2024, totaling N462 million. Between February and July 2024, he allegedly collected N3.255 million monthly from each council under the guise of special assignments, amounting to N726 million.
Dala also accused the deputy governor of abuse of office, claiming he facilitated payments of N10 million from each council to NovoMed Pharmaceuticals Limited, totaling N440 million, in violation of state procurement laws.
“The misuse of official capacity to confer undue advantage constitutes abuse of power and undermines public trust,” Dala told lawmakers, adding that the allegations amount to gross misconduct under the Constitution.
The impeachment notice was reportedly endorsed by 38 lawmakers, meeting the constitutional threshold to proceed. The Speaker has acknowledged receipt, and the House is expected to serve the allegations on the deputy governor.
If approved, a panel may be constituted by the state Chief Judge to investigate the claims.
As of filing, Abdussalam had yet to respond publicly to the allegations.
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IGP Inaugurates State Police Committee, Gives Four-Week Deadline
Published
3 days agoon
March 4, 2026By
adminThe Inspector-General of Police, Tunji Disu, on Wednesday inaugurated a seven-member committee on the establishment of state police, giving it four weeks to submit its report.
The inauguration was held during his maiden conference with senior police officers at the Peacekeeping Conference Centre, Force Headquarters, Abuja.
Charging members of the panel to discharge their duties with professionalism and objectivity, Disu described the assignment as “both significant and timely,” noting that it would shape the framework through which state policing may operate in Nigeria.
“In carrying out this assignment, your deliberations must be guided by professionalism, objectivity, and a clear appreciation of the unique complexities of policing a diverse nation such as our own,” the IGP said.
He stated that if properly designed and effectively implemented, state policing holds significant potential benefits for the country.
“By bringing law enforcement closer to communities, state police institutions can deepen local knowledge of security dynamics and enable quicker and more targeted responses to emerging threats,” he added.
The committee is expected to review existing policing models within and outside Nigeria, assess community security needs and emerging risks, and propose an operational framework for the establishment and coordination of state police structures.
It will also address issues relating to recruitment, training, standards and resource allocation, as well as develop accountability and oversight mechanisms to ensure professionalism and public trust.
The panel is chaired by Olu Ogunsakin, with Bode Ojajuni as secretary. Other members are Emmanuel Ojukwu, Okebechi Agora, Suleyman Gulma, Ikechukwu Okafor and Tolulope Ipinmisho.
Disu said the committee had about four weeks to conclude its assignment and submit a comprehensive report.
The move marks one of the first major steps taken by the new police chief since his appointment and confirmation a few days ago.
The development comes amid rising security concerns across the country, with several stakeholders advocating state policing as part of measures to tackle insecurity.
President Bola Tinubu had earlier asked the National Assembly to commence the process of amending relevant laws to pave the way for the creation of state police.
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Tinubu swears in Disu as IGP, inaugurates RMAFC, FCSC commissioners
Published
3 days agoon
March 4, 2026By
adminPresident Bola Tinubu on Wednesday swore in Olatunji Disu as the Inspector-General of Police (IGP).
Disu took the oath of office at the Council Chamber of the Presidential Villa, Abuja, shortly before the commencement of the Federal Executive Council (FEC) meeting.
The President also administered the oath of office to six commissioners of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) and two commissioners of the Federal Civil Service Commission (FCSC).
The ceremonies were witnessed by ministers, senior government officials and family members of the appointees.
The council meeting began shortly after the swearing-in.
In attendance were Vice President Kashim Shettima; the Secretary to the Government of the Federation, Senator George Akume; the Chief of Staff to the President, Femi Gbajabiamila; the National Security Adviser (NSA), Nuhu Ribadu; and the Head of the Civil Service of the Federation, Mrs EsthMrs.Walson-Jack.
Disu was appointed acting IGP on February 25, 2026, by President Tinubu, following the resignation of former IGP Kayode Egbetokun.
His appointment was subsequently endorsed by the Nigeria Police Council (NPC).
The former Assistant Inspector-General of Police assumed office last Wednesday.
He previously served as Assistant Inspector-General in charge of the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, after his promotion to the rank last year.
A former head of the Lagos Rapid Response Squad (RRS), Disu has pledged to deliver accountable, modern and professional policing.
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