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Alleged N70bn Fraud’: Real reason why Gov. Matawalle is yet to be arrested

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Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), on Thursday said  Governor Bello Matawalle’s immunity from criminal prosecution – enjoyed by governors and their deputies while in office – is why the Commission has not arrested the Zamfara leader over a N70b fraud allegation.

It said in a statement on Thursday.

The EFCC is investigating the Zamfara governor over “allegation of monumental corruption, award of phantom contracts and diversion of over N70 billion”.

The Commission in a statement on Thursday said the Governor recently attempted to cast aspersion on the integrity of the EFCC’s fight against corruption by making farcical allegations of corruption in assets disposal and plea bargain procedure, among others.

According to the Commission, the money which was sourced as a loan from an old-generation bank purportedly for the execution of projects across the local government areas of the state, was allegedly diverted by the Matawalle through proxies and contractors who received payment for contracts that were not executed.

The Commission said its investigations so far reveal that more than 100 companies have received payments from the funds with no evidence of service rendered to the state.

It added that some of the contractors who had been invited and quizzed by the Commission made startling revelations on how they were allegedly compelled by the Governor to return the funds received from the state coffers back to him through his aides after converting the same to United States Dollars.

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Crime & Court

Human Rights Lawyer, Dele Farotimi, Granted ₦30m Bail

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A Magistrate Court sitting in Ado Ekiti, the Ekiti State capital, has granted human rights lawyer and activist, Dele Farotimi, bail to the tune of ₦30 million. The court also mandated Farotimi to provide three sureties with landed properties within its jurisdiction.

As part of the bail conditions, the court ordered Farotimi to refrain from granting media interviews and to submit his international passport to the authorities. The case has been adjourned to February 13, 2025, for further proceedings.

Farotimi, who had been remanded at a correctional center in Ado Ekiti, arrived at the court premises on Friday at approximately 9:45 a.m. He was conveyed in a prison van accompanied by a police escort. Upon arrival, the embattled lawyer raised his hands in appreciation of a cheering crowd that had gathered outside the court to show their solidarity.

The human rights advocate is facing prosecution for allegedly defaming a Senior Advocate of Nigeria (SAN), Afe Babalola. His arrest has ignited widespread public outcry, with many Nigerians and civil society groups condemning the action and demanding his immediate release.

Farotimi’s detention and subsequent arraignment have fueled debates about the boundaries of free speech and defamation laws in Nigeria, with critics arguing that the case may stifle dissenting voices in the country.

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Anambra: Police Arrest Man with Gun Hidden in Rice Bag

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Police operatives have apprehended a 25-year-old man, Enediong Bassey, in possession of a pump-action gun concealed in a bag of rice at Nkwelle-Ezunaka.

The suspect, a native of Ikono Local Government Area in Akwa Ibom State, was arrested on November 22, 2024, at 6:38 pm following credible intelligence.

This was disclosed in a statement issued on Tuesday by the Police Public Relations Officer, Anambra State Command, SP Tochukwu Ikenga.

The statement revealed that officers attached to the 3-3 Divisional Headquarters, led by CSP Emeka Obi, acted swiftly to intercept Bassey.

During interrogation, he admitted to being a member of a local vigilante group but confessed to plans of absconding with the weapon to join a criminal gang involved in armed robbery and other illicit activities.

“Given the above and following other complaints and unprofessional conduct by some security outfits and vigilante members, the Commissioner of Police, CP Nnaghe Obono Itam, in line with the principles of community policing, reiterates the calls for profiling of security operatives assisting the police and other security agencies on anti-crime operations to improve safety in the state,” the statement read.

In light of the situation, the Commissioner of Police has directed the immediate transfer of the suspect to the command’s anti-robbery squad for a thorough investigation.

The Anambra State Police Command reassured residents of its commitment to ensuring the safety and security of lives and property, urging vigilance and collaboration with law enforcement.

 

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Bloggers Denied Bail Over Alleged Blackmail of GTCO, CEO, Citing Repeat Offenses

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Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of four bloggers accused of defaming and cyberstalking the management of Guaranty Trust Holding Company (GTCO), including its Group CEO, Mr. Segun Agbaje.

The defendants—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—face a 10-count amended charge for allegedly publishing false and defamatory content about GTCO on various social media platforms.

During proceedings on November 13 and 14, Justice Faji dismissed their bail applications, citing the severity of the charges, which carry potential penalties of up to 14 years in prison.

The judge specifically noted that Precious Eze had previously been charged with a similar offense in another court and was on bail at the time of the alleged actions, demonstrating a likelihood of reoffending.

Justice Faji emphasized the destabilizing impact such actions could have on the banking sector, pointing to the cross-border nature of some of the allegations.

“The regulatory oversight of institutions like the Central Bank of Nigeria (CBN) should not be undermined by false claims,” the judge remarked, referencing GTCO’s CBN-approved audited statements.

At the previous hearing, defense counsel Afolabi Adeniyi had urged the court to grant bail on liberal terms, arguing that the defendants were ready to stand trial.

However, the prosecution counsel, Chief Aribisala, SAN, opposed the motion, raising concerns about the defendants potentially absconding and stressing the need for a swift trial.

In his ruling, Justice Faji rejected the defense’s plea, ordering an expedited trial to address the case’s significant implications for the financial industry.

The trial has been adjourned to December 10 and 12 for continuation.

 

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