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CUPP releases AGF’s letter directing freezing of CJN Onnoghen’s accounts, vows more revelations

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The Coalition of United Political Parties (CUPP) says it has uncovered alleged plot by the Buhari-led All Progressives Congress (APC) govt to “harm” the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen”.

Imo Ugochinyere, CUPP spokesman, stated this on Wednesday in a statement which contained a letter by the office of the Attorney General of the Federation, directing the freezing or Onnoghen’s accounts.

DAILY POST reports that the accounts are the same contained in a petition against the CJN by a group, the Anti-Corruption and Research Based Data Initiative (ARDI).

The group said its petition, dated January 7, 2019, became necessary, “bearing in mind the imminence of the 2019 General Elections and the overwhelming roles of the Judicial Arm both before and after”.

ARDI said Onnoghen “is the owner of sundry accounts primarily funded through cash deposits made by himself up to as recently as 10th August 2016 which appear to have been run in a manner inconsistent with financial transparency and the code of conduct for public officials”.

ARDI alleged that prior to 2016, Onnoghen appeared “to have suppressed or otherwise concealed the existence of these multiple domiciliary accounts owned by him, as well as the substantial cash balances in them”.

Account balances listed against as follows: The Standard Chartered Bank dollar account 1062650 with a balance of $391,401.28 on January 31, 2011;

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The Standard Chartered Bank Euro account 5001062686 with a balance of EURO 49,971 .71 on January 31, 2011;

The Standard Chartered Bank pound sterling account 5001062679 with a balance of GBP23,409.66 on February 28, 2011;

“It is curious that these domiciliary accounts were not declared in one of the two CCB Forms filed by Justice Onnoghen on the same day, 14th December 2016,” the group said.

But CUPP said the federal government was angry because Onnohen “refused to compromise the composition of the post-2019 election Supreme Court Appeal Tribunal.

The coalition said: “Lobbying of all sorts by the APC chieftains to get the Chief Justice of Nigeria to accept to compromise the Presidential Election Appeal Tribunal and to compose the Governorship election Supreme Court Appeal Tribunal Rivers State, Akwa Ibom State, Delta State, Lagos state, Benue State, Imo State, Kwara State, Plateau state, Kaduna State, Abia State and Sokoto State with their preferred choices of justices did not succeed as the Chief Justice had remained faithful to his Oath of office and said by his actions that the Supreme Court was neither going to be partisan nor partial and would not consider such requests.

“The current ordeal of the Honourable Chief Justice will not end soon. He is up against people who are desperate and who do not care if the engine of state grinds to a halt. They have taken this dastardly attack to a new low by freezing all the family assets of the family of the CJN.

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“We are in possession of the letter from the Attorney General of the Federation to this effect. This onslaught on the judiciary is as undemocratic as it is unconstitutional. This is capable of furtherderailing our democracy as such brazen violation of the Constitution is
only tantamount to treason.

“With the happenings in the last 48 hours and the insistence of the Presidency to either get the CJN to comply or be removed from office, we hereby notify the nation that the life of the Honourable CJN, Justice Walter Nkanu Onnoghen as well as those of his family members is not safe.

“The situation will very quickly descend into compromising the security of the CJN. The APC govt views the resistance of the CJN to the plot to hijack the Supreme court as the only piece that has not been fixed in its grand design to rig and manipulate the 2019 general election for President Muhammadu Buhari and APC chieftains.

“Nigerians will be shocked by the contents of the letter directing the freezing of the accounts and assets of the CJN. We hereby attach it.

“We are also in possession of audio recordings of meetings of those behind the plot including call records which we will be releasing as we analyze them. It is still amazing how the Buhari led APC govt is continuing in this path of ignominy, opprobrium, reproach, and dishonour despite the widespread outrage by Nigerians across board. Their mind is made up. They believe nothing can stop them now.”

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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