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How I paid $30,000 into Onnoghen’s domiciliary account, Agi opens up

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AS controversies continue to trail the inability of the suspended Chief Justice of Nigeria (CJN), Walter Onnoghen, in declaring his complete bank account in his assets declaration form he submitted to the Code of Conduct Bureau upon his appointment as CJN, a lawyer and former Peoples Democractic Party (PDP) governorship aspirant in Cross River State, Joe Agi, SAN has said he particularly deposited the sum of $30,000 for Onnoghen.

Onnoghen Justice Onnoghen This was even as he alleged that the Attorney General of the Federation, Mallam Abubakar Malami, and those he described as a cabal were after him because he (Agi) did not only expose them but also secured the refund of the fraudulent deduction of $3,18 billion from local governments account by the Federal Government in the Paris Club fund.

His explanation came amidst his recent arraignment by the federal government for allegedly bribing the suspended CJN with the amount for a favourable judgment. The legal luminary, explained the role he played in the suspended CJN’s domiciliary account in a statement he sent to Vanguard, Wednesday, following accusation of bribing Onnoghen with the money for a favourable judgement. Agi said he deposited the money in the suspended CJN’s domiciliary account having collected the money for such purpose from Onnoghen, whom he said, was not aware such account existed nor knew how to open and operate it.

He said in the statement: “In the year 2009, I brought to his knowledge that he can open a domiciliary account instead of travelling with cash from Nigeria to abroad on seminars, holidays, conferences or medical trips. “My Lord Justice Onnoghen said he had no idea since the opening of foreign account was forbidden for Public Officers.

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I informed him that domiciliary account is not a foreign bank account as it is opened and operated within the local banks in Nigeria. “It was on this note that I went to my banker and obtained Account Opening Forms for him as a friend and senior brother. “He completed the forms and I refereed him. He gave me $30,000, being left over of his allowances for overseas seminars, holidays, conferences or medical trips to deposit for him as the first deposit.

“This, I did in 2009, that is 10 years ago. After that, he operated the account himself without me paying even a cent into that account till date.” “Now, 10 years after, I am again being vilified and accused of giving Justice Onnoghen bribe.

“If I may ask, a bribe for what case? In the Supreme Court panel, they sit in five or seven persons, was the $30,000 for the five or seven justices? And for what case? This is another huge joke aimed at vilifying my person by the same cabal who are hell bent on tarnishing my image as an aftermath of the exposure of the Paris Club fraud.

” The Senior Advocate of Nigeria, SAN, challenged the Minister of Justice and Attorney General of the Federation, Mallam Abubakar Malami, who instituted the case against him to come up with evidence to support his claim that the $30 ,000 traced to the account of the suspended Chief Justice of Nigeria, Justice Onnoghen, was a bribe to compromise the trial on the exposed $ 3.18 billion paris club fruad.

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He explained that though he convinced the suspended CJN to open the said domiciliary account with the Standard Chartered Bank 10 years ago with an initial deposit of $30,000, the deposit was never a bribe to the CJN or the trial judge in the Paris Club’s fraud case, Justice Adeniyi Ademola.

According to him, rather than the government to pay him his legal fee of over N 70 million for exposing and winning the case in court, Mallami and the same cabal had framed him up with trump up charges including bribing the suspended CJN. Mr Agi said it was a huge joke to have said he bribed the respected Justice of supreme Court justice Ademola with N30 million and a jeep to secure the ruling on the Paris Club refund . “Is it a crime for judges to have friends or acquaintances?

I challenge the Attorney General Malami, SAN and the EFCC to come forward with their proof that the $30,000 Onnoghen sent me to deposit for him 10 years ago was as a result of bribery.

“I challenge them to come out openly on the real reason why they are out to tarnish my image. They should be bold enough to open up rather than hiding under the guise of fight against corruption as a smokescreen to launch a smear campaign against my person.

“The government should be sincere and serious about fighting corruption and not be engaged in the deliberate destruction of the names of its citizens whom they perceive as enemies.

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“Which Nigerian alive today can say he has not benefited from the Paris Club Refund? Yet, Joe Agi, SAN who is the face of Paris Club refund is being hounded and haunted instead of being celebrated. God save us! “Let it be known that very prominent people in the present government have corruptly and fraudulently taken the legal fees due to me from the Paris Club Refund and the EFCC has seen nothing wrong with it,” he further said.

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.

In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.

“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.

He added, “I wish you many more years of God’s grace in your life.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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