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‘Illegal Withdrawal Of LG Money’, Oyo ALGON Writes Bank Regional Managers {Read Full Details}

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This letter becomes imperative, as it has come to our knowledge that the Government of Oyo State has started withdrawing money belonging to the Local Government Councils through the illegal Caretaker arrangements. We were reliably informed that they started this illegal act when reality has starred them in the face about their impending loss of the legal battle involving them and the Local Government Councils which they illegally dissolved and overturned by Supreme Court of Nigeria.

However, we want this letter to serve as a note of warning to you to avoid being partners in crime as all the shady deals embark upon by the State Government have been revealed and being closely monitored.

For your information, all these criminals acts have been monitored by relevant agencies, most especially the NFIU. And we would not hesitate to drag any bank that connive to perpetrate this evil and fraudulent act before the court for necessary prosecution.

For this, you must avoid being put under duress by the State Government to partake in another man’s sins you know nothing about, by not allowing yourselves to be used and to further foist what is clearly an illegal and fraudulent administration over our Local Government Councils and LCDAs in Oyo state.

The Government of Oyo State and the Governor himself have been repeatedly warned before now by the Chief Law Officer of the Federation that is, (the Attorney General of the Federation) to respect the rule of law and desist from the path of illegality he was treading and being railroaded onto by some political jobbers whose stock in trade are to divide our Local Government Councils and constituencies as their political fiefdoms and their spoils of war.

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You may need to be informed and reminded once again that the management, administration and financing of Local Councils and LCDAs according to the constitution and the Supreme Court in cases variously cited and now in the public domain, can only be validly approved, authorized, authenticated any documents and executed by elected Local Government Chairmen. No authorization from any ” Caretaker Chairman “of any Local Government Council or LCDA nor their appointors is recognized under the current legal regime in our country. Any bank that honours such illegal approvals, directives or authorization from any persons not recognize by law therefore renders such liable to criminal prosecution for conspiracy and fraud.

We recognize that the Governor continues to act illegally hiding behind a cloak of constitutional immunity, while his political or financial collaborators outside government who may be urging you all to embark on serial illegalities, will not be signatories to any official council document that may incriminate you and form the subject of investigations of this orchestrated fraud on the administration of Councils.

It should be strongly noted that under our jurisprudence ignorance of the law has never been an excuse to criminal culpability. A claim of ignorance, or self imposed duress will not avail anyone of our bankers nor Local Government staff and civil servants who act in defiance of established laws to conspire with usurpers not provided for under any law in our land to rob our councils. Any financial documents or vouchers signed by or authorized by any person other than the legally elected Local Government Chairmen will be tantamount to fraud.

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It is no longer news that the Attorney General of the Federation, Mr Abubakar Malami, has called the attention of Oyo State Government and the Inspector General of Police, DSS, EFCC and NFIU to the subsisting Supreme Court judgment reinforcing Section 7 (1) of the 1999 Constitution (as amended) and pronounced as illegal and unconstitutional the dissolution of elected local council administration by State Governors or State Assemblies in Nigeria with no court order to back it up. You will also recall that the Inspector General of Police has passed down the order to effect the legal opinion of the Attorney General of the Federation, AGF by ensuring safety of the legally elected Local Government Chairmen while resuming back to their various offices. Letters and legal documents to this effect are attached for your perusal.

We again reemphasize by way of warning NOT TO PARTAKE OR STOP PARTAKING IN THEIR CRIMES AGAINST THE STATE as the law does not excuse criminality by reason of ignorance or even duress, under these circumstances.

Now that we are fully back in our offices with the aid of security agencies, we urge and appeal to you to depart from the path of illegality being urged upon you, and be courageous to save yourselves from impending culpability if found wanting. This is an appeal, but make no mistake about it, the law will take its course against every infringement and criminality irrespective of who perpetrates it.

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We trust you will ponder over these truths, seek legal counsel from your personal attorneys to be properly guided, and ensure you are not sucked into the crucible Governor Makinde has heated up in our state.

YOU HAVE BEEN WARNED!!

Prince Ayodeji Abass-Aleshinloye
ALGON Chairman, Oyo State

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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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Nigerian Journalist Ojukwu Freed After 10 Days in Police Custody

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Nigerian Police authorities have released Daniel Ojukwu, the detained journalist with the Foundation for Investigative Journalism (FIJ).

Ojukwu, who went missing with his phone numbers switched off and whereabouts unknown to colleagues until it was found out he was detained by the police, regained his freedom on Friday.

“Daniel Ojukwu, the FIJ reporter who was abducted by men of the Intelligence Response Team (IRT) of the Inspector-General of Police, has regained freedom after 10 days in police captivity,” the FIJ wrote on its website about Ojukwu’s release.

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“Ojukwu went missing on Wednesday, May 1, his numbers switched off and his whereabouts unknown to colleagues, family and friends.”

He was detained for purportedly infringing upon the country’s Cybercrime Act, widely condemned as a means of censorship.

The journalist’s apprehension and subsequent relocation to Nigeria’s capital, Abuja, came after his coverage of suspected financial mismanagement totaling over N147 million ($104,600) implicating a senior government official, as reported by his employer.

A banner is displayed during a protest at the Force Headquarters in Abuja demanding the release of Daniel Ojukwu on May 9, 2024, Thursday. Credit: @BukkyShonibare

Following his arrest, friends, colleagues, and supporters rallied behind Ojukwu, demanding his release.

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I On Thursday, a coalition of media and civil society groups staged a protest at the Force Headquarters in Abuja, condemning his prolonged detention.

Addressing journalists, spokesperson Bukky Shonibare expressed concern over the escalating attacks on press freedom and the stifling of dissenting voices.

She emphasised that after nine days in detention, during which Ojukwu was allegedly arrested on the orders of the inspector general of police, the authorities were obligated to either press charges or release him unconditionally.

Upon Ojokwu’s release, an elated Bukky expressed gratitude on her social media handle, thanking Nigerians for their unwavering support.

“Daniel Ojukwu is free. Thank you, Nigerians,” she shared. “Thank you, everyone.”

 

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