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Three serving governors are under our watch over stashed cash, says EFCC boss

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Three serving state governors are under monitoring over moves to launder cash through table payment of salaries to workers, the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa has disclosed.

Although the EFCC boss did not reveal the identities of the three governors.

But, in an interview with Daily Trust, Bawa said two of them were from the North, while the third one was from the southern part of the country.

He added that intelligence at the agency’s disposal revealed that the three governors had concluded plans to inject the money into the system through table payment of their state workers’ salaries.

Bawa said, “Let me tell you something; the Intel that I have yesterday and I would want you to take this thing very seriously. Already, some state governors have some of this cash stashed in various houses and the rest are now trying to pay salaries in cash in their state,” he told Daily Trust.

Asked whether the commission would summon the said governors, Bawa simply said they were closely monitoring them.

He said, “I don’t know how they want to achieve that but we have to stop them from doing that. Well, we are working, they have not paid the salaries in cash yet but it is a very serious thing,” he said, noting that the act was against section 2 of the Money Laundering Prohibition Act.

“The law is very clear regarding cash transactions. Anybody that is to consummate any cash transaction as an individual, if it is not through a financial institution, must not be above N5m and if it is above that it is criminal for you to engage in such transaction. And for corporate entities, it is N10m.

“Yes, I agree the salaries are not up to that but why are you all of a sudden, and all along you have been paying people salaries through their bank accounts and now you want to pay them in cash, what are you trying to do? They will come under a lot of guises, they are trying to do verification of officers, that is what we have gotten,” Bawa said.

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Nigeria Air: EFCC vows to arraign Sirika over alleged contract fraud

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The Economic and Financial Crimes Commission (EFCC) says it will prosecute a former Minister of Aviation, Hadi Sirika, over alleged money laundering, contract fraud in the ministry and Nigeria Air debacle.  

The EFCC Spokesperson, Dele Oyewale, disclosed this on Wednesday in a phone conversation with Nairametrics. 

When asked if the anti-graft plans prosecuting the former minister, he responded in the affirmative. 

He (Sirika) is going to be charged to court, but it may not be able to be either now or…but definitely, he is going to be sued. He may be arraigned very very soon. That is the information I’ve got,” he said. 

Sirika served under former president Muhammadu Buhari as Minister of Aviation. 

Another source familiar with developments within the commission but chose not to be named also told Nairametrics that the anti-graft agency’s ongoing probe would lead to prosecution. 

“The EFCC is planning to prosecute him, but I don’t know the details except that he was arrested,” the source said. 

Several media outlets claim the ex-minister is being interrogated over alleged contract scam under his purview and knowledge. 

A reliable source said the arrest is also linked to the botched Nigeria Air. Minister of Aviation and Aerospace Development, Festus Keyamo, had cancelled the Nigeria Air deal on August 31, 2023. He had revealed on January 31, 2024, that “the whole composition and totality of the deal is merely Ethiopian Air flying the Nigerian flag.” He also admitted that the EFCC was investigating the whole deal. 

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FAAN reopens Lagos airport runway after Dana Air incident

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The Federal Airports Authority of Nigeria has announced the reopening of Runway 18L/36R at Murtala Muhammed Airport in Lagos, following a temporary closure caused by a Dana Air plane skidding off the runway on Tuesday

This was disclosed in a press release signed by the Director of Public Affairs and Consumer Protection, FAAN, Obiageli Orah, on Wednesday.

The statement read, “The Federal Airports Authority of Nigeria is pleased to notify the public and all stakeholders that Runway 18L/36R was reopened for flight operations at 19:58hrs.

“This development follows the earlier closure of the runway this morning due to an incident involving a Dana Air aircraft, with registration number 5N-BKI, which overshot the runway during its landing sequence.

“Prompt actions were taken by our emergency response team to evacuate and recover the aircraft from the site. Subsequently, comprehensive clearing operations were conducted to ensure the runway was free of any Foreign Object Debris that could impede flight safety, Orah added.

According to the statement, the FAAN Operations Division and the Nigerian Airspace Management Agency have jointly inspected the runway surface and deemed it safe for the resumption of operations.

“A concerted effort was made for the thorough and efficient cleaning of the area to facilitate the swift resumption of operations on Runway 18L/36R,” she said.

Orah apologised for any inconvenience caused, stating, “Ensuring the safety and security of our passengers, staff, and airport operations remains our top priority.

“FAAN is committed to providing a safe, secure, and efficient air transport environment for all users of our airports.

“FAAN wishes to express its gratitude to the travelling public, our airline partners, and all stakeholders for their patience, understanding, and cooperation during the temporary closure. We sincerely apologise for any inconvenience this incident may have caused,” the statement read.

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‘He printed N684.5m notes with N18.9bn’ — EFCC to arraign Emefiele on fresh charge

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The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN).

In the four-count charge, the anti-graft agency accused Emefiele of approving the printing of N684,590,000 notes at the rate of N18.96 billion.

EFCC alleged that Emefiele broke the law with intent to harm the public during his implementation of the naira swap policy under the administration of former President Muhammadu Buhari.

The agency also accused the former CBN governor of unlawfully approving the withdrawal of N124.8 billion from the consolidated revenue fund of the federation.

Emefiele will be arraigned on these counts before Maryann Anenih, judge of a federal capital territory (FCT) high court, on April 30.

This would be the third criminal case pending against Emefiele.

On November 17, 2023, Emefiele was arraigned before Hamza Muazu, a judge of the federal capital territory (FCT) high court, on a six-count charge of procurement fraud, to which he pleaded not guilty.

The charge has since been amended to 20 counts bordering on alleged criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony.

On April 8, the EFCC also arraigned the former CBN governor, alongside one Henry Omoile, an official of the apex bank, before Rahman Oshodi of the special offences court sitting in Ikeja, Lagos over an alleged $4.5billion and N2.8 billion fraud.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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