News
Court orders closure of two companies linked to $9.6bn P&ID scam
A federal high court in Abuja has ordered the closure of two companies linked to James Nolan, a British national, facing trial over his involvement in the Process and Industrial Developments Limited (P&ID) fraud.
In two separate judgments delivered on Wednesday, Donatus Okorowo, the presiding judge, held that the two companies were found guilty of the money laundering offences.
Consequently, Okorowo ordered that the companies be wound up and their assets be forfeited to the federal government.
The Economic and Financial Crimes Commission (EFCC) is prosecuting Trinity Biotech Nigeria Limited and Nolan in the case marked FHC/ABJ/CR/272/2022 as the first and second defendants.
In the sister case marked FHC/ABJ/CR/273/2022, the commission is also prosecuting Resorts Express Concept Nigeria Ltd. and Corrado Fantoli as the first and second defendants, respectively.
Fantoli, also a foreigner and an associate of Nolan, was one of the suspects behind the alleged $9.6 billion P&ID fraud.
The suspect said to be at large alongside the company, was arraigned in absentia on November 25, 2022, on an eight-count money laundering charge.
He was neither present in court nor represented by a lawyer when they were arraigned.
The court declared him wanted and ordered his arrest anywhere he was sighted after an application by the EFCC counsel, Bala Sanga.
Resorts Express Concept Nigeria Ltd. and Trinity Biotech Nigeria Limited are two of the over 30 companies associated with the $9.6 billion P&ID scam.
Meanwhile, Nolan is standing trial on different charges before different judges.
In September 2022, a federal high court in Abuja revoked his bail and issued a bench warrant for Nolan’s arrest after he failed to appear in court.
News
Fire guts LAUTECH teaching hospital
Property worth millions of naira were on Saturday destroyed at the Ladoke Akintola University Teaching Hospital in Ogbomoso, Oyo State, as a result of a fire incident.
The incident, which happened around 5 am in a paediatric consultant’s office, affected electronic gadgets, engines, books, office equipment, roofs, and others worth millions of naira.
A credible source told our correspondent that the fire incident was suspected to have started from an electric spark.
It was learnt that about 16 patients had to be quickly rushed out of the ward.
However, in a statement sent to PUNCH Online in Ibadan, the state capital, on Saturday, the Public Relations Officer of the institution, Ogunleye Omotayo, said no life was lost in the fire incident.
The statement read, “The management of the institution wishes to state that the fire incident that occurred early this morning (Saturday), as carried by some news media, was put out without any remarkable damage to the hospital.
“Noting that no human damage was recorded in the incident, the management wishes to state that Investigation is still ongoing with regard to the cause of the incident.
“At the moment, light has been restored, and work activities have resumed in the section where the fire incident took place.
“The management wishes to thank all staff, the state Fire Service, and all other well-wishers for their concerns and prompt response. The fire incident raised no cause for alarm. Everyone is advised to go about their normal daily activities without fear.”
News
Nothing wrong having a Christian as Alaafin of Oyo, says Oladigbolu
Rahman Oladigbolu, a Nigerian filmmaker, says he sees no reason why the Alaafin of Oyo cannot be a Christian.
Two years ago, Lamidi Adeyemi, Alaafin of Oyo, died at the Afe Babalola Teaching Hospital, Ado Ekiti, after battling an undisclosed illness.
He was 83 years old and had been on the throne for 52 years — the longest-reigning Nigerian monarch at the time.
Since his death, the throne has been vacant.
Speaking in an interview with Rudolf Okonkwo, Oladigbolu, a prince in the Oyo kingdom, said religion should not be a factor in the selection of the next Alaafin.
“In Oyo, where I came from, we are trying to select a new king. It has been the tradition for some decades that the Alaafin of Oyo will be a Muslim,” he said.
“Now, we have some Christians among the people vying for the position, and there are discussions about whether Oyo can have a Christian Oba. Of course, if you can have a Muslim Alaafin, I see no reason you can’t have a Christian Alaafin.
“The whole point should be to ensure that people would not be talking about religion in issues like this, but it is difficult because of the agenda of people wanting to impose their religion on others.
“So these are where all the problems still lie, and until we’re able to understand it, I don’t see how we can move forward.”
Oladigbolu said education and enlightenment are necessary to solve division caused by religion.
“It is only enlightenment that can carry people to the point where religious considerations no longer matter in societal affairs,” he said.
“When people are enlightened to the point where it doesn’t, then it won’t.
“But today, they still see each other from their religious prism because even the behavior of people that occupy positions in society gets influenced by religion.”
News
Tinubu writes senate, seeks Oluyede’s confirmation as COAS
President Bola Tinubu has sent a letter to the senate seeking confirmation of Olufemi Olatubosun Oluyede’s appointment as the substantive chief of army staff (COAS).
Bayo Onanuga, the presidential spokesperson, said Tinubu seeks Oluyede’s confirmation in accordance with the provision of section 218(2) of the 1999 Constitution as amended and section 18(1) of the Armed Forces Act.
On October 30, Tinubu appointed Oluyede as the acting COAS following the prolonged illness of the late Taoreed Lagbaja, the former army chief.
On November 5, Lagbaja died of an undisclosed illness.
Onanuga said Tinubu is “confident about the leadership qualities, professional integrity, and experience” of Oluyede for the leadership of the army.
Before his appointment, Oluyede served as the 56th commander of the infantry corps of the Nigerian Army, Kaduna.
He was commissioned a second lieutenant in 1992 and rose to the position of major general in September 2020.
Oluyede and Lagbaja were coursemates and members of the 39th regular course.
Recently, Oluyede was promoted to the rank of lieutenant-general.
He has participated in several operations, including the Economic Community of West African States Monitoring Group (ECOMOG) mission in Liberia, operation Harmony IV in Bakassi, and operation Hadin Kai in the north-east theatre of operations.
He was also the commander of the 27 task force brigade.
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