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Court freezes Kogi State Govt’s Bank Account over N20billion Salary Loan Fraud

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Governor Yahaya Bello of Kogi State

 

A Federal High Court in Lagos on Tuesday froze a Kogi salary bailout account domiciled in a new generation bank over a N20 billion loan obtained from the bank.

Justice Tijjani Garba Ringim made the order pending the conclusion of an investigation or possible prosecution by the Economic and Financial Crimes Commission (EFCC).

The agency approached the court via an ex-parte application brought pursuant to Section 44(2) of the Constitution and Section 34(1) of the EFCC Act.

Its counsel, Mr A. O. Muhammed, informed the court that the order was necessary to preserve the res and abate further dissipation of the funds in the account.

Moving the application, Muhammed alleged that the N20b loan was meant to augment the salary payment and running cost of the state government but was kept in an interest yielding account with the bank.

He added that instead of using the money for the purpose it was meant for, the Kogi State Government instructed the bank to transfer the money from the loan account and place same in a fixed deposit account.

According to the agency, the bank is yet to present any credible evidence to show that the facility is well secured.

Granting the application, Justice Ringim ordered the EFCC to publish the order in a national newspaper and make a quarterly report to the court on the progress of its investigation.

The judge adjourned the matter till December 1, for the report of Investigation.

The EFCC’s allegations were made in its 13-paragraph affidavit in support of the ex-parte motion deposed to by a member of a team of investigators attached to the Chairman Monitoring Unit Lagos of the EFCC.

The document averred that the Commission received credible and direct intelligence which led to the tracing of funds reasonably suspected to be proceeds of unlawful activities warehoused in the account with the name Kogi State Salary Bailout Account

He said the Commission acted on the said intelligence and assigned same to the Chairman Monitoring Unit, where it was discovered that on April 1, 2019, the management approved an offer of an N20billion bailout loan facility for the Kogi State Government.

According to the deponent, on June 19, 2019, fiscal year, the Kogi State Government, Ministry of Finance and Economic Development, Office of the Commissioner, applied for a credit facility of N20billion with an interest rate of nine per cent for a tenure of 240 months from the bank”.

The agency added that the said facility was meant to augment the salary payment and running cost of the state government.

It stated further that on June 26, 2019, the credit facility offer was accepted vide a memorandum of acceptance signed by Governor Alhaji Yahaya Bello, Asiwaju Idris Asiru, the Commissioner of Finance Kogi State; and one Alhaji Momoh Jibrin, Accountant General, Kogi State.

It averred that before the said application for a loan, the Kogi State Government on the 19th June 2019 vide a letter to the Manager of the bank in Lokoja applied for an account opening in the Bank with the name Kogi State Salary Bailout Account with Alhaji Momoh Jubril, Accountant General of the State and Elijah Evinemi Ag. Director Treasury as the signatories to the said account.

“That upon the opening of the said account disbursed salary intervention loan to the tune of N20billion to the account.

“That rather than use the intervention funds for the purpose for which it was granted, the State Government proceeded to open a fixed deposit account No. 0073572696.

“That on the 25 day of July 2019, the bank acting on the instruction of the Kogi State Government transferred the money from the loan account and placed same on the aforementioned fixed deposit account.

“That the said account sought to be frozen received the sum of twenty billion naira, (N20, 000,000,000) on the 25th July 2019.

“That as of 1st day of April 2021 the balance standing to the credit of the said fixed deposit account was N19,333,333,333.36 billion

“That we are still tracing what the sum of N666,666,666.64 billion, has been deducted from the said funds and were not used for the payment of the salary.

“That the Commission has the statutory mandate to prevent the Commission of economic and financial Crimes with the shores of the Federal Republic of Nigeria.

“That investigation in this matter is still ongoing and this application is pertinent to secure the funds in the said account to prevent them from being totally dissipated.

“That without freezing the nominated accounts, there is no better way of preserving

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Labour Of Our Heroes Won’t Go In Vain,’ Govs Celebrate Armed Forces Remembrance Day

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Governors across states of the Federation have joined in the celebration of 2022 Armed Forces Remembrance Day.

The Federal Government had earlier ordered the closure of parts of the roads accessing the arcade of the federal secretariat complexes and the Ministry of Foreign Affairs in Abuja to mark the event in the Federal Capital Territory.

In the South-West, Oyo State Governor Seyi Makinde at the event held on Saturday at the Remembrance Arcade, Government House, Agodi, Ibadan, promised to keep encouraging and working closely with members of the armed forces and the survivors of the fallen heroes

He commended the officers and men of the security agencies for their efforts in battling insecurity in the state, urging them to continue to do their best to ensure that peace reigns in the state and the country at large.

Governor Seyi Makinde

“For Nigerians, some people made sacrifices for us to be where we are right now and also paid the ultimate price.

“So, I believe we should not allow their toil to go in vain,” the governor said.


In Abeokuta, the Ogun state capital, it was a solemn moment as the state governor, Dapo Abiodun joined other dignitaries which include the heads of security agencies, traditional rulers to lay the wreath in remembrance of the Nation’s fallen heroes at the arcade ground in the state capital.

The 21-gun salute was also shot in memory of the fallen heroes and the supreme price they had paid for the unity and peace of the country.

Governor Dapo Abiodun

 

The governor who also inspected the parades and the colour party called on Nigerians to sustain the quest for unity, peace and progress of the country, for socio-economic development and progress.


In the Eastern region, Ebonyi State Governor David Umahi led other members of the state executive council to the event held at the Unity Square in the state capital.

Security Agencies represented at the event include the Nigerian Army; the Nigeria Police Force; the Nigeria Security and Civil Defence Corps (NSCDC); the National Drug Law Enforcement Agency (NDLEA); and the Nigeria Immigration.

Governor David Umahi

The Nigerian Legion Ebonyi State chapter at the event called on both the state and Federal Government to make available enhanced welfare packages as well as provision of job opportunities to the children of servicemen and women who have paid the supreme price defending the country.


Also in Imo State, resident joined their counterparts in other parts of the country to mark the Armed Forces Remembrance Day celebration.

The event which took place at the Ndubuisi Kanu square in Owerri, the Imo state capital, witnessed match past by the armed forces and security operatives as well as the presence of top government functionaries in Imo State.

Governor Hope Uzodimma

Delivering his speech, Governor Hope Uzodimma asked Nigerians to take the opportunity of the Armed Forces Remembrance Day celebration to reflect more on the meaning and importance of sacrifice as it affects the interest of the Nation.

He described the military as the noblest and patriotic profession.

In the South-South, Delta State Governor Ifeanyi Okowa represented by his deputy Kingsley Otuaro led top military and para-military officers to lay wreaths at the statue of the unknown soldier.

The event was held at the cenotaph where the governor inspected the guard of honour mounted by the Nigerian Army, Navy, Airforce and members of the Nigerian Legion.

Governor Ifeanyi Okowa

 

A minute silence was observed while a 21-gun salute was taken in honour of the departed heroes.

Some widows of the fallen heroes also used the opportunity to ask the Federal and State Government to look into their plight and provide support for them to be able to fend for themselves and their families.

Edo State Governor, Godwin Obaseki in his address held in Benin, the state capital said unguarded talks about Nigeria’s unity will cost lives and the efforts of fallen heroes would have been in vain.

Governor Godwin Obaseki

 

He also disclosed plans to include wives of the fallen heroes in the state’s welfare programmes, adding that some of the legionnaires have already been integrated into the security architecture of the state.


In Akwa Ibom State, Governor Udom Emmanuel called on Nigerians to embrace dialogue in resolving thorny issues in the country.

Governor Udom Emmanuel

 

The governor said most of the circumstances that caused bloodshed in the country’s history would have been settled peacefully if the key players embraced dialogue and peaceful resolution of conflicts.

In Kwara State, Governor Abdulrahman Abdulrazaq urged Nigerians to continue to provide information to the military in order to end the insecurity in the country while also urging the country to appreciate the sacrifices being made to keep the country together.

He also commended the efforts of the Federal Government in enhancing their welfare.


Meanwhile, Sokoto State Governor Aminu Tambuwal appealed to the Federal Government to sustain the payment of pension and gratuity to retired military personnel.

While laying a wreath at the 2022 Armed Forces Remembrance Day celebration in Sokoto, he said this will enable the retired personnel to live well and take care of their needs and it will also serve as an encouragement to the serving personnel to do more in the service of the nation.

He said their services in unquantifiable in ensuring the unity of the nation by laying their lives for the service of the nation.

However, Katsina State Government restated commitment to restore peace and normalcy in the state with several strategies, approaches and mechanisms been introduced by the state to eradicate terrorism in the state.

Governor Aminu Masari during the 2022 Armed Forces Remembrance Day celebration held at the Katsina Peoples’ Square said the relative peace currently being enjoined in the state is due to the dedication, competence and discipline of the troops and other sister security agencies.

He commended the army for the untiring sacrifice towards securing the lives and property of Katsina citizens.


In Niger State, Governor Abubakar Bello said the security agencies should remain resolute to end the security challenges in the country.

Bello disclosed this at the 2022 Nigeria Armed Forces Remembrance Day Celebration held at the Permanent Cenotaph, Minna.

He also commended the efforts of the Federal Government in enhancing their welfare.


Meanwhile, Sokoto State Governor Aminu Tambuwal appealed to the Federal Government to sustain the payment of pension and gratuity to retired military personnel.

While laying a wreath at the 2022 Armed Forces Remembrance Day celebration in Sokoto, he said this will enable the retired personnel to live well and take care of their needs and it will also serve as an encouragement to the serving personnel to do more in the service of the nation.

He said their services in unquantifiable in ensuring the unity of the nation by laying their lives for the service of the nation.

However, Katsina State Government restated commitment to restore peace and normalcy in the state with several strategies, approaches and mechanisms been introduced by the state to eradicate terrorism in the state.

Governor Aminu Masari during the 2022 Armed Forces Remembrance Day celebration held at the Katsina Peoples’ Square said the relative peace currently being enjoined in the state is due to the dedication, competence and discipline of the troops and other sister security agencies.

He commended the army for the untiring sacrifice towards securing the lives and property of Katsina citizens.


In Niger State, Governor Abubakar Bello said the security agencies should remain resolute to end the security challenges in the country.

Bello disclosed this at the 2022 Nigeria Armed Forces Remembrance Day Celebration held at the Permanent Cenotaph, Minna.

He commended the men of Nigeria Armed Forces and other security agencies for protecting the lives of the people especially in dealing with insurgency and criminal elements, urging them not to relent.

The governor urged them to continue to protect the integrity of the nation, promising the support of the state government towards ending the insecurity.

“My call is on the military to remain resolute. Today is a special day where we come to remember our fallen heroes that have lost their lives in wars and in the course of their assignments”, he said.

Highlights of the event were the release of pigeons as a symbol of peace, exchange of pleasantries with the widows of the fallen heroes and members of the legions as well as the inspection of the guard of honour by the Governor.

Taraba State Governor Darius Ishaku in his address urged the Nigeria Army to sustain the momentum against insecurity and ensure that peace reigns across the country.

He said his administration will not relent in supporting the military and other security agencies to ensure that criminal elements are wiped out of the state, as well as avert the recurring herders, farmers clashes and communal crisis.

The governor, who was was represented by his Deputy Haruna Manu assured of prioritising the needs of ex-servicemen and fallen heroes families.

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Former Oyo State Governor, Alao-Akala Passes On

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Otunba Adebayo Christopher Alao-Akala, a former Governor of Oyo State, is dead.

Details of his death are sketchy but sources close to the politician confirmed the tragic incident to SunriseNigeria.

The politician, who had been battling terminal ailment for a while, died in his Ogbomoso country home, on Wednesday morning, according to sources.

A top source in the All Progressives Congress (APC) who confirmed his death to Daily Trust on Wednesday morning, said he died in his room.

“It is true that Oga is dead. He died in the early hours of Wednesday in his room in Ogbomoso. He was full of life last night. In fact, I head he was playing with his children before he went to bed. We are in a mourning mood now,” he said.

Akala was the governor of the state between 2007 and 2011.

Born on June 3, 1950, at Ogbomoso in the Ogbomoso North Local Government Area of Oyo State, Alao-Akala had his elementary school at Osupa Baptist Day School, Ogbomoso before proceeding to Kamina Barracks Middle School, 5th Battalion of Infantry in Tamale, Ghana.

This is the third known death of a prominent Ogbomosho native in a month.

On December 12, 2021, Oba Oladunni Oyewumi, the Soun of Ogbomoso, passed on.

On January 8, 2022, Prof Taibat Danmole, his daughter who was a lecturer at the Lagos State University (LASU), also died.

The deceased, who was a professor of education was married to another university don, Prof. Hakeem Danmole, who is the Dean College of Humanities and Social Sciences at the Al-Hikmah University, Ilorin

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Former Nigerian Leader, Ernest Shonekan Dies, Aged 85

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Ernest Shonekan

Chief Ernest Shonekan who headed the Interim National Government that succeeded the junta of General Ibrahim Babangida, has died.Shonekan died in Lagos at the age of 85.

He was the interim head of the Nigerian Government between August 26 and November 17 1993 when he was ousted in a coup led by late General Sani Abacha.

 

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