EXCLUSIVE: Petition Against Tinubu “Lying Fallow” In Our Office

EXCLUSIVE: Petition Against Tinubu “Lying Fallow” In Our Office –EFCC Source

A petition to the Economic and Financial Crimes Commission to investigate two bullion vans allegedly stashed with cash driving into the residence of the National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, at Burdillion, Ikoyi, Lagos, on the eve of the February 2019 presidential election, is currently “lying fallow” at the office of the anti-graft agency, a reliable source in the commission has told SaharaReporters.

The source, who disclosed that the petition is “just hanging somewhere”, added that there is no effort or desire by the leadership of the commission to consider the petition for its merit or lack of it at the moment.

Rights activist, Deji Adeyanju, had filed a formal petition demanding an investigation into the bullion vans in Tinubu’s house following claims by the commission that it could not act without a formal petition over the issue.

Adeyanju’s petition dated October 25, 2019, was addressed to the Acting Chairman of the anti-graft agency, Ibrahim Magu. See Also Sahara Reporters Tinubu's Bullion Van: EFCC Requests Petitions Following Call To Investigate Buhari's Ally 0 Comments 1 Week Ago

In the petition, he had reminded the commission of ‪Section 7 (1) (b) of the EFCC Establishment Act, 2004, which empowered it to investigate properties of any person whose lifestyle and extent of the properties are not justified by his source of income.

Adeyanju urged the anti-graft agency to accord the petition priority and begin an investigation into the appearance of those bullion vans in Tinubu’s house on the eve of the election.

But five days after the petition was received by the EFCC, SaharaReporters has now learnt that the commission has no interest in pursuing the investigation. See Also Sahara Reporters Deji Adeyanju Files Petition Against Tinubu Over Bullion Vans Allegedly Stashed With Cash 0 Comments 5 Days Ago

The source said, “There is a petition but it is just somewhere lying fallow. Maybe tomorrow it will be picked up but right now, there is nothing on it.”

Tinubu had moments after the bullion vans were seen entering his house told journalists that he can spend his wealth as he pleases, adding that he could dole out cash if he wanted to so long as it was not for vote inducement.

The All Progressives Congress had also dismissed the petition, demanding evidence to prove that the money was meant to induce voters.

The APC said, “Let them come up with the proof. The man is a private citizen and he has been out of government for the past 12 years.

“If he has decided to spend his money on his party, how is that a problem? Let them come up with a proof that somebody’s money is missing.”

The Money Laundering (Prohibition) Act (2003) law of Nigeria does not quite agree with the argument of the APC, however.

Section 1 (a) of the act clearly states that a private citizen can only have a maximum N5m at hand.

Following its failure to enforce this law against the high and mighty in the society, many Nigerians have accused the EFCC of selective prosecution.

Corruption Politics Exclusive News AddThis : Original Author : SaharaReporters, New York Disable advertisements :

from All Content
via

Nigerian Academy Of Science Inducts First Female President

The Nigerian Academy of Science has inducted a professor of Parasitology/Epidemiology, Ekanem Ikpi Braide, as its 19th President on Thursday. In a statement issued by Oladoyin Odubanjo, the Executive Secretary of the Academy, Braide is the Academy’s first female President in 44 years of existence. It read, “Braide was a member of the national committee that achieved the laudable feat of guinea worm eradication in Nigeria. “She has a rich professional experience as a researcher and an administrator. In July 2010, Professor Braide was honoured by the President of Nigeria with the award of Officer of the Order of the Federal Republic (OFR) for her contribution to disease control in Nigeria. “She was nominated by the Honourable Minister of Health to serve in the Ministerial Expert Advisory Committee on COVID-19 Health Sector Response (MEACoC-HSR). “Professor Braide served as Vice-Chancellor, Cross River University of Technology (CRUTECH) Calabar, Nigeria (2004 to 2009) and as P

NLNG Signs Letter Of Intent On Delayed Gas Expansion Project

The Nigerian Natural Liquefied Gas LTD has signed a letter of intent for the engineering, procurement and construction of its long held up Train Seven project. In a statement released by the company on Wednesday, it said that the $10bn project will be executed by a consortium of Italian firm Saipem, Japan’s Chiyoda and South Korea’s Daewoo. The statement reads, “The project will form part of the investment of over $10bn including the upstream scope of the LNG value chain, thereby boosting the much needed Foreign Direct Investment profile of Nigeria.” Managing Director of NLNG, Tony Atta, said in 2018 that the Final Investment Decision would be made in the fourth quarter of that year. This did not however, materialize. According to the release, the project will have a four to five-year execution time after the signing of the FID. The project is expected to add an extra 8 million tons per annum of gas to the 22 mtpa currently exported by the company. Oil News AddThis :

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja. Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi

EDUPEDIA247

Search This Blog