Friday, 4 December 2015

Ex-Finance Commissioner Jailed 10 Years For Corruption

Ex-Finance Commissioner Jailed 10 Years For Corruption

Erstwhile Commissioner for Finance and Local Government/ Chieftaincy Affairs in Adamawa State, Mr John Elias has been sentenced to 10 years imprisonment without an option of fine. The sentence was pronounced on Friday by Justice Bilkisu Bello Aliyu of the Federal High Court, Yola. The judge on Friday also ordered the Corporate Affairs Commission to wind down the convict's company, Alhakim Nigeria Ltd. Elias is also to refund the sum of N51.5 million which he stole from the state government while  in office. Justice Aliyu said that she hoped...
Night Fire Razes 65 Shops In Kano Market

Night Fire Razes 65 Shops In Kano Market

An inferno which broke out in the furniture segment of Sabon Gari market, Kano on Thursday night destroyed about 65 shops. According to the Director of Kano State Fire Service, Alhaji Balarabe Kabara, the fire outbreak which happened around 8:30 p.m. affected both permanent and temporary structures. Kabara told NAN that the fire incident was caused by negligence. “The main cause of the inferno is negligence because people are in the habit of playing with fire, especially now that it is harmattan period,” he said. He advised the people to avoid...
EFCC seizes three buildings, bank accounts traced to former Director.

EFCC seizes three buildings, bank accounts traced to former Director.

The EFCC has frozen three bank accounts allegedly belonging to erstwhile Finance Director in the Office of the National Security Adviser, ONSA, Mr Shuaibu Salisu. The anti graft agency also invoked the Interim Assets Forfeiture clause in its Establishment Act to seize three duplexes, valued at N810million in Lake View Estate in Jabi, Abuja, which were allegedly traced to Mr Salisu. The EFCC took the actions in furtherance of its current investigation into the $2b phantom arms contracts. According to the anti graft agency, Salisu “diverted government...
EFCC demands evidence of N2.1b contract from Dokpesi

EFCC demands evidence of N2.1b contract from Dokpesi

Following his confession that he received N2.1b from the office of the National Security Adviser for the purpose of publicity, the founding Chairman of Daar Communications Plc, Chief Raymond Dokpesi has been asked by the EFCC to produce evidence of the contract. ". . . Dokpesi admitted collecting N2.1billion for publicity. We have asked him to produce evidence of award of the contract, the terms of the contract, the schedule of execution and how the contract was related to arms purchase. “The media owner also gave some evidence and we have to...
EFCC Sweats Over Dokpesi's Riddle

EFCC Sweats Over Dokpesi's Riddle

The Economic and Financial Crimes Commission, EFCC has been busy trying to solve a riddle handed them by the founding Chairman of Daar Communications Plc, Chief Raymond Dokpesi. Dokpesi had told EFCC during interrogations that he was “embedded in various organizations.” An EFCC source who confirmed this said that the agency is now trying to unravel the circumstances surrounding organizations' involvement with the N2.1b arms money collected by the media chief. “In making up his defence, Dokpesi told interrogators that he was embedded in some...

Thursday, 3 December 2015

Retired Airforce Chief Quizzed Over N600m Arms Deal

Retired Airforce Chief Quizzed Over N600m Arms Deal

A former Chairman of the Presidential Implementation Committee on Marine Safety, Air Vice Marshal Salihu Atawodi (retd.), was on Thursday quizzed by the Economic and Financial Crimes Commission, EFCC over an alleged N600m arms scam. An EFCC source said that the agency invited Atawodi to answer questions on allegations of conspiracy, abuse of office and misappropriation of public funds. Atawodi allegedly awarded a contract of N600m to one Alhaji Rabiu’s Hypertech Nigeria Limited for the procurement of military boats, which were paid for but not...
MTN Nigeria's Fine Reduced To $3.4b As CEO Quits

MTN Nigeria's Fine Reduced To $3.4b As CEO Quits

The MTN Group on Thursday announced the receipt of a  letter from the Nigerian Communications Commission, NCC confirming the reduction of the N1.04tn ($5.2bn) fine imposed on its Nigerian subsidiary to N674bn ($3.4bn). The letter, dated 2 December 2015, was in response to MTN’s earlier request for a reduction in the fine which was imposed by the NCC for the telecommunications company's failure to disconnect 5.1 million unregistered SIM cards. The reduced fine must be paid by 31 December 2015. As a fallout of the huge fine, the Chief Executive...

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