Connect with us

THE NEWS

Breaking: EFCC raids ex-Lagos governor, Ambode’s residence

Published

on

Operatives of the Economic and Financial Crimes Commission (EFCC) have raided the residence of a former Governor of Lagos State, Mr. Akinwumi Ambode in connection with the ongoing probe of alleged N9.9billion fraud.

The EFCC team also stormed the home of the former Chief of Staff to the ex-governor.
Both mansions were searched in Epe.

The agency had earlier secured a court order to freeze three bank accounts containing a total of N9.9bn linked to the immediate past Governor of Lagos State, Akinwunmi Ambode.

The Acting Head of Media and Publicity of EFCC, Mr. Tony Orilade, said: ” Our men have been drafted to the residences of Ambode and his former Chief of Staff in Epe in respect of an investigation.

” They are there as I speak with you.”

Another source said: “The initial target of the operation in Epe was the former Chief of Staff. But following more clues on the spot, our operatives moved into Ambode’s residence.”

The EFCC said Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, ordered the freezing of the sum of N9.9bn belonging to the Lagos State Government.

It said: “The funds are domiciled variously in First City Monument Bank account number 5617984012; Access Bank account number 0060949275; and Zenith Bank account number 1011691254, respectively.

“Justice Chuka Obiozor gave the order, following an ex parte application filed by the Economic and Financial Crimes Commission.

“The EFCC had prayed the court to freeze the accounts pending the conclusion of investigations and possible prosecution of Adewale Adesanya, the Permanent Secretary in the Office of the Chief of Staff to former Governor Akinwunmi Ambode.”

“The Judge adjourned further proceedings to September 9, 2019.”

Source: The Nation

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

THE NEWS

OPAN disassociates self from online group called ‘OPMAN’

Published

on

The Online Publishers Association of Nigeria (OPAN) wishes to disassociate itself from the group known as Online Media Practitioners Association of Nigeria, which cleverly adopts the acronym ‘OPMAN’.

This statement serves as a notice to individuals or organizations having dealings with this group, ‘OPMAN’ as our lawyers engage the Corporate Affairs Commission to address this development, OPAN said in a statement adding that it has no affiliation whatsoever with the group.

OPAN President, Austyn Ogannah, said: “Our attention has been drawn to the existence of a group which adopted a name similar to ours and goes by an acronym that is closely identical to ours.

“For the record OPAN has no affiliation with this group or its promoter(s).

“The Online Publishers Association of Nigeria (OPAN), registered at the Corporate Affairs Commission (CAC) on 14th of November 2011, is the umbrella body for organisations and persons in the online/digital media space with a mandate to self regulate practitioners and promote responsible use of the new media in Nigeria.”

Continue Reading

THE NEWS

NITDA sets up team to investigate, protect Nigerians from data breach

Published

on

The National Information Technology Development Agency (NITDA), today inaugurated the NITDA Data Breach Investigation Team at the Agency’s Corporate Headquarters, Abuja. The effort was aimed at safeguarding the rights, privacy and data of citizens in the country.

The Director General of NITDA, Mr Kashifu Inuwa Abdullahi CCIE, while inaugurating the Team said thay, “ever since the Agency issued the Nigeria Data Protection Regulation (NDPR) on 25th January, 2019, there has been an unprecedented interest in the regulation as witnessed by the various engagements and inquiries about it”.

He further stated the objectives of the National Data Protection Regulations includes: Safeguarding the rights of citizens on data privacy; Fostering safe conduct in transactions involving the exchange of Personal Data; Enabling Nigerian businesses to be globally compliant & competitive to create jobs for eligible Nigerians.

Inuwa said that, “NITDA, as the IT sector regulator has a duty to ensure that the objectives of the regulations are being realised”. The highlight of the event was the inauguration of a 15-man committee that will investigate and checkmate any breach of the National Data Protection Regulations (NDPR).

Continue Reading

THE NEWS

Reps ask CBN to suspend cashless policy

Published

on

The house of representatives has asked the Central Bank of Nigeria (CBN) to halt the controversial cashless policy it recently re-introduced.

At plenary session on Thursday, the lower legislative chamber said the policy leads to significant decrease in credit extension by Nigerian money deposit banks.

The also said it has negative impacts on small and medium enterprises “which are clearly the engine room for growth of the economy.”

In a circular released on Tuesday, the CBN had directed all deposit money banks in the country to charge 3% processing fees for withdrawals and 2% for deposits of amounts above N500,000 for individual accounts.

Corporate account holders will be charged 5% processing fees for withdrawals and 3% for deposits of amounts above N3 million.

The directive was, however, criticised by some Nigerians for various reasons.

Continue Reading
Advertisement

Facebook

Advertisement
Advertisement

Trending