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Pressure on 16 PDP NWC members to return controversial N450m ‘house allowance’

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The crisis in the National Working Committee of the Peoples Democratic Party took a fresh twist on Friday, as 16 other members who had yet to refund the controversial housing allowance to the party were under intense pressure to do so.

This, according to findings, is to pit the NWC members against the party’s National Chairman, Iyorchia Ayu, whom some party members, led by Rivers State Governor, Nyesom Wike, asked to resign in order for peace to reign in the party.

A credible source in the party disclosed that “there is a tendency for most of them to return the money. Some are waiting for the national chairman to return before making a decision.”

Recall that, on Frida, that six NWC members, including the Deputy National Chairman (South), Taofeek Arapaja; National Woman Leader, Prof Stella Effah-Attoe; National Vice Chairman (South-South), Chief Dan Orbih, and three others returned what was termed housing allowance into the party’s coffers.

This came after Ayu was accused by the Rivers State governor of inducing NWC members with huge sums of money in a bid to conceal his alleged financial recklessness.

While Arapaja returned N36m, the five others returned the sum of N28.8m each with letters addressed to Ayu, giving reasons for their decision to reject the allowance.

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The 21-member NWC includes the Deputy National Chairman (North), Umar Damagun; National Secretary, Samuel Anyanwu; Deputy National Secretary, Setoji Kosheodo; National Treasurer, Ahmed Mohammed; and the Deputy National Treasurer, Ndubisi David.

Others are the National Organising Secretary, Umar Bature; Deputy National Organising Secretary, Ighoyota Amori; National Financial Secretary, Daniel Woyegikuro; Deputy National Financial Secretary, Adamu Kamale; National Publicity Secretary, Debo Ologunagba; and Deputy National Publicity Secretary, Ibrahim Abdullahi.

The list also includes the Deputy National Women’s Leader, Hajara Wanka; National Youth Leader, Muhammed Suleiman; Deputy National Youth Leader, Timothy Osadolor; National Legal Adviser, Kamaldeen Ajibade; Deputy National Legal Adviser, Okechukwu Osuoha; National Auditor, Okechuckwu Daniel; and Deputy National Auditor, Abdulrahman Mohammed.

‘Allowance legitimate’
Meanwhile, Osadolor has taken a swipe at his colleagues, who returned various amounts of money to the party, accusing them of playing politics with the controversial housing allowance.

Osadolor, who is the party’s deputy National Youth Leader, said it was unfortunate that those who pressured Ayu to approve the allowance were the same people feigning morality.

He said, “It was a housing allowance for the NWC members and it is unfortunate that those who are now playing politics of malice with their housing allowance were even those who pressured Ayu into signing and approving such an allowance for them.

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“They have been on the man for the past three months to approve the housing allowance for them – that it is their entitlement. The man has been stalling and saying, ‘We have major work at hand’.

“They had been on him saying they all came from different parts of the country and that they had yet to get a befitting accommodation matching their national status and all of that.”

He said part of their argument was that since it was part of the establishment code and manual of the party, they were entitled to housing allowance because they were working for the party.

“The chairman succumbed and followed due process. They all sat down on the NWC table, took minutes of it, voted and signed. Coming to the public now to play to the gallery for what they partook in is nothing but a wicked act and an act of mischief,” Osadolor added.

The youth leader said he would not allow himself to be used by forces bent on destroying the party and its chances of winning the 2023 elections.

He added, “I will never be under any form of pressure to be used by evil spirits, because whatever is pushing these people now is not pushing them in the right direction.

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“It is not a good spirit that is pushing them and wherever it is pushing them, I can only wish and pray to God Almighty that they find their way back to redemption, because what they have just done is to mark themselves out as not only saboteurs, but as people who are not credible and lack integrity.

“If they had integrity, they wouldn’t be doing this, because this is something that they requested, demanded over three months, pressurised the man (Ayu) and made him look like a bad person and eventually got approval. They are now using it to play politics because one man is pressing their remote button from Port Harcourt. It is laughable, painful and unfortunate.”

Also speaking, the National Publicity Secretary of the party, Debo Ologunagba, said the money paid to the members of the NWC was legal, noting that there were records to back up the payment.

“No need to argue over the payment. It is legal. There are records at the party’s secretariat to back up the payment,” he said on Friday.

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UPDATED: Act of blackmail — FG says no official demanded $150m bribe from Binance

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The Federal Government has accused Binance of blackmail after the company alleged officials demanded $150 million in cryptocurrency payments as a bribe to settle the prosecution of its executives in Nigeria.

 

On Tuesday, Richard Teng, Binance’s chief executive officer (CEO), said some unknown persons in Nigeria demanded huge payments in digital currency to make their problems in the country “go away”.

 

Teng’s allegation followed the detention of Nadeem Anjarwalla, Binance’s regional manager for Africa, and Tigran Gambaryan, the company’s head of financial crime compliance, in Nigeria, on February 28.

 

The two executives were detained as part of a probe bordering on Binance’s illegal operations in Nigeria and foreign exchange rate manipulations.

 

While criminal charges have been against Binance and Gambaryan, Anjarwalla fled detention on March 22.

However, Anjarwalla was reportedly arrested by the Police Service in April and the International Criminal Police Organisation (Interpol) is working towards extraditing him to Nigeria.

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In a statement by Rabiu Ibrahim, special assistant to the minister of information and national orientation, the government said the allegation by Binance is an attempt by the cryptocurrency exchange to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations.

 

“In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company,” the ministry said.

 

“This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria.

 

“The facts of this matter remain that Binance is being investigated in Nigeria for allowing its platform to be used for money laundering, terrorism financing, and foreign exchange manipulation through illegal trading.

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“While this lawful investigation was going on, an executive of Binance, who was in court-sanctioned protective custody, escaped from Nigeria, and he is now a fugitive from the law. Working with the security agencies in Nigeria, Interpol is currently executing an international arrest warrant on the said fugitive.”

 

BRIBERY ALLEGATION PART OF ORCHESTRATED INTERNATIONAL CAMPAIGN

The ministry said the bribery allegation is part of an orchestrated international campaign by Binance to undermine the Nigerian government.

 

The ministry said Binance is facing criminal prosecution in many countries including the United States.

 

“Just a week ago, the founder and former CEO of Binance, Changpeng Zhao, was sentenced to prison in the United States, after pleading guilty to charges very similar to what Binance is being investigated for in Nigeria. In addition, Zhao agreed to pay a fine of $50 million, while Binance is liable for $4.3 billion in fines and forfeitures to the US Government,” the government said.

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“We would like to remind Binance that it will not clear its name in Nigeria by resorting to fictional claims and mudslinging media campaigns. The only way to resolve its issues will be by submitting itself to unobstructed investigation and judicial due process.”

 

The ministry said the Nigerian government will continue to act within its laws and international norms and will not succumb to any form of blackmail from any entity, local or foreign.

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‘Act of blackmail’ — FG denies officials demanded $150m bribe from Binance

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The Federal Government has accused Binance of blackmail after the company alleged officials demanded $150 million in cryptocurrency payments as bribe to settle the prosecution of its executives in Nigeria. 

On Tuesday, Richard Teng, Binance’s chief executive officer (CEO), said some unknown persons in Nigeria demanded huge payments in digital currency to make their problems in the country “go away”.

 

More to follow…

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Peter Obi condemns cybersecurity levy, says FG more interested in milking dying economy

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Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, says the federal government is more interested in milking a dying economy through the introduction of the cybersecurity levy.

 

In a post on his X account on Wednesday, Obi said the policies implemented by the government not only drive the citizens into poverty but also diminish the country’s competitiveness in the economic environment.

 

According to Obi, it is unreasonable to expect the struggling citizens of Nigeria to individually finance all government activities.

“The introduction of yet another tax, in the form of Cybersecurity Levy, on Nigerians who are already suffering severe economic distress is further proof that the government is more interested in milking a dying economy instead of nurturing it to recovery and growth,” Obi said.

 

“The imposition of a Cybersecurity Levy on bank transactions is particularly sad given that the tax is on the trading capital of businesses and not on their profit hence will further erode whatever is left of their remaining capital, after the impact of the Naira devaluation and high inflation rate.

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“It is inconceivable to expect the suffering citizens of Nigeria to separately fund all activities of the government. Policies such as this not only impoverish the citizens but make the country’s economic environment less competitive.

 

“At a time when the government should be reducing taxes to curb inflation, the government is instead introducing new taxes. And when did the office of the NSA become a revenue collecting centre?

 

“And why should that purely national security office receive returns on a specific tax as stated in the new cybersecurity law?

 

On May 6, the Central Bank of Nigeria (CBN) directed banks and other financial institutions to implement a 0.5 percent cybersecurity levy on electronic transfers.

 

CBN said the policy would take effect in two weeks and charges would be described as ‘Cybersecurity Levy’.

 

The apex bank said the charges would be remitted to the national cyber security fund, which would be administered by the office of the national security adviser (ONSA).

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