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₦3.4 billion debt: Court blocks Oyo govt accounts in four banks

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A High Court of the Federal Capital Territory (FCT) in Abuja has blocked the account of Oyo State government in four banks over ₦3,374,889,425.60, debt.

Justice A. O. Ebong, while ruling on a motion ex-parte for a garnishee order, issued an order attaching funds to the credit of the state government account in First Bank, United Bank for Africa (UBA), Wema Bank, and Zenith Bank.

Justice Ebong ordered the banks to show cause why the order should not be made absolute. The ruling on the motion marked FCT/HC/BW/M/238/2023 was delivered by the judge on March 2, and a certified true copy (CTC) was sighted on Sunday in Abuja.

The funds, according to court filings, are to settle the outstanding balance of N3,374,889,425.60 from the judgement debt owed some former local government chairpersons and councillors sacked on May 29, 2019, before the end of their tenure by Governor Seyi Makinde of Oyo State.

“A garnishee order nisi is hereby granted to attach the judgement debtors’ accounts with garnishees Nos. 1 to 4 in the motion ex-parte, for the purpose of settling the judgement debt outstanding in the sum of N3,374,889,425.60, as awarded by the Supreme Court and conceded by the judgement debtors in Exhibit 11 attached to the applicant’s motion,” the ruling reads.

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It was gathered that the judgement creditors have since effected service of copies of the order on the judgement debtors, as ordered by the court.

Listed as judgement debtors with the Oyo State Governor are the state’s attorney general, the commissioner for local government and chieftaincy affairs, the accountant general, the house of assembly, its speaker, and the Oyo State Independent Electoral Commission (OYSIEC).

The ex-chairpersons and councillors were elected in the election conducted by OYSIEC on March 12, 2018, for a three-year term.

Upon learning that Makinde, who took office on May 29, 2019, had planned to sack them, they sued before the High Court of Oyo State to challenge the constitutionality of Sections 11 and 12 of the Oyo State Local Government Law 2001, which empowered the governor and the House of Assembly to dissolve LG executives in the state.

The Oyo State High Court, in its judgement on May 6, 2019, declared Sections 11 and 12 of the state’s Local Government Law 2001 as unconstitutional on the grounds that they violated Section 7(1) of the Constitution.

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Despite the subsistence of the judgement, Makinde sacked the chairpersons and councillors on May 29, 2019, and subsequently appealed the judgement.

In its judgement on May 7, 2021, a five-member panel of the Supreme Court presided over by Justice Kudirat Kekere-Ekun allowed the appeal marked SC/CV/556/2020 and set aside the decision of the Court of Appeal.

The court, which awarded a cost of N20 million against Mr Makinde, ordered that the ex-chairpersons and councillors, who were unlawfully sacked by the governor, be paid their salaries and allowances from May 29, 2019, to May 11, 2021, when their tenure ought to have expired.

In the lead judgement by Justice Ejembi Eko, the Supreme Court came down hard on Makinde, whom it found to have acted arbitrarily and undemocratic.

The Court of Appeal, in its judgement on July 15, 2020, set aside the judgement of the High Court, a decision the affected officials appealed at the Supreme Court.

“I will not conclude this appeal without commenting on the disturbing ugly face of impunity displayed by the Governor of Oyo State (1st respondent herein) on May 29, 2019, tantamounting to executive lawlessness, outrightly and vehemently condemned by this court in the case of the Military Governor of Lagos State v. Ojukwu.” Justice Eko said

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Justice Eko noted that, even before appealing the High Court judgement, Makinde, on May 29, 2019, “issued imperial directives dissolving all democratically elected local government councils in Oyo State in spite of the subsisting judgement of the Oyo State High Court in the suit No. 1/347/2017.

“Series of applications were filed by the judgment creditors, the present appellants, to restrain, particularly the 1st respondent (the Governor), from embarking on the self-help designed to contemptuously frustrate the judgment of the High Court.

“He was not dissuaded. He proceeded in his imperial omnipotency to continue in his untrammelled, albeit invidious contemptuous, disregard of subsisting judgment of the High Court.

“It is unthinkable that a democratically elected governor would embark on these unwholesome undemocratic tendencies. These tendencies no doubt endanger democracy and the rule of law.

“It is almost becoming universal phenomena that the democratically elected Governors have constituted themselves into a specie most dangerous to democracy in this country.

“They disdainfully disregard and disrupt democratically elected Local Government Councils and appoint their lackeys as caretaker committees to run affairs of Local Governments.”

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Yahaya Bello took $720k from state coffers to pay his child’s school fees – Olukoyede

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The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says Yahaya Bello, former governor of Kogi, withdrew $720,000 from the state’s coffers to pay his child’s school fee in advance.

 

Olukoyede spoke in Abuja on Tuesday during an interactive session with media executives.

 

The EFCC boss alleged that the former Kogi governor transferred money from the state coffers to a bureau de change operator, and used the money for his child’s school fee in advance.

 

Olukoyede added that Bello made the payment in anticipation that his tenure was gradually coming to an end.

 

“A sitting governor, because he knew he was leaving office, moved money directly from the government to bureau de change and used it to pay his child’s school fee in advance,” the EFCC boss said.

 

“Over $720,000 in anticipation that he was going to leave the government house. In a poor state like Kogi, you want me to close my eyes under the guise of ‘I’m being used’. Used by who? At this stage of my life.”

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Olukoyede said he inherited the case file of the former Kogi governor, noting that he did not initiate the investigation against Bello.

 

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja to arrest him over alleged N80 billion fraud.

 

While the EFCC operatives were at Bello’s residence, Usman Ododo, governor of Kogi, came to visit his predecessor.

 

Shortly after Ododo departed from the residence, the EFCC operatives also left the house.

 

Bello was reportedly rescued by Ododo when he departed his residence located in the Wuse Zone 4 district of Abuja.

 

Subsequently, the anti-graft agency declared the former governor wanted.

 

The Nigeria Immigration Service (NIS) has also placed Bello on a watchlist.

 

The anti-graft agency alleged that Bello, alongside Alli Bello, chief of staff to Ododo; and one Daudu Suleiman, diverted about N80.2 billion belonging to the Kogi government.

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: EFCC may prosecute 300 forex racketeers

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1. The Economic and Financial Crimes Commission, EFCC, may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations. EFCC Chairman, Ola Olukoyede, who gave this indication during an interactive programme with editors and bureau chiefs in Abuja on Tuesday, revealed that their accounts were frozen following a court order on Monday.

 

2. Lead British International School Abuja, which has been in the eye of the storm over viral videos of bullying involving some of its students, has been shut for three days. The shutdown order was issued on Tuesday by the Minister of Women Affairs, Uju Kennedy-Ohaneye.

 

3. The Economic and Financial Crimes Commission, EFCC, has filed a fresh charge at the High Court of the Federal Capital Territory against the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele. EFCC in the charge accused Emefiele of approving the printing of N684,590,000 at the rate of N18.96 billion.

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4. The naira depreciated further against the United States dollar at the official market on Tuesday, closing at 1,300/$. This came as the Central Bank of Nigeria stepped up efforts to stem the tide, selling more dollars to Bureau De Change operators.

 

5. The Economic and Financial Crimes Commission, on Tuesday, urged Justice Emeka Nwite of the Federal High Court Abuja to deny the bail application of the detained Binance Holdings Limited executive, Tigran Gambaryan. The anti-graft agency said it was too risky to admit the foreigner to bail, noting the escape of his co-defendant, Nadeem Anjarwalla from custody.

 

6. The crisis rocking the Peoples Democratic Party, PDP, over the list of the Rivers State Caretaker Committee has taken a new dimension as the Federal High Court, Abuja, has restrained the leadership of the party from further action on the matter. This was disclosed by the National Working Committee, NWC, after its emergency meeting on Tuesday.

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7. Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has vowed to ensure that the former Governor of Kogi State, Yahaya Bello, is prosecuted. Speaking with select Editors in Abuja on Tuesday, the anti-graft czar said he made a direct phone call to Bello out of respect, urging him to appear before the commission and address the charges against him.

 

8. Former Minister of Aviation, Hadi Sirika was on Monday arrested. He is due to face charges alongside his brother, Abubakar, following an investigation into alleged N8.06 billion fraud during his tenure. Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede announced this.

 

9. A former House of Representatives Deputy Speaker, Emeka Ihedioha has resigned his membership of the main opposition Peoples Democratic Party, PDP. In a letter, dated April 23 and delivered to the party’s national headquarters in Abuja, Ihedioha, a long-time ally of former Vice President Atiku Abubakar, said his decision was the right course of action.

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10. A Dana Air aircraft with registration number, 5N BKI, flying from Abuja to Lagos on Tuesday morning, veered off the runway while landing at the Murtala Mohammed airport in Lagos. A statement signed by Mr Kingsley Ezenwa, Head of Corporate Communications of the airline, said all the 83 passengers and crew members onboard were unharmed.

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Fubara reshuffles cabinet, redeploys Wike’s loyalists from finance, justice ministries

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Siminalayi Fubara, governor of Rivers, has redeployed two commissioners in his cabinet in a major shake-up since he took the mantle of leadership of the state. 

 

Tammy Danagogo, secretary to the state government (SSG), announced the development in a statement issued on Tuesday.

 

Fubara redeployed Zacchaeus Adangor, attorney-general and commissioner for justice, to the ministry of special duties.

 

The governor also deployed Isaac Kamalu, commissioner for finance, to the ministry of employment generation and economic empowerment.

 

Danagogo said the commissioners are to hand over to the permanent secretaries in their outgoing ministries, adding that deployment is with immediate effect.

 

Both commissioners are loyalists of Nyesom Wike, the immediate former governor of Rivers and incumbent minister of the federal capital territory (FCT).

 

Last year, the commissioners resigned from their positions following the political feud between Wike and Fubara.

 

They were later reinstated after Wike and Fubara signed a peace accord facilitated by President Bola Tinubu.

 

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Wike and Fubara are locked in a struggle for control of Rivers’ political structure.

 

The political crisis led to the defection of 27 state house of assembly members, who are loyal to Wike, from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

 

The lawmakers have been threatening the governor with impeachment.

 

The lawmakers have vetoed the governor in at least three bills after he refused his assent.

 

 

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