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Emefiele awarded contracts to wife, CBN official’s firms, ICPC investigator tells court

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An investigator at Nigeria’s anti-corruption agency, ICPC, Agboro Michael, has told the Federal Capital Territory (FCT) High Court in Abuja that former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, awarded contracts to two obscure companies belonging to his wife and a CBN staff member.

 

While Emefiele’s wife, Margaret, owns Architekon Nigeria Limited, the CBN staff member, who allegedly benefitted from the controversial contracts, Sa’adatu Yaro, owned the April1616 Investment Limited, according to the investigator.

 

The two companies – Architekon Nigeria Limited and April1616 Investment Limited – were awarded multiple contracts for the renovation of the CBN governor’s lodge in Lagos as well as the supply of power lines and vehicles for the bank.

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Emefiele, who was the governor of the CBN for nearly a decade, faces corruption charges preferred against him after President Bola Tinubu removed him from office last June.

 

He is being prosecuted on amended 20 counts of conferment of corrupt advantages, conspiracy, criminal breach of trust, forgery and obtaining by false pretence to the tune of $6.23 million.

 

Emefiele denied the charges during his re-arraignment in January.

 

Outcome of inter-agencies probe
Led in evidence by the prosecution counsel, Oyedepo Rotimi, Mr Michael said he alongside investigators from sister agencies interrogated Mr Emefiele in the course of investigating his activities as the head of the central bank.

READ  Court fixes date for Emefiele’s trial over alleged illegal possession of firearms

 

During the interagency investigation comprising the ICPC, EFCC, Code of Conduct Bureau (CCB), and the State Security Service (SSS), Michael said Emefiele’s wife, Margaret, and her brother, Marcombo Omoile, were director and shareholder, respectively, of Architekon Nigeria Limited.

 

Michael, who is the seventh prosecution witness in the trial, said Architekon Nigeria Limited was incorporated in 2009, five years before Mr Emefiele was appointed CBN governor.

 

“The company (Architecture Nigeria Limited) began enjoying CBN patronage after the defendant’s appointment as CBN governor,” Mr Michael said.

 

The witness said a team of investigators wrote banks and the Corporate Affairs Commission, requesting documents concerning the registration and bank statements of Architekon Nigeria Limited and April1616 Investment Limited.

 

“We found out that Architekon Nigeria Limited was incorporated in 2009, the directors and shareholders were the defendant’s wife, Omoile Margaret, and his brother-in-law Marcombo Omoile.

 

“We discovered that the company before Emefiele’s appointment at CBN, though in existence, had never had any contractual dealings with the CBN until his appointment.

 

“Also, we discovered that the name of his wife was stated as Margaret Omoile despite the fact that she was married to Emefiele.

READ  Emefiele worst CBN gov in history — Moghalu

 

“After the defendant’s appointment in 2014, the company started to enjoy the patronage of the CBN.”

 

Omoile is Magaret Emefiele’s maiden surname.

 

Testifying further, Michael said an investigative report issued after the inter-agencies probe detailed the outcome of the investigations on Mr Emefiele’s transactions involving relatives and associates during his time in office as CBN governor.

 

He said Emefiele conferred “corrupt and unfair advantages on his wife and Ms Yaro” through the award of contracts to their companies.

 

After over three hours of leading evidence through the ICPC investigator, Oyedepo, a Senior Advocate of Nigeria (SAN) and prosecutor, tendered several documents as exhibits.

 

The documents, comprising bank statements and payment approvals for contracts payment executed by Architekon Nigeria Limited and April1616 Investment Limited, were admitted in evidence by the judge, Hamza Muazu.

But, when asked under cross-examination by Mr Emefiele’s lawyer, Matthew Burkaa, also a SAN, about the whereabouts of the investigative report, the witness said it was submitted to the Director-General of the SSS, Yusuf Bichi.

 

Contracts passed through due process
During cross-examination, Mr Burkaa, a SAN, asked Mr Michael about the CBN’s contract award procedure.

READ  At last, Emefiele meets bail conditions, released from Kuje Prison

 

In his response, the witness listed the Tenders Board, Contract Approval Council, and Committee of Board of Governors as the three CBN bodies that process contract bids received by the bank.

 

When asked if the contracts in question in the case passed through the statutory bodies at the bank, Michael answered in the affirmative.

 

He said the contracts were vetted through the procurement department of the bank.

 

Similarly, Michael said he did not find evidence by way of official communication from Mr Emefiele recommending any of the two companies for the award of contracts.

 

The witness added that all documents containing payment approvals issued by Mr Emefiele were done after certificates of completion of contracts were issued by the CBN to Architekon Nigeria Limited and April1616 Investment Limited.

 

The defence lawyer further asked Mr Michael if it was wrong to pay the companies for contracts that were duly awarded and executed.

 

He said, “I cannot say if the contacts were done or not.”

 

After the cross-examination, the judge adjourned the trial until 25 April for further hearing.

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Shake-up in EFCC as Olukoyede appoints chief of staff, 14 directors

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Ola Olukoyede, chair of the Economic and Financial Crimes Commission (EFCC), has appointed Michael Nzekwe as his chief of staff.

 

As part of a restructuring drive, Olukoyede upgraded all the zonal commands of the EFCC to departments and appointed 14 new directors.

 

A statement by Dele Oyewale, EFCC spokesperson, said the security unit of the agency has been upgraded to a department with a chief security officer at the helm.

 

“To this effect, 14 new directors have been appointed to head each of the zonal commands,” Oyewale said.

 

Additionally, to bolster and fortify the security architecture of the commission, the security unit of the EFCC has been upgraded to a department with a seasoned officer appointed as director, security and chief security officer.

 

“A new department has also been created in the executive chairman’s office and it is headed by former Makurdi zonal commander of the EFCC, Mr. Friday Ebelo who also doubles as director and coordinator, special duties at the corporate headquarters of the commission.”

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Nzekwe was the commander of the Ilorin zonal command and a course one officer.

 

Nzekwe, a lawyer and an investigator, has served in various departments in the anti-graft agency — including legal and prosecution, operations (now department of investigations), internal affairs (now department of ethics and integrity), Servicom, and asset forfeiture.

The new chief of staff has attended trainings and courses at home and abroad, including the Advance Defence Intelligence Officers Course organised by Defence Intel Agency (DIA).

 

 

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Sierra Leone energy minister resigns over electricity crisis

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 Sierra Leone’s minister of energy, Kanja Sesay, has resigned after weeks of electricity crisis in the West African nation.

 

According to BBC, in his resignation letter on Friday, Sesay said he took full responsibility for the crisis.

 

In a statement, the government said the energy ministry has been placed under the direct supervision of President Julius Maada Bio, who will be assisted by two other officials.

 

Sesay’s resignation came hours after the government paid $18.5 million to two power providers, Turkish Karpowership and Transco-CLSG group.

 

Sierra Leone owed the two producers $40 million.

 

After two months of outages, power was restored in Freetown after the payments were announced.

 

Since mid-April, Freetown and the cities of Bo, Kenema and Koidu have experienced multi-day stretches without electricity.

 

Karpowership confirmed the payment in a statement.

 

“We are pleased to confirm that the electricity supply has returned to full capacity in Freetown,” the statement reads.

READ  BREAKING: Court grants Emefiele N300m bail

 

The company has been supplying electricity to Sierra Leone since 2018 from a floating offshore unit, but it had reduced its capacity from 65 megawatts to just five in recent months due to payment issues.

 

It had previously cut supplies to Sierra Leone in September over unpaid bills.

 

In October, it briefly cut power to Guinea-Bissau, saying it had been left with no option “following a protracted period of non-payment”.

 

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American School refunds $760,000 of Yahaya Bello’s children fees to EFCC

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The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

 

Dele Oyewale, spokesperson for the EFCC, confirmed the development to The Post on Saturday.

 

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

 

Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

 

Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.

 

The children are in Grade Levels 2 to 8 at the school.

 

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja in an attempt to arrest him over an alleged N80.2 billion fraud.

READ  FG disowns Emefiele over plan to redesign Naira, warns of consequences

 

While the operatives were at the house, Usman Ododo, governor of Kogi, arrived at the property and reportedly whisked Bello away.

 

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

 

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

 

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

 

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.

 

We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

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“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

 

The school said it would draw the attention of the anti-graft agency if there were any further deposits by the Bello family.

In a statement signed by Greg Hughes, AISA also said, “Ali Bello contacted the school on Friday 13 August 2021 requesting to pay the family school fees in advance until the students graduate from High School.”

 

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed that the former governor transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.
Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

 

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

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“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

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