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Alleged money laundering: EFCC increases charges against ex-Gov. Fayose’s ally, Agbele

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The Economic and Financial Crimes Commission, (EFCC)  has increased the alleged money laundering charge preferred against Abiodun Agbele,  an ally of the former Ekiti Governor, Ayodele Fayose from 11-counts to 24-counts.
The EFCC had in 2016 arraigned Agbele,  and five others at the Federal High Court, Abuja on an 11-count charge bordering  money laundering to the tune of N1. 2 billion.
The money was said to be part of N4.7 billion allegedly transferred from an account belonging to the Office of the National Security Adviser, (NSA) in the Central Bank of Nigeria, (CBN).
In the amended charge,  Agbele, Sylvan Mcnamara Limited,  De Privateer Ltd, and Spotless Investment Limited were listed as the first to fourth defendants.
The EFCC accused Agbele of indirectly accepting N1.2 billion cash through an official of Zenith Bank in Akure from Sen. Musiliu Obanikoro on behalf of Ayo Fayose in June 2014 without going through a financial institution.
The anti-graft agency said the offence was contrary to Section 1(a) of the Money Laundering (Prohibition) Act 2011(As Amended) and punishable under the same act.
The agency also accused Agbele of aiding De Privateer to commit an offence by taking possession of N200 million which formed part of N1.2 billion,  a proceed of money laundering on behalf of Ayo Fayose contrary to Section Section 18(A) of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 18 of the same act.
When the fresh charges were read to Agbele on Tuesday, he maintained his earlier not guilty plea.
Meanwhile, Mr Aliyu Mukadas, a former staff of the Central Bank of Nigeria, (CBN) and a prosecution witness in the case, in his testimony told the court  that the apex bank paid a total sum of N4.15 billion to Sylvan Mcnamara Limited.
Mukadas, while being led in evidence by counsel to the EFCC, Mr Wahab Shittu,  SAN narrated how the money was paid in tranches to  Sylvan Mcnamara Limited.
He told the court  that the money was paid through the company’s Diamond Bank account.
The witness confirmed that the National Security Adviser, (NSA) maintained an account with the CBN meant to fund security operations and not elections.
“We effected payments to all ministry or departments. The office of NSA is one of the agencies that has  an account with the CBN.
“The purpose of the NSA account is for security operations, not for election purposes.
“We paid N200 million to Sylvan McNamara Limited through Diamond Bank.
“We also paid N2 billion, N700 million, N1 billion and N225 million into Sylvan McNamara Limited,” the witness told the court.
When asked if he knew what the money was used for, Mukadas who said he  worked with CBN for 30 years at its Abuja branch and banking services department where he retired in 2023 said he was not aware.
During cross-examination by Agbele’s counsel, Mr Lekan Ojo, SAN, the witness  confirmed  that the payment mandate was verified before the payments were made.
When asked if the payment mandate showed the purpose for which the funds were to be paid to the company he said it was for ” services rendered.”
He added that he had no suspicion that the money was for fraudulent purposes.
Testifying earlier,  former Chief Executive Officer of Zenith Bank, Mr Peter Amagbo denied  that the bank funded Gov. Ayo Fayose’s re-election campaign.
“We did not fund election for Ekiti.
I have never seen Agbele before. I met Fayose once as MD/CEO. My second meeting with him was as ex-governor during a friend’s father’s funeral,” the witness said.
According to Amagbo, the Bank had a business relationship with Ekiti even before Fayose became governor of the state and the relationship was maintained during his tenure.
When asked if he knew whether the bank had promised to assist Fayose’s re-election campaign, he said that as the head of the management  of the bank, his approval was needed for that and the chairman knew that the bank did not sponsor elections.
The trial judge, Justice Nnamdi Dimgba adjourned further hearing in the matter until May 2.
NAN reports that some of the fresh charges read,” That you Abiodun Agbele on or about June 16, 2014 in Akure within the jurisdiction of this  court, indirectly accepted cash in the sum N1.2 billion through officials of Zenith Bank, Akure Branch from one Sen. Musiliu Obanikoro, on behalf of one Ayo Fayose without going through a financial institution and thereby committed an offence contrary to Section 1(a) of Money Laundering (Prohibition) Act 2011(As Amended) and punishable under Section 1503) of the same Act.
  “That you Sylvan Mcnamara Ltd on or about June 16, 2014 in Lagos within the jurisdiction of this court aided Abiodun Agbele, and Spotless Investment Limited by deploying Sylvan McNamara Limited Diamond Bank Account No. 0026223714 domiciled in Diamond Bank, Lagos, to commit an offence, to wit:
” Money laundering of N1.2 billion in cash which sum formed part of the funds transferred from the office of the National Security Adviser’s account domiciled in Central Bank of Nigeria into Sylvan McNamara Limited’s Diamond Bank Account No. 0026223714 domiciled in Diamond Bank, Lagos, on behalf of one Ayodele Fayose contrary to Section 18(a) of the Money Laundering Prohibition Act 2011(as amended) and punishable under Section 17(b) of the same.”

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LASG connects over 688,000 poor households with stakeholders for poverty reduction

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…Certifies 603 pre-payment certificates for projects across 20 LGAs

By Sodiq Adelakun

The Lagos State Government has taken a significant step towards reducing poverty in the state by connecting 688,759 poor and vulnerable households on the register with SFMDAs, development partners, corporate organizations and other relevant stakeholders.

This was announced by the Honourable Commissioner for Economic Planning and Budget, Mr. Ope George, at the 2024 Ministerial Briefing held on Thursday at the Bagauda Kaltho Press Centre, Alausa, Ikeja.

According to the Commissioner, the Ministry has successfully registered 688,759 heads of poor and vulnerable households, comprising 2,681,507 members, as validated by the National Social Safety-Nets Coordinating Office (NASSCO), Abuja.

He revealed the registration has enabled the state government to provide a holistic approach to poverty reduction, improving the livelihoods of households through connections with Social Fund for Millennium Development (SFMDAs), development partners, corporate organisations, and other stakeholders.

According to him, “As a Social Protection Nexus and the custodian of the Lagos State Single Social Register (LASSR),

“The Ministry has been able to register 688,759 Heads of Poor & Vulnerable Households and 2,681,507 Members of Households as validated by the National Social Safety-Nets Coordinating Office (NASSCO), Abuja. The LASSR is hosted on the State’s website.

“These efforts aligned with Mr. Babajide Olushola Sanwo-Olu’s T.H.E.M.E.S+ agenda.

“Deepening the Mining Process, the Ministry is currently mining data for various stakeholders, including Socio-Functional Ministries, Departments, and Agencies, Development Partners, Civil Society Organizations and Philanthropists to facilitate access to Social Intervention programmes aimed at uplifting the Poor and Vulnerable Households.

“A total of 592,602 Poor and Vulnerable Heads of Households (PVHHs) have benefited from various social interventions Statewide.”

Also, while speaking the commissioner announced the certification of 603 Pre-Payment Certificates (PCs) for projects executed across all 20 Local Government Areas (LGAs) in the state.

He said the certified projects were carried out collaboratively by 46 Ministries, Departments, and Agencies (MDAs) in partnership with 410 contractors, covering both direct labor and outsourced services.

The projects span across nine sectors, including Economic Affairs, Education, Environmental Protection, General Public Services, Health, Housing and Communities Amenities, Public Order and Safety, and Social Protection.

According to the breakdown of Pre-Payment Certificates PCs, it was gathered that across nine critical sectors reveals a concentrated effort towards economic advancement, education, environmental protection, public services, health, housing, and public safety.

With 256 PCs allocated to the Economic Affairs Sector, 77 to Education, 75 to Environmental Protection, 62 to General Public Services, 47 to Health, 77 to Housing & Communities Amenities, and 9 to Public Order and Safety, the Ministry underscores its commitment to holistic development and sectoral progress.

Also, the Ministry has made significant strides in its efforts to promote economic growth and development in the state.

“The State through this Ministry has led another milestone delivery, as the first State to publish a State specific economic update tagged ‘Lagos Economic Development Update’ (LEDU) Report.

“The report summarises the State’s macroeconomic outlook, economic journey and prospects; projects the economic landscape and gives insight into the sector’s productivity for ease of access to economic growth and development,” He reiterated.

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Oyo Govt unveils free technology skill training for 1,000 students

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As part of its effort to    ensure quality and  sustainable development in the education sector in line with the Omituntun 2.0 Agenda of the state governor, ‘Seyi Makinde, the Office of the Human Capital Development has revealed its readiness to train 1,000 senior secondary schools students on free coding and non-code technology skills.

The Executive Assistant to the Oyo State Governor on Administration, Revd. Idowu Ogedengbe, stated this on Friday, during a Press Briefing held at the Governor’s Office, Secretariat, Agodi, Ibadan.

Ogedengbe noted that the initiative, which is aimed at launching a groundbreaking technology programme to empower senior secondary school students across the 33 Local Government Areas of Oyo State, with technology skills, will be implemented in partnership with some private investors in the technology sector.

He maintained that the training, which will be held between July 15th and July 19th at the International Conference Centre, University of Ibadan, will begin with selected schools in all the eleven (11) local governments in Ibadan Main and Less Cities, while other beneficiaries from the remaining local governments will be trained at a subsequent date.

He said, “This pilot programme will witness an unprecedented event where 1,000 senior secondary school students from the 11 local governments of Ibadan will receive specialised training in coding and non-code tech skills.”

“The next phases of the initiative would see us taking the training to the remaining LGAs with a view to ensuring that the impact is widespread and even across all the constituencies in Oyo State.

“This initiative marks a significant milestone in our commitment to providing quality education and preparing our youth for the challenges and opportunities of the 21st century.

“CodeGarage Africa has been at the forefront of promoting digital literacy across Africa, and we are delighted to partner with them in this endeavour with the support of Zeeh Africa and 386Konsult. We aim to equip our students with the tech skills and knowledge necessary to thrive in the increasingly digital world.

“The importance of coding or non-code tech skills cannot be overstated in today’s society, from driving innovation to solving complex problems, tech skills are a fundamental skill that opens doors to countless opportunities.

“Introducing coding education to our senior secondary school students will allow us to lay the foundation for a future where they can excel in technology-driven fields and contribute meaningfully to the development of our state and beyond.”

Ogedengbe added that the programme is in tandem with the vision of Governor Makinde on education, as his government’s policy is not only to invest in the future of the youths but to also position Oyo State as a hub for innovation and technological advancement.

He, therefore, encouraged stakeholders, including parents, educators, and the private sector, to support and participate in the laudable programme to unlock the full potentials of the young stars to become leaders in the digital age.

In their remarks, the partnering private investors, CodeGarage Africa, Miss Dolapo Ayeni and her counterpart, Zeeh Africa, Mr David Adeleke, said training the students from the grassroots level is very useful to the ecosystem.

They added that it is another way of catching them young and also exposing them to entrepreneurship, even as they called for more partners to collaborate with the Oyo State government.

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We registered below 3,000 data controllers, processors despite identifying 500,000 — NDPC Commissioner

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By Matthew Denis, Abuja

The National Commissioner and Chief Executive Officer of Nigeria Data Protection Commission (NDPC), Dr. Vincent  Olatunji has disclosed that the level of compliance for the registration by data controllers and processors given by the commission is still low.

He revealed that they have only registered below 3000 Data controllers, processors despite identifying 500,000 in the country.

The Commissioner made the disclosure during an exclusive interview with Nigerian NewsDirect at his office in Abuja on Thursday.

Recall that the agency has notified all entities, including businesses, educational institutions, healthcare providers, and other organisations that collect personal data of individuals, that registration is mandatory in accordance with Section 5(d) of the Nigeria Data Protection Act, 2023.

The Commission had commenced registration on January 30th, 2024 to conclude on June 30th, 2024 and added that entities that fail to register within this time frame will be subject to penalties.

Dr. Olatunji while speaking to NewsDirect said, “the ecosystem  is just revolving and a lot of people don’t really understand what we’re talking about regarding Data controllers, Data processors. That’s why we’re going loud to create awareness.”

 The Commissioner stressed that they’re done with the first phase and very soon they will commence with the second phase the need for them to register which speaks on the reputation  of their organization, compliance and credibility and one thing that this will create is trust and confidence in your data processing activities  as an organization.

“We have up to the end of June, 2024 for all of them to register and we’re starting another massive campaign for them to register in the next two weeks.”

According to him in terms of compliance for registration with the commission the situation is still low.

He said, “When we started in 2022 we had about 1,777 data controllers and processors and last year it rose to over 2,000 but it’s very low when compared to the number of data controllers and processors we have identified in the country.

“We have identified about 500,000 and today we’re doing less than 3000 that means we have not even started at all, that is why we’re speaking to stakeholders and bringing everybody onboard.

“We have released the guidelines strategy telling you who qualifies as a Data controllers and processors and their categories in the country.”

The Commissioner emphasised that it’s their expectation that Nigerians will embrace the programme and key into it for the safety of the country with accurate data collection and protection.

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