Connect with us

Crime

Central Bank Of Nigeria Has Always Covered Up Monumental Fraud Says Falana

Published

on

Femi Falana, foremost human rights lawyer and activist has said that the President Muhammadu Buhari led administration is allowing itself to be used in covering N500bn Naira fraud by the governor of the Central Bank Of Nigeria, Godwin Emefiele. 

Falana’s statement is coming on the heels of an audio confirmed by the central bank as authentic which detailed plans by the CBN governor and top officials of the apex bank to cover up N500bn which they used illegally for a private business. 

Falana in a press statement on Tuesday said: “Having carefully listened to the recorded telephone conversation of the Governor and top management staff of the CBN it is indubitably clear that the sum of N500 billion is missing from the CBN.

“The discussions clearly centered on how to cover up the monumental fraud including cooking up the books. 

“It was even suggested that N2 billion be set aside to compromise the Economic and Financial Crimes Commission.

“In view of the confirmation of the missing N500 bilion and the desperate moves to cover it up President Buhari should set up a panel of enquiry to probe the scandal. 

“The press statement of the CBN management denying the fraud should be treated with disdain as it is a dubious attempt to play on the collective intelligence of the Nigerian people.

“The CBN has a penchant for covering up the criminal diversion of huge public funds.

“The bank covered up the sum of $12.4 billion in the dedicated accounts withdrawn from 1988-1993 by military president, Gen Ibrahim Babangida. In the same vein, CBN covered up the $7 billion withdrawn by ex-gov of the central bank, Professor Charles Soludo and purportedly placed as deposit in some unnamed banks.

“The Buhari regime which claims to be fighting corruption must not allow the central bank to cover up the missing N500 billion.” he concluded.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crime

“We Killed NBA Chairman Barrister Emeka Emmanuel Agundu For Stealing N18Million” – Morocco Based Internet Fraud Gang Member Confesses

Published

on

39-year-old Kenechukwu Eze, a native of Amoli Edem in the Nsukka Local Government Area of Enugu State, on Wednesday, said his gang members killed one Emmanuel Agundu because he withheld the N18m they realised from Internet fraud. The money was reportedly paid into his Nigerian bank account.

Agundu, who was the Chairman of the Nigerian Bar Association, Udenu branch, was shot on August 15, 2018, at Obollo-Afor in the Udenu Local Government Area of the state by unidentified gunmen around 7pm, but he survived the attack.

However, on September 2, 2018, he was trailed to Uru-Uwani Edem in the Nsukka Local Government Area around 2pm and shot dead.

Although one of the gunmen was arrested and remanded in prison custody, Eze, a member of the five-man gang of Internet fraudsters based in Morocco, was apprehended on Wednesday, July 10, 2019, by the personnel of the Enugu State Police Command.

Parading the suspect at the state police headquarters alongside 18 were arrested across the state for various offences ranging from armed robbery, kidnapping, car snatching, vandalism, cultisim, unlawful possession of firearms and murder, the state Commissioner of Police, Suleiman Balarabe, said Eze was arrested with the help of credible intelligence, adding that the police had been tracking him since Agundu’s death.

Balarabe said his arrest was part of the command’s efforts to rid the state of criminals.

“We are also striving towards reducing crime to its barest minimum through proactive measures without losing sight of the respect for human rights and the rule of law,” the CP stated.

Speaking during the parade, Eze confessed that his group killed the legal practitioner, adding that the person who shot Agundu had been arrested and remanded in prison.

He said;“I didn’t know the lawyer in person, but one of our members brought him to join us in the business. His job was to supply a bank account to pay the money we realised into.

“So, we paid a total of N18m into the account he supplied and when we asked him to provide the money, he rebuffed us. Instead of making the money available for us to share according to our agreed formula, he started threatening to report the matter to security agents. That was why we decided to end it once and for all.

“I was arrested because of the death of that lawyer that we did a fraudulent transaction together. He spent N18m and was killed because of that. The person, who shot him, is already in prison. We were five in number; Emmanuel Ebonyi, one Valentine and his younger brother, Agundu and I.

“It was an online business, but the barrister supplied the account that we paid into. We paid a total of N18m into his account and he kept all the money.”

Credit: Punch

Continue Reading

Crime

N22b Paris cash: EFCC seizes passports of 34 ex-Kwara officials

Published

on

The Economic and Financial Crimes Commission (EFCC) has seized the passports of 34 top officials who served under former Kwara State Governor Abdulfatah Ahmed over a N22 billion London-Paris Club refund.

Ten of them have been watch-listed to prevent them from fleeing the country, it was learnt yesterday.

The N22billion covers the N21billion drawn from the refund and the N1billion allegedly intercepted by the EFCC during the February/March elections.

There are four cases on alleged mismanagement of billions of naira by some ex-office holders in the state.

A top source, who spoke in confidence, said: “There are monumental cases of fraud already uncovered in Kwara State during the tenure of the ex-governor. We may need to call for reinforcement to be able to conduct the different dimensions of the ongoing probe.

“So far, we have seized the international passports of 34 former commissioners and top government functionaries during the administration of ex-Governor Abdulfatah Ahmed.

“Out of the 34, about 10 former officers have been watch-listed to prevent them from escaping abroad. And if they travel out, we can effect their arrest in any jurisdiction.

“The list of the short-listed suspects has been sent to the Nigerian Immigration Service (NIS) to prevent them from acquiring new passports.”

In a statement yesterday, EFCC’s Head of Media & Publicity Tony Orilade said the agency’s Ilorin Zonal Office “has submitted the particulars of individuals on its watch-list and under investigations in the state to the Nigerian Immigration Service, NIS, Kwara State Command.

It said the Acting EFCC Chairman Ibrahim Magu made this known through the Ilorin Zonal Head of the Commission Isyaku Sharu during a visit by the Comptroller of Immigration Service, Kwara State Command Edith Onyemenam.

The statement quoted Magu as saying those whose passports were seized had been trying to procure police reports to deceive the Nigerian Immigration Service (NIS) to issue them new passports.

Magu said: “The need to familiarise the NIS with the particulars of such personalities under EFCC’s investigation became necessary following intelligence at the disposal of the commission that some highly-placed individuals undergoing corruption probe and on the commission’s watch-list in the state have procured forged police reports with which they plan to apply for new international passports to escape from the country.

“Information at the disposal of the Economic and Financial Crimes Commission in Ilorin reveals that these highly placed individuals are planning to use forged police reports to re-apply for new international passports to flee the country in other to escape prosecution and justice. The commission urges you to use your good office to place these individuals under strict surveillance.”

The EFCC boss described the visit as “a welcome development,” nothing: “As stipulated in the EFCC Establishment Act, the Nigerian Immigration Service is a member of the Commission. We can’t do anything without you. If we don’t collaborate with your office, we can’t get it right.”

Onyemenam hailed the EFCC for the cordial relations between the agency and NIS.

She said: “I am delighted to be here . We have cordial relations already. I am here to see that the relationship is well cemented. I want to see your support. My office will also give you support as well. If there is anything you want from my office, I will equally do that.”

Onyemenam said there was no cause for alarm over those on the watch-list, pledging that they would not get new international passports.

Continue Reading

Crime

Police arrest suspected killers of Funke Olakunrin

Published

on

The Nigerian police claimed they have arrested some suspects involved in the killing on Friday of Mrs Funke Olakunrin, daughter of the Afenifere leader, Pa Reuben Fasoranti.

Channels TV attributed the breakthrough to police spokesman in Ondo State Mr Femi Joseph.

According to him, the suspects were arrested when a team of security operatives stormed the forests in the area near Ore in Ondo State.

The command’s spokesman, however, did not disclose neither the identities of those arrested nor their number.

He said investigations were still ongoing while suspects would be paraded as soon as possible.

Continue Reading

Trending