Tag Archives: Withdrew

Begging Is Lucrative, Woman Who Withdrew Her Son From School Tells Task Force

Posted on by
Reply

A mother of six, arrested by operatives of Lagos State Environmental and Special Offences Unit Task Force for using her 11-year-old son to beg, while pretending to be victims of a fire incident, did not show any sign of remorse, saying begging was a lucrative business.

The suspect, identified as Chinagoro Uwenke, 40, was arrested yesterday in Oshodi area of Lagos. Uwenke was always seen in the company of her son, whose leg was usually in bandage, discovered to be stained with liquid, which several people believed was pus from untreated burns.

Luck, however, ran against them after operatives of the task force demanded to know the magnitude of the purported injury on the lad. When the bandages were removed, it was discovered to the astonishment of all that the boy had no injury at all. Both mother and son were then whisked away.

Preliminary investigation showed that the suspect had been engaged in the alms begging business for five years. She revealed, during interrogation, that she made between N3,500 and N5000 daily.

Read More:

http://www.vanguardngr.com/2016/09/beggings-lucrative-says-woman-withdrew-son-school/

How Ekweremadu Others Withdrew N8 Billion In Failed Constitution Amendment- Report

Posted on by
1

Fresh details have emerged on how members of the National Assembly Committee on the Review of the 1999 Constitution withdrew N7.75 billion purportedly to amend Nigerian constitution.

A report by Premium Times had last week exposed how the federal lawmakers collected the money in tranches to purportedly alter the document between 2011 and 2015, but which former President Goodluck Jonathan refused to sign into law.

While the 49-member Senate Committee on Constitution Review led by the Deputy Senate President, Ike Ekweremadu, withdrew a total N4,500,000.00 for the exercise, the 53-member House of Representatives Committee headed by the former Deputy Speaker, Emeka Ihedioha, spent N3,250,000,000.00.

The documents, exclusively obtained, also showed that the Committee withdrew money from its account few days before the 2015 general elections. The presidential and National Assembly elections held on March 28.

While on March 2, it withdrew N83.33m, it withdrew the same amount 21 days later, precisely on March 23. Yet, on April 13, two days after the governorship election, it withdrew another N83.33m.

The fresh documents exclusively obtained which exposed bank transactions showed that the two committees transferred various sums of money from two National Assembly accounts – 321/212/606/1/1/0 and 321/212/606/1/1/3 domiciled in Guarantee Trust Bank to their own accounts in different banks.

While the House Committee transferred funds to its account in Zenith Bank, its counterpart in the Senate transferred monies to its three accounts domiciled in Bank PHB (now Keystone Bank), Oceanic Bank (now EcoBank) and United Bank for Africa.

According to the documents, the House Committee transferred to its Zenith Bank account N500m on December 16, 2011; N500m on May 17, 2012; N250m on August 6, 2013; and N250m on November 11, 2013; N250m on February 20, 2014; N250m on May 27, 2014; N250m on August 21, 2014; N166.5m on a date not specified; N83.5m on December 5, 2014; and N83.33 on March 2, 2015.

The committee, on different occasions, also withdrew huge amounts in cash, serially violating Nigerian money laundering law.

Part 1, Subsection 1 of the Money Laundering Act 2011 provides that “No person or body corporate shall, except in a transaction through a financial institution, make or accept cash payment of a sum exceeding- (a) N5,000,000.00 or its equivalent, in the case of an individual; or (b)N10,000,000.00 or its equivalent in the case of a body corporate.”

It withdrew N250m on October 29, 2012; N250m on May 8, 2013; N83.33m on March 23, 2015 and another N83.33m on April 13, 2015.

The Senate Committee, the documents revealed, transferred the sum of N125m on April 21, 2010 to Bank PHB; N250m on June 10, 2010 to Oceanic Bank; N125m on a date not specified; to Oceanic Bank and N250m on October 13, 2010 to Bank PHB. The transactions were made before the Committee was inaugurated in the 7th Assembly in 2011

It also transferred N250m on a date not specified to Oceanic Bank; N250m on February 9, 2011to Bank PHB; N500m on December 16, 2011 to Bank PHB; N250m on May 17, 2012 to Bank PHB; N250m on July 23, 2013 to Keystone Bank, N250m on November 5, 2013 to Keystone Bank; N250m on February 5, 2014 to Keystone; N250m on May 22, 2014 to Keystone; N250m on August 18, 2014 to Keystone; N166.6m on November 25, 2014 to Keystone; N83.4 on December 5, 2014 to Keystone; and N83.33m on February 27, 2015 to Keystone.

It further withdrew N250m on April 20, 2012; N250m on February 27, 2013; N250m on May 8, 2013; N83.33m on March 17, 2015; and N83.33 on a date not specified, in cash.

This again was a clear violation of Nigeria’s money laundering law.

Credit: PremiumTimes

Why Buhari Withdrew Ibeto

Posted on by
1

President Muhammadu Buhari yesterday replaced one of his ministerial nominees, the former deputy governor of Niger State, Ahmed Musa Ibeto, with a former House of Representatives whip, Abubakar Bwari Bawa.

Senate President Bukola Saraki read a letter from the President announcing the withdrawal of the nomination of Musa Ibeto.
The substitution came on the day that the Senate confirmed 18 out of the 37 ministerial nominees.

A source familiar with the horse trading that led to the substitution of Ibeto said that the Niger State governor, Abubakar Sani Bello, met President Buhari at the Presidential Villa on Tuesday to lobby for the substitution with someone from another zones of the state.

The request was hinged on the fact that the governor himself, the speaker of the state house of assembly and other key political office holders are all from the same zone; Zone C of the state.

The nomination of Ibeto, who is also from the same zone, was creating political tension in the two other zones (A and B) owing to what many say was lopsidedness in the sharing of top offices in the state.

It is not clear if the nomination of the one-time whip of the House of Representatives, Abubakar Bawa Bwari, will assuage the anger of the Nupe people who were also keen to see one of their own appointed.

Opposition had mounted against Ibeto’s  nomination not only form Niger East Senatorial District which felt short-changed in appointments made so far by the incumbent Governor, Abubakar Sani Bello, but also key stakeholders from political divides irrespective of party affiliations.

“There is an existing political understanding of the rotation of the three key positions of governor, deputy governor and minister amongst the three senatorial districts in the state,” source told Daily Trust yesterday.

“It was on this strength that in 1999, during the Obasanjo administration, when Professor Jerry Gana from Niger South Senatorial District was nominated for ministerial appointment, former Governor Abdulkadir Kure objected to his nomination. Therefore, Engr. Mustapha Bello from the Niger North Senatorial District was eventually nominated.

“It was based on this agreed principle of fair representation that in 2007 when Dr Shem Nuhu Zagbayi of Niger East Senatorial District was nominated for Ministerial position that Governor Mu’azu Babangida Aliyu who came from the same senatorial district with the nominee objected to it.  This led to the appointment of Barr Hassan Gimba from Niger South Senatorial District as Minister of Sport.

“This was done to maintain the needed political balance and sense of belonging for all, for peaceful coexistence, good governance and rapid economic growth and development,” the stakeholders had argued.

Read More: dailytrust