The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the 22.06 billion dollars and N481.75 billion yet to be remitted by NNPC and others to the Federation Account are legacy issues from its audit reports for 1999 to 2015.
NEITI made the clarification in a statement signed by its Director of Communications and Advocacy, Dr Orji Ogbonnaya Orji, in Abuja, on Tuesday.
He said that the others stakeholders involved include the Nigerian Petroleum Development Company (NPDC) and oil companies in the oil and Gas sector.
He said that the bulk of the outstanding amounts was from NLNG dividends from 2000 to 2015 and outstanding payments for the value of 12 Oil Mining Licenses (OMLs) divested to NPDC between 2011 and 2013.
“To say the non remittance happened under this administration or that the money went missing from the Federation Account is therefore totally incorrect and deliberately misleading.
“This clarification has become necessary based on the distortion and politicisation of the media reports of a conference hosted by NEITI in Abuja on Monday,’’ he said
Orji said that the focus of the conference was on how to ensure better implementation of NEITI’s audit recommendations, address the lingering issues in the extractive sector, and improve optimisation of Nigeria’s extractive endowments for the benefit of all Nigerians.
“The conference was not a fault-finding or political event.
“It was a solution-oriented gathering with good representation and useful contributions from government agencies (including NNPC, DPR, CBN, PPPRA etc), the private sector, civil society, academia, and the media,’’ he added.
He noted that information shared for discussion was not only historical, but also not new.
He further stated that there was no data shared and discussed at the conference that had not been made public over time, most notably in the NEITI Policy Brief on unremitted funds released in April 2017 and in the NEITI 2015 industry audit reports released in December 2017.
“Those who follow discussions on these issues closely would also be aware that various efforts have been made by different government institutions, including the Federation Allocation Accounts Committee (FAAC) and the National Economic Council (NEC) to ensure that NNPC and its subsidiaries address these legacy issues.
“It is noteworthy that at the conference yesterday, the NNPC team confirmed that many of the issues under reference have either been resolved or at advanced stages of resolution.
“ While NEITI awaits the outcome of its ongoing audits for 2016 and 2017 to provide update on these and other issues, it is wrong to deliberately distort data from NEITI’s audits and the issues arising from them for sensational or political purposes,’’ Orji said.
He appeal to the media and the civil society as key partners in the NEITI process to always cross-check to ensure that facts align with the issues before publication.(NAN)
The Nigeria Governors’ Forum (NGF) on Tuesday agreed to pay a national minimum wage of N22,500 from the existing N18,000.
The Chairman of the Forum and Governor of Zamfara State, Abdul’aziz Yari disclosed this while briefing newsmen at the end of its 2nd emergency meeting held in Abuja.
Yari said that the decision was arrived at after a briefing from the forum representatives at the Tripartite Committee.
He said that the welfare of all Nigerians is the ultimate concern of the governors, saying in all our states, we are concerned about the deteriorating economic situation experienced by the vulnerable segment of our population.
He said that in agreeing to a National Minimum Wage, the Forum was even more concerned about development, particularly in the health, education and infrastructure spheres.
“It is therefore our considered position that since the percentage of salaried workers is not more than five per cent of the total working population, our position must not just reflect a figure, but also a sustainable strategy based on ability and capacity to pay, as well as reflective of all our developmental needs in each State.
“After all, Section 3 of the National Salaries Income and Wages Commission Act provides that “the Commission shall recommend a proposition of income growth which should be initiated for wage increase and also examined the salary structure in public and private sector with reasonable features of relativity and maximum levels which are in consonance with the national economy”
“It is in this sense that we feel strongly that our acceptable minimum wage must be done in such a way that total personnel cost does not exceed 50 per cent of the revenue available to each State.
“Governors therefore agreed to pay a national minimum wage of N22,500.”
The meeting with the governors were the Minister of Labour and Productivity, Dr Chris Ngige and the Minister of Budget and National Planning, Sen. Udoma Udo Udoma.
Some of the governors at the emergency meeting were Kebbi, Ebonyi, Imo, Lagos, Plateau, Osun, Ekiti, Ogun, and Nasarawa represented by Deputy, Adamawa.
The Organised Labour had scheduled Nov. 6 to embark on nationwide strike to compel government to peg a new minimum wage at N30,000.
The leaders of Nigeria Labour Congress (NLC), Trade Union Congress of Nigeria (TUC) and United Labour Congress of Nigeria (TUC), on Tuesday held mass protest across the country as part of sensitisation of workers and Nigerians for the planned industrial action.
Former President Goodluck Jonathan has commiserated with the family of the late Chief Tony Anenih, who died Sunday at the age of 85, describing him as a patriot and mentor to many Nigerians.
Jonathan stated this in a statement issued by his Media Aide, Mr Ikechukwu Eze, on Monday.
He described the death as the exit of the great nationalist and founding member of the Peoples Democratic Party (PDP) which was a sad loss to the party and the nation.
He said that the rich political experience, sincere patriotism and deep wisdom of late Anenih were qualities Nigerians still needed to cultivate for national cohesion, growth and development.
“Late Chief Tony Anenih was a great asset to our dear nation.
“For a long time, he remained a leading light in our party and in Nigeria’s political firmament, charting the course for peace, unity and the entrenchment of true democracy in our nation.
“Even in old age and in retirement Chief Tony Anenih continued to inspire and mentor younger politicians as a demonstration of his deep commitment to Nigeria’s growth and progress.
“He was indeed a leader with an exceptional knack for initiating well-considered strategies for political stability in the nation.
Jonathan said that Anenih served the country diligently in different capacities, distinguishing himself in the security systems, business, politics and peace-building.
“Anenih left a legacy of remarkable achievements through selfless service to humanity and deep commitment to peace, democracy, party loyalty and national unity.
He prayed God Almighty to provide succour to his family members, the government, people of Edo and others who mourn, and grant his soul eternal rest.
Similarly, the Social Democratic Party (SDP) said that the immeasurable contribution of late Anenih to the unity, peace and stability of the country is not hidden.
The party in a statement issued by its National Publicity Secretary, Alfa Mohammed, said that the deceased was known across Nigeria’s political spectrum for his stance for the unity and stability of the country.
“Chief Anenih was one of those who fought and earned our current democracy.
“He strongly believed that the unity and stability of the nation under a democratic government is not negotiable.
“This was vividly reflected in his past roles on related issues in the political history of our country.”
He added that the deceased would be remembered for living a life of tremendous service to the nation while serving as a senior police officer, National Chairman, SDP, in the aborted third republic, and former Works Minister.
“For his good deeds and contributions toward peace and stability of the country, his name would continue to appear in gold whenever the history of this country is being rewritten.”
The Presidency has assured Nigerians that there is no reason to worry about the outburst by Nnamdi Kanu, the disputed leader of IPOB on returning to the country “with hell’’.
Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity gave the assurance in a statement in Abuja on Tuesday.
The presidential aide restated that Nigeria under President Muhammadu Buhari was strong enough to defend its territory against any threat.
He said: “Instead, we see the re-enactment of his bizarre, episodic threat as a mere distraction which will not be allowed to detract from the existing cordial relationships between Nigeria and other countries.’’
According to him, the Buhari administration is in constant touch with other friendly nations and has the best assurances that they would continue to reciprocate the respect Nigeria has for the sovereignty of their nations.
“Nigerians have nothing to fear from this,’’ he added.
Kanu had threatened in one of his recent appearances that he would return to the country with hell.
Two foreigners — Mr Paul Piche, a Norwegian and Ms Charlene Cross, a Briton, revealed how Mr John Abebe, the brother of the late Stella Obasanjo, a former First Lady of Nigeria, allegedly forged documents to perpetrate a four million dollars fraud.
Abebe is facing a four-count charge of forgery, fabricating evidence, using fabricated evidence and attempt to pervert the cause of justice at an Ikeja Special Offences Court in Lagos.
He, however, denied the charges which were proffered against him by the Economic and Financial Crimes Commission (EFCC).
During Tuesday’s proceedings which started at 9.23 am and ended at 3.48 pm, Piche who was led on evidence by Mr Rotimi Oyedepo, the lead prosecuting counsel for the EFCC, at the start of his testimony, provided a background of his career.
Piche, describing himself as the Country Manager of Equinor, Turkey revealed that he was the Managing Director of Statoil Nigeria Ltd from 2016 to 2017.
“Equinor is an international oil and gas company it was formerly known as Statoil, its currently engages in activities in 36 countries of the world.
“I was responsible for the overall activities of Statoil in Nigeria, I know the defendant in this case and I know BP Exploration Ltd.”
Explaining Statoil’s business dealings in Nigeria he said: ”In 1991, Statoil Nigeria entered into a consultancy agreement with Inducon Nigeria Ltd (Abebe’s company) that continued till 1997 when the agreement was terminated.
“During the same period, specifically in 1993, Statoil entered into a Net Profit Interest Agreement (NPIA) and in 1995, the agreement ended.
“Statoil had further dealings with Inducon and in 2010, Inducon took out claims against Statoil at the Federal High Court.
“When I became Managing Director of Statoil Nigeria, my knowledge of Inducon was related to the ongoing court case.”
The Norwegian revealed to the court how the alleged forgery of the NPIA by Abebe was unravelled by Statoil.
“In 2010, Dr Abebe tendered a copy of the amendment letter between themselves (Inducon) and BP Exploration dated 1995.
“At that point, Statoil made enquiries from BP Exploration about the original amendment letter from 1995, such amendment letter was provided to Statoil from BP Exploration.
“When we made comparisons of the letter we received and the one that was tendered at the Federal High Court by Inducon and Dr Abebe we saw that there were a number of inconsistencies between the two versions,” he said.
Piche who was presented with the original and the allegedly forged NPIA revealed the discrepancies in the two documents.
“Annexure Two is the forged amendment letter tendered by Inducon and Annexure Three is the genuine version of the amendment letter that we received.
“In Annexure Three, the paragraph for the $4Million dollar buyout for production of oil does not exist but it exist in Annexure two.”
He said: “In Annexure Two the address of the National Westminster Bank which is in 2A Charing Cross Road is all on one line whereas if you look at Annexure Three, the same address is in two lines.
“The postcode of the address of the of National Westminster is WCTUH0PE with a Zero while on the Annexure Two the postcode is WCTHUHOPE with the letter `O’ which is a wrong postcode.
“In Annexure Two at the parenthesis, instead of i.e, capital L and a lower case e whereas in Annexure Three, in the parenthesis you will see a lower case i and a lower case.”
Piche also pointed out to the court that the paragraphs of page two of the forged document were not justified compared to the original where all the paragraphs were justified.
He informed the court that following the discovery, Statoil petitioned the EFCC and laid a complaint at the office of Vice President Yemi Osinbajo.
“On Dec. 14, 2016 we laid a complaint at the State House office of the Vice President because it was obvious to us that the amendment letter has been forged.
“The fabrication of the letter at the Federal High Court to pervert the course of justice and we had no option but to petition the EFCC and ask them to investigate the matter.
“We sent copies of the letter to the Honourable Office of the Vice President as well as the Honourable Office of the Attorney-General of the Federation,” he said.
While being cross-examined by Mr E.D, Onyeke, a member of Abebe’s defence team, Piche admitted to have no knowledge of forensics.
“I have a B.Sc. in Economics from the University of Warwick and a Masters degree in Economics from the London School of Economics.
“I’m not a forensic document examiner, I cannot tell the type of font used in the document,” he said.
He admitted to the court that his company did not take any legal action on the alleged forgery until 2016 after judgments were given at Federal High Court and Court of Appeal in favour of Inducon, Abebe’s company against Statoil.
“I’m aware of the judgment against my company at the Court of Appeal on June 5, 2012 and I’m aware of my company’s appeal at the Supreme Court,” Piche said.
Testifying, Ms Cross, the second prosecution witness, described herself as a legal practitioner and provided to the court her knowledge of the business contract.
“I’m the in-house lawyer, Assistant General Manager Dispute Resolution Projects and I’m a Solicitor working for BP Exploration on London. I manage all BP dispute globally with the exception of the U.S
“I know Inducon Ltd and Statoil Nigeria Ltd, I’m aware of the fact that there was a relationship between Inducon Ltd from 1990 to approximately 1992 onwards.
“I’m aware that there were two aspects to the relationship, the first consisted of a consultancy agreement and the second consisted of a NPIA which was signed on Nov. 12, 1993,” she said.
Cross told the court that the original NPIA signed by Inducon and BP Exploration in 1993 was available because it was archived by BP over the years.
“The original was contained in BP Archive System which is a very organised system in place which consists of documents finally executed and sent for safekeeping.
“The NPIA was sent to the BP Archiving System on Nov. 16, 1993 and it shows on the upper sheer that the Records Managing Unit received this document for safekeeping.
“There is a barcode in the document which identifies the BP Archive System,” she said.
Cross told the court that alleged $4Million buy out option could not be inserted by BP into the NPIA.
“It makes no sense whatsoever for BP to have inserted such language in the document, in 1993, the NPIA makes clear that the buy-out option is in force as long as the 1993 NPIA is in force.
“There is no reason for BP to have inserted this provision on this letter of intent at this stage. BP’s provision is that it never agreed to those wordings.
“The statement that it applied to a pre-production stage of the buy-out is incorrect. I don’t know how the document was put together but this is not a BP document.
“In the months prior to March 2018, BP was approached by the EFCC to ascertain the authenticity of some documents and thus culminated in me writing a statement to the EFCC on March 26,” she said.
Cross in her testimony, also corroborated the evidence of Piche by describing details of the document that revealed the alleged forgery.
On cross-examination by Onyeke, Cross admitted to not being trained forensic document examination, she also revealed that she made her statement to the EFCC while in London.
Earlier during the trial a member of Abebe’s defence team, Mr Uche Nwokedi (SAN) via a Motion on Notice brought pursuant to Section 36 of the 1999 constitution sought to strike out the charge against Abebe.
Nwokedi said the allegations raised by the EFCC in the charges were allegations which were previously raised in suits at the Federal High Court and Court of Appeal.
Opposing the application, Oyedepo urged the court to strike out the application because it lacked merit.
“There were two judgments at the Federal High Court and Court of Appeal, however there were no pronouncements freeing the defendant from the allegations before the court,” Oyedepo said.
In her ruling, Justice Mojisola Dada dismissed the application of the defence, saying :”Nothing can be gleaned by ousting the jurisdiction of this court, the application is hereby wanting and is hereby dismissed.”
According to Oyedepo, Abebe committed the offence on June 22, 2010 in Lagos.
“Abebe knowingly forged BP Exploration Nigeria Ltd’s letter dated Nov. 30,1995 to Inducon (Nigeria) Ltd.
“He committed the forgery by inserting in page two of the said letter the following words: “Also note that the ‘Buy-Out Option’ only applies to the pre-production stage of the NPIA. The $4million buy-out is thus irrelevant from production of oil in any of our fields.
“He purported same to have been issued by BP Exploration Nigeria Limited,” the EFCC prosecutor said.
The prosecution claims that the defendant used the allegedly forged letter as evidence in suit No. FHC/L/CS/224/2010 between Abebe, Inducon Nigeria Ltd and Statoil Nigeria Ltd. at the Federal High Court.
The evidence was admitted and marked exhibit BB in the suit.
According to the EFCC, the defendant through his actions attempted to pervert the course of justice.
The offences violated Sections 120(1), 120(2), 126(2) of the Criminal Code Law of 2003.
The case was adjourned till Oct. 24 for continuation of trial.
Philanthropist and ex wife of the Ooni of Ife Queen Zaynab-Otiti Obanor says there is grace in forgiveness as she has chosen to let go of any past hurt or grievances she felt against her former husband Oba Adeyeye Enitan Ogunwusi Ojaja II, the 51st Ooni of Ife.
The Ooni 3 days ago revealed the face of his new queen Shilekunola, Moronke, Naomi who is a prophetess to the world and this has got everyone talking as this is his 3rd marriage.
Zaynab posted the message of forgiveness on her page and legendary comedian Alibaba has since promised her lunch for this single act.
Alibaba wrote: For this post… No matter what anyone says, @hhzaynab, oya, come to Lagos, I owe you lunch in any restaurant of your choice.
See pictures of the Ooni’s former wives and the current one below…
The Ooni married his first wife Adebukunola Ogunwusi in 2007 before the union collapsed.
The Ooni of Ife married his 2nd wife Olori Wuraola Otiti who is from Edo state on March 12, 2016 and the marriage crashed in 2017.
on Wednesday, August 30, 2017, Olori Wuraola released a statement: “the Ooni and I are no more. I inhale love and exhale gratitude.”
Read the full statement here:
“We have got to stop this culture of shaming and vilifying women with false stories of infidelity & nefarious behavior. The spreading of false information (through “sources” afraid to be identified) is the mark of cowards and a cover up for guilty parties to justify their horrific actions. There is absolutely no truth to the media circulated lies of infidelity and infertility- on my end.
“What I can confirm, is that the Ooni and I are no more. I inhale love & exhale gratitude. My journey continues as a Humanitarian aiding women and victims of domestic violence & abuse with the United Nations. No matter how much time you’ve invested, no matter the use of media to silence & manipulate, no matter the circumstance, slander, embarrassment, threats and lies: Get out and seek immediate help!
“We’ve seen this movie before. Women being dragged in the press & blamed for everything under the sun. This behavior is unacceptable. I urge those involved to be mindful of their actions for the eyes of our Almighty God are always watching. The seeds of slander is a cancer that harvests to eat away the souls of the planter.
The throne is sacred and the attempts to tarnish the name of a Queen, in defense or on behalf of a silent King makes all involved look terrible. Remain dignified in all you do. It’s not the end of the world, but the start of a new chapter and you must turn the page with grace. The world is watching.
“As I bid adieu to this chapter, my wish to you all is to step into your lives – boldly & fearlessly, the way God intended and live not just by words, but through example. The best chapter in our lives is the one we are writing now. Thank you for your love and support.”
Shilekunola Moronke Oluwaseyi Naomi the Ooni’s 3rd wife is a prophetess and she is the minister in charge of En-Herald Ministries, an Inter denominational Christian ministry based in Akure, Ondo state.
He was arraigned before Justice Mojisola Olatoregun on an 11-count charge of violating the Money Laundering Act.
He was charged with his company Spotless Limited.
EFCC said Fayose and his associate Abiodun Agbele, who is facing a different charge, allegedly took possession of N1, 219, 000, 000 on June 17, 2014 to fund the former governor’s 2014 governorship campaign.
The commission said Fayose “reasonably ought to have known” that the money “formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”
The alleged offence is contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) and (4).
EFCC said Fayose, on the same day, received cash payment of $5million from then Minister of State for Defence Senator Musiliu Obanikoro, without going through a financial institution, the sum having exceeded the amount authorised by law.
The alleged offence, EFCC said, contravenes Sections 1 and 16 (d) of the Money Laundering (Prohibition) Act 2011.
The commission said Fayose benefited from N4.65billion slush funds allocated by the Office of the National Security Adviser (ONSA) under Col. Sambo Dasuki (retd.) during the Goodluck Jonathan Administration.
EFCC listed Obanikoro as one of 22 witnesses who will testify in the trial.
Obanikoro, EFCC said, will testify on how he transmitted the money to Fayose “during and before the Ekiti governorship election in 2014 around June 2014”.
The commission said Obanikoro had asked Fayose for an account to transfer the money.
Fayose was said to have sourced for an account belonging to Slyvan Mcnamara Limited domiciled in a new generation bank and forwarded it to Dasuki.
The EFCC said N200million was transferred to the account on June 5, 2014, followed by N2billion on June 16, 2014.
According to the commission, Fayose said N1.2 billion of the money should be made available in cash while the balance should be converted into the dollar, instructions that EFCC said were carried out by Obanikoro.
EFCC said about N1billion was converted to dollar and personally handed to Fayose. The balance of N1.2 billion was later withdrawn in cash and flown to Akure where Obanikoro handed it over to Agbele.
Fayose was also accused of retaining stolen N300million in his fixed deposit bank account and allegedly deposited stolen N317million in a bank account belonging to Spotless Investment Limited, a company controlled by him and members of his family.
In count five, Fayose allegedly took control of N305million between June 26 and August 27, 2014 in Lagos, keeping it in his bank account, when he ought to have known that the money “formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing.”
The prosecution said Fayose, between June 18 and 23, 2014, “did procure De-Privateer Limited and one Abiodun Agbele to retain in their an aggregate sum of N719, 490, 000.00 on your behalf, which sum formed parts of proceed of an unlawful act, to wit: criminal breach of trust/stealing.”
Fayose and Spotless Ltd were accused of buying a property on Plot 1504, Yedsema Street, Maitama, Abuja from one Rabi Kundili, with stolen N270million.
He was also alleged to have acquired chalets 3 and 4, 6 and 9 of the property at Plot 100, Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ Technical Service between November 12, 2014 and August 20, 2015, with an aggregate sum of N1, 151, 711, 573.
The sum, EFCC said, was proceeds of criminal breach of trust/stealing, an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3).
Fayoso also allegedly bought a property known as No. 44, Osun Crescent, Maitama, Abuja for N200million in the name of his elder sister, Moji Oladeji, between April 23 and 30, 2015, as well as a property known as Plot 1504 Yedseram Street, Maitama, Abuja, for N270million in the name of Spotless Investment.
EFCC said he bought the properties using part of the stolen funds.
In the last count, EFCC said Fayose, on or about January 30, 2015, did procure Still Earth Limited to retain in another bank account the sum of N132.5million.
The sum, said the prosecution, “formed part of the proceeds of your unlawful activity, to wit: gratification which you received from Samchase Nigeria Limited.”
The alleged offence is contrary to Section 18 (c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3).
Fayose pleaded not guilty to the 11-count charge.
A court official read the counts and asked Fayose: “Are you guilty or not guilty?”
He responded to each of them: “I am not guilty”.
The former governor arrived at the court premises at about 8.30 am, accompanied by EFCC officials and armed police officers.
He was all smiles as he stepped out of the white Hiace bus that conveyed him to the court.
Fayose sat in the bus for about 20 minutes before he was asked to disembark.
Armed policemen followed and barricaded him as he was led to the court from the bus driven inside the court premises.
As reporters scrambled to take his photographs, he smiled and told the security aides to allow the journalists do their job.
“Just wait for me to sit down so you can take finer shots. Afterall, they have to sell,” Fayose said jovially.
Fayose, smiling in the courtroom, was calm. He wore a pair of jeans and a checkered light blue and red shirt with a pair of black shoes and a pair of glasses.
Among those who accompanied Fayose to court was former Minister of Aviation Femi Fani-Kayode, who said he was in court “to show solidarity”.
Fani-Kayode, in green native attire, with a pink shawl and cap to match, said Fayose’s trial was a continuation of the Muhammadu Buhari administration’s persecution of Peoples Democratic Party (PDP) members.
Fayose’s lawyer, former Attorney-General of the Federation Chief Kanu Agabi (SAN), said he filed a bail application.
EFCC’s lawyer Rotimi Oyedepo said he needed time to respond.
Justice Olatoregun adjourned the bail hearing until tomorrow.
She ordered that Fayose be remanded in EFCC custody.
It has now been confirmed that former Ekiti governor Ayodele Fayose has been flown by the Economic and Financial Crimes Commission (EFCC) to Lagos, where he will face trial on Monday.
The governor was seen at the Nnamdi Azikiwe Airport on Sunday with an EFCC operative as he waited for a flight to Lagos.
Below is the 11 count Charge:
That you Mr. Ayodele Fayose and Mr. Abiodun Agbele (now facing another charge) on or about 17th June, 2014 in Lagos, within the jurisdiction of this Honourable Court, took possession of the sum of N1,219,000, 000.00 (One Billion, Two Hundred and Nineteen Million Naira) to fund your 2014 gubernatorial campaign in Ekiti State, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) and (4) of the same Act.
That you MR. AYODELE FAYOSE on or about 17th June, 2014 in Lagos, within the jurisdiction of this Honourable Court, without going through the financial institution received cash payment in the sum of $5,000,000 (Five Million Dollars) from SENATOR MUSILIU OBANIKORO, the then Minister of State for Defence, which sum exceeded the amount authorised by law and you thereby committed an offence contrary to Sections 1 and 16 (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 16 (2) (b) of the same Act.
That you MR. AYODELE FAYOSE on or about 7th April, 2015 in Lagos, within the jurisdiction of this Honourable Court, did retain in your fixed deposit account No: 9013074033 with Zenith Bank Plc, the sum of N300,000,000.00 (Three Hundred Million Naira) which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE and SPOTLESS LIMITED between 17th June, 2014 and 4th August, 2014 in Lagos, within the jurisdiction of this Honourable Court, took control of an aggregate sum of N317, 000, 000.00 (Three Hundred and Seventeen Million Naira) by depositing same into the Zenith Bank Plc’s Account No: 1010170969 belonging to SPOTLESS INVESTMENT LIMITED, a company controlled by you and members of your family and which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offencecontrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE between 26th June, 2014 and 27th August, 2014 in Lagos, within the jurisdiction of this Honourable Court, took control of an aggregate sum of N305,760,000.00 (Three Hundred and Five Million, Seven Hundred and Sixty Thousand Naira) in your Zenith Bank Account No: 1003126654 which sum you reasonably ought to have known formed part of proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE between 18th June, 2014 and 23rd June, 2014 within the jurisdiction of this Honourable Court, did procure DE-PRIVATEER LIMITED and one ABIODUN AGBELE to retain in their Account No: 1013835889 domiciled with Zenith Bank Plc, Apapa branch, Lagos, an aggregate sum of N719,490,000.00 (Seven Hundred and Nineteen Million, Four Hundred and Ninety Thousand Naira) on your behalf, which sum formed parts of proceed of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 18 (c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE and SPOTLESS LIMITED on or about 4th August, 2014, within the jurisdiction of this Honourable Court, did use the sum of N270, 000, 000.00 (Two Hundred and Seventy Million Naira) to acquire a property at Plot 1504, Yedsema Street, Maitama, Abuja from one RABI KUNDILI, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offencecontrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE between 12th November, 2014 and 20th August, 2015, within the jurisdiction of this Honourable Court, did use an aggregate sum of N1,151,711,573 (One Billion, One Hundred and Fifty One Million, Seven Hundred and Eleven Thousand, Five hundred and Seventy Three Naira) to acquire chalets 3 and 4, 6 and 9 of the property situate at Plot 100 Tiamiyu Savage Street, Victoria Island, Lagos in the name of JJ TECHNICAL SERVICE, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE between 23rd April, 2015 and 30th April, 2015 within the jurisdiction of this Honourable Court, did use an aggregate sum of N200,000,000.00 (Two Hundred Million Naira) to acquire a property known as No. 44, Osun Crescent, Maitama, Abuja in the name of MOJI OLADEJI (your elder sister), which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE between 23rd April, 2015 and 30th April, 2015 within the jurisdiction of this Honourable Court, did use an aggregate sum of N270,000,000.00 (Two Hundred and Seventy Million Naira) to acquire a property known as Plot 1504 Yedseram Street, Maitama, Abuja in the name of SPOTLESS INVESTMENT LIMITED, which sum you reasonably ought to have known formed part of the proceeds of an unlawful act, to wit: criminal breach of trust/stealing and you thereby committed an offence contrary to Section 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
That you MR. AYODELE FAYOSE on or about 30th January, 2015 within the jurisdiction of this Honourable Court, did procure STILL EARTH LIMITED to retain in its account with First City Monument Bank (FCMB), the sum of N132,500,000.00 (One Hundred and Thirty Two Million, Five Hundred Thousand Naira) for your benefit, which sum formed part of the proceeds of your unlawful activity, to wit: gratification which you received from SAMCHASE NIGERIA LIMITED and you thereby committed an offence contrary to Section 18 (c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act.
The Kaduna State Government has imposed a 24-hour curfew on Kaduna town and environs with immediate effect.
The Senior Special Assistant to the state governor on Media and Publicity, Mr Samuel Aruwan stated this on Sunday in Kaduna.
Manchester City did most of the damage in the second half against Burnley as they gave Joe Hart a busy day on his return to the Etihad, with just Sergio Aguero’s opener to show for their efforts in the opening 45 minutes of yesterday’s Premier League match.
Bernardo Silva and Fernandinho scored within two minutes of each other to put the game to bed just 10 minutes into the second half, before Riyad Mahrez and Leroy Sane put the finishing touches on another good day at the office for Pep Guardiola’s champions.
Neil Warnock got his first Premier League win for Cardiff as the Welsh side made the most of Fulham’s shocking defensive problems to climb off the foot of the table.
Josh Murphy and Bobby Reid cancelled out an early belter from Andre Schurrle before Ryan Sessegnon sent the teams in level at half time.Cardiff had scored just four goals all season but matched that tally against Fulham’s hapless rearguard as Callum Paterson and Kadeem Harris dragged them out of the relegation zone, above their opponents who have now let in 25 goals this season.
Newcastle slipped to the bottom of the Premier League as Beram Kayal scored the only goal of the game for Brighton to grab a rare win away from home.The Seagulls were the worst team in the division on the road last season but needed just one goal and some energetic defending to keep out Rafa Benitez’s miss-firing Newcastle attack.
Erik Lamela scored the only goal of a tight derby at the London Stadium, with Tottenham being forced to hang on for grim death at the end of the game to grab all three points.
The Hammers had 10 corners and four shots on target, double the amount Spurs managed, but could just not find the finishing touches as Mauricio Pochettino’s side moved level with Chelsea just two points off the leaders.
Wolves’ fine run ended in disappointing fashion as two goals in a minute from Etienne Capoue and Roberto Pereyra gave Watford the three points to move them above their opponents into seventh.
It was just a second defeat of the season and the first at home for Nuno Espirito Santo’s side, which had previously conceded just once in the last five Premier League games.
There was not much to write home about down at the Vitality Stadium as the South Coast rivals, Bournemouth and Southampton played out a stalemate with plenty of huff and puff but little goal mouth action.The Cherries had the best of the game but could not find a breakthrough as they remain in sixth place in the table, with the Saints down in 16th.