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Coalition writes Buhari, demand immediate sack of Emefiele

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***asks for probe into weighty allegations on terrorism financing, corruption

Coalition for Transparency and Economic Reforms (COTER) comprising of 259 anti-corruption, civil society and human rights groups spread across the country has written to President Muhammadu Buhari asking him to immediately relieve him of the position as CBN governor over over weighty allegations on terrorism financing, corruptiont
Emiefiele had been in the eye of the storm at the outset of the Presidential Primaries when he came under barrage of attacks for purchasing the ruling Party, (APC) Presidential nomination form to contest for presidency.
He had also been dragged over alleged terrorism financing, corruption and sundry other issues which seemed to have died down until the renewed hostility by the Coalition on Wednesday
In a letter which was addressed to the President of the Senate, Ahmad Lawan, jointly signed by the Coalition President and  general secretary Dr Peter Chima Chukwu and Mallam Auta Ibrahim respectively, the Coalition drew his attention to a petition it had earlier sent to the office of the President Muhammadu Buhari on the damning allegations against the Governor of Central Bank of Nigeria, Mr Godwin Emefiele.

A copy of their petition which was attached to the letter addressed to Lawan, reads,

“Mr President, COTER will therefore like to use this medium to demand your immediate action against the perennial and persistent fraudulent activities of Mr Emefiele, in cahoots with some other Nigerians, in siphoning the public money in the custody of the CBN under various phoney headings, especially since 2015 when your administration came into office.

“The unabashed corrupt stance of the CBN Governor and his cohorts leaves very bad taste in the mouth!

“It is public knowledge that Emefiele began to perpetrate these monumental frauds immediately he got into office and only became more daring and unperturbed under your administration.

“It is a well-known fact that the CBN Governor has been colluding with some corrupt individuals to move huge public funds from the apex bank’s into personal accounts without the knowledge of the Federal Government.

“We are aware that according to the various security reports before you, Emefiele has siphoned hundreds of trillions of Naira under your watch from the CBN using various guises since 2015. Mr President, this is highly scandalous!

“Sir, it will shock you to understand that these monumental frauds being perpetrated at the CBN are the reasons for the various harsh and anti-people monetary policies being foisted on Nigerians by Emefiele and his cohorts.
“These inhuman monetary policies are kegs of gunpowder being heated and the results of which will be nothing but renewed agitations, perennial restiveness, wanton violence and needless destruction as well as the general insecurity and social maladies that your administration has been battling with since 2015.

“Mr President, sir, the disgrace the CBN has brought upon the person of Your Excellency, your administration and the entire Federal Government, going by the Supreme Court’s recent pronouncement on Emefiele’s controversial new monetary policy, cannot be imagined!
“The reversal of the CBN policy by the apex court, after Emefiele had subjected all Nigerians to excruciating pains and sufferings, has no doubt detracted so much from the laudable achievements already recorded by your administration in the past seven years.

“Your Excellency, that your administration has exercised serious caution and restraints regarding taking action over the monumental damning allegations of corruption against the CBN Governor is confounding!
“But now that the elections are over and your administration is less encumbered, COTER humbly requests Your Excellency to immediately look into the various security reports on Emefiele and act on them to save your hard-earned reputation as an incorruptible leader popular for waging consistent war against corruption and graft.

“You are already aware of some of the damning allegations of terrorism financing and corruption that the Department of State Services (DSS) has been investigating Emefiele for.
“These allegations, which are already in public domain, are also contained in the reports the security agencies have already submitted to your office and also contained in court records.

“According to these report, Your Excellency, preliminary investigations have revealed Emefiele’s involvement in various acts of terrorism financing, fraudulent activities and economic crimes of national security dimension.

“But it will interest Your Excellency to learn that the CBN Governor has continued to employ all means to escape arrest and interrogation by the DSS. For example, Mr. Emefiele recently delayed his return to Nigeria after a trip abroad.
“He also engaged some highly placed persons in the Presidential Villa to help him to prevail on the DSS to let him off the hook.
“The CBN governor has also been employing propaganda through sponsored organised public protests and demonstrations by Civil Society Organisations (CSOs), all in a bid to stop his investigations and prosecution by the DSS.
The group alleged further that some of

President Buhari’s close confidants and associates were alleged to be the arrowheads of the highly influential and powerful politicians pressuring the DSS DG, Yusuf Bichi to let go of Emefiele, resulting in the inability of the secret police to interrogate the apex bank boss on the allegations leveled against him.

“Your Excellency, unknown to the CBN Governor, while he was out of the country recently, we are aware that the DSS interrogated and obtained documentary evidence against him (Emefiele) from some CBN directors and commercial banks’ Managing Directors/CEOs.
“It was in the course of these widened investigations that the DSS unearthed 12 fresh allegations against the CBN Governor; which are also obtainable in the public domain.

“Mr President, sir, it is contained in the reports already on your table that during interrogation, CBN external auditors, who have been working for the apex bank in the past six years, “gave evidence under caution” and provided documents to back their claim that Emefiele paid them to prepare “doctored audit reports” which the Federal Government has inadvertently been relying upon in the past six years. Your Excellency, according to the reports, the CBN under Emefiele has been issuing fraudulent Financial Statements since 2015 that you were elected the President. “Not only that, Your Excellency, Emefiele has also been misleading CBN Board members on the true financial position of the apex bank and its implication for the Nigerian economy. Mr President urgent and drastic action must be taken against the CBN governor so that your administration does not leave office in disgrace and shame in the next few weeks.

“Your Excellency, we are aware that the DSS reports on Emefiele also revealed that all the financial figures Nigeria, through the CBN, has been transmitting to the IMF, World Bank, DFID and other global financial organisations, have been discovered to be cooked up, misleading and unreliable.
“Infact, international report on Nigeria stated that some major international financial institutions have continued to express serious concerns at the crass recklessness of the CBN Governor.

Your Excellency, it will also interest you to know that Emefiele decided to sack the leadership of some Nigerian commercial banks on the eve of the recent presidential election held on February 25, 2023, but the circular sacking the bank CEOs was signed by the CBN Director of Financial Policy and Regulation Department, Chibuzo A. Efobi, rather than the apex bank boss himself. “There is no more to this sir! This particular circular, sir, did not make any reference to any CBN Board meeting where the matter was deliberated upon before taking the decision to sack the bank chiefs.
“Mr President, sir, there are extant laws that deal with Corporate Governance in Nigeria to which CBN must adhere to. This has been violated by Emefiele.
“Sir, this CBN circular on the sacking of bank CEOs is inconsistent with the laws. Your Excellency, sir, Emefiele has been operating as if he is the president of a separate country within Nigeria. Or did you direct the CBN governor to order the bank chiefs to resign their positions?
“For your information, these same bank CEOs are the ones keeping stolen funds for Emefiele. The reality is that the CBN governor wants them to leave so that it will look as if nothing has happened between them.
“”I these bank CEOs resign now as being ordered by Emefiele, they will run away abroad with the funds looted from the CBN treasury and it will be very difficult to get them back into the country to answer for their atrocities. Therefore, no bank MD/CEO or Chairman or Director should be allowed to resign from office now!  

“The security agencies have been constrained to take the appropriate steps to investigate Emefiele because of his claim to having secured a Presidential Order directing CBN officials not to honour any invitation by the DSS because of an existing court injunction barring the security agency in particular from questioning him.
“This claim by Emefiele has forced the security agency to stop the investigation of the apex bank boss. Your Excellency, this anomaly must be corrected now to avoid a situation  where the incoming administration will heap the blame for the heist perpetrated by Emefiele and for allowing him to go scot-free on you and your government.
“The credibility of your person and administration will be called to question by the time the incoming administration has access to the documents detailing the heinous financial atrocities currently being perpetrated at the CBN by Emefiele and his cohorts.

“We are aware that during investigations, it was discovered that the controversial Ways and Means approval requested by the Finance Minister was not the N23.7trillion presented to the National Assembly.
“Your Excellency, Ways and Means figures presented by Emefiele to the National Assembly for approval late last year is fraudulent as it is incorrect.
“The Federal Government never bothered to scrutinise the over-inflated figures. Mr President, in the past six years, Emefiele has consistently been breaking the law by exceeding his Ways and Means limits. Mr President, the question is who gave Emefiele the approval to break the law? This question is urgently begging for an answer from you, sir.

“We are aware that the reports on your table have also indicated that some of the new allegations Emefiele is being investigated for by the DSS include the $3.6m COVID-19 palliative funds given to Nigeria by the IMF two years ago to cushion the effects of the pandemic.

“Sir, on the diverted $3.6m IMF COVID-19 palliatives, the world financial body wrote the Office of the Accountant General of the Federation last week to inform them that they are sending an audit and forensic team to the country to investigate how the money was spent by Your Excellency’s administration.”

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Group says EFCC chairmanship is not birthright of the North

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***condemns campaigns to remove chair

***Urges Bello to be courageous to face charges

A Civil Society group, Vanguard for Credible Representation has raise the alarm over plots in some quarters to remove the Economic and Financial Crimes Commission (EFCC) Chairman, Olanipekun Olukayode from office.

The chairman of the group, Comrade Akintoye Oyeniyi while addressing a press Conference in Abuja on Wednesday accused some elements in the Northern part of the country for masterminding the persistent push to remove the EFCC boss from office in their believe that the Chairmanship position of the anti-graft agency is the “birthright” of the North.
He said before the emergence of Comrade Akintoye the North have been holding sway in rotating the position among themselves as if it is their exclusive preserve.
The chairman fingered those at the receiving end of the redefined war against graft in the country by the new czar as being behind the plots.
He condemned the attacks on the EFCC boss, cautioning strongly that push for sectional interest portends grave danger for Nigeria’s fragile body polity and unity, stressing that it could also diminish the integrity of the fight against corruption in the country.

“The Vanguard for Credible Representation seizes the occasion to call on the former Governor of Kogi State, Yahaya Bello to toe the part of honour by making himself available to face charges of alleged corruption leveled against him by the EFCC
Akintoye Oyeniyi cautioned the immediate past Kogi Governor to desists from the antics of deploying delay tactics to hide from the law.

“We are all aware that the leadership of the country’s focal anti-graft agency, the Economic and Financial Crimes Commission, (EFCC), has experienced shake-up since the assumption of President Bola Ahmed Tinubu in office on May 29, 2023.

“This shake-up began on June 14, 2023, when the President suspended the then EFCC Chairman, Mr. Abdulrasheed Bawa indefinitely as the anti-graft agency boss, to allow for proper investigation into his conduct while in office following weighty allegations of abuse of office levelled against him.
“Consequent upon the suspension, the President subsequently directed the Director of Operations at the Commission, Mr. Abdulkarim Chukkol, to step in as Acting Chairman, a position the Borno State-born administrator served in for four months before the President, on October 12, 2023, eventually appointed Mr. Olanipekun Olukoyede as the substantive Chairman.”
Explaining further he said the anti-graft agency of recent, has justified the confidence reposed in it through its newly invigorated war on corruption on all fronts.
He said that renewed vigor which has not only yielded more repatriation of stolen funds and convictions but ultimately geared towards rehabilitation of convicted offenders and enlightenment of Nigerians, to turn away from actions inimical to the economic prosperity of the Federal Republic of Nigeria. 
He express sadness that while everyone is expected to appreciate and stand behind the new EFCC in its renewed commitment and approach to the war against corruption some corrupt elements now feeling the heat are surreptitiously weaving machinations, including  politics of geographical divide, to remove the new EFCC czar.
He said the RFCC boss and his team have brought on board courage, fecundity of fresh ideas, vision and clear-cut focus to pilot the affairs of the agency for national development.
“It is pertinent to inform the public that this ploy will not only bring about direct chaos on the fragile body polity of the country but also a solid support for corruption to continue to feed on our country’s economy and thereby exacerbate the already exorbitant living in Nigeria. 

He called on the EFCC not to be distracted by the shenanigans of the few corrupt elements, but to press on with the current energy, resolve and enthusiasm in its pursuit of efficiency in its statutory mandate.
“W are equally sending notice to those behind the plot, to drop their ploy and instead, repent and join other Nigerians and the government in giving necessary support to stem corruption in our country. 

“For us at VFCR, we shall continue to mobilise Nigerians in support of the Commission on its fights against corrupt practices and appropriately caution it if ever and whenever it is found wanting.”

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Timi Frank hails EFCC for pursuing arrest of Bello

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***Calls for Expanded Anti-Corruption efforts to involve other former governors, ministers

The efforts of the Economic and Financial Crimes Commission (EFCC) to apprehend and prosecute former Kogi State Governor Yahaya Bello has been applauded by former Deputy National Publicity Secretary of the All-Progressives Congress (APC), Comrade Timi Frank.

Speaking in Abuja, Frank urged the Commission to broaden its investigation to include other allegedly corrupt individuals, particularly former governors, ministers, and public officials associated with both the past administration of ex-President Muhammadu Buhari and the current administration of President Bola Tinubu.

Frank reiterated the importance of extending the probe to avoid giving the impression that the EFCC’s actions against Bello were merely a witch hunt.

While commending the EFCC’s steps to hold Bello accountable, Frank highlighted the need for equal scrutiny of other individuals accused of corruption.

“We commend the EFCC for its efforts in pursuing Yahaya Bello’s prosecution. However, we urge the agency to also investigate other former governors, including Minister of the Federal Capital Territory (FCT) Nyesom Wike, whose alleged corrupt practices have been reported to the EFCC,” said Frank.

Otherwise, their efforts to apprehend Bello and bring him to trial would appear to be a deliberate and malicious witch hunt simply because he contested the Presidential primary election of the All-Progressives Congress (APC) against President Bola Tinubu.

Furthermore, we have yet to witness the arrest of several allegedly corrupt public officials who served under ex-President Muhammadu Buhari, despite petitions against them before the EFCC.

These individuals include former Attorney-General of the Federation and Minister of Justice, Abubakar Malami; former Governor of Benue State, Samuel Ortom; former Governor of Abia State, Okezie Ikpeazu; former Minister of Aviation, Hadi Sirika, among others.

Additionally, there are those like former personal assistant to President Buhari, Tunde Sabiu; former Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jamoh; immediate past Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami; the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Dr. Mele Kyari; and Senate President Godswill Akpabio, who remain unprosecuted.

Similarly, former Minister of Finance, Budget and Economic Planning, Zainab Ahmed; former Director General of the Nigerian Ports Authority and current aide to President Tinubu, Hadiza Bala-Usman; former Governor of Ebonyi State and present Minister of Works, Dave Umahi; and former security chiefs who are the subject of petitions before the EFCC continue to evade prosecution.

Frank, representing the United Liberation Movement for West Papua (ULMWP) in East Africa and the Middle East, emphasized that by bringing these individuals to court to face trial, the EFCC would demonstrate to Nigerians that their actions against Bello are not politically motivated.

He said: “Someone like Wike has a petition against him before the EFCC, but they have never invited him to defend allegations against him. Is it because some of these people supported and campaigned for Tinubu to emerge President in 2023 that makes them untouchable?”

He acknowledged that the EFCC’s action against Bello is a positive step in the fight against corruption. However, he emphasized the need for the EFCC to show the same level of commitment in addressing allegations against other corrupt individuals.

He added: “For instance, we have seen the recent revelation of the Governor of Abia State, Alex Oti, against the former governor of the State, Okezie Ikpeazu, concerning humongous money paid for the construction of a non-existent airport and other bogus projects by the immediate past administration in Abia state.

The activist, who hails from Bayelsa, asserted that the failure to prosecute former governors and ministers accused of corruption would undermine the credibility of the anti-corruption efforts.

He criticized the EFCC for appearing selective in its prosecutions, targeting only those who may not be in favour with the President.

He pointed out that individuals who support the current administration seem to evade prosecution while those critical of it are pursued. He warned that if the EFCC continues to neglect its duty to investigate allegations against individuals like Nyesom Wike, they will make the petitions public to shed light on their actions while in office and compel the EFCC to take action.

Hence, we urge the EFCC to demonstrate its commitment to combating corruption in Nigeria by actively pursuing all individuals accused of corrupt practices, not just a select few. If the EFCC truly aims to gain the trust of both Nigerians and the international community in the fight against corruption, it must extend its investigations to all relevant parties mentioned. Additionally, we demand swift prosecution of those implicated in corruption allegations to ensure accountability and fairness.

Furthermore, we call upon the EFCC to cease the harassment and intimidation of individuals like Yahaya Bello. Doing so will signal to the public that the EFCC is dedicated to upholding justice and integrity in Nigeria, thereby restoring faith in the anti-corruption efforts of the current administration.
END

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Akpabio congratulates new world chess record holder, Tunde Onakoya

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President of the Senate, Senator Godswill Obot Akpabio, has sent a message of congratulations to Nigeria’s Tunde Onakoya for the feay in setting a new world chess record and etching the country on the world map.
The Nigerian chess champion has broken the world record for the longest chess marathon after playing unbeaten for more than 58 hours in New York City’s Times Square to raise money for underprivileged children.
Akpabio’s congratulatory message ehich was signed by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh and made available on Sunday in Abuja described Onakoya’s achievement as typical of the audacity of Nigeria’s spirit of determination, hard work and resilience.
“My joy knows no bounds as I celebrate this young and adroit Nigerian, Tunde Onakoya, who is imbued with the Nigerian spirit of determination, hard work and resilience and has elevated our dear country in the comity of nations.
“On behalf of the Senate and the Nigerian National Assembly, my constituents in Akwa Ibom North West Senatorial District and my family, I heartily congratulate and rejoice with Tunde Onakoya on this onerous achievement.
“I followed closely while the competition was on and I must commend the brand-new world champion, Tunde for remaining steadfast despite the challenges he had during the journey.
“I am happy that the dream behind this laudable project is to raise funds for indigent African children to also, explore the opportunities that abound in the game of chess. This is a good way of grooming other champions and taking many children off the streets.
“I wish to use this opportunity to advise Nigerians, especially the youth to borrow a leaf from our latest hero- never to give up when they embark on a legitimate enterprise, no matter the obstacles. With youth like Tunde, Nigeria has greater hope to attain her potential”.

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