Business
Finance Minister, Public Accounts Committee Meet To Strengthen Financial Accountability
Joel Ajayi
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reaffirmed the Federal Government’s unwavering commitment to achieving a robust and transparent financial management system, even as he assured of the full implementation of the 2024 budget.
The Minister gave the assurance in his office in Abuja today, when he met with the House of Representatives Public Accounts Committee led by its Chairman, Honourable Bamidele Salam.
The discussion focused on fostering collaboration to enhance transparency and efficiency across the Ministries, Departments and Agencies (MDAs) of the Federal Government.
Key points from the Chairman’s address to the Honourable Minister include:- An update on numerous hearings with MDAs, addressing auditor reports and compliance issues.- The Chairman identified major gaps in the accounting systems and internal controls of various MDAs.- He emphasised the importance of blocking revenue leakages to strengthen national finances.- A proposed structural reorganisation and training programs for auditors and- The Chairman urged for accelerated implementation of the 2024 budget to ensure effective performance.
With the collective efforts of the Federal Ministry of Finance and the Public Accounts Committee of the House of Representatives, Nigeria is poised towards achieving a robust and transparent financial management system, blocking revenue leakages and strengthening national finances.
This collaboration is a significant step towards ensuring effective performance and accountability in the management of public funds, thus ensuring a brighter future for all Nigerians
Other Honourable Members in attendance included Jeremiah Umar, Daniel Asama Ago, Matthew Nwogu, Aliyu Bappa, Nyampa Zakaria Dauda, Kuye Ademorin, Akiba Bassey, and Olatunji Akinosi.
Business
Court Orders Arrest Of Wike-led FCTA Director, 10 Others
By Aliyu Galadima
An Abuja High Court has issued a bench warrant against the director of investigation and prosecution of the FCTA, Joseph Eriki, and 10 others.Justice Suleiman Belgore has issued an order to compel the director and others to appear before the court for a suit filed against them.
The Judge’s decision followed the application of the prosecuting counsel, David Kaswe, who lamented the failure of the efforts to ensure that the suspects appear in court.
Justice Suleiman Belgore of the High Court in Abuja has issued a warrant of arrest against Joseph Eriki, the director of investigation and prosecution of the Nyesom Wike-led Federal Capital Territory Administration ,FCTA, and 10 others.
The judge had issued the order to compel the appearance of Joseph Eriki and 10 others before the court, as they had been arraigned in a suit filed against them by the federal government.
The warrant was issued following an application by the prosecution counsel, David Kaswe, who stated that all efforts to ensure the suspects’ presence in court had failed. Kaswe informed the court that the prosecution had made several attempts to notify the suspects’ lawyers and sureties, but to no avail.
He cited Section 124 of the Administration of Criminal Justice Act ,ACJA, which allows for the issuance of a bench warrant to compel attendance in court.
The court agreed to the application, issuing the warrant to ensure the suspects’ appearance for arraignment on a six-count charge. The charges against the suspects include criminal conspiracy, criminal trespass, forgery, and using a forged document as genuine.
They are also accused of using criminal force to deter a public servant from performing their duty. The suspects allegedly entered a plot of land belonging to Etha Ventures and constructed structures without authorisation, to defraud the company.
According to the prosecution, the suspects fraudulently obtained a consent judgment for the land, which was given to Super Structures Limited. The case has been adjourned until June 4 for arraignment.
The court’s decision to issue a bench warrant highlights the seriousness of the allegations and the need for the suspects to face trial. The suspects are facing a six-count charge, which was filed in February.
The court’s ruling emphasises the importance of a speedy trial and the need for the suspects to be held accountable for their actions.
With the bench warrant in place, the court is taking steps to ensure that the suspects appear in court and face the charges against them
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