Featured
Trial Of Ex-AGF Adoke Resumes In Abuja
The trial of the former Attorney-General of the Federation, Mr. Mohammed Adoke has resumed in Abuja.
The former AGF will be arraigned today alongside Aliyu Abubakar who is an Abuja based businessman, before Justice Inyang Ekwo of the Federal High Court.
During the last sitting, the defendants pleaded not guilty to a 14-count charge filed against them bordering on money laundering.
The Economic and Financial Crimes Commission (EFCC) had in June filed an additional seven charges against the former AGF over money laundering allegations involving about N400 million.
Mr Adoke’s trial was expected to begin last week but it was stalled due to the amended charges.
The initial charge contained seven counts, with six of them relating to Mr. Adoke.
At the resumed trial, the prosecutor, Bala Sanga, informed the court of an amended charge he filed on July 29 which was served on all the defendants.
The trial judge, Justice Ekwo who frowned at the late filing of the amended charge adjourned the trial on the ground that he is yet to sight the amended charges.
In the former seven counts, the EFCC alleged that the defendants committed the money laundering offences involving over N400 million in Abuja, in September 2013.
In the counts relating to Mr Adoke, he was accused of among others, receiving the dollar equivalent of N300 million from Abubakar, paying the dollar equivalent of N367,318,800 to one Usman Mohammed Bello, and allegedly using the sum of N300 million, which was alleged to be part of the proceeds of unlawful activities, all in violations of various provisions of the Money Laundering Prohibition Act, 2011.
He was also accused of making “structured cash payments, in 22 tranches” amounting to N80 million, another of such structured payments in 13 tranches summing up to N50 million into his Unity Bank account.
The commission alleged that the funds were not only part of the proceeds of unlawful acts but they also exceeded “thresholds outside a financial institution,” and that the payments were done with the intention of concealing the origins of the funds contrary to Section 15(2(a) of the Money Laundering Prohibition Act 2011 and punishable under section 15(3) of the same law.
The former AGF was granted bail by the Federal High Court in Abuja on February 10, 2020, in the sum of N50m with one surety in like sum.
Featured
CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
-
Featured6 years agoLampard Names New Chelsea Manager
-
Featured5 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured3 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports2 years ago
TINUBU LAMBAST DELE MOMODU
-
News1 month agoZulu to Super Eagles B team, President Tinubu is happy with you
-
Featured5 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
