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Reps Summon CBN Governor To Provide Details Of Recovered Loot

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Emefiele Sick, Can't Meet With Reps - CBN

Reps Summon CBN Governor To Provide Details Of Recovered ntral Bank of Nigeria (CBN) Governor Godwin Emefiele has been summoned by the House of Representatives to provide details of recovered loot.

The Sultan of Sokoto, Sa’ad Abubakar III, recently told President Muhammadu Buhari to explain to Nigerians what he did with recovered loot.

The parliament’s ad hoc committee investigating the assessment and status of recovered loot on Thursday issued the summons.

Adeogun Adejoro, the committee chairman, who issued the summons in Abuja, said the panel needed to know the number of recovered assets and where they are kept. But Finance Minister Zainab Ahmed told lawmakers she did not know the number of accounts used to keep the recovered loot.

She, however, said the ministry had a record of recovered loot and the amount that had come into the account.

She stated that N50 billion was provided from recovered loot to fund the 2020 budget, adding that there were two types of recovery accounts – interim forfeiture and final forfeiture accounts.

She revealed that the investigation had not been concluded in the case of interim forfeiture, adding that the federal government could not touch such money, and until investigations were concluded, the government could not spend the money.

She explained that the government borrowed from recovered loot to fund its operations, adding that the unusual circumstances the country found itself had made it difficult to pay back the loan.

Ahmed, however, said the government was hoping to pay back in the 2022 budget.
Ahmed Idris, the Accountant General for the Federation, said the government linked all accounts of all agencies responsible for recovered loots to the Treasury Single Account (TSA).

He stated that no government agencies could claim to own the recovered loot because it belonged to the federation account because they recovered them.
He further said the government used some of the recovered loot for budget implementation.
NAN

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BREAKING: Abacha’s Ex-chief Of Staff Oladipo Diya Dies

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Diya

Retired Lt.General Donaldson Oladipo Oyeyinka Diya, the former Chief of Staff in General Sani Abacha’s military government, is dead.

His death was confirmed by Prince Oyesinmilola Diya. He said the former military administrator of Ogun State passed on to glory in the early hours of 26th March 2023.

Born on the 3rd of April, 1944, Diya was military Governor of Ogun State after the Buhari-Idiagbon coup of December 31st, 1983.

Diya joined the Nigerian Defence Academy, Kaduna and fought during the Nigerian Civil War.

He later attended the US Army School of Infantry, the Command and Staff College, Jaji (1980–1981) and the National Institute for Policy and Strategic Studies, Kuru.

While serving in the military, Diya studied law at Ahmadu Bello University, Zaria, where he obtained an LLB degree, and then at the Nigerian Law School, where he was called to bar as Solicitor and Advocate of the Supreme Court of Nigeria.

He held other top military posts like GOC, 82 Division and finally the Chief of General Staff (military Vice President) to Gen Sani Abacha

The statement read: “On behalf of the entire Diya family home and abroad; we announce the passing on to Glory of our dear Husband,Father, Grandfather,brother, Lt- General Donaldson Oladipo Oyeyinka Diya (Rtd) GCON, LLB, BL, PSC, FSS, mni.

“Our dear Daddy passed onto glory in the early hours of 26th March 2023. Please keep us in your prayers as we mourn his demise in this period. Further announcements will be made public in due course.

“Barrister Prince Oyesinmilola Diya, on behalf of the family.”

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Breaking: Appeal Court Retains Adeleke As Osun Governor

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BREAKING: Adeleke Freezes Osun Accounts , Reverses Appointments After Swearing In As Governor
Governor Adeleke

The Court of Appeal sitting in Abuja has vacated the tribunal judgement that nullified the election of Governor Ademola Adeleke of Osun State.

The appellate court, in a unanimous decision by a three-member panel of Justices, on Friday held that the appeal Adeleke lodged to challenge his sack by the Osun State Governorship Election Petition Tribunal, was meritorious.

Aside from setting aside the judgement of the tribunal, the court, in its lead judgement that was delivered by Justice Mohammed Lawal, awarded N500, 000 cost against the All Progressive Congress, APC, and its candidate, Gboyega Oyetola

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BREAKING: PDP Suspends Anyim, Fayose

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Anyim and Fayose

Former governor of Ekiti State, Ayodele Fayose; former president of the Senate, Pius Anyim; Prof Dennis Ityavyar and Aslam Aliyu were on Thursday suspended from the Peoples’ Democratic Party (PDP).

The PDP made the suspension on Thursday after an extensive review of the affairs of the party, pursuant to the provisions of the PDP Constitution (as amended in 2017).

The PDP also referred the Governor of Benue State, Samuel Ortom, to the National Disciplinary Committee over his reported involvement in anti-party activities.

This was disclosed in a statement signed by the National Publicity Secretary, Debo Ologunagba.

“The PDP urges all leaders, critical stakeholders and teeming members of our party across the country to remain united and focused at this critical time,” the statement added.

 

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