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Monday, December 25, 2023
Omoluabi Group Admonishes Nigerian Christians to be Christ-like in Honour of a Saviour.
Sunday, December 24, 2023
Hon Ogunsanya Lawrence, Ifedara LCDA Chairman-elect, Extends Christmas Wishes and Advocates for Unity.
CBN investigator’s report false, misleading -Emefielekķķikķ
CBN investigator’s report false, misleading -Emefielekķķikķ
Embattled former Governor of the Central Bank of Nigeria has denied a report by Central Bank of Nigerians Nigerians ’s private investigator, Jim Obazee, that he lodged £543, 482,213 in fixed deposits in UK banks alone without authorisation among other allegations.
Emefiele made this known Sunday night in a signed statement entitled, “Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks” which was made available to our correspondent.
The PUNCH had exclusively reported that Obazee revealed that the former CBN governor illegally lodged billions of naira in foreign currencies in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of the apex bank’s board of directors and the CBN Investment Committee.
However, Emefiele on Sunday said the report was misleading and a calculated attempt to disparage his person, injure his character and serve the selfish interest of the private investigator.
He said, “I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and serve the selfish interest of the private investigator.
“Because of my present situation, I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to address some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda
“First, it was reported that contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his own investigative team.
“Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.
“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.
“About two weeks ago, Jim Obazee in the company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers. I stated verbally and in writing that I have no knowledge of such a directive from the former president and the former SGF. In fact, I told them that that was the first time I would be seeing the documents. “On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.
“The final issue that I would like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings. The fixed deposits in those foreign accounts are definitely outside my knowledge.
“However, let me state clearly, that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.
“I, therefore, join well-meaning Nigerians who have spoken on this matter and have demanded a thorough and transparent investigation of all these alleged frauds.
“Meanwhile, I have instructed my lawyers to immediately commence the legal process to clear my name from the defamatory statements contained in the report and by extension the publications.”.
NPAN increases newspaper cover price January 2.
Emulate Chinese approach in tackling Japa syndrome, US group tells FG.
Don’t dabble into politicians fight, Wike cautions third parties.
Don’t dabble into politicians fight, Wike cautions third parties.
Minister of Federal Capital Territory (FCT) Nyesom Wike, yesterday spoke on the peace deal brokered by President Bola Ahmed Tinubu to resolve the political crisis in Rivers State.
He praised the President for intervening in the conflict, which had led to a chain of events, including the demolition of the House of Assembly complex, resignation of some members of the State Executive Council and protests by supporters of the two camps, led by himself and Governor Siminalayi Fubara.
Wike broke his silence on the resolutions in Port Harcourt, the state capital, while addressing a church congregation during a thanksgiving for George Kelly Alabo, who recently resigned as Commissioner for Works.
The service was attended by 27 members of the House of Assembly, led by Speaker Martins Amaewhule, and those who recently resigned as commissioners and special advisers.
Contrary to the position of some Rivers elders who faulted the presidential intervention, Wike insisted that President Tinubu deserved commendation for intervening in the crisis, stressing that his aim was to restore peace.
He said President Tinubu had earlier invited them privately and told them what they should do to end the crisis.
The minister warmed people to desist from involvement in conflicts between two politicians without first investigating the root causes.
He said: “We must thank Mr. President for intervening. I was not the one who invited Mr. President. You people were the one asking the President to intervene.
“Now, he has intervened and you are now saying he has no constitutional power. President has intervened to bring peace. No matter what circumstances, the President invites me to a meeting and tells me to do something within 24 hours I will carry it out.
“This is because not only as president, I have subjected myself to the peace process. Why is everybody shouting? Some of you didn’t even know that Mr. President had invited us privately and said do this. You agreed before Mr. President, but you didn’t do it. Then, Mr. President asked the larger state to come. We must tell ourselves this simple truth”.
Wike criticised some elders for trying to get their pound of flesh because those they supported in the last elections failed at the polls and at the Court of Appeal.
The Minister said: “In 2014 and 2015 when I wanted to be governor, two people invited me to their houses and said that the elders of the state wanted to see me. I went thinking they were the elders of the state.
“On getting there, I saw only two men. I said two of you are the elders of the state? They told me the elders had decided I should not run an election. I told them you must be joking. I left. The same people again have constituted themselves as elders of the state.
“Check everybody there, some of them, their sons lost elections; even lost at the court of appeal. Now, they have come to be elders of the state. Everybody wants to take their pound of flesh. Wike stopped me from not going here. Wike made me not to be this. Even those that Wike made had also joined them. That is the irony of the world”
The former governor faulted efforts to tribalise the crisis, saying that most people had forgotten that he was the architect of the entire process that produced the governor.
He said: “Let me use this opportunity to tell the church that blackmail is the easiest thing. Some of you may be reading what is going on. Sit down properly and ask yourself: can this be true? Power and money, if you are not careful, it can destroy you. It can also make you, depending on how you handle it.
“I have never one day done anything that will bring this state backward. It was during my time I fought many states to win back our oil wells. The money that comes from those oil wells is not in my pocket, but for the interest of the state. To show character when I was here, I never went to see the Federal Government. I was the only opposition to the Federal Government. I challenged them.
“I hear many people say we are from so place. But nobody remembered who was the architect. Now, you are telling us where you are from.
“All of us, irrespective of where you come from, know that the state belongs to all of us. There is nothing like Ijaw and there is nothing like Ikwerre. All I know is Rivers State.
“If you want to settle us, find out the facts, don’t just shout asawana. When we were choosing who will go, we never shouted asawana. All we said was come, you will go and represent us. That is how it was supposed to be.
“Part of governance is managing people. If you cannot manage people, you don’t have business being in government. It is not only road contract, management of people. If you can’t manage people, you don’t have business to be there. I have had my own crisis, I managed it and survived it. If you have yours, pray. If you can’t pray, meet pastors and they will intercede for you”.
Wike insisted that politicians must play by the rules, saying that despite his giant strides as a governor, he obeyed the rules.
He said: “Being a pastor, there are rules. Being a traditional ruler, there are rules. If you have chosen to be a politician, there are also rules. You must obey. I was a governor. I obeyed. It didn’t stop me from performing my functions.
“I do governance and at the same time I would go back and obey those rules. That is why you can see me with leaders. Don’t pull the ladder you used to climb. If not, when you are coming back, I don’t know how you will come down.
“I urge the church to continue praying for us to be firm. I have done my path. I am happy and I am doing well in Abuja today. Leave propaganda and blackmail. There is nothing I am looking for in this state now.”
“I have my own budget as FCT Minister. I have my own commissioners. By January, I will present my budget before the National Assembly. I preside over the expenditure. All I am saying is if you are a politician, play according to the rules. People laboured. People suffered”.
Wike highlighted the danger of dabbling into disagreements between two politicians without first knowing their root causes.
He pleaded with the church to pray for peace in Rivers and the country, adding that it would be in the best interest of everybody for President Tinubu to succeed.
He said: “When Boma Iyaye was appointed executive director of finance and administration in NDDC, the first thing he did was to thank God and then, brought his chiefs to my house to thank me.
“Through Boma, something would come, through me something came to Boma. Nobody talks about where Boma comes from. I am Ikwerre man. But when politicians are fighting, if you don’t know the root cause of the matter dont kill yourself.
“I was just laughing. Those of you carrying flags shouting what I don’t know, assuming another group confronts you and another thing happens, what would you tell your parents; something you don’t even know the root cause.
“I plead with the church to continue to pray for peace not just in Rivers but the entire country. If the president does not succeed all of us will suffer it. I do believe that he will succeed.”