The Presidency on Sunday dispelled what it called “half-truths, misinformation, and outright falsehood” that have trailed the recent appointment of Mr. Ahmed Abubakar as the new Director-General of the National Intelligence Agency.
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, made the President’s position known in a statement made available to journalists.
Adesina said there was no truth in the claims that Abubakar had retired from the services of NIA as an Assistant Director, because he failed promotion examinations twice; that he is married to a Moroccan, and so cannot hold such sensitive security position; and that he was born and bred in Chad, and holds dual nationality.
The presidential spokesman said it was necessary to set the record straight because the claims had been been spread on social and mainstream media. He said President Muhammadu Buhari appointed the new DG because he had worked closely with him in the past two years, and sincerely believes that he would add value to the NIA.
He explained, “The new NIA DG retired from Foreign Service as Deputy Director (not Assistant Director) and three times during his career, had won Merit Award for competence and meritorious service. Failing promotion examination can only exist in the fecund minds of fiction writers. ”
His last position before the new appointment was as Senior Special Assistant to the President on Foreign Affairs/International Affairs where again he quietly proved himself. “Abubakar’s parents hailed from Katsina State, and had settled in Chad at a point in their lifetime.
“The new DG did his primary school in Ndjamena (then Fort-Lamy), but returned to Nigeria for his secondary and University education. He never at any time held Chadian nationality.
“Mr. Abubakar’s only wife hails from Katsina State, indeed, from the same community as the husband. The story of being married to a Moroccan can only be tale by moonlight..” (Punch)
Presidential spokesman Garba Shehu says President Muhammadu Buhari will not stop the Economic and Financial Crimes Commission (EFCC) from its investigation against Babachir Lawal and Ayo Oke, who were relieved of their appointments.
Shehu, who stated on Monday in Abuja, said President Buhari had taken the necessary administrative action against the two officials.
President Buhari, had on Oct. 30, approved the appointment of Boss Mustapha as the new Secretary to the Government of the Federation (SGF), and terminated the appointment of the suspended SGF, Babachir Lawal.
The President, in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, also approved the termination of the appointment of the suspended Director-General National Intelligence Agency (NIA), Amb. Ayo Oke.
The presidential aide said: “”The President has taken the administrative action. All other actions will be taken by relevant government agencies.
““The position of the President, therefore, is that investigative agencies, which have already commenced the investigation of the two officers removed from office, will go on with their work of investigation without any interference or hindrance.’’
According to Shehu, President Buhari is fully conversant with the provisions of the constitution and will not stop the investigation of anyone “because he has no such power under our laws, adding this is a decision of the Supreme Court.
“”The President under our laws can, through the Attorney General enter a nolle prosequi to stop an on-going trial. He may upon conviction, order a pardon.
“”Beyond these, the president cannot order investigation agencies to not investigate anyone and does not intend to do so in this, or any other circumstance.
”Based on his wish and desire for a strict observance of the law, the President expects the EFCC, ICPC and such agencies to proceed with ongoing investigations..
”When and where they have reasonable grounds to charge former or serving officers to court under our laws, they do not require the permission of the President to do so.’’(NAN)
President Muhammadu Buhari has finally sacked the suspended Secretary to the Government of the Federation, Babachir Lawal; and the Director-General of the National Intelligence Agency, Ambassador Ayo Oke.
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this in a statement on Monday.
The statement read, “President Muhammadu Buhari has studied the report of the panel headed by the Vice President, Prof Yemi Osinbajo, SAN, which investigated allegations against the suspended Secretary to the Government of the Federation, Mr. Babachir David Lawal, and the Director-General, National Intelligence Agency, Ambassador Ayo Oke.
“The President accepted the recommendation of the panel to terminate the appointment of Mr. Lawal, and has appointed Mr. Boss Mustapha as the new Secretary to the Government of the Federation. The appointment takes immediate effect.”
“President Buhari also approved the recommendation to terminate the appointment of Ambassador Oke, and has further approved the setting up of a three-member panel to, among other things, look into the operational, technical and administrative structure of the Agency and make appropriate recommendations.”
Mustapha from Adamawa State is a lawyer, management consultant, politician and businessman.
Buhari had in June 2016 appointed him the Managing Director of the National Inland Waterways Authority.
The President had on April 19 suspended the two government officials and constituted a three-man committee led by Osinbajo, to investigate them.
The panel investigated allegations of violations of law and due process made against Lawal in the award of contracts under the Presidential Initiative on the North-East while it probed Oke on the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission in a residential apartment at Osborne Towers, Ikoyi, Lagos, for which NIA is laying claim.
The committee had the Attorney-General of the Federation, Abubakar Malami (SAN); and the National Security Adviser, Babagana Monguno, as members. (Punch)
The Economic and Financial Crimes Commission on Friday named Mrs. Folashade Oke as the owner of Flat 7B, No. 13, Osborne Road, Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23, 218,000 were recently recovered by the Economic and Financial Crimes Comission.
Mrs. Oke is the wife of the suspended Director General of the National Intelligence Agency, Amb. Ayo Oke, whose agency had laid claim to the money.
According to the EFCC, Mrs. Oke made a cash payment of $1.658m for the purchase of the flat between August 25 and September 3, 2015.
She was said to have purchased the property in the name of a company, Chobe Ventures Limited, to which she and her son, Master Ayodele Oke Junior, were directors.
Payment for the purchase of the flat was said to have been made to one Fine and Country Limited.
The EFCC stated that Mrs. Oke made the cash payment in tranches of $700,000, $650,000 and $353,700 to a Bureau de Change company, Sulah Petroleum and Gas Limited, which later converted the sums into N360,000,000 and subsequently paid it to Fine and Country Limited for the purchase of the property.
The EFCC on Friday tendered the receipt issued by Fine and Country Limited to Chobe Ventures Limited as an exhibit before the Federal High Court in Lagos, where it is seeking an order of final forfeiture of the recovered money to the Federal Government.
“The circumstances leading to the discovery of the huge sums stockpiled in Flat 7B, Osborne Towers leaves no one in doubt that the act was pursuant to an unlawful activity.
“The very act of making cash payment of $1.6m without going through any financial institution by Mrs. Folashade Oke for the acquisition of Flat 7B, Osborne Towers, is a criminal act punishable by the Money Laundering (Prohibition) Amendment Act. I refer My Lord to sections 1(a), 16(d) and 16(2)(b) of the Money Laundering (Prohibition) Amendment Act,” a counsel for the EFCC, Mr. Rotimi Oyedepo, told the court on Friday.
In an affidavit filed before the court, a Detective Inspector with the EFCC, Mohammed Chiroma, stated that “Chobe Ventures Limited is not into any business but was merely incorporated to retain proceeds of suspected unlawful activities of Mrs. Folashade Oke.”
While urging the presiding judge, Justice Muslim Hassan, to order the permanent forfeiture of the funds to the Federal Government, Oyedepo argued that the fact that Flat 7B, Osborne Towers was purchased in a criminal manner, made the N13bn recovered therein “extremely suspicious to be proceeds of unlawful acts.”
The lawyer noted that despite the newspaper advertisement of the initial order of April 13, 2017 temporarily forfeiting the money to the Federal Government, no one showed up in court on Friday to show cause why the money should not be permanently forfeited to the Federal Government. (Punchng.com)
London, United Kingdom. 5th March 2013 — General (Rtd) Muhammadu Buhari seen here delivering a speech at the 4th African Diaspora Conference in London. Buhari was a Major General in the Nigerian Army and a former military ruler of Nigeria. — Nigeria’s retired General Buhari gave a speech on the subjects of democracy, corruption and the economy at the 4th African Diaspora Conference hosted at the Houses of Parliament in London.
The confusion, denials and counter-denials surrounding the discovery by the Economic and Financial Crimes Commission (EFCC) of $43 million in an apartment in Ikoyi, may have been caused by President Muhammadu Buhari’s aversion to reading memos, a Nigerian Times investigation has revealed.
Chats with multiple sources in the highest reaches of Nigeria’s security community revealed that President Buhari has a strong aversion for reading documents and prefers verbal briefings.
Our sources say that even when such briefings take place, they are hardly understood by the president except the language used is Hausa or Fulani.
This, they say has been the pattern since President Buhari took office.
”The C-in-C may claim memory lapse, but he was fully briefed on all NIA on-going operations in and outside the country, verbally and in writing”.
“The president’s dislike of written memos particularly those that run into several pages is well known in government circles.
He has no time for “Turenchi” but prefers verbal briefings. Even at that, the President prefers such briefings in either the Hausa or Fulfude. He always has a disinterested look when he is being briefed in the English language and tends to forget most of what he had been briefed about,” a source said.
Our source said that such is President Buhari’s preference for Hausa and Fulfude, that during National Security Council meetings, the president would without warning and consideration for those who cannot speak the two languages, burst into any of the two languages and sometimes for one hour or more or even for the rest of the meeting, deliberations would be conducted in those languages with those unable to speak them, completely alienated from deliberations.
“When the president lapses into one of these languages, he is completely in his elements and gone is the bored look he wears when being briefed in English,” our source said.
Nigerian Times checks within the security community show that the president’s attitude has remained a source of worry for them given the often sensitive nature of their activities.
They told this paper that it was the realisation of this weakness in the president that the Presidency sought through a story it pushed out via a friendly online news medium, to stave off embarrassment and ridicule by denying President Buhari was briefed about the money found in the Ikoyi flat and operations it was being used for.
To underscore their position that there is no way President Buhari would claim to be unaware of the money discovered in the flat in Ikoyi, they told this paper that an incoming president usually receives two types of the briefing. The first of these briefings is contained in the handover notes prepared by the outgoing government.
The notes contain general matters of administration such as amount of money handed over, projects completed and ongoing, subsisting agreements (bilateral and multilateral) and other important matters to assist the incoming president to settle in quickly into governance.
After the handover notes have been handed over, the new president is specifically reserved for the president in his capacity as chief security officer of the nation and Commander-in-Chief of the Armed Forces.
These briefings are of a security nature and our sources say President Buhari was fully briefed about pending, ongoing and completed security projections and operations.
“In the weeks before Col. Dasuki, the former NSA was sacked, Nigeria’s top security and intelligence chiefs briefed President Buhari on all security projects executed and still being executed. He was briefed on such matters as weapons purchased by the Jonathan administration to fight the insurgency, listening devices, and equipment for the Department of State Services. These things were brought to President Buhari’s attention. Even if because of old age the president claims that he wasn’t briefed that does not alter the fact that he was brought up to speed on all security matters including operations by the NIA,” a source said.
The source disclosed that the broad outlines of NIA operations and plans were captured in the handover notes former NSA, Dasuki handed to his successor, Baba Gana Monguno.
The source added that NIA Director General, Ayodele Oke, made a written memo to President Buhari in his first month in office. The memo was submitted through NSA Monguno. He followed it up with a verbal briefing of the president.
Later in 2016, the NIA boss made another detailed presentation to President Buhari. Like the first time, the memo was submitted to the NSA for onward transmission to the president.
Our source said it took the NSA six full months to act on the memo. Each time the NIA boss asked the NSA if he had forwarded the memo to the president, the NSA would reply that he had yet to read it. Six months after unremitting pressure from the NIA DG, the NSA finally acted. He set up a commitee that went round the country to verify NIA projects like roads, drianages and other operations. It was learnt that President Buhari was appraised of these matters including the purchase of the flat in Ikoyi where it kept the milions seized by EFCC. The flat was reportedly boguth several months after Buhari came into office.
The whole confusion surrounding the NIA millions seized by teh EFCC and the attempt by the presidency to distance itself from the saga by denying knowledge of the cash, sources say, stems margely from the turf war between the NSA and the DG,DSS. UNlike in previous government where the NSA coordinated all security matters, the situation in Buhari’s government is different.Under Buhari, the DSS boss has on account of the filial relations with the president completely sidelined the NSA.
Where he ordinarily ought to channel his requests through NSA, he bypasses him and goes directly to the president.
As source said the DSS DG briefs the president verbally instead of via written memo and that he beriefing is conducted in Hausa and that the President usually nods his approval.
Add to that are Munguno’s personal failing. “Munguno plays hard, very hard that he is not always in the right frame of mind to attend to the demands of his office”, a source in the ONSA told us.
Prominent individuals and eminent persons, groups, on Wednesday, hailed President Muhammadu Buhari for suspending the Secretary to the Government of the Federation, Mr. David Lawal; and the Director-General of National Intelligence Agency, Ambassador Ayo Oke.
Among the groups that commended the President for suspending the SGF are the Socio-Economic Rights Accountability Project, the Committee for the Defence of Human Rights and the Coalition Against Corrupt Leaders.
The suspension of Lawal and the NIA boss was contained in a statement on Wednesday by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina.
While Lawal was suspended in connection with the award of contracts under the Presidential Initiative on North-East, Oke was suspended in connection with the uncovering of $43m (about N13bn) by the Economic and Financial Crimes Commission in Osborne Towers, Ikoyi, Lagos, over which the NIA has made a claim.
According to the statement, Buhari has ordered that thorough investigations be conducted into the allegations against the two top government officials.
The President therefore set up a three-man committee, comprising the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN); the National Security Adviser, Babagana Monguno; and headed by Vice-President Yemi Osinbajo to investigate the allegations.
The committee has 14 days to submit its reports.
The statement read, “President Muhammadu Buhari has ordered an investigation into the allegations of violations of law and due process made against the SGF, Mr David Babachir Lawal, in the award of contracts under the Presidential Initiative on the North-East.
“The President has also directed the suspension of the SGF from office pending the outcome of the investigations.
“In a related development, the President has ordered a full-scale investigation into the discovery of large amounts of foreign and local currencies by the EFCC in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency has made a claim.
“The investigation is also to enquire into the circumstances in which the NIA came into possession of the funds; how and by whose or which authority the funds were made available to the NIA, and to establish whether or not there has been a breach of the law or security procedure in obtaining custody and use of the funds.
“The President has also directed the suspension of the Director-General of the NIA, Ambassador Ayo Oke, pending the outcome of the investigation.
“A three-man committee, comprising the AGF and Minister of Justice, and the NSA, headed by the Vice-President, is to conduct both investigations.
“The committee is to submit its reports to the President within 14 days.
“The most senior Permanent Secretary in the SGF’s office and the most senior officer in the NIA are to act, respectively, during the period of investigation.”
Drama as Osinbajo meets suspended Lawal, Oke
A mild drama played out at the Presidential Villa, Abuja, on Wednesday, shortly after the Presidency announced the suspension of the SGF and the DG of NIA.
Lawal was in a meeting with Osinbajo as of the time his suspension was announced.
As he was descending the staircase of the Vice-President’s office after the meeting, the suspended SGF walked into the waiting hands of State House correspondents.
When he was asked to react to his suspension, he claimed he was not aware of the development.
The following conversation ensued between the reporters and the suspended SGF:
Your suspension has just been announced. How will you react to the development?
Who announced it?
Then ask them. Why are you asking me? Who is the Presidency?
Have you been informed of the suspension?
By who? About what? What about you? Have you been informed?
By the Presidency sir.
I have not seen it. I should have been given… I have not seen the press release; so, I cannot comment on it.
It is currently trending online. Are you doubting the authenticity of the statement?
I have not seen it.
Tell us the outcome of your meeting with theVice-President sir.
I am always here. I always meet the Vice-President. I used to come here even before I was made the SGF.
Shortly after, Lawal was driven out of the premises in his official car, Oke also arrived the Presidential Villa.
Immediately he stepped out of his official car and sighted journalists, he was also moved to tears and turned back.
His security operatives quickly shielded him from photojournalists as he was smuggled back into his car.
They made an attempt to drive him into the forecourt of the President’s office through the Service Chiefs’ Gate but his convoy was denied access by the security men manning the gate.
He was then driven out of the premises.
Officials from the media office later came out to appeal to journalists to leave the area and return to the Council Chambers’ Press Gallery.
Shortly after the area was cleared of journalists, Oke returned to meet Osinbajo.
Journalists were barred from interviewing him.
With the presence of the Monguno at the Vice-President’s Office, it is believed that the three-man committee, set up by Buhari to investigate Lawal and Oke, had started work.
SGF giving the administration a bad name –Minister
A minister, who spoke with one of our correspondents on condition of anonymity, said the decision to suspend Lawal was part of the consensus reached at a reconciliatory meeting being held by the Presidency and the leadership of the Senate.
The frosty relationship between the Presidency and the Senate has informed the decision of the lawmakers to suspend the screening of the President’s nominees for the positions of Resident Electoral Commissioners.
The minister said, “The President was advised to suspend the SGF because his issue was already giving the government a bad name.
“Apart from the fact that he is not known as a major part in the APC, he is also being seen as a cog in the wheel of the government anti-corruption crusade.
“Already, his issue has also polarised the party and the Presidency. So, in order to give a bite to the anti-corruption war, he needs to be suspended.”
Meanwhile, the Chairman, Senate Ad Hoc Committee on Mounting Humanitarian Crisis in the North-East, Senator Shehu Sani, on Wednesday, hailed Buhari for suspending the SGF.
Sani, in an electronic mail to The PUNCH stated, “It is commendable that the President has taken the Senate committee report and recommendations seriously. The sword of truth is not just cast and sharpened for the neck of foes but also for those of friends.
“The Senate and the committee have nothing personal against the SGF or any person affected but we simply did our job in conformity with our constitutional responsibilities and the moral calling of our conscience.”
When asked on the telephone if the SGF would still be expected to appear before the panel, Sani said the probe would continue and the lawmakers would decide when Lawal would appear before them.
Also, the House of Representatives Committee on Financial Crimes described as a “welcome development”, the President’s suspending Lawal.
The Chairman of the committee, Mr. Kayode Oladele, told The PUNCH that suspending Lawal would allow for an unfettered investigation to be carried out into the contracts.
He explained, “It will appear that the Presidency has finally come to terms with the resolution of the Senate, calling for an investigation of the SGF.
“It is logical that in such a situation, suspension is the best step so that the SGF does not use his position to influence the investigation.”
On the NIA’ boss, Oladele noted that from the point of the EFCC and the law, the money found by the anti-graft agency was “slush funds” until proven otherwise.
“Both actions, as taken so far by the Presidency, are a welcome development,” Oladele said.
Groups, Nigerians react to the suspension of Lawal, Oke
In separate interviews with The PUNCH on Wednesday, some groups said the suspension of the Lawal came late.
But SERAP and CDHR urged the Federal Government to charge suspended SGF and the NIA boss to court if indicted after the investigations.
The SERAP’s Executive Director, Adetokunbo Mumuni, in an interview, said, “Immediately the allegations against the SGF surfaced, I stressed that he should step aside. That is what obtains in saner climes and edifying environments. The same applies for the NIA DG.
“Buhari should step up his game and take decisive actions against them. If the two government officials are eventually indicted, they should be taken to court. Let them have their day in court. This should not just be suspension for suspension sake.”
The CDHR President, Malachy Ugwumadu, said though the Presidency’s action was belated, the two suspended officials must face court action if the allegations against them were established.
He said, “By and large, it goes to show that this is a government that still wants to fight corruption. We welcome this development. We urge the panel to thoroughly investigate the allegations.’’
In his reaction, the Executive Chairman, CACOL, Mr. Debo Adeniran, said, “It is a step in the right direction. The suspension of the SGF is belated; it ought to have been done right from when the news broke out that he spent so much in cutting grasses at the IDP camp.
“As for the Director-General of the NIA, it is the best thing the government could do to save face and to prove that it is not treating corruption with deodorant rather than using insecticide. That is the way to go.”
A prominent lawyer, Chief Mike Ozekhome (SAN), described the suspension of the SGF and the DG of NIA as a “good riddance to a bad rubbish”.
He said, “I am sure the government is beginning to listen to my critical but patriotic voice.
“We cannot continue to be a laughing stock in the international arena. The chicken is finally coming home to roost. I congratulate PMB on this move, even if belated.”
A former Chairman of the Lagos Branch of the Nigerian Bar Association, Mr. Chijioke Okoli (SAN), said although the suspension of the SGF was belated, it was a step in the right direction.
Okoli canvassed support for the President over the actions taken against Lawal and Oke.
The SAN said, “Regarding that of the SGF, my point is that it is extremely belated but it is welcome. It should have been done a long time ago. I think the SGF’s continued stay in office has done massive disservice to the government.
“On the NIA DG, for the President to have suspended him, now means that it is actually true as reported by the media that the NIA was laying claim to the money. I had said the NIA should tell its story that it had been keeping the money for covert operations, to the marines. The story doesn’t add up.
“I think suspending him in the present circumstance even without knowing the entire facts is justified.”
A member of the House of Representatives in the Second Republic, Dr. Junaid Mohammed, said though the suspension of the SGF and the NIA boss was coming a little too late, it was better than nothing.
Mohammed stated, “As far as I am concerned, it is certainly better than nothing.
“But you can see clearly from the way the suspensions were announced, it was done out of pressure and a sense of appeasement for public opinion. He should take a step further by identifying others and flushing them out of the system.”
A SAN, Mallam Yusuf Ali, described the suspension of the SGF and the NIA boss as a good development.
Ali stated, “I think the President has done what is expected of him because the man is holding such a high office and he was indicted by the Senate for the IDP (contract) issue, he had no moral authority anymore.
‘‘Although his suspension was long overdue, the President did it eventually. I salute the President for that.”
The Executive Secretary of the Anti-Corruption Network, Ebenezer Oyetakin, said the suspension of the SGF was overdue.
He said, “The suspension of the SGF is coming rather too late, but it is better late than never. This is because, beyond the issue of corruption, he is making the government lack rhythm of governance due to total lack of co-ordination.’’
He stated that Oke’s case was outrageous, adding that the NIA seemed to have outlived its usefulness. Also, the Board Chairman, International Society for Civil Liberties and the Rule of Law (popularly called Intersociety), Emeka Umeaghalasi, said there was nothing wrong with the suspension.
‘‘The matter at hand is purely criminal, requiring the requisite criminal interrogation for the purpose of finding out criminal motives behind the possible guilty acts,’’ he said. (Punchng.com)
President Muhammadu Buhari has ordered an investigation into the allegations of violations of law and due process made against the Secretary to the Government of the Federation (SGF), Mr. David Babachir Lawal, in the award of contracts under the Presidential Initiative on the North East (PINE).
The President has also directed the suspension of the SGF from office pending the outcome of the investigations.
In a related development, the President has ordered a full-scale investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency (NIA) has made a claim.
The investigation is also to enquire into the circumstances in which the NIA came into possession of the funds, how and by whose or which authority the funds were made available to the NIA, and to establish whether or not there has been a breach of the law or security procedure in obtaining custody and use of the funds.
The President has also directed the suspension of the Director General of the NIA, Ambassador Ayo Oke, pending the outcome of the investigation.
A three-man Committee comprising the Hon. Attorney-General of the Federation and Minister of Justice, and the National Security Adviser, headed by the Vice President, is to conduct both investigations.
The Committee is to submit its report to the President within 14 days.
The most senior Permanent Secretary in the SGF’s office and the most senior officer in the NIA are to act, respectively, during the period of investigation.
The Economic and Financial Crime Commission EFCC did not know that the luxury apartment located in the Osborne Tower belonged to Rotimi Amaechi until after the raid and making the news public. What it did next was a shocking stunt by a body like EFCC that portray itself as an anti-corruption agency.
The Economic and Financial Crime Commission, EFCC, discovered a shocking sum of cash money in a luxury residential complex in Ikoyi, Lagos.
Facts have emerged to ascertain the true owner of the said luxury apartment in Ikoyi, Lagos. The Osborne Towers, a luxury residential complex in Ikoyi, Lagos where EFCC said it found $43,449,947, £27,800 and N23, 218,000 on Wednesday is owned by the Minister of Transportation, Rotimi Amaechi.
The EFCC was completely unaware of the owner of the targeted address for their intrusive search, so did not do much research to ascertain that it belonged to Hon. Rotimi Amaechi.
Though with resources at their disposal, they were unable proper investigation before the successful search, that will now open can of worms for the federal government.
The house was built by Alhaji Adamu Muazu, the former Chairman of PDP
through a loan from GTBank. Alhaji Muazu was unable to service the said loan so, GT bank repossessed the entire building but gave him the pent house and two flats.
Rotimi Amaechi bought TWO of the flats (7A and 7B). He reportedly gave 7A to Mo Abudu, the TV presenter, who is suspected to be his girlfriend.
The said massive stash of mostly dollar currency was found in flat 7B belongs to Rotimi Amaechi.
Cash found in flat in Ikoyi, Lagos, The Republican News
Cash found in flat in Ikoyi, Lagos, The Republican News
A very reliable source categorically told The Republican News that the money belongs to Rotimi Amaechi. So, when EFCC found out that they have created a new problem which could create unforeseen circumstances for both EFCC, FG and especially for president Muhammadu Buhari, it had to find ways to correct the blunder. The EFCC contacted the National Intelligence Agency (NIA) to do covert operation for them and rescue them from the mess. National Intelligence Agency did confirm that it has been on several contacts with EFCC over the discovered massive stash of cash.
Last night, National Intelligence Agency (NIA) came out to make suspicious claim that money belongs to it. But the claim raises few questions, which need answers. Some of the question are, how could such safe house owned by NIA not earmarked for FG authorities to be aware of its existence?
Another question, which raises suspicion about the quality of service delivery by EFCC is how could they also not know the actual owner of the house and contact such person before heading for a search? It appears all EFCC needs to know is an information from a whistleblower and their officers march to the target and search everywhere.
Further, who is the whistleblower that had access to this flat and had information about such mass stash of cash in the apartment? If this appartment is a safe house to NIA and it is a top-secret, who was the whistleblower who is aware of its existence and what is in it?
EFCC should have solved this problem if they had tried to ascertain the owner of the apartment before heading to the said address to search. But now that the cat has been let out of the bag, they scrambled for ways to cover it up. It remains to be seen how far this coverup is going to go before more facts make it to the public domain.
Meanwhile the Federal High Court in Lagos has ordered the temporary forfeiture of the sums of $43,449,947, £27,800 and N23,218,000 recovered by the Economic and Financial Crimes Commission from an apartment in the Ikoyi area of Lagos on Wednesday.
The court, in a ruling on Thursday afternoon by Justice Muslim Hassan, ordered that the funds be temporarily forfeited to the Federal Government.
The judge adjourned till May 5, 2017, for owner of the funds to show up before him to show cause why the money should not be permanently forfeited to the Federal Government.
So, it is now clear that the National Intelligence Agency will be used to retrieve the money and hand it over to Rotimi Amaechi. This is going to cause a serious embarrassment for the Federal Government and for president Muhammadu Buhari.
Another sources from EFCC have revealed to the former minister of Aviation, Mr Femi Fani-Kayode, that the said recovered money and flat belong to the Minister Of Transport, Hon. Rotimi Amaechi.
So, this could be a messy stunts for the FG, Amaechi and National Intelligence Agency and Muhammadu Buhari.
Nigerians are going to watch keenly to see how this ends