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UPDATE: South Africa Parliament To Vote On Ramaphosa’s Impeachment Tuesday

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Cyril Ramaphosa may have insisted over the weekend he will not resign, but the South African president still faces a parliamentary vote Tuesday that could lead to his impeachment.

The ruling African National Congress will meet Monday to discuss Ramaphosa’s fate after a parliamentary panel’s report last week said he might have acted illegally in covering up a burglary at his farm.
Despite deep divisions inside the party, there appears to be a majority backing the president.

There was pressure last week from some quarters for Ramaphosa to quit or be forced from office over what has become known as the Phala Phala affair, after the farm at the centre of the controversy.

But Ramaphosa looked relaxed and cheerful Sunday as he spoke to journalists outside a conference centre where some ANC delegates were already discussing the case against him.

With a smile, he explained he had been excluded from the meeting, agreeing that, in the circumstances, it was best for him not to take part.

He has been accused of having covered up the burglary of more than half a million dollars in cash from his farm in northeastern South Africa.

Last week’s report said the president “may have committed” serious violations and misconduct.

The president has been under fire since June, when a former spy boss filed a complaint with the police alleging that Ramaphosa had hidden the February 2020 burglary from the authorities.

He accused the president of having organised for the robbers to be kidnapped and bribed into silence.

Ramaphosa said a vast sum of cash stashed at the farm was payment for buffaloes bought by a Sudanese businessman. A police inquiry is ongoing, but he has not so far been charged with any crime.

And while Ramaphosa insists he is innocent of any wrongdoing his explanations did not convince the parliamentary panel, which consists of three lawyers who were appointed by parliament.

On Monday (today), the ANC’s highest body, the National Executive Committee, would meet to discuss the matter.

On Tuesday the report will go before parliament to be examined and there will be a vote on whether to launch an impeachment process against the president.

In South Africa, impeachment means removal from office.

The scandal, with its colourful details of more than half a million dollars in cash being hidden under sofa cushions, comes at the worst possible time for Ramaphosa.

On December 16, he will contest elections for the ANC presidency, a position that also holds the key to staying on as the nation’s president.

However, on Saturday Ramaphosa’s spokesman said the president would challenge the parliamentary report in court.

“President Ramaphosa is not resigning based on a flawed report, neither is he stepping aside,” said Vincent Magwenya.

“It is in the long-term interest… of our constitutional democracy, well beyond the Ramaphosa presidency, that such a clearly flawed report is challenged, especially when it’s being used as a point of reference to remove a sitting head of state,” he added.

A majority is needed to trigger the impeachment procedure and if it is launched, it would take a two-thirds majority to remove the president from office.

Credit: AFP

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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