Connect with us

BIG STORY

Amotekun: South-West Governors To Write IG For Gun License

Published

on

There were indications on Sunday that the South-West state executive councils would on Wednesday discuss the bills on Amotekun corps.

It was gathered that a security network agency would be established in each state to oversee the Amotekun corps.

The Ondo State Attorney General, Kola Olawoye, said after the passage of the bill, each state would apply to the Inspector General of Police, Mohammed Adamu, for a gun license for the Amotekun corps.

The South-West governors had at a summit organized by the Development Agenda for Western Agenda on January 9 agreed to set up Operation Amotekun to address killings and kidnapping in the zone.

The Federal Government initially said the security outfit was illegal, but during a meeting in Abuja attended by Vice-President Yemi Osinbajo; the South-West governors and the Attorney General of the Federation, Abubakar Malami, SAN, both the FG and the governors agreed that the South-West states should give legal backing to the security outfit.

The Attorney General and Commissioner for Justice in Ekiti State, Wale Fapohunda, in an interview with The PUNCH, confirmed that the bill for a law establishing Amotekun corps provided for the establishment of a security network agency to oversee the operations of the corps.

Fapohunda, who said the Amotekun bill for Ekiti State was ready, stated that the state Governor, Dr Kayode Fayemi, had directed that it should be presented to the state executive council on Wednesday.

He said, “We have drafted a bill that is concise and comprises only the most necessary provisions. Community policing is an important component of the proposed Ekiti State Amotekun Law.

“The key features of the Ekiti State Amotekun Law include the establishment of the Ekiti State Security Network Agency that will oversee the operations of the Ekiti State Amotekun Corps.”

He said the bill also provided for “the establishment of an independent Amotekun Corps Complaints Board to expeditiously inquire into and report any matter regarding the conduct of Amotekun corps, specifically as it relates to abuse of power including corruption and human rights violation.”

Explaining functions of the Ekiti State Security Network Agency, Fapohunda said besides overseeing Amotekun corps, it would “collaborate with and assist the police and other security agencies in maintaining law and order.”

He added that it would make available to the police and other security agencies relevant information on crime and crime-related activities, suspicious activities and suspects.

The AG added that the agency would undertake “routine day and night patrols on major roads, remote areas, hinterland, forests, and inland waterways.”

According to Fapohunda, it will ensure that offenders are identified, arrested, registered and promptly handed over to the nearest police station or post.

He also listed the functions of the agency to include “disarming unauthorized persons in possession of arms and other dangerous weapons.”

Fapohunda added that it would also render prompt assistance to crime and accident victims as well as undertake joint operations with the police and other security agencies.

On his part, the Ondo State Attorney General and Commissioner for Justice, Olawoye on Sunday, the proposed law was given to the state Governor, Rotimi Akeredolu, SAN, on Saturday, after the Friday meeting of the AGs.

He said, “We harmonized the bill and we gave a copy of the bill to the governor yesterday (Saturday). It will be presented to the state executive council where it will be deliberated upon after which it will be sent to the House of Assembly.”

On the time it would be sent to the legislature, Olawoye said the speaker of the Assembly would get the bill after its approval.

He also explained that the security outfit would be called the Ondo State Security Network Agency “but it would be driven by Amotekun corps. It will be replicated in other South-West states .”

Olawoye also said each state would apply to the Inspector General of Police for a gun license for the Amotekun corps.

It was earlier reported that the police warned Amotekun operatives against carrying firearms.

They said Oodua Peoples Congress members and hunters working as Amotekun operatives could only carry Dane guns, which do not use cartridges.

But the Oyo State Attorney General, Prof Oyelowo Oyewo, who briefed journalists after the AGs’ meeting in Ibadan on Friday, said, “Carrying of arms is legalized by the law and Amotekun outfit will comply with all the laws of the land.”

Olawoye, in the interview with The PUNCH, said, “A section of the bill stipulates that the Amotekun corps will be carrying arms licensed by the Inspector General of Police, in line with the Police Act. Each state will apply for the license. After the law has been made, we will apply to the IG for the license for the corps. Each state will have a corps commander, who will be in charge of administration, operational guidelines and other things.

“The agency will have a governing board. The commander will be a member of the board. The commander must be a person of proven integrity, who will be a retired military or police officer of 10 years cognate experience. This is how it will be in the other five states. The corps commanders of the states will be meeting if the need be. I am sure the individual state should be able to pass the law before the end of the month.”

Also, the Attorney General and Commissioner for Justice in Ogun State, Akingbolahan Adeniran, said the Amotekun bill would be submitted this week to the state governor, Dapo Abiodun.

Adeniran said this on Sunday while responding to the questions from journalists, adding that, his office was planning to do this in line with the agreement at the meeting of AGs of the South-West states in Ibadan.

He said “The resolution at the meeting of the body of the attorneys general of the South-West is to submit the bill to our respective governors and the executive councils this week.

“We also aim to get it submitted, other things being equal to the House of Assembly in our respective states before the end of the week.”

The Osun State Government on Sunday said the bill for Amotekun might be transmitted to the House of Assembly this week.

Speaking to one of our correspondents, Chief Press Secretary to the governor, Ismail Omipidan, said after the meeting of the South-West attorneys general last week, the draft was ready for presentation to the state executive council.

“The state executive council will be presented the draft at their meeting this week. They will look at it before the bill will be presented to the lawmakers.

“Hopefully, after the state executive council meeting, the bill will be ready for presentation to the lawmakers. We are hopeful that the lawmakers will have the bill this week,” Omipidan said.

BIG STORY

FG Reacts To Binance $150m Bribe Claim, Says It’s An Act Of Blackmail

Published

on

  • Bribery Allegation Part Of Orchestrated International Campaign To Discredit Nigerian Government – FG

 

The federal government has accused Binance of blackmail after the company alleged officials demanded $150 million in cryptocurrency payments as a bribe to settle the prosecution of its executives in Nigeria.

The CEO of Binance, Richard Teng, stated on Tuesday that some unidentified individuals in Nigeria have demanded large sums in cryptocurrency in order to “go away” from their troubles in that nation.

Teng’s accusation came after the company’s head of financial crime compliance, Tigran Gambaryan, and regional manager for Africa, Nadeem Anjarwalla, were taken into custody in Nigeria on February 28.

The two executives were detained as part of a probe bordering on Binance’s illegal operations in Nigeria and foreign exchange rate manipulations.

While criminal charges have been filed against Binance and Gambaryan, Anjarwalla fled detention on March 22.

However, Anjarwalla was reportedly arrested by the Kenya Police Service in April and the International Criminal Police Organisation (Interpol) is working towards extraditing him to Nigeria.

In a statement by Rabiu Ibrahim, special assistant to the minister of information and national orientation, the government said the allegation by Binance is an attempt by the cryptocurrency exchange to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations.

“In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company,” the ministry said.

“This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria.

“The facts of this matter remain that Binance is being investigated in Nigeria for allowing its platform to be used for money laundering, terrorism financing, and foreign exchange manipulation through illegal trading.

“While this lawful investigation was going on, an executive of Binance, who was in court-sanctioned protective custody, escaped from Nigeria, and he is now a fugitive from the law. Working with the security agencies in Nigeria, Interpol is currently executing an international arrest warrant on the said fugitive.”

The ministry said the bribery allegation is part of an orchestrated international campaign by Binance to undermine the Nigerian government.

The ministry said Binance is facing criminal prosecution in many countries including the United States.

“Just a week ago, the founder and former CEO of Binance, Changpeng Zhao, was sentenced to prison in the United States, after pleading guilty to charges very similar to what Binance is being investigated for in Nigeria. In addition, Zhao agreed to pay a fine of $50 million, while Binance is liable for $4.3 billion in fines and forfeitures to the US Government,” the government said.

“We would like to remind Binance that it will not clear its name in Nigeria by resorting to fictional claims and mudslinging media campaigns. The only way to resolve its issues will be by submitting itself to unobstructed investigation and judicial due process.”

The ministry said the Nigerian government will continue to act within its laws and international norms and will not succumb to any form of blackmail from any entity, local or foreign.

Continue Reading

BIG STORY

CBN Orders Suspension Of Charges On Cash Deposits

Published

on

Central Bank of Nigeria (CBN) has issued a circular, dated May 6, 2024, directing banks to suspend the collection of processing fees on cash deposits until September 30, 2024.

The circular, signed by the Director of Banking Supervision, Adetona Adedeji, was issued in response to concerns raised by bank customers over the collection of processing fees for cash deposits that began on May 1.

Banks were previously required to charge two percent on deposits above NN500,000 for individuals, and two percent on deposits above N3m for corporate account holders.

However, the CBN has now instructed financial and non-financial institutions to suspend these charges until the end of September 2024. This move is expected to ease the financial burden on bank customers and promote cash deposits in the country.

“Please refer to our letter dated December 11, 2023, referenced BSD/DIR/PUB/LAB/016/023 on the above subject, suspending processing charges imposed on cash deposits above N500,000 for Individuals and N3,000,000 for corporates as contained in the “Guide to Charges by Banks, Other Financial Institutions and Non-Bank Financial Institutions” issued on December 20, 2019,” CBN said.

“The Central Bank of Nigeria hereby extends the suspension of the processing fees of two per cent and three per cent previously charged on all cash deposits above these thresholds until September 30, 2024.”

The apex bank directed financial institutions to continue to accept all cash deposits from the public without any charges till the end of the third quarter.

Continue Reading

BIG STORY

President Tinubu Returns From Trips To Netherlands, Saudi Arabia

Published

on

Nigeria’s President, Asiwaju Bola Ahmed Tinubu has returned to Nigeria after trips to The Netherlands and Saudi Arabia.

On April 22, Tinubu departed Abuja for the Kingdom of The Netherlands on an official visit.

According to presidential spokesperson Ajuri Ngelale, Prime Minister Mark Rutte invited the president to visit The Netherlands.

Following his commitments in the Netherlands, Tinubu travelled to Riyadh, Saudi Arabia, on April 28 and 29, where he attended a special gathering of the World Economic Forum (WEF).

Bayo Onanuga, special adviser on information and strategy to the president, had said the president and his aides will return to Nigeria on Wednesday.

“President Bola Ahmed Tinubu, along with his aides, will return to Nigeria tomorrow from Europe,” Onanuga wrote.

On Wednesday, Onanuga confirmed the president’s return by tweeting: “Welcome home Mr. President.”

Continue Reading

Most Popular