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CBN Probe Will Expose Fraud Under Buhari’s Watch — Umar Dangiwa

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8 months ago

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Umar Dangiwa, a retired colonel and former military administrator of Kaduna, has alleged that former President Muhammadu Buhari’s administration is the most corrupt in the country.

Dangiwa, in an interview with The Sun on Sunday, claimed that “the cabal” was responsible for a lot of fraud under Buhari’s leadership.

He further stated that the ongoing investigation at the Central Bank of Nigeria (CBN) will disclose the “monumental financial fraud” that occurred during the previous administration.

“It will reveal how the president’s cabal fraudulently enriched itself through forex round-tripping and anchor borrowers fraud. The claim that the president was unaware is false,”Dangiwa said.

“He was made aware by the DSS and advised to cause the arrest and investigation of the CBN governor. He was prevailed upon by beneficiaries not to take any action which would expose them. One will not be wrong in saying that Nigeria has become a truly fantastically corrupt nation in the last eight years.”

He said the level of nepotism under the former president ensured that appointments, particularly in the sensitive area of security, were skewed in favour of his section of the country.

“President Buhari had the opportunity to declare his assets publicly before and after his presidency as he promised to do while campaigning for the office. He failed to do so,” Dangiwa said.

“His assets declaration to the Katsina farmers is meaningless and doesn’t meet the legal requirements and expectations of the general public. It also does not matter if he left the presidency poorer.

“Truth is that he presided over the most corrupt administration in the history of this country.

“His appointment as AU chairman of anti-corruption, if true, and whatever it means, appears misplaced and amounts to dressing him in borrowed robes.

“Bishop Kukah opined that ‘Buhari’s government amplified corruption morally and financially,’ while Chief Femi Falana said ‘corruption waxed stronger under Buhari.’

“These views are shared by most Nigerians. The moral corruption Bishop Kukah must be referring to is President Buhari’s elevation of personal interest over national interest.”

The former military leader said 20 major projects of the federal government were “unethically” cited in Daura to appease the former president, which he said was accepted with gratitude.

“Someone correctly observed that Daura is sinking under the weight of democratic dividends,” Dangiwa said.

“It was at the height of ethical and moral corruption that the president accepted a gift of an Air Force Reference Hospital from his chief of air staff when Daura did not even have a landing strip.

“The rail line from Kano to Maradi was only approved because it passes through Daura and not for any socio-economic value. It ranks lowest in the nation’s infrastructural priorities. Less so that it is being financed with a $1.9 billion Chinese loan.

“This project must be discontinued. Work so far done should remain a monument of corruption. The two federal roads leading to Daura from Kano and Katsina are being dualised, while all roads leading to the Federal Capital Territory, Abuja, are yet to be completed.

“The Lagos-Ibadan expressway connecting the North with the two South Western ports is still under construction. Construction of the East-West Coastal highway has been abandoned.

“The second Niger Bridge remains uncompleted even though it was commissioned by the Buhari administration. General Buhari’s decision to relocate to Daura from Kaduna must be on account of Daura being more urbanised and secure than Kaduna.”

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BIG STORY

Usyk Defeats Fury, Becomes Undisputed Heavyweight Champion

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21 hours ago

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May 19, 2024

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Oleksandr Usyk emerged as the world’s undisputed heavyweight boxing champion adter defeating Tyson Fury.

On Saturday night, Fury and Usyk engaged in combat at the Kingdom Arena located in Riyadh, Saudi Arabia. Usyk defeated the British fighter 115-112, 113-114, and 114-113 on the scorecards to win the fight by split decision.

In the first several rounds of the battle, Fury came out swinging, but Usyk was able to withstand the British fighter’s assault.

As the battle went on, the Ukrainian gained momentum because of his excellent movement and technical proficiency, which allowed him to block Fury’s strong attacks and land accurate shots of his own.

The highly anticipated battle took a turn for the better when the Ukrainian stopped Fury in the ninth round.

Despite Fury’s valiant effort to recover in the final rounds, Usyk’s dominance had already sealed the victory.

The 37-year-old Ukrainian is the first undisputed heavyweight champion of the world since Lennox Lewis 25 years ago. He has now unified the WBA, WBO, IBF, and WBC titles.

For Fury, it is the first loss in his 16-year professional career, but he will have a chance at a rematch before the end of the year.

In his post-fight interview, the British boxer accused the judges of giving the victory to Usyk because of the war in Ukraine.

“His country is at war, so people are siding with the country at war,” he said.

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Nigeria’s Boniface Scores As Leverkusen Make History With Unbeaten Bundesliga Season

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22 hours ago

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May 19, 2024

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In the final game of the 2023–24 German Bundesliga season, Bayer Leverkusen defeated Augsburg 2-1 in the BayArena on Saturday thanks to an early goal by Victor Boniface.

In lieu of this victory, Leverkusen, who had already won the Bundesliga, would end the season unbeaten in the league.

In the 34-match league, the unbeaten streak that led to the league title consists of 28 wins and 6 draws.

It made history and cemented the names of Boniface and his colleagues in the Bundesliga as the first team to finish the season undefeated.

Boniface, who won the Bundesliga Rookie of the Year award earlier in the week, started the party atmosphere when he slotted home an Amaine Chadli pass inside the area in the 12th minute before Robert Andrich doubled the lead before the half-hour mark.

Mert Komur’s goal on 62 minutes proved only a consolation for Augsburg as Leverkusen sealed victory in front of their passionate fans.

The Levekusen side is led by Xabi Alonso, who is only into his second year but first full season as coach of a senior team.

The team remains unbeaten in all competitions, with the win over Augsburg extending the run to 51 matches.

They have the chance to finish the season unbeaten in all competitions with victories over Atalanta in the UEFA Europa League final on Wednesday and Kaiserslautern three days later.

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FBI Lauds EFCC, Promises Support As Agency Hands Over Recovered $22k From Convicted Fraudster

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22 hours ago

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May 19, 2024

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The Economic and Financial Crimes Commission (EFCC) says it has handed over $22,000 recovered from Hakeem Olanrewaju, a convicted internet scammer, to the Federal Bureau of Investigations (FBI).

The EFCC, in a statement on Saturday,said the money was handed over to the FBI in Lagos, as the victim, who was defrauded, lives in the US.

Nicholas Oweibo, the judge of the federal high court in Ikoyi, sentenced Olanrewaju to two years imprisonment for identity theft and impersonation in August 2023.

The judge also ordered that the money recovered from him be restituted to his victim.

Speaking during the handover ceremony in Lagos on Friday, Michael Wetkas, acting director of the Lagos zonal command of the EFCC, said the commission remains dedicated to combating crimes and restoring sanity to the nation.

“We are delighted to be handing over this proceeds of crime today,” Wetkas said, adding that “the EFCC is willing and always ready to do more”.

Charles Smith, FBI legal attaché in Nigeria, thanked the EFCC for facilitating the recovery of the money.

“This type of crime cripples businesses in the US, and for them to recover the money within one to two years gives hope to the affected companies and brings some level of justice, even if not all subjects have been identified,” Smith said.

“We hope our relationship continues and fosters a more cohesive partnership between the two agencies.”

Smith added that the FBI is willing to support the investigation in any way possible.

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