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BIG STORY

EFCC To Seize Diezani’s Assets In America Over $10.3bn Probe

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Former Petroleum Resources Minister Diezani Alison-Madueke is likely to lose some United States properties traced to her.

The Economic and Financial Crimes Commission (EFCC) is probing Mrs Alison-Madueke for over $10 billion slush funds. It has initiated a process for the seizure of the assets – in line with United States laws.

EFCC Chairman Ibrahim Magu has just returned from the United States where he discussed with the authorities how to attach the properties, The Nation learnt yesterday.

In the last one year, the EFCC has traced assets and items worth about $10billion to Mrs. Alison-Madueke and her business associates, Mr. Kola Aluko and Chief Jide Omokore.

Some of the assets include an $18million peoperty (over N6.3billion at N350 exchange rate) in Abuja.

A top EFCC source, who spoke in confidence, said: “We have located some assets allegedly owned by Diezani and some of her business associates in the United States. We are already collaborating with the US Government to attach these assets.

“In fact, the EFCC chairman, Mr. Ibrahim Magu, spent about one and a half weeks in the US to work with the relevant agencies to trace Diezani’s properties, some of which are believed to have been secured through business fronts like Kola Aluko.

“We have submitted relevant documents to the US authorities in order to facilitate the seizure of the assets.”

Responding to a question, the source added: “Some of these properties were acquired through some business fronts like Aluko and Omokore.

“We even have a in which houses on a street in Switzerland have been traced to an associate of Diezani.”

The EFCC is working with anti-graft agencies in Britain and the United States.

“Don’t forget that the EFCC initially secured a Mareva Injunction from Justice O.O. Oguntoyinbo to freeze some foreign accounts and seize some assets linked with Diezani’s associates in the United Kingdom,” the source said.

Accounts have been frozen in some of overseas financial institutions. They include BNP Paribas (Switzerland), LGT Bank (Switzerland), Standard Chartered Bank (London),Barclays Bank (London), Standard Energy (Voduz, Switzerland), HSBC (London), Corner Bank (Lugano, Switzerland) and Deutsche Bank (Geneva).

Section 34 (1) of the EFCC Act 2004 empowers the Commission to freeze any account suspected of being used for financial crimes.

The section stipulates that “the chairman of the commission or any officer authorised by him may, if satisfied that the money in the account of a person is made through the commission of an offence under this Act or any enactment specified under Section 6(2) (a)-(f) of this Act, apply to the court ex parte for power to issue or instruct a bank examiner or such other appropriate authority to freeze the account.”

The National Crime Agency (NCA) in the UK arrested and quizzed Mrs Alison-Madueke and four others on October 2, 2015 for alleged bribery, corruption and money laundering.

Also the EFCC has interrogated five more suspects since her interrogation.

The NCA last year obtained permission from a Westminster Magistrate’s Court to seize 27,000 pounds from Alison-Madueke and two other women.

Although NCA detectives have visited the country this year in line with the probe, it was unclear as at press time when she will be formally arraigned in court in the UK.

While the UK investigation was in progress, the EFCC uncovered another $115million poll bribery scam in which the ex-minister was implicated.

But Mrs Alison-Madueke has described allegations against her as “cold-hearted” and inhuman because she is ill.

Her statement said in part: “Coming at such a critical time in my life when I am battling cancer, this poorly executed propaganda bares on its face like tribal marks, a clearly malicious attempt to victimise an innocent woman in what appears an exaggerated plot to validate and give credibility to the anti-corruption crusade under Nigeria’s new regime.

“People who are battling cancer or those who have lost their loved ones to this medical condition understand what I am going through at this time.

“This is what makes me ponder at the cold-heartedness of those who will go any length to defame and destroy in the name of propaganda. What happened to our shared humanity?

”I have absolute regard for the law and believe that people who have breached the laws that govern societies should be made to face the wrath of the law.

“But in a civilized society, a responsible government owes its citizens absolute commitment to the principles of rule of law, equity, fairness and justice. I have been wrongfully and maliciously maligned and those behind this reckless action know it.

“I leave them to posterity, their conscience and above all the Almighty God who is the final judge of all.”

 

 

The Nation.

BIG STORY

Tribute To My Boss, HM Dele Alake At 68 — By Segun Tomori

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When I was privileged to be offered an appointment by the Minister of Solid Minerals Development, Dr. Dele Alake in October, last year, I was thrilled to have the opportunity to tap from his immense wealth of experience and depth of knowledge, spanning over four decades in private and public service.

I had been enamoured by Dr. Alake since his name, alongside that of President Bola Tinubu, became a recurring decimal in the struggle for the actualization of the annulled June 12, 1993 Presidential elections.

He had carved a niche for himself as a renowned political strategist, communications and public relations juggernaut that not only gave verve to the pro-democracy struggle but later became one of the leading lights of Asiwaju Tinubu’s transformational leadership as Governor of Lagos.

Dr. Alake’s role in the presidential campaigns that culminated in President Tinubu’s ascendancy is already public knowledge as it will be recalled he fired from all cylinders to defuse the propaganda of the opposition as Media Adviser, superintending over the media and communications directorate of the APC Presidential Campaign Council (PCC).

Having watched him closely as a member of the then Strategic Communications Directorate of the same PCC, I was captivated by his grit, grasp of issues and the impeccable intellect with which he dissected issues and marshalled our campaign’s arguments.

Asides from giving me a free hand to excel in my role, he has been a mentor that has helped to hone my skills. Under his tutelage, I have grown to become a better communications professional in barely one year.

Today, Alake’s vision has given rise to a 2,570-strong mining marshals leading the charge to secure the mining environment; revised guidelines for Community Development Agreements (CDA); revocation of dormant mining licenses and those that defaulted in payment of annual service fees; the launch of the innovative online platform, the Decision Support System (DSS) that aids investors’ access to information about Nigeria’s mining sector, enabling them with a click of a button to make informed decisions about investing in Nigeria’s mining sector.

Efforts have reached an advanced stage to establish the largely private sector driven Nigeria Mining Corporation alongside the amendment of the 2007 Nigeria Minerals And Mining Act (NMMA) in collaboration with the National Assembly to back reforms with requisite statutes.

We have also seen novel engagement with sub-nationals that has led to reduction of conflicts through his principle of cooperative federalism. In deference to Alake’s vision, several states have applied and obtained licenses to participate actively in the mining sector and operate as Limited Liability Companies.

As you celebrate your 68th birthday, I want to express my gratitude for your unwavering dedication to our country, the President, and the solid minerals sector.

Your infectious zest and passion for transforming the hitherto neglected mining sector has captured global attention, and we are all motivated to support your vision of making solid minerals a leading contributor to our nation’s GDP.

Happy Birthday, “Prime Minister”. 68, hearty cheers. Many happy returns, sir.

 

Segun Tomori, FSCA is the Special Assistant on Media to the Honourable Minister of Solid Minerals Development.

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BIG STORY

President Tinubu Congratulates Dele Alake On 68th Birthday

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President Bola Tinubu congratulates the Minister of Solid Minerals Development, Dele Alake, on his 68th birthday.

President Tinubu celebrates his long-time ally, buddy, brother and invaluable partner for his support throughout his political journey as Senator, Governor of Lagos State, Presidential candidate and President of the Federal Republic of Nigeria.

The President says he cherishes working closely and collaboratively with Alake in more than three decades.

The President thanks Alake for his candid counseling and unwavering support, which have provided invaluable guidance during challenging times in public office.

He notes that Alake’s staying power in the various roles he has handled in his lifetime has been rooted in his honesty, passion, tact, determination and exceptional public relations.

President Tinubu is confident that the Minister will continue to uphold his high standards of excellence in service to the nation.

He joins family, friends, and well-wishers in offering prayers for Alake’s continued success and well-being.

 

 

 

 

 

 

 

 

 

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BIG STORY

Local Government Election Holds In Rivers Despite Police Absence [PHOTOS]

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The local government election in Rivers State is currently underway, notwithstanding the notable absence of police personnel to oversee the process.

Sources reveal that sensitive materials have been successfully distributed across various local government areas.

Governor Siminalayi Fubara remains resolute in his determination to conduct the election, despite escalating tensions within the state.

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