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FG, UK Government At ‘War’ Over Asylum To IPOB Members

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The Federal Government says the reported decision of the United Kingdom to grant asylum to “persecuted” members of the Indigenous People of Biafra (IPOB) is disrespectful of Nigeria as a nation.

The Minister of Information and Culture, Alhaji Lai Mohammed, also said that the decision amounted to sabotaging the fight against terrorism and generally undermining Nigeria’s security.

Fielding questions at a News Agency of Nigeria (NAN) flagship interview programme, NANForum, on Tuesday in Abuja, Mohammed said the decision is unacceptable to Nigeria.

“Let me say straight away that this issue is within the purview of the Honourable Minister of Foreign Affairs and I am sure he will handle it appropriately.

“But as the spokesman for the Federal Government of Nigeria, I will say that if indeed the report that the UK will grant asylum to supposedly persecuted IPOB and MASSOB members is true, then something is wrong somewhere.

“Against the background of the fact that IPOB is not only proscribed but also designated as a terrorist organisation here in Nigeria, the UK’s decision is disrespectful of Nigeria as a nation.

“The decision amounts to sabotaging the fight against terrorism and generally undermining Nigeria’s security.

“It is not only unconscionable, but it is also inexplicable,” he said.

The minister said that there had recently been heightened attacks against security agencies in the South East Zone.

He said IPOB had been fingered as being behind the attacks in spite of its denials.

“For the UK to choose this time to give succour to IPOB beggars belief and calls to question the UK’s real intention.

“If we could go down the memory lane, what the UK has done is like Nigeria offering asylum to members of the IRA before the 1998 Good Friday Peace Agreement,” he said.

NAN reports that the UK Visas and Immigration (UKVI) had released new guidelines to its decision-makers on how to consider and grant asylum applications by members of Biafran secessionist groups.

In the guidelines, asylum is to be granted to “persecuted” members IPOB, a group that Nigeria had designated as a terrorist organisation.

Also in the guidelines, asylum is to be granted to the Movement for the Actualisation of the Sovereign State of Biafra.

BIG STORY

JUST IN: CBN Increases Banks Capital Base To N500bn, N200bn For National Commercial Banks

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The capital basis for commercial banks with international permission has been raised to N500 billion by the Central Bank of Nigeria (CBN).

The policy change was confirmed by Mrs. Hakama Sidi Ali, CBN’s acting director of corporate communications. in a declaration.

She added that commercial banks with regional authorization are expected to reach a capital floor of N50 billion, while those with national authority must meet a ceiling of N200 billion.

Announced on Thursday, March 28, 2024, this comprehensive financial reform requires significant increases in banks’ minimum capital bases, which vary depending on the size of the bank.

The latest policy directive specifies that commercial banks with international authorization are now required to shore up their capital base to N500 billion.

In a bid to tighten the financial fabric, the CBN has not overlooked merchant banks, which are now subject to a N50 billion minimum capital requirement.

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Detained Binance Executive Gambaryan Drags EFCC, NSA To Court

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Tigran Gambaryan, the CEO of Binance who is currently in detention, has claimed that he has been violated in his fundamental human rights by the Economic Financial Crimes Commission and Nuhu Ribadu, the National Security Adviser.

Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution.

He urged the court to order the NSA and the EFCC to release him from their custody and return his international travel passport with immediate effect.

Gambaryan also sought an order of perpetual injunction restraining the respondents and their agents from further detaining him in relation to any investigation into or demands from Binance.

He also urged the court to order the respondents to issue a public apology to him.

Gambaryan averred that he was in Nigeria alongside fleeing Nadeem Anjarwalla to honour the invitation of the ONSA and EFCC to discuss issues relating to Binance in Nigeria.

Anjarwalla escaped from the guest house where he and Gambaryan were being held

He argued that he had not committed any offence during the meeting, and neither was he informed in writing of any offence he personally committed in Nigeria at any other time.

“The only reason for his detention is because the government is requesting information from Binance and making demands on the company,” he added.

The fleeing Anjarwalla also filed a similar suit, marked: FHC/ABJ/CS/355/24.

At the proceedings on Thursday, T.J. Krukrubo (SAN) appeared for the plaintiffs, while the respondents had no representation.

Krukrubo informed the court that the respondents were served two days ago.

Shortly after that, he announced to the court that he was withdrawing from the matter as counsel for the fleeing Anjarwalla.

He did not give reasons for his withdrawal.

The trial judge, Justice Inyang Ekwo, adjourned the matter till April 8.

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Federal Government To Arraign Binance Executives Over ‘Tax Evasion’ On April 4

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On April 4, the federal authorities will file charges against senior executives of the cryptocurrency company Binance, Tigran Gambaryan, and Nadeem Anjarwalla, for allegedly engaging in “tax evasion.”

Anjarwalla is Binance’s regional manager for Africa, while Gambaryan oversees the company’s compliance with financial crimes.

The Federal Inland Revenue Service (FIRS) charged Binance with a crime on March 25th for “tax evasion.”

The service claims that the action is intended to maintain national economic integrity and fiscal discipline.

The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, is said to “implicate Binance with a four-count tax evasion accusation”.

However, on Thursday, NAN reported the federal government will charge the three defendants before Emeka Nwite, the presiding judge, at the federal high court (FHC) in Abuja on a four-count charge.

Despite not being a vacation judge, according to the report, the chief judge granted the fiat for the judge to oversee the case during vacation because it is a matter of critical national interest.

The lawsuit comes a month after Anjarwalla and Gambaryan were detained by the Nigerian authorities.

Anjarwalla and Gambaryan had flown into Nigeria but had their passports seized by ONSA.

On March 12, Anjarwalla was transferred to a local hospital after he fell ill while in detention in Nigeria.

However, on March 25, Anjarwalla escaped from custody and fled Nigeria with a smuggled passport.

Meanwhile, Gambaryan, on March 28, sued Nuhu Ribadu, the national security adviser (NSA) and the Economic Financial Crimes Commission (EFCC), alleging violation of his fundamental rights.

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