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Former Accountant General Nwabuoku Begs Court For Time To Refund Looted Funds

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Anamekwe Nwabuoku, a former acting Accountant-General of the Federation, begged Justice James Omotoso of the Federal High Court in Abuja on Wednesday to grant him further time to complete the reimbursement of the public funds that he and his co-defendant are accused of embezzling.

Nwabuoku and Felix Nweke, his co-defendant, are accused of 11 counts of money laundering totaling N1.6 billion.

Economic and Financial Crimes Commission (EFCC) is the prosecuting authority for them.

The defendants were accused of committing to the act while Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021.

While Nwabuoku is the first defendant, Nweke is the second defendant in the charge marked FHC/ABJ/CR/240/24 dated May 20 and filed on May 27 by EFCC counsel, Ekele Iheanacho.

Nwabuoku was appointed acting AGoF on May 20, 2022, under ex-President Muhammadu Buhari after Ahmed Idris was suspended as AGF over alleged N80bn fraud.

He was, however, removed in July 2022, a few weeks after assuming office.

When the matter was called on Wednesday, the defendants prayed the court to halt their arraignment until another date to perfect the refund.

Nweke’s lawyer, Emeka Onyeaka, informed the court that there was a new development in the case.

He told the court that his client had taken steps towards settling the matter.

The lawyer said Nweke had made substantial refunds of the money traced to him by the anti-graft agency.

“The second defendant has taken steps, as there is a communication to the commission via-a-vs the alleged offences on making a refund.

“The commission is in receipt of the money and promised to communicate to us,” he said.

The defence counsel said upon being served with the charge, “We communicated with the commission and we were asked to tarry for their administrative procedure.”

He said since a substantial amount had been refunded, if his client was arraigned, such action would affect the trial.

He, therefore, prayed the court to grant them an adjournment to take further steps on the administrative procedure.

Maduakolam Igwe, who appeared for Nwabuoku, aligned with Onyeaka’s submission.

Igwe said his client had equally taken the same steps and that a substantial amount had been refunded.

“We have written to the commission on this. The first defendant has also made some refunds.

“May I adopt the submission of my learner friend to tidy up the administrative procedure,” he corroborated.

Responding, counsel who appeared for the EFCC, Ogechi Ujam, acknowledged that though the commission was in receipt of a proposal letter, she said, “No negotiation has been made, no settlement has been done and no agreement has been reached by parties.

“In the circumstances, we urge this honourable court to allow us to arraign the defendants.”

After hearing the parties out, Justice Omotosho adjourned till October 14 for arraignment.

BIG STORY

Ikorodu Teacher Arrested For Physically Abusing 3-Yr-Old Boy In Viral Video [SEE VIDEO]

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The Lagos State Domestic and Sexual Violence Agency has confirmed the arrest of a teacher following a viral video showing the suspect allegedly physically abusing a three-year-old boy at a school in Ikorodu.

The announcement was made in a statement shared on X (formerly Twitter) on Wednesday.

The video, shared by Oyindamola, who identifies as #dammiedammie35, captured a female teacher slapping the child’s face.

The video was captioned, “Footage from Christ-Mitots School in Ikorodu, a teacher named Stella Nwadigo was witnessed mistreating and physically abusing a three-year-old boy, Abayomi Micheal.”

The footage has raised serious concerns about the safety and well-being of our little ones in school.”

Reacting to the incident, the Lagos DSVA issued a statement expressing gratitude to those who brought the video to their attention

The statement reads, “We appreciate everyone who brought the disturbing incident of a teacher who was recorded physically abusing a 3-year-old boy to our attention.

We are pleased to inform the public that the teacher in question has been arrested by Owutu FSU, and an investigation has commenced in earnest.

The agency reiterated the state government’s commitment to protecting children, emphasizing that schools must be safe and nurturing spaces.

The statement added, “Indeed, institutions of learning should be safe, warm, and protective environments for all children in their care.

The State Government remains committed to ensuring the safety and well-being of every child by enforcing strict regulations, holding offenders accountable, and working with stakeholders to promote a zero-tolerance policy for abuse in any form.”

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BIG STORY

China Development Bank Approves $254m Loan For Kano-Kaduna Railway Project

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The China Development Bank (CDB) has provided a loan of $254.76 million for the construction of the Kano-Kaduna railway project in Nigeria.

In a statement on Tuesday, the bank stated that the funding aims to support the smooth advancement of the infrastructure project.

The CDB highlighted that the construction is being undertaken by China Civil Engineering Construction Corporation (CCECC), with financial support from the bank.

“The Kano-Kaduna railway, with a total length of 203 kilometers, is a standard-gauge railway,” the statement reads.

“Once completed, it will provide direct rail connectivity between Kano, an important northern city in Nigeria, and the country’s capital Abuja, offering local residents a safe, efficient, and convenient mode of transportation.”

In addition to enhancing mobility, the bank mentioned that the project is expected to stimulate economic growth along the railway corridor, generating job opportunities and promoting related industries.

“The Kano-Kaduna railway project has been included in the list of practical cooperation projects for the Third Belt and Road Forum for International Cooperation,” the CDB added.

The bank stated that the construction is progressing smoothly and reiterated its commitment to collaborating closely with the Nigerian government to ensure the disbursement of funds and effective management of the next phases of the project.

On July 15, 2021, President Muhammadu Buhari launched the construction of the Kano-Kaduna railway project.

The rail project is the third phase of the Lagos-Kano standard gauge railway modernization project.

The first phase (Abuja-Kaduna) and the second phase (Lagos-Ibadan) were inaugurated for commercial operations in July 2016 and June 2021, respectively.

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BIG STORY

ICPC Files Money Laundering Charge Against El-Rufai’s Former Commissioner

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged Muhammad Sa’idu, a former commissioner during the administration of Nasir el-Rufai, ex-governor of Kaduna, to court over alleged “money laundering.”

The Kaduna police command arrested Sa’idu over a petition for alleged diversion of public funds.

Osuobeni Akponimisingha, the ICPC’s assistant legal officer, filed the case against the former commissioner on Tuesday at the federal high court in Kaduna.

Sa’idu served as the commissioner of local government affairs, chief of staff, and commissioner of finance during the administration of el-Rufai.

The ICPC dismissed an earlier claim that Sa’idu had been exonerated of all charges after 10 months of investigation.

The former commissioner is charged alongside Ibrahim Muktar, a staff in the ministry of finance.

According to the suit No. FHC/KD/IC/2025, the defendants are charged on a two-count charge of “money laundering.”

“Sometime in March 2022 or thereabouts, Alhaji Muhammad Bashir Sa’idu, who at that time commissioner of finance, did accept cash payment of the sum of N155m from one Ibrahim Muktar exceeding the amount authorised by law, which sum you received in cash through proxy to wit: Muazu Abdu, your Special Assistant and you thereby committed an offence contrary to Section2(a) and punishable under the Section 19(d) of the “Money Laundering(Prevention and Prohibition) Act, 2022,” the charge sheet reads.

The ICPC also alleged that within the same period, Sa’idu “indirectly took control of the sum of N155m received in cash for and on behalf of you by one Muazu Abdul from Ibrahim Muktar, which he reasonably ought to have known, formed part of the proceeds of an unlawful activity to wit: corruption and you hereby committed an offence contrary to section 18(2)(d) and punishable under Section 18(3) of the “Money Laundering(Prevention and Prohibition) Act, 2022.”

The anti-graft agency noted that section 18(3) of the “Money Laundering (Prevention and Prohibition) Act, 2022” states that “any person who contravenes the provisions of subsection(2) is liable on conviction to imprisonment for a term of not less than four years but not more than fourteen years or a fine not less than five times the value of the proceeds of the crime or both.”

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