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Kaduna Assembly Probes ‘Multi-Million Dollar Loans’, Projects Under Former Governor el-Rufai

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The committee set up to probe the finances of Kaduna under the administration of Nasir el-Rufai, the immediate former governor of the state, has commenced an investigation.

The committee, which is made up of 13 members, was set up by the Kaduna assembly in April.

The panel is tasked with looking at loans, grants, and project implementation from 2015 to 2023, the period when el-Rufai was governor of the state.

Suraj Bamalli, the media aide to Yusuf Liman, speaker of the Kaduna assembly, announced the development in a statement on Tuesday.

“The adhoc committee set up to conduct a comprehensive fact-finding into financial dealings, the status of executed contracts, loans, grants, and project implementation from 2015-2023 has commenced its clarification session,” the statement reads.

“The committee has engaged in detailed discussions with several key present and past government officials, including former Commissioner of Agriculture and Commerce, Honorable Manzo Maigari; Former KADPPA Boss and Commissioner of Budget and Planning, Honorable Thomas Gyang, Commissioner and Administrator of Zaria Metropolitan Authority, Hajia Balaraba Aliyu, amongst others.

“The Kaduna State House of Assembly appreciates the cooperation and contributions of all individuals involved in this process and assures the public of their dedication to upholding the highest standards of governance during this process.”

On March 30, Uba Sani, governor of Kaduna, said his administration inherited a debt of $587 million, N85 billion, and 115 contractual liabilities from el-Rufai’s administration.

The Kaduna governor said the huge debt burden is eating deep into the state’s share of the monthly federation allocation.

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JUST IN: Tinubu Directs Immediate Release Of Minors Facing Prosecution

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has directed that all the minors arrested and facing prosecution in court over their alleged involvement in the #EndBadGovernance protest should immediately be released without prejudice to the law.

This follows the national outrage and international consternation that trailed the trial of the minors.

President Tinubu also directed the Minister of Humanitarian Affairs and Poverty Reduction to see to the welfare of the minors.

The Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents, in Abuja.

The Minister said that the President said all the law enforcement agents involved in the arrest, detention and prosecution of the minors be investigated and anyone found culpable, would face appropriate disciplinary action.

 

More to come…

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Court Orders Arrest Of Dana Airline MD, Hathiramani Ranesh, Over Alleged N1.3 Billion Fraud

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A Federal High Court in Abuja has issued an arrest warrant for the Managing Director of Dana Air, Mr. Hathiramani Ranesh, due to his alleged failure to appear in court.

The Attorney General of the Federation had filed a six-count charge against Ranesh and two others.

In count one, Ranesh and the two companies, alongside others at large, were alleged to have committed a felony between September and December 2018 within the premises of DANA Steel Rolling Factory in Katsina. They were accused of conspiring to remove, convert, and sell four units of industrial generators “i.e. three (3) units Ht of 9,000 KVA and 1 unit of 1,000 KVA; all valued at over N450 million, which form part of the Deed of Asset Debenture that were charged as collateral security for a bond issued in your favour, which Deed is still subsisting at all material times.”

In count three, the defendants and others at large at House No. 116, Oshodi-Apapa Expressway, Isolo-Lagos between April 7th and 8th, 2014, were alleged to have conspired to fraudulently divert the sum of N864 million.

This amount was said to be part of the bond proceeds from Ecobank meant for the resuscitation of production at Dana Steel Rolling Factory in Katsina for other unapproved uses.

In count five, the defendants and others at large were alleged to have “conspired to fraudulently remove and transfer to one Atlantic Shrimpers Account No: 0001633175 with Access Bank and divert the sum of N60,300,000 (Sixty Million Three Hundred Thousand Naira).”

The total amount involved in the charges is N1,374,300,000.

Justice Obiora Egwuatu ruled that Ranesh’s arrest was necessary after he was served with charges and failed to attend multiple court proceedings.

The judge noted that according to Section 184 of the Administration of Criminal Justice Act (ACJA), 2015, the court is authorized to issue an arrest warrant for any defendant who does not show up.

Justice Egwuatu stated, “The 1st defendant is bound to appear before the court, and if he does not, the court can issue a warrant for his arrest.” Consequently, he issued a warrant for Ranesh’s arrest, requiring him to appear in court on January 13, 2025, before any objections can be addressed. The case has been adjourned until that date for further hearing.

The Federal Government’s attorney, Mojisola-Okeya Esho, had previously requested the bench warrant, citing Ranesh’s absence in connection with a N1.3 billion fraud case against him.

However, defense lawyer B. Ademola-Bello contended that they had filed a preliminary objection regarding the court’s jurisdiction to hear the case, which had already been served to the prosecution.

Esho opposed the preliminary objection, asserting that the defendants should be present. Justice Egwuatu, who gave his ruling, ordered that Ranesh be arrested and brought to court on the nexta djourned date.

 

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JUST IN: President Tinubu Swears In Seven Ministers

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has sworn in seven ministers-designates.

The ceremony was held in the council chamber of the Aso Rock villa on Monday.

The ministers-designate were confirmed by the senate in the committee of the whole after a screening exercise last week.

The senators spent hours asking them questions on portfolios assigned to them by the president.

The upper legislative chamber confirmed Nentawe Yilwatda as minister of humanitarian affairs and poverty alleviation, Muhammadu Maigari Dingyadi as minister of labour and employment, Bianca Odumegwu-Ojukwu as minister of state for foreign affairs, and Yusuf Abdullahi Ata as minister of state for housing and urban development.

Others are Idi Mukhtar Maiha as minister of livestock development, Jumoke Oduwole as minister of trade and investment, and Suwaiba Said Ahmad as the minister of state for education.

About two weeks ago, Tinubu sacked five ministers and asked the senate to screen and confirm these new ones to fill vacant and new portfolios in his cabinet.

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