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Malami Terminates ‘N1.8bn Fraud’ Suit Against Dasuki’s Ex-Aide After Taking Over Case From EFCC

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A federal high court in Abuja has discharged Nicholas Ashinze, a former aide of Sambo Dasuki, former national security adviser, of money laundering allegations.

The ruling of the court followed the withdrawal of the case by the office of the attorney-general of the Federation (AGF).

Recall that Ashinze was arraigned alongside Wolfgang Reinl, an Austrian security consultant; Sagir Mohammed, a retired military intelligence officer; and Edidiong Idiong, a legal practitioner,

Other defendants in the case are five companies, Geonel Integrated Services Limited, Unity Continental Nigeria Limited, Helpline Organisation, Vibrant Resource Limited, and Sologic Integrated Service Limited listed as 5th to 9th defendants respectively.

They were re-arraigned by the Economic and Financial Crimes Commission (EFCC) on a 13-count money laundering charge to the tune of N1.8 billion in October 2017.

The money was alleged to have emanated from the office of the former NSA where Ashinze served as special assistant.

The defendants, however, pleaded not guilty to all the counts preferred against them.

Tuesday’s Proceedings

At the court session on Tuesday, David Kaswe, who appeared for the AGF, informed the court that he had the approval of Abubakar Malami to take over the case.

The lawyer said this was in accordance with section 174(1)(a) and (c) of the 1999 constitution (as amended).

Offem Uket, EFCC’s counsel, said although he was unaware of the change, he was not opposed to the application.

After taking over the suit, Kaswe moved a motion for the withdrawal of the criminal charge against the defendants.

Afam Osigwe, Patrick Agu, and Anita Isato, all lawyers to the defendants, did not oppose Kaswe’s application.

They, however, prayed the court for a consequential order acquitting their clients.

Osigwe, who represented the second, fourth, fifth, and sixth defendants, argued that considering the facts and circumstances of the case and including the number of years spent, the court should exercise its discretionary powers in acquitting the defendants.

“Such an order of acquittal will show that the Nigerian justice system is one that gives justice to all,” he said.

Other defense lawyers aligned with Osigwe’s submission.

But the AGF’s lawyer opposed the application for an order of acquittal.

“We pray that the defendants be discharged but not acquitted,” Kaswe said

Delivering the ruling, Okon Abang, the presiding judge, held that the prosecution had not closed their case before the application for withdrawal was made.

“The court cannot be satisfied on the merit of the case except the prosecution closed their case and the defendants testified in their defense and called their witnesses,” he said.

Consequently, Abang struck out the amended charge and discharged the defendants.

BIG STORY

How The State Assembly Fuels The Growth Of Lagos And Nigeria’s Economy — Obasa [PHOTOS]

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Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Obasa has declared unequivocally that Lagos State and, by extension, Nigeria’s economy have benefited immensely from the progressive, proactive, and productive legislature under his watch.

Obasa made this declaration at The Expatriates Business Awards (TEBA) held Sunday, July 6, at the Grand Ballroom of the Oriental Hotel, Victoria Island, where he was the Chief Host.

Organised by Pun Communications Ltd., the TEBA, an evening of culture and commerce where the handshakes of diplomacy meet the heartbeats of Nigerian creativity, celebrates the significant contributions of expatriates, ethnic businesses, and migrant communities to Lagos and Nigeria.

In his rousing welcome address to a diverse audience of diplomats, industry leaders, and entrepreneurs, Speaker Obasa spotlighted the state assembly, which he had led for the past decade, as an integral catalyst to Lagos’ economic growth for enacting laws that have created an enabling environment for businesses, attract investments, and foster sustainable economic growth.

Aside reviewing and amending laws to address emerging economic challenges and opportunities, the Speaker said the Assembly plays a crucial role in promoting economic development by enacting and overseeing laws that govern public procurement like the Public Procurement Law (2021), which regulates how the state procures goods and services and promotes transparency and accountability in government spending.

There is also the Appropriation Law for resource allocation for various development projects and initiatives, and the Public-Private Partnership (PPP) Law that facilitates collaboration between the public and private sectors to deliver projects like roads, power plants, and other essential infrastructure. The Speaker further mentioned the Land Use and Management Laws, which govern land use, development, and allocation, crucial for attracting investment and facilitating development projects.

To ensure the safety and security of Nigerians and foreigners alike, and boost the confidence of expatriates in coming to live and invest in Lagos, Obasa said, “We also created the Lagos State Neighbourhood Safety Corps (LNSC) to assist and complement the police by providing valuable intelligence for crime prevention and facilitating the arrest of perpetrators of criminal activities in the state.”

However, Speaker Obasa said that aside from the legislature, the state has benefited tremendously from being accommodating and receptive to foreigners. He recalled that this distinct nature of the state spurred a Portuguese explorer who was fascinated by the city’s strategic coastal location and trade potential to rechristen Eko as the state was then known to ‘Lagos.’

Over the centuries, Obasa noted that the incursion of expatriates into the evolving Lagos economy ensured that it enjoyed more rapid growth than any other Nigerian city, citing expatriates’ spending on housing, education, and leisure, among other areas of life as being a huge boost for local businesses.

He added, “As a centre for commerce, industry, and innovation, we have built a state where expats report a high quality of life, enjoying many luxuries not accessible back at home, and businesses and tourism thrive.

“Lagos also creates a fertile and enabling ground for expatriate involvement as their invaluable contributions span leadership in major companies, participation in key industries, contributions to professional services, and importation of international expertise.”

While acknowledging the importance of collaboration and unity in driving progress, fostering economic growth, creating jobs, and enhancing Lagos’s global standing, Speaker Obasa called for a more mutually beneficial partnership.

“This is a clarion call to our expatriates to continue playing their parts here by paying taxes and giving back to our people through veritable Corporate Social Responsibility activities. This is the only way we can have a mutually beneficial and harmonious relationship because your enterprises and initiatives are not just a boon for our state but, for all of Nigeria, Africa, and the world,” he posited.

Commending the organisers for their vision in highlighting and celebrating the impact of expatriates on Nigeria’s economy, Obasa encouraged the diverse guests to celebrate not only the winners but also the spirit of entrepreneurship.

He concluded, “Let us network, share ideas, and inspire one another as we continue to forge stronger ties within our diverse communities. Together, we can build a sustainable future that harnesses our collective strengths. With that, it gives me great honour to officially declare the Expatriates Business Awards open!

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BIG STORY

JUST IN: Several Passengers Injured As Commercial Bus Somersaults On Lagos Third Mainland Bridge [PHOTOS]

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A serious accident involving a Toyota Camry and a commercial bus, commonly called Danfo, happened on Monday along the 3rd Mainland Bridge in Lagos, leaving many passengers injured.

Reports indicate the crash took place just before Adekunle Junction, heading towards Lagos Island on Monday.

The commercial bus reportedly somersaulted multiple times after the impact.

According to a statement from the Lagos State Rapid Response Squad (RRS), there were no fatalities in the accident.

RRS officials, including bikers and patrol teams, quickly arrived at the location to provide first aid and support to the injured passengers.

Officers from the Adekunle Police Division also responded promptly and are assisting with rescue efforts, while emergency agencies have been deployed to handle the situation and ensure the safe evacuation of victims.

The statement said, “A road accident between a Toyota Camry and a commercial bus Danfo has left several passengers injured on 3rd Mainland Bridge.

The accident occurred before Adekunle Junction, inward Lagos. The commercial bus sumersualting multiple times.

RRS biker and patrol vehicles are assisting in helping on giving first aid to the injured passengers, while men of the Adekunle Police Division are equally on ground, and are providing rescue support.”

The statement also noted, “Emergency services providers have been mobilised. No life loss in the unfortunate incident.

Free flow of vehicular movement has been restored and the ill-fated vehicles evacuated from the road.”

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BIG STORY

Donald Trump Threatens Additional 10% Tariffs On BRICS, Partner Countries

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United States President Donald Trump has declared that countries aligning with the “Anti-American policies of BRICS” will face an extra 10 percent tariff.

“There will be no exceptions to this policy,” Trump stated in a Truth Social post.

His statement comes as the US begins formally notifying affected countries of the tariffs announced earlier this year, with letters and deals scheduled to roll out on Monday.

Trump has consistently criticised BRICS, an economic bloc comprising Brazil, Russia, India, China, and South Africa.

The group was initially formed to strengthen the international positions of its members and counterbalance the US and western Europe.

The bloc later expanded to welcome Iran, Egypt, Ethiopia, and the United Arab Emirates (UAE) in 2024, with Indonesia becoming the first Southeast Asian member the following year.

In January, Nigeria joined Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan as BRICS’ ninth partner country after the creation of the partner-country category at the 16th BRICS Summit in 2024.

Nigeria has continued to pursue full membership.

Since assuming office in January, Trump has rolled out a series of import tariffs on goods from other nations, including a 14 percent tariff on Nigeria.

Meanwhile, Brazil reported that BRICS foreign ministers had expressed “serious concern at the prospect of a fragmented global economy and the weakening of multilateralism” during a meeting in Rio de Janeiro.

Brazil’s statement was not a joint declaration by the bloc, as divisions among its members have grown.

The statement also did not specifically mention the United States, whose unilateral tariffs have triggered worries over a potential global economic slowdown.

When the tariffs were initially introduced, Trump encouraged affected countries to strike deals with the US in hopes of gaining concessions.

As the tariff letters are sent out on Monday, the US president told global counterparts to “take it or leave it”.

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