Connect with us


BIG STORY

South Africa President, Ramaphosa Risks Impeachment Amid Probe Over ‘$580,000 Stolen From His Farm’

Published

on

Cyril Ramaphosa, South Africa’s president, is facing a possible impeachment threat over alleged corruption.

On Wednesday, an independent panel set up by the speaker of South Africa’s parliament said findings suggested that the president acted in a manner that was inconsistent with his office.

The report centred on the alleged theft of $580,000 cash from Ramaphosa’s farm in 2020, which came to light in June.

The president had been accused of covering up the theft, and the panel had raised questions about how the cash was acquired.

Ramaphosa has, however, denied any wrongdoing.

“Furthermore, the information presented to the Panel establishes, prima facie, the money that was stolen was probably more than US$ 580,000. As one of the suspects stated, they stole about US$800,000,” the panel’s report reads.

“Furthermore, the Namibian police reported that they had identified individuals, bank accounts in various and properties including lodges, houses and vehicles suspected to have been purchased with the proceeds of the crime.

“Another troubling feature about the source of the stolen foreign currency, is that the theft was never reported to the South African Police Services for investigation as an ordinary crime. Nor was the theft reported under the section 34(1) of PRECCA.”

The panel was established in September 2022 to find out if there was preliminary evidence of wrongdoing by the president.

“In all the circumstances, we think that the evidence presented to the panel, prima facie, establishes that the president may be guilty of a serious violation of certain sections of the constitution,” the report adds.

The panel also said it was evident that Ramaphosa put himself into a situation where there was a conflict of interest between his official responsibilities as president and as a business person involved in farming.

According to the BBC, Ramaphosa was expected to answer questions in parliament on Thursday.

However, he is said to have postponed his appearance before the lawmakers.

If the parliament finds the president guilty of serious misconduct, the process for an impeachment vote could be set in motion.

The inquiry is separate from a criminal investigation that police are conducting, and which Ramaphosa has welcomed.

The president, who was sworn into office in May 2019, is weeks away from an elective conference that will decide if he gets to run for a second term in the country’s 2024 polls.

The development also comes weeks after Jacob Zuma, Ramaphosa’s predecessor, was freed from prison after getting jail time for ignoring instructions on participating in a corruption inquiry.

BIG STORY

NDPC Fines MultiChoice N766m For ‘Violating Privacy Of Subscribers’

Published

on

The Nigeria Data Protection Commission (NDPC) has imposed a fine of N766.24 million on MultiChoice Nigeria, the parent company of DStv and GOtv, for “violating the privacy of subscribers and their friends”.

In a statement on Sunday signed by Babatunde Bamigboye, head of legal, enforcement and regulations at NDPC, the commission explained that the sanction followed an investigation launched in the second quarter of 2024.

NDPC said MultiChoice was found to have breached the Nigeria Data Protection (NDP) Act after an inquiry into alleged violations of the privacy rights of its subscribers and the illegal cross-border transfer of personal data belonging to Nigerians.

“NDPC found, among others, that Multichoice violated the data privacy rights of subscribers and their friends who are not necessarily subscribers,” the commission stated.

“The Commission also found that Multichoice carries out illegal cross-border transfer of personal data relating to data subjects in Nigeria.

“The depth of data processing by Multichoice is patently intrusive, unfair, unnecessary and disproportionate. This is a grave affront to fundamental right to privacy as enshrined in section 37 of the 1999 Constitution of the Federal Republic of Nigeria.

“Nigeria is entitled to protect her citizens, and data sovereignty under both international and extant municipal laws – as these have far-reaching implication for rule of law, national security and economic growth.

“In line with its standard remediation procedure, the Commission directed Multichoice to carry out appropriate remedial measures. However, the Commission found the measures undertaken by Multichoice in this regard unsatisfactory.

“For want of cooperation, the Commission has directed Multichoice to pay N766,242,500 for violating the Nigeria Data Protection Act.”

NDPC also stated that Vincent Olatunji, the national commissioner of the agency, has directed that every outlet through which MultiChoice collects Nigerians’ personal data be investigated for possible non-compliance.

Olatunji emphasized that any outlet processing personal data in violation of the NDP Act would be subject to a penalty as stipulated by the Act.

Continue Reading

BIG STORY

US Court Jails Nigerian Pastor Over $4.2million COVID-19 Fraud As Monarch Forfeits Properties

Published

on

They appeared before Justice Christopher Boyko at the US District Court of Ohio.

A Nigerian pastor, Edward Oluwasanmi, has been sentenced by a United States District Court to 27 months in prison for defrauding the COVID-19 relief fund.

His associate, the Apetu of Ipetumodu, Oba Joseph Oloyede, forfeited his property to the US government while awaiting a court ruling set for August 1.

Oluwasanmi and Oba Oloyede were arrested in early 2024 for fraudulently obtaining $4.2 million in COVID-19 relief funds.

They were charged with 13 counts, including conspiracy to commit wire fraud, wire fraud, conspiracy to defraud, money laundering, and engaging in monetary transactions involving criminal proceeds.

They were brought before Justice Christopher Boyko at the US District Court of Ohio.

Reports indicated both men pleaded guilty to some of the charges under a plea agreement.

According to court documents, Judge Boyko sentenced Oluwasanmi on Wednesday, July 2, to 27 months on counts one, 11, and 12 of the indictment.

The sentences will run concurrently.

The court also ordered Oluwasanmi to pay a $15,000 fine and report to the U.S. Marshal Service.

The court stated, “Supervised release three years on each of counts 1 and 11-12, all such terms to run concurrently, with standard and special conditions.”

It also declared, “As a result of the foregoing offenses, defendants Joseph Oloyede and Edward Oluwasanmi shall forfeit to the United States: all property, real and personal, which constitutes – or is derived from – proceeds traceable to the commission of the wire fraud, wire fraud conspiracy offenses; all property constituting, or derived from, proceeds the defendants obtained, directly or indirectly, as the result of the wire fraud, wire fraud conspiracy offenses and any and all property, real and personal involved in the money laundering offenses, and any property traceable to such property.”

Oluwasanmi will forfeit a commercial property located at 422 South Green Road, South Euclid, Ohio. Meanwhile, the court scheduled Friday, August 1, for the sentencing of Oloyede after the monarch pleaded guilty to counts one and 13 of his indictment.

On Monday, April 21, Oba Oloyede, a US-based accountant and information systems professional crowned Apetu in July 2019, entered his guilty plea before the court.

Oba Oloyede and Oluwasanmi were accused of submitting fake applications for the Paycheck Protection Programme and Economic Injury Disaster Loans under the US Coronavirus Aid, Relief and Economic Security Act between April 2020 and February 2022.

They allegedly used falsified tax and wage documents to obtain funds intended to help struggling businesses during the pandemic.

The Act was meant to offer emergency financial relief to Americans facing the economic consequences of COVID-19 by providing loans to small businesses and nonprofits.

Oba Oloyede was alleged to have used some of his companies, including Available Tax Services Incorporated, Available Financial Corporation, and Available Transportation Company, to commit the fraud.

Following the monarch’s disappearance, the Osun State Government said it would wait for the conclusion of his trial before deciding on any action.

The state Commissioner for Information and Public Enlightenment, Kolapo Alimi, said, “A person is innocent until a court convicts them. So, we don’t want to jump the gun; let us wait for the court’s pronouncement on the matter.”

Continue Reading

BIG STORY

UK Grants Duty-free Access To 3,000 Nigerian Products Under New Trade Scheme

Published

on

The United Kingdom has revealed that more than 3,000 Nigerian products, such as cocoa and cashew, are now eligible to enter the UK market either duty-free or at reduced tariffs. The Country Director for the UK Department for Business and Trade, Mark Smithson, announced this development as part of the UK’s Developing Countries Trading Scheme (DCTS) in a recent video released by the UK in Nigeria.

“Up to 3,000 products from Nigeria qualify for low tariff or no tariff access to the UK through the Developing Countries Scheme, one of the most generous trading schemes in the world,” Smithson stated.

He added that the UK has streamlined the process for Nigerian exporters, making it simpler to trade a wide range of goods, including cocoa and textiles.

Smithson urged Nigerian exporters to take advantage of this opportunity.

“The UK is open and looking to do business with Nigeria. So why don’t you go to the website and find out more about the Developing Countries Trading Scheme and begin to trade with us?”

The DCTS, launched in 2023, replaced the UK’s former Generalised Scheme of Preferences. It aims to lower tariffs and simplify trading regulations for over 60 developing countries, Nigeria included.

Continue Reading



 

Join Us On Facebook

Most Popular