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Whistle-Blower Accusation: FG Pays Reward For Only Recovered Funds —- AGF Malami Speaks

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Minister of Justice, Abubakar Malami, has said the Federal Government would pay whistleblowers after a successful recovery, not for mere tracing or exposure of suspected illegitimate funds.

The Special Assistant to the Minister of Justice, Abubakar Malami, on Media and Public Relations, Dr Umar Gwandu, said this in a statement in Abuja.

The PUNCH had reported that a whistle-blower, John Okupurhe, wrote a letter to the President, Major General Muhammadu Buhari (retd.), accusing the Office of the Attorney General of the Federation of refusing to pay him commission after exposing over $1 billion (N420 billion) hidden in Unity Bank Plc.

Okpurhe said this in a letter written by his lawyer, Aliyu Lemu, dated June 22, 2020.

The whistle-blower said the account was secretly being operated by the Nigerian Ports Authority to illegally collect revenue from vessels.

He said upon discovery, he informed the Office of the AGF of the secret account in line with the whistle-blower policy, and that an agreement was signed.

Reacting, the minister said the funds which were exposed have not been recovered.

“The Office of the Attorney-General of the Federation and Minister of Justice wants to make it categorically clear that one does not get paid on account of exposing looted assets, but on successful recovery and lodgment of same into the designated assets recovery account at the Central Bank of Nigeria,” he said.

He said the procedure for engagement of a whistleblower or recovery agent as it relates to the Office of the Attorney-General of the Federation is as follows:

“A Proposal is submitted to the Office of the Attorney-General of the Federation, a Letter of Engagement is issued to a whistleblower or recovery agent where the disclosure is assessed to have some prospects of success.

“The recovery agent or whistleblower is expected to notify in writing the acceptance of the engagement.

“The recovery agent or whistleblower is expected, upon acceptance, to not only trace the assets but recover the same and have it deposited in a designated asset recovery account maintained by the federal government in the Central Bank which is usually provided to the recovery agent in writing.”

He added that where these funds are eventually claimed to have been lodged by a whistleblower or recovery agent, the Central Bank issues acknowledgment of receipt of the fund to the Office of Attorney-General on demand.

“It is the satisfaction of the above elements that entitles the whistleblower or a recovery agent to a claim of the success fee and the payment is usually effected by the Federal Ministry of Finance and not the Office of the Attorney-General of the Federation.

“The role of the Office of the Attorney-General, in essence, is simply that of processing the above-listed documents to the Ministry of Finance which is the ministry saddled with the responsibility of effecting payment.”

Malami explained further that recovery is not about exposing the existence of certain assets in an account purported to have belonged to an agency of the government.

“It is about establishing that the funds in the account are looted assets or illegitimately warehoused and following that up with actual recovery and lodgment of the funds in the designated Asset recovery account through judicial and extrajudicial means.

“Entitlement to recovery fees is for all intent and purposes contingent on lodgment of the purported/exposed assets constituting the subject of recovery into the Federal Government Recovery designated Account.

“This account is maintained at the instance of the President at the Central Bank of Nigeria and the details of the account are contained in the engagement letter.

“The agreed remuneration shall become due and payable to the whistle-blower within thirty (30) days of the receipt of the recovered/looted funds by the Federal Government of Nigeria and payment shall be made to the designated/nominated account provided in writing by the whistle-blower.”

Malami advised that “if the whistleblower in the circumstances of this case feels strongly that there is any claim of wrongdoing associated with the alleged claim relating to the recovery process, the whistle-blower should consider lodging a complaint with the relevant institutions of his choice for the matter to be properly investigated and or consider a judicial redress in the alternative”.

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Yahaya Bello: EFCC Confirms Refund Of $760,000 From American International School Abuja

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The American International School in Abuja has reimbursed the Economic and Financial Crimes Commission (EFCC) for the amount of $760,910 that it was previously paid by former Kogi State Governor Yahaya Bello for his children’s advanced school fees.

Dele Oyewale, the EFCC spokesperson, verified this on Saturday.

The school requested the anti-graft agency’s “authentic banking details” in a letter dated October 24, 2022, in order to pay the reimbursement “as part of investigation into the alleged money laundering activities by the Bello family.”

The sum of $845,852 was said to be paid to the school between September 2021 and October 2022. The school said it deducted the educational services rendered between the period, with the remaining amount being $760,910.

The EFCC is prosecuting Bello on 19 counts bordering on alleged money laundering, breach of trust, and misappropriation of funds to the tune of N80.2 billion. The matter is before Justice Emeka Nwite of the Federal High Court in Abuja.

EFCC chief Ola Olukoyede, who vowed to prosecute Bello or resign, alleged that the embattled ex-governor withdrew $720,000 from the state’s accounts to pay his child’s school fees in advance just before he left office on January 27, 2024.

The anti-graft commission had declared Bello wanted after his successor, Governor Usman Ododo allegedly whisked him away on April 17, 2024, preventing EFCC operatives to arrest him (Bello) when they laid siege to his Abuja residence.

Meanwhile, a Kogi State High Court sitting in Lokoja has ordered EFCC chairman to appear in court on May 13, 2024, to show cause why an order of committal should not be made against him for allegedly disobeying court order.

The EFCC boss is facing a contempt charge for carrying out “some acts upon which they (the EFCC) have been restrained” by the Court on February 9, 2024, pending the determination of the substantive Originating Motion.

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Yahaya Bello: Kogi Court Summons EFCC Chairman Olukoyede Over Alleged Contempt

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Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), has been directed by a Kogi State High Court in Lokoja to appear in court on May 13, 2024, to provide justification for not having an order of committal placed against him for allegedly defying a court order.

A contempt charge has been brought against the EFCC chairman for executing “some acts upon which they (the EFCC) have been restrained” by the Court on February 9, 2024, while the Originating Motion’s merits are being determined.

Justice I. A. Jamil, delivering a ruling in Suit No: HCL/68M/2024 and Motion No: HCL/190M/2024, ordered that “the said act was carried out by the Respondent (EFCC) in violation of the order, which was valid and subsisting when they carried out the act. That same act of the Respondent amounts to Contempt.

EFCC operatives had laid siege on the residence of the immediate past Governor of Kogi State, Alhaji Yahaya Bello, as early as 8 am on April 17, 2024, with a bid to arrest him, despite a court order restraining them from taking such action, pending the determination of the Originating Motion.

Justice Jamil’s order was based on a motion ex-parte filed by Yahaya Bello through his lawyer, M.S. Yusuf, where he prayed to the court for an order to issue and serve the Respondent (EFCC Chairman) with Form 49 Notice to show cause why Order of committal should not be made on Olukoyede.

Having listened to the arguments of the Applicant’s counsel, the submission and the exhibits attached in the Written Address, Justice Jamil granted Yahaya Bello’s prayers and ordered Olukoyede to be summoned to appear before the court to answer the contempt charge.

Delivering his order on the motion on April 25, 2024, Justice Jamil said, “The applicant’s application before me is to the effect that the Respondent has carried out some acts upon which they have been restrained by this Court on the 9th of February, 2024, pending the determination of the substantive motion on Notice before this Court.

“That the said act was carried out by the Respondent in violation of the order which was valid and subsisting when they carried out those acts. That same acts of the Respondent amount to acts of contempt.

“That the Respondent should be summoned to appear before this Court to answer to the contempt charge.

“It’s against the above facts that this Court hereby grants the prayers sought in line with the principle of “Audi Ultra Patem”. To wit:

“An order of this Honourable Court for the issuance of Form 49 Notice to show cause why an order of committal should not be made against the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC).

“An order for service of Form 49-Notice to show why an order of committal should not be made on the Executive Chairman of the Respondent – Economic and Financial Crimes Commission (EFCC) at EFCC Corporate Headquarters, Plot 301/302, Research and Institution District, Abuja.

“This matter is adjourned to the 13th of May, 2024 for the Respondent’s Chairman to appear before this Court in answer to form 49 ordered to be served on him.”

 

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Naira Depreciates Because I Was Out Of The Country — Odumeje

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The Mountain of Holy Ghost Intervention and Deliverance Ministry’s Prophet Chukwuemeka Ohanemere, popularly known as Odumeje, declared that he had returned to Nigeria in an effort to halt the dollar’s appreciation relative to the Nigerian Naira.

Odumeje, in a video recorded at the airport while returning from London, boasted: “This is Indaboski Bahose. The war and the battle. A man full of power and activities. The only man who tells you, “I will bring down a dollar,” and he gets it done. When I left the country, dollar began to rise; now, I am back, I will continue where I stopped.”

In a video recording of one of his church programmes a few weeks ago, the self-acclaimed prophet had claimed that the exchange rate of dollar to naira came down because of one of his powers, which he dubbed ‘Abidoshaker.’

His claims came on the heels of the Nigerian currency’s significant gains after exchanging at N1,920 per dollar.

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