Saudi Prince Alwaleed Bin Talal Transferred To A Maximum Security Prison

Billionaire Saudi Prince Alwaleed bin Talal, has been transferred to a maximum security prison after refusing to pay the $6 billion as part of a government anti-corruption purge.

Recall that the prince was amongst the 60 detainees being kept under arrest at the Ritz Carlton Hotel.

The detainees were moved by Saudi authorities to Al-Ha’ir Prison. The jail, located south of Riyadh, is the kingdom’s highest-security prison. The relocation of detainees reportedly followed a failure to negotiate their release with the government, refusing to make large financial payments. Riyadh was planning to secure a reported $100 billion in settlements from the kingdom’s billionaire

Alwaleed is a nephew of Saudi King Salman, and is worth more than $17 billion. He is ranked as the world’s 64th richest man, and was once dubbed the “Arabian Warren Buffett.”

The billionaire, who owns stakes in Twitter, Lyft and Citigroup, was arrested in November.

Last year, the Saudi authorities detained dozens of royals, top government officials, and businessmen in a national anti-corruption push, offering freedom to some of the detainees in exchange for paying up to 70 percent of their wealth. The arrests followed the launch of a new anti-corruption committee headed by Saudi Crown Prince Mohammad bin Salman.

 

New York Jury Finds 2 Ex-FIFA Chiefs Guilty Of Corruption

A jury in New York has found two South American ex-FIFA chiefs guilty of corruption. They are Jose Maria Marin, former head of Brazil’s Football Confederation and Juan Angel Napout, former head of Paraguayan football.

And promptly, the once-powerful pair were remanded into custody.

The panel will return after Christmas to deliberate on the fate of a third defendant, former Peru boss Manuel Burga.

The seven-week trial in a Brooklyn federal court exposed endemic criminal activity at the heart of the world’s most popular sport, two and a half years after the United States unveiled the largest graft scandal in the history of world soccer.

On the sixth day of deliberations, Marin, 85, was convicted on six of seven counts, and Napout, 59, on three out of five, in connection with bestowing television and marketing rights to soccer matches.

They were quickly remanded into custody, as marshals in plain clothes burst into the room to surround the men. Napout had just enough time to hand a watch, neck chain and belt to his wife, who sat in the gallery for the verdict with their children.

“The defendants are facing very significant potential sentences,” said Judge Pamela Chen, dismissing pleas from defense lawyers against immediate incarceration. Marin takes medication for depression and hypertension, his lawyer said.

Under federal regulations, Marin and Napout each face at least 10 years in prison. Each conviction carries a maximum sentence of 20 years.

“I don’t think there are real reasons for appeal,” said Chen.

Manuel Burga: to know fate next week
But the jury said they had not yet reached consensus on Burga, 60, who faces one count of racketeering conspiracy. They will return to resume deliberations on Tuesday.

Government prosecutors indicted 42 officials and marketing executives, as well as the sports company Traffic, and detailed 92 alleged crimes to the tune of more than $200 million, but so far only these three defendants have faced trial.

Marin and Napout betrayed no emotion as they heard the verdicts.

Jonathan, Do Yourself A Favour: Keep Quiet!

By Akin Fadeyi

Each time we mouth the cliche “our heroes past”, I wonder if we dig enough into the enormity of sacrifices made and how some of those heroes moved against established norms of debauchery for which they paid dearly – the supreme price.

Each time I introspect on the events of the 1970s, I shudder at the brutal murder of General Murtala Ramat Mohammed.

Dr. Yusuf Bala Usman, a historian of repute, in his seminal 1979 book For The Liberation of Nigeria had this to say: “Muritala was casual about his security”. “He distanced himself from imperial grandeur and did not move into the official residence of the Head of State in Dodan Barracks”.

But the one that piqued me most is premised on my discovery that Murtala “came to understand the essential features of Nigerian society especially the public institutions, and acted on this understanding to change them and make them serve the common people”.

Muritala thus constructed a model of contemporary Nigeria and mustered the courage to attempt to change it. General Mohammed established a link between the accumulation of wealth and public service. He was murdered while attempting to break that linkage, having realised that “abuse of public office was central to the chaos, indiscipline, confusion and whole underdevelopment of Nigeria”.

Simply put, AN ATTEMPT TO FIGHT CORRUPTION KILLED MURTALA MOHAMMED.

Muritala wasn’t perfect. He had his issues, ranging from hot temper to risk taking in a bizarrely daring manner. He was tough and described as erratic. But seriously, it is only a positively crazy man that can rule Nigeria. For this I’m at home with these weaknesses, and they cannot blight my admiration of him as a genuine Hero.

Fast forward to our era. I can’t help being bemused each time I hear Goodluck Jonathan say no Nigerian president can match his achievements. Then I’ll check what time of the day it is and wonder if it’s a weed smoking time. What achievements? Achievement of soiled hands? Achievement of looking the other way while the treasury was being looted? Achievement of alleged exploitation of Nigeria’s dire security situation to “clean out” the arms deal budget? There’s no other definition for blood money!

Jonathan is one peculiarly fortunate individual who sprang from obscurity and poverty and leapt into the rare ascendancy of a most coveted office. Despite being a minority, he beat the odds and became president. (Whatever “minority” means in a supposed state with equality).

One would therefore have expected him to practically “kill” himself in pursuit of a well-designed ambitious growth agenda, raise the quality of life of the people, confront corruption, and etch his name in gold. I dare say, he would have won his reelection without rigour. Instead, today, he has not just been sent out office, he’s struggling in defence of a very dark impression that he allegedly helped himself to some of Nigeria’s cookie jars.

Worse still, it’s obvious he fell for the sidekick tricks of his “domestic appendage”, a civil servant who today is shamefully laying claim to multi million dollars without answering the germane question of what manner of business brought such “blessings”.

So why is this man always throwing himself into space to defend such an administration full of heaving and sighing?

If you’re good, you’re good and your work will speak for you. The only thing speaking for the past administration are eye popping tales of unprecedented sleaze. Changing this narrative is a tall order.

Because of the circumstances surrounding our ethnic sensibilities, GEJ is already “granted immunity”. He therefore ought to maintain a stoic silence to earn some respect, not throwing himself in the ring every time to advertise a continuum of sheer chicanery.

GEJ put Nigeria in a quandary. And when the various chapters of the story of “our heroes past” are being written, to deserve a place at all, he will require unheard-of historical benevolence.

Akin Fadeyi is the Convener of the Corruption Not In My Country Project.

Denmark Gives Tips On How To Tackle Corruption In Nigeria

The Danish Ambassador to Nigeria, Torben Gettermann, has said that it was important for Nigerians to understand that eradication of corruption would not happen overnight.

While speaking in Lagos on Tuesday, Gettermann said that the fight to end corruption in any country would be gradual and continuous.

According to him, the fight to end corruption anywhere will require the understanding and commitment of the citizenry.

“I am not going to say that Denmark is the least corrupt country in the world, but we have, for five years now, been number one on that index.

“Nigerians must know that corruption is a problem that has been ingrained; so, they must know that fighting against corruption should be worked on continuously with a focus that you are going to eradicate it,” he said.

Gettermann said that President Muhammadu Buhari’s efforts at fighting corruption would succeed with the determination of Nigerians to desist from corrupt practices in public and private engagements.

The ambassador commended the Federal Government’s commitment to creating the right environment for ease doing business.

He said that more Danish companies had indicated interest in doing business and increasing investment in Nigeria.

“The way the Nigerian Federal Government is currently focused and deliberately working at changing the way business is done is quite encouraging.

“We are really working at making more Danish companies export to the Nigerian market what Nigerians really need.

“We would like to see a trade balance between the two countries,’’ he said.

(NAN)

How Buhari Is Preventing Corruption – Media Team

The Presidential Media Team, in a forthcoming book, offers deep insight into how the President Muhammadu Buhari’s administration is blocking corruption loopholes in the nation’s public institutions.

The book titled, “Making Steady, Sustainable Progress for Nigeria’s Peace and Prosperity: A Mid-Term Scorecard on the President Muhammadu Buhari administration”, is set for launch in Abuja on Nov. 16.

In an excerpt of the 348-page publication, the team notes that beyond arrest and prosecution of suspects, the Buhari government is strengthening public institutions for accountability and transparency.

The book explores measures being instituted by anti-graft agencies, especially the Independent Corrupt Practices and other Related Offences Commission (ICPC), in this regard since the last two years.

These include conduct of System Study and Review in ministries, departments and agencies, and Corruption Risk Assessment (CRA) in various sectors of the nation’s economy.

It says the education, health, water and aviation sectors as well as e-governance platforms, including the Integrated Personnel Payroll Information System (IPPIS), have benefited from the ICPC’s CRA exercise.

The exercise, it adds, has led to the identification of weaknesses in the systems that create opportunities for corruption.

Consequently, the commission has designed Integrity Plans directed at plugging the loopholes and enhancing the integrity profile of the systems for efficiency and effectiveness, it states.
The book promises to clear the cynicism of many Nigerians, who think the Buhari government is more reactive than proactive in its fight against corruption.

Nevertheless, the publication contains milestones recorded by the ICPC in the area of convictions, and recovery of looted funds and assets since the inception of the Buhari government on May 29, 2015.

The book was edited by Femi Adesina, Special Adviser to the President on Media and Publicity; Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, and Laolu Akande, Senior Special Assistant to the President, Media and Publicity, (Office of the Vice President).

The Buhari Media Support Group (BMSG) contributed to the publication, whose foreword was written by the president.
The book will be presented by APC National Leader Bola Tinubu and reviewed by Prince Tony Momoh.

Buhari: Just Like the Mills of the gods by Femi Adesina

There is a saying bequeathed to mankind by the Greek physician/philosopher, Sextus Empiricus, who lived in Alexandria and Athens in the 3rd Century. It goes thus: “The mills of the gods grind slowly, but they grind exceedingly fine.”

What does this mean in everyday language? Justice may be slow, but it will come eventually. And for those who pray, it also means that God may not answer your petition immediately you make it, but He will eventually respond-at His own time. The vision is for an appointed time, and it will not delay. But if it tarries, wait for it. For it will surely come. The priest who shouts at God is being unnecessarily impatient and petulant. God will do what He will do-at His own time.

From the human perspective, Empiricus may have had President Muhammadu Buhari in mind, when he coined the saying about the mills of the gods. With our President, there is no rush on some issues, if they demand temporizing and being painstaking. The mills of the gods must be allowed to grind, if slowly, but exceedingly finely.

From his time as military leader, Nigerians who were of age then would recall that the then Major General Buhari often said; “this administration will not be rushed…” And truly, for the 20 months that the regime lasted, things were done with calm sure-footedness, and not at the dizzying speed that some people would have wanted. Easy does it. They stumble that run too fast. “Patience is the companion of wisdom,” according to Saint Augustine, the cleric.

And did the regime succeed? It did. It was on the road to forging a new Nigeria, where probity, accountability and discipline reign supreme, before a spanner was thrown in the works. Fifth columnists struck, and aborted our march to Canaan, a land flowing with milk and honey.

Buhari was in limbo for many years. But in 2015, majority of Nigerians remembered what he had brought on the table between January 1984 and August 1985. So, overwhelmingly, they voted for him. And today, he is President.

But something fundamental has not changed in the man’s style. The mills of the gods still grind slowly. There are some decisions President Buhari will not take in a hurry. He will chew on the matter, digest it properly, and then come out with his position. There is no stampeding him, no setting of fire to his heels. The mills of the gods grind slowly, but they grind exceedingly finely.
Yes, President Buhari has changed in many ways. He was an autocrat, now he is a democrat. Then, he adjudged you guilty, slammed you in Kirikiri Prisons, and asked you to prove your innocence. Today, if he suspects that you are corrupt, he does nothing to you, till he can prove that you are guilty. That is the way of democracy.

But something fundamental has not changed in the man’s style. The mills of the gods still grind slowly. There are some decisions President Buhari will not take in a hurry. He will chew on the matter, digest it properly, and then come out with his position. There is no stampeding him, no setting of fire to his heels. The mills of the gods grind slowly, but they grind exceedingly finely.

On Monday, this week, the Engr Babachir David Lawal and Amb. Ayo Oke saga came to a denouement. The duo had been accused of some unsavoury acts, and sent on suspension in April, this year. A panel was constituted to look into the allegations against them, with a two weeks time frame.

A day before the report of the panel was to be submitted, President Buhari had to travel abroad on the second leg of a medical vacation. He was away till August 19.

In this period, some impatient Nigerians were totally restive. They even besieged the Acting President, Yemi Osinbajo, urging him to act on the report of the panel. They wanted to turn the man into jury and judge, discountenancing the fact that he had chaired the panel that conducted the probe.

When President Buhari mercifully returned on August 19, his plane had barely touched down, when the impatient people began to ask for the report of the Osinbajo panel. “The two most powerful warriors are patience and time,” wrote Leo Tolstoy. But such people would have none of it. They called for an immediate decision on the lingering saga.

On August 23, VP Osinbajo submitted the report, in six hefty volumes. Of course, there was an executive summary, as best practices would demand. And the noise continued from some quarters. We want action on the submitted report, and we want it NOW. They forget that “patience is not simply the ability to wait, it’s how we behave while we are waiting” (says the preacher, Joyce Meyer). And they also forget the mills of the gods, which grind slowly, but exceedingly finely.

They went forward to accuse the President of treating Nigerians with contempt. With scorn. Derision. Flippancy. Levity. They would rather justice had been miscarried, as long as the urge for blood was satiated. They would rather the President had played to the gallery, swinging the sword and decapitating everyone in sight, not minding whether they were innocent or guilty. Such people were like the mob in Julius Caesar, the work by William Shakespeare. They met Cinna the poet on the way, and accused him of being Cinna the conspirator, one of those who had murdered the emperor. Cinna explained that he was a poet, but they would not listen. They screamed: whether you are Cinna the poet, or Cinna the conspirator, Cinna is Cinna. You are a sinner, and must die. They killed him. And to justify the evil act, they rationalized that he was a poet that wrote bad verses. Good grief!

President Buhari took his time. If you know the man, he must have gone through the six bulky reports with a magnifying glass, a fine tooth-comb. Better that 100 criminals escape, than kill a single innocent man unjustly.

And finally, on Monday “come finally comes to become” (apologies to the late K.O Mbadiwe). The President communicated his decision to the country, which was acceptance of the recommendation to terminate the appointments of the two men who had been investigated.. A large number of Nigerians were relieved that a closure was being put to the saga. But trust those who had murmured and grumbled. They refused to be pacified. They are the type that when you answer their niggling question successfully, they change the question again. They came with many other queries: should the matter have taken so long? Was the matter not to be swept under the carpet, if we had not raised hell? Why were the two men not summarily handed over to the security agencies for prosecution? But if the President had taken the last option, and had directed the Economic and Financial Crimes Commission (EFCC) to pull in the two men, they would have said: Enhen, we always said it. He was tele guiding the EFCC from behind all these while. Now he has shown his hands. The hand of Jacob, and the voice of Esau.

Head or tail, you can never win with some Nigerians. If you don’t have your bath, they say you are a ruffian, and you stink. If you have your bath too frequently, they say you love the opposite sex too much. No wonder some people say public service is a thankless job. If only we would change our mindsets, and also change our conduct.

But some people forget. Early in the days of this administration, President Buhari had told them: “Some people call me ‘Baba Go Slow.’ I will be slow, but I will be steady.” Isn’t there eternal truth again in the saying that slow and steady wins the race?

There are some matters that require speed. They should be treated expeditiously. No doubt. There are some others in which you could sacrifice fairness and justice on the altar of speed. When you have such, it is better to err on the side of caution. It is better to lay all the cards on the table, consider all the sides of the coin. Such was the Babachir/Oke saga.. They were men who had served the President faithfully, from what one could see. He dare not be precipitate in determining their destinies. Fair is fair, and foul is foul.

Talking again of the mills of the gods. The National Executive Committee (NEC) meeting of the All Progressives Congress (APC) held at the party’s secretariat in Abuja on Tuesday. I was there. The atmosphere was friendly, almost convivial. At a point, someone moved a motion of confidence in the Buhari administration. The seconder, a former state governor, added to the motion, seeking an endorsement of the President as candidate for second term in 2019. As he raised the motion, I saw the President gesturing, with his two palms downwards. The gesture meant, please, cool down, not now. This is premature. And the National Chairman, Chief John Odigie-Oyegun, weighed in, accepting the motion of confidence, and deferring the one on automatic candidacy. Everyone was satisfied.

You can imagine my consternation the next day, when I saw the newspaper headlines.. It was as if some of them were reporting a meeting held in outer space. They said a bid by governors to get automatic ticket for the President had failed. One newspaper exulted: “Govs’ bid to get automatic 2019 ticket for Buhari fails.’ Pure fiction. Concocted story. It never happened the way the newspaper had conjured. And it was the President himself who had dissuaded those who made the move, by his gesture. Hate news seems to have crept into the polity, and otherwise credible newspapers have eaten the forbidden apple.

Well, we were talking about the need for patience. Jean-Jacques Rousseau says “Patience is bitter, but its fruit is sweet.” And Robert Schuller adds: “Wait. Be patient. The storm will pass. The spring will come.” That is where I pitch my tent. Under President Buhari, for Nigeria, the storm will pass (and is, indeed, passing), and the spring will come. The mills of the gods grind slowly, but exceedingly finely.
I believe. What about you?

.Adesina is Special Adviser on Media and Publicity to President Muhammadu Buhari

I Know Those Frustrating Buhari’s Anti-Graft War – Osinbajo

The Vice President, Prof. Yemi Osinbajo (SAN), has accused the elites, as well as religious leaders across the geo-political zones of frustrating the fight against corruption in Nigeria.

Osinbajo accused the political, business and religious leaders of selfishness, saying they refused to make sacrifices, either in service or self-restraint.

The Vice President, represented by the Aso Rock Chaplain, Seyi Joseph, said this on Tuesday in Yenagoa, Bayelsa state capital, during the dedication and commissioning of the 10,000 seater Ecumenical Centre, constructed by the administration of Henry Seriake Dickson.

According to Osinbajo, corruption, tribalism, religion and other parochial tendencies remained impediments to the growth of Nigeria as a nation.

He said, “Permit me then to make a concluding submission. It is my view that the Nigerian elite – political, business and religious – regardless of faith and ethnicity, think alike, and are driven by largely similar motivations. The elite are usually self-centred, selfish and unprepared to make the sacrifices either in service or self-restraint that leaders of successful communities must make.

“Playing the religious or ethnic card when necessary so as to get the masses in line is the grossly cynical default of our elite. However, the most poignant point to note is that, when you look at any list of alleged perpetrators of a heinous case of corruption, all tribes ethnicities and religions are well represented.

“In other words, high level corruption knows no religion or ethnicity. The conspirators include Christians and Muslims from all the Geo-political zones. They are in government, legislature, judiciary and the press. They are United, protect each other, fight for each other’s and are prepared to go down together. They are one tribe, indivisible, regardless of diversity. It is this tribe that confuse the arguments for change in society…Nigeria’s greatest battle is the Jane to bring integrity and accountability to public service and the private sector.”

To build a new Nigeria, Osinbajo canvassed a new tribe of men and women of all faith, tribe and ethnicity who are committed to a country administered on high values of integrity, hard work, justice and patriotism.

The edifice was dedicated by the General Overseer of Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, and witnessed by a former President of Christian Association of Nigeria (CAN) and founder of the Warri-based World of Life Bible Church (WLBC), Pastor Ayo Oritsejafor, who said, “Bayelsa State is blessed.”

Source: Daily Post

Guatemala Docks Ex-president for Corruption

Former Guatemalan president Otto Perez has been ordered to stand trial for corruption charges, including racketeering, illicit enrichment and fraud.

Perez was the leader of a multimillion dollar scheme involving the Central American country’s customs duty system, said Judge Miguel Angel Galvez.

The former president served from 2012 until he was forced to resign amid grassroots outrage in 2015.

Perez listened calmly as the judge read out his decision after a marathon three-day hearing.

No date for the start of the trial was announced, as other procedural hearings await and Perez and his co-defendants can still appeal against the judge’s decision.

The co-defendants are a former vice president, several former ministers, business leaders and private citizens.

Prosecutors and investigators from a UN commission tasked with fighting high-level graft in Guatemala accused Perez of orchestrating a scheme in which businesses bribed corrupt officials to clear their imports through customs at a fraction of the actual tax rate.

They say the accusations are based on some 89,000 wire-tapped phone calls.

The scheme — dubbed “La Linea” (the line), for a hotline that businesses allegedly called to access a network of corrupt officials — collected $3.8 million in bribes between May 2014 and April 2015, including $800,000 each to Perez and ex-vice president Roxana Baldetti, prosecutors have alleged.

Perez denies the charges.

The conservative leader defied months of mass protests calling on him to quit, but was left with little choice after Congress stripped him of his immunity in late 2015.

He has been in custody ever since.

NAN

Maina Reinstatement: CSOs Question Buhari’s Anti-Corruption Fight

The anti-corruption fight of President Muhammodu Buhari’s administration has again been questioned by the reinstatement of former Chairman of defunct Presidential Task Force on Pension Reforms, Abdulrasheed Maina, into the civil service.

The Civil Society Organisations, CSOs, have condemned the new development describing it as a serious dent on the Federal Government’s sincerity to end corruption in the country.

It has been reported how Mr. Maina was secretly reinstated into the Ministry of Interior despite being wanted by the anti-graft agency, EFCC, over a multi-billion naira pension fraud since 2013.

The Minister of Interior, Abdulrahman Dambazau, in a statement on Sunday exonerated himself from the reinstatement. He said Mr. Maina was posted on to fill a vacancy created following the retirement of the Director heading the Human Resources Department in the Ministry.

He blamed Mr. Maina’s recall on the Office of the Head of Service of the Federation and the Federal Civil Service Commission.

This development has incurred the wrath of Civil Society Organisations who question the potency of the anti-corruption mantra of the current administration.

The coordinator, Civil Society Network Against Corruption, Olanrewaju Suraj, said the reinstatement signifies a major setback in the fight against corruption.

“This is a setback not only for the anti-corruption war but also for some of us who have been advocating against corruption,”

“It is completely demoralising and also before the international community, it pitches the anti-corruption war as a mere fluke that is been used by this government without any commitment or sincerity.

“It further explains that it is only EFCC that is genuinely fighting corruption and government is merely latching on the achievements of EFCC.”

Mr. Suraju accused the Minister of Interior, Abdulrahman Dambazau, as the architect of reinstatement of a civil servant who has “disobeyed the three arms of government.”

“Maina has defied the three existing arms of this government. The 7th Assembly summoned Maina severally but he defied and failed to appear before them over the period for which they tried to investigate his activities in the pension tax fraud. The Judiciary has asked that he should appear based on the charges of EFCC, he has failed to do that. In the course of the investigation, EFCC which is an executive body tried severally to invite Maina to come and answer some of the allegations and issues, he never responded and only ran out of the country to Dubai where he spent the stolen money lavishly.

“For this government not only to bring him back behind the back behind the doors but surreptitiously admit him back him back into the system and promoting him from the position of Assistant Director further confirms that the Minister of Interior is the architect of the shenanigan.”

He added that the “EFCC should immediately declare him wanted and they should go to any length to ensure that he is arrested and brought to court for further prosecution.”

Similarly, Chido Onumah, Coordinator, African Centre for Media and Information Literacy, noted that the anti-corruption war becomes a problem when the government keeps working for and against itself.

“It’s quite unfortunate. Sometimes you wonder why the federal government continues to shoot itself in the foot when it comes to the war against corruption.

“It creates problem for the government because corruption is not only about perception, it’s about belief. If people don’t feel that the government is sincere about the fight against corruption, it becomes problematic.”

Mr. Onumah asked the presidency to answer questions that have arisen from the reinstatement while charging EFCC to swing to action on the information at hand.

“The EFCC has to follow up on this case,” he said. “Going by their words that he is on their wanted list; that means he has a case to answer with them. Now that he is in the country, we hope that they will do the needful and let the public know the outcome of their own investigation.”

Auwal Musa, the Executive Director, Civil Society Legislative Advocacy Centre, CISLAC, asked the EFCC to lay the facts on the issue he described as “highly controversial.”

Mr. Musa said he is skeptical about the sincerity of members of the Senate Joint Committee on Public Service and Establishment and State and Local Government Administration who looked into the case in 2013.

“There are lots of confusion about this issue. We (Nigerians) need to see a report either from EFCC or ICPC indicating that the man has done something wrong. If the National Assembly has any report on the investigations they have done, let them make the report public. If he has not done anything wrong and it’s just a calculated attempt by those corrupt people who are stealing pension money, then it’s unfair.

“If there is no report by these agencies, it would be unfair just to believe the corrupt members of the National Assembly of that time. If there is such report and the government went ahead to do what they have done, then we will now raise our concern.”

The presidency and the EFCC are yet to comment on Mr. Maina’s reinstatement.

Source: Premium Times

President Buhari Calls for Nation Building from Chartered Accountants

Muhammadu Buhari when he declared open this year’s Institute of Chartered Accountants of Nigerian (ICAN) conference admonished accountants to put the nation first in all their professional endeavors and shun tendencies capable of leading to corruption.

Represented by Accountant General of Federation (AGF), Ahmed Idris, President Buhari said “Accounting and auditing, play key roles in public finance management through the provision of reliable financial positions of businesses in both public and private sectors,” He said.

“Nigeria in the modern age must entrench a system that would motivate and encourage our teeming youths to focus on innovation as key to achieving long lasting competitive edge.

“This administration will continue to support, encourage and motivate our youths towards self reliance with emphasis on agriculture, science and technology.

“Nigeria of our dreams is one that must prepare itself for global competition not only in recruitment space but also in the delivery of goods and services to the citizens in line with the SDG.

“This is a collective responsibility, Nigerians must work together and all hands must be on deck for our nation to be on the path of sustainable economic growth and development.

“Our journey towards a united and prosperous nation envisages a strong patriotic competent and highly productive manpower.

“Government remains committed to tackling unemployment, improving productivity and ease of doing business.

“We remain resolute to deliver good governance to Nigerians. Transparency and accountability remain key elements in the general conduct of government businesses.

“Hence this administration is fully committed to timely implementation of accrual based international public sector accounting standards (IPSAS) with a view to deepen public financial management reforms.”

EFCC Arrests Four National Theatre Directors For Alleged Fraud

Four directors at the National Arts Theatre in Lagos have been arrested by the Economic and Financial Crimes Commission (EFCC).

 

They were reportedly apprehended for allegedly embezzling “huge sums” of revenue and statutory allocation into private use.

 

It was gathered that the directors failed to remit revenues from the use of facilities at the Theatre into the Federal Government’s Treasury Single Account (TSA).

 

Further reports indicate that among government revenue allegedly embezzled were N24 million yearly rent paid by Nigerian Breweries for its 20 branded kiosks and N9 million paid for the use of National Theatre during the “[email protected]” celebrations.

 

The affected persons were said to have been whisked away from the premises of the Theatre after failing to honour the anti-graft agency’s invitation for questioning.

 

The intervention of Mrs Grace Gekpe, Permanent Secretary, Federal Ministry of Information and Culture, on the telephone could not save the officials from being whisked away by the EFCC operatives.

 

Addressing an Anti – Corruption Rally earlier in the premises, the National Theatre boss, Mr Tar Ukoh, vowed to stamp out graft in the Agency.

 

“Culture must kill corruption before corruption kills culture, ” said Ukoh who also oversees the National Troupe of Nigeria.

 

Reacting to the development, Henry Udubuisi, Vice President, National Theatre Chapter of AUPCTRE, said that the union was behind the management’s decision to get rid the Agency of corruption.