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CBN Accuses #EndSARS Campaigners Of Terrorism

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CBN Accuses #EndSARS Campaigners Of Terrorism

CBN Governor – Godwin Emefiele

According to reports, the request of the Central Bank of Nigeria to freeze accounts of 19 Nigerians and public affairs company linked to the #EndSARS protests was granted after the court was told that the funds in their accounts might have been linked to terrorist activities.

The CBN had frozen 20 accounts of End SARS promoters and thereafter approached the court to seek an ex parte order to freeze the accounts.

This was contained in the case with suit number FHC/ABJ/CS/1384/2020, filed before Justice A. R. Mohammed, of the Federal High Court in Abuja.

The apex bank reportedly failed to mention that the 20 accounts were owned by persons involved in the #EndSARS protests, but went on to tell the court that the funds might have emanated from terrorist activities.

Also Read: Court Grants CBN’s Request To Freeze Accounts Of 19 #EndSARS Protesters

The written address read in part, “My lord, the nature of the transactions undertaken through the defendants’ accounts are of suspected terrorism financing in contravention of Section 13(1)(a)and(b) of the Terrorism (Prevention)(Amendment) Act, 2013 and Regulation 31(2)(a)and (3)(b) of the Central Bank of Nigeria Anti-Money Laundering/Combating the Financing of Terrorism Regulations, 2013.”

One Aondowase Jacob, in an affidavit released on behalf of the CBN, noted that the Head of the Economic Intelligence Unit of the Governor’s Department, CBN, Joseph Omayuku, had conducted an investigation on the accounts of the defendants and other individuals and entities held with certain banks in Nigeria.

According to the affidavit, an investigation carried out has shown that the owners of the accounts may have been involved in terrorist activities.

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Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day

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Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day

Buhari

President Muhammadu Buhari on Tuesday inaugurated a medium-sized refinery in Ibigwe, Imo State.

The Ibigwe refinery will process 5,000 barrels a day, the president said on his Twitter account.

The president launched the refinery online and said work would begin on expanding the plant to produce 50,000 barrels a day.

Also Read: 2020 Finance Bill Exempts Minimum Wage Earners From Tax: Buhari

According to Waltersmith, the refinery has a crude oil storage capacity of 60,000 barrels and is expected to deliver about 271 million litres of refined petroleum products, including diesel, kerosene, heavy fuel oil (HFO), and naphtha, per annum to the domestic market and create both direct and indirect jobs particularly within host communities.

He wrote on Twitter:

 

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Court Revokes Faisal Maina’s Bail For Failure To Attend Trial

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Court Revokes Faisal Maina’s Bail For Failure To Attend Trial

Abdulrasheed Maina son, Faisal

The Federal High Court sitting in Abuja on Tuesday ordered the arrested of Faisal Maina, the son of Abdulrasheed Maina, for jumping bail in his trial on money laundering charges.

Justice Okon Abang who revoked Faisal’s bail ordered that his trial would continue in absentia pending when the security agencies would be able to arrest and produce him in court.

The judge also asked his surety, a member of the House of Representatives, Sani Umar Dangaladima, representing the Kaura-Namoda Federal Constituency of Zamfara State, to appear before the court to show cause why he should not forfeit the N60m bail bond which he signed for Faisal.

Also Read: Alleged Money Laundering: Court Orders Arrest Of Abdulrasheed Maina

At Failsal’s money-laundering trial resumption on Tuesday, the Economic and Financial Crimes Commission’s prosecution counsel, Mohammed Abubakar, told the court that Maina’s son and Hon. Dangaladima both failed to appear in court since June 24, 2020.

Abubakar, therefore, applied the revocation of his bail and his arrest citing section 184 of the Administration of Criminal Justice Act.

The prosecution also applied for the court to order his trial in absentia as provided by 352(4) of ACJA.

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Insecurity: I Don’t See Things Returning To Normal In Northern Nigeria – Omokri

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Insecurity: I Don't See Things Returning To Normal In Northern Nigeria - Omokri

Reno Omokri

Former presidential aide, Reno Omokri has expressed that he is pessimistic about life returning to normal in Northern Nigeria after the Coronavirus pandemic with the increasing insecurity in the nation.

In the past few days, there have been various reports of kidnapping, killing, and attacks by bandits on citizens in the Northern region of the country.

Also Read: Nigerian Army’s account of their involvement in the Lekki Massacre is as straight as Bobrisky’: Omokri

Reacting to the situation, Omokri pointed out that due to the insecurity in the region, he foresees marriages, burials, ceremonies, and even trade being conducted virtually.

He wrote:

“Even after #COVID19, I don’t see things returning to normal in Northern Nigeria. Insecurity is overwhelming. I foresee marriages, burials, ceremonies, and even trade being conducted over zoom. Nobody in Northern Nigeria can safely travel. Absolutely NOBODY.”

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