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#ENDSARS: Challenge CBN’s Action In Court If Your Account Is Frozen – Akeredolu

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#ENDSARS: Challenge CBN’s Action In Court If Your Account Is Frozen – Akeredolu

Rotimi Akeredolu

Ondo State Governor, Rotimi Akeredolu has backed the decision by the federal government to freeze bank accounts of some people who participated in the #EndSARS protests.

According to him, the government has operated within the provisions of the law and the affected persons have to appear in court to present facts why their accounts should not be frozen.

It will be recalled that the request of the Central Bank of Nigeria (CBN) to freeze accounts of 19 Nigerians and companies linked to the #EndSARS protests has been granted by a Federal High Court in Abuja presided by Justice Ahmed Mohammed.

Speaking on the development on Wednesday when he appeared as a guest on Channels TV Sunrise Daily, Akeredolu submitted that the freezing of accounts is not a final decision as the matter is still in court, but the government action so far is not out of place.

Also Read: CBN Accuses #EndSARS Campaigners Of Terrorism

“Speaking very honestly, I don’t see anything wrong in it,” the governor, a Senior Advocate of Nigeria (SAN) and former President of the Nigerian Bar Association (NBA) said.

“If for instance, my account was frozen, what would I do? All I would do is go back to court to explain. Even politicians, their accounts are sometimes frozen. You have to go to court and explain. And at the end of the day, the court will say, ‘Leave the account. The account should be de-frozen’ and you take your money back.”

“If your account is frozen, you justify why the money was there. You come to explain to what use you have put this money,” Akeredolu, who in October defeated Eyitayo Jegede to win a second term in office, explained.

“If it is that ‘Okay, we used this money to pay this caterer to give food to these boys when they were there. We spent money between before the hoodlums took over,’ it will be explained, people will know and the accounts will be de-frozen,” he added.

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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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