Corruption trial: 4 Companies plead guilty to laundering “Patience Jonathan’s $15m”; Boko Haram video is a ‘complete joke’ – Nigerian military; Patience Jonathan explains how $20m in Skye Bank was left in accounts of 4 firms; AGF must prosecute Patience Jonathan within 7 days – SERAP; Buhari summons experts to discuss Nigeria’s recession . . .
Corruption trial: 4 Companies plead guilty to laundering “Patience Jonathan’s $15m”
Photo: Ex-president Goodluck Jonathan’s ex-SA Domestic Affairs, Mr. Waripamowei Dudafa
The four companies charged alongside a former Special Adviser on Domestic Affairs to ex-President Goodluck Jonathan, Mr. Waripamo Dudafa, and two others with money laundering have pleaded guilty to the offence. The four companies pleaded guilty to conspiring with Dudafa and the two others to launder a sum of $15, 591,700 before a Federal High Court in Lagos on Thursday.
The companies are Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Development Company Limited and Avalon Global Property Development Company Limited.
The EFCC had since frozen the $15.6m found in the four companies’ accounts in Skye Bank. Earlier and during the pendency of the suit, the ex-First Lady and wife of ex-President Goodluck Jonathan, Dame Patience Jonathan (photo: left) had earlier claimed that the forex monies belonged to her and thereafter sued the EFCC and Skye Bank, laying claims to the controversial forex monies.
Boko Haram video is a ‘complete joke’ – Nigerian military
Nigerian Defence Headquarters, Abuja
The Nigerian Military High Command (DHQ) has dismissed the new video released on social media by the Boko Haram as “cut and paste”, saying it is a complete sign of weakness and it poses no threat to Nigerians. in a statement, Brig. Gen. Rabe Abubakar, the Acting Director of Defence Information said inter alia:
“I believe the issue of the group is near ending by the special grace of God, The video is a complete sign of weakness and poses no threat to us. The so-called video is an attempt by the remnants to remind us that there was once Boko Haram elements. Empty vessels make the loudest noise.”
Issue of threat to PMB (President Muhammadu Buhari) is a complete joke and the dream of the century, therefore the entire clip is a washout. Everybody is appreciative of our feat against BHT, no doubt about it and they know too. We reiterate our total commitment and resilience in stamping them out, people shouldn’t be deceived by their use of photoshop”
– Brig. Gen. Rabe Abubakar, Acting Director, Defence Information
Patience Jonathan explains how $20m in Skye Bank was left in accounts of 4 firms
Nigeria’s former First Lady, Mrs. Patience Jonathan, has thrown more light into how her estimated $20 million in Skye Bank was left in the accounts of four companies operated by Mr. Waripamo Dudafa, the erstwhile Special Adviser on Domestic Matters to her husband, President Goodluck Jonathan.
in a statement Mrs. Jonathan claimed in a suit she filed to recover the money, said all five accounts were opened with her funds but discovered to her chagrin sometime in 2014 that four of the accounts were opened in the name of Dudafa’s companies, namely Pluto Property and Investment Company Limited, Seagate Property Development and Investment Company Limited and Trans Ocean Property and Investment Company Limited.
Mrs. Jonathan, who introduced herself as a housewife, trader and wife of a politician, in the statement of claim, said when she discovered that four of the accounts were not in her name, she drew the attention of the bank to it, following which Dudafa brought the bank manager, Dipo Oshodi, to her sometime in April 2014. According to her, the bank manager promised to effect the change in account name, but that she subsequently discovered that it was not effected.
AGF must prosecute Patience Jonathan within 7 days – SERAP
The Socio-Economic Rights and Accountability Project (SERAP) has asked the Nigerian Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami to institute criminal proceedings against ex-First Lady, Dame Patience Jonathan within seven days.
In a letter signed by the secretary of SERAP, Adetokunbo Mumuni, the organisation asked Malami to “take this step within seven days of the receipt and/or publication of this letter, failing which SERAP will institute legal proceedings to compel the discharge of constitutional duty in this matter”.
“Mrs Jonathan is a politically exposed person under anti-corruption standards. She is also covered under the definition of ‘public officials’ contained in the UN Convention against Corruption, to which Nigeria is a state party. The former First Lady laid claim to some controversial stupendous forex monies under a corruption trial. Revelations of how the funds hit her numerous front accounts have been uncovered by the EFCC.
Buhari summons experts to discuss Nigeria’s recession
President Muhammadu Buhari has summoned economic and financial experts and analysts to dialogue and find ways of Nigeria getting out of the prevailing economic hardship (recession). Reports indicate that economists and fiscal experts were billed to converge on the Intercontinental Hotel in Lagos on Thursday to have a policy dialogue on the current foreign exchange regime and other matters bedeviling the Nigerian economy.
The dialogue, which was to be hosted by British High Commission and the Nigerian Economic Summit Group (NESG), was cancelled at the last minute. The dialogue was to be attended by stakeholders from the Central Bank of Nigeria (CBN), ministry of trade, ministry of finance, Bank of Industry (BoI), SMEDAN and Nigeria Customs Service, private sector groups like business owners and consumer protection groups. No new date for the dialogue has been released to the media.