LAI MOHAMMED APPROVED 2.5BIL DUBIOUS PAYMENT, FEIGNS IGNORANCE, CASE NOW IN COURT

Lai Mohammed, Nigeria’s information minister, has admitted he did not do due diligence before signing off on a controversial N2.5 billion payment to a private digital broadcast signal distributor. Mr Mohammed told the Independent Corrupt Practices and other related Offences Commission (ICPC) that he only approved the payment based on the recommendation of the director-general of the National Broadcasting Commission (NBC) in May 2017, according to those familiar with the investigation. Anti-graft detectives at the ICPC have been investigating the transaction since June 2018. Already the ICPC has charged Modibbo…

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EFCC ARRAIGNS BANKER OVER 36MIL DUD CHECQUES

The Economic and Financial Crimes Commission arraigned Yusuf, who is the Chief Executive Officer, Viclibo Ventures, on five counts bordering on the issuance of dud cheque, criminal breach of trust and cheating. A complainant, Tunde Akinola, had alleged that sometime in January 2018, Yusuf, who worked with the Sokoto branch of the bank requested a N30m loan for the establishment of a biscuit and juice production factory with a pledge to pay back the money with 10 per cent interest. Akinola stated that he rallied round friends and colleagues to…

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COURT THREATENS TO ORDER HOPE UZODINMA’S ARREST

Hope Uzodinma A Federal High Court in Abuja has threatened to order the issuance of arrest warrant against Senator Hope Uzodinma should his lawyer renege on his pledge to produce him in court on April 18. The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) said it has, since filing a criminal charge against Uzodinma in October last year, been unable to have him attend court to plea to the charge. Lawyer to SPIP, Celcius Ukpong, on Friday, recounted efforts made by his agency since filing the…

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