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EFCC:”Son Of Former Minister Pays N1b Cash For Land, Four Houses”

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Shamsudeen Bala, the son of a former Minister of the Federal Capital Territory (FCT), Mohammed Bala paid about N1billion cash for plots of land and houses, the Economic and Financial Crimes Commission (EFCC) has revealed.

The suspect will be arraigned in court on Wednesday alongside four others— Bird Trust Agro Allied Ltd, Intertrans Global Logistics Ltd, Diakin Telecommunications Ltd and Bal-Vac Mining Ltd.

The five are facing 15 charges at the Federal High Court, Abuja.

The EFCC noted that Mohammed, paid cash for five plots of land and four properties in highbrow areas of Abuja to avoid any suspicion by banks and other monitoring agencies.

The purchases include five plots of land at Asokoro Gardens; House FS 2 B, Green Acre Estate Apo-Dutse, Abuja; House FS 1A, Green Acre Estate, Apo-Dutse; FS 1B, Green Acre Estate, Apo-Dutse, Abuja and House 2A, No. 7, Gana Street, Maitama, Abuja.

The anti-graft agency is accusing Shamsudeen of money laundering for allegedly making cash payment for choice houses in excess of the statutory limit without going through a financial institution.

Three of the duplexes traced to Shamsudeen have been seized in line with sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004, which empower the anti-graft agency to invoke Interim Assets Forfeiture Clause.

“Section 28 of the EFCC Act reads: ‘Where a person is arrested for an offence under this Act, the Commission shall immediately trace and attach all the assets and properties of the person acquired as a result of such economic or financial crime and shall thereafter cause to be obtained an interim attachment order from the Court.’

The EFCC gave details of how the plots of land and mansions were bought in the 15 charges against Shamsudeen and four others.

The charges read: “That you Shamsudeen Bala (alias Shamsudeen Mohammed Bala), Bird Trust Agro Allied Ltd, Intertrans Global Logistics Ltd, Diakin Telecommunications Ltd and Bal- Vac Mining Ltd sometime in 2015 in Abuja conspired amongst yourselves to make cash payment exceeding the statutory limit without going through a financial institution and thereby committed an offence contrary to Section 18(a), of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012 and punishable under Section 15(3) and (4) of the same Act.

Shamsudeen and the others are said to have paid:

•N80million cash to Sunrise Estate Development Ltd for the purchase of plot nos. 2116 and 2276 at Asokoro Gardens (alias Sunrise Estate) Abuja which sum exceeded the statutory limit and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as amended in 2012 and punishable under Section 16(2)(b) and (4) of the same Act;

•N100million cash to Sunrise Estate Development Ltd for the purchase of plot nos. 2116 and 2276 at Asokoro Gardens (alias Sunrise Estate) Abuja which sum exceeded the statutory limit and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as (amended by Act No. 1 of 2012) and punishable under Section 16(2)(b) and (4) of the same Act;

•N110,000,000.00 cash to A & K Construction Ltd, Abuja and Sunrise Estate Development Ltd for the purchase of plot nos. 2116 and 2276 at Asokoro Gardens, which sum exceeded the statutory limit and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as (amended by Act No. 1 of 2012) and punishable under Section 16(2)(b) and (4) of the same Act;

•N200,000,000.00 cash to A & K Construction Ltd Abuja and Sunrise Estate Development Ltd for the purchase of plot nos. 2116 and 2276 at Asokoro Gardens, which sum exceeded the statutory limit and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 as amended by Act No. 1 of 2012 and punishable under Section 16(2)(b) and (4) of the same Act.

•N296,000,000.00 cash to A & K Construction Ltd Abuja for the construction of a house on plot nos. 2116 and 2276 at Asokoro Gardens (alias Sunrise Estate), Abuja which sum exceeded the statutory limit and thereby committed an offence contrary to Section 1 of the Money Laundering (Prohibition) Act, 2011 (as amended by Act No. 1 of 2012) and punishable under Section 16(2)(b) and (4) of the same Act;

•N45,475,000.00 only to Abuja Investment Company Ltd as part payment for the purchase of House FS 2 B Green Acre Estate Apo- Dutse Abuja;

*N74,244,005.00 cash to Abuja Investment Company Ltd as part payment for purchase of House FS 1A Green Acre Estate Apo-Dutse Abuja;

•N74, 244,005.00 only to Abuja Investment Company Limited as part payment for purchase of FS 1B Green Acre Estate Apo-Dutse, Abuja; and paid

•N200million cash to Faruk Saleh at Abuja for House 2A, No. 7 Gana Street, Maitama Abuja;

Shamsudeen Bala(alias Shamsuden Mohammed Bala) is accused of failing on June 2016 to make full declaration of his assets to wit: your accounts domiciled at Standard Chartered Bank Plc when he completed the EFCC Asset Declaration Form A, contrary Section 27(1) of the EFCC (Establishment) Act 2004 and punishable under Section 27(3) of the same Act.

 

Huhuonline.

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EFCC Arrests Edo Accountant General, Julius Anelu, Two Others Over Huge Withdrawals At Close Of Obaseki’s Administration

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As the administration of Governor Godwin Obaseki drags to an end in Edo State, the Economic and Financial Crimes Commission (EFCC) has arrested the Accountant General of Edo State, Julius Anelu, and two other government officials.

 

The arrested officials were said to be in custody for alleged huge withdrawals from the State’s derivation account.

 

The development comes as Senator Monday Okpebholo, had accused the Obaseki administration “of last-minute borrowings and looting.”

Quoting an impeccable source in the EFCC, PUNCH reports that of N24.6billion paid into the government’s account, but N14billion was left within one week after the money was deposited some weeks back.

 

“We made some arrests of about two to three persons, including the Accountant General of the state. We have been investigating the governor of the state, Godwin Obaseki, since 2022 but this latest arrest was as a result of some withdrawals from the state’s derivation account.

 

“The amounts withdrawn were huge sums. For instance, about some weeks ago, N24.6bn was paid into that account. But in less than one week, about N14bn was remaining in the account. To save the state, we had to quickly move. We are not in any way doing that to ground the state activities”, said the source.

 

The EFCC is yet to officially react to the development as of the time of this report.

 

SaharaReporters reported in October that the reinstated deputy governor of Edo State, Philip Shaibu raised the alarm over alleged plans by his principal, Governor Godwin Obaseki to steal money from the state treasury.

 

Shaibu had made this disclosure in a press briefing in Benin City, saying he had an offer of a financial reward to the tune of N1million to anyone who has information concerning alleged looting of government property as the administration winds down.

 

He had added that he had evidence to back the alleged looting in some quarters and last-minute borrowing from financial institutions.

 

He had also called on the Economic and Financial Crimes Commission (EFCC), the Department of State Services (DSS) and other relevant agencies to look into the alleged misappropriation of funds meant for projects in the ministry of roads and bridges, ongoing Radisson Hotel project and last-minute appointments by the outgoing administration.

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NAFDAC raises alarm over circulation of fake condom

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The National Agency for Food and Drug Administration Control (NAFDAC) has raised an alarm on the circulation of an unregistered condom called Foula condoms.

In a statement issued on Thursday, the agency said the product, which is usually packed in 3s, was discovered in Abakaliki, Ebonyi State capital and in Zango, Kastina State.

NAFDAC said the discovery was made by the officials of the post-marketing Surveillance Directorate (PMS) while carrying out a Risk-Based Post Marketing Surveillance study on registered condoms in Nigeria.

It said unregistered condoms pose significant public health risks to users.

RISK

NAFDAC said the condoms are likely to lack the necessary quality and safety checks, leading to a higher likelihood of breakage or leakage, which can increase the spread of sexually transmitted infections (STIs), including HIV, and contribute to unintended pregnancies.

It said one primary concern is that unregistered condoms may not meet the strict standards for material durability and effectiveness enforced to ensure the condoms’ material strength and integrity, essential for providing reliable protection.

The Foula product is not registered by NAFDAC for use in Nigeria, and according to the agency, it is not labelled in English.

According to NAFDAC, the condom is “a dual-purpose method for both prevention of unintended pregnancy and protection against HIV and other sexually transmitted infections (STIs).”

It said: “To be most effective, any barrier method used for contraception or preventing infection must be used correctly.”

“The illegal distribution or sale of unregistered condoms poses a risk as the safety, quality, and efficacy of the products are not guaranteed.”

The agency also said the purchase and use of poor-quality condoms will affect every aspect of condom promotion for the prevention of unintended pregnancy and protection against HIV and other”

“If condoms leak or break, they cannot offer adequate protection,” it said.

DIRECTIVE

NAFDAC said its zonal directors and state coordinators have been instructed to conduct thorough surveillance and remove unregistered products from circulation within their respective zones and states.

The agency also urged traders, healthcare professionals, and consumers to be cautious to prevent the importation, distribution, sale, and use of unauthorised products.

The agency urged that medical products and devices should be sourced exclusively from authorised or licensed suppliers, with careful attention given to verifying each product’s authenticity and physical condition.

“Similarly, healthcare professionals and patients are also encouraged to report adverse events or side effects related to the use of medicinal products or devices to the nearest NAFDAC office, or through the use of the e-reporting platforms available on the NAFDAC website.

“Furthermore, note that this notice will be uploaded to the WHO Global Surveillance and Monitoring System (GSMS),” the statement read.

 

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Olufemi Oluyede assumes office as acting Chief of Army Staff

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Major General Olufemi Oluyede has formally taken over as the Acting Chief of Army Staff in a handover ceremony held at the Defence Headquarters in Abuja on Friday.

The Defence Headquarters revealed this in photos from the ceremony shared on X.com.

The caption read, “Formal Taking Over Ceremony of the Acting Chief of Army Staff, Major General OO Oluyede.”

We had earlier reported that Oluyede would assume duties today (Friday).

He was appointed in an acting capacity by President Bola Tinubu on Wednesday, pending the return of the indisposed substantive COAS, Lieutenant General Taoreed Lagbaja.

Until his appointment, Oluyede reportedly served as the 56th Commander of the elite Infantry Corps of the Nigerian Army, based in Jaji, Kaduna.

The 56-year-old Oluyede and Lagbaja were coursemates and members of the 39th Regular Course.

Oluyede’s appointment came a few days after the Defence Headquarters stated that the appointment of an acting COAS was not recognised under the Harmonised Armed Forces Act.

However, a notice on Thursday, signed by Group Captain Chris Erondu on behalf of the Director of Defence Information, Brigadier General Tukur Gusau, stated that the handover ceremony would be held at the Defence Headquarters conference room at 10 am.

The Chief of Defence Staff, General Christopher Musa, was among those in attendance at the handover ceremony.

See photos below:

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