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Tinubu Showers Encomium On Fashola At His Book Launch

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The much talked about 3 in 1 book written on the immediate past governor of Lagos state Mr.Babatunde Raji Fashola (SAN)’s administration and thought by his special adviser on media Hakeem Bello throughout his 8years glorious and unequal governance was launched yesterday Tuesday 18th August at Muson center, Lagos
Mr.Fola Adeola the former managing director of GTbank in his speech as Chairman of the occasion salutes the courage of the people present says,”bravity makes some people to be here”. He then directed his message to the former governor that “your friends are here, no contract award but we are here because you are our friend”. Prayed that we will not wait for long time before we have another Fashola.
The Chairman of the occasion relates his experience when he visited his friend in Kano sometimes ago, he said, ‘when Rabiu kwankwaso won for the second time, after few months, I went to kano and asked one of my friends there, an indigene of kano that how was the governor doing?. He answered, Kwankwaso was doing Fashola in Kano. This means kwankwaso was fixing roads, hospitals, infrastructure etc like Fashola in Lagos.
Fola Adeola described people present as being bold, proud, and brave but he was quick to add that “we are not the enemy of anybody”.
Asiwaju Bola Ahmed Tinubu who was ably represented by Prof.Tunde Samuel delivered Asiwaju’s message which was full of praise to Former governor Fashola, he said Asiwaju was exceedingly happy to reflect on Fashola’s performance, whatever you do today is an assurance for tomorrow. He went to reminiscence when they were in in the cabinet of Asiwaju, in which Fashola was chief of staff, Prof.Tunde Samuel included that when others were gisting, Fashola will be romancing hills of file in high wire political engineering.
He said Asiwaju Bola Ahmed Tinubu has taken a valid decision in bringing Fashola up first as chief of staff, then two term governor, concluded that the sky is the limit for former governor Fashola.
Former governor Fashola’s remark, he x-ray his relationship with the author Hakeem Bello which dated back to 2006 before his emergency as ACN governorship candidate, described Hakeem Bello his special adviser on media for 8years as professional to the core, diligent, forthright and hardworking which he said we all can learn from. He thanked him for standing by him to the extent of making friends for him.
Fashola now related his experience during the blown down of bank of industry (BOI) collapsed building and important of data base. He related how late yar’dua the then president of Nigeria gave approval for the blow down of the building as against the antagonistic attitude of his party in Lagos state.
Among those present at the book launch were Mr.Fola Adeola, Chairman of the occasion, Mr.Gbenga Makanjuola representing Dr. Bukola Saraki Senate President, Mrs.Sola Oworu, Alhaja Okunu, Prof.Tunde Samuel, representing Asiwaju Bola Ahmed Tinubu, Mr.Supo Sasohre, Mr.Joe Igbokwe, APC publicity secretary Lagos, representing APC in Lagos and many other dignitaries

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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