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EFCC Probes Akpabio , Pondie Over Diversion Of Public Funds Allegations

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images 2020 08 19T120123.341 EFCC Probes Akpabio , Pondie Over Diversion Of Public Funds Allegations

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into allegations of diversion of public funds against the Minister of Niger Delta Affairs, Senator Godswill Akpabio and the acting Managing Director of the Niger Delta Development Commission (NDDC), Professor Daniel Pondei.
Akpabio and Pondie had been accused of alleged N40 billion corruption in NDDC.
The position of the EFCC was contained in an acknowledgement letter in response to a petition it received from the foundation for true freedom and good governance.
The petition signed by the convener of the foundation Deji Adeyanju requested the commission to investigate the allegations against the Minister and the NDDC boss respectively.
The acknowledgement signed by EFCC head, Economic Governance, Adebayo Adeniyi reads: “We write to acknowledge the receipt of your petition dated 3rd August 2020 in respect of the above subject and to inform you that investigation into the case has commenced”
“In view of the above you are kindly requested to attend an interview with the undersigned through O/C team 6 on Thursday, August 20th at the EFCC headquarters, Jabi, Abuja.”
Akpabio had in a statement declared that he was ready to face any probe instituted to investigate his activities as Minister in charge of the Niger Delta Development Commission (NDDC).
This declaration was contained in a press statement by Anietie Ekong, Chief Press Secretary to the Minister, issued in Abuja
According to Aniete, Akpabio was upbeat about the plan to probe the NDDC as he has no skeleton in his cupboard, adding: “In fact, he will welcome a public hearing beamed live for all Nigerians to see”
He continued: “The probe of the Commission along with the ongoing forensic audit will expose those who have used their exalted positions over the years to fleece the NDDC through fully paid contracts which were never executed and other forms of contact racketeering”
“While we await the probe if carried through, we find it extremely insulting for Senator Akpabio’s name to be dragged into what is obviously a smear campaign”
“The general public should not be misled by spurious claims. The NDDC under the supervision of Senator Akpabio will not be distracted neither will the ongoing forensic audit of the Commission be derailed through blackmail and intimidation”
“The Minister will remain focused on the mandate of President Muhammadu Buhari to reposition the Commission for sustainable development of the Niger Delta region”
Statement reads in part: “The attention of the Honourable Minister of Niger Delta Affairs, Senator Godswill Akpabio has been drawn to sensational headlines about an alleged N40 billion corruption in NDDC”
‘We wish to state categorically that under the supervision of Senator Akpabio, there has been no corruption in the NDDC”
“It is obvious that there has been an upsurge in attacks on the Commission, the Interim Management Committee and the Honourable Minister through spurious and unsubstantiated allegations since the commencement of forensic audit of the Commission. Unfortunately, these phantom allegations have found their ways into the hallowed chambers of the National Assembly”
‘In response to the campaign of calumny, the Commission had explained that the Interim Management Committee has only approved the total payment of Eighteen Billion Naira (N18, 000,000, 000) for contractual claims”
“The payments to contractors are all payments for contracts awarded by previous administrations, especially the payment for contracts below N50 million. The present management has not awarded any single contract. So where is the bogey N40 billion coming from?
“It is instructive that the Commission under the supervision of Senator Akpabio has devised a strategy by which only duly verified and inspected contracts with photo and video evidences are recommended and approved for payments. The Interim Management Committee has been very prudent in managing the affairs of the interventionist agency”
“The interest of Senator Akpabio has been to make sure that the NDDC completes its headquarters building, started since the days of the defunct Oil Minerals Producing Areas Development Commission (OMPADEC), the contract of which was awarded with approval of the Federal Executive Council many years before Senator Akpabio became the Minister of Niger Delta Affairs’
“Following the recent Presidential approval, the NDDC is also providing intervention support to complement efforts of the Federal and State governments against further spread of COVID 19 in the nine states of the Niger Delta.”

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FG , States , LGs Share N682 .060 Billion As Allocation For August , 2020

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images 79 2 FG , States , LGs Share N682 .060 Billion As Allocation For August , 2020

FG, States, LGs Share N682.060bn As Allocation For August, 2020
The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 federation account revenue to the Federal, States and Local Government Councils and agencies.
This was made known after the monthly Federation Account Allocation Committee (FAAC) meeting for September 2020 held through virtual conferencing; chaired by Dr. Mahmud Isa-Dutse, Permanent Secretary, Federal Ministry of Finance.
The gross statutory revenue of N531.830 billion was received for the month of August 2020. This was lower than the N543.788 billion received in the previous month by N11.958 billion.
The gross revenue available from the Value Added Tax (VAT) was N150.230 billion as against N132.619 billion available in the previous month, resulting in an increase of N17.611 billion.
A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that from the total distributable revenue of N682.060 billion; the Federal Government received N272.905 billion, the State Governments received N197.648 billion and the Local Government Councils received N147.422 billion.
The Oil Producing States received N30.881 billion as 13% derivation revenue, while cost of revenue collection and transfers collectively had allocation of N33.205 billion.
The Federal Government received N251.948 billion from the gross statutory revenue of N531.830 billion; the State Governments received N 127.791 billion and the Local Government Councils received N98.522 billion.
N30.881 billion was given to the relevant States as 13% derivation revenue and N22.689 billion was the collective total for cost of revenue collection, transfers and refund to agencies.
The Federal Government received N20.957 billion from the Value Added Tax (VAT) revenue of N150.230 billion. The State Governments received N69.857billion; the Local Government Councils received N48.900 billion, while cost of revenue collection and transfers collectively had allocation of N10.516 billion.
The Communiqué stated that for the month of August 2020, Oil and Gas Royalty, Companies Income Tax (CIT), Import and Excise Duty and Value Added Tax (VAT) increased considerably, while Petroleum Profit Tax (PPT) decreased significantly.
The balance in the Excess Crude Account (ECA) as at 17th September, 2020 was $72.409 million.

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Lokoja Tanker Explosion: Pupil, 9 Others Dead

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images 75 2 Lokoja Tanker Explosion: Pupil, 9 Others Dead

A primary school pupil died on Wednesday alongside nine persons after a petrol tanker exploded at Felele area of Lokoja, Kogi State capital.
It was gathered that the tanker lost control and rammed into oncoming vehicles before going up in flames around 8am.
Some of the victims are Kogi State Polytechnic students.
The emergency responders failed to attend to the fire for over one hour.
Kogi State Governor Yahaya Bello in a statement by his spokesperson Onogwu Muhammed commiserated with the bereaved families.
“It is very sad to learn of the tragic loss of lives, many vehicles, property and other valuables in the petrol tanker fire,” he said.
He also urged students of the polytechnic to maintain peace.

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Nigerian Fraud Suspect , Wanted By FBI For $6 Million Scam Surrenders To EFCC

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images 66 2 Nigerian Fraud Suspect , Wanted By FBI For $6 Million Scam Surrenders To EFCC

A Nigerian, Felix Osilama Okpoh, who is wanted by the U.S. Federal Bureau of Investigations (FBI) for his alleged involvement in a Business Email Compromise (BEC) scheme that defrauded over 70 different businesses in the United States, has turned himself in to Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC).
Mr Okpoh, 31, who allegedly conspired with five others to defraud their American victims of over $6million, was led to the Lagos office of the EFCC by his father, retired Colonel Garuba Okpoh and his mother Justina Okpoh.
A spokesperson for the EFCC, Wilson Uwujaren, said the suspect surrendered on September 18 and that investigations into his case had since commenced.
Mr Uwujaren quoted Mr Okpoh as saying, during interrogation, that he decided to surrender himself to the Commission out of respect for his parents and his resolve to be morally upright.
The FBI accused the suspect of allegedly providing hundreds of bank accounts to Richard Izuchukwu Uzuh and other co-conspirators, Alex Afolabi Ogunshakin, Abiola Ayorinde Kayode, and Nnamdi Orson Benson, that were used to receive fraudulent wire transfers.
Bank accounts that Mr Okpoh allegedly provided to Mr Uzuh allegedly received fraudulent wire transfers from victim businesses totalling over $1million
On August 21, 2019, Mr Okpoh was indicted in the United States District Court, District of Nebraska, Omaha, Nebraska, on charges of Conspiracy to Commit Wire Fraud. On August 22, 2019, a federal warrant was issued for his arrest.
On June 16, 2020, United States Attorney Joe Kelly and Kristi K. Johnson, Special Agent in Charge of the Omaha field office of the Federal Bureau of Investigation, announced the unsealing of indictments charging the six Nigerians for their involvement in the fraud schemes.
“The schemes included individual victims and victim businesses both in Nebraska and other states,” the U.S.
Department of Justice said in a statement announcing the indictment. “BECs are sophisticated cybercrimes involving electronic transfer payments or automated clearinghouse transfers.”
“The indictments charge the defendants with one or more of the following violations of federal law: 1) Conspiracy to commit wire fraud and wire fraud, punishable by up to 20 years of imprisonment and a fine of up to $250,000; 2) Identity theft and access device fraud, each punishable by up to 10 years of imprisonment and a fine of up to $250,000.
“The Nigerian nationals charged and still at large are Richard Uzuh; Micheal Olorunyomi; Alex Ogunshakin; Felix Okpoh; Abiola Kayode and Nnamdi Benson. An indictment is a formal accusation returned by a grand jury upon establishing probable cause. The indictment is not evidence of guilt and defendants are entitled to a presumption of innocence. Two related defendants have entered pleas of guilty. Adewale Aniyeloye was sentenced in the District of Nebraska to 96 months’ imprisonment for wire fraud. Onome Ijomone received a 60-month sentence for conspiracy to commit wire fraud.”

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