No less than 10 Nigerian politicians have been implicated in the Pandora Papers.
At least eight African countries featured in the document.
In all, there are 336 politicians listed in the document, according to the International Consortium of Investigative Journalists, which published the earth-shaking papers on Sunday.
The ‘Pandora Papers’ is an investigation based on one of the biggest-ever leaks of financial documents which, on Sunday, exposed a hidden world of shielded wealth belonging to hundreds of politicians and billionaires.
Considered as one of the largest ever global media investigations, the Pandora Papers involved more than 600 journalists who, together, analysed some 11.9 million documents from financial services companies around the world.
They found links between almost 1,000 companies in offshore havens and 336 high-level politicians and public officials, including more than a dozen serving heads of state and government.
According to an interactive map of the leaked documents, five Côte d’Ivoire politicians were helped by foreign agents to stash money suspected to be looted away from public view.
Ghana has three politicians listed in the documents, which has been described as “An offshore data tsunami.”
Chad, Kenya and Congo Brazzaville have two politicians each listed in the infamous documents that had reportedly sent shivers down the spines of public figures globally; while Gabon has three politicians listed.
Angola has nine politicians listed in the document, while Zimbabwe and South Africa have two each.
Mozambique has one.
UN Deputy Sec Gen Condemns Gruesome Killing of Deborah, Demands Justice
Amina Muhammed, the United Nations Deputy Secretary-General, has called for justice following the killing of Deborah Yakubu in Sokoto over blasphemy.
Muhammed spoke out via her official Twitter page on Tuesday, stating that religions should not be “misinterpreted to preach violence”.
“Justice must be done for the senseless, brutal killing of the young Deborah Yakubu in Nigeria. Religions should not be misinterpreted to preach violence when they promote peace.
“My prayers are with the family and for the repose of her soul,” she tweeted.
On Monday, the Sokoto Police Command arraigned two suspects, Bilyaminu Aliyu and Aminu Hukunci, before a Chief Magistrate’s Court in the state, for their alleged participation in the crime.
The suspects pleaded not guilty to the charges while the defence counsel, Prof. Mansur Ibrahim, applied for their bail on liberal terms, citing constitutional provisions and sections of the Administration of Criminal Justice Law.
The trial judge reserved the ruling on the bail application and ordered the accused to be remanded at a correctional centre.
AfDB’s Adesina Not Contesting for Presidency – Report
The President of the African Development Bank, Akinwunmi Adesina, will not be contesting the Presidency of Nigeria.
A support group had purchased and submitted the N100m Presidential form of the All Progressives Congress for the top banker last week.
Some had also reported that Adesina visited Mamman Daura, the influential nephew of the President, Major General Muhammadu Buhari (retd.) last week to seek his support.
But The PUNCH confirmed that Adesina will not be taking part in the Presidential screening of the APC slated for May 23.
Adesina’s office is expected to issue a statement in a few hours distancing himself from Nigeria’s partisan politics.
The AfDB regulations bar its President from partisan politics.
Specifically, Paragraph 2 of Article 38 of the agreement establishing AfDB, titled ‘Prohibition of Political Activity; the International Character of the Bank’, states that “The Bank, its President, Vice Presidents, officers and staff shall not interfere in the political affairs of any member (country); nor shall they be influenced in their decisions by the political character of the member (country) concerned.”
Paragraph 3 of the article states that “The President, Vice Presidents, officers and staff of the Bank, in discharge of their offices, owe their duty entirely to the Bank and to no other authority.”
Similarly, the AfDB code of conduct bars its executive from partisan politics. Section 10 of the Code reads: “Although Executive Directors are elected representatives of governments from their constituencies, they shall during their tenure of office as executive directors refrain from participating in active politics in their home countries or elsewhere.”
Should Adesina seek to run for the office of President of Nigeria, he would need to resign his current position permanently, a risk it was learnt the top banker was not willing to take.
There are at least 25 other aspirants running for President on the platform of the APC.
Some of them include APC stalwart, Bola Tinubu; Vice-President Yemi Osinbajo; former Transport Minister, Rotimi Amaechi; Senate President Ahmad Lawan; oil mogul, Tein Jack-Rich; Senator Ajayi Boroffice; Governor Yahaya Bello of Kogi State; Governor Badaru Abubakar of Jigawa State and many others.
N80bn Fraud: EFCC Arrests Accountant-General of the Federation, Ahmed Idris
Nigeria’s Accountant-General, Ahmed Idris, has been arrested over alleged money laundering and diversion of public funds, according to a report by PREMIUM TIMES.
According to the report, Idris was intercepted in Kano by operatives of the Economic and Financial Crimes Commission (EFCC) on Monday evening and flown to Abuja, the nation’s capital, for interrogation.
Sources said the EFCC has for sometime now been investigating a case of diversion of at least N80 billion in public funds which was allegedly laundered through some bogus contracts.
The companies used in laundering the funds have allegedly been linked to family members and associates of the accountant-general, investigators said.
The sources further said that after progress was made in the investigation, Idris was summoned repeatedly for interrogation but he failed to honour the invitations.
“We kept inviting him but he kept dodging us,” one of our sources said. “We were left with no choice than to keep him under watch and arrest him.”
However, a top EFCC confirmed the development but asked not to be named because he had no permission to discuss the matter with the media.
President Muhammed Buhari appointed Mr Idris accountant-general on June 25, 2015.