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Ogun State PDP Congress Followed Due Process – Kashamu

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The Ogun State Peoples Democratic Party (PDP) gubernatorial candidate in the 2019 elections, Senator Buruji Kashamu, has said that the recently held congresses of the party, which produced a new set of party executives in the state, followed due process.

Kashamu stated this in a statement entitled “Setting the records straight on Ogun State PDP executive committee” released in Lagos at the weekend.

According to the former lawmaker, the statement became imperative in light of falsehood and misinformation being peddled by some people.

Kashamu said contrary to the lie being bandied in some quarters, that an order was made by Justice Inyang Ekwo of the Abuja Division of the Federal High Court stopping the conduct of PDP congresses in Ogun State, there was nothing of such.

He explained that a suit was filed by some people in the name of the PDP against the authentic Ogun State PDP Executive Committee seeking a review of the judgment which had ordered that only the said authentic Ogun State PDP Executive Committee could conduct congresses or primaries of the PDP in Ogun State.

According to him, “The reliefs sought were to the effect that the court should decide that because of some Supreme Court Judgments (that allegedly suggest that only the NEC of a political party may conduct congresses and primaries), the judgment in Suit No. FHC/L/CS/636/2016 was not valid in empowering the Ogun State PDP Executive Committee to conduct congresses for its successors in 2020.

“In that action, they had applied for an order of the court to stop the Ogun State PDP Executive Committee from conducting congresses and the court had refused the application and directed that the Defendants be put on Notice.”

Kashamu said the action was illegal because “It is an invitation to the Federal High Court to sit on appeal over its own judgment delivered in Suit No. FHC/LCS/636/2016 after the appeal against that judgment had been rejected and dismissed at the Court of Appeal and the Supreme Court in 2019.”

He added, “By March 3, 2020, when this fatally flawed matter came up, a preliminary objection had been filed on behalf of the then Adebayo Dayo-led Ogun State PDP Executive Committee, challenging the jurisdiction of the court to entertain the action because the questions raised in the action had already been decided by the same Federal High Court in favour of the Ogun State PDP Executive Committee in 2019 (in Suit No. FHC/AB/CS/1323/2019.”

The former lawmaker explained further that in the face of the preliminary objection, the court could not and did not entertain any application to stop the conduct of PDP congresses in Ogun State.

“This is because the Supreme Court has directed that in such circumstances, the court whose jurisdiction is being challenged cannot make any order against the interest of the party challenging its jurisdiction,” he said.

Kashamu noted that it was whilst adjourning the case for hearing of the preliminary objection and other applications that the judge on his own volition made the remark that “parties should refrain from doing anything that will tamper with the res of the action”.

He pointed out that it was not an order restraining conduct of congresses or for maintenance of status quo “but some people mischievously misinterpreted it and claimed that the court had made an order restraining the conduct of PDP Congresses in Ogun State or for maintenance of status quo.”

Kashamu added, “We clearly perceived the mischief inherent in this misinterpretation of the court’s remarks and therefore decided to take ourselves outside possible allegations of breach of the “order” or of contempt of court by appealing against the “order” and filing an application for its stay.

“Every lawyer knows this as the exception to the rule in Hadkinson V Hadkinson. This rule admits of an exception to the perception that a party is in contempt of court when he disobeys an order he has appealed against and filed an application to stay.

“The appeal and the motion for stay essentially neutralize the application of the order appealed against to the appellant. Therefore, the idea being bandied around that the congresses were conducted in defiance of a restraining order or an order for maintenance of status quo is clearly unfounded and completely false.”

Kashamu also stated that the claim in some quarters that INEC nullified the PDP congresses conducted on the 7th, 21st March and 3rd April 2020 was false.

He said, “Already, INEC has received the reports of the congresses and is aware of the new officers that will now take over from the Ogun State Executive Committee of the PDP backed by FHC/L/CS/636/2016.

“Hon. Samson Kayode Bamgbose now leads the new Ogun State Executive Committee of the PDP.

“He and his colleagues have already approached the Federal High Court for protection from the anticipated antics of the desperate elements and their new allies in Ogun State.

“On the 9th of May 2020, they will effectively be in charge of the running of the party as specified by the judgment of the Federal High Court in Suit No. FHC/L/CS/636/2016.

“If INEC has any complaints against the congresses the new case (Suit No. FHC/AB/CS/44/2020) will give INEC the opportunity to make that complaint.”

While emphasizing his desire to work with others to change the fortune of the PDP in Ogun State, Kashamu said this had to be done through the newly-constituted state executive committee. “I wish to reiterate again that we are ready for genuine reconciliation through the Samson Bamgbose-led State Executive Committee.”

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2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate

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All Progressives Congress (APC) governorship aspirant in Lagos State, Samuel Ajose, has declared that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council (GAC) will not stand.

GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election.

The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle.

Speaking after the session, GAC leader, Tajudeen Olusi, said members unanimously agreed on Hamzat, expressing confidence in his ability to sustain and build on the state’s developmental progress.

Olusi explained that the meeting was convened to deliberate on the party’s forthcoming primaries and assess the governorship position ahead of the 2027 elections.

Speaking about the GAC adoption of Hamzat as Lagos APC consensus 2027 governorship candidate on Arise News on Tuesday, Ajose said that Sanwo-Olu and others are trying to force President Tinubu into making a decision.

“I don’t think our president, Asiwaju Bola Ahmed Tinubu, is giving in to what they are doing.

“What they are just trying to do is to coerce him into taking a decision, and I don’t think that decision will stand.”

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Reps Approve Tinubu’s Fresh $516.3m Loan Request

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The House of Representatives has approved President Bola Tinubu’s request to borrow Five Hundred and Sixteen Million, Three Hundred and Thirty-three Thousand, seven ($516,333,007) US dollars in syndicated financing from Deutsche Bank AG.

The House approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.

The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.

President Tinubu wrote to the lawmakers, seeking a $516.3 million loan from Deutsche Bank to support the construction of the road.

The president said the loan, to be sourced from a syndicated financing facility by Deutsche Bank, will fund sections 1, 1A, and 1B of the project, which covers about 120 kilometres.

Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the federal government to secure the financing for Sections 1, Phase 1A, and Phase 1B of the project.

The project is a flagship initiative of Tinubu’s Renewed Hope Agenda and is targeted at enhancing national connectivity, improving the movement of goods across key economic corridors, and drastically shrinking travel time.

The 1,000-kilometre project will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.

According to him, the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

He said the Federal government will provide counterpart funding of over N265 billion for land acquisition, compensation, and related infrastructure.

The former Lagos governor said the loan is structured for nine years and includes a three-year grace period.

It has an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.

Already, the Federal Executive Council has approved the financing plan.

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EFCC Arrests Ex-Skye Bank Chair, Tunde Ayeni over Nbillions Fraud Allegations

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Operatives of the Economic and Financial Crimes Commission have arrested a former chairman of defunct Skye Bank Plc, Tunde Ayeni, over alleged money laundering, misappropriation and diversion of funds amounting to N36.54bn and $30m.

Ayeni, a businessman, was arrested in Abuja on Thursday, and is currently being held at the commission’s facility.

The arrest followed an EFCC probe into alleged misappropriation and diversion of funds said to have been obtained from Polaris Bank through multiple entities linked to him.

“Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a former board chairman of defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m.

“Ayeni was arrested sequel to the investigation of the EFCC into alleged misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m obtained from Polaris Bank Plc by different entities linked to him.

“The funds were loans obtained allegedly for specific investment projects but subsequently transferred to other entities’ accounts. Investigations showed that, though the loans were obtained for purposes such as finance of marine security activities, electricity distribution contract, estate development, they were diverted to the NITEL/MTEL asset acquisition through NATCOM account,” one of the sources said.

Another source said the commission is currently probing 12 companies allegedly linked to Ayeni, which it said were used to obtain the loans from Polaris Bank.

“Twelve different companies linked to Ayeni are being investigated by the EFCC. They are entities he allegedly used to obtain loans from Polaris Bank for his shady activities. The loans are depositors’ funds fraudulently obtained and frittered into diverse wasteful purposes. Ayeni will be arraigned in due course upon conclusion of investigations,” the source said.

When contacted, EFCC spokesman Dele Oyewale confirmed the arrest but declined to give further details.

The Punch

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