News
Dispute stalls Federal Govt, Emefiele plea bargain talks
The suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and other top officials of the bank held by the Department of State Service (DSS), may face trial, this is according to the Nation newspaper.
This follows the stalling of the plea bargain move between the Federal Government and the embattled apex bank boss.
The Nation newspaper reported that Emefiele and the affected officials of the apex bank have “not made substantial concessions on some refunds expected from them, while sources said trillions of Naira were being tracked by a federal agency but only a few billions of naira was offered as refundable by some of those linked to the suspicious transactions.
It was gathered that some interceding forces and Emefiele have not made progress on the plea bargain terms.
Despite Emefiele’s offer to step aside in August, the other aspects of plea bargain process were “not substantially met.”
It has also been confirmed that the four deputy governors were dropped because of their alleged complacency when Emefiele was in the saddle at the apex bank.
It was learnt that the Presidency was shocked by the “massive scale of fraud and flagrant violations of the CBN Act,”.
It was also learnt that following interventions, the government’s investigation, initially coordinated by a security agency, had recommended plea bargain option with Emefiele, who wanted it.
Apart from Emefiele offering to step aside, other terms were the withdrawal of court cases against the government and the refund of substantial cash allegedly linked to him and others.
But there were strong indications that the plea bargain option may have suffered a setback.
“The engagement of the Special Investigator has also uncovered more mismanagement of resources and questionable expenditures in CBN than what some security agencies dug up.
A source within the Presidency, said the CBN was stinking. He declined to volunteer information on the plea bargain dimension.
The source said the government might prosecute anyone indicted.
He said: “I don’t know whether plea bargain has collapsed or not. I don’t even know if that is on the table to start with. But I know the CBN Governor and the Deputies have been removed.
“The investigations across board are going on and Iam sure the govt will prosecute anyone who has compromised the country.”
Investigation confirmed that the four deputy governors were replaced because of their alleged complacency.
The Presidency source said none of the deputy governors complained when Emefiele was allegedly mismanaging the CBN.
“Most of the DGs “actively collaborated with Emefiele on policies and decisions not in line with the CBN’s mandate,” he said.
Those affected were Folashodun Adebisi Shonubi (Deputy Gov Operations and Acting Governor); Aisha Ahmad (Deputy Governor, Financial System Stability): Adamu Lamtek (Deputy Gov Corporate Services) and Kingsley Obiora (Deputy Governor, Economic Policy).
The source added: “Investigation is still ongoing. The special investigator sure uncovered a lot of rots which implicated the Deputy Governors.
“There is no way the Deputy Governors would have remained with the scale of corruption, poor corporate governance and complacency that happened under Emefiele.
“Allowing them to remain will mean the government has condoned all that went down under their watch.”
Source: The Nation Newspaper
News
Governor Oyebanji Raises State’s monthly Subvention By N438.9 million
Similarly, the Governor has also approved payment of the outstanding 2020 leave bonus to local government workers
Ekiti State Governor, Mr Biodun Oyebanji has approved a major increment in the monthly subvention to the Judiciary and the legislative arm of government as well as the subvented institutions in the state.
The increment which amounts to N438.9 million monthly is to enable the institutions take care of the new minimum wage and the attendant consequential adjustment for workers.
In a statement,Olayinka OyebodeSpecial Adviser (Media) to the Governor, disclosed that the
beneficiaries of the increment include the Ekiti State Customary Court of Appeal, Ekiti State High Court of Justice; Ekiti State Judicial Service Commission, and Ekiti State House of Assembly Service Commission.
Others are Ekiti State University, Ado-Ekiti, (EKSU); Ekiti State University Teaching Hospital (EKSUTH); Bamidele Olumilua University of Education, Science and Technology (BOUESTI), Ikere Ekiti; Ekiti State Polythecnic, Isan Ekiti; College of Health Technology, Ijero-Ekiti and Non Academic Staff Union of Educational and associated Institutions.
Similarly, the Governor has also approved payment of the outstanding 2020 leave bonus to local government workers, in fulfilment of his promise to defray all outstanding entitlements of workers inherited from previous administrations.
While restating the commitment of his administration to the wellbeing and welfare of workers and retirees, Governor Oyebanji says efforts are being made to ensure payment of all outstanding entitlements including gratuities in line with the continuity and shared prosperity agenda of the government.
He urges workers in the state to remain focused on excellent service delivery and to see themselves as strategic stakeholders in the Ekiti Project.
The first child of the immediate past governor of Oyo State, late Abiola Ajimobi’s, known as Bisola Ajimobi Kola-Daisi, is dead.
It was gathered that Bisola who is married to Mr Kolapo Kola-Daisi died in the early hours of Thursday.
She died at the age of 42.
According to reports, she died in the United Kingdom.
Until her death, she was the Special Adviser to the Minister of Budget and Planning, Atiku Bagudu.
The Special Adviser to the former governor, Mr Bolaji Tunji confirmed the incident to journalists in Ibadan on Thursday.
Tunji said, “Yes. It has been confirmed”.
The House of Representatives on Thursday reversed its decision on the second reading of a bill which sought to strip the vice-president, governors and deputy governors of immunity.
The lower legislative chamber made the U-turn after the Majority Leader of the House, Julius Ihonvbere, moved a motion.
The bill, which is sponsored by Solomon Bob, a Peoples Democratic Party (PDP) lawmaker from Rivers State, passed second reading on Wednesday.
Bob noted that the bill seeks to “promote accountability in public office” by removing the immunity currently granted to the vice-president, governors and their deputies.
Section 308 of the Constitution states that “the president, vice-president, governor, and deputy governor, during the period he/she is holding the office, shall not be subjected to civil or criminal proceedings.
“The occupants of the office shall not also be arrested or imprisoned and no process of any court requiring or compelling their appearance.
”Bob stated said the move is to curb corruption, curb immunity, eradicate impunity and enhance accountability in public office.
The green chamber also rescinded its decision on the bill to abolish the death penalty.
The bill also passed second reading during plenary on Wednesday.
Governor Oyebanji Raises State’s monthly Subvention By N438.9 million
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