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Obasanjo brought shame to Nigeria – Falana

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Human rights activist, Femi Falana, on Friday urged former President Olusegun Obasanjo to admit that he (Obasanjo) brought shame to the country during his time as Nigeria’s leader.

Falana said the ex-President should stop insulting the collective intelligence and memories of Nigerians having instituted the culture of impunity in the country.

Speaking to journalists in Benin City, Edo State, Falana said he was surprised when he read that the Senate had asked President Muhammadu Buhari to bring a fresh person to replace Ibrahim Magu as chairman of the Economic and Financial Crimes Commission (EFCC).

He noted that Obasanjo had the opportunity to be great by providing good leadership and rid the country of corruption.

The lawyer stated that apart from the allegations of nepotism and clannishness Obasanjo leveled against President Buhari, “other allegations made there were nothing to write home about.”

He said: “In another words, all the other allegations took place under President Obasanjo and in fact, he institutionalized the culture of impunity under the democratic dispensation in Nigeria.

“If President Obasanjo who ruled this country for 11 and half years has institutionalized democracy, rule of laws and respect for human rights, we will not be in this mess and the control of Nigeria by the Nigerian people, we will be having an Eldorado by now.

“So, please, let Obasanjo and others be honest to admit that they brought us to this shameful episode. So, nobody should grandstand when it comes to the mis-governance of Nigerians.

“Nobody has apologized. The fact that from 1999 to 2007, this country, made close to hundred billion dollars from the sale of one commodity, oil. What is there to show for it rather than permanent darkness?

“The more you spend on energy, the more darkness you get. So what is there to celebrate? What we have were mass unemployment and sales of national assets to few boys who were closed to the presidency, rigging of elections.

“You have all forgotten that the results from Delta, Ondo and others were announced in Abuja and in those states in order to rig those elections. What is there to celebrate?

“President Obasanjo is entitled to form his own political party or his own movement but he should please desist from insulting the collective intelligence and the collective memories of Nigerians.

“When Sharia started, the federal government did not challenge the unconstitutionality. Under that era, we had ethnicity and religious violence that claimed lives of over 20,000 Nigerians.

“With great respect to former President Olusegun Obasanjo, apart from the allegations of nepotism and clannishness, which cannot be disputed, every other allegations made there, is nothing to write home about. In other words, all the other allegations took place under Obasanjo and in fact, he institutionalized the culture of impunity under the democratic dispensation in Nigeria.

“Many of us have forgotten the abduction of Governor Chris Ngige, many of us have forgotten the fact that the National Assembly and the House of Representatives displayed bales of naira with which it was alleged that the presidency wanted to bribe the legislators.

“Many of us have forgotten about the third term agenda or the fact that many people who were also closed to the seats of power were treated like sacred cows even in the fight against corruption. But I do not want to join issues with Obasanjo for now on his letter so that one is not seeing as endorsing impunity in our country but other than the allegations of nepotism and clannishness which the presidency is notoriously noted for, I think, they are birds of same feathers.”

 

 

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Breaking : Energy Commission DG Nabbed by EFCC Over Alleged N500bn Scam

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Operatives of the Economic and Financial Crimes Commission have arrested the Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over alleged money laundering offences.

A source within the anti-graft agency, who spoke on condition of anonymity because he was not authorised to comment officially on the matter, disclosed on Wednesday that Abdullahi was arrested in Abuja and is currently being held in the custody of the commission.

According to the source, the investigation involves alleged fraud amounting to about N500 billion.

“We have arrested the Director-General of the Energy Commission of Nigeria, Dr. Mustapha Abdullahi, over alleged money laundering offences. He was arrested in Abuja and is currently in our custody. The amount involved is estimated at N500 billion,” the source said.

The commission is yet to issue an official statement regarding the arrest as investigations continue.

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Foreign Investors Drag Senator Fasuyi to EFCC Over Alleged $2.98 Million Fraud

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Senator Cyril Fasuyi, representing Ekiti North Senatorial District, has been dragged before the Economic and Financial Crimes Commission (EFCC) over an alleged fraud involving the sum of $2,980,535.00.

The petition, submitted by Mr. Nuel Wilson, West Africa Regional Representative of Integrated Packaging Systems FZCO (IPS Ingredis) and its Nigerian subsidiary, IPS Ingredis Integrated Systems Limited, accused Senator Fasuyi and his wife, Mrs. Elizabeth Adun Fasuyi, of conspiracy, fraudulent conversion, obtaining by false pretence, stealing, and diversion of foreign investment funds.

According to the petition, which was acknowledged by the EFCC on December 10, 2020, the Dubai-based company alleged that the senator and his wife, operating under the name Legacy Foods Limited, failed to remit payment for products supplied to them after several business transactions.

The petition stated that IPS Ingredis, a company registered in Dubai, United Arab Emirates, conducts the business of sales, supply, and distribution of raw materials across different countries, including Nigeria, through its local subsidiary based in Lagos State.

The complainant explained that the business relationship between both parties began in November 2015 after the suspects were introduced to the company by one of its Chinese customers. Following several meetings, the Fasuyis allegedly represented themselves as credible business partners interested in the company’s line of products.

Based on the agreement, the company reportedly supplied various raw materials, including corn starch, maltodextrin, shortening, maltose syrup, and other products to Legacy Foods Limited through multiple purchase orders.

The petition further alleged that goods worth over $9 million were supplied to the suspects during the course of the business relationship. However, the company claimed that after selling the products, the suspects allegedly refused to pay the outstanding sum of $2,980,535.00.

“Our clients supplied goods worth over $9,000,000.00 to the suspects. The suspects, after selling all the goods, refused to pay the sum of Two Million, Nine Hundred and Eighty Thousand, Five Hundred and Thirty Five United States Dollars worth of products already supplied,” part of the petition read.

The foreign investors also accused the suspects of allegedly diverting proceeds from the sales for personal use and benefits, despite repeated demands for payment.

According to the petition, investigations allegedly revealed that the products supplied had been sold and disposed of, while proceeds were allegedly converted for personal gains.

The complainant described the development as “a calculated attempt to dispossess foreign investors of their investment in Nigeria through fraudulent means.”

The petition also emphasized the need for Nigerian authorities to protect foreign investments and uphold the spirit of bilateral investment agreements between Nigeria and the United Arab Emirates.

Meanwhile, the petition named Mrs. Elizabeth Adun Fasuyi as a co-suspect in the matter. She was reportedly present in court alongside her husband at a point during proceedings but allegedly avoided arrest by operatives of the anti-graft agency.

Senator Cyril Fasuyi, representing Ekiti North Senatorial District, has been dragged before the Economic and Financial Crimes Commission (EFCC) over an alleged fraud involving the sum of $2,980,535.00.

The petition, submitted by Mr. Nuel Wilson, West Africa Regional Representative of Integrated Packaging Systems FZCO (IPS Ingredis) and its Nigerian subsidiary, IPS Ingredis Integrated Systems Limited, accused Senator Fasuyi and his wife, Mrs. Elizabeth Adun Fasuyi, of conspiracy, fraudulent conversion, obtaining by false pretence, stealing, and diversion of foreign investment funds.

According to the petition, which was acknowledged by the EFCC on December 10, 2020, the Dubai-based company alleged that the senator and his wife, operating under the name Legacy Foods Limited, failed to remit payment for products supplied to them after several business transactions.

The petition stated that IPS Ingredis, a company registered in Dubai, United Arab Emirates, conducts the business of sales, supply, and distribution of raw materials across different countries, including Nigeria, through its local subsidiary based in Lagos State.

The complainant explained that the business relationship between both parties began in November 2015 after the suspects were introduced to the company by one of its Chinese customers. Following several meetings, the Fasuyis allegedly represented themselves as credible business partners interested in the company’s line of products.

Based on the agreement, the company reportedly supplied various raw materials, including corn starch, maltodextrin, shortening, maltose syrup, and other products to Legacy Foods Limited through multiple purchase orders.

The petition further alleged that goods worth over $9 million were supplied to the suspects during the course of the business relationship. However, the company claimed that after selling the products, the suspects allegedly refused to pay the outstanding sum of $2,980,535.00.

“Our clients supplied goods worth over $9,000,000.00 to the suspects. The suspects, after selling all the goods, refused to pay the sum of Two Million, Nine Hundred and Eighty Thousand, Five Hundred and Thirty Five United States Dollars worth of products already supplied,” part of the petition read.

The foreign investors also accused the suspects of allegedly diverting proceeds from the sales for personal use and benefits, despite repeated demands for payment.

According to the petition, investigations allegedly revealed that the products supplied had been sold and disposed of, while proceeds were allegedly converted for personal gains.

The complainant described the development as “a calculated attempt to dispossess foreign investors of their investment in Nigeria through fraudulent means.”

The petition also emphasized the need for Nigerian authorities to protect foreign investments and uphold the spirit of bilateral investment agreements between Nigeria and the United Arab Emirates.

Meanwhile, the petition named Mrs. Elizabeth Adun Fasuyi as a co-suspect in the matter. She was reportedly present in court alongside her husband at a point during proceedings but allegedly avoided arrest by operatives of the anti-graft agency.

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Adedini Hails Famadewa’s Appointment, Describes It as Pride for Ife Kingdom

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Engr. Marcus Adedini, Aspirant for Ife Federal Constituency, heartily congratulate the distinguished Ife-born retired military officer, Major General Adeyinka FAMADEWA (Rtd), on his well-deserved appointment as Special Adviser on Homeland Security by President Bola Ahmed Tinubu.

This prestigious appointment is a clear recognition of your years of meritorious service, professionalism, discipline, and unwavering commitment to national development and security.

Your appointment has brought immense pride, honour, and joy to the people of Ife Kingdom, as it further reflects the excellence and capacity of our sons and daughters who continue to contribute meaningfully to nation-building. Your outstanding record of leadership and dedication to service remains a great source of inspiration to many across the country.

As you assume this important national assignment, I am confident that your wealth of experience and strategic leadership will contribute significantly to strengthening peace, stability, and homeland security in Nigeria.

I pray that God grants you wisdom, strength, and greater success in this new office. Congratulations once again, Sir.

Signed:
Engr. Marcus Adedini
Aspirant, Ife Federal Constituency

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