Connect with us

news

Obasanjo brought shame to Nigeria – Falana

Published

on

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.”

 

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

JUST IN : $4.2m COVID-19 fraud : Apetu of Ipetumodu, Oba Olugbenga Oloyede.jailed four years in US

Published

on

The Apetu of Ipetumodu in Osun State, Oba Joseph Oloyede, has been sentenced to more than four years in prison in the United States.

Oloyede, 62, who holds dual U.S. and Nigerian citizenship and resides in Medina, Ohio, was on August 26 handed 56 months in prison by U.S. District Judge Christopher A. Boyko.

According to the U.S. Attorney’s Office for the Northern District of Ohio in a statement on Tuesday, the monarch, was also ordered to “serve three years of supervised release after imprisonment and pay $4,408,543.38 in restitution.

“He also forfeited his Medina home on Foote Road, which he had acquired with proceeds of the scheme, and an additional $96,006.89 in fraud proceeds investigators had seized,” the statement read.

The U.S. Attorney’s Office said Oloyede led a conspiracy to exploit COVID-19 emergency loan programmes created for struggling businesses.

“From about April 2020 to February 2022, Oloyede and his co-conspirator, Edward Oluwasanmi, conspired to submit fraudulent applications for loans that were made available through the U.S. Small Business Association (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act,” the statement read.

In April, the duo pleaded guilty to wire fraud and tax fraud charges linked to a pandemic relief scam that siphoned over $4.2m in federal stimulus funds.

The court was told that Oloyede, who also worked as a tax preparer, “operated five businesses and one nonprofit, while Oluwasanmi owned an additional three business entities.

“Both defendants used their businesses to submit loan applications using false information.

“They obtained approximately $1.2 million in SBA funds for Oluwasanmi’s entities and $1.7 million for Oloyede’s entities,” the statement added.

According to investigators, “Oloyede submitted fraudulent PPP and EIDL applications in the names of some of his clients and their businesses.

“In exchange, Oloyede would receive 15-20% of their loans as the fee, or kickback, for obtaining the loans for them, without reporting this income to the IRS on his own tax returns.”

The funds were then used for personal gain, prosecutors said.

“Investigators learned that the defendant used funds obtained from these loans to acquire land and build a home and purchase a luxury vehicle,” the U.S. Attorney’s Office disclosed.

In all, Oloyede “caused the SBA to approve 38 fraudulent applications, amounting to $4,213,378 in disbursed loans and advances.”

His co-conspirator, Oluwasanmi, 62, of Willoughby, was earlier sentenced in July to 27 months in prison.

He was also ordered to pay more than $1.2 million in restitution, forfeit a commercial property purchased with fraud proceeds, and surrender more than $600,000 held in financial accounts.

The U.S. Attorney’s Office emphasized the significance of the conviction, noting that the case was jointly investigated by the Department of Transportation Office of the Inspector General, the FBI Cleveland Division, and IRS-Criminal Investigations as part of the Pandemic Response Accountability Committee Fraud Task Force.

“This case was prosecuted by Assistant United States Attorneys Edward D. Brydle and James L. Morford for the Northern District of Ohio,” the release concluded.

Continue Reading

news

BREAKING : Air Peace is set to launch direct flights from Lagos to Brazil, following an agreement reached during President Tinubu’s visit to Brazil

Published

on


Air Peace, is set to begin direct flights from Lagos, Nigeria  to São Paulo, Brazil following an agreement reached during President Bola Tinubu’s state visit to Brazil

Details later

Continue Reading

news

Breaking : Panic as Abuja-Kaduna Train Derails

Published

on

A passenger train traveling from Abuja to Kaduna derailed on Tuesday morning, sparking panic among passengers and their families.

The incident reportedly occurred along the Kaduna corridor shortly after the train left Abuja around 11 a.m. on its way to Kaduna.

A passenger on board described the situation as “chaotic,” noting that people were “scrambling to safety in fear and confusion.”

The cause of the derailment remains unclear, but official confirmation indicates about six people sustained injuries, with no fatalities reported.

According to security sources, military personnel have been deployed to the scene to help evacuate stranded passengers.

The Nigerian Railway Corporation has issued a statement on the incident.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved