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Onnoghen Explains Sources Of Foreign Deposits In His Accounts
Walter Onnoghen, the suspended Chief Justice of Nigeria (CJN), has explained the sources of the foreign currencies deposited in his domiciliary accounts.
Onnoghen was suspended by President Muhammadu Buhari on a directive by the Code of Conduct Tribunal (CCT), before whom Onnoghen is standing trial over allegations of the fraudulent declaration of assets.
According to Sun newspaper, in a ‘Cautionary Statement Form’ filed at the Department of Intelligence Investigation and Monitoring, Code of Conduct Bureau (CCB), in Abuja, Onnoghen said the deposits in his dollar account were from trading in foreign exchange (forex), AGRICODE, while other investment returns were from proceeds of his investments.
This was contained in a voluntary statement he made at CCB.
In the statement, he specifically explained that “the deposits made in my US Dollar account No. 87000106250 with STD. Chartered Bank of $10,000 at different intervals of June 28, 2011 were sourced partly from my reserve and saving from my estacodes, including medical expenses.
“The same applies to my deposit of July 28, 2011, of $10,000 twice. It is important to state that prior to my opening the US dollar account, I had foreign currency, which I kept at home, due to the fact that there existed a government that proscribed the operation of foreign currency account by public officers including judicial officers.
“It was when I got to know that the policy had changed that I had to open the said account. Upon opening the account, I was made to understand that I cannot pay in more than $10,000 at a time and per payment slip. I cannot remember the total amount I had on reserve at the time, but it spread from my practice days as a private legal practitioner from 1979 to 1989.
“Some of the deposits are a result of forex trading, AGRICODE, and other investment returns were from proceeds of my investments into them. The withdrawals in the account are partly to pay children’s fees, upkeep abroad and further investments. My British pound and euro accounts with Chartered Standard Bank are savings accounts.
“In the January 1, 2019 document, the suspended jurist, who wrote his statement on January 11, 2019, between 12:30pm to 1: 45pm added: ‘I, Walter S. N. Onnoghen, of the Supreme Court of Nigeria, hereby, voluntarily depose to the statement averred herein, knowing that whatever I write or state may be tendered against me as evidence in court’.
“I also volunteer to state that the statement was not taken in evidence from me under duress but after the administering officer had explained and made known the details of the allegations against me.”
In his response to allegations of non-declaration of his assets, Justice Onnoghen added: “My asset declaration for numbers. SCN000014 and SCN.0000 5 were declared on the same day, December 14, 2016, because I forgot to make a declaration of May 2005 of my assets after the expiration of my 2005 declaration in 2009.
“Following my appointment as acting Chief Justice of Nigeria in November 2016, the need to declare my assets anew made me realise the mistake and then did the declarations to cover the period in default.
“I did not include my Standard Chartered Bank Account in SCN. 000014 because I believed they were not opened during the period covered by the declaration.
“I did not make a fresh declaration of asset after my substantive appointment as CJN because I was under the impression that my SCN. 000015 was to cover the period of four years; which includes my leave as CJN.”
Meanwhile, the Code of Conduct Tribunal (CCT) will resume sitting on the matter on February 4, 2019.
THE SUN
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Tinubu Commends APC Primaries, Describes Exercise as Victory for Internal Democracy
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…President expresses satisfaction with governors’ handling of exercise
…Says party members’ support places greater responsibility on him
President Bola Ahmed Tinubu on Saturday described the ongoing presidential primaries of the All Progressives Congress (APC) as a demonstration of internal democracy and grassroots participation, expressing satisfaction with the conduct of the exercise across the country.
The President spoke with journalists after participating in the primary election at Ward L2, Ikoyi, Lagos, where he commended state governors and party officials for managing the process.
President Tinubu, who arrived at the venue alongside the First Lady, Senator Oluremi Tinubu, was received by Lagos State Governor, Babajide Sanwo-Olu, Lagos APC Chairman Pastor Cornelius Ojelabi, Minister of Industry, Trade and Investment Dr. Jumoke Oduwole, former Minister of Finance Wale Edun, and other party leaders.
According to him, the exercise has so far reflected the democratic ideals of inclusiveness and orderly participation within the ruling party.
“This is a demonstration of internal democracy and it has been going very well according to plan.
“This is politics, grassroots politics, where every member of the party has a right to participate and be involved. It’s to ensure that we have an internal democracy and it’s peaceful and well-organized”, Tinubu said.
Responding to questions on whether he was satisfied with the manner governors had handled the process in their respective states, the President said the conduct of the primaries had met expectations.
“Today, I am very satisfied, very, very satisfied that these governors have done well in their various states.
“In fact, from the ward congresses to local government congresses, to the delegate accreditation, validation, members register, and certification of the electoral process, it has been all very well. At least, you will score democracy at a high level”, he said.
The President also reacted to the large turnout and expressions of support from party members and supporters at the venue, saying the show of confidence increased the responsibility on him.
“I’m just excited. They challenge me more,” Tinubu said.
Tinubu reiterated that the APC remained committed to transparent and inclusive democratic processes that allow party members at the grassroots to freely determine their leaders and representatives.
He further commended electoral officials, party leaders and security agencies for ensuring a peaceful and credible exercise, while urging Nigerians to continue supporting democratic institutions and national unity.
The President also reaffirmed his administration’s commitment to democratic ideals, good governance and policies aimed at improving the welfare of Nigerians while strengthening political stability across the country.
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Truck Loaded With Stolen Rail Materials Trapped in Jos, Exposes Growing Sabotage
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Concern is mounting over the persistent vandalism of railway infrastructure across Nigeria following another disturbing incident in Jos, Plateau State.
A truck reportedly conveying stolen railway materials was said to have become stuck along the Kuru axis, drawing attention to the activities of vandals sabotaging critical transportation infrastructure in the country.
The incident has renewed calls for urgent government intervention as experts warn that continued attacks on railway facilities could negatively affect national development and public safety.
Railway tracks and related materials are regarded as essential national assets designed to support economic activities, improve transportation and boost regional connectivity. Their destruction, analysts say, amounts to economic sabotage and a setback to Nigeria’s infrastructure development goals.
There are growing fears that criminal networks are increasingly targeting railway installations in parts of North Central and North East Nigeria, threatening train operations and exposing commuters to danger.
Stakeholders are now urging authorities to intensify monitoring, deploy advanced security systems and strengthen enforcement measures to curb the menace.
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Ekiti APC: Controversy Trail Cyril Fasuyi’s Second-Term Ticket as Fayemi, Oyebanji Alliance Sparks Debate
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There are growing political discussions within the Ekiti State chapter of the All Progressives Congress (APC) following allegations surrounding the emergence of Senator Cyril Fasuyi for a second term ticket.
Some party members and political observers in the state have alleged that Governor Biodun Oyebanji and former Governor Dr. John Kayode Fayemi remain politically aligned despite public perceptions suggesting otherwise. According to the claims, the relationship between Governor Oyebanji and Fayemi remains cordial and influential in the state’s political structure.
Critics further alleged that Senator Cyril Fasuyi was advised to reconcile with Fayemi in order to secure support for his return bid, a move they claim eventually strengthened his chances of getting the ticket.
The development has reportedly generated concerns among some APC stakeholders, who believe certain political interests are working behind the scenes to shape the future direction of Ekiti politics ahead of upcoming political contests.
The allegations also claim that internal power struggles within the party may affect relationships with key figures at the national level, particularly supporters loyal to President Bola Ahmed Tinubu.
However, no official statement has been issued by Governor Oyebanji, Dr. Fayemi, or Senator Fasuyi regarding the allegations.
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