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Melrose Drags CBN, EFCC to Court Over Alleged Disobedience of Supreme Court Order
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the Director of Legal Services, Salam-Alada Kofo, are facing contempt proceedings for allegedly failing to fully comply with a Supreme Court ruling concerning the Paris Club Refund.....KINDLY READ THE FULL STORY HERE▶
Justice Inyang Edem Ekwo of the Federal High Court in Abuja has scheduled a hearing for June 4, 2025, in the case brought by Melrose General Services Limited. The company, linked to the Paris Club Refund scheme, accuses the CBN and others of disregarding a Supreme Court directive that reversed the forfeiture of N1.22 billion and N220 million tied to its operations.
In June 2024, the Supreme Court ruled in favor of Melrose, overturning a previous forfeiture order obtained during an investigation by the Economic and Financial Crimes Commission (EFCC). The court determined that the EFCC failed to prove the funds were obtained through fraudulent means and ordered their release.
While the CBN refunded the N1.22 billion, Melrose claims the outstanding N220 million—paid earlier to Wasp Networks and Thebe Wellness as a loan and investment—remains unpaid, prompting the contempt charges. The company argues that the CBN’s partial compliance violates the Supreme Court’s judgment.
Melrose, represented by Senior Advocate of Nigeria (SAN) Chikaosolu Ojukwu, contends that the refusal to remit the remaining funds undermines judicial authority. Justice Ekwo had previously granted permission to serve contempt notices (Forms 48 and 49) to the CBN officials, giving them seven days to respond.
At the most recent hearing, Melrose’s legal representative, Segun Fiki, confirmed that all parties, except the Ministry of Finance, had responded to the court summons. Meanwhile, CBN’s legal counsel, Abdulfatai Oyedele, submitted a counter-affidavit and preliminary objection. He argued that the Supreme Court did not direct the payment of N220 million to Melrose directly, but to the accounts of Wasp Networks and Thebe Wellness, from which the funds were originally seized.
The CBN further stated that while Wasp Networks had claimed N200 million, Thebe Wellness had yet to demand their N20 million share. According to the CBN, it acted within the scope of the Supreme Court’s directive and did not engage in any wrongdoing.
The EFCC, represented by M.A. Babatunde, also filed a motion, asserting it was wrongly included in the suit.
The court is expected to determine in June whether the CBN and its officials willfully disobeyed the Supreme Court judgment or acted lawfully based on their interpretation of the ruling.
This legal battle stems from the controversial Paris Club Refund—a payment made to consultants for services rendered to the Nigerian Governors’ Forum.
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“THE REBELLION IS ON: Man City Declares Total War On Premier League Chiefs Over Landmark Decision!”
The Appeal: Manchester City has officially filed a comprehensive appeal challenging the findings of the Premier League Commission following its recent disciplinary decision.....KINDLY READ THE FULL STORY HERE▶
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Filing Timeline and Claims: The club confirmed submitting the appeal at 7:00 PM on Thursday, October 1, 2026, describing the commission’s opinion as unsafe and containing clear material errors of law, principle, and fact while maintaining its complete innocence.
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The Verdict Details: The independent commission previously found City guilty of financial breaches between the 2009-10 and 2017-18 seasons—including arranging sham contracts to disguise over 830 million pounds in secret funding—as well as failing to fully cooperate with the investigation.
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Club and Leadership Response: City expressed surprise and disappointment at the verdict, insisting that comprehensive evidence supports their defense, though public comments remain limited due to ongoing proceedings. Chairman Khaldoon Al Mubarak and CEO Ferran Soriano expressed confidence in proving the club’s innocence.
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Pep Guardiola’s Support: Former manager Pep Guardiola reaffirmed his unwavering backing for the club, ownership, staff, and supporters in a social media statement, declaring that they will get through the challenge together.
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3. “Donald Duke is Better Than All Of Them”: Baba-Ahmed Explains Why PRP Is Shaking Up The 2027 Race!
The National Chairman of the People’s Redemption Party (PRP), Dr. Hakeem Baba-Ahmed, has asserted that the party is exceptionally fortunate to feature former Cross River State Governor, Donald Duke, as its presidential candidate for the upcoming 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
A Strong Endorsement for Donald Duke
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Surpassing Competitors: Speaking during an interview, Baba-Ahmed confidently stated that, candidate for candidate, Donald Duke outperforms all other presidential contenders currently in the political space.
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Integrity and Capability: He described Duke as part of a visionary leadership blueprint aimed at thinking critically, restoring national dignity, exhibiting true integrity, and offering young Nigerians a leadership style they can genuinely look up to.
The Strategic Push for an Opposition Coalition
Despite possessing what he considers the superior candidate, Baba-Ahmed explained why the party is actively championing a broader political alliance:
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Consensus Over Ego: The PRP chairman emphasized that the party’s push for a mega-coalition is driven by consensus and constitutional processes rather than forcing Duke’s candidacy through on profile strength alone.
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Defeating Fault Lines: Framing the 2027 election as a critical turning point for the nation, Baba-Ahmed noted that the stakes go far beyond individual party ambitions. The coalition aims to unite likeminded opposition forces to rescue Nigeria from its current trajectory and bridge its deep fault lines.
Norway national team manager Ståle Solbakken has firmly denied allegations that Manchester City pressured him to shield star striker Erling Haaland from questions concerning the club’s financial breach case during international duty.....KINDLY READ THE FULL STORY HERE▶
Media reports had previously claimed that club officials intervened behind the scenes to restrict Haaland’s media exposure. However, speaking to TribalFootball, Solbakken rejected these accusations entirely, emphasizing that Manchester City had no influence over his handling of media duties. He noted that the last time he ever discussed media matters with the club was during Haaland’s transition from Borussia Dortmund to Manchester City.
Key Highlights from Solbakken’s Statement
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Solbakken labeled the rumors a “lie,” stating that such claims compromise his personal integrity and his commitment to honesty with the national team.
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The manager clarified that the choice to exempt Haaland from specific media obligations was entirely his own decision, made without informing or consulting either Haaland or Manchester City.
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Expressing frustration over persistent club-level controversies overshadowing international windows, Solbakken urged journalists to focus on Haaland’s athletic performance on the pitch rather than fabricated cover-up stories.
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