latest
WAR CHEST FROZEN! Adeleke Drags EFCC & First Bank to Court, Demands ₦2 Billion Over Blocked Osun Accounts!
Osun State Governor Ademola Adeleke has initiated a ₦2 billion legal action against the Economic and Financial Crimes Commission (EFCC) and First Bank Nigeria Limited at the Federal High Court in Abuja, challenging the restriction placed on the state’s Federal Statutory Allocation Account.....KINDLY READ THE FULL STORY HERE▶
Osun State Governor Ademola Adeleke has initiated a ₦2 billion legal action against the Economic and Financial Crimes Commission (EFCC) and First Bank Nigeria Limited at the Federal High Court in Abuja, challenging the restriction placed on the state’s Federal Statutory Allocation Account.
Key aspects of the legal challenge and developments include:
-
The Lawsuit and Plaintiffs: Filed alongside the state’s Attorney-General and Accountant-General by a legal team led by M. T. Adekilekun (SAN), the suit names the EFCC, its chairman, and First Bank as defendants, contesting a Post-No-Debit directive applied to account number 2017170947.
-
Core Legal Arguments: The plaintiffs contend that the administrative freeze order—issued via an August 5 letter signed by Assistant Commander Adenike Babalola—is unlawful, unconstitutional, and an act of executive self-help that violates the financial autonomy of a federating unit without a valid court order.
-
Accusations Against First Bank: The state government argues that First Bank breached its duty of care by restricting account access based solely on an administrative letter, risking severe disruptions to government operations, public programmes, and salary payments.
-
Reliefs Sought: The lawsuit demands that the court set aside the EFCC’s directive, mandate the immediate unfreezing of the account, issue a perpetual injunction against future unauthorized restrictions, and award ₦2 billion in exemplary and aggravated damages alongside litigation costs.
-
EFCC’s Position: The anti-graft commission maintained that the restriction formed part of an ongoing investigation launched in March into the alleged mismanagement of roughly ₦11 billion involving Ecology, Intervention, and FAAC funds, denying any political motivation linked to the governorship contest.
-
Presidential Directive: Following the development, President Bola Tinubu issued a statement expressing embarrassment over the timing of the agency’s action just ahead of the election, subsequently directing the EFCC to approach the court and take immediate legal steps to restore the state government’s access to its account.
Nigerian filmmaker Dimbo Atiya has passed away, coming just a day after the death of actress Temitope Osoba.....KINDLY READ THE FULL STORY HERE▶
-
-
Atiya reportedly passed away on Thursday morning, with Best of Nollywood Awards founder Seun Oloketuyi breaking the news on Instagram.
-
Actor Mofe Duncan also paid tribute on social media, expressing devastation over the loss of one of the entertainment industry’s brilliant minds, while the cause of death remains unconfirmed.
-
Concurrently, Temitope Osoba’s family issued a statement dismissing unauthorized online rumors that attributed her Tuesday evening death to cancer complications.
-
Osoba had reportedly spoken with colleagues and updated her WhatsApp status with “Ogo Tuntun” (meaning “new glory”) shortly before her passing, prompting the family to reject false accounts surrounding her demise.
-
Minister of Works David Umahi has dismissed critics of the 700-kilometre Lagos-Calabar Coastal Highway, asserting that their opposition stems from envy.....KINDLY READ THE FULL STORY HERE▶
Responding to remarks made by former Cross River State Governor Donald Duke during a television interview—where Duke questioned the project’s viability beyond Lagos and its status as a priority—Umahi maintained that President Bola Tinubu remains fully committed to delivering the infrastructure as scheduled.
Highlighting the project’s current progress across multiple sections, Umahi noted significant milestones:
-
Section 1: Completed (7.47 km from Victoria Island to Elepe village).
-
Section 2: Approximately 70% complete (spanning about 50 km from Lagos to the Ogun border).
-
Sections 3A & 3B: Roughly 30% complete (covering about 67 km).
-
Section 4 & Beyond: Active works and design stages extending through Ogun, Ondo (covering about 82 km), Akwa Ibom (the longest section at roughly 180 km), and continuing toward Rivers, Bayelsa, and Delta states.
While praising Duke as a brilliant gentleman who avoided insults during his critique, Umahi firmly rejected the notion that the highway would stall or fail to materialize, crediting the administration’s determination to overcome past funding hurdles.
latest
THE NET CLOSES IN! ICPC Delivers Explosive Probe Report On Adeyemi Directly To President Tinubu!.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has submitted an interim investigative report to President Bola Tinubu concerning the alleged fictitious Presidential Foreign Investment Promotion Council (PFIPC) and its self-proclaimed Director-General, Adeniyi Adeyemi.....KINDLY READ THE FULL STORY HERE▶
-
Call for Prosecution: Following a directive issued by President Tinubu 30 days prior, ICPC Chairman Musa Aliyu announced that the anti-corruption agency has recommended the prosecution of Adeyemi.
-
Findings of Forgery: Preliminary investigations revealed that Adeyemi’s appointment was never authorized by the Federal Government, and the accompanying appointment letters, gazettes, and establishment documents were entirely forged.
-
Unlawful Occupancy and Scope Expansion: The syndicate reportedly commandeered the former offices and official instruments of the defunct Presidential Economic Advisory Council (PEAC) and later altered the fake entity’s name to encompass revenue generation.
-
Additional Fictitious Bodies: Investigators uncovered two other purported government bodies—the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency—linked to Adeyemi’s operations, which were allegedly utilized to open unauthorized bank accounts.
-
Further Recommendations: Alongside prosecuting Adeyemi, the ICPC advised disciplinary measures for public officials who may have inadvertently facilitated the operation, alongside institutional reforms to tighten internal verification controls, with investigations remaining ongoing.
-
latest12 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp