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Showing posts from October 22, 2017

COURT ORDERS FORFEITURE OF MONIES IN BANK ACCOUNTS NOT LINKED TO BVN

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A Federal High Court in Abuja has ordered the forfeiture of all monies in bank accounts owned by corporate organisations, government agencies or individuals that are without bank verification number (BVN). The forfeiture order, which was issued by Justice Dimgba Igwe, while ruling on an exparte application filed by the Federal Government through the Office of the Attorney General of the Federation, is not final yet. The owners of the accounts will have 14 days to claim ownership of same and show cause why the proceeds in the accounts should not be permanently forfeited to the Federal Government. The Federal Government had sought an interim order directing all the money deposit banks (commercial banks) to disclose/declare all individual and corporate accounts in their custody not covered by BVN and for an interim order of forfeiture of the monies therein being accounts with insufficient know your customer guidelines contrary to the directive of the CBN and Section 3 of the Money Launder

"NIGERIANS DO NOT TRUST BUHARI" FORMER PRESIDENT JONATHAN

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The Media Office of former President Goodluck Jonathan has accused the federal government and the Special Assistant to President Buhari on Media, Femi Adesina of peddling falsehood over claims that Nigerians did not protest the hike in fuel price by the Buhari government because they trusted the government. In his response to Adesina and the Nigerian government, over the claims, Jonathan's Media Office said fear, not trust was why Nigerians did not protest en masse against fuel price hike under Buhari. "When Femi Adesina says that it is because of trust that Nigerians did not rise up against the Buhari administration when it increased the pump price of petrol from N87 to N145, he betrays a deep ignorance and arrogance. "First of all, it was not Nigerians that rose up again the Jonathan administration when that government increased the price of petrol on January 1, 2012. It was actually members of the All Progressive Congress who sponsored the protests," said the stat

FILIPINO TERROR SUSPECT IS DEAD

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Filipino soldiers walk past destroyed buildings in Marawi after President Rodrigo Duterte declared the city "liberated" on October 17, 2017. (AFP Photo/Ted Aljibe) MANILA , Philippines (AP) — DNA tests have confirmed the death of one of the FBI's most-wanted terror suspects, who the Philippine military reported was killed in a final battle to quell an Islamic State group-linked siege in southern Marawi city, US and Philippine officials said Saturday. US Embassy spokeswoman Molly Koscina told The Associated Press that DNA tests done in Virginia at the request of the Philippine military confirmed the death of Isnilon Hapilon. Washington has backed efforts by the Philippines, a treaty ally, to combat terrorism for years. "This is yet another example of how the US is supporting our friend, partner and ally in the fight against terror," Koscina said. Hapilon and Omarkhayam Maute, another leader of the Marawi siege, were killed in a gunbattle Monday in a push by thous