Nigerian Corruption Probes Continue: Court Grants Badeh N2bn Bail
By John Chuks Azu
Nigeria Daily Trust
Mar 11 2016 5:00AM
Former Chief of Defence Staff, retired Air Chief Marshal Alex Badeh, was yesterday granted bail by a Federal High Court in Abuja on a total of N2 billion bond.
Justice Okon Abang ordered Badeh to produce two sureties in the sum of N1 billion each.
The judge said the sureties must be resident in Abuja and must be property owners with requisite Certificates-of-Occupancy.
He directed the court’s chief registrar and the EFCC to independently ascertain the market values of the property with the FCT Administration within 24 hours.
The judge ordered the sureties to deposit evidence of tax clearance for three years and two recent passport photographs each.
He also ordered Badeh to deposit his international passport with the court’s chief registrar pending the conclusion of the trial.
Badeh and Iyalikam Nig Ltd, a company believed to be owned by him, was on Monday arraigned on a 10-count charge of criminal breach of trust and corruption to the tune of N3.9 billion.
Badeh and his company were accused of removing from the accounts of the NAF, and using the dollar equivalent of N650 million to purchase a commercial plot at 1386, Oda Crescent Cadastral Zone Ao7 Wuse ll, Abuja among other allegations.
He was also alleged to have removed N304m from the accounts of the NAF and paid it to Rytebuilders for the completion of a shopping mall.
The EFCC said the accused used N260m dollar equivalent removed from the NAF accounts and paid to one Oluwatoyin Oke through Platinum Universal Project and Construction to purchase for his son, Alex Badeh (jnr), a duplex at No 19 Kumasi Crescent, Wuse Abuja. The trial commences March 14.
Read more at http://www.dailytrust.com.ng/news/general/court-grants-badeh-n2bn-bail/137436.html#pvBjtEoTEyYgtVXT.99
Asset: Saraki’s Trial Starts Today at CCT
By Adelanwa Bamgboye
Nigeria Daily Trust
Mar 11 2016 5:00AM
The trial of Senate President, Dr Bukola Abubakar Saraki, over alleged false declaration of assets will commence today before the Chairman Code of Conduct Tribunal ( CCT ), Danladi Yakubu Umar.
Saraki, a two-term governor of Kwara State, filed as required by law, four assets declaration forms and submitted same to the Code of Conduct Bureau ( CCB ).
Following investigation, it was alleged that Saraki acquired many properties while in office as governor of Kwara State but failed to declare them in the CAB forms earlier filed and submitted to the relevant authorities.
It was also alleged that Saraki made anticipatory declaration of assets upon his assumption of office as governor of Kwara State.
It was further alleged that Saraki sent money abroad for the purchase of properties in London and that he maintained accounts outside Nigeria while serving as governor between 2003 and May 2011.
Based on these alleged violations of the Code of Conduct for public officers, the CCB initiated a criminal proceeding against Saraki before the Code of Conduct Tribunal ( CCT ).
However, Saraki who pleaded not guilty, has challenged the competence of the tribunal to try him, saying the case was not initiated by due process of law.
In a motion filed by Magaji Mahmud (SAN) on his behalf, the tribunal was informed of a provision of the Code of Conduct Bureau and Tribunal Act that before any matter will be referred to the CCT, the accused person must be given the opportunity of admitting the said breach or non-compliance.
The implication of this, according to Magaji, is that certain conditions must be certified before a charge is preferred by the complainant against the accused person.
Read more at http://www.dailytrust.com.ng/news/general/asset-saraki-s-trial-starts-today-at-cct/137438.html#gHGpitgqqV4KzY0Q.99
Nigeria Daily Trust
Mar 11 2016 5:00AM
Former Chief of Defence Staff, retired Air Chief Marshal Alex Badeh, was yesterday granted bail by a Federal High Court in Abuja on a total of N2 billion bond.
Justice Okon Abang ordered Badeh to produce two sureties in the sum of N1 billion each.
The judge said the sureties must be resident in Abuja and must be property owners with requisite Certificates-of-Occupancy.
He directed the court’s chief registrar and the EFCC to independently ascertain the market values of the property with the FCT Administration within 24 hours.
The judge ordered the sureties to deposit evidence of tax clearance for three years and two recent passport photographs each.
He also ordered Badeh to deposit his international passport with the court’s chief registrar pending the conclusion of the trial.
Badeh and Iyalikam Nig Ltd, a company believed to be owned by him, was on Monday arraigned on a 10-count charge of criminal breach of trust and corruption to the tune of N3.9 billion.
Badeh and his company were accused of removing from the accounts of the NAF, and using the dollar equivalent of N650 million to purchase a commercial plot at 1386, Oda Crescent Cadastral Zone Ao7 Wuse ll, Abuja among other allegations.
He was also alleged to have removed N304m from the accounts of the NAF and paid it to Rytebuilders for the completion of a shopping mall.
The EFCC said the accused used N260m dollar equivalent removed from the NAF accounts and paid to one Oluwatoyin Oke through Platinum Universal Project and Construction to purchase for his son, Alex Badeh (jnr), a duplex at No 19 Kumasi Crescent, Wuse Abuja. The trial commences March 14.
Read more at http://www.dailytrust.com.ng/news/general/court-grants-badeh-n2bn-bail/137436.html#pvBjtEoTEyYgtVXT.99
Asset: Saraki’s Trial Starts Today at CCT
By Adelanwa Bamgboye
Nigeria Daily Trust
Mar 11 2016 5:00AM
The trial of Senate President, Dr Bukola Abubakar Saraki, over alleged false declaration of assets will commence today before the Chairman Code of Conduct Tribunal ( CCT ), Danladi Yakubu Umar.
Saraki, a two-term governor of Kwara State, filed as required by law, four assets declaration forms and submitted same to the Code of Conduct Bureau ( CCB ).
Following investigation, it was alleged that Saraki acquired many properties while in office as governor of Kwara State but failed to declare them in the CAB forms earlier filed and submitted to the relevant authorities.
It was also alleged that Saraki made anticipatory declaration of assets upon his assumption of office as governor of Kwara State.
It was further alleged that Saraki sent money abroad for the purchase of properties in London and that he maintained accounts outside Nigeria while serving as governor between 2003 and May 2011.
Based on these alleged violations of the Code of Conduct for public officers, the CCB initiated a criminal proceeding against Saraki before the Code of Conduct Tribunal ( CCT ).
However, Saraki who pleaded not guilty, has challenged the competence of the tribunal to try him, saying the case was not initiated by due process of law.
In a motion filed by Magaji Mahmud (SAN) on his behalf, the tribunal was informed of a provision of the Code of Conduct Bureau and Tribunal Act that before any matter will be referred to the CCT, the accused person must be given the opportunity of admitting the said breach or non-compliance.
The implication of this, according to Magaji, is that certain conditions must be certified before a charge is preferred by the complainant against the accused person.
Read more at http://www.dailytrust.com.ng/news/general/asset-saraki-s-trial-starts-today-at-cct/137438.html#gHGpitgqqV4KzY0Q.99
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