Connect with us

News

EFCC Issues 2 Weeks Ultimatum To Bank Debtors … Nabs Church Financier Over $96,000 Fraud

Published

on

The Economic and Financial Crimes Commission, EFCC has given debtors of recently bailed out banks two weeks to pay up or face another round of action from the anti-graft agency. The latest ultimatum is coming following reports from the affected banks that most of the debtors had reneged on their promises to pay up within a stipulated period. According to the statement made available to The Tide through its spokesperson, Mr. Femi Babafemi. “It is worrisome that those that made part payments with a promise to paying up within a certain period as agreed with EFCC, have failed on their own terms. It is therefore necessary to remind them that the recent withdrawal of the EFCC operatives from the affected banks should not be misconstrued”, he said. Meanwhile, Chairman of the Commission (EFCC), Mrs. Farida Waziri, has said that the anti-graft agency will henceforth, focus its attention on Other Financial Institutions, OFIs, such as mortgage firms and discount houses in its efforts to rid the country of money laundering and terrorism financing. Other Financial Institutions, which the EFCC Chairman said have become potentially weak links in the war against money laundering in Nigeria, include: Discount Houses, Primary Mortgage Institutions and Micro Finance Banks. Mrs. Waziri who was represented by Emmanuel Akomaye, Secretary to the Commission, made the remark at the Anti-Money Laundering/Counter Terrorist Financing training/seminar, organized by the EFCC through the Nigerian Financial Intelligence Unit, NFIU, for other financial institutions, last Monday. “Focusing on the OFIs or strengthening AML/CFT measures within the OFIs Sector will help us weed out unscrupulous operators who have brought disrepute to other sector; enhance business transparency and promote legitimate private business growth; provide a fair and enabling environment for all OFIs operators; increase investors confidence thereby attracting more investment and facilitate the prevention and detection of money laundering and all associated predicate offences,” Waziri said. According to her, empirical evidence shows that criminals are gradually moving towards Other Financial Institutions to commit crimes because of the relatively weak AML/CFT regulations. The OFIs, she said have become a potential weak link in the war against money laundering in Nigeria . “The stigma of being the weak link does not bode well for the OFIs sub-sector, the professions within the sub-sector and indeed the overall implementation of Nigeria’s AML/CFT regime”, she added. Mrs. Waziri urged the participants to cooperate and partner with the NFIU by fulfilling their obligations under the relevant laws in order to confront effectively the menace of money laundering, terrorist financing and other related crimes in Nigeria. Norman Wokoma, Director, NFIU, listed the objectives as including, creating awareness on Anti-Money Laundering/Counter Terrorist Financing among operators of Discount Houses, Primary Mortgage Institutions, PMIs and Micro Finance Banks it is also aimed at enhancing operators’ responsiveness to their obligations under the Anti-Money laundering (Prohibition) Act, 2004 and guides the operators of Discount Houses, Primary Mortgage Institutions, Micro Finance Banks on filing cash transactions, foreign transactions and suspicious transactions reports. Meanwhile a former student of the Igbinedion University, Okada and Edo State, who is prominent financier of the Christ Embassy Church, Okoro Osagie Victor, alias Jerry Finger has been arrested by the Economic and Financial Crimes Commission, EFCC for allegedly defrauding foreigners to the tune of $96, 607 through the internet. The 23 -year old former Chemical Engineering student who dropped out of the university in 2004 due to what he called ‘family issues’, was picked up by operatives of the Commission in Benin city following a petition by a regional compliance officer with Money gram International, who suspected that the large number of foreign ladies, mostly Americans and Germans, who have been wiring money to the fraudster were victims of fraud. The suspicion was triggered by a communication with one of Victor’s victims who told money gram that she met the fraudster over the internet and that she has been sending him money because he claims that he wanted to set up a business. Investigations subsequently revealed that Victor is a serial marriage scammer. He has been fleecing his victims posing as Jerry Finger, a white British American expatriate working in Nigeria. Apart from sending photograph of a successful white male with the assumed Identity of a Jerry Finger to his victims and promising them marriage, he would also tell them that he was in Nigeria to execute a project and then demand for money from them, with a promise to refund them when he is paid for the project. Some fell for the gimmick and paid.

Continue Reading

News

Senate Holds Emergency Meeting ‘Morrow

Published

on

The Senate has announced that it will hold an emergency plenary sitting tomorrow (Tuesday).

The announcement was made yesterday in a statement signed by the Clerk of the Senate, Emmanuel Odo, who said all senators have been requested to attend.

“The President of the Senate, Godswill Akpabio, has directed the reconvening of plenary for an emergency sitting on Tuesday, February 10th, 2026,” the statement read.

The session is scheduled to commence at 12 noon.

This comes just days after the Senate passed the amendment bill on February 4, but voted down Clause 60(3), which would have required presiding officers to electronically transmit results from polling units directly to the Independent National Electoral Commission’s Result Viewing portal in real time.

The rejected clause aimed to make the process mandatory.

The lawmaker replaced it with the current discretionary “transfer” of results, which allows electronic transmission only after votes are counted and publicly announced at polling units.

Civil society groups and opposition figures in the country have condemned the Senate’s decision, labelling it a setback for Nigeria’s democratic progress.

Senate President Akpabio has, however, defended the Senate’s actions, insisting during a public event that the Senate did not reject electronic transmission and vowing not to be intimidated.

Tomorrow’s emergency sitting could see the Senate reconsider the rejected amendment amid public outcry and potential legal challenges from figures such as lawyer Femi Falana, with possible implications for Nigeria’s democratic processes and the balance between incumbency protections and verifiable voting technology.

Continue Reading

News

Probe Senate Over Electoral Act, Tax Laws, SERAP Tells CCB

Published

on

The Socio-Economic Rights and Accountability Project (SERAP) has petitioned the Code of Conduct Bureau (CCB) to investigate members of the Senate and other public officers over alleged irregularities in the passage of the Electoral Act Amendment Bill and the Tax Reform Laws.

According to a statement issued yesterday by SERAP’s Deputy Director, Kolawole Oluwadare, the organisation is seeking a prompt, thorough, and effective probe into claims that some senators removed provisions on electronic transmission of election results from the Electoral Act Amendment Bill during plenary, despite a majority having voted for their inclusion and without any debate on the proposed removal.

“According to our information, certain members of the Senate allegedly removed the provisions on electronic transmission of election results from the Electoral Act Amendment Bill during plenary after the majority of the senators had voted for the inclusion of the provisions and without any debate on the proposed removal of the said provisions,” SERAP said.

The organisation also requested the CCB to investigate alterations in the Tax Reform Bills, which reportedly led to discrepancies between the harmonised versions passed by the National Assembly and the copies signed into law and gazetted by the Federal Government.

“Similarly, the National Assembly recently alleged that there are unlawful alterations and some material differences between the tax reform bills passed by the legislative body and the tax reform laws gazetted by the Federal Government.

“A Sokoto lawmaker, Abdussamad Dasuki, raised the issue under a matter of privilege, drawing the attention of the House to the alleged discrepancies between the harmonised versions of the tax reform bills passed by both chambers of the National Assembly and the copies gazetted by the Federal Government.

“The lawmakers said the alterations contained in the gazetted copies did not receive legislative approval. These alleged unlawful alterations raise questions over the legality and legitimacy of both the law-making processes and the versions of the tax laws circulated by the Federal Ministry of Information,” the petition added.

The Senate had denied removing the provisions on electronic transmission of election results, saying it only removed the term “real time” from the sentence, citing judicial concerns.

Similarly, the National Assembly had initiated investigations into the alleged discrepancies in the tax bill and released a “certified” version of the Acts to address the contradictions. The law took effect on January 1, 2026.

SERAP said the petition is submitted under paragraphs 1 and 9 of the Code of Conduct for Public Officers contained in the Fifth Schedule, Part 1 of the 1999 Constitution (as amended), and sections 5 and 13 of the Code of Conduct Bureau and Tribunal Act.

It alleged that the processes leading to the passage of the Electoral Act Amendment Bill and the signing of the Tax Reform Laws were marked by alterations to bill provisions without debate and due process of law, as well as alterations to the Tax Reform Bill without the approval of the National Assembly.

“The petition raises issues of conflict of interest, abuse of office, non-disclosure of interests, lack of due process, and erosion of the Code of Conduct for Public Officers in the exercise of legislative power.

“There are also allegations that certain amendments may have been removed or introduced to the Electoral Act Amendment Bill and the Tax Reform Laws to serve private or political interests rather than the public interest,” the petition reads.

Citing the Constitution, SERAP noted that public officers must not place themselves in situations where personal interests conflict with official duties.

Specifically, the organisation asked the Bureau to formally register the petition and “promptly, thoroughly, transparently, and effectively investigate the conduct of the lawmakers and officers of the executive branch allegedly involved;

“Examine whether inducements, benefits, or promises were offered or received in connection with those acts;

“Examine whether the alleged cumulative conduct of lawmakers and officers of the executive branch amounted to abuse of legislative power, conflict of interest, and breach of due process, contrary to the Code of Conduct for Public Officers;

“Refer any substantiated violations to the Code of Conduct Tribunal; and

“Take all necessary steps to uphold the principle that public office is a public trust.”

The petition requested that the Bureau consider the complaint within seven days, warning that legal action could follow if there is no response.

Dated February 7, 2026, the petition was signed by Oluwadare and sent to the Chairman of the Code of Conduct Bureau, Mr Abdullahi Bello.

Continue Reading

News

Red Cross Unveils New Generation Of Humanitarians In PH

Published

on

The Nigerian Red Cross Society (NRCS), Rivers State Branch, has expanded its humanitarian footprint in Rivers State with the formal inauguration of student volunteers at Command Children School (CCS), Bori Camp, Port Harcourt, marking a significant step in promoting humanitarian values among young Nigerians.

The ceremony, which took place at the school premises, officially admitted CCS students into the Nigerian Red Cross Society.

The Rivers State Branch Representative of the Red Cross Society, Mr Noah Idegbesor, disclosed this in his opening remarks at the occasion.

In a symbolic display, the students marched to the flag stand alongside members of the high table and the Branch Representative, where the Red Cross flag was hoisted, signifying the school’s full induction into the Nigerian Red Cross Society.

With the flag raised, CCS was formally declared a member institution of the NRCS.

As part of the inauguration, a certificate of affiliation was presented to the school by the Nigerian Red Cross Society and received on behalf of the school by the Head Teacher, Mrs Onwuzuruigbo Taiwo.

Speaking as Chairman of the occasion, the Acting Director, Nigerian Army 6 Division Education Services, Port Harcourt, Lt. Col. A. Sadiq, described the event as very unique and significant.

Represented by Staff Sergeant Arisa Eberechi, the Director assured of the support of his team in ensuring success of the endeavour.

Also speaking,  the Chairman of the Parents Teachers Association (PTA) of the school, Mr Zuru Daniel, said the establishment of the Red Cross unit in the school was a welcome development and assured of the support of the body to ensure its sustainability.

The event also featured a parade by the volunteers, freewill donations from dignitaries and parents in attendance, underscoring community support for the humanitarian initiative.

Speaking earlier, the Head Teacher, Mrs Onwuzuruigbo Taiwo, described the inauguration as an emotional and fulfilling moment.

“It was awesome. We thought it would not be possible, but today it was glorious,” she said.

Taiwo explained that the school’s participation in the Red Cross Society began when management decided to introduce clubs and societies.

“I told my assistant that I wanted the Red Cross to be one of them. The Red Cross signifies many things; it is service to humanity,” she added.

Also, the Assistant Head Teacher, Mrs Bawo Agbana, expressed appreciation to dignitaries, officials of the Nigerian Red Cross Society and parents for their support and presence.

The Assistant Head Teacher (Administration) described the programme as overwhelming and exciting, expressing gratitude to God for its success.

She said the school’s decision to embrace the Red Cross Society was driven by the need to instill values of love, kindness and service in children from an early age.

“Our impression of the Red Cross is being good to people, showing love and kindness. As the children grow, we want to build the spirit of humanity in them so they can show love and care in school, their communities and Nigeria at large,” she said, adding that early training was crucial given current challenges in the country.

She also delivered the closing remark, after which a photo session was held with the newly inaugurated student volunteers.

Other dignitaries at the occasion include Chairman, Python Officers’ Mess, 6 Division, Port Harcourt, Chief Dan Harrison, and the Sualla 1 of Adagbabiri Kingdom, Chief Col. K. Agbana (Rtd.),

Speaking in an interview at the event, 10-year-old primary five pupil, Precious Ote, said she volunteered to join the Red Cross Society because of her desire to help and care for people.

Similarly, 11-year-old Eno Marvellous of Primary Four expressed excitement at becoming a member of the Red Cross Society, noting that her hope is “to save” lives.

The inauguration highlights ongoing efforts by the Nigerian Red Cross Society to nurture a culture of volunteerism, compassion and humanitarian service among schoolchildren in Port Harcourt and beyond.

Continue Reading

Trending