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Court Freezes Dangote’s Accounts In 20 Banks

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A Federal High Court in Lagos has ordered 20 Commercial banks in Nigeria to dishonour all withdrawal cheques from Mr. Sani Dangote, younger brother to Alhaji Aliko Dangote, and his companies, Dansa Foods Limited and Bulk Pack Services Limited.
Justice Okon Abang, who made the order yesterday in a bench ruling, said the order subsists till September 11, 2014 when the court would entertain all applications in a suit brought by Union Bank Plc against Dangote and his companies.
The judge also ordered all the banks involved to, within five days of the interim order, file affidavits declaring the defendants statement of accounts with them.
Union Bank had taken Dangote and his companies to court over alleged refusal to liquidate about N5.2bn loan granted them since September, 2008.The bank, through its lawyer, Mr. Chukwudi Enebeli from the chambers of Mr. Kemi Pinheiro (SAN) had instituted suits seeking an order of mareva injunction to restrain all the defendants’ banks in Nigeria from allowing them withdraw funds from their accounts pending the determination of the suits.
The banks named are Access, CITI, Diamond, Ecobank, Enterprise, Fidelity, Keystone, Mainstreet, Skye, Wema, Heritage, Sterling, Unity and Zenith Banks.
Others are First Bank, First City Monument Bank, Guaranty Trust Bank, Stanbic IBTC, Standard Chartered Bank and United Bank for Africa.
In the affidavits in support of its suits, Union Bank Plc urged the court to urgently grant the mareva order because in a bid to evade payment of the loan, Dangote has been making frantic efforts to deplete the funds in the accounts of his companies, and that the bank’s investigations revealed that the defendants had started diverting the funds to Dubai in the United Arab Emirates, Canada and Switzerland.
One Olufunmilola Ayoola, an official of the bank, who deposed to the bank’s affidavit, alleged that the failure of the defendants to liquidate the monumental debt had negatively affected the Nigerian economy, a development which the bank claimed necessitated the suits.
According to Ayoola, Union Bank Plc has been having difficulty in extending credit facilities to small scale businesses which in turn would have helped in boosting the nation’s economy and salvage the country from its present malaise of corruption and under development crisis.
The bank stated that the funds which Dangote and his companies failed to pay, were capable of going a long way in impacting positively on the nation’s economy.
When the matter came up for hearing on Thursday, the motion could not be heard as counsel for the defendants informed the court that they had filed objections challenging jurisdiction of the court to entertain the suit.
Out of all the banks, Diamond and Zenith appeared before the court on Thursday and explained that Dangote was equally indebted to them.
Zenith Bank specifically said Dangote was indebted to the bank to the tune of seven million euros.
In view of the defendants’ objections contesting jurisdiction, the judge said the matter would be adjourned till September 11, 2014 to be able to take all the applications.

Rivers State Deputy Governor, Engr Tele Ikuru (right) and other dignitaries at the commissioning of some projects in Andoni last weekend

Rivers State Deputy Governor, Engr Tele Ikuru (right) and other dignitaries at the commissioning of some projects in Andoni last weekend

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FG Alerts On Massive Flooding In Rivers, FCT, Others

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The Nigeria Hydrological Services Agency (NIHSA), an agency of the Federal Ministry of Water Resources, has predicted more devastating floods from the end of August to early October in some states of the federation, including Rivers and the Federal Capital Territory (FCT).
Already, the agency said in line with its earlier predictions, Lagos, Nasarawa, Anambra, Abia, Kwara, Kaduna, Rivers, Enugu, Borno and Ondo states had witnessed severe flooding as a result of heavy local rainfalls compounded by poor drainage system.
The Director-General of the agency, Engr. Nze Clement Onyeaso, in an interaction with some journalists in Abuja, yesterday, said all areas earlier identified as flood prone this year as well as those along the Rivers Niger and Benue might likely begin to experience more devastating flooding from the end of August.
“Nigeria is located within the River Niger Basin which is occupied by nine countries namely Benin, Burkina- Faso, Cameroon, Chad, Cote d’Ivore, Guinea, Mali, Niger and Nigeria. Nigeria is located at the lowest position of the Basin and this means that once the upper catchment of the Basin gets flooded, Nigeria should be prepared to experience flooding. The period of flooding in these upstream countries is August and September of every year,’’ he said.
The DG said his agency was monitoring the development as we approach these critical months, adding that it will also continue to monitor Cameroonian authorities with regards to flood scenarios in the upper catchment of the sub-basin.
Nze warned Lagosians against the practice of dredging and sound filling the Atlantic Ocean, to build what they usually call model cities like those in Lekki and Banana Island, saying such may, in the future, pose serious threats.
As part of the preparation for the expected floods, the DG called on Nigerians, especially the state governments to be fully prepared by ensuring cleaning of blocked drainage system and canals remove refuse, weeds, water hyacinths and floats on water channels.
The agency had earlier predicted that 121 LGAs in 27 states and FCT might experience severe flooding this year.

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Rivers Police Confirm Killing Of Disbanded OSPAC Leader In EMOLGA

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The Rivers State Police Command has confirmed the killing of one Alex Uwazuruike Isaac, the leader of disbanded OSPAC in Umudioga community in Emohua local Government Area of the state, last Tuesday.
The spokesperson of Rivers State Police Command, SP Nnamdi Omoni, who confirmed this in a telephone interview with The Tide, said the dismembered body of the victim has also been recovered and deposited in the mortuary for preservation.
The police spokesperson further stated that the police has restored normalcy in the community while the Commissioner of Police, Eboka Friday, has ordered for full investigation into the incident.
It would be recalled that gunmen suspected to be cultists, last Tuesday, invaded Umudioga community, and killed Alex Uwazuruike Isaac, who was said to be the leader of the disbanded OSPAC, a local vigilante group in the area.
A native of the community, who pleaded anonymity for fear of the unknown, disclosed that the gunmen, who were armed with sophisticated assault rifles, stormed the community in the afternoon and went for their target.
The source further revealed that the gunmen shot Isaac dead before beheading and dismembering his body, and later paraded the head of their victim in the community while urging natives not to panic as they came for the deceased and not for the community.
The Tide gathered that some other members of the disbanded OSPAC have already fled the community as a result of the killing of their former leader and fear of being attacked by the cultists who are hunting members of the defunct OSPAC in the area.
It was learnt that many suspected cultists were arrested and killed in the community while others fled during the reign of the deceased OSPAC commander in the community in 2019.
The Tide further learnt that the killing comes barely three weeks after the Chairman of Emohua Local Government Council, Dr Chidi Lloyd pronounced the dissolution of all vigilante groups in the LGA, and asked communities that make up the council area to submit five names of natives who would be screened and admitted into a new security outfit to be established and funded by the council in no distant time.

By: Akujobi Amadi

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JAMB Fixes Mop-Up UTME For 18,000 Candidates, Aug 6

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The Joint Admissions and Matriculation Board (JAMB) has rescheduled examination for more than 18,000 candidates who experienced biometric verification challenges and those who genuinely missed the just-concluded Unified Tertiary Matriculation Examination (UTME) as a result of a clash with this year’s National Business and Technical Examinations Board examination.
The mop-up UTME is scheduled for Friday, August 6, 2021, in some selected locations across the country.
JAMB Spokesperson, Fabian Benjamin, made this known in a statement, yesterday, titled, ‘Mop-Up UTME Holds Friday, 6th August, 2021…JAMB’.
The statement read, “Following detailed investigation and careful analysis of the highly-successful 2021 UTME, and with due consultation (resulting in gracious concession) with the National Examination Council (NECO) concerning the timetable of the council’s on-going SSCE, JAMB has scheduled a Mop-up UTME for Friday, August 6, 2021, in some selected locations across the nation.
“About 18,000 candidates slated for the examination are being notified through both text messages on their designated phone numbers and their JAMB profiles. In addition, the candidate can check using their registration number on http://www.jamb.gov.ng/2021mopup.
“For the avoidance of doubt, no candidate whose result has been duly released will be rescheduled for another examination.
“The rescheduled candidates are in the following categories:
“Candidates who could not be initially scheduled for examination owing to their inability to timely procure and supply their mandatory NINs or profile codes until after the close of the registration exercise and, therefore, had to purchase Bank Drafts (as against the usual vending of PINs) after the scheduled period for the examination and were later registered.
“Few candidates who encountered peculiar biometric verification problem, or who failed biometric verification on the examination date (and were recaptured) but were not allowed to partake in the examination. (Adequate screening arrangements have been made to re-verify such claims and any candidate found to be involved in any form of impersonation will be identified for prosecution).
“Candidates who were unable to sit for the UTME owing to the clash of timetables of the UTME and the then on-going NABTEB examinations and whose particulars have been verified and supplied directly to JAMB by NABTEB.
“Candidates who have been ascertained by JAMB to have experienced genuine rescheduling/technical problems as was the case in 30 of the 760 centres used for the examination.
“The rescheduled candidates are to print fresh examination notification slips containing the venue and time of the examination. The slips are to be printed from the JAMB website https://www.jamb.gov.ng using the candidates’ registration number from Sunday, August 1, 2021.
“The board strongly advises candidates to avoid supplying their vital information, including registration number to fraudsters who abound especially in cybercafe(s), tutorial centres springing up almost everywhere in the nation as a result of the illicit activities of examination syndicates. CBT centres approved by JAMB which are consistently monitored are relatively more secured for printing examination notification slips by candidates who cannot print such on their own.”

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