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Wike, Others Get Good Governance Awards …As Daily Times Marks 91st Anniversary, May 16
The Rivers State Governor, Chief Nyesom Wike, will on May 16, add another good governance feather to his cap, as Daily Times honours heroes and heroines who have helped shape Nigeria’s history in different fields.
The award is part of activities designed by The Daily Times of Nigeria (DTN), the nation’s heritage newspaper, to mark its 91 years anniversary, commencing on May 16, 2017, with exhibition at the International Conference Centre, Abuja.
Others to be honoured with the good governance award are Governors Okezie Ikpeazu (Abia); Akinwunmi Ambode (Lagos); Ibrahim Dankwabo (Gombe); Bindo Jubril (Adamawa); Willie Obiano (Anambra); Yahaya Bello (Kogi); and Atiku Bagudu (Kebbi).
A statement signed by the Publisher, The Daily Times, Mr. Fidelis Anosike, and Chairman of the DTN Anniversary Committee, Aremo Olusegun Osoba, indicated that the celebration will be used to honour other heroes, including President Muhammadu Buhari, who will be given Nnamdi Azikiwe Leadership Award; President Nana Akufo-Ado of Ghana who will receive Babatunde Jose Leadership Award; the immediate past President, Dr. Goodluck Jonathan to be bestowed with Ernest Ikoli Leadership Award; and the Senate President, Dr. Bukola Saraki, to be given Politician of the Decade Award.
The statement further listed others to be honoured as Governor Dankwabo, who will get Governor of the Decade award, business icon and Chairman, Heirs Holding and UBA, Mr. Tony Elumelu, to be crowned with Man of the Decade Award; Chairman, First Bank Plc, Mrs. Ibukun Awosika, to be awarded Woman of the Decade while Pastor Paul Adefarasin, will bag Life Impact Award.
The rest to be honoured are Pinnacle Communications Limited and Nigerian Media icons such as Nduka Obaigbena, John Momoh, Linda Ikeji, and Chris Ubosi.
The statement noted that the celebration will be flagged-off with an AA top level National and Historic Exhibition with the theme: “Nigeria through the Times” at the entrance foyer of the International Conference Centre, Abuja, on May 16, 2017, from 3.00 pm till 6.00pm and at the Nigerian Institute of International Affairs (NIIA), Victoria Island, Lagos, from June 1 to June 6, 2017.
The exhibition, according to the statement, is aimed at bringing back to our memories, the vision and struggles of the country’s founding fathers, who laboured vigorously for the Nigerian Independence as exclusively documented by The Daily Times and retained in its very rich archives.
“The historic exhibition shall showcase the history of Nigeria viz-a-viz the colonisation, the rise of Nigerian nationalism, pictorial exhibitions of historic constitutional conferences, emergence of political parties, the Nigerian independence pictures, The Daily Times first issue of June 1, 1926, the Daily Times independence edition, October1, 1960, landmark editorials of the Daily Times, photographs of the editors of The Daily Times publications and memorable front pages from Daily and Sunday Times,” noted the statement.
The Times Heroes Awards 2017, which comes as icing on the anniversary cake, will hold at the Abuja International Conference Centre, Main Hall from 6.30 pm on May 16, 2017.
The awards are instituted to honour deserving heroes who have distinguished themselves in various endeavours and whose activities have positively impacted lives, “a legacy the Times Nigeria has canvassed over the years.”
This year’s awards, the anniversary planning committee noted, is a consolidated in that the last awards by The Daily Times in 1996 marked her 70th anniversary.
According to the statement, “Henceforth, the Times Heroes Awards has now been instituted to be an annual award”.
It would be recalled that notable icons of the Daily Times are Sir Adeyemo Alakija, Ernest Ikoli and Alhaji Babatunde Jose.
Others are late Chief Innocent Oparadike; Araba Tola Adeniyi, Tunji Oseni, Onukaba Adeniyi-Ojo and others.
The event, expected to attract people from all walks, aims at “the promotion of humanitarian cause such as the issue of the Internally Displaced Nigerians (IDPs), the anniversary committee added.
Susan Serekara-Nwikhana
News
EFCC Indicts Banks, Fintechs In N162bn Scams
The Economic and Financial Crimes Commission (EFCC) has indicted a new generation bank, six Fintechs and some microfinance banks in major financial scams by allowing fraudsters to launder huge sums of money.
Director of public Affairs of the Commission, Mr Wilson Uwujaren, made this known at a press briefing at the commission’s headquarters in Abuja, yesterday.
According to him, the compromised institutions allegedly allowed cryptocurrency transactions worth N162 billion to pass through without proper due diligence within the 2024/2025 financial year.
He said that the financial institutions clearly compromised banking procedures and allowed the fraudsters to safely change their ill-gotten gains into digital assets and move them to safe destinations.
“A total sum of N18.1 billion was moved through the financial system without due diligence of customers by the banks.
“It is worrisome that investigations by the commission showed that cryptocurrency transactions to the tune of N162 billion passed through a new generation bank without any due diligence.
“Investigations showed that a single customer maintained 960 accounts in another new bank and all the accounts were used for fraudulent purposes.
“That is bad news but the good news is that following our intervention the commission has been able to recover N33.62 million, which has been returned to some of the victims.”
He explained that the scams were in two categories, adding that the first was a syndicate of fraudsters that employed an airline discount scheme to lure their victims.
He said that they advertised a discount system for the purchase of flight tickets of a particular foreign carrier.
“The payment module is designed in such a way that the victims’ payment is actually made into the account of the airline.
“After payment is made the passenger’s entire funds in his bank account are emptied.
“Investigations showed that more than 700 victims have been scammed so far, with a loss of N651 million,” he said.
According to him, investigations show that the scheme is being masterminded by a foreign national; the commission has so far recovered and released N33 million to victims of the fraud.
He said that another scheme involved a company named Fred and Farid Investment Limited, simply called FF investment, which lured Nigerians into a bogus investment arrangement.
“More than 200, 000 victims have been defrauded in this regard. A total sum of N18 billion was raked in through nine companies offering diverse investment packages.
“The companies are: Credio Banco Limited; Deliberty Rock Limited; Liam Chumeks Global Service; Ngwuoke Daniels Technology; and Icons Autos and Import Merchant.
“Others are : Newpace Technology Services Limited, Primepath Ways Ventures Limited, Kaka Synergy Network Limited and Sunlight Tech Hub Services Limited.”
He said that foreign nationals were behind the schemes, while there are three Nigerian accomplices who have been arrested and charged to court.
He said that the masterminds were on the run and efforts are being made to bring them to book.
“The Commission is calling on regulatory bodies to bring financial institutions to compulsory compliance with regulations in the areas of Know Your Customers (KYC), Customer Due Diligence (CDD), Suspicious Transaction Reports (STRs) and others.
“Deposit Money Banks, Fintechs, Micro Finance Banks found to be aiding and abetting fraudsters should be suspended and referred to the EFCC for thorough investigation and possible prosecution.
“Negligence and failure to monitor suspicious and structured transactions by banks should no longer be allowed,” he said.
While cautioning members of the public to be wary of these actors, he said that the EFCC would continue its works against money laundering by fraudulent actors.
Uwujaren urged financial institutions to firm up their operational dynamics and save the nation leakages and compromises bleeding the economy.
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