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Youth Council Calls for Speedy Confirmation of Bawa as EFCC Chairman

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Abdulrasheed Bawa

By Modupe Gbadeyanka

The Nigerian Senate has been urged not to delay the screening and confirmation of Mr Abdulrasheed Bawa as the substantive Chairman of the Economic and Financial Crimes Commission (EFCC).

On Tuesday, President Muhammadu Buhari nominated Mr Bawa as the new head of the country’s anti-corruption agency. He is to replace Mr Ibrahim Magu, who occupied the position for about five years in an acting capacity.

Reacting to the development, the National Youth Council of Nigeria (NYCN), through a statement signed by its president, Mr Solomon Adodo, commended the President for picking the 40-year-old “world-class crime buster” to lead his anti-corruption campaign as it is the “biggest masterstroke” in his administration’s effort to crush the monster called corruption.

They said the next step would be for the upper chamber of the parliament to confirm his appointment so as to enable him to get the ball rolling.

They appealed the Senate to “immediately screen and approve the nomination of Mr Abdulrasheed Bawa,” adding that, “We shall be mobilizing our members to the National Assembly within the next seven days to press home our point.”

The youth council emphasised that the services of Mr Bawa are “greatly needed to advance the fight against corruption in Nigeria as his appointment “signals a positive turn in the war against corruption” and must therefore be urgently considered for approval by the Senate.

It said Mr Bawa’s appointment was not only a great win for Nigerian youths but goes further to remind young Nigerians to always be prepared to take the position of leadership.

“We have diligently looked through the untainted records of this great and young compatriot who has risen through the ranks of the EFCC.

“No one can better understand the workings of the commission than a young officer who has spent all his career years within the establishment beginning from the point where the commission was set up with its unique mandate to halt the negative tide of financial crimes.

“It is imperative to stir to the memory of all discerning observers that Mr Bawa has been strongly averse to any act of corruption or financial crime, he has fought with all determination against this hydra-headed monster even at the risk of threats to his life, unfounded attempts to blackmail him and several concerted smear campaigns against this world-class crime buster.

“Mr Abdulrasheed Bawa has been assigned several sensitive investigations to head including the Diezani Allison-Madueke case between 2015 to Date which resulted in the recovery of millions of Dollars worth of properties in Nigeria, U.K., U.S.A, and U.A.E including 92 properties in Nigeria; the Atlantic Energy Group case between 2014 to 2015 where he recovered millions of Dollars worth of properties in Nigeria, UK, USA, Switzerland, UAE and Canada; the highly controversial Crude Oil Swaps and OPA case between 2014 to 2015, again he recovered Billions of Naira for the Federal Government putting an end to haemorrhagic loss revenue.

“Through diligent investigation, Mr Bawa was able to unearth the Petroleum Subsidy Fraud between 2012 and 2015 N70 billion, recovered billions and several companies were prosecuted duly.

“It may be recalled that several men hitherto identified as men of integrity (including Members of the House of Representatives) could not resist the massive bribes and inducement from the subsidy cabal, Mr Bawa, however, remained unbent and rather put the nation first.

“At all his duty posts, the records bear it clear that the sole and singular focus of this fearless fighter against corruption has been to ensure that all traces of financial crimes are identified, exposed and suffocated,” the group said.

The group noted that Bawa’s years of experience and training by global institutions such as the United States Federal Bureau of Investigation (FBI), United States Financial Crime Enforcement Network (FinCEN), the World Bank and the United Nations Office of Drug and Crimes, amongst others, could not have escaped the eyes of any employer seeking a competent hand to head to the anti-graft agency.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Akinwumi Adesina Turns Down Requests to Become Next Nigerian President

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Akinwumi Adesina Sworn-In

By Adedapo Adesanya

The President of the Africa Development Bank (AfDB), Mr Akinwumi Adesina, has ruled himself out of the 2023 presidential race in Nigeria.

Mr Adesina made his position known in a statement on Tuesday after months of calls for him to join the contest after a group bought the presidential nomination form of the All Progressives Congress (APC) for him at the cost of N100 million.

In the statement, the banker emphasised that his current desire is to continue to hold the office of the president of the AfDB which he won reelection for last year.

However, he expressed appreciation for those who found him worthy of leading his country at this critical time it is undergoing different challenges ranging from economy, security and others.

“While I am deeply honoured, humbled and grateful for all the incredible goodwill, kindness, and confidence, my current responsibilities at this time do not allow me to accept to considered,” the statement read in part.

“I remain fully engaged and committed to the mission that Nigeria, Africa and all the non-African shareholders of the African Development Bank have given me for Africa’s development.

“I remain fully focused on the mission of supporting the accelerated development and economic integration of Africa,” Mr Adesina added.

Less than two weeks ago, a coalition of 28 groups purchased the N100 million APC presidential forms for the former Agriculture Minister.

The coalition consists of groups such as the Youth Arise Movement, Nigerians in Diaspora, One Nigeria Group, Prudent Youth Association of Nigeria, women groups, farmers, and other civil society groups.

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Sanwo-Olu Promises Justice for Sound Engineer David Imoh

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David Imoh Sound Engineer

By Modupe Gbadeyanka

Governor Babajide Sanwo-Olu of Lagos State has promised to ensure that the late Sound Engineer killed by a mob in the Lekki area of the state last week gets justice.

The Governor gave this assurance through the Commissioner for Information and Strategy, Mr Gbenga Omotoso, in a statement issued on Monday night.

Last week, after boarding a commercial motorcycle, an argument ensued between Mr David Imoh and the okada rider over N100 and attracted other riders, who then lynched him.

There have been calls for justice for the deceased and in the statement today, the state governor said this would be done.

He condemned the mob attack and said the police are interrogating four suspects at the State Criminal Investigation Department (CID), Panti in connection with the incident, while two survivors of the act are in hospital.

According to Mr Sanwo-Olu, the government will address the root cause of this and similar incidents, which have caused public anxiety, appealing to residents to remain calm as police continue to investigate the matter.

“Lagos has no room for savagery and anybody found to have been involved in this barbarism will surely face the law.

“We condemn and will not condone any kind of jungle justice, no matter who the perpetrators are,” the statement stressed.

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N80bn Fraud: EFCC Arrests Accountant General of the Federation Ahmed Idris

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ahmed idris

By Modupe Gbadeyanka

The Accountant General of the Federation (AGF), Mr Ahmed Idris, is cooling off in the custody of the Economic and Financial Crimes Commission (EFCC).

He is having talks with the agency, explaining what he knows about an alleged diversion of N80 billion belonging to the federal government.

He was picked up by operatives of the EFCC on Monday, May 16, 2022, after allegedly failing to honour invitations by the commission to respond to issues connected to the issue.

In a statement issued on Monday night, the anti-money laundering organisation claimed that Mr Idris, through verified intelligence, “raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates.”

“The funds were laundered through real estate investments in Kano and Abuja,” another part of the statement disclosed.

The AGF has been in the news lately over an audit report, which indicted some ministries, departments and agencies (MDAs) of the federal government of fraud.

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