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EFCC Slams N800m Fraud Charges Against Adoke, Appears in Court Today

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The Economic and Financial Crimes Commission has filed seven charges against a former Attorney General of the Federation and Minister of Justice, Mr Bello Adoke, and one Abubakar Aliyu at the Federal High Court, Abuja.

The charges border on alleged acceptance and spending of about N797.3m. The charges were brought under the Money Laundering Prohibition Act.

The former AG, who has been in the custody of the EFCC following his arrest at the Nnamdi Azikiwe International Airport, Abuja on December 19, is also being tried for his alleged role in the controversial $1.3bn Malabu Oil scandal.

According to the charge sheet, signed by Bala Sanga, Aliyu Yusuf, M.S. Abubakar and H.A. Shehu on behalf of the acting Chairman of the EFCC, Ibrahim Magu, Adoke is facing six counts while Aliyu is facing one count.

The charges read in part, “That you, Mohammed Bello Adoke, sometime in September 2013, in Abuja, within the jurisdiction of this honourable court, accepted as payment the sum of United States dollars equivalent to N300,000,000.00 (Three hundred million naira) from Abubakar Aliyu and you thereby committed an offence as specified under Section 1 (a) of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 16 (2)(b) of the same Act.

“That you, Mohammed Bello Adoke, sometime in September 2013, in Abuja, within the jurisdiction of this honourable court, made a payment of a sum of United States dollars equivalent to N367,318,800.00 (Three hundred and sixty-seven million, three hundred and eighteen thousand, eight hundred naira) to one Usman Mohammed Bello and you thereby committed an offence as specified under Section 1(a) of the Money Laundering Prohibition Act 2011 (as amended) and punishable under Section 16 (2)(b)of the same Act.

“That you, Mohammed Bello Adoke, on or about the 16th of September 2013, in Abuja, within the jurisdiction of this honourable court, did cause to be made a structured cash payment in 22 tranches of a sum of money totalling N80,000,000.00 (Eighty million naira) into your Unity Bank Plc Account No. 0020153263, which sums you knew was part of an unlawful act, to wit: the payment of an amount exceeding stated threshold amounts outside a financial institution, intending to conceal the origins of the said funds, contrary to Section 15 (2 )(a) of the Money Laundering Prohibition Act 2011 as amended and punishable under Section 15 (3) of the same Act.

The anti-graft agency, in another charge, is prosecuting Adoke and a former Minister of Petroleum, Dan Etete, for their alleged involvement in the sale of OPL 245, which was sold to Shell Nigeria Exploration and Production Company and Nigeria Agip Exploration by Malabu Oil and Gas Ltd. for $1.1bn.

The Punch

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ADC: Momodu Questions INEC’s Neutrality, Warns Against Selective Justice

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A chieftain of the African Democratic Congress (ADC), Basorun Dele Momodu, has raised fresh concerns over the neutrality of the Independent National Electoral Commission (INEC), warning that its handling of internal party disputes could undermine public confidence in Nigeria’s democracy.

He made the remarks on Thursday, during an exclusive interview on Frontline, a current affairs programme on Eagle 102.5 FM, Ilese-Ijebu, Ogun State.

The discussion centred on the recently concluded ADC convention and INEC’s position on factional leadership within the party. Momodu argued that electoral institutions must be careful not to be seen as politically biased.

The Media mogul maintained that the ADC’s decision to proceed with its convention was not an act of defiance but of constitutional and organisational survival.

According to him, political parties have the right to manage their internal affairs without undue interference.

He stressed that INEC’s primary responsibility is to act as an impartial referee in elections rather than become involved in internal party conflicts. He warned that any perception of bias could weaken trust in democratic institutions.

“Well, it is not really the business of INEC to intervene and interfere in the affairs of a party. Their role is to be the unbiased umpire, conduct elections and make sure that the elections are fair and square.

“But this INEC, this particular INEC, has started very early to show signs that we may not be able to trust them”

Momodu expressed concern that opposition parties are often subjected to faster and stricter scrutiny compared to ruling parties.

He suggested that this perceived imbalance could deepen political tension in the country. He also cautioned that democratic institutions must not only act fairly but must also be seen to act fairly. For him, perception is as important as legality in sustaining public confidence.

“Because of the hurry with which they deal a blow to opposition parties, I don’t see them doing that to APC. The speed at which they aligned quickly with the weaker faction of, you know, PDP was clear to me that we will be heading for the rocks again, as we have done in the past.

“I remember Amupitan when he was appointed; he pledged to be one of the best. But from what I’m seeing, his name is already being rubbished in the mud, which is unfortunate for a man at that commanding height of his life.

Culled from Daily Telegraph

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Man Rescued Amid Attempt to Jump into Lagos Lagoon

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A man whose identity had not been established at the time of filing this report was rescued after reportedly attempting to jump into the Lagos Lagoon from a bridge.

Eyewitnesses said the individual parked his vehicle on the bridge before entering the water, prompting alarm among passersby.

The situation was, however, swiftly brought under control as local fishermen in the area intervened and pulled him out of the lagoon, preventing what could have resulted in a fatal outcome.

A video capturing the rescue surfaced on social media on Wednesday, shared by Isaac Fayose, who expressed concern over the incident and called on Nigerians to pay closer attention to the well-being of those around them.

“Please, check on your family and friends. This just happened today. Who knows what went wrong,” he wrote.

As of the time of this report, the circumstances leading to the incident remain unclear, while authorities have yet to provide an official account.

The Lagos State Police Command had also not issued any confirmation of the incident.

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Dele Momodu Proposes Atiku/Obi Ticket As ‘Best Bet’ to Unseat Tinubu in 2027

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Veteran journalist and chieftain of the African Democratic Congress (ADC), Chief Dele Momodu, has declared that a joint presidential ticket between Atiku Abubakar and Peter Obi represents the strongest strategy for the opposition to defeat the ruling All Progressives Congress in the 2027 general elections.

Speaking on Politics Today on Channels Television, Momodu said the emerging ADC coalition is gaining momentum as a credible alternative to President Bola Tinubu’s administration, which he accused of promoting “one-man rule” and weakening democratic institutions.

Momodu argued that an Atiku–Obi ticket offers both experience and electoral appeal, noting that both politicians already command significant national followings from previous elections. He recalled their collaboration in 2019, adding that Obi’s performance in the 2023 presidential election provides a ready base of supporters that can be consolidated.

According to him, the coalition is further strengthened by the involvement of political heavyweights such as Rabiu Kwankwaso and Rotimi Amaechi, making it a formidable opposition alliance.

“The candidates who placed second, third, and even fourth are aligning. That naturally builds a strong challenge,” Momodu said, suggesting that this development could unsettle the APC ahead of 2027.

He also accused the Tinubu administration of centralising power and undermining democratic processes, claiming that key institutions—including the legislature and electoral system—are increasingly influenced by the executive arm of government. He warned that such a trend poses risks to Nigeria’s democracy.

Momodu further alleged that opposition parties face systemic obstacles, including difficulties in accessing venues, legal pressures, and institutional interference. He argued that these challenges have made opposition unity not just strategic, but necessary.

Dismissing concerns about possible cracks within the ADC coalition, Momodu described such fears as speculative, insisting that current political realities have effectively forced major opposition figures to work together.

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