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Thursday, 11 May 2017

Lagos LG Polls: PDP won’t Ain Any Council Tinubu vows

 The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, yesterday, said that the Peoples Democratic Party, PDP, would not record any win in the forthcoming council polls in Lagos State. Tinubu, a former governor of the state, said this while addressing hundreds of party faithful at the Lagos State APC stakeholders’ meeting at the party secretariat at Acme Road, Ikeja. The stakeholders’ forum was held in preparation for the July 22 council polls. Tinubu regretted the loss of some national and state legislative seats to the PDP in the 2015 general elections. “2015 election was the greatest battle of our time. In the last election, we lost more than three LGAs to our opponents, which is very unusual. “We have asked our leaders in those local governments to examine what went wrong and work together to chart a new course to ensure the APC wins back those councils.


NNPC - Ex Boss Andrew Yakubu lost bid to retrieve forfeited $9.8m



A Federal High Court in Kano has dismissed the application filed by a former Managing Director of the state oil firm, NNPC, Andrew Yakubu, seeking to quash an interim order of forfeiture secured by the Economic and Financial Crimes Commission. Ruling on the application filed by the counsel to Mr. Yakubu, Ahmad Raji, Justice Zainab Abubakar said the court has jurisdiction to hear the case, contrary to the argument of Mr. Raji.



The judge also ruled that the application seeking to set aside the case lacks basic legal framework and that the EFCC is competent according to Section 29 of its Act to seek for the order of interim forfeiture. The EFCC had on February 13, 2017 secured the Federal High Court order on the forfeiture of the over $9.8 million retrieved from Mr. Yakubu’s house in Kaduna. Mr. Yakubu is already being prosecuted by the EFCC for the money found in his house on February 2. On Tuesday, a witness told a Federal High Court in Abuja, where the ex-oil chief is being prosecuted, how the money was found.



Read more at: http://www.vanguardngr.com/2017/05/ex-nnpc-boss-andrew-yakubu-loses-bid-retrieve-forfeited-9-8m/
The judge also ruled that the application seeking to set aside the case lacks basic legal framework and that the EFCC is competent according to Section 29 of its Act to seek for the order of interim forfeiture. The EFCC had on February 13, 2017 secured the Federal High Court order on the forfeiture of the over $9.8 million retrieved from Mr. Yakubu’s house in Kaduna. Mr. Yakubu is already being prosecuted by the EFCC for the money found in his house on February 2. On Tuesday, a witness told a Federal High Court in Abuja, where the ex-oil chief is being prosecuted, how the money was found.

Read more at: http://www.vanguardngr.com/2017/05/ex-nnpc-boss-andrew-yakubu-loses-bid-retrieve-forfeited-9-8m/
The judge also ruled that the application seeking to set aside the case lacks basic legal framework and that the EFCC is competent according to Section 29 of its Act to seek for the order of interim forfeiture. The EFCC had on February 13, 2017 secured the Federal High Court order on the forfeiture of the over $9.8 million retrieved from Mr. Yakubu’s house in Kaduna. Mr. Yakubu is already being prosecuted by the EFCC for the money found in his house on February 2. On Tuesday, a witness told a Federal High Court in Abuja, where the ex-oil chief is being prosecuted, how the money was found.

Read more at: http://www.vanguardngr.com/2017/05/ex-nnpc-boss-andrew-yakubu-loses-bid-retrieve-forfeited-9-8m/