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Group calls on President Tinubu to probe Aisha Dahir-Umar for diversion of PENCOM funds using her relatives – Umar Farouk and Umar Rayyan

by Leading Reporters July 16, 2024
written by Leading Reporters

A Non-governmental organisation, ProJustice and Development Observers Initiative has reiterated its readiness to engage with the anti-corruption agencies and other relevant stakeholders to ensure that the immediate past Director General of National Pension Commission Aisha Dahir-Umar faces the full weight of the law for diverting hundreds of millions of PENCOM money using her relatives. 

The group said it has privileged information that Aisha was using her GTBank Account No 0022939309 to receive monies from PENCOM account under phony guises such as “Holiday allowance”, “Payment for cars” “Motor Vehicle Grant”, “Foreign Flight Tickets Allowances”, and others which in turn were diverted to her relatives’ account, namely Umar Farouk and Umar Rayaan.

Speaking exclusively with Lead Investigation Editor, LeadingReporters, the group said that President Ahmed Tinubu-led government would not be fair to Nigerian pensioners if his government turns deaf ear to countless atrocities that occurred under the watch of Ms Dahir-Umar in PENCOM. It further said that Ms Aisha continued to allocate resources to herself from PENCOM account and that the peak of that anomaly was from 2015 to 2023.

“For instance, Ms. Aisha unilaterally awarded herself vehicle grants, four times within months totaling over N100,000,000. This is even though the DG has official vehicles allocated to her.

“Again, every national holiday, Ms. Aisha pays herself millions of money as her Holiday allowance.  She uses her personal account to receive monies for her international flights, against the norm where tickets for official travels are arranged by the office.

“The implication is that Aisha despite being provided tickets for her offshore travels (official and personal) went ahead to collect monies for the same reason.

“The worrisome pattern is that no sooner these illegal funds are mopped up than they were moved from the former DG’s account to her relatives, namely Umar and Rayyan Farouk Account.  These relatives accounts have been constantly stuffed with hundreds of millions from Ms Aisha.

Giving what the group described as a brief analysis of the perennial rot and untamed fund diversion committed by the immediate past PENCOM DG, the organisation expresses its readiness to do the needful by engaging with the anti-corruption agencies and other allied agencies to ensure that such official corruption does not go unpunished to serve as a deterrent to those who come to high government offices as a way of self-enrichment.

Few examples include the following, according to the group include:

“On the 5th of May, 2017, the former DG received the sum of N18,440,052.14, described as “Motor Vehicle Grant”

“On the 24th May, 2017, she received the sum of N8,397,066.97 described as payment for “Shortfall of paid holiday allowance” and another payment of N18,713,052.13 was made into the same account which was described as “Sundry Allowances” on the 29th September, 2017

“She also received on the 25th January, 2017, the sum of N6,750,000 described as “Second Car Grant.  The same date she received the sum of N9,000,000 described as “First Car Grant”.  She received the total sum of N15,750,000 in one day as “First and Second Car Grant”

“The former DG received the following sums N11,432,510, on the 30th March, 2017 described as “allowance adjustment”, another N15,972,343.26 on the 12th December, 2017 described as “Paid Holiday Allowance”; and yet another N17,102,077.73 was received into her account on 23rd October, 2017 described also as “Arears of Annual Allowances”.  The following day being 24th October, 2017, she received another total of N12,015,758.65

In the same vein, On the 11th June, 2017, she collected the sums of N22,057,478.62 and N28,603,112.78 respectively described as “Shortfall on Motor Vehicle Grant” While on the 1st of January, 2019, she received the sum of N18,434,890 as Holiday Allowance the same day she received N13,377,000 and N5,893,142 as furniture allowance and air ticket to Washington DC for a meeting respectively.

These are few examples of the financial atrocities that occurred in PENCOM while Ms. Umar-Farouk reigned as DG.

July 16, 2024 0 comments
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Sports

Lionel Messi is Back With a Smile as Argentina Win Record 16th Copa America Title

by Leading Reporters July 15, 2024
written by Leading Reporters

Argentina clinched a historic 16th Copa America title with an extra-time 1-0 win against Colombia on Sunday at Florida’s Hard Rock Stadium.

With no goals in the first and second half, the game saw both sides fight hard beyond 90 minutes for a winner to emerge.

Though Colombia pressed for a goal in the second half, with Arias and Davinson Sánchez coming close, Argentina defended resolutely under pressure, seizing their best opportunity to grab a winner in the extra time. 

It was not an easy ride for the Argentine team as Messi sustained an ankle injury in the 36th minute after a clash with Santiago Arias. His performance was affected for the rest of the first half, and he was replaced in the 66th minute. 

The decisive moment of the fierce battle between the defending Champions and Colombia came when Lautaro Martinez, a late substitute, scored the winning goal in the 112th minute. 

Courtesy of an accurate fine pass from Giovani Lo Celso, Martinez, the competition’s top scorer, brilliantly lifted the ball over Colombia’s goalkeeper, Camilo Vargas, sparking celebrations among the Argentines.

This victory adds to Argentina’s recent successes. It follows their 2022 World Cup win and their 2021 Copa America triumph, serving as a fitting farewell for Lionel Messi, who is expected to retire from international football after this tournament. 

The victory marked the end of international careers for Ángel Di María and Nicolás Otamendi, who are retiring from the national team at 36 years old. 

July 15, 2024 0 comments
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Headlines

Coalition Of CSOs Pass Vote Of Confidence On Tuggar, Lampoons Faceless CSO On Zero Knowledge Of Diplomatic Processes

by Leading Reporters July 15, 2024
written by Leading Reporters

International Relations and Affairs Alliance IRAA, a coalition of international relations practitioners based in Lagos, Nigeria, led by Mrs Adewusi Bakare, has lampooned a faceless group for a lack of zero knowledge about diplomatic processes. The statement by the Coalition of Civil Society Groups and signed by Comrade Igwe Ude-Umanta erroneously pointed accusing fingers at Ambassador Yusuf Maitama Tuggar for recalling ambassadors and not appointing new ones. Ude-Umanta should note that Ambassadors serve at the prerogative of the President of a Country and not the Minister of Foreign Affairs. Their recall and appointment lie solely with President Bola Ahmed Tinubu. The group has shown zero knowledge of the process and serving the bidding of their paymasters.

Regarding Ambassador Lamuwa’s alleged sexual excesses, if the faceless group had followed the events, they would have discovered that Amb Tuggar was the first to draw the attention of the Head of Service to the matter and asked that she take charge according to the extant rules of the civil service. However, the group has mischievously left that out and is now turning it against the Honorable Minister. In this matter, the minister has acted above board to ensure that due process was followed.

Tuggar has led the process of the signing of 25 International MoUs that will, in turn, be highly beneficial to Nigeria across energy, business and investment sectors, has revived several bi-national commissions, finalisation the Basa agreement with the US, vigorous campaign of Nigeria in the inclusion of G20, United Nations Security Council and BRICS. Most importantly, a 14 billion USD investment from Indian investors across ICT, Power, steel and manufacturing, agriculture and defence, real estate and hospitality. Other investments attracted to Nigeria through Tuggar’s economic diplomacy include a 2 billion USD Investment from Germany for the Nigeria-Siemens Power Project and a 250 million Euros investment from the Netherlands to boost existing business in Nigeria.

International Relations and Affairs Alliance IRAA has warned interest groups to desist from tarnishing Nigeria’s image by writing outright fabrications to fight proxy wars on behalf of politicians seeking ambassadorial appointments, disgruntled foreign service officers and the disgraced and suspended Ambassador Adamu Lamuwa.

IRAA has said Tuggar’s Multipolarity approach to International Relations, which dealt mainly with Nigeria’s interests while relating to the US, EU, Russia, and China, was the best deal Nigeria could have now. It shows someone who is abreast of global diplomacy and must be supported to succeed in Nigeria’s interest.

July 15, 2024 0 comments
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General

by Leading Reporters April 22, 2024
written by Leading Reporters
April 22, 2024 0 comments
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Video: How Gov Ikpeazu's Paid Out N107.2 Billion to Contractors for Non-Existent Airport and Other Projects Leading Reporters
Headlines

Video: How Gov Ikpeazu’s Paid Out N107.2 Billion to Contractors for Non-Existent Airport and Other Projects

by Leading Reporters April 21, 2024
written by Leading Reporters

Abia State Governor, Okezie Ikpeazu, is under scrutiny for reportedly disbursing a staggering sum of N107.2 billion to contractors for projects that either do not exist or remain incomplete. This revelation has sparked widespread concern and calls for accountability within the state government.

READ ALSO: Exposed: How Gov. Ikpeazu allies emptied Abia Excess Crude Account:  Ararume, Enyinnaya, Dike, Chuku Wachuku, T.A. Orji , others fingered

A forensic audit conducted by an audit firm has revealed how the immediate past government of Abia State approved funds to contractors for the construction of non-existent state-owned Airport and other infrastructure.


The Abia State Governor, Dr Alex Otti made the revelation during a presentation at the Johns Hopkins University School of Advanced International Studies, Washington DC, United States.


He spoke on the theme, ‘Dynamics of State Governance, Economic Transition and the Challenges of Seeking to Establish a New Order Amidst Multiple Constraints and Pushbacks.’


Otti said it is difficult to admit how some Nigerian leaders contest elections for reasons shrouded in corruption.

The governor who took over from Okezie Ikpeazu in 2023 explained that some politicians have abused the privilege of governance thereby impoverishing their states.


Otti explained how he engaged one of the top audit firms to examine the state accounts, adding that the auditor uncovered several deals that are shrouded in corruption.


He said, “Talking about corruption, I set up a forensic audit as soon as I took over last year in Abia so that there won’t be any argument, I called in one of the top three audit firms in the world, and not too long ago, they sent in their report and some of the things in the report are frightening.

April 21, 2024 0 comments
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Headlines

Debt profile: El-Rufai’s son tackles Uba Sani – ‘You’re incompetent’

by Leading Reporters April 1, 2024
written by Leading Reporters

Bashir El-Rufai, son of former Governor Nasir El-Rufai of Kaduna has tackled Governor Uba Sani for saying his father plunged the State into debt.

Recall that Governor Sani had on Saturday said the El-Rufai administration left a huge debt burden of $587 million, N85 billion, and 115 contractual liabilities for the state.

According to governor, the state was now finding it difficult to pay salaries as a result of the debt which is being removed from the Federal Account Allocation Committee (FAAC).

Sani said, “Despite the huge debt burden of $587 million, N85 billion, and 115 contractual liabilities sadly inherited from the previous administration, we remain resolute in steering Kaduna State towards progress and sustainable development.

“We have conducted a thorough assessment of our situation and are sharpening our focus accordingly. It gladdens my heart to inform you that despite the huge inherited debt of the state, till date, we have not borrowed a single kobo.”

Reacting to Governor Sani, Bashir tackled the governor saying he was looking for a cheap excuse for his incompetence.

Bashir stated this in a post via his X handle on Saturday.

The El-Rufai said, “These guys have realised that they are wholly incompetent and the only way to mask the nonsense is to deflect. From a Governor that is always sleeping in Abuja to a litany of incompetent aides that were only rewarded for foolish political reasons.

“One would think that from all the FAAC allocations these unserious clowns have changed to dollars, debt would be the least of their problems,” he said.

April 1, 2024 0 comments
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Headlines

NITDA: Scammers Using QR Codes to Lure Victims

by Leading Reporters April 1, 2024
written by Leading Reporters

The National Information Technology Development Agency (NITDA) has advised Nigerians to be wary of scanning QR codes from unfamiliar sources, as they could be used for identity theft and illicit transactions by scammers.

It disclosed this information on Saturday via its official handle on X, a social media platform. A QR code is a type of barcode that stores information and can be read by a digital device. It also grants quick access to information and actions.

Fraudulent Use Of QR Codes In Scams⚠️

QR codes, while fast and convenient for quick access to information and actions, have unfortunately become a tool exploited by scammers for fraudulent activities. These activities take various forms and are designed to lure unsuspecting… pic.twitter.com/K2BCSrgFUr

— NITDA Nigeria (@NITDANigeria) March 30, 2024

According to NITDA, these codes can be exploited by malicious actors to deceive and lure unsuspecting users into scanning them and to perpetrate fraudulent activities.

ALSO READ: Busted: How Cynotrust Intelligent Systems Ltd: A company linked to NITDA DG received N264m into its UBA account In one swoop

NITDA wrote:

“QR codes can be exploited by malicious actors to deceive unsuspecting users and perpetrate fraudulent activities. Scammers utilize QR codes in various ways to achieve their nefarious goals, including:

  • Phishing scams: Phishing scammers can generate QR codes that point to malicious applications or phishing websites. Users scan these codes thinking they are genuine and end up having their information stolen.
  • Payment fraud: Scammers can create QR codes that start illicit transactions or reroute payments to their accounts, rather than to the intended recipients.
  • Data theft: Threat actors may embed malicious payloads like malware or data-stealing scripts within QR codes. By exploiting security vulnerabilities in users’ devices, they can steal private documents, financial information, and passwords among other sensitive data.
  • Identity theft: Users personal information, including names, addresses and contact details can be collected using QR codes inserted in fake advertisements or online surveys. The information can then be exploited for identity theft or other targeted frauds.“

It also listed some measures that can be used to prevent falling victim to QR code scams.

According to NITDA, some of these measures are: verifying the legitimacy of QR codes and associated links before scanning them, updating devices with the latest antivirus software and security patches regularly and using reputable QR code scanning mobile applications with built-in security features.

April 1, 2024 0 comments
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Headlines

Karma: Gov Uba Sani decries effect of debt burden he facilitated for El-Rufai

by Leading Reporters April 1, 2024
written by Leading Reporters

Uba Sani, Governor of Kaduna State, has decried the amount of local and foreign debt Nasir El-Rufai, his predecessor, accrued for the state.

During a town hall meeting at the late Umaru Musa Yar’Adua Hall, Kaduna, on Saturday, Sani revealed his administration inherited a total of $587 million, N85 billion and 115 contract liabilities.

He said these commitments meant the government spent N7 billion of its N10 billion federal allocation on debt servicing and would be unable to pay salaries, which stood at about N5.2 billion.

These comments drew criticism from netizens, who perceived them as an attack on El-Rufai. Bashir, the former governor’s son, took to social media to mock Sani and his aides, claiming they were incompetent.

We now learnt that, as part of the ninth Senate, Sani was instrumental in securing a $350 million loan for the El-Rufai administration after three senators from Kaduna opposed the request in the eighth Senate.

‘HOLD ME RESPONSIBLE, SANI TOLD SENATE

Between 2019 and 2023, Sani represented Kaduna Central in the Senate, but before him, there was Shehu Sani.

Shehu Sani expressed disapproval of El-Rufai’s loan request, and his position was shared by Suleiman Hunkuyi (Kaduna North) and Danjuma La’ah (Kaduna South).

Shehu’s argument was that another loan would erode the economic viability of the state, which already had huge debt burdens to fund.

When the All Progressives Congress (APC) replaced Shehu with Uba on the 2019 ballots, it was the positive El-Rufai needed.

In March 2020, Shehu was no longer in the Senate, and Uba was chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions. The loan request topic came up for debate again, and Uba swore it was critical the state got it at the time and even asked that the nation hold him responsible if the then governor failed to utilise the loan of about $350 million properly.

“They were wrong in their assertion,” Uba said of the Kaduna senators who opposed borrowing. “Having checked the laws, the accounts and the performance of the Kaduna State Government, the World Bank was convinced that Kaduna State merited its support.

“Equally important is the integrity of the Governor of Kaduna State. While considering the request for the loan, the relevant committees in both chambers of the National Assembly factored in the unassailable integrity of Governor Nasir El Rufai to approve the loan request.”

Four years after, Uba has now complained of the economic viability of the state, as 70 percent of its allocation has gone into debt servicing while workers are yet unpaid.

April 1, 2024 0 comments
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Heartless Billionaires: How Dangote Rice, Floormill Nig., Bua Rice, Golden Agri Inputs, Wacot, others pocketed N5.7b meant for IDPs in North-East Leading Reporters
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Heartless Billionaires: How Dangote Rice, Bua Rice, Golden Agri Inputs Ltd, Wacot Ltd, others pocketed N5.7b meant for IDPs in North-East

by Leading Reporters February 21, 2024
written by Leading Reporters

The least may not have been heard about how “Aso Rock” used the erstwhile Central Bank Governor, Godwin Emiefele to soothe the untamed financial appetite of Dangote, Bua, and those linked to the powers that be within the corridors of power. 

This follows a new revelation on how the then Acting President, Prof. Yemi Osibanjo, through former Minister of Finance Kemi Adeosun ordered the erstwhile Governor of the Central Bank, Godwin Emiefele to release the sum of N5,865,671,389.29 to Dangote, Floormill Nigeria, Bua Group, Golden Agri Input, and Wacot Limited under the guise of providing food to the internally displaced persons IDPs within the North-East Region.

According to a letter from the then Minister of Finance, Kemi Adeosun addressed to Godwin Emiefele dated 2nd June,2017, with Ref. No. HMF/FMF/CBN/FOOD/1/2017, directing him to release the said fund to the following beneficiaries: (1) Dangote Rice Ltd, Zenith Bank Account No 1014006586.  Amount:  N936,196,800 (2) Golden Agri Inputs Limited, GTbank Account No. 0198931211.  Amount:  N1,384,554,236.26.  (3) Bua Rice Ltd, Sterling Bank Account No 0062487976.  Amount N1,322,273,520. WACCOT Limited on the other hand received the sum of N453,674,296 and N939,946,081 into her First Bank Account No 2006409434 and Zenith Bank Account No 1010592718 respectively.

Recall that Godwin Emiefele has been under investigation for his reckless mismanagement of national funds when he held sway as the Governor of Nigeria’s Central Bank. 

His tenure as the CBN governor was characterised by the diversion of funds through cronies, especially the political associates of former President Muhammadu Buhari and others on the good books of President Muhammadu Buhari.

Many believe that the reckless mismanagement of the economy and finances led to the current economic depression that Nigerians are facing.

To ensure that some of these diverted funds are returned to the national treasury, President Ahmed Bola Tinubu hired a private investigator, Jim Obazee to dig up the whereabouts of funds looted from the national treasury.

February 21, 2024 0 comments
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FHA: Gets New CEO In Tinubu’s Son-In-law, Oyetunde Oladimeji Ojo Leading Reporters
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FHA: Gets New CEO In Tinubu’s Son-In-law, Oyetunde Oladimeji Ojo

by Leading Reporters February 16, 2024
written by Leading Reporters

Bola Tinubu has given the green light for the appointment of Oyetunde Oladimeji Ojo, his son-in-law, as the Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA)

Ojo, a former member of the House of Representatives, is the spouse of Folasade Tinubu-Ojo, the president’s daughter.

According to a statement by Ajuri Ngelale, the presidential spokesperson, Tinubu has also designated Mathias Terwase Byuan as the Executive Director (Housing Finance & Accounts); Umar Dankane Abdullahi as Executive Director (Business Development); Oluremi Omowaiye as Executive Director (Project Implementation); and Ezekiel Nya-Etok as Executive Director (Business Development and Portfolios) to join the management team of FHA.

Ngelale further revealed that the president has appointed Shehu Usman Osidi as the CEO of the Federal Mortgage Bank of Nigeria (FMBN).

Additional appointments to the FMBN management team include Ibidapo Odojukan as Executive Director (Finance and Corporate Services), Muhammad Sani Abdu as Executive Director (Loans and Mortgage Services), and Chinenye Anosike as Executive Director (Business Development and Portfolios).

In a comprehensive move to reposition the national housing and urban development sector, President Tinubu has approved the restructuring of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development.

The statement outlined the new leadership for FMBN and FHA, emphasizing the qualifications and experience of the appointed individuals. Shehu Usman Osidi, the new FMBN CEO, boasts over 30 years of experience in banking, including 13 years in mortgage banking, with academic credentials from prestigious institutions such as Harvard University’s Kennedy School of Government and the University of Pennsylvania’s Wharton School of Housing Finance.

Oyetunde Ojo, the new CEO of FHA, is highlighted as a former Member of the House of Representatives with over a decade of experience in the housing and hospitality industries. He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.

President Tinubu’s ambitious plans for the housing sector, including the establishment of Building Materials Hubs, a National Social Housing Fund, and land reforms, are expected to be spearheaded by the newly appointed executives. The president anticipates their swift action in delivering affordable housing to millions of Nigerians and creating numerous job opportunities for the country’s youth.

February 16, 2024 0 comments
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