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’s Attorney-General and Minister of Justice, Abubakar Malami, has dismissed United States’ reported opposition to alleged plan by the Muhammadu government to hand $100million to Kebbi , Atiku Bagudu, from recovered Sani Abacha loot

Malami, through Umar Jibrilu Gwandu, his Special Assistant on Public Relations, called the news widely published by the Nigerian media as false.

“The story regarding paying a Governor certain amount of the repartraited Abacha loot is unfounded and baseless.

“It is only a fiction and figment of imagination of mischief makers who are bent on destroying the good efforts of the Federal Government.

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“The should be disregarded by any sensible and well-meaning persons”, Gwandu said in a statement Friday night.
Bloomberg had reported that there was a commitment by Nigeria to transfer funds to Bagudu after the repatriation of over $308million.

The U.S. Department of Justice (DoJ) stated that Bagudu was part of Abacha that, “embezzled, misappropriated and extorted billions from the government of Nigeria.”

The U.S. is also seeking to seize some assets linked to the chairman of the All Progressives (APC) Governors Forum.

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The world power, following a Nigerian government request in 2012, initiated a forfeiture action, including portfolios held in London in trust for the Kebbi helmsman.

In about two decades, Nigeria has been able to recover more than $2billion out of the $5billion Transparency International estimated Abacha stole.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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EFCC: Ibrahim Magu opens up on ‘N550b missing interest’

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Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, has denied the claim that he failed to account for the interest in the N550 billion recovered fund kept in the Central Bank of , CBN, custody.

Recall that the Final of Presidential Committee on Audit of Recovered Assets, PCARA, surfaced at the weekend showing how interest rates accruing from N550 billion recovered by the anti-graft agency in the period from May, 2015, to May 2020.

The report said the EFCC, “Failure to report on the interest on actual lodgments clearly establishes that interest element of over N550 billion has been re-looted relating to the period under review.”

But in a statement by his lawyer Wahab Shittu on Sunday, Magu said such recovered fund kept with the CBN do not generate interest.

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The statement added, “It is falsehood that Magu placed N550 billion recovered loot into a deposit account.

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“This can also be confirmed from other government revenue generating agencies. Funds kept in TSA account do not generate interest.”

Recall that Muhammadu had on Friday suspended Magu as the acting chairman of the EFCC.

The agency’s Director of Operations, Mohammed Umar, has taken charge and now oversees the activities of the Commission pending the conclusion of the ongoing investigation into Magu’s case.

Magu, on Friday wrote the Inspector-General of Police, Mohammed Adamu, asking to be released on bail.

In a letter dated July 10, 2020, Magu’s legal representative, Oluwatosin Ojaomo, asked Adamu to grant bail to his client on “self recognizance.”

The acting EFCC Chairman was arrested on Monday and taken to the presidential Villa in Abuja, where he is being interrogated by a panel headed by Ayo Salami, a retired president of the Appeal Court.

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World risks another virus like COVID-19 – UN

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The United Nations Office on Drug and Crime (UNODC) says that the world risks another virus of the magnitude of COVID-19.

The UN warned that this could happen if the trafficking, sales and consumption of wildlife are not stopped.

UNODC, in a statement, said the World Wildlife Crime 2020 revealed that zoonotic diseases represented 75 percent of all emerging infections globally.

Diseases like SARS-CoV-2 that caused COVID-19 pandemic have already been linked to wildlife with pangolins top on the suspected list.

UNODC noted that the coronavirus pandemic “has shown that wildlife crime is a threat not only to the environment and biodiversity, but also to human health”.

It said when wild animals are poached from their natural habitat, butchered and sold illegally, the potential for transmission of zoonotic diseases is increased.

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UNODC added that pangolins, which were identified as a potential source of coronavirus, were the most trafficked wild mammals in the world.

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The body decried that played a significant role in the trafficking and sales of pangolins with at least 51 tonnes of pangolin scales seized in 2019, from just two tonnes in 2015.

UNODC disclosed that in the last 20 years, it made 180,000 seizures from 149 countries and territories.

Executive Director, Ghada Waly, stressed that if wildlife crimes were not stopped, they would heighten the risk of a future public health emergency.

He said stopping the trafficking in wildlife species was a critical step not just to protect biodiversity and the rule of law, but to help prevent future public health emergencies.

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“To protect people and the planet in line with the Sustainable Development Goals, and to build back better from the COVID-19 crisis, we cannot afford to ignore wildlife crime”, the official appealed.

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