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BusinessRe: Elon Musk Is Again The World’s Richest Person After Spacex Round by Johnnyessence(op): 1:56pm On Feb 19, 2021
cc mynd44 cc lalasticlala cc seun cc Dominique cc OAM4J cc fynestboi
BusinessRe: Elon Musk Is Again The World’s Richest Person After Spacex Round by Johnnyessence(op): 1:54pm On Feb 19, 2021
Bezos is a retailer, Musk is an innovator. Wow, I wonder who matters. I love elon musk innovative ideas. really ideas rule the world.
BusinessRe: Elon Musk Is Again The World’s Richest Person After Spacex Round by Johnnyessence(op): 1:50pm On Feb 19, 2021
wow elon musk is back to the richest man in the world again. I just love him more for his huge investment in bitcoin.
BusinessElon Musk Is Again The World’s Richest Person After Spacex Round by Johnnyessence(op): 1:49pm On Feb 19, 2021
Elon Musk is back on top.

The Tesla Inc. chief executive officer’s wealth rose to $199.9 billion after the rocket company he founded completed another funding round, vaulting him atop the Bloomberg Billionaires Index for the second time this year.

Tesla Inc. trimmed prices for its cheapest Model 3 and Model Y while raising prices for the Performance versions, according to the electric carmaker’s website.

The Model 3 Standard Range Plus is now 2.6% cheaper at $36,990 in the U.S. The price of the Model Y Standard Range was cut by 4.8% to $39,990.

North America’s first Bitcoin ETF got off to a stellar start in its debut, with investors exchanging $165 million worth of shares.

After a relentless surge in the world’s largest digital currency, the first Bitcoin productthat’s officially labeled an exchange-traded fund debuted Thursday in Toronto. It’s worth noting, though, that Europe has several crypto-tracking products that function like an ETF. The new fund, called Purpose Bitcoin ETF (ticker BTCC), invests directly in “physical/digital Bitcoin,” issuer Purpose Investments Inc. said in a statement.

https://www.bloomberg.com/news/articles/2021-02-18/jeffrey-gundlach-says-bitcoin-may-be-a-better-bet-than-gold

PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 11:18pm On Feb 17, 2021
wellmax:
He was arrested, he was probed, all noise,
was he charged and found guilty?

Cousin ko, nephew ni....
he was found guilty. we will soon know how he embezzled the treasury.
PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 11:17pm On Feb 17, 2021
wellmax:
Oga shey na you declare am guilty abi
keep on supporting corruption. we will soon know how he embezzled the treasury.
PoliticsRe: Wto's New Chief Okonjo Iweala Says Vaccine Protectionism Must Be Avoided by Johnnyessence(op): 8:58am On Feb 17, 2021
Amotolongbo:
She is no more in the position to talk about that again.
nope she will surely talk about cos' her office controls trades, monetary investment in the world. so she will talk more about it. besides she's not against digital currency.
PoliticsRe: Wto's New Chief Okonjo Iweala Says Vaccine Protectionism Must Be Avoided by Johnnyessence(op): 8:56am On Feb 17, 2021
muykem:
Crypto currency is not also approved in international trade.
nope it has been approved internationally. it depends on the countries that want to invest on it.
PoliticsRe: Wto's New Chief Okonjo Iweala Says Vaccine Protectionism Must Be Avoided by Johnnyessence(op): 7:18am On Feb 17, 2021
NOI is speaking the fact here. I want her to talk more on CBN ban on bitcoin in Nigeria.
PoliticsWto's New Chief Okonjo Iweala Says Vaccine Protectionism Must Be Avoided by Johnnyessence(op): 7:17am On Feb 17, 2021
The World Trade Organzation’s (WTO) new chief warned that vaccine protectionism, "a phenomenon where rich countries are vaccinating their populations and poor countries have to wait," must be avoided if global recovery from the pandemic is to be achieved.

Several countries have tried to stop the export of vaccines. The EU, for instance, had threatened to withhold vaccine exports until it has its share.

The UK’s health minister Matt Hancock has also in the past said rejecting vaccine nationalism and protectionism was crucial.

Ngozi Okonjo-Iweala, the first woman and the first African to be chosen as director-general of the organisation, also told the BBC: "The nature of the pandemic and the mutation of many variants makes this such that no one country can feel safe until every country has taken precautions to vaccinate its population.”

She chaired the global vaccine alliance, GAVI, which aims to increase access to immunisation in poor countries.

Regarding the debate about easing WTO rules on intellectual property so that more drug manufacturers can make the vaccines, Okonjo-Iweala said “some developing countries are asking for waivers, developed countries feel that this might impinge on intellectual property."

She suggested a way around this could be to “licence manufacturing to countries so that you can have adequate supplies while still making sure that intellectual property issues are taken care of."

One example of this is Oxford University/AstraZeneca (AZN.L) vaccine, which has been licensed to the Serum Institute of India.

READ MORE: UK 'needs £60bn tax hikes' to plug black hole left by COVID-19

In December the WTO failed to agree on a proposal to exempt COVID-19 vaccines from intellectual property rights, an idea that was opposed by pharma giants.

The proposal had aimed to facilitate more knowledge-sharing and the rapid scale-up of production sites for urgent COVID-19 medical goods, including vaccines.

Earlier this week, in a WTO statement about her appointment, Okonjo-Iweala said a key priority for her would be to work with members to quickly address the economic and health consequences brought about by the COVID-19 pandemic.

She said a “strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic. I look forward to working with members to shape and implement the policy responses we need to get the global economy going again.”

The statement explained that her appointment follows months of uncertainty which arose when the US initially refused to join the consensus around Okonjo-Iweala and instead supported South Korea’s trade minister, Yoo Myung-hee.

But following Yoo's decision to withdraw her candidacy, the administration of newly elected US President Joe Biden. dropped the objection.

READ MORE: 'On its knees' travel sector demands UK government plan for summer holidays

On the US-China trade war, Okonjo-Iweala said: "We can be very helpful to both the US and China to help bring them together to solve these problems."

The organisation has struggled to make an impact on this issue due to its lack of enforcement mechanisms.

https://finance.yahoo.com/news/wto-new-chief-says-vaccine-protectionism-ngozi-okonjo-iweala-coronavirus-084256335.html?guccounter=2

PoliticsRe: Marketers Raise Petrol Price To ₦170, Depots Suffer Shortage by Johnnyessence(m): 6:58am On Feb 17, 2021
chriskosherbal:
grin No matter the situation the God who has been providing for the common masses will continue to provide for them..
na everyone dey feel the pains ooo.
PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 7:28pm On Feb 16, 2021
frog12:
hahaha na lie? him and malami are the same?
yes, they both came from kebbi state.
PoliticsRe: Abdulrasheed Bawa Once Arrested For Theft Now Head Of Lagos EFCC Zonal Office by Johnnyessence(op): 12:48pm On Feb 16, 2021
Fahdiga:
Under this lifeless regime, abnormality is now the new normal. we have sunk deeper into the abyss
yes. Buhari is never fighting corruption in Nigeria. he's a clueless treasury looter and clueless nepotistic Fulani man.
PoliticsRe: See Profile Of New EFCC Chairman Abdulrasheed Bawa by Johnnyessence(m): 12:42pm On Feb 16, 2021
he's a clueless treasury looter.

PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 12:38pm On Feb 16, 2021
wellmax:
You haven't answered my question, was he ever convicted?

Arrests does not make anyone guilty
he's guilty of the crime. the end will surely justify the means. it's a matter of time.
PoliticsRe: Breaking: New EFCC Boss Was Once Arrested By Magu for Oil Theft by Johnnyessence(m): 12:37pm On Feb 16, 2021
SanusiGworo:
Thanks Johnny
you are welcome.
PoliticsRe: How Newly Appointed EFCC Boss Was Once Arrested For Theft by Johnnyessence(m): 12:36pm On Feb 16, 2021
the so called newly appointed efcc chairman is a clueless treasury looter too. Buhari is never fighting corruption in Nigeria. he's just a clueless fraudster, a deceiver and clueless nepotistic Fulani man.

PoliticsRe: Breaking: New EFCC Boss Was Once Arrested By Magu for Oil Theft by Johnnyessence(m): 12:33pm On Feb 16, 2021
the so called newly appointed efcc chairman is a clueless treasury looter too. Buhari is never fighting corruption in Nigeria. he's just a clueless fraudster, a deceiver and clueless nepotistic Fulani man.

PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 12:28pm On Feb 16, 2021
wellmax:
anybody can be arrested. Question now is, was he convicted, was he charged and found guilty?

Arrest alone does not make a person bad.
he's a clueless treasury looter. he was probed under Magi leadership. besides this man is AG malami cousin.

PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 12:25pm On Feb 16, 2021
Mars16:
Can you substantial this claim by you.
I hope you can see it clearly, he's a clueless treasury looter too.. Buhari is a clueless treasury looter and clueless nepotistic Fulani man. he can never change.

PoliticsRe: EFCC: Buhari Names Abdulrasheed Bawa To Replace Magu by Johnnyessence(m): 10:27am On Feb 16, 2021
the so called newly appointed efcc chairman is a clueless treasury looter too. Buhari is never fighting corruption in Nigeria. he's just a clueless fraudster, a deceiver and clueless nepotistic Fulani man.

PoliticsRe: President Buhari Requests Senate To Confirm Abdulrasheed Bawa As EFCC Boss by Johnnyessence(m): 10:25am On Feb 16, 2021
the so called newly appointed efcc chairman is a clueless treasury looter too.

PoliticsRe: Abdulrasheed Bawa Once Arrested For Theft Now Head Of Lagos EFCC Zonal Office by Johnnyessence(op): 10:23am On Feb 16, 2021
Buhari is never fighting corruption in Nigeria. he's just a clueless deceiver not only that , he's a clueless nepotistic Fulani man.
PoliticsAbdulrasheed Bawa Once Arrested For Theft Now Head Of Lagos EFCC Zonal Office by Johnnyessence(op): 10:22am On Feb 16, 2021
The management board of the EFCC confirmed a controversial senior detective to a prestigious appointment despite a slate of unsettled corruption allegations and a cacophony of colleagues who cried foul over the potential damage the agency could suffer if it continues to reward questionable conduct within its ranks.



The anti-graft office asked Abdulrasheed Bawa to lead its field office in Lagos with effect from August 8, despite an active probe of his alleged theft of confiscated proceeds of ill-gotten loot at his previous appointment in Port-Harcourt, multiple sources briefed on the matter told Peoples Gazette.

Mr. Bawa was in-charge of the Port-Harcourt zonal office last year when dozens of petrol-bearing trucks that were confiscated from suspected looters were abruptly auctioned off to his proxies at “ridiculous prices,” sources said.

Three of his junior colleagues who were alarmed by the sheer mismanagement of priced public assets and other suspicious acts of Mr. Bawa’s took immediate steps to curb his excesses by filing anonymous complaints to the headquarters in Abuja, the Gazette understands.

He was subsequently arrested and detained for several days in Port-Harcourt before Ibrahim Magu, erstwhile head of the agency, ordered his transfer to the agency’s training school in Abuja pending conclusion of investigation.

The months-long investigation into Mr Bawa’s alleged corruption and a jarring crackdown on Mr Magu and other ex-senior officials of the EFCC were yet to be concluded when he was tapped for the top job in Lagos, a development that underscores how arbitrary power, unmoored to a transparent standard, can propel individual careers in a frightening miscarriage of justice.

“The government said Magu and others were arrested and flushed out to save the EFCC from institutional damage,” an official said. “But how can you secure people’s confidence if you only trade one crooked officer for another?”

Five anti-graft officials who spoke with the Gazette for this story wished to remain anonymous, citing their active engagement status and a lack of clearance to speak to journalists on a matter that was still under investigation. The Gazette agreed not to identify them in accordance with its policy on anonymous sources.

‘Loot re-looted’

Mr. Bawa was accused of selling at least 244 trucks worth between N20-30 million each to his proxies at N100,000, or slightly more, per unit.

A proxy sold one of the tankers to a businessman in Ibadan for N14.8 million, officials said, lamenting that the businessman has been evading invitation and the agency is reluctant to declare him wanted in order not to draw public attention to the investigation.

Officials said Mr. Bawa’s handling of the trucks had deprived the Nigerian people of at least N4.88 billion in potential loot recovery.

“If you take a conservative approach and multiply the trucks by N20 million each, even though some were far above that price, you will arrive at N4.88 billion for the 244 trucks he sold out,” a senior EFCC official said. “So Bawa is being compensated for ensuring that nearly N5 billion did not go into the public treasury.”

READ  Police Officer Kills His Colleague In Abuja, Commits Suicide After Arguing Over #EndSARS Protest

EFCC’s overhead for 2019 was N3.6 billion, which was also enough to cover its staff strength of 4,962, officials said.

Procedurally, recovered cash and assets are returned to the public coffers upon conclusion of forfeiture proceedings in court. While some of the 244 trucks have been declared as proceeds of corruption by the Federal High Court, the Gazette learnt that forfeiture proceedings on most of them have yet to be concluded before Mr. Bawa sold them off.

For nearly tw

Name dropped

Mr. Bawa, a deputy chief detective superintendent, was first confronted by Ola Olukoyede, then EFCC secretary, about the whereabouts of petrol tankers that were under forfeiture by Port-Harcourt zonal office in late 2019, multiple sources, including one official who was present, told the Gazette.

For nearly two weeks, Mr. Bawa declined multiple requests for comment from the Gazette for this story.

Wilson Uwujaren, chief spokesman for the EFCC, said he could not provide information on the status of the probe and the decision of moving a subject of an active investigation to Lagos.

“Since the issues of assets are already before the presidential panel, for now we cannot comment on those things,” Mr. Uwujaren told the Gazette on Thursday afternoon.

But in January, Mr. Uwujaren defended Mr. Bawa’s action publicly, saying there was no wrongdoing in the sale of the trucks. Nonetheless, he said in the same statement that a probe had been ordered into the suspicious auction.

Name dropped

Mr. Bawa, a deputy chief detective superintendent, was first confronted by Ola Olukoyede, then EFCC secretary, about the whereabouts of petrol tankers that were under forfeiture by Port-Harcourt zonal office in late 2019, multiple sources, including one official who was present, told the Gazette.

Mr. Olukoyede had received complaints that Mr. Bawa was tampering with seized assets that were still undergoing forfeiture proceedings in court. It is illegal to take possession of a citizen’s assets without a due process, which involves getting a federal judge to declare such assets as proceeds of public loot.

“He was asked to explain what happened to over 240 trucks that the zonal office was trying to secure their forfeitures,” a source said. “But he was unable to explain.”

The source said Mr. Bawa initially told Mr. Olukoyede that he got the directives to sell the trucks from Mr. Magu, but he declined to write that claim in his statement.

“It turned out that he was just dropping names, or he was trying to protect Magu,” a source said. “He refused to write it in his statement that it was Magu who sent him.”

The source said Mr. Olukoyede immediately called Mr. Magu, who was away on an official trip at the time, with details of what transpired in Port-Harcourt. After concluding his findings, Mr. Olukoyede returned to Abuja, expecting Mr. Magu to take action upon his return from the trip.

Mr Olukoyede, who has since been suspended from office as part of the raging presidential probe, declined comments for this story.

READ  Police Constable Arrested In Kano For Sexually Exploiting Underage Girls

When he returned, Mr. Magu made an urgent trip to Port-Harcourt, and Mr. Bawa was removed as the zonal head the next day.

“He was ordered to be detained in Port-Harcourt for several days,” another source familiar with the matter said. “He was then asked to report at the training school in Abuja, which we thought would be the end of his career.”

Mr. Magu did not return a request for comment. But in its January statement, the EFCC said Mr. Magu did not benefit from the controversial sale of the trucks, but instead allowed a transparent process to play out.

‘Unmerited and highly political’

Anti-graft detectives, mostly deputy chief detective superintendents, said they thought posting Mr. Bawa to the training school, known as ‘Siberia’ amongst personnel, would take him out of circulation.

They were, however, “disappointed” when a posting circular on August 8 said he had been transferred to Lagos.

“We saw him on the list as the new head of Lagos office, and everyone revolted,” the source said. “But our revolt was a quiet one.”

As a member of the elite ‘Course 1’, EFCC’s first set of cadets now mostly at grade-level 13, Mr. Bawa has flaunted his association with Mr Magu, and once acclaimed himself ‘anointed leader’ of the so-call ‘Magu Boys’, sources said.

Mr. Magu led the EFCC from November 2015 until his disgraceful ouster on July 7. He was accused of grossly enriching himself while arresting and prosecuting other Nigerians for graft.

Although a government panel that was raised to hear the charges has yet to return its recommendations, Mr. Magu strongly denied all corruption and abuse of power allegations and asked his lawyers to file court processes aimed at clearing his name.

Still, serving EFCC officials who believe Mr. Magu deserved his inglorious exit said his collaborators within the anti-graft office should have equally suffered a similar fate.

But rather than being affected by his ties to Mr. Magu, Mr. Bawa has instead been propelled to the very job he had deemed beyond reach, his colleagues said.

“He was a don of Magu Boys,” one of his colleagues said. “But he thought his career had finished when he was caught in Port-Harcourt, detained for days and later transferred to the EFCC training school in Karu.”

The EFCC’s zonal office in Lagos is seen as the agency’s main hub of operations, earning a long-standing dread as the nemesis of advanced-fee crooks, corporate racketeers, money launderers and other economic criminals in the commercial capital.

Mr. Bawa’s elevation as the head of Lagos zone, ‘de-facto vice-chairman’ as officers described it to the Gazette, stemmed from his foamy political ties than fortitude, sources said.

Despite being a close associate of Mr. Magu’s, Mr. Bawa managed to maintain a working relationship with Abubakar Malami, Nigeria’s controversial attorney-general who spent years waging supremacy war against the former head of EFCC, according to two EFCC officials familiar with his dealings.

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“He was friends with both enemies,” an official said. “It is now clear that his transfer to Lagos is unmerited and highly political.”

Mr. Malami, himself a subject of multiple corruption claims he has denied, finally realised his plans to remove Mr. Magu from office after years of confrontation. He has since taken over the activities of the anti-graft agency and is believed to be behind a slate of policy changes aimed at undoing Mr. Magu’s legacy.

Both Mr. Malami and a spokesperson for his office did not return requests seeking comments about the attorney-general’s relationship with Mr. Bawa.

‘Joke of the year’

The EFCC has been Nigeria’s most prominent bulwark against endemic corruption since it was introduced by President Olusegun Obasanjo in 2003.

Since inauguration, its successive heads have been dogged by the spectre of being disgraced out of office, often on allegations of corruption they were detailed to combat.

From Nuhu Ribadu and Farida Waziri to Ibrahim Lamorde and Mr. Magu, every leadership has been mired in controversies. Shortly before his removal from office in 2015, the Nigerian Senate said Mr. Lamorde had mismanaged over $5 billion in public funds. He denied the allegations as a smear campaign.

Fatima Ibrahim, an anti-corruption activist, said the EFCC cannot be taken seriously if its leadership cannot stay above temptation.

“It is now very important that they focus on fighting corruption within their ranks,” Ms. Ibrahim said, decrying Mr. Bawa’s appointment as “an insult to Nigerians.”

“They have promoted someone who has been under investigation for corrupt practices to lead an anti-corruption drive,” Ms. Ibrahim said. “This would be the joke of the year but for its serious ramifications for the country.”

Muhammadu Buhari became Nigeria’s president in 2015 on the back of a promise to check corruption, but his government has continued to wither from one corruption scandal to another.

Other than Messrs. Malami, Magu and Bawa, Mr. Buhari’s top administration secretary, Babachir Lawal, was disgraced out of office in October 2017 after being exposed for stealing funds earmarked for displaced victims of Boko Haram.

Mr. Lawal’s dismissal came months after Mr. Buhari had spent months exonerating the then-secretary to the government against federal lawmakers who wanted him fired and prosecuted for the theft, later widely dubbed as the grass-cutting scandal.

“For a government that keep repeating its unproven bona fides on corruption, there have been too many corruption scandals under this government for anyone to take it seriously,” Ms. Ibrahim said.

Senior aides regularly dismiss criticism that Mr. Buhari’s anti-corruption strategy is a ruse, saying the president does not hesitate to remove, and sometimes recommend for prosecution, any official found with tangible claims of theft or abuse of power.

It was not immediately clear whether or not the presidential panel probing alleged corruption and abuses at the EFCC was aware of Mr. Bawa’s ongoing probe. A spokesperson for the panel did not return a request seeking comments.

Source:- Peoplesgazette

https://www.naijamediamp3.com.ng/abdulrasheed-bawa-once-arrested-for-theft-now-head-of-lagos-efcc-zonal-office/?fbclid=IwAR1b15N1xYymikl7znraqq1nQLzaARHsmzXPXCf6inVyrFAeTgKw-pQhCCM

PoliticsRe: Buhari Names 40-year-old Bawa New EFCC Boss by Johnnyessence(m): 10:19am On Feb 16, 2021
The management board of the EFCC confirmed a controversial senior detective to a prestigious appointment despite a slate of unsettled corruption allegations and a cacophony of colleagues who cried foul over the potential damage the agency could suffer if it continues to reward questionable conduct within its ranks.



The anti-graft office asked Abdulrasheed Bawa to lead its field office in Lagos with effect from August 8, despite an active probe of his alleged theft of confiscated proceeds of ill-gotten loot at his previous appointment in Port-Harcourt, multiple sources briefed on the matter told Peoples Gazette.

Mr. Bawa was in-charge of the Port-Harcourt zonal office last year when dozens of petrol-bearing trucks that were confiscated from suspected looters were abruptly auctioned off to his proxies at “ridiculous prices,” sources said.

Three of his junior colleagues who were alarmed by the sheer mismanagement of priced public assets and other suspicious acts of Mr. Bawa’s took immediate steps to curb his excesses by filing anonymous complaints to the headquarters in Abuja, the Gazette understands.

He was subsequently arrested and detained for several days in Port-Harcourt before Ibrahim Magu, erstwhile head of the agency, ordered his transfer to the agency’s training school in Abuja pending conclusion of investigation.

The months-long investigation into Mr Bawa’s alleged corruption and a jarring crackdown on Mr Magu and other ex-senior officials of the EFCC were yet to be concluded when he was tapped for the top job in Lagos, a development that underscores how arbitrary power, unmoored to a transparent standard, can propel individual careers in a frightening miscarriage of justice.

“The government said Magu and others were arrested and flushed out to save the EFCC from institutional damage,” an official said. “But how can you secure people’s confidence if you only trade one crooked officer for another?”

Five anti-graft officials who spoke with the Gazette for this story wished to remain anonymous, citing their active engagement status and a lack of clearance to speak to journalists on a matter that was still under investigation. The Gazette agreed not to identify them in accordance with its policy on anonymous sources.

‘Loot re-looted’

Mr. Bawa was accused of selling at least 244 trucks worth between N20-30 million each to his proxies at N100,000, or slightly more, per unit.

A proxy sold one of the tankers to a businessman in Ibadan for N14.8 million, officials said, lamenting that the businessman has been evading invitation and the agency is reluctant to declare him wanted in order not to draw public attention to the investigation.

Officials said Mr. Bawa’s handling of the trucks had deprived the Nigerian people of at least N4.88 billion in potential loot recovery.

“If you take a conservative approach and multiply the trucks by N20 million each, even though some were far above that price, you will arrive at N4.88 billion for the 244 trucks he sold out,” a senior EFCC official said. “So Bawa is being compensated for ensuring that nearly N5 billion did not go into the public treasury.”

READ  Police Officer Kills His Colleague In Abuja, Commits Suicide After Arguing Over #EndSARS Protest

EFCC’s overhead for 2019 was N3.6 billion, which was also enough to cover its staff strength of 4,962, officials said.

Procedurally, recovered cash and assets are returned to the public coffers upon conclusion of forfeiture proceedings in court. While some of the 244 trucks have been declared as proceeds of corruption by the Federal High Court, the Gazette learnt that forfeiture proceedings on most of them have yet to be concluded before Mr. Bawa sold them off.

For nearly tw

Name dropped

Mr. Bawa, a deputy chief detective superintendent, was first confronted by Ola Olukoyede, then EFCC secretary, about the whereabouts of petrol tankers that were under forfeiture by Port-Harcourt zonal office in late 2019, multiple sources, including one official who was present, told the Gazette.

For nearly two weeks, Mr. Bawa declined multiple requests for comment from the Gazette for this story.

Wilson Uwujaren, chief spokesman for the EFCC, said he could not provide information on the status of the probe and the decision of moving a subject of an active investigation to Lagos.

“Since the issues of assets are already before the presidential panel, for now we cannot comment on those things,” Mr. Uwujaren told the Gazette on Thursday afternoon.

But in January, Mr. Uwujaren defended Mr. Bawa’s action publicly, saying there was no wrongdoing in the sale of the trucks. Nonetheless, he said in the same statement that a probe had been ordered into the suspicious auction.

Name dropped

Mr. Bawa, a deputy chief detective superintendent, was first confronted by Ola Olukoyede, then EFCC secretary, about the whereabouts of petrol tankers that were under forfeiture by Port-Harcourt zonal office in late 2019, multiple sources, including one official who was present, told the Gazette.

Mr. Olukoyede had received complaints that Mr. Bawa was tampering with seized assets that were still undergoing forfeiture proceedings in court. It is illegal to take possession of a citizen’s assets without a due process, which involves getting a federal judge to declare such assets as proceeds of public loot.

“He was asked to explain what happened to over 240 trucks that the zonal office was trying to secure their forfeitures,” a source said. “But he was unable to explain.”

The source said Mr. Bawa initially told Mr. Olukoyede that he got the directives to sell the trucks from Mr. Magu, but he declined to write that claim in his statement.

“It turned out that he was just dropping names, or he was trying to protect Magu,” a source said. “He refused to write it in his statement that it was Magu who sent him.”

The source said Mr. Olukoyede immediately called Mr. Magu, who was away on an official trip at the time, with details of what transpired in Port-Harcourt. After concluding his findings, Mr. Olukoyede returned to Abuja, expecting Mr. Magu to take action upon his return from the trip.

Mr Olukoyede, who has since been suspended from office as part of the raging presidential probe, declined comments for this story.

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When he returned, Mr. Magu made an urgent trip to Port-Harcourt, and Mr. Bawa was removed as the zonal head the next day.

“He was ordered to be detained in Port-Harcourt for several days,” another source familiar with the matter said. “He was then asked to report at the training school in Abuja, which we thought would be the end of his career.”

Mr. Magu did not return a request for comment. But in its January statement, the EFCC said Mr. Magu did not benefit from the controversial sale of the trucks, but instead allowed a transparent process to play out.

‘Unmerited and highly political’

Anti-graft detectives, mostly deputy chief detective superintendents, said they thought posting Mr. Bawa to the training school, known as ‘Siberia’ amongst personnel, would take him out of circulation.

They were, however, “disappointed” when a posting circular on August 8 said he had been transferred to Lagos.

“We saw him on the list as the new head of Lagos office, and everyone revolted,” the source said. “But our revolt was a quiet one.”

As a member of the elite ‘Course 1’, EFCC’s first set of cadets now mostly at grade-level 13, Mr. Bawa has flaunted his association with Mr Magu, and once acclaimed himself ‘anointed leader’ of the so-call ‘Magu Boys’, sources said.

Mr. Magu led the EFCC from November 2015 until his disgraceful ouster on July 7. He was accused of grossly enriching himself while arresting and prosecuting other Nigerians for graft.

Although a government panel that was raised to hear the charges has yet to return its recommendations, Mr. Magu strongly denied all corruption and abuse of power allegations and asked his lawyers to file court processes aimed at clearing his name.

Still, serving EFCC officials who believe Mr. Magu deserved his inglorious exit said his collaborators within the anti-graft office should have equally suffered a similar fate.

But rather than being affected by his ties to Mr. Magu, Mr. Bawa has instead been propelled to the very job he had deemed beyond reach, his colleagues said.

“He was a don of Magu Boys,” one of his colleagues said. “But he thought his career had finished when he was caught in Port-Harcourt, detained for days and later transferred to the EFCC training school in Karu.”

The EFCC’s zonal office in Lagos is seen as the agency’s main hub of operations, earning a long-standing dread as the nemesis of advanced-fee crooks, corporate racketeers, money launderers and other economic criminals in the commercial capital.

Mr. Bawa’s elevation as the head of Lagos zone, ‘de-facto vice-chairman’ as officers described it to the Gazette, stemmed from his foamy political ties than fortitude, sources said.

Despite being a close associate of Mr. Magu’s, Mr. Bawa managed to maintain a working relationship with Abubakar Malami, Nigeria’s controversial attorney-general who spent years waging supremacy war against the former head of EFCC, according to two EFCC officials familiar with his dealings.

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“He was friends with both enemies,” an official said. “It is now clear that his transfer to Lagos is unmerited and highly political.”

Mr. Malami, himself a subject of multiple corruption claims he has denied, finally realised his plans to remove Mr. Magu from office after years of confrontation. He has since taken over the activities of the anti-graft agency and is believed to be behind a slate of policy changes aimed at undoing Mr. Magu’s legacy.

Both Mr. Malami and a spokesperson for his office did not return requests seeking comments about the attorney-general’s relationship with Mr. Bawa.

‘Joke of the year’

The EFCC has been Nigeria’s most prominent bulwark against endemic corruption since it was introduced by President Olusegun Obasanjo in 2003.

Since inauguration, its successive heads have been dogged by the spectre of being disgraced out of office, often on allegations of corruption they were detailed to combat.

From Nuhu Ribadu and Farida Waziri to Ibrahim Lamorde and Mr. Magu, every leadership has been mired in controversies. Shortly before his removal from office in 2015, the Nigerian Senate said Mr. Lamorde had mismanaged over $5 billion in public funds. He denied the allegations as a smear campaign.

Fatima Ibrahim, an anti-corruption activist, said the EFCC cannot be taken seriously if its leadership cannot stay above temptation.

“It is now very important that they focus on fighting corruption within their ranks,” Ms. Ibrahim said, decrying Mr. Bawa’s appointment as “an insult to Nigerians.”

“They have promoted someone who has been under investigation for corrupt practices to lead an anti-corruption drive,” Ms. Ibrahim said. “This would be the joke of the year but for its serious ramifications for the country.”

Muhammadu Buhari became Nigeria’s president in 2015 on the back of a promise to check corruption, but his government has continued to wither from one corruption scandal to another.

Other than Messrs. Malami, Magu and Bawa, Mr. Buhari’s top administration secretary, Babachir Lawal, was disgraced out of office in October 2017 after being exposed for stealing funds earmarked for displaced victims of Boko Haram.

Mr. Lawal’s dismissal came months after Mr. Buhari had spent months exonerating the then-secretary to the government against federal lawmakers who wanted him fired and prosecuted for the theft, later widely dubbed as the grass-cutting scandal.

“For a government that keep repeating its unproven bona fides on corruption, there have been too many corruption scandals under this government for anyone to take it seriously,” Ms. Ibrahim said.

Senior aides regularly dismiss criticism that Mr. Buhari’s anti-corruption strategy is a ruse, saying the president does not hesitate to remove, and sometimes recommend for prosecution, any official found with tangible claims of theft or abuse of power.

It was not immediately clear whether or not the presidential panel probing alleged corruption and abuses at the EFCC was aware of Mr. Bawa’s ongoing probe. A spokesperson for the panel did not return a request seeking comments.

Source:- Peoplesgazette


https://www.naijamediamp3.com.ng/abdulrasheed-bawa-once-arrested-for-theft-now-head-of-lagos-efcc-zonal-office/?fbclid=IwAR1b15N1xYymikl7znraqq1nQLzaARHsmzXPXCf6inVyrFAeTgKw-pQhCCM

PoliticsRe: Buhari Names 40-year-old Bawa New EFCC Boss by Johnnyessence(m): 10:16am On Feb 16, 2021
Another northerner again. Buhari is a clueless nepotistic Nigeria president. no federal character in his appointment of political positions. very bad for our democracy.
PoliticsRe: Ngozi Okonjo-Iweala Appointed WTO Director-General, Term Starts 1st March 2021 by Johnnyessence(m): 9:23pm On Feb 15, 2021
congratulations to the indefatigable economy boss.
PoliticsRe: Lai Mohammed’s Outburst Confirms Apc’s Membership Registration Is A Sham - PDP by Johnnyessence(m): 9:11pm On Feb 15, 2021
No hope for APC in kwara. o to ge slogan is dead.
PoliticsRe: Iyiola Omisore Defects To APC by Johnnyessence(m): 8:35pm On Feb 15, 2021
BadEnglish:
He won what? Shey u dey whyne me ni. Na Federal power them use. Omisore was only used as a smokescreen to cover up what they had in stock

After the 2018 blunder of aligning with APC. His value has drastically dropped in Osun state precisely his hometown of ile Ife.
yes, you are very right. he's a betrayer of trust.
PoliticsRe: Iyiola Omisore Defects To APC by Johnnyessence(m): 8:31pm On Feb 15, 2021
27Pushing30:
Hmm I think oyetola in his 2nd term? Omisore is plotting for the next election
Omisore isn't supporting tinubu presidency in 2023 and that will make him and oyetola to clash heavily in 2022 and 2023.
PoliticsRe: Iyiola Omisore Defects To APC by Johnnyessence(m): 8:29pm On Feb 15, 2021
Haywhysat:
Osun east has both ijesha land and ife land, so ife alone can not make a senator.
And who told you he didn't support the house of assembly rep?


Also, ife people are very loyal to Omisore. Maybe because he is a Prince also.
that was in the past and not now. ife people sees omisore as a betrayer in osun politics.

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