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Alleged N33.8bn Fraud: I received more than N22bn from Federal Ministry of Power -BDC Operator

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The trial of former Minister of Power, Saleh Mamman continued on Wednesday, January 22, 2025 at the Federal High Court, Abuja, presided over by Justice James Omotosho with the Economic and Financial Crimes Commission, EFCC presenting its 8th witness, PW8.

The witness, PW8 Abdullahi Suleman, a bureau de change operator, narrated how more than N22 billion was allegedly siphoned from the Federal Ministry of Power while Mamman was Minister. He said the naira equivalent of the money was exchanged for United States dollars through his business accounts.

Mamman is being prosecuted by the EFCC on a 12-count charge bordering on conspiracy to commit money laundering to the tune of N33,804,830,503.73 (Thirty-three Billion, Eight Hundred and Four Million, Eight Hundred and Thirty Thousand, Five Hundred and Three Naira, Seventy-three Kobo).

At Wednesday’s proceedings, Suleiman, while being led in evidence by prosecution counsel, Rotimi Oyedepo, SAN narrated that about 12 of his business accounts received money from the Federal Ministry of Power without carrying out any service, contact or project. His companies; Prymint Investment Limited, Strong Field International Projects Limited, Mintedge Nigeria Limited, First Class Construction and Project, Silverline Ocean Ventures, Golden Bond Nigeria Limited, Sipikin Global Enterprise, Spinhiills Biz International limited, Fullest Utility Concepts Limited, Platinum Touch Enterprises, Breathable Investment Limited and a company owned by his brother named Gurupche Business Enterprises were used for the transactions.

“I know Alhaji Maina Goje, we are in the same business, sometimes in 2019, Maina Goje met me that he has transaction that I should give him some of my account numbers, the first account I gave him was Fullest, he will send money and I will give him dollars, he started asking for more accounts, he will tell me what to do with the transactions, I will get the dollar and give him and sometimes I will do a transfer to other accounts. We have been working together since then till 2024. From my rough calculations, the amount I have received through the transactions will be more than 22 billion naira. Also Maina used to send someone called Musbhu anytime he was not available, he would send him and give me instructions on what to do with him, we do call him Yaro Minister because he is from Saleh Mamman”, he said.

Continuing, “ I also know Mr Mustapha Muhammed, Goje told me that he is his oga, I didn’t know him before until Maina Goje introduced him to me, then I learnt he works with Federal Ministry of Housing and instructed that anytime they can’t reach him, I should give him the amount of dollars he requested”

When shown Exhibit X series, which contained bank statements generated from his companies showing evidence of money inflows into his bank accounts with Strong Field international Projects Limited, Mintedge Nigeria Limited, Prymint Investment Limited, the witness admitted that they were the accounts he gave Maina Goje.

Among some of the notable transactions shown to him on the accounts were; N285,983,285 received on 24th May 2021, N278, 248.611 on 26th May 2021, , N320m on 1st January, 2021, 184m on 18 June, 2021, N178,300,285 on 14th July 2021, , N75,420, 000 on 5th August 2021, N75,120,000 on 1st December 2021, N68,150,620 and N70,650 on 15th December 2021, N90,247,395 on 12th Jan 2022, N64, 747,627 on 16 February 2022, among others and he agreed receiving them.

Earlier, a Compliance Officer from FCMB presented and tendered bank statements and attachments in a reply letter to the EFCC dated August 16, 2024 in respect of Prymint Investments Limited, Platinum Touch Enterprises, Royal Perimeter Ventures, Golden Bond Nigeria Limited, Flex Utility Concepts Limited, Bentech Nigeria Limited admitted and marked Exhibit XTUB.

The judge adjourned the matter to 23 January, 2024 for continuation of hearing.

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Rivers Emergency Portrays Nigeria in a Negative Light-Jonathan

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Former President Dr. Goodluck Jonathan has broken his silence over the political crisis in Rivers State, expressing deep concern over the suspension of Governor Siminalayi Fubara and other elected officials, stating that such actions tarnish Nigeria’s global reputation.

Jonathan made these remarks while speaking as the chairman at the Haske Satumari Foundation Colloquium in Abuja on Saturday.

Jonathan criticized the removal of elected officials, emphasizing that these actions by key figures in the executive and legislative branches present Nigeria in a negative light.

He noted that while former presidents typically refrain from commenting on national issues to avoid inflaming political tensions, he felt compelled to speak out due to mounting calls from Nigerians urging him to address the situation.

The former president underscored the importance of maintaining the integrity of governance institutions, warning that undue influence over the judiciary erodes public confidence in the legal system.

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He also highlighted how Nigeria’s international image and investment climate are directly impacted by the conduct of its governmental arms.

Meanwhile, on the same day, the New Nigeria Peoples Party (NNPP) voiced support for President Bola Tinubu’s declaration of a state of emergency in Rivers State. NNPP National Chairman, Dr. Agbo Major, defended Tinubu’s decision, arguing that no responsible government would allow a worsening crisis to go unchecked.

Major stated that President Tinubu, as Nigeria’s Chief Security Officer, had access to intelligence that might not be publicly available. He suggested that without intervention, the situation in Rivers could have escalated further, posing significant security threats.

He also criticized some political leaders who, instead of promoting peace, allowed the crisis to deteriorate before stepping in with belated interventions and criticisms

 

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KEDCO Sympathizes with Dakata Small-Scale Industries Over Recent Fire Outbreak

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Kano Electricity Distribution Plc. (KEDCO) extends its deepest commiserations and sympathies to the leadership, workers, and business owners affected by the recent devastating fire outbreak at the Dakata Small Scale Industries, in Kano.

This was conveyed by the Managing Director and Chief Executive Officer, Abubakar Yusuf during a commiseration visit by the KEDCO Management

During the visit, the KEDCO delegation was guided around the market by the leadership of the industries to assess the extent of the damage.

KEDCO understands the significant challenges such an unfortunate incident can cause, particularly for small-scale businesses crucial to the local economy. The company acknowledges the hard work, dedication, and resilience of the entrepreneurs and workers within the Dakata small-scale community, who contribute significantly to job creation and economic growth in the region.

In response to this incident, KEDCO is committed to providing any necessary energy-related support to help those affected by the fire, facilitating their swift recovery, and smooth resumption of operations.

“On behalf of the Board and Management, we deeply sympathize and stand in solidarity with the people of Dakata and the affected industries. One of KEDCO’s missions is supporting the socio-economic growth and development of our entire franchise areas and, in times of crisis, we remain dedicated to doing everything in our power to assist in business recovery and sustainability,” the MD stated.

“Our thoughts and prayers are with all the affected business owners. I can only imagine the challenges they are currently facing, however, they are not alone as we will continue to pray for Allah’s succor upon them,” he added.

Yusuf also urged all stakeholders to collaborate in ensuring that such incidents are prevented in the future, by adopting appropriate safety measures across all industrial areas.

In a statement signed by Sani Bala Sani Head corporate communications said  the Chairman of Micro, Small, and Medium Enterprises in Dakata, Alhaji Zulkifilu Alasan, expressed deep gratitude for the visit, stating, “This visit is a testament to the new KEDCO’s commitment to excellence and customer intimacy. Since KEDCO’s inception, this is the first time its MD/CEO and his team embarked on such a solidarity visit to the Dakata small-scale industries.”

 

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Senator Barau mourns Kano’s renowned industrialist, Alhaji Nasiru Ahali

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Deputy President of the Senate, Senator Barau I Jibrin, has mourned a renowned industrialist in Kano State, Alhaji Nasiru Ahali, who died on Thursday night.
The industrialist died at the age of 108 at a hospital in Kano.

Senator Barau, in a statement by his Special Adviser on Media and Publicity, Alhaji Ismail Mudashir, described the deceased as a patriotic citizen whose contribution to industrialisation in Kano State cannot be overemphasised.

He urged the family of the late business icon to find solace in the fact that the deceased was a devout Muslim who spent his life and resources worshipping Allah SWT and assisting humanity.

“Malam Nasiru Ahali played a pivotal role in the development and growth of businesses in Kano. As one of the pioneer industrialists in Kano, he has helped shape the formation of formal businesses across the state through his company, Mainasara and Sons,” he said.

He prayed for Almighty Allah to forgive his shortcomings, grant him Jannatul Firdaus and grant his family and associates the fortitude to bear the loss.

In a statement signed by Ismail Mudashir Special adviser media and publicity to the Deputy President of the Senate said ” Our thoughts and prayers are with the immediate family of our late business icon. May Allah SWT grant him Jannatul Firdaus and give all those he left behind the strength to bear this loss,” he said.

 

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