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The case against CJN ON Asset Declaration

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The Code of Conduct Tribunal (CCT) is set to arraigned Justice Walter Onnoghen, the Chief Justice of Nigeria   Monday Jan. 14 for for false asset declaration.

Mr Ibraheem Al-Hassan, the tribunal’s Head, Press and Public Relations, said this in Abuja.

He said the action was consequent upon an application filed by the Code of Conduct Bureau (CCB) to the chairman of the tribunal.

Al-Hassan said the application was signed by Mr Ibrahim Usman and Mrs Fatima Ali on behalf of the bureau.

He, therefore, said the tribunal would commence the trial of the CJN on six-count charge as the service of summons had been effected on the defendant.

The premier newspape reports that the Anti-Corruption and Research Based Data Initiative (ARDI) filed the petition at the Code of Conduct (CCB) against Justice Onnoghen.

Mr Dennis Aghanya, Executive-Secretary of the organization, who made the copy of the petition available to our correspondent today in Abuja, said the body had acted as a whistleblower.

Aghanya said the petition, which was filed on Jan. 7, was an offshoot of a painstaking investigation into the dealings of the CJN.

He said the organisation was of the strong opinion that the allegations were weighty enough to compel an action against Justice Onnoghen.

The petition reads in parts: “we hereby petition you on suspected violations of the law and the Constitution of Nigeria by the Honourable Mr. Justice Walter Samuel Nkanu Onnoghen, the Chief Justice of Nigeria.

“ Specifically, we petition you based on the alarming facts detailed below, all of which indicate that the leader of our country’s judicial branch is embroiled in suspected official corruption, financial crimes and breaches of the Code of Conduct Bureau and Tribunal Act.

“The particulars of our findings indicate that: His Lordship Justice Walter Onnoghen is the owner of sundry accounts primarily funded through cash deposits made by himself, up to as recently as 10th August 2016.

“These appear to have been run in a manner inconsistent with financial transparency and the code of conduct for public officials.’’

The body had alleged that Justice Onnoghen made five different cash deposits of 10,000 dollars each on March 8, 2011 into Standard Chartered Bank Account 1062650.

The group also alleged that the CJN on June 7, 2011, made two separate cash deposits of 5000 dollars each.

It was also alleged that the June 7, 2011 transactions were followed by another four cash deposits of 10,000 dollars each.

Similarly, ARDI further alleged that Justice Onnoghen had on June 27, 2011, made another set of five separate cash deposits of 10,000 dollars each and made four more cash deposits of 10,000 dollars on June 28, 2011.

The body alleged that the CJN had also failed to declare his assets immediately after taking office, adding that the inaction was contrary to Section 15 (1) of Code of Conduct Bureau and Tribunal Act.

ARDI also alleged that Onnoghen did not comply with the constitutional requirement for public servants to declare their assets every four years during their career.

The group alleged that the Code of Conduct Bureau Forms (Form CCB 1) belonging to Justice Onnoghen for 2014 and 2016 were dated and filed on the same day.

The group alleged that the acknowledgement slip for Declarant SCN: 000014 was issued on Dec.14, 2016 while that for Declarant SCN: 000015 was also issued on Dec.14, 2016.

The petitioner alleged that the two CCB acknowledgment slips were issued to Justice Onnoghen when he had been sworn-in as the CJN.

“The affidavit for SCN: 000014 was sworn to on 14th December 2016; 2 of 6 b. The affidavit for SCN: 000015 was sworn to on 14th December 2016.

“Both forms were received on 14th December 2016 by one Awwal Usman Yakasai.

“The discrepancy between Justice Walter Onnoghen’s two CCB forms that were filed on the same day is significant.

“In filling the section on Details of Assets, particularly cash in Nigerian Banks, His Lordship as Declarant SCN: 000014 mentioned only two bank accounts,’’ the petitioner alleged.

According to the petitioner, the CJN runs Union Bank account number 0021464934 in Abuja, with balance of N9, 536,407 on Nov. 14, 2014.

The body alleged that the second account the CJN said he runs is Union Bank number 0012783291 in Calabar, with balance of N11, 456,311 as at Nov. 14, 2014.

The petitioner said the sources of the funds in the accounts were stated as salaries, estacodes and allowances.

The petitioner, however, alleged that Justice Onnoghen as Declarant SCN: 000015, had listed seven bank accounts that were in use.

The group said the CJN was linked to Standard Chartered account 00001062667, with balance of N3, 221,807.05 as at Nov. 14, 2016.

Another account they alleged was operated by the CJN included Standard Chartered account 00001062650, with balance of $164,804.82, as at Nov.14 2016.

The other account linked to him is Standard Chartered with account number 5001062686, with balance of 55,154.56 Euros as at Nov. 14, 2016 among others.

 

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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