Tag: bawa

  • EFCC: Minister launders $37m through real estate deal

    THE Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has described the real estate sector as one with grand scale corruption in the country.

     

    The EFCC boss added that about 90 to 100 percent of resources are being laundered through the sector.

     

    Bawa stated this while featuring on Sunrise Daily, a current affairs programme, on Channels Television on Tuesday.

     

    He said the commission investigated a female minister, who he said, bought $37.5m property from a bank and deposited $20m cash.

     

    Bawa, who is marking his 100 days in office, did not however disclose the identity of the suspect or whether she is a current or former minister.

     

    He said, “One of the problems we have in the country is the real estate. Ninety to 100 per cent of the resources are being laundered through the real estate. Of course, they are being regulated but they are not enough in terms of how they give their returns to the Special Control Unit.

     

    “We investigated a matter in which a bank MD marketed a property to a minister and agreed to purchase it at $37.5m. The bank then sent a vehicle to her house to evacuate $20m from her house in the first instance.

     

    “The bank succeeded to put it in their system and paid the developer and then a lawyer set up a special purpose vehicle where the title documents were transferred into and of course, he is posing as the owner of the house.

     

    “Without the help of the banker, the minister couldn’t have imagined collecting $20m from anyone with opportunity from the real sector; she could not have thought of where to launder the proceeds of crime.”

     

     

     

    Source: www.theadvocatengr.com

  • 2023 Election: Bawa has neither met with INEC officials nor made any pronouncement remotely related to the election since he was appointed – EFCC

     

    The Economic and Financial Crimes Commission has described as false a report (Not by The PUNCH) that its Chairman, Abdulrasheed Bawa, advised the Independent National Electoral Commission against selling forms to persons with a file with the agency who are aspiring to contest in 2023 general elections.

     

    The EFCC said Bawa has neither met with INEC officials nor made any pronouncement remotely related to the election since he was appointed.

     

     

    The agency disclosed this in a statement signed by its Head, Media & Publicity, Wilson Uwujaren, and issued on March 5, 2021.

     

    The statement read, “The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report currently circulating in the social media, in which the Executive Chairman, Mr Abdulrasheed Bawa, is quoted as having advised the Independent National Electoral Commission, not to sell forms to any aspirant who has a file with the agency, pursuant to the 2023 general election.

     

    “The Commission wishes to state that the report is false as the Executive Chairman has neither met with INEC officials nor made any pronouncement remotely related to election since he was appointed.

     

    “All he has said, in his two public outings so far, pertain to issues concerning his vision for the EFCC and the outlook for the fight against corruption in Nigeria.

     

    “Qualification for elective political offices in Nigeria are clearly stated in the 1999 Constitution and relevant sections of the Electoral Act 2010 (as amended).

     

    “It is not the place of the EFCC chairman to determine who runs for an office or otherwise.

     

    “Members of the public are therefore enjoined to consider this report as another classic case of fake news and discountenance it.”

     

     

     

    Source: www.punchng.com

  • EFCC: Senate get sued to stop Bawa’s confirmation

    The new Chairman-designate of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, who is expected to face Senate screening soon, is beset by a legal hurdle following a controversy surrounding his rank, Saturday PUNCH has learnt.

    It was learnt that a lawyer, Osuagwu Ugochukwu, has filed a suit before the Federal High Court in Abuja seeking to stop the Senate confirmation of the chairman-designate.

     

    The court document marked FHC/ABJ/CS/196/2021 was received at the Office of the Senate President on Thursday, according to an acknowledgement copy obtained by our correspondent on Friday.

     

    It was learnt that the leadership of the Senate, the Presidency and the Office of the Attorney General of the Federation were holding talks as to how to address the issue in order to avoid a repeat of the last screening exercise where the then nominee, Ibrahim Magu, was rejected twice by the Senate.

     

    Bawa is also believed to be a kinsman of the AGF, Abubakar Malami (SAN). Malami played a major role in the removal of Magu and reportedly recommended Bawa’s appointment to the President, Major General Muhammadu Buhari (retd.).

     

    The new nominee, who is a member of the pioneer Course 1 of the EFCC Cadet Officers, is a Level 13 officer. However, the EFCC Act states that in appointing a chairman of the commission, such an appointee must be at least an Assistant Commissioner of Police or equivalent.

     

    The EFCC Act, however, may not have envisaged that a member of the core staff of the EFCC would become chairman and does not state what the equivalent of an Assistant Commissioner of Police would be in the EFCC cadre.

     

    Bawa, who joined the EFCC in 2005, has been in service for 15 years and is believed to be a seasoned detective. However, there has been controversy over what the equivalent of a Level 13 officer in the EFCC would be in the police.

     

     

    In the originating summons filed by Ugochukwu, it was argued that Section 2 of the EFCC Act states that the EFCC shall have a chairman who shall be the chief executive and accounting officer of the commission; be a serving or retired member of any government security or law enforcement agency “not below the rank of Assistant Commissioner of Police or equivalent;   and possess not less than 15 years cognate experience.”

     

    Ugochukwu asked the court to determine whether a Level 13 officer is the equivalent of an ACP.

     

    The plaintiff subsequently sought two reliefs, including “a declaration that the 2nd defendant (Bawa), who is a Grade Level 13 public service officer and not an Assistant Commissioner of Police or its equivalent is not qualified to be the chairman of the EFCC” and “an order of perpetual injunction restraining the first defendant (Senate) from confirming the appointment of the second defendant (Bawa) as chairman of the EFCC.”

     

    Meanwhile, the Centre for Anti-Corruption and Open Leadership has written a letter to the Senate asking the upper legislative chamber not to confirm Bawa as the EFCC chairman.

     

    This is according to a letter titled ‘Don’t Confirm Abdulrasheed Bawa’s Appointment as EFCC Chair until He Clears His Name of Corruption Allegation; Appeal to the Nigerian Senate,’ which was signed by the Executive Director of CACOL, Debo Adeniran.

     

    CACOL said Bawa was alleged to have diverted 224 forfeited trucks while he was the Port Harcourt zonal head of the commission and is also rumoured to be a cousin of the AGF.

     

    The group further argued that Bawa is not up to the level of an ACP and is thus not qualified to be chairman of the EFCC.

     

    “The EFCC law is an Act of the National Assembly, hence the Senate must not overrule itself by breaching a critical provision in the appointment of EFCC Chairman.

     

     

     

    “It is against this background that CACOL is appealing to the Senate to please take the pains to dig deep into Mr Abdulrasheed Bawa’s record of overall performance, as well as that of corruption allegations levelled against him.

     

    “Howbeit, if the rumour making waves in some quarters, which has also been confirmed by some sections of the media, is anything to go by, we would say Nigerians’ hope for a corruption-free society has been dashed with the nomination of Mr Abdulrasheed Bawa as the chairman of the EFCC,” the letter read.

     

    Bawa, who was accused of diverting recovered assets, was, however, absolved of any wrongdoing by the EFCC in a statement sign ed by its spokesman, Mr Wilson Uwujaren, on Tuesday.

     

     

    Source: www.punchng.com