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$6bn Mambilla Scam: Release Agunloye Or Arrest Others Involved, Soyinka Tells EFCC

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Nobel laureate Prof Wole Soyinka has described as total contempt of sense and justice the predicament of a former Minister of Power and Steel, Dr. Olu Agunloye, in the hands of the Economic and Financial Crimes Commission.

The elder statesman, who made the assertion in a statement on Monday titled, “In pursuit of justice, productivity, under the rule of law,’’ questioned the fundamental human rights in the anti-graft agency’s action.

Last week, the agency declared the ex-minister who served in the administration of Olusegun Obasanjo, wanted over his role in the $6 billion Mambilla hydropower contract. He was earlier quizzed by the agency in September on the same issue.

The playwright in the statement noted that concerning governance, there was never any moment too early, nor demand too drastic in calling for the overhaul of security agencies where their activities intrude on the fundamental rights of the citizen.

He stated, “The practice of citizen detention at the whim of either religious blackmail or secular arrogation demands curtailment at source, most especially when exercised in defiance of the law, and the pronouncements of its agencies. Anything less goes to remind us that anarchy remains a choice for citizen recourse, with unpredictable consequences.

“The immediate provocation for these reflections is ongoing predicament of a former Minister of Power, Dr. Olu Agunloye, currently detained by the EFCC, in total contempt of sense and justice, or indeed, basic humane considerations. We shall not go into the merit or demerits of the charges raised against him over a 16-year-old project that bears the name Mambilla. –that is the business of the law courts. Our concern at this moment is however only partially on the basis of individual fundamental human rights. Most fortuitously, the detention of any former public servant under circumstances such as Agunloye also provokes the question: how is public interest – such as the pursuit of justice – served by such an arbitrary exercise of power?’’

According to Mr Soyinka, before the now familiar carping, this is not the first time he had personally intervened in the high-handed and illegal conduct of the EFCC.

He added, “All the way back to its inception, and public enthusiasm over its mission, I have had cause to use every means to promote and facilitate the success of that mission, while at the same time insisting on the organisation’s operation under the law and citizen entitlement. My personal relations with the EFCC include placing the civic organisation in which I am involved in an active relationship with that corruption-fighting agency, even to the existence of an MOU of collaboration. From the time when intoxicated by righteous zeal, the EFCC in its early years attacked the home and offices of a businessman with a bulldozer, destroying and carrying off valuable equipment, I tackled its then director and demanded civilized usage in opposition to brute force.

“It was this that impelled me to facilitate bringing to Nigeria President Kagame of Rwanda to Nigeria to lecture on how he tackled a deep-seated corruption culture among public servants. That was effected in the context of a conference on that very theme at the dedication of new offices of EFCC. I have never hidden my commitment to the operations of any corruption-fighting agency, including EFCC’s predecessor, the ICPC.

“Those credentials are stated to forestall any time-wasting and distracting interventions – let us now get down to immediate, and nation affective missteps by that same EFCC. The resort to “trial or smear by media” of the most sensationalist kind, launched against the person of Dr. Olu Agunloye is unworthy and reprehensible. Most critically – and I want both governance and citizenry to understand this – it is counterproductive. It inhibits genuine inclination by proficient citizens for public service. That is a lamentable obstacle on the way to any nation’s development.’’

He added, “Wanted? Just what is that? Olu Agunloye has pursued his movements openly to the extent of being present and photographed at my sister’s funeral on December 8. He did not appear in disguise, did not sneak in and out. He functioned as any normal human being at an event at which the press was present. Less than thirty-six hours later, he was declared wanted.’’

He stated that if that was an EFCC joke, it was in extremely bad taste, obviously designed for social media sensationalism, not for any serious crime-solving commitment.

He added, “Nonetheless, Agunloye, as a dutiful citizen, issued a statement on his visibility and ready compliance. He promised to show up at the EFCC offices in Abuja the following day. He appeared, and was promptly arrested and detained. The information I have been able to obtain during the past two days of my return to the country is that the head of the EFCC declared that he would release him only on the instructions of the President of the nation.

“True or false? I am not in the game of “He said, I said.” What matters is the murky exercise of power. I have had cause to intervene before this, all the way from Are, through Ribadu and Magu, that last until he stopped taking my calls. The present however transcends all other interventions, as it involves certain issues of national interest, in tandem with the evident issues of fundamental citizen rights.’’

He further said that put succinctly, he wished to claim that finally, after many years of frustration, the nation was being offered an opportunity to put the Mambilla project to rest, be it through terminal abandonment or resuscitation, “corralling its lessons in fulfilling one of the most basic conditions for national industrial development with private creative input – addressing frontally and holistically the basic question of sustainable supply of power., In addition – and I concede that this is a personal, yet national concern.’’

He noted too that the nation stood a chance to finally solve a nation’s high-profile murder case, this being none other than that of Bola Ige, also prior minister of power under President Olusegun Obasanjo.

“Let this be understood. The murder of Bola Ige, plus a monumental act of sabotage that took place under Ige’s watch, involving the loss of some engineers, was linked to massive corruption that underlay the Mambilla collapse. It is time to end the deception, the cynical cover-ups, the blame passing, the diversionary utterances, and the now open admission of corporate corruption with high reaches of power. We are calling for a non-partisan commission that will sit in public, take evidence, ask questions, and cross-examine witnesses over even one year if necessary. After all, this massive failure has gone on for nearly two decades. We can spare one more year, surely to lay bare the ugly face of truth, then let the public do what it will with the revelations,’’ he said.

He stated that the cycle of self-deception had gone on far enough and the two legislative chambers should take the bull by the horns to end the charade, cut our losses, and move on.

Mr Soyinka noted, “In the meantime, the EFCC should release all its prisoners or, in the alternative, equally arrest and detain all those involved in this mammoth scam that has deprived the “Giant of Africa” the basic survival facility for a twenty-first-century society. One chicken in the coop is a travesty of justice and a deplorable lack of nerve. Release Agunloye, or detain all those directly or indirectly implicated in that fiasco. The preening and posturing of EFCC has served its purpose, it is time to now divert it to a productive end – bringing closure on the one hand, and also opening up new channels of productive fulfillment for a stressed and distressed nation.’’

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CBN Bars Chronic Loan Defaulters from Accessing New Banking Services

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The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).

This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.

This order is specifically targeted at large-ticket obligors.

The CBN issued the directive in a circular to banks on Monday.

The latest instruction comes almost a week after the CBN asked financial institutions to stress test.

It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.

“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.

“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.

“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”

 

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Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju

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Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.

Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.

He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.

“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.

“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?

“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.

“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.

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Corruption Probe: Court Grants ICPC Access To Data On El-Rufai’s Seized Gadgets

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The Federal High Court in Abuja has granted the Independent Corrupt Practices and Other Related Offences Commission (ICPC) permission to access and forensically examine about 14 sets of electronic devices seized from the residence of former Kaduna State Governor, Nasir El-Rufai.

Justice Joyce Abdulmalik issued the order yesterday while ruling on an ex-parte motion filed by the ICPC and moved by its lawyer, Dr. Osuobeni Akponimisingha.

The commission said it needed to access the devices for inspection, forensic examination and extraction of data in furtherance of its ongoing investigation of the former governor.

The devices include a Sony HD-EGS storage device, an ITB Transcend storage device, a Toshiba storage device, a Samsung mobile phone, a Nokia mobile phone – N958GB, a Blackberry mobile phone device and a Google IDEOS phone.

Others are a Samsung storage device – SPO802N, a Remarkable tablet, an Apple MacBook Pro – black, a Seagate FreeAgent Desk external drive, a ZTE mobile phone, 10 pieces of flash drives and a Microcell memory card.

Justice Abdulmalik, in the ruling, granted the commission access to the gadgets “for inspection, forensic examination and forensic extraction of data, including public documents, WhatsApp conversations, text messages, pictures, call logs and related information, and to analyse same forensically or otherwise from the said electronic devices which were seized in the course of investigation for the purpose of investigation activity.”

El-Rufai is currently before the same court challenging the search of his house and seeking, among others, N1 billion in compensation.

Listed as respondents in the suit, marked FHC/ABJ/CS/345/2026, are the ICPC; the Chief Magistrate at the Magistrate’s Court of the FCT, Abuja; the Inspector-General of Police (IGP); and the Attorney-General of the Federation (AGF).

El-Rufai is challenging the propriety of the recent search of his Asokoro, Abuja residence by agents of the ICPC, during which some items were recovered.

The former governor, who is seeking a number of reliefs, wants the court to declare that the search warrant issued on February 4 by the Chief Magistrate of the Magistrate’s Court of the FCT (2nd respondent), authorising the search of his residence and seizure of items, was invalid, null and void.

He also wants a declaration that the search warrant is “null and void for lack of particularity, material drafting errors, ambiguity in execution parameters, overbreadth and absence of probable cause, thereby constituting an unlawful and unreasonable search in violation of Section 37 of the Constitution.”

El-Rufai is urging the court to declare that the alleged invasion and search of his residence at House 12, Mambilla Street, Aso Drive, Abuja, on February 19 at about 2 pm by agents of the ICPC and the IGP, who were armed with the said warrant, amounted to a gross violation of his rights to dignity of the human person, personal liberty, fair hearing and privacy under Sections 34, 35, 36 and 37 of the Constitution.

He is also asking the court to award N1,000,000,000.00 (one billion naira) “as general, exemplary and aggravated damages against the respondents jointly and severally for the violations of the applicant’s fundamental rights, including trespass, unlawful seizure and the resultant psychological trauma, humiliation, distress, infringement of privacy and reputational harm.”

He contends that the search warrant was fundamentally defective, lacking specificity in the description of items to be seized, containing material typographical errors, ambiguous execution terms, overbroad directives and no verifiable probable cause.

He argued that the lack of specificity in the warrant contravenes Sections 143–148 of the Administration of Criminal Justice Act 2015, Section 36 of the ICPC Act 2000 and constitutional protections against arbitrary intrusions.

According to him, Section 143 of the ACJA requires that an application for a search warrant be supported by information in writing and on oath, setting forth reasonable grounds for suspicion, which he said was absent in this case, as evidenced by the incomplete initiating clause.

He said Section 144 mandates particular descriptions of the place to be searched and the items sought to prevent general warrants, adding that the search was conducted without legal justification and in a manner that inflicted humiliation and distress.

El-Rufai further argued that execution of the said invalid warrant on February 19 resulted in an unlawful invasion of his premises, constituting violations of the rights to dignity (Section 34), personal liberty (Section 35), fair hearing (Section 36) and privacy (Section 37) of the Constitution.

 

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