There were hints yesterday that the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and other top officials of the bank may face trial afterall.
This follows the stalling of the plea bargain move between the Federal Government and the embattled apex bank boss.
It was learnt that Emefiele and the affected officials of the apex bank have “not made substantial concessions on some refunds expected from them.”
Sources said that trillions of naira were being tracked by a federal agency but only a few billions of naira was offered as refundable by some of those linked to the suspicious transactions.
Emefiele is being held by the Department of State Service (DSS).
It was gathered that some interceding forces and Emefiele have not made progress on the plea bargain terms.
Despite Emefiele’s offer to step aside in August, the other aspects of plea bargain process were “not substantially met.”
It has also been confirmed that the four deputy governors were dropped because of their alleged complacency when Emefiele was in the saddle at the apex bank.
The Presidency was shocked by the “massive scale of fraud and flagrant violations of the CBN Act,” it was learnt.
It was also learnt that following interventions, the government’s investigation, initially coordinated by a security agency, had recommended plea bargain option with Emefiele, who wanted it.
Apart from Emefiele offering to step aside, other terms were the withdrawal of court cases against the government and the refund of substantial cash allegedly linked to him and others.
But there were strong indications that the plea bargain option may have suffered a setback.
The source said: “Where trillions were being queried, some of those affected have offered to refund about N32 billion only.
“The engagement of the Special Investigator has also uncovered more mismanagement of resources and questionable expenditures in CBN than what some security agencies dug up.
“The findings of the Special Investigator have uncovered a massive rot.”
A source within the Presidency, said the CBN was stinking. He declined to volunteer information on the plea bargain dimension.
The source said the government might prosecute anyone indicted.
He said: “I don’t know whether plea bargain has collapsed or not. I don’t even know if that is on the table to start with. But I know the CBN Governor and the Deputies have been removed.
“The investigations across board are going on and Iam sure the govt will prosecute anyone who has compromised the country.”
Investigation confirmed that the four deputy governors were replaced because of their alleged complacency.
The Presidency source said none of the deputy governors complained when Emefiele was allegedly mismanaging the CBN.
“Most of the DGs “actively collaborated with Emefiele on policies and decisions not in line with the CBN’s mandate,” he said.
Those affected were Folashodun Adebisi Shonubi (Deputy Gov Operations and Acting Governor); Aisha Ahmad (Deputy Governor, Financial System Stability): Adamu Lamtek (Deputy Gov Corporate Services) and Kingsley Obiora (Deputy Governor, Economic Policy).
The source added: “Investigation is still ongoing. The special investigator sure uncovered a lot of rots which implicated the Deputy Governors.
“There is no way the Deputy Governors would have remained with the scale of corruption, poor corporate governance and complacency that happened under Emefiele.
“Allowing them to remain will mean the government has condoned all that went down under their watch.”
The post Dispute Stalls Federal Govt, Emefiele Plea Bargain Talks appeared first on Jomog.
AUDU BAKO COLLEGE OF AGRICULTURE, DAMBATTA ANNOUNCE SALES OF ADMISSION FORM FOR THE 2023/2024 ACADEMIC SESSION
Interested Applicants are hereby invited to apply through the College web site www.abcoad.edu.ng to fill the Application form at the cost of N6,000.00 for Certificate, Diploma and National Diploma Programs; and N6,500.00 for Higher National Diploma While N7,000.00 Naira Only for outreach Programs
AMERICAN COLLEGE OF HEALTH SCIENCE AND TECHNOLOGY, BOMA RELEASES 1ST BATCH ADMISSION LIST FOR THE 2023/2024 ACADEMIC SESSION
We know that this news will bring delight and excitement to the students and families who have been selected. We congratulate them on their achievements, and we look forward to welcoming them into our community.
We want to extend our appreciation to all the applicants who took the time to submit their applications and to participate in the admissions process. The competition was fierce, and we commend each student for their hard work and dedication.
To those who have not been selected, we encourage you to keep striving towards your goals and aspirations. We wish you all the best for your future endeavors, and we hope that you continue to seek out opportunities for growth and learning.
We will continue to keep you updated on the next stages of the admissions process, and we look forward to keeping in touch with you.
Congratulations once again to all those who have been shortlisted, and best wishes for a bright and successful future.
Admission Committee, Academic Year 2023/2024.
UNIVERSITY OF MAIDUGURI BUSINESS SCHOOL (UMBS) ANNOUNCES SALES OF ADMISSION FORM FOR THE 2023/2024 ACADEMIC SESSION
1. AVAILABLE PROGRAMMES ARE:
1.1: PROFESSIONAL MASTERS
1) Masters in Business Administration (MBA)
- -MBA (Accounting)
- -MBA (Finance) -MBA (Management)
- -MBA (Marketing)
ii) Masters in Treasury and Financial Management (MTFM)
iii) Masters in Public Administration (MPA)
iv) Masters in Health Planning and Management (MHPM)
v) Masters in International Relations (MIR)
vi) Masters in Strategic Studies (MASS)
vii) Masters in Labour and Industrial Relations (MILR)
viii) Masters in Crime Control and Prevention (MCC)
ix) Masters in Social Policy (MSP)
1.2: POSTGRADUATE DIPLOMAS
1) Postgraduate Diploma in Management (PGDM) -PGDM (Finance)
- -PGDM (Finance and Materials Management)
- -PGDM (Human Resource Management)
- -PGDM (Management)
- -PGDM (Marketing)
ii) Postgraduate Diploma in Accounting (PGDA)
iii) Postgraduate Diploma in Criminology (PGDC)
iv) Postgraduate Diploma inEducation (PGDE)
v) Postgraduate Diploma in Economics (PGDEcons)
vi) Postgraduate Diploma in Environmental Management (PGDEM)
vii) Postgraduate Diploma in Geography (PGDGeo)
viii) Postgraduate Diploma in Geology (PGDGey)
ix) Postgraduate Diploma in Industrial and Labour Relations (PGDILR)
x) Postgraduate Diploma in Library and Information Science (PGDLIS)
xi) Postgraduate Diploma in Political Science (PGDPS)
xii) Postgraduate Diploma in Public Administration (PGDPA)
2. ENTRY REQUIREMENTS
2.1 GENERAL ENTRY REQUIREMENTS
i) Five (5) 0 Level credits in S.S.C.E/NECO/WASC or their equivalent including Mathematics and English Language.
ii) NYSC Discharge or Exemption Certificate.
2.2: PROFESSIONAL MASTERS
In addition to (i) and (ii) in 2.1 above, candidates seeking admission into professional masters programmes should possess the following:
i) A University degree in any RELEVANT area with not less than second class lower division.
ii) A third class degree plus a postgraduate diploma in the relevant area.
2.3: POSTGRADUATE DIPLOMAS
In addition to (i) and (ii) in 2.1 above, candidates seeking admission into postgraduate diploma programmes should possess the following:
i) A University degree not lower than second class lower division in an area different from that of the postgraduate diploma sought.
ii) A third class degree in the relevant area
3. METHOD OF APPLICATION
Application forms can be obtained through the following process by interested candidates/applicants:
i) Payment of a non-refundable fee of fifteen thousand (N15,000) naira only into the UMBS account at Unimaid Microfinance Bank account with the following details
- Account Name: University of Maiduguri Business School
ii) Presentation of payment teller/evidence of payment at the Finance office of the UMBS to collect payment receipt.
- Account No.:1100037923
iii) Presentation of payment receipt to the SAR, UMBS for collection of application form.
iv) Return of duly completed application form with copies of the relevant documents to the SAR. UMBS
All application forms must be duly completed and submitted on or before 15″ November 2023.
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