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Fictitious Charges Against Yahaya Bello

False, Fictitious Charges Against Yahaya Bello: EFCC Executing Political Agenda, Not Fighting Corruption – Kogi Govt

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False, Fictitious Charges Against Yahaya Bello: EFCC Executing Political Agenda, Not Fighting Corruption – Kogi Govt

. Asks Commission to come clean on reasons for baseless political witch-hunt of former Governor, false narrative of missing money.

 

The Kogi State Government has once again told the Economic and Financial Crimes Commission to come clean on the reason behind its unrelenting persecution and media trial of the immediate past Governor of the state, Yahaya Bello, saying that the world would be eager to know why the Commission is trying so hard to find what is not missing.

The state government, for the umpteenth time, insisted that its funds were not missing, and called on the EFCC to desist from mentioning the name of Kogi State in its ongoing persecution, allegedly orchestrated by some political actors around the Presidency bent on destroying the image of the former Governor.

“We believe that this ignoble agenda is unknown to President Bola Ahmed Tinubu who trusted those people with power with the hope that they will use it judiciously for the greatness of our nation. Unfortunately, they have decided to use the privileges given to them as tools for political vendetta,” the statement, signed by the Commissioner for Information in Kogi State, Kingsley Fanwo, said.

“The amended charges in which the name of the former Governor was mentioned are false, frivolous, fictitious and far from the truth. They are cooked-up charges that signpost their desperation to call a dog a bad name in order to hang it. The intention was to sensationalize the whole scenario and promote a media war against the former Governor and other officials of Government.

“We have seen how low EFCC and its paymasters can go in order to pander to the political agenda of those afraid of the rising profile of Alh. Yahaya Bello,” it added.

The state government called on President Bola Tinubu to order a special probe into “what is happening in Kogi State before the EFCC is pushed into being used as a hired gun by political hawks who are acting a selfish and overambitious script.”

It said those who had personal grievances could vent their grievances without dragging the name of Kogi State in the mud, maintaining that Kogi Government “believes in transparency, accountability and probity in line with the trend from 2016.”

The statement reads, “As a subnational in the Nigerian nationhood, we wish to express our utmost respect for agencies set up to perform specific functions towards the greatness of Nigeria. The Kogi State Government is also conscientiously committed to the determination of the present administration to stop corruption and fight corruption.

“As an administration, we inherited the zero tolerance for corruption policy from the immediate past administration of His Excellency Alh. Yahaya Bello, CON. From 2016, the Government of Kogi State has continually strengthened her anti-corruption brakes and bumps to ensure the commonwealth of the people works for the common good of Kogites. This has won the State Government a lot of credible awards from national and international organizations, including the World Bank.

“A few years back, we witnessed a worrisome trend and torrent of witch-hunt by the Economic and Financial Crimes Commission, unrepentantly striving to force corruption claims on our Government and its officials. The Commission started with claims that it discovered a non-existent fund in an alleged Fixed Deposit Account.

“It eventually shot itself in the foot with a badly scripted skit of conniving with the now discredited Emefiele-led Central Bank to claim the money was returned to the Central Bank. This is the hight of witch-hunt and unprovoked attack on the integrity of the Government and People of Kogi State.

“The desperation of the EFCC to hastily and for glaring political reasons, hound the immediate past Governor on their corruption list is unfortunate and speaks volume on how we reward altruistic leadership in our nation. For the records, we wish to make it clear that Kogi’s funds are not missing and that the EFCC is trying so hard to find what is not missing.

“We therefore call on the EFCC to desist from mentioning the name of Kogi State in its ongoing persecution, orchestrated by some political actors in and around the Presidency bent on destroying the image of Alh. Yahaya Bello and Kogi State. We believe that this ignoble agenda is unknown to President Bola Ahmed Tinubu who trusted those people with power with the hope that they will use it judiciously for the greatness of our nation. Unfortunately, they have decided to use the privileges given to them as tools for political vendetta.

“The amended charges in which the name of the former Governor was mentioned are false, frivolous, fictitious and far from the truth. They are cooked-up charges that signpost their desperation to call a dog a bad name in order to hang it. The intention was to sensationalize the whole scenario and promote a media war against the former Governor and other officials of Government. We have seen how low EFCC and its paymasters can go in order to pander to the political agenda of those afraid of the rising profile of Alh. Yahaya Bello.

“The Kogi State Government wishes to call on Mr President to order a special probe into what is happening in Kogi State before the EFCC is pushed into being used as a hired gun by political hawks who are acting a selfish and overambitious script.

“As a Government, we will continue to support the anti-corruption crusade of the Federal Government, howbeit, such crusade should be based on the rule of law, purity of conscience and devoid of political scheming. We cannot afford to politicize our fight against corruption. We will continue to have faith in the judiciary to protect our name and integrity.

“Those who have personal grievances can vent their grievances without dragging the name of Kogi State in the mud. Our Government believes in transparency, accountability and probity in line with the trend from 2016.

“We also wish to assure the good people of our State that nothing will be spared to protect the integrity of our Government. Our administration will continue to act in a way that Kogites will be respected wherever they go and for us to retain the respect of our international development partners who have persistently commended our anti-corruption credentials.”

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UBA, GTCO Lose ₦2.13 billion To Fraudsters Despite Heavy Cybersecurity Investments

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UBA, GTCO Lose ₦2.13 billion To Fraudsters Despite Heavy Cybersecurity Investments—-Three of Nigeria’s largest financial institutions have reported combined fraud-related losses of approximately ₦2.13 billion in their latest audited financial statements, highlighting the growing threat of cybercrime and electronic banking fraud in the country’s financial sector.

The affected institutions include Access Holdings Plc, Guaranty Trust Holding Company Plc, and United Bank for Africa Plc.

According to details contained in the banks’ 2025 financial reports, fraud incidents linked to the three lenders totalled approximately ₦10.29 billion. However, through recoveries, transaction reversals, and security interventions, the banks were able to prevent or recover about ₦8.16 billion, leaving actual losses at approximately ₦2.13 billion.

Among the banks, Access Holdings recorded the highest direct loss to fraudsters, losing an estimated ₦1.24 billion within the financial year.

United Bank for Africa reported over 26,400 fraud-related incidents, with actual losses totalling approximately ₦621.57 million, while Guaranty Trust Holding Company recorded approximately ₦269.44 million in losses tied to fraudulent activities.

Industry analysts say the figures reflect the increasing sophistication of cybercriminals targeting Nigeria’s rapidly expanding digital banking ecosystem.

Most of the fraud cases were reportedly connected to electronic banking channels, including unauthorised transfers, mobile banking compromise, phishing schemes, identity theft, and other forms of digital payment fraud.

The development comes as Nigerian banks continue to accelerate the country’s transition toward a cashless economy through mobile banking platforms, internet banking services, agency banking networks, and digital payment systems.

Despite the losses, the financial institutions significantly increased investments in technology infrastructure and cybersecurity measures during the year under review.

Collectively, the banks reportedly spent over ₦280 billion on technology upgrades, fraud monitoring systems, customer authentication processes, and transaction security enhancements aimed at reducing cyber threats and protecting customer funds.

Meanwhile, the Central Bank of Nigeria has also intensified regulatory efforts to curb financial fraud across the banking industry.

The apex bank recently introduced stricter compliance measures requiring financial institutions to strengthen fraud detection systems, improve transaction monitoring, and respond more rapidly to suspicious activities and customer complaints.

Financial experts have warned that as digital banking adoption continues to rise across Nigeria, banks and customers alike must remain vigilant against increasingly advanced cybercrime tactics targeting the financial sector

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Custody Death Scandal: LawyerTemokun Drags NDLEA, Demands Immediate Probe

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Custody Death Scandal: Lawyer Temokun Drags NDLEA, Demands Immediate Probe—-Calls for accountability grow after fresh death mirrors earlier prolonged detention case in Ondo.

Human rights lawyer Temokun has condemned the death of a detainee in the custody of the National Drug Law Enforcement Agency (NDLEA), demanding an immediate and transparent investigation into the circumstances surrounding the incident.

The lawyer described the development as alarming, linking it to a previous case in Ondo State involving prolonged detention without due process. In that earlier incident, Temokun had accused authorities of незакон detention and rights violations, insisting that suspects must be charged to court rather than held indefinitely.

He stressed that repeated allegations of unlawful detention and abuse within custody raise serious concerns about accountability and adherence to the rule of law.

Temokun called on relevant authorities to thoroughly probe the latest death, ensure justice for the victim, and prevent a recurrence of such incidents.

The NDLEA has yet to issue an official response regarding the latest allegations, as pressure mounts from legal and civil society groups for greater oversight of detention practices.

The incident adds to growing scrutiny of law enforcement agencies over the treatment of detainees and respect for fundamental human rights in Nigeria.

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