Headlines
ICPC Probes Completed, Unoccupied Housing Estates in Abuja, Lagos, Port Harcourt
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday, revealed that it had commenced investigation into completed but unoccupied housing estates in Abuja, Lagos, and Port Harcourt, suspected to be conduits for money laundering.
ICPC also accused members of the Real Estate Developers Association of Nigeria (REDAN) of failure to pay counterpart funding for loans obtained from the Federal Mortgage Bank of Nigeria (FMBN) to deliver infrastructure for mass housing projects, where members, instead, sold the plots to the highest bidder.
Speaking at the 13th Annual General Meeting (AGM) and Conference of the Association held in Enugu, Chairman of the ICPC, Professor Bolaji Owasanoye, expressed regrets that some members of REDAN were engaged by unscrupulous individuals and politically exposed persons (PEPs) to launder their ill-gotten wealth. Owasanoye said this had led to the labelling and perception of honest and patriotic members of the association as corrupt.
He disclosed that the commission was currently investigating cases of fully completed but unoccupied estates in Abuja, in order to identify developers serving as conduit for money laundering and illicit financial flows (IFFs).
The ICPC chairman stated that the commission intended to cover other major housing hubs in the country, especially Lagos and Port Harcourt.
A statement by ICPC said while urging REDAN to support the law enforcement agencies in their investigations, Owasanoye advised the association to intensify its compliance monitoring of members in the areas of unwholesome practices, such as low quality housing deliveries and shady financial practices.
The statement quoted the ICPC chairman as saying, “The commission conducted a system study and review of mass housing delivery in the FCT, where it was discovered that members of REDAN who had been allocated huge plots of land for mass housing development in Nigeria through the FMBN, with particular responsibility to provide infrastructure after which allocations are made to the National Housing Fund (NHF) contributors, failed in the payment of their counterpart funding and in the delivery of infrastructure to the project sites and, rather, resorted to offering and selling the estate plots to the highest bidder, contrary to the government policy.”
He counselled the leadership of REDAN to self-regulate its members as part of measures to prevent being used for money laundering and IFFs.
Owasanoye, who was represented by the commission’s Director of Asset Tracing, Recovery and Management, Mr. Adedayo Kayode, urged the leadership of REDAN to introduce the Know-Your-Customer (KYC) principles to its clients to avoid serving as conduit for money launderers and IFFs offenders.
He stated, “It is my position that self-regulation is a way out of this quagmire for the association. REDAN should consciously draw up programmers to build capacity of its members on modern trends in construction and also hold its members to the highest level of ethical standards.
“The association should introduce and enforce high ethical standards for its members, especially, to ensure their processes are not used for money laundering. In this regard, the association may introduce KYC principles.”
The ICPC boss stated that the theme of the AGM, “Enhancing the Real Estate Sector through Effective Regulation and Collaborations,” was in line with the commission’s mandate of partnership and collaboration with relevant institutions towards building a mass mobilisation vanguard in the curbing of corruption and IFFs within the system and the country, generally.
Headlines
Commission, journalists partner to revamp water sector in Kaduna
The Kaduna State Water Services Regulatory Commission (KADWREC) says it is partnering media practitioners towards revamping water services in the state.
Mr Dogara Bashir, the Executive Chairman of KADWREC, disclosed this on Monday at a one-day workshop organised for media practitioners on regulation of ‘Water, Sanitation and Hygiene’ (WASH) activities held in Kaduna.
Bashir said the commission was aware of the importance of the role media practitioners played in the society.
He stated that the workshop was to provide an avenue to liaise with them as important stakeholders on water supply and sanitation services in the state.
Bashir said: “As media practitioners, we believe you are a gateway to the citizens so, the workshop would acquaint you with some of the regulations already in place so that you can in turn transmit it to the public
“The state of water services in Kaduna State is in dire need of attention and the State Water Corporation and KADWREC were established towards addressing the seeming challenges.
“The commission is mandated to ensure better service delivery and regulation of water and sanitation services in the State.
“The idea is that once the regulations are developed, we send them to the State Ministry of Justice to gazette and then we get the state government to endorse and give the go ahead to commence the implementation of the regulations
“We intend to implement them fully come January, 2025 God willing, as we have embarked on advocacy activities having gone to zones 1 and 2 where we talked to traditional rulers, security agencies and the Judiciary.”
He disclosed that a special Court has already been attached to the commission by the Chief Judge of the State for service providers who may likely violate regulations.
The chairman further said that amongst the commission’s objectives include ensuring security, reliability and quality of service in the production and delivery of water to the consumers as well making regulations to control the sinking of boreholes.
Others included; maximising access to water services by promoting and facilitating consumer connections to distribution systems in urban and rural areas.
According to Bashir, they also include ensuring that regulatory decision-making has regards to all the relevant health, safety, environmental and social legislation applying to the water sector.
Bashir further said that the commission collaborate with the relevant state and federal agencies on water policies.
Crime
2 ladies docked for allegedly obtaining money by fraud
The police in Lagos have dragged two women, Mmesuma Ofunna, and Blessing Adimekwe, before an Ojo Magistrates’ Court in Lagos, over alleged obtaining money by false pretence.
Ofunna, 22, and Adimekwe, 25, were arraigned before the Magistrate, Mr L K J Layeni, on a four-count charge bordering on conspiracy, obtaining by false pretence, stealing and conduct likely to breach peace.
They each, however, pleaded not guilty to the charge.
The prosecutor, ASP Simon Uche, told the court that the defendants conspired with others now at large, to commit the offence on Oct. 26 at the Okokomaiko area of Ojo.
He alleged that they had obtained the sum of N70, 000 from one Faith Ahamefule, with a promise not to post her nude photo on social media.
The prosecutor alleged that the defendants later posted the nude photo of the nominal complainant on social media, knowing that their promise was false.
He alleged that they stole the N70, 0000, thereby conducting themselves in a manner likely to breach public peace.
The offence contravenes the provisions of sections 168(d), 287, 314, and 411 of the Criminal Law of Lagos State 2015.
The court granted the defendants bails in the sum of N500, 000 each, with two sureties each in like sum.
He adjourned the case until Jan. 8, 2025 for mention.
Headlines
Driver jailed 6 months for attempting to steal a car
A Jos Magistrates’ Court on Monday, sentenced a 37-year-old driver, Ahmad Umar to six months in imprisonment for attempting to steal a car.
The Magistrate, Shawomi Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge.
Bokkos in his judgment, ordered the convict to pay an option of N30, 000 fine or spend six months in prison.
Earlier, the Prosecutor, Insp Ibrahim Gokwat, told the court that the case was reported on Oct. 10, at the Area Command Police station through a distress call by one Sydney Peacemorie the complainant.
Gokwat said the complainant parked his Toyota RAV4 in front of Access Bank and went inside to carry out some transactions, only to return to find the convict inside his car.
“The convict unlawfully opened the car and was in the driver’s seat when the complainant raised alarm and he was apprehended, but his accomplice escaped.
“The convict was severely beaten by a mob but was rescued by the police,” said Gokwat.
“The prosecutor said that the offence contravened the Plateau Penal Code Law.
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