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UK police seize $249.5 million worth of cryptocurrency
The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...
Anambra guber: I’m not President Buhari’s anointed aspirant – Dozie Madu
An All Progressives Congress (APC) aspirant for the forthcoming Anambra State governorship election, Hon Dozie Madu, has dismissed speculations that he has been anointed by President Muhammadu Buhari. Speaking after picking the declaration of interest and nomination form at the APC National Secretariat in Abuja on Monday, he said that he is comfortable with any mode of primaries approved by the party’s national leadership. Asked to substantiate the claims that he is anointed by the President, he said: ‘I don’t understand what you mean. How can the President give a governorship aspirant a ticket? It is the people, I disagree with you, it is false. If you look at my dossier, you should know that I can’t involve myself in this kind of thing.’ On how he can do better compared to other former g...
Southwest APC governors call for the re-evaluation of party’s constitution
Ogun State Governor, Prince Dapo Abiodun, has stressed the need for the continuous re-evaluation of the Constitution of the All Progressives Congress (APC) to reflect its democratic tendencies, where members practice and ensure internal democracy. Governor Abiodun, who stated this at the APC Constitution Review (South West Stakeholders Meeting) held at the June 12 Cultural Centre, Abeokuta, noted that it was time to tinker with the Constitution to make the party more potent and acceptable to the people. He said, “It is important that we come together to appraise ourselves as members of this great party, and, even look critically at the structure of our party. This will give us the opportunity to evaluate the journey so far. It is a period of self-examination”. “In doing this, the Constitut...
Abia governor condemns sudden rise in violent crime
File Photo Governor Okezie Ikpeazu of Abia State has strongly condemned the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of the State. The Governor in a statement released via his Twitter account on Saturday also lamented the recent spike in attacks on POS vendors in Aba. Ikpeazu, who condemned seriously the turn of events in the state, charged the law enforcement agencies to dominate all affected spaces around Isuikwuato axis and decisively combat the rising surge of crime there. He, however, expressed confidence that the law enforcement agencies will apprehend the culprits and ensure the concerned localities are rid of crime. “I acknowledge with sadness the sudden rise in violent crime around a bad spot before Akara Junction in Isuikwuato LGA of ...
Nigerian government says 300,000 mass housing scheme strictly for low income earners
The Federal Government says its Social Housing Programme, one of the components of the National Economic Sustainability Plan (NESP), is targeted at low income earners. Imeh Okon, Senior Special Assistant to the President on Infrastructure, who made this clarification on Tuesday in Abuja, said the scheme was not meant for politicians or highly placed persons. The 300,000 social housing programme is a component of the NESP designed by the Vice President Yemi Osinbajo-led committee constituted by President Muhammadu Buhari to cushion the effects of COVID-19 on Nigerians. She explained that one of the objectives of the administration was to provide houses for citizens across the country. Okon said that the houses would be durable and of high quality not minding the low prices. “It is a social ...
Senator Lawan: Fresh mass protests inescapable if…
Senate President Ahmad Lawan has warned that Nigeria may not escape another mass demonstration in the mode of #EndSARS protest if the Federal Government fails to effectively address youth unemployment. Lawan gave the warning in Abuja yesterday at the 2021 budget defence of the Ministry of Agriculture. He urged the government to take practical steps in its 2021 budget to meaningfully engage the youths. “Our budget, especially for 2021, should be mindful of what we do to provide employment opportunities for these youths. “They demonstrated. They protested because they could do so. There are so many other people who may not be youthful but are also in the same need and they didn’t protest. “Let’s meet them where they are. We don’t have to wait until they also try to grumble or protest. We sho...
Premier: India set to mass produce COVID-19 vaccine, launches digital health mission
India is ready to mass produce COVID-19 vaccines when scientists give the go-ahead, Prime Minister Narendra Modi said in his Independence Day speech on Saturday. Modi made the revelation while also launching a national project to roll out health identities for each citizen. In annual celebrations, held at the 17th-century Red Fort and scaled down due to the pandemic, Modi identified health and economic self-reliance as the key priorities for his government. “Not one, not two, as many as three coronavirus vaccines are being tested in India,’’ he said from the ramparts of the red sandstone palace in the old quarters of Delhi. He was wearing a flowing orange and white turban and covering his mouth and nose with a scarf of the same colours whenever anyone came close to him at the ceremony. “Al...
Presidency: No discrimination against any state
File Photo The Presidency says no state will suffer any such discrimination in dealing with security and all other matters on account of their political differences with the government at the centre. Presidential spokesman, Garba Shehu, said this in a statement issued to announce a massive plan by the Ministry of Defence to launch “Operation Accord” in the North West and North Central States. Shehu said the plan, whose arrangements had been concluded, was a major military exercise aimed at flushing out insurgents from the contiguous states of Kaduna, Niger, Katsina, Zamfara, Sokoto and parts of Kebbi State. He said while Tuesday’s Senate resolution was “perfectly in order”, it was important to state that, in his duty as Commander-in-Chief, President Muhammadu Buhari had already approved th...
Twitter: Donald Trump ban permanent, even if he runs for office again
Former President Donald Trump will not be returning to Twitter at any point in the future, according to the company’s chief financial officer. In an interview with CNBC’s Squawk Box program on Wednesday, Twitter CFO Ned Segal said that running for public office again would not reverse the ban the company handed out to Trump in the aftermath of the US Capitol riot on January 6th. The question is relevant considering Trump’s ongoing impeachment trial. A central question in the trial is whether Democrats can bar Trump from running for president again in 2024 or seeking other public office. Regardless of the outcome, the @realDonaldTrump will still remain suspended for good, Segal said. “The way our policies work, when you’re removed from the platform, you’re removed from the...