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Can I Still Trade Bitcoin in South Africa Despite SARS Clampdown?

/* custom css */ .tdi_4_78e.td-a-rec-img{ text-align: left; }.tdi_4_78e.td-a-rec-img img{ margin: 0 auto 0 0; } South Africa is one of the countries where the growth, adoption, and use of bitcoin and other cryptocurrencies continue to move at a fast pace. People are looking for how to buy bitcoin now more than ever. However, a lot of crypto traders are facing pressure from the South Africa Revenue Service (SARS) regarding their cryptocurrency investments. This has raised a lot of panic in the South Africa crypto community. Since the main purpose of digital assets is to encourage anonymous P2P transactions anywhere around the globe, they are used by some as a tool to bypass tax. To curtail this, SARS has joined a number of tax bodies around the world in monitoring profits made by crypto tra...

Nigeria police deploy SWAT officers to states

The minister of police affairs, Muhammad Dingyadi, says the officers of the special weapons and tactics (SWAT) team have been deployed to state commands. Mohammed Adamu, former inspector-general of police, had constituted the SWAT team, following the disbandment of the special anti-robbery squad in the wake of the October 2020 EndSARS protests. Speaking when he featured on a Channels Television programme on Friday, Dingyadi said the SWAT officers have concluded their training, and have been posted to the states they were drafted from. “They have ended their training, and they have been posted to the state police commands that brought them for training,” he said. “They are there with them and they are performing these functions of the SWAT.” The creation of the new tactical team had receive...

#EndSARS: Lagos governor extends panel sittings by three months

The governor of Lagos State, Babajide Sanwo-Olu, has extended the tenure of the state’s Judicial Panel on Restitution for Victims of the defunct Special Anti-Robbery Squad (SARS) Related Abuses and Other Matters for another three months. This was disclosed on Tuesday by the panel headed by retired Justice Doris Okuwobi. With the extension the panel had been granted legal backing to six till July 19 instead of the initial deadline of April 19 in its terms of reference. The Lagos Judicial Panel was inaugurated by the Lagos State Governor on October 19 to among other things receive memoranda from concerned members of the public and inquire into cases of abuse, brutality, torture and extra judicial killings by the disbanded Special Anti-Robbery Squad, SARS, in Lagos. Its terms of reference als...

Lagos hospital presents medical records of Lekki tollgate victims

Reddington Hospital Lagos, Saturday produced the medical records of some of the patients it treated following the Lekki toll gate ‘shootings’ of last October 20. One of the hospital’s trauma and orthopaedic surgeons, Dr. Babajide Lawson, presented the case files to the Lagos State Judicial Panel on Restitution for Victims of SARS and the Lekki Tollgate Incident. The Nigerian Army has been accused of opening fire with live bullets on peaceful protesters at the Toll Gate demanding an end to police brutality using the hash tag #EndSARS. Some of the protesters have submitted petitions to the panel alleging that men of the Army’s 81 Division shot at and killed several #EndSARS protesters that night, a claim the Army denied. The Army has, however, shunned further appearance at the panel, without...

Ekiti panel recommends N500,000 compensation for widow of slain SARS officer

The Ekiti State Judicial Panel of Inquiry on Human Rights Violations has recommended payment of N500,000 as compensation to Mrs Ogunleye Ajayi, wife of a murdered officer in the disbanded police Special Anti-Robbery Squad (SARS). The panel, presided over by its chairman, Justice Cornelius Akintayo (Rtd), recommended the payment of the amount at its resumed sitting in Ado-Ekiti on Thursday. Newsmen report that the deceased, Sgt. Musiliu Ajaiyi, was murdered by unknown persons sometime in 2019. Akintayo said the panel established the facts of the case and made appropriate recommendations from the oral and documentary evidence of the complainants, produced through exhibits tendered as well as visits to the scene of the murder. He, therefore, ordered the Nigerian Police Force to investigate th...

Central bank chief to engage governors on pension funds utilization for infrastructure

Bloomberg Mr Godwin Emefiele, the Central Bank Governor, will tomorrow Wednesday, 2nd December 2020, meet with Governors of the 36 states, under the aegis of Nigerian Governors’ Forum, to discuss how to access Pension Funds for Infrastructure Development in the country. Abdulrazaque Bello-Barkindo, Head, Media and Public Affairs of NGF, made this known in a statement made available to newsmen on Monday. According to Bello-Barkindo, the forum will be the 22nd NGF Teleconference meeting which would also seek to evolve a new national security order that will ensure safety of lives and property nationwide. “As part of the effort, beginning at the subnational level, the Forum will be receiving zonal updates on SARS and Internal security at its Wednesday meeting. “Similarly, the Forum will also ...

Widow of slain LASTMA officer prays judicial panel for compensation

Adeyemo Rotimi, widow of Rotimi Oke Adeyemo, a Lagos State Traffic Management Authority (LASTMA) official has prayed the Lagos judicial panel for compensation for the murder of her husband. She stated that she does not have an amount in mind for compensation but wants a scholarship for her children up till tertiary level. According to the widow, her husband was shot dead by Olonde Olakunle, a SARS officer while on duty on 28th November 2018. Her husband’s death clocks exactly two years today. Mrs. Rotimi said upon the death of her husband, she has been left to cater for her children, a twin (3-year-old), and their elder brother (8-year-old). While in tears, the widow said an autopsy was carried out on her husband and it showed he died from a gunshot. Upon cross-examination by the police co...

Lekki shooting: CCTV stopped recording after 8pm – LCC chief

Lekki Concession Company (LCC) has said that CCTV cameras at Lekki Tollgate stopped working at 8p.m. on Oct. 20, the day military men alleged shot at unarmed #EndSARS protesters. Managing Director of LCC, Mr Abayomi Omomuwasi, made the disclosure while testifying during proceedings of Lagos #EndSARS Judicial Panel on Tuesday. Led in evidence by his lawyer, Mr Rotimi Seriki, Omomuwasi said that the cameras stopped working due to network issues. “We never tampered with the surveillance camera, that is why we have footage until 8 p.m. when it stopped recording. “It was around 8.p.m. that we did not get any CCTV recording. It stopped recording because of network issues with the system. “The major cause is that we have the network that connects our cameras together at Ikoyi Link Bridge, Chevron...

Governor Bello: Disbandment of SARS dampened police morale

Kogi State Governor, Yahaya Bello, has said the disbandment of the Special Anti-Robbery Squad of the Nigeria Police Force dampened the spirits of police officers across the country. The governor was reacting to the nationwide violence and looting by hoodlums in the aftermath of the #EndSARS protests. Many Nigerians have wondered why rampaging hoodlums are having a field day destroying lives and properties in the country despite the presence of security operatives. There have been reports of hoodlums overpowering police officers to burn down police stations and other infrastructure they guard. Speaking on Channels Television’s Sunrise Daily programme on Tuesday which was monitored by newsmen, Bello explained that the pronouncement by the Inspector-General of Police, Mohammed Adamu, affected...

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