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German Chancellor Candidate To Be Grilled In Fraud Probe

German

German chancellor candidate to be grilled in fraud probe

German lawmakers will Monday quiz Finance Minister, Olaf Scholz, the frontrunner in the race to succeed Angela Merkel as chancellor, over an investigation into an anti-money laundering agency overseen by his ministry.

Scholz’s appearance before the German parliament’s finance committee comes less than a week before Germans go to the polls in national elections on September 26.

MPs from opposition parties will have the opportunity to ask Scholz questions via video link after the finance and justice ministries were raided by prosecutors on September 9 as part of a probe into the Cologne-based Financial Intelligence Unit.

The body, part of Germany’s customs authority tasked with tackling money laundering, is suspected of failing to report potential wrongdoing to the relevant authorities.

Merkel’s conservative bloc has seen a steady decline in opinion polls under unpopular candidate Armin Laschet, allowing Scholz’s centre-left Social Democratic Party to grab a late polling lead.

“Nerves at the SPD are shredded” at the prospect that the scandal could have an impact on the party’s poll ratings, according to German weekly Der Spiegel.

But prosecutors are also under scrutiny over the timing of their raids.

The under-pressure conservatives have seized the opportunity to attack Scholz for his involvement in the controversy.

In a televised election debate last Sunday, Laschet said the result of the finance minister’s actions was that “supervision had failed” and accused Scholz of trying to brush the issue under the carpet.

In response, Scholz distanced himself from the unit, saying the raids “had nothing to do with the ministries”, and accused Laschet of asking “dishonest” questions.

Scholz has previously been criticised for the failure of his ministry to heed early warning signs from the payments company Wirecard, which collapsed last year after acknowledging a 1.9-billion-euro ($2.2-billion) hole in its accounts.

The finance minister appeared in front of a parliamentary inquiry into Wirecard earlier this year, where he denied responsibility for the collapse of the company.

On the campaign trail, Scholz has defended his response to Wirecard, saying that he has led an effort to strengthen Germany’s financial watchdog in the aftermath.

“We did what we had to do,” Scholz said when confronted with accusations in a televised debate.

Scholz has also come under fire over Germany’s “cum-ex” tax fraud saga, a complicated share dividend scam that went on for years and is estimated to have cost the state some 5.5 billion euros.
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Presidential Spokesman Ajuri Ngelale Proceeds On Indefinite Leave Of Absence

The Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, has proceeded on an indefinite leave of absence.

Ngelale said the decision was taken after significant consultations with his family over the past days as a vexatious medical situation had worsened.

He made this known in a statement issued on Saturday to the Chief of Staff to the President, Femi Gbajabiamila.

“On Friday, I submitted a memo to the Chief of Staff to the President informing my office that I am proceeding on an indefinite leave of absence to frontally deal with medical matters presently affecting my immediate, nuclear family,” he said.

“While I fully appreciate that the ship of state waits for no man, this agonizing decision — entailing a pause of my functions as the Special Adviser to the President on Media & Publicity and Official Spokesperson of the President; Special Presidential Envoy on Climate Action, and Chairman, Presidential Steering Committee on Project Evergreen — was taken after significant consultations with my family over the past several days as a vexatious medical situation has worsened at home.

“I look forward to returning to full-time national service when time, healing, and fate permit. I respectfully ask for some privacy for my family and I during this time.”

The leave of absence implies that he would temporarily suspend his duties as spokesperson to President Bola Tinubu

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No tenure extension for IGP Egbetokun – Police

The Nigeria Police Force High Command has clarified the rumoured tenure extension for Inspector General of Police, Dr. Kayode Adeolu Egbetokun, stating that there was no extension granted by President Bola Ahmed Tinubu.

Instead, the law governing the tenure of the IGP’s office was properly applied.

This clarification was made in a statement released on Friday in Abuja by the Force Public Relations Officer (FPRO), Assistant Commissioner of Police, Olumuyiwa Adejobi.

The statement reads, “the attention of the Nigeria Police Force has been drawn to various misleading reports and misinterpretations concerning the tenure of the Inspector General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, and wishes to categorically state that what His Excellency, President Bola Ahmed Tinubu, GCFR, approved for the IGP is not an extension of tenure, but rather the proper application of the law governing the tenure of the office of the IGP.

“Contrary to the misinformation being circulated on social media and in the news, an appointment letter in circulation was issued to the IGP shortly after his appointment was confirmed by the Police Council.

This letter, dated 3rd November 2023, clearly stated that the President had approved a four-year tenure for the IGP in accordance with the provisions of Section 215(a) and Section 28(c) of the Third Schedule of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

” It is important to emphasize that the IGP does not need to lobby for any tenure extension as his appointment letter explicitly grants him a four-year tenure from the date of his appointment

“The ongoing circulation of false information is clearly the handiwork of pessimists and mischief makers who are determined to spread baseless narratives against the office and the personality of the IGP for obvious reasons and pecuniary gains.

” Furthermore, the IGP has since been issued with another letter in accordance with the provisions of the Police Act, 2020 (as amended), which supersedes the earlier correspondence.

This clarification is necessary to put an end to the speculations and falsehoods being spread.

” We urge the public to disregard the unfounded reports and to trust that the tenure of the IGP is in full compliance with the laws governing the Nigeria Police Force.

In clear terms, IGP’s tenure of office is not subject to unnecessary debate and should not be a source of perennial distraction to policing system in Nigeria. The law is sacrosanct.”

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EFCC grabs 44 for internet fraud in Kwara

Forty-four (44) suspected internet fraudsters were arrested at different locations in Ilorin, the capital of Kwara State on Friday by the operatives of the Economic and Financial Crimes Commission, EFCC.

Spokesperson for EFCC, Dele Oyewale said in a statement on Friday that the suspects were arrested by the operatives of the Ilorin Zonal Directorate of the EFCC.

“They were arrested on Friday September 6, 2024 at Sango, Kulende, Taxaco and Harmony Estate, all in Ilorin, following credible intelligence over their alleged involvement internet- related offences,” the EFCC spokesperson said.

He listed items recovered from the suspects to include six different brands of exotic cars, laptops, smart phones and charms.

The suspects would be charged to court upon the conclusion of investigations.

The Ilorin Directorate of the anti-graft agency had also arrested 56 suspected internet fraudsters two days ago.

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