News
What shame did to suspended SGF, NIA boss at Villa
SGF David Babachir and Nigeria Intelligence Agency’s DG Ayodele Oke, both suspended yesterday for different misconducts, were short of words when journalists confronted them yesterday at Aso Rock.
The duo were supposed to meet Vice-President Yemi Osinbajo to discuss issue surrounding the $50 million unearthed at Ikoyi, Lagos, last week, and the presidential panel reports that probed Babachir earlier.
But it was Babachir only that was able to meet the vice president.
Oke, while trying to avoid journalists, darted about villa as security aides prevented him from taking the VP exit gate and that of the service chiefs.
Neither of them could say anything to the press.
Presidential spokesperson Femi Adesina, on Wednesday, said the president ordered an investigation into the allegations of violations of law and due process made against Babchir in the award of contracts under the Presidential Initiative on the North East, PINE.
The President also ordered a full-scale investigation into the discovery of large amounts of foreign and local currencies by the Economic and Financial Crimes Commission, EFCC, in a residential apartment at Osborne Towers, Ikoyi, Lagos, over which the National Intelligence Agency, NIA, has made a claim.
“The investigation is also to enquire into the circumstances in which the NIA came into possession of the funds, how and by whose or which authority the funds were made available to the NIA, and to establish whether or not there has been a breach of the law or security procedure in obtaining custody and use of the funds.
Oke had earlier explained the fund was meant for a covert operation in the last administration.
But sources said his wife Folashade had been couriering sackloads of money into the luxury apartment all along.
-
Football1 week agoPremier League releases 2026/27 festive fixtures, 7 matches set for Boxing Day
-
Crime7 days agoAnambra Police arrest mother over alleged child sexual exploitation
-
Business6 days agoJetour Nigeria, dealers take dashing, other models to Abuja Experience
-
Business7 days agoDangote Refinery IPO shifts spotlight to corporate governance, investor protection
-
Business3 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business4 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business7 days agoNaira gains ground as Euro holds around N1,548, reserves hit 18-year high


