- ‘ Cases of rape rise to 84% in Nigeria’
- Dana air crash update: 23 aircrash victims’ families yet to receive compensation
- Mimiko inaugurates new Mother & Child hospital today
- N4.56b pension scam: Female accused hospitalised,trial stalled
- Construction workers hail FG’s decision on Lagos-Ibadan expressway
- Senate adjourns plenary for 1 week, dissolves to Appropriation committee.
- Blackout looms as Egbin power plant breaks down
- FMBN, NEXIM, BOA, IB lose N47bn in 6 months - CBN
- FirstBank wins Nigerian Bank of the Year award
- PDP tackles ACN over Tukur’s comments
- Electricity workers threaten strike over Wamakko
- ‘NDIC prosecuted 55 directors, staff of micro finance banks in 2011’
- Judgment in Oni’s appeal stalled, re-fixed for Jan 8
- Slain banker: Deceased had only 3 wounds -Accused’s father
- Appointments: S/West not marginalised —FCC
FUEL SUBSIDY SCAM: Adoke, Okonjo-Iweala disagree over trial of culprits
The Attorney-General of the Federation (AGF) and Minister of Justice, Mohammed Adoke, in a statement, declared that the culprits would not be prosecuted by the government based on the report of the House of Representatives ad hoc committee, while Dr (Mrs) Ngozi Okonjo-Iweala, the Minister of Finance and Coordinating Minister for the Economy, at another forum in Abuja, stressed that those indicted would be punished to serve as deterrent to others.
Adoke, reacting to calls for the prosecution of those allegedly indicted in the report of the House of Representatives ad hoc committee on fuel subsidy regime, in a statement on Thursday, stated that the government would need relevant agencies to conduct necessary investigations before it could commence the prosecution.
According to the AGF, “government must be guided by the dictates of the rule of law and due process as required of any democratically elected and responsible government. In this regard, the need to ensure that thorough investigations are carried out by relevant law enforcement agencies cannot be overemphasised.”
Even as the House of Representatives, in a unanimous vote, approved all the recommendations of the report, the AGF noted that the exercise carried out by the legislature is “mainly fact finding.” He further pointed out that the report of the ad hoc committee and the resolutions adopted by the House of Representatives, were yet to be transmitted to the executive arm of government.
“Nevertheless, when the report and accompanying resolutions are received, the relevant law enforcement and anti-corruption agencies will commence the tedious process of sieving through the report, with a view to assembling all the essential ingredients required to sustain criminal charges that may be filed as a result of such investigations,” he added.
Lack of evidence
Referring to recent failure recorded by the anti-corruption agencies in the trial of some corrupt allegations, Adoke stated that “experience has shown that whenever our law enforcement agencies are stampeded to arraign suspects, the end result is usually the discharge of such suspects by the courts, ostensibly for want of evidence.
“Nigerians must, therefore, allow our law enforcement agencies to conduct painstaking investigations that will ultimately satisfy the standard of proof required in criminal cases.”
He, however, admitted that the allegations contained in the subsidy probe report deserved serious action on the part of all those with oversight responsibility over the agencies and persons concerned.
He urged Nigerians to have faith in the processes being undertaken and to patiently wait for the outcome of the investigations and subsequent prosecutions that may flow from the fuel subsidy probe and also the ongoing probe by the Senate.
Divert attention
Adoke also reached out to the Save Nigeria Group (SNG) that had given the government a two-week ultimatum to commence the prosecution of all those indicted in the report, else it would call for a nationwide protest.
The AGF stated that the threat to embark on demonstrations and strike would only “compound the problem and divert attention, as well as the energy that would otherwise have been channelled into productive use by law enforcement agencies.”
Adoke reiterated gov-ernment’s commitment to anti-corruption, as he recalled the president’s initial reaction to the report of the fuel subsidy probe, saying that “any person found wanting will be prosecuted, irrespective of the person’s standing in the society.”
He, therefore, enjoined all Nigerians who are concerned about the revelations from the fuel subsidy probe report to be “patient and exercise restraint while these difficult but essential processes are carried out by appropriate agencies.”
Adoke added that “as Attorney-General of the Federation, I swore to uphold the constitution and I am, therefore, not oblivious of the constitutional responsibility placed on my shoulders to ensure that those who contravene our laws are held accountable through the legal process.”
But Dr Okonjo-Iweala, speaking on Thursday at the ministerial press briefing marking President Goodluck Jonathan’s one year in office, in Abuja, said though the Federal Government was yet to receive the report of the probe, the culprits would be punished to deter others.
She said apart from the probe into the oil sector by the National Assembly, the Ministry of Finance had undertaken a self cleansing initiative ordered by President Jonathan, which led to the sack of the auditors engaged by the ministry.
Okonjo-Iweala, who said the threat of resignation if fuel pump price was not kept at N141 per litre was a rumour, added that it was the handiwork of people who wanted her out of the way.
Disclosing that she was not contemplating resigning as a minister, Okonjo-Iweala said “I dey kampe. I am going nowhere. We will not allow it.”
Defending the inability of the Federal Government to pay civil servants early enough at month ends, the minister attributed it to effort to curb ghost workers, which had saved about N14 million for government so far.
Meanwhile, the Speaker of the House of Representatives, Alhaji Aminu Tambuwal, on Thursday said the House would follow up on the recommendations of the ad hoc committee on the probe of fuel subsidy.
Tambuwal made the promise when the organised labour paid him a visit in Abuja, saying that the House would continue to make laws for the good of the country.
Earlier, Mr Abduwaheed Omar, president of the Nigeria Labour Congress (NLC), had said the organised labour was in support of the House in the fuel subsidy probe.
“We want to assure you that the organised labour will be behind you. We want the report to be taken to its logical conclusion; all those culprits must be brought to book,” he said.
Also, Mr Peter Esele, president of the Trade Union Congress (TUC), urged the National Assembly to ensure that those indicted in the fuel subsidy report were prosecuted.
According to Esele, sovereignty of the Nigerian people resided in the National Assembly.

written by francis cole, May 04, 2012
written by Omamuyovwi, May 04, 2012
written by Emeka K Duru, May 04, 2012
written by Michael Idemudia, May 04, 2012
In my view, its clear that Adoke, the Justice minister, is systematically delaying the persecution of those indicted in the report of the house of representative. consequently, president Goodluck should tender him a resignation letter. Otherwise, the masses should peacefully take to street to demand Adoke's resignation since has has brazenly opted to defend the interest of criminals against national interest
written by desale, May 04, 2012
written by anthony obi, May 04, 2012
written by Dr. Gberindyer, Fidelis, May 04, 2012
written by Dapo Sebastian, May 04, 2012
written by eze israel, May 04, 2012
THANKS
written by Stanley O, May 04, 2012
written by 'ezi, May 04, 2012
written by Hameed Aluede, May 04, 2012
written by ife, May 04, 2012
written by papa, May 04, 2012
written by OLUSOLA OYENIYI, May 04, 2012
written by Andy Anderson, May 04, 2012
written by Abdul Abuja, May 04, 2012
Some 24-hours after an online news website, ireports-ng.com, published details of Mr. Adoke’s multi-million dollars in secret bank accounts, Nigeria's controversial attorney general admitted to another website that he in fact owns accounts in the banks reported by the website.
Mr. Adoke told Pointblanknews that he indeed owns the accounts, but claimed the deposits in the said accounts were not up to the amounts published by Ireports-ng.
“I have accounts with FCMB and Diamond Banks. I have a salary account with Intercontinental Bank and these are the only accounts I have been operating since I was appointed Attorney-General,” he told Pointblanknews.com. Then he added: “But the accounts in the said banks are far, far lower than the figures they are peddling.”
But the minister’s attempt to understate his staggering cash holdings has triggered more
revelations of his financial shenanigans. iReports.ng has released more devastating
information about Mr. Adoke’s ties to and financial involvement with several companies
that have ripped Nigerians off in fuel subsidy scams.
The site reported that some of Mr. Adoke's close allies, infuriated with his despicable
role to put down the on-going nationwide strike in the country, have provided documents
that lay bare the minister's stupendous wealth hidden in over 25 blue chip companies in
Nigeria – including firms that have reaped fraudulent profits from the contentious oil
subsidy funds.
A rundown of the documents made available to ireports-ng.com reveal that Mr. Adoke is
a major investor in Oando Oil, a firm that gulped down more than N228 billion out of the
N1.4 trillion shared by about 100 oil marketers between January and August, 2011. The
website’s investigation indicated that the Justice Minister owns an investment of about
N1.5 billion in Oando Oil PLC.
Other documents also show that Mr. Adoke has a major investment stake in Eterna Oil
which raked in about N5.57 billion from the fuel subsidy bonanza. In addition to N1 billion investment in Eterna, the minister also has N2 billion tucked in a company called
Novasys Ltd.
A top-level political source in Abuja who is close to President Goodluck Jonathan told
SaharaReporters today that the attorney general’s cozy relationship with some of the oil
marketers was the reason the government has refused to pursue the option of prosecuting
fraudulent profiteers who have cheated Nigerians of hundreds of billions of naira in the
name of fuel subsidy.
“Mohammed [Adoke] and others in government are getting their share of the subsidy
funds – and that’s why nobody is talking about trying those defrauding the system,” said
the source.
Mr. Adoke’s corrupt deals also extend to the banking, telecommunications and real estate
sectors. Reliable informants reveal that the minister has extensive investments in major
banks in the country. Some of them include about N400 million in Oceanic Bank; N200
million in UAC properties; about N20 million in Guaranty Trust Bank; about N360
million in Access Bank; about $400,000 US dollars in MTN; about N1 billion in Japaul Oil & Maritime; about N15 million in Bank PHB; about N100 million in First Bank; about N20 million in FCMB, and about N6 million in Unity Bank PLC.
Saharareporters had earlier exposed Mr. Adoke’s central role in pushing the Central
Bank of Nigeria to pay a businessman and associate of the minister an outrageous sum to
purchase a NITEL property that the businessman had bought cheap from the government.
Following our earlier report about the minister’s bank accounts, a source in one of the
banks revealed that Mr. Adoke had initiated moves to deplete his funds in the bank.
Other sources disclosed that Mr. Adoke owns more than 30 luxury vehicles that he has
purchased in the last three years alone. In addition he owns several landed properties in
Abuja. A source in the Ministry of Justice told SaharaReporters “it is well known that
the minister collects money, cars and cash from individuals and corporations on whose
behalf he subverts the course of justice.”
Saharareporters has consistently revealed that Mr. Adoke has distinguished himself as
one of the most fraudulent and corrupt ministers in the Jonathan regime. His immersion
in corruption follows a trend set by disgraced former Attorney General Michael Aondoakaa.
written by Abdul Abuja, May 04, 2012
Some 24-hours after an online news website, ireports-ng.com, published details of Mr. Adoke’s multi-million dollars in secret bank accounts, Nigeria's controversial attorney general admitted to another website that he in fact owns accounts in the banks reported by the website.
Mr. Adoke told Pointblanknews that he indeed owns the accounts, but claimed the deposits in the said accounts were not up to the amounts published by Ireports-ng.
“I have accounts with FCMB and Diamond Banks. I have a salary account with Intercontinental Bank and these are the only accounts I have been operating since I was appointed Attorney-General,” he told Pointblanknews.com. Then he added: “But the accounts in the said banks are far, far lower than the figures they are peddling.”
But the minister’s attempt to understate his staggering cash holdings has triggered more
revelations of his financial shenanigans. iReports.ng has released more devastating
information about Mr. Adoke’s ties to and financial involvement with several companies
that have ripped Nigerians off in fuel subsidy scams.
The site reported that some of Mr. Adoke's close allies, infuriated with his despicable
role to put down the on-going nationwide strike in the country, have provided documents
that lay bare the minister's stupendous wealth hidden in over 25 blue chip companies in
Nigeria – including firms that have reaped fraudulent profits from the contentious oil
subsidy funds.
A rundown of the documents made available to ireports-ng.com reveal that Mr. Adoke is
a major investor in Oando Oil, a firm that gulped down more than N228 billion out of the
N1.4 trillion shared by about 100 oil marketers between January and August, 2011. The
website’s investigation indicated that the Justice Minister owns an investment of about
N1.5 billion in Oando Oil PLC.
Other documents also show that Mr. Adoke has a major investment stake in Eterna Oil
which raked in about N5.57 billion from the fuel subsidy bonanza. In addition to N1 billion investment in Eterna, the minister also has N2 billion tucked in a company called
Novasys Ltd.
A top-level political source in Abuja who is close to President Goodluck Jonathan told
SaharaReporters today that the attorney general’s cozy relationship with some of the oil
marketers was the reason the government has refused to pursue the option of prosecuting
fraudulent profiteers who have cheated Nigerians of hundreds of billions of naira in the
name of fuel subsidy.
“Mohammed [Adoke] and others in government are getting their share of the subsidy
funds – and that’s why nobody is talking about trying those defrauding the system,” said
the source.
Mr. Adoke’s corrupt deals also extend to the banking, telecommunications and real estate
sectors. Reliable informants reveal that the minister has extensive investments in major
banks in the country. Some of them include about N400 million in Oceanic Bank; N200
million in UAC properties; about N20 million in Guaranty Trust Bank; about N360
million in Access Bank; about $400,000 US dollars in MTN; about N1 billion in Japaul Oil & Maritime; about N15 million in Bank PHB; about N100 million in First Bank; about N20 million in FCMB, and about N6 million in Unity Bank PLC.
Saharareporters had earlier exposed Mr. Adoke’s central role in pushing the Central
Bank of Nigeria to pay a businessman and associate of the minister an outrageous sum to
purchase a NITEL property that the businessman had bought cheap from the government.
Following our earlier report about the minister’s bank accounts, a source in one of the
banks revealed that Mr. Adoke had initiated moves to deplete his funds in the bank.
Other sources disclosed that Mr. Adoke owns more than 30 luxury vehicles that he has
purchased in the last three years alone. In addition he owns several landed properties in
Abuja. A source in the Ministry of Justice told SaharaReporters “it is well known that
the minister collects money, cars and cash from individuals and corporations on whose
behalf he subverts the course of justice.”
Saharareporters has consistently revealed that Mr. Adoke has distinguished himself as
one of the most fraudulent and corrupt ministers in the Jonathan regime. His immersion
in corruption follows a trend set by disgraced former Attorney General Michael Aondoakaa.
Like Mr. Aondoakaa, who was close to former Supreme Court Justice Aloysius Katsina-
written by yeye nigeria, May 04, 2012
written by akobe, May 04, 2012
written by north face coat online, November 01, 2012
More Headlines
- ‘ Cases of rape rise to 84% in Nigeria’
- Dana air crash update: 23 aircrash victims’ families yet to receive compensation
- Mimiko inaugurates new Mother & Child hospital today
- N4.56b pension scam: Female accused hospitalised,trial stalled
- Construction workers hail FG’s decision on Lagos-Ibadan expressway
- Senate adjourns plenary for 1 week, dissolves to Appropriation committee.
- Blackout looms as Egbin power plant breaks down
- FMBN, NEXIM, BOA, IB lose N47bn in 6 months - CBN
- FirstBank wins Nigerian Bank of the Year award
- PDP tackles ACN over Tukur’s comments
- Electricity workers threaten strike over Wamakko
- ‘NDIC prosecuted 55 directors, staff of micro finance banks in 2011’
- Judgment in Oni’s appeal stalled, re-fixed for Jan 8
- Slain banker: Deceased had only 3 wounds -Accused’s father
- Appointments: S/West not marginalised —FCC


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