President Muhammadu Buhari has appointed Major-General Farouk Yahaya as the new Chief of Army Staff.
This is according to a statement signed and released on Thursday by military spokesperson Brigadier-General Onyema Nwachukwu.
Prior to his appointment Major-General Yahaya was the General Officer Commanding 1 Division of the Nigerian Army and the incumbent Theatre Commander of the Counter terrorism Counter Insurgency military outfit in the North East code named Operation HADIN KAI, the statement said.
His appointment comes days after the immediate past army chief, Lieutenan-General Ibrahim Attahiru died in a Kaduna air-crash along with 10 other military officials.
In his response to the incident, President Buhari had described the late officers as “heroes who paid the ultimate price for peace and security in the land.”
They were buried last Saturday at the National Military Cemetery in Abuja.
Major-General Yahaya’s appointment comes as the country continues to battle several security challenges, including but not limited to an insurgency in the North-East, banditry in the North-West, secessionist agitations in the South-East and Fulani-Herdsmen crises across the Middle-Belt and several South-West states.
A ‘Distinguished’ Officer
The new COAS was born on January 5, 1966, in Sifawa, Bodinga Local Government Area of Sokoto state.
He is a member of the 37 Regular Course of the prestigious Nigerian Defence Academy (NDA).
Major-General Yahaya started his cadet training on 27 September 1985 and was commissioned into the Nigerian Army Infantry Corps on 22 September 1990.
He has held several appointments including Staff, Instructional and Command.
Notable among the appointments held by the new COAS are Garrison Commander Headquarters Guards Brigade, Directing Staff at the Armed Forces Command and Staff College (AFCSC), Deputy Director Army Headquarters Department of Military Secretary, Deputy Director Army Research and Development and the Chief of Staff, Headquarters Joint Task Force Operation Pulo Shield.
He also served as the Principal General Staff Officer (PGSO) to the Honourable Minister of Defence, the Commander, Headquarters 4 Brigade and 29 Task Force Brigade (Operation Zaman Lafiya), Director Manpower at the Army Headquarters, Military Secretary, Army Headquarters and General Officer Commanding (GOC) Headquarters 1 Division of the Nigerian Army.
Major-General Yahaya is also a proud holder of several honors and awards, some of which include: Forces Service Star, Meritorious Service Star, Distinguished Service Star, Grand Service Star, Passed staff course (Dagger), National Defence Course (Chile), Economic Community of West Africa State Monitoring Group Medal, Command Medal, Field Command Medal, General Operations Medal, Silver Jubilee Medal and Golden Jubilee Medal.
He is happily married and blessed with children.
Crypto is a danger to world economy, tool for money laundry- EFCC Boss
Advancement in digital assets such as cryptocurrencies increasingly portends huge risks to the world economy, the chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said.
This, according to Bawa, is partly because, many criminals now play significant roles in crypto-currency markets. He said the virtual currencies had become their preferred mediums of exchange.
Bawa spoke while delivering his keynote address Monday at the 38th Cambridge International Symposium on Economic Crime, themed, ‘Economic Crime-Who pays and who should pay?’
The event was organised by the Centre for International Documentation on Organised and Economic Crime (CIDOEC), Jesus College, University of Cambridge, United Kingdom.
EFCC’s spokesperson, Wilson Uwujaren, who captured some highlights of the event in a statement, quoting Bawa as saying, “The developments in new technologies and the growth of cryptocurrencies portrays a far greater danger to the world economy than ever before with many criminals playing significant roles in crypto-currency markets.
“Criminals now elect to transact or receive illegal monies (such as ransom money) for
cyber-attacks in cryptocurrencies with Bitcoins and Ethereum as the most commonly used mediums for these exchanges.”
He lamented that “the sophistication and complexity that defines the dynamics of economic crime in the 21st Century continues to evolve, spurred by technological advancement in the global economy that has become borderless and transnational.”
This he said had “inevitably led to the prioritisation of law enforcement action on crimes that drive Illicit Financial Flows (IFFs) across the globe”.
‘No nation is immune’
According to the EFCC Boss, “economic crimes which are largely illegal acts committed for private gain affect the vital structures of global economies, causing significant damage to the Global Financial System and depriving developing nations of the needed resources for sustainable development”.
He noted that developed countries are not immune to the scourge, which, according to him, has “magnified with the proliferation of cyber-crimes which threatens the stability of Global Financial Institutions.”
Bawa said the platform of the event provided an opportunity to interrogate the challenges of economic crimes.
“As the victims of crime continue to suffer globally from the effects of financial crimes, either directly or indirectly as part of a social system, the determination of who pays or who should pay becomes a critical measure of the criminal justice system in place.”
He underlined the imperatives of an impartial judiciary in ensuring that “the perpetrators of acts and not the victims pay for their crimes.”
The Central Bank of Nigeria (CBN) had barred commercial banks and other financial institutions from transacting with cryptocurrency in fear of the risks it poses to investments and the economy at large.
Despite these actions, there have been reports over the use of these digital or virtual currencies such as Bitcoin and Ethereum and others, with criminals turning it to a haven to launder proceeds of corruption, fraud, drug trafficking, and other heinous crimes.
PRecall that last month that the United States Department of Justice training over 50 Nigerian investigators and prosecutors to tackle cryptocurrency-enabled organised crimes.
Efforts to fight crypto-related crimes
While highlighting some of the transparency and accountability achievements of the current administration by President Muhammadu Buhari, Bawa pointed out that the EFCC, as the rallying point in the fight against economic crimes in Nigeria, has recorded important milestones in investigations, prosecutions and assets recovery.
“Since its establishment in 2003, the Commission has recorded no less than 3,500 convictions and recovered assets of significant value including properties in Nigeria, the UK, USA, and the UAE. All these have measurably contributed to the national efforts against economic crimes in Nigeria,” he said.
The EFCC charged participants to come up with practical solutions to curb the international threat of economic crimes.
Meanwhile, the chairperson of the symposium, Saul Froomkin, thanked the EFCC boss for his insightful presentation, and the support received from Nigeria in organising the event.
Participants at the symposium were drawn from law enforcement and security agencies, accountability institutions and partners across the world.
SuperTV CEO: Lagos DPP to charge Chidinma Ojukwu, two others
A Yaba Chief Magistrates’ Court in Lagos State has adjourned to sept 29, further hearing in the murder of Usifo Ataga, the Chief Executive Officer of Super TV.
A 21-year-old student, Chidinma Ojukwu and one Adedapo Quadri were again presented. before the Chief Magistrate, Adeola Adedayo on Monday after they were ordered to be remanded for thirty days at the Kirikiri Correctional Centre last month.
Police Prosecutor, Cyril Ejiofor, informed the court that the Lagos State Directorate of Public Prosecution had issued a legal advice on the case, recommending their trial for murder which implies that the case will now be heard at the high court of Lagos state which has jurisdiction to hear matters of this nature
She, however, adjourned the case to await further Information from the DPP as to the status of the case at the high court that will now hear the matter.
The News Beat also gathered that the Lagos State Director of Public Prosecutions, Olayinka Adeyemi, recommended the release of four persons who are also standing trial at the Magistrate court for obstruction of justice and dishonestly receiving stolen belongings of the deceased .
The four persons are Babalola Disu, Olowu Ifeoluwa, Olutayo Abayomi, Nkechi Mogbo, Ojukwu Onoh, who is said to be Chidinma’s adopted father.
One Egbuchu Chioma who was allegedly found in possession of the deceased’s iPhone 7, and who had initially refused to release the phone on demand, is however to continue her trial.
Omoyele Sowore’s younger brother shot dead
Sahara Reporters Publisher and ex-presidential candidate, Omoyele Sowore, has narrated how kidnappers shot dead his brother in the Okada area of Edo State on Saturday.
According to him, Olajide was killed in the early hours of Saturday on his way from the Igbinedion University where he was studying Pharmacy.
Sowore, in a tribute on his Facebook page, described his deceased brother who almost clocked 50 as an “out-of-the-box thinker”
He wrote, “My immediate younger brother, Olajide Sowore was today shot and killed near Okada in Edo state by reportedly herdsmen /kidnappers on his way from Igbinedion University in Edo sate where he is studying Pharmacy.
“They snuffed out the life yet another real human being!
“Rest In Power, “Dr. Mamiye!”
“This act in itself will not delay their day of justice.
“I travelled widely with you and our father as a little kid. You were the most loved robust kid I ever first knew. You, Mr. magnet had no enemy!
“You, Mr. Sunshine Foundation who made everyone happy.
“You, the boy who snuck out his older ones to parties, taking all the blames when our disciplinarian father found out.
“You, the guy who was an out-of-the-box thinker who decided school wasn’t for you and created you own genre of music and then turned around to go to school after you almost turned 50!
“You lived your life so that everyone could be alright but now assassinated by everything that’s not alright!
“Saddest day yet!”
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