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Nairaland Forum / Nairaland / General / Politics / Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches (13572 Views)
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Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Nobody: 3:14am On Aug 17, 2019 |
ABUJA – The Abuja Division of the Federal High Court, on Friday, froze six separate bank accounts that were linked to the former Governor of Zamfara State, Abdulazeez Yari, following an ex-parte motion that was filed by the Federal Government. Abdulazizi Yari The court, in a ruling that was delivered by Justice Taiwo Taiwo, ordered interim forfeiture of funds that comprised of both foreign and local currencies, which FG said was traced to the immediate past governor by the Independent Corrupt Practices and Other Related Offences Commission, ICPC. While Naira and Dollar accounts in Zenith and Polaris Banks, respectively, were opened and operated in Yari’s name, the four other accounts were operated in the name of two firms, Kayatawa Nigeria Limited and B. T. Oil and Gas Nigeria Limited. The court ordered that ex-govenor Yari or anyone with vested interest in the accounts, must within 14 days, appear to show cause why the funds which the ICPC described as stashed loot, should not be permanently forfeited to the government It directed FG to publish the interim order in a national daily, within the next seven days. The court granted all the reliefs FG sought in the motion ex-parte marked FHC/ABJ/CS/916/2019, which was moved by ICPC’s lawyer, Mr. Osuobeni Akponimisingha. Justice Taiwo adjourned the matter till September 11. Specifically the court granted prayers for: “An order of interim forfeiture of the sum of N12, 912, 848.68 (Twelve Million, Nine Hundred and Twelve Thousand, Eighty Hundred and F orty-Eight Naira, Sixty-Eight Kobo), being proceeds of some unlawful activity allegedly stashed in Zenith Bank Plc with account number: 1001381684 in the name of Abdulazeez Abubakar Yari. “An order of interim forfeiture of the sum of $56, 056.75 (Fifty-Six Thousand, Fifty-Six Dollars, Seventy-Five Cents), being proceeds of some unlawful activity allegedly stashed in Polaris Bank with account number: 21 10000928 in the name of Abdulazeez Abubakar Yari. “An order of interim forfeiture of the sum of N11, 159, 674.17 (Eleven Million, One Hundred and Fifty-Nine Thousand, Six Hundred and Seventy-Four Naira, Seventeen Kobo), being proceeds of some unlawful activity allegedly stashed in Zenith Bank Plc with account number: 1010757436 in the name of Kayatawa Nigeria Limited. “An order of interim forfeiture of the s.um of $301, 319 99 (Three Hundred and One Thousand, Three Hundred and Nineteen Dollars, ninety-nine cents), being proceeds of some unlawful activity allegedly stashed in Zenith Bank Plc with account number: 5360050304 in the name of Kayatawa Nigeria Limited. “An order of interim forfeiture of the sum of N217, 388.04 (Two Hundred and Seventeen Thousand, Three Hundred and EightyEight Naira, Four Kobo), being proceeds of some unlawful activity allegedly stashed in Zenith Bank Plc with account number; 1012556798 in the name of B.T. Oil and Gas Nigeria Limited. “An order of interim forfeiture of the sum of $311, 872.15 (Three Hundred and Eleven Thousand, Eight Hundred and Seventy-Two Dollars, fifteen cents), being proceeds of some unlawful activity allegedly stashed in Zenith Bank Plc with account number: 5364669609 in the name of B.T. Oil and Gas Nigeria Limited. “An order restraining any person or persons, whether human, juristic or artificial, not to part with, deal with, deal in or otherwise dispose of such property or any part thereof the following accounts: Abdulazeez Abubakar yari-1001381684«, Kayatawa Nigeria Limited-1010757436 (Naira Account), Kayatawa Nigeria Limietd-5360050304 (Dollar Account), B.T. Oil and Gas Nigeria Limited-1012556798 (Naira Account) and B.T. Oil and Gas Nigeria Limited-5364669609, all domiciled with Zenith Bank Plc and Abdulazeez Abubakar yari21 10000928, Polari Bank, pending the determination of the matter. “An order of this Honourable Court directing Zenith Bank Plc to fix the alleged proceeds of crime in the aforesaid accounts in an interest yielding account pending the Respondents show cause why the funds should not be forfeited to the Federal Government of Nigeria. As well as, “An order of this Honourable Court directing Polaris Bank Limited to fix the alleged proceeds of crime in the aforesaid account in an interest yielding account pending the Respondents show cause why the funds should not be forfeited to the Federal Government of Nigeria”. In a supporting affidavit that was deposed to by Iliya Markus, an officer of the ICPC, he told the court that investigation revealed that Yari had two days before the expiration of his tenure in May 27, received N350m that was paid into his account by the Permanent Secretary Cabinet Affairs of Zamfara State, aside his salary. He said the amount was transferred the next day by Yari to EFAB Properties Limited. The deponent told the court that though Yari had from 2011 to 2019, used the account to draw his salaries, he however received additional N10m from the Zamfara State Ministry of Finance on August 4, 2011. He told the court that Yari had on April 7, 2011, deposited $40m in cash, into the account of the 2nd Respondent, Kayatawa Nigeria Ltd, which had zero balance before he became governor. ICPC said analysis of the firm’s account further revealed that Yari deposited the sum of $90m cash in 13 tranches. “That on June 27, 2011, the 1st Respondent also deposited the sum of $50, 000.00 (Fifty Thousand Dollars) in cash into the account of the 2nd Respondent. “That one Zayyanu Abubakar deposited the sum of $180, 000. 00 (One Hundred ‘Eighty Thousand Dollars) into the account of the 2nd Respondent between August and September, 2017″. It said analysis revealed that N150m was transferred to the account of the 3rd Respondent, B. T. Oil and Gas Nigeria, from the Nigeria Governors Forum on June 18, 2015, while Yari served its Chairman. He was said to have withdrawn N100m from the account on July 18, 2015. “That the alleged funds in the accounts of the Respondents in the aforementioned banks are proceeds of some unlawful activities carried out by the Respondents against the Government and good people of Zamfara State and by extension the Federal Government of Nigeria. “That the alleged funds are far above the legitimate earnings of the Respondents. That there is nothing to show that the Respondents legitimately earned the various found in their respective bank accounts. “That I know of a fact, and it is now of public knowledge, that the activities of the Respondents, more particularly, the 1st Respondent has become a daily occurrence amongst State Governors in Nigeria. “That the applicant has commenced a thorough investigation activities around the Respondents to x-ray other facts which are likely to be more shocking and ground breaking. “That from investigation findings, the 1st Respondent failed to declare his directorship of Kayatawa Nigeria Limited with the Code of Conduct Bureau, CCB. “That some of the properties allegedly declared with the CCB as owned by 1st Respondent are far above what his legitimate income can afford. Meet Zenith Bank’s Ebenezer Onyeagwu GMD/CEO(Opens in a new browser tab) “That the Applicant herein, is taking further steps to investigation the alleged properties purportedly declared with the CCB by the 1st Respondent in order to ascertain the propriety or otherwise of same”, FG added. Read more at: https://www.vanguardngr.com/2019/08/why-court-freezed-yari-s-6-bank-accounts/ 1 Like 2 Shares |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Nobody: 3:38am On Aug 17, 2019 |
David Cameron was right again 12 Likes 4 Shares
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Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by saheedbadmus(m): 4:55am On Aug 17, 2019 |
If our so called leaders don't kill us who will... imagine... ahh yari abi kilon peh ehhh in short zamfara pep must yari konle and demand for this man arrest .. dis so called leaders av embezzled the masses future and even the masses children future 8 Likes 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by TOPCRUISE(m): 4:57am On Aug 17, 2019 |
If you dig deeper into the lives of many of these politicians and celebrities you will find that they got their wealth through fraud and cybercrimes. It is when they make it through this channels that they turn to social media influencers while some enter politics. Embarrassingly some will establish companies employing graduates and paying them peanuts. 32 Likes 3 Shares |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Emilo(m): 4:57am On Aug 17, 2019 |
Its a pity that all what we citizens can do is come on social media and laugh. Our collective wealth is hijacked by these people, all we can do is joke abt PDP and APC... 45 Likes 5 Shares |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Nobody: 4:57am On Aug 17, 2019 |
This is too much. 1 Like 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by mummyz(m): 4:58am On Aug 17, 2019 |
The so called leaders as finish this country for coming generations. 2 Likes |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Dozie32(m): 5:00am On Aug 17, 2019 |
We no go fail exam this semester (bet9ja must surely pay us this semester) Amen! |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Mutemenot(m): 5:00am On Aug 17, 2019 |
I have always known there's no way to make billions in naija without involving corrupt practices... 12 Likes |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by MANNABBQGRILLS: 5:09am On Aug 17, 2019 |
Damn it |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Nobody: 5:10am On Aug 17, 2019 |
saheedbadmus:The average Nigerian Governor loots at least $50 million dollars. And you have some that go for a billion dollars that rule oil rich states or Lagos such as the bullion van master 19 Likes 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by GreenArrow1(m): 5:26am On Aug 17, 2019 |
This is just disgusting to read. Why this level of greed? 7 Likes 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by israelmao(m): 5:34am On Aug 17, 2019 |
Stainless and saint APC governor can't do that there is a mix-up somewhere. 1 Like 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by straighttalk(m): 5:38am On Aug 17, 2019 |
Just the beginning |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Onyenna(m): 5:42am On Aug 17, 2019 |
Ghen-ghen!! |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by SoNature(m): 5:49am On Aug 17, 2019 |
The Blackman is the devil's incarnate! That's why the Blackman plays the role of Satan while a white man plays the role of Jesus Christ. The Black Africans are a cursed people! May God forbid this level of greed! 18 Likes 3 Shares |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by 1stbest(m): 5:55am On Aug 17, 2019 |
What are they doing with all this money. why hunger is killing peoples in this country ![]() 3 Likes |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by TooMuchStuff: 5:55am On Aug 17, 2019 |
Another BuhariApC boy whose only Sin was not delivering Zamfara to APC bites the dust. If only he had done what Al-Makura of Nasarawa state did, there won't be any Icpc on him in the first place. Yeye gofment 9 Likes 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Almaiga: 6:02am On Aug 17, 2019 |
And some IPOB terrorist will say, President Buhari's Corruption fight is one sided. Yari is one of Buhari's loyalist, yet the Government is procecuting him for Corruption. The President is for nobody, but for everybody. God bless Buhari. 4 Likes
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Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Jarus(m): 6:03am On Aug 17, 2019 |
Did they swear for Nigerian politicians to loot everything lootable? 11 Likes 2 Shares |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by OhiOfIhima: 6:05am On Aug 17, 2019 |
Emilo: The people shouldn't be blame for because we live in a lawless country that has no freedom of expression. our right has been jeopardized and has no meaning to the elites.. Ordinary protest tag "Revolution" by Sowore has put the man in detention for two weeks now, so why wouldn't the people afraid. Nigeria is in God's hand. 1 Like |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by IamaNigerianGuy(m): 6:06am On Aug 17, 2019 |
Almaiga: Shut your mouth. Where is the grasscutter ? 9 Likes 1 Share |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by BIGGIE121(m): 6:10am On Aug 17, 2019 |
This greedy politicians go wreck this country one day, |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Nobody: 6:13am On Aug 17, 2019 |
Almaiga: 12 Likes
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Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by crackhouse(m): 6:17am On Aug 17, 2019 |
And our youths are busy cursing and fighting themselves online defending them because of tribal and religious sentiments. 8 Likes |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Josskute(m): 6:19am On Aug 17, 2019 |
Yet they keep blaming Buhari for everything. How can this country grow with this level of corruption? 90 million, pure wickedness. 6 Likes |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by Burgerlomo: 6:25am On Aug 17, 2019 |
Habaaa! A whole $90 million dollars these rogues no dey fear God. 1 Like |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by helinues: 6:26am On Aug 17, 2019 |
Apc, very funny party Selective in prosecution |
Re: Firm Linked To Yari Deposited The Sum Of $90m Cash In 13 Tranches by very4tune8: 6:27am On Aug 17, 2019 |
Nigerian Politicians ain't gat joy at all... $90m... Haaa... By one person and this couldn't have been all ooo. Like 32 billllioonnn Nera... O my God! 2 Likes |
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