Insightful talk by Dimitris Achlioptas from the world's reputable TEDX conferences.
transfer (4)
The Nigeria Police have commenced the transfer of some of its officers in the South-East in an effort to combat the increasing spate of violent crimes in the zone. The News Agency of Nigeria,in Awka, on Monday, gathered that the transfers affected mainly officers in Anambra and Abia States commands because of the rampant cases of kidnapping in the areas.
Police Public Relations Officer in Anambra, Emeka Chukwuemeka, confirmed that the transfers had started, but said he could not ascertain the number of officers transferred from the state. “The exercise is ongoing and involves officers, who have spent five years and above in one location,” he said.
A police source, who asked not to be named, said that policemen who had stayed long in the states were either abetting crime or sabotaging the efforts of the command. The source said that in Anambra alone, more than 3,000 officers and men were affected by the transfer to other states, including Sokoto and Borno. “More than 500 senior police officers are also affected,” he said...
WASHINGTON DC —A REPORT on former Vice President, Atiku Abubakar was presented to the United State’s Senate yesterday.
The US Senate report which showed how funds were transferred on behalf of the former number two citizen showed that: “From 2000 to 2008, Jennifer Douglas, a U.S. citizen and the fourth wife of Atiku Abubakar, former Vice President and former candidate for President of Nigeria, helped her husband bring over $40 million in suspect funds into the United States, through wire transfers sent by offshore corporations to U.S. bank accounts.”
The report said: “In a 2008 civil complaint, the U.S. Securities and Exchange Commission, alleged that Ms. Douglas received over $2 million in bribe payments in 2001 and 2002, from Siemens AG, a major German corporation.
“While Ms. Douglas denies wrongdoing, Siemens has already pleaded guilty to U.S. criminal charges and settled civil charges related to bribery and told the Subcommittee that it sent the payments to one of her U.S. accounts.
In 2007, Atiku Abubakar was the subject of corruption allegations in Nigeria related to the Petroleum Technology Development Fund.
“Of the $40 million in suspect funds, $25 million was wire transferred by offshore corporations into more than 30 U.S. bank accounts opened by Ms. Douglas, primarily by Guernsey Trust Company Nigeria Ltd., LetsGo Ltd. Inc., and Sima Holding Ltd.
“The U.S. banks maintaining those accounts were, at times, unaware of her PEP status, and they allowed multiple, large offshore wire transfers into her accounts. As each bank began to question the offshore wire transfers, Ms. Douglas indicated that all of the funds came from her husband and professed little familiarity with the offshore corporations actually sending her money. When one bank closed her account due to the offshore wire transfers, her lawyer helped convince other banks to provide a new account.
“In addition, two of the offshore corporations wire transferred about $14 million over five years to American University in Washington, D.C., to pay for consulting services related to the development of a Nigerian university founded by Abubakar.
“American University accepted the wire transfers without asking about the identity of the offshore corporations or the source of their funds, because under current law, the University had no legal obligation to inquire.
