MACRON URGES EU FIRMS TO HALT U.S. INVESTMENTS OVER TARIFFS. (PHOTO). 6

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  MACRON URGES EU FIRMS TO HALT US INVESTMENTS OVER TARIFFS French President Emmanuel Macron has called on European companies to suspend planned investments in the United States following President Donald Trump’s announcement of sweeping global tariffs on American imports. Speaking with French industry leaders on Thursday, Macron described the tariffs as “brutal and unfounded”, warning that Europe must respond strategically, sector by sector. He hinted at retaliatory measures, including the anti-coercion mechanism and potential actions targeting digital services and US financial systems, stating that Europe’s response would be stronger than its previous reaction to US steel and aluminum tariffs.
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EFCC SECURES FINAL FORFEITURE OF N774M,LUXURY APARTMENTS LINKED TO EX- ACCOUNTANT GENERAL OTUNLA,FADILE. (PHOTO).#PRESS RELEASE.

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EFCC Secures Final Forfeiture of N775m, Luxury Apartments Linked to Ex- Accountant General, Otunla, Fadile

The Economic and Financial Crimes Commission, EFCC, on Monday, November 21, 2022, secured the final forfeiture of the sum of N775,000,000.00, (Seven Hundred and Seventy-five Million Naira), and three properties located at No. 8 Ajay Crowther Street, Asokoro, Abuja; a Plot of land at Plot 1960 Cadastral Zone A05 Maitama District, FCT, Abuja; a Hotel which is under construction with generating set, located at Plot 621, Road 37, Gwarimpa, FCT, Abuja and a twin 4 bedroom duplex with guard quarters located at Plot 736, 7th Avenue Gwarimpa, FCT, Abuja, before Justice D.U. Okorowo of the Federal High Court, Abuja.

The money and properties are the product of illicit activities of a former Accountant General of the Federation Jonah Otunla and Colonel Bello Fadile, aide to former National Security Adviser, Col. Sambo Dasuki.

Moving a motion for the final forfeiture of the assets today, Counsel to the EFCC, Christopher Mshelia, informed the court that the assets recovered by the Commission in the course of investigating contract fraud in the Office of the National Security Adviser (ONSA) under Sambo Dasuki, were proceeds of the unlawful activities Colonel Bello Fadile and Mr. Jonah Otunla.

The N775, 000,000.00 (Seven Hundred and Seventy-five Million Naira) was refunded by Otunla and Otunba Ade Adelakun (late) during the investigation, whilst the landed properties sought to be forfeited are “reasonably suspected to be proceeds of an unlawful activity received, retained, concealed and converted by the respondents from the office of the National Security Adviser to the President”.

The Commission had on July 20, 2020 secured an interim forfeiture order on the assets and also published the Order of the court on August 11, 2022, in Thisday Newspaper, for the respondent to show cause why the money and properties should not be permanently forfeited to the Federal Government.

Justice Okorowo in granting the final forfeiture, stated that the court was satisfied with the evidence before it and ordered the final forfeiture of the assets to the Federal Government of Nigeria.

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