TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...

ALLEGED N2BN FIRS' FRAUD: HOW ETETA ITA DIVERTED FIRS' FUNDS TO HER PRIVATE SCHOOL- WITNESS. (PHOTO). #PRESS RELEASE.


 Alleged N2bn FIRS’ Fraud:  How Eteta Ita Diverted FIRS’ Funds to Her Private School- Witness


A Prosecution Witness, PW6, in the ongoing trial of the Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS, Emmanuella Eteta Ita, on Monday, March 18, 2024, told Justice Giwa Ogunbanjo of the Federal High Court in Abuja, how Ita siphoned and diverted large sums of money meant for Stakeholders’ assignments to her private school, Surestart School Ltd.

Ita ran Surestart School Ltd while serving as the Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS.


The witness,  Ijeoma Maltida,  while giving her testimony  during a cross-examination by defense counsel, Paul Erokoro, revealed that the first defendant,  Ita,  undertook some Stakeholders’ assignments and  the funds meant for the projects  were traced into her account with the payment narration.  Investigations showed that the same funds were sent directly into the account of the second defendant, Surestart School Ltd.

“When she came to our office, we took her statement, we were cordial with her, and she was treated very well with utmost respect. While she was with us for reconciliation, she started bringing documents, and she also opted to pay back for some reconciliation she could not account for. She said in her statement that she will pay back the money, I don’t know where she got the money from, and so far, she has refunded about N17million, though she told us that she benefited about N5million from the program", she said. 

 

“I don’t know the standard practice of sourcing for funds before asking for reimbursement, and it is not within the scope of our investigation. All I know is that she undertook some of the stakeholders' events, and we saw that those monies that came from FIRS went directly into the account of the second defendant, and the description was that the assignment was not done”, she said.


According to Matilda, “She said the vendors that were supposed to do the events have given their evidence in court and testified that the receipts didn’t come from them. She further claimed that those receipts were given to her by one Daniel, who was a staff of FIRS.


Testifying further,  she said,  “we were told he was late and we demanded for the death certificate which was given to us. We requested for his account details and we discovered he was also a beneficiary. We wrote to FIRS, UBA, System Spec, and invited everyone involved in this matter and everything we have here are as a result of our investigations," she said.


After the cross-examination, Justice Ogunbanjo  adjourned the matter till March 20, and 21, 2024, for continuation of trial.

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