MAGNITUDE 5.5 EARTHQUAKE STRIKES EASTERN EGYPT. (PHOTO)

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 Magnitude 5.5 earthquake strikes eastern Egypt A magnitude 5.5 earthquake shook eastern Egypt early Monday, prompting authorities to activate response plans, although there were no immediate requests for emergency help. The tremors were felt across a wide area, waking residents across Cairo and reaching as far as El-Arish near Egypt's border with the Gaza Strip. The quake struck about 40 kilometres north of the city of Suez at 3:00 am (0000 GMT), according to Egypt's National Research Institute of Astronomy and Geophysics, which revised an earlier estimate of 5.2.
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ALLEGED N33. 8BN MANBILLA PROJECT FRAUD: PROCEEDS USED TO PURCHASE ABUJA PROPERTIES- WITNESS. (PHOTO). #PRESS RELEASE.

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 Alleged N33.8bn Manbilla Project fraud: Proceeds used to Purchase Abuja Properties- Witness


 Abubakar Kweido,   First Prosecuting witness, PW1 in the trial of a former Minister of Power,  Saleh Mamman,  on Wednesday, October 9, 2024 told a Federal High Court sitting in Abuja before Justice James Omotosho that he former minister  allegedly used funds from the Mambilla Hydro project's account to purchase Abuja properties.


The Economic and Financial Crimes Commission, EFCC is prosecuting  Mamman on a 12 -count charge bordering on conspiracy to commit money laundering  to the tune of N33,804,830,503.73 (Thirty-Three Billion, Eight Hundred and Four Million, Eight Hundred and Thirty Thousand, Five Hundred and Three Naira, Seventy-Three Kobo). 


During Wednesday’s  proceedings,  Kweido, an operative of the EFCC while being led in evidence by prosecution counsel,  Olumide Fusica, SAN said investigation activities showed that some funds released to the former minister were used to purchase properties in Kado Estate and Wuse 2, Abuja.


“We invited and presented the findings of the investigation to the minister, which he acknowledged and responded to in the presence of his lawyer. He denied connection to all the alleged properties, stating that one Maisbahu Idris who was his Personal Assistant usually received money from the Project Accountant of the Mambilla Hydro project to share with his staff in the ministry.


“We  went ahead to conduct a search in the minister`s house and we recovered some foreign currencies in cash. We also recovered CAC documents of Abangus Nig. Ltd whose investigation revealed that the company was one of the entities used by the minister to facilitate the diversion of funds from the project account of Mambilla”, he said.


Payment Vouchers for Bangus Nig. Ltd and Exhibit Form for some cash recovered at his residence were tendered and admitted in evidence.


Justice Omotosho adjourned the matter to October 23, 2024 for continuation of trial.

 

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