BUHARI, ABBAS, AKUME, OTHERS AMONG AS WIKE REVOKES ALLOCATION OF 762 FCT LANDOWNERS. (PHOTO).

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 𝐁𝐮𝐡𝐚𝐫𝐢, 𝐀𝐛𝐛𝐚𝐬, 𝐀𝐤𝐮𝐦𝐞, 𝐎𝐭𝐡𝐞𝐫𝐬 𝐀𝐦𝐨𝐧𝐠 𝐚𝐬 𝐖𝐢𝐤𝐞 𝐑𝐞𝐯𝐨𝐤𝐞𝐬 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝟕𝟔𝟐 𝐅𝐂𝐓 𝐋𝐚𝐧𝐝𝐨𝐰𝐧𝐞𝐫𝐬 Nyesom Wike, the Minister of the Federal Capital Territory, has revoked the lands allocated to several prominent Nigerians, including former President Muhammadu Buhari, Speaker of the House of Representatives Tajudeen Abbas, and Secretary to the Government of the Federation George Akume, due to non-payment of Certificate of Occupancy fees. Also, 759 other prominent figures and organisations in Maitama II, Abuja. were also affected by the revocation which was for non-payment of Certificate of Occupancy. This was contained in a publication by the FCT Administration and made available to newsmen by the Special Adviser to the FCT Minister, Lere Olayinka. In a separate publication, the minister also threatened to revoke lands belonging to the Minority Leader of the House of Representatives, Kingsley Chinda; former presidents of the Sena...
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MAURITIUS POLICE ISSUE ARREST ORDER FOR FORMER CENTRAL BANK GOVERNOR. (PHOTO).

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 Mauritius police issue arrest order for former central bank governor


Police in Mauritius have issued an order for the arrest of the Indian Ocean islands' former central bank governor, in connection to an inquiry into a conspiracy to defraud case, Reuters reported.


The action, by the police anti-money laundering unit, is the first significant one from the government of Prime Minister Navin Ramgoolam, who said last week the outgoing government had falsified the country's gross domestic product (GDP), budget deficit and public debt figures for years.


The former central bank governor, Harvesh Kumar Seegolam, was out of the country and would be arrested as soon as he returned, police said in a notice in Mauritius newspapers on Sunday.


They provided no more details on the nature of the case.


In a report issued to parliament, Ramgoolam also accused the central bank of printing money to fund the government's Mauritius Investment Corporation, set up in 2020 to help companies deal with effects of the COVID-19 pandemic.


It was meant to have been funded using the bank's official foreign exchange reserves, Ramgoolam's report said.


"The printing of money by the Bank of Mauritius to fund the MIC was an irresponsible act which has had deleterious effects on the monetary system, the more so that the banking system was already flush with excess liquidity," the report said.

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