AKPABIO URGES SOUTH EAST TO SHUN ARMED STRUGGLE, EMBRACE PEACE FOR DEVELOPMENT. (PHOTO).

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Senate President Godswill Akpabio has appealed to the people of the South East to sustain peace and prevent their youth from engaging in armed struggle against the Federal Government. Akpabio made the plea on Saturday during the funeral of Sir Albert Ikechukwu Nnamani, former Administrative Secretary of the defunct Oil Mineral Producing Area Development Commission (OMPADEC), held in Ikem, Enugu State. In a statement made available to journalists in Abuja, Akpabio emphasised that development can only thrive in a peaceful atmosphere and urged Ndigbo to properly mentor the younger generation. “For Ndigbo, I want to plead with you to continue to maintain the peace and watch the youth of today. They don’t understand politics. They don’t understand development. You can only have development in an area of peace,” Akpabio said. He warned that any attempt to wrest power or assert independence through armed struggle would fail, stating that “State power will always overwhelm you.” The Senate Pre...
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ALLEGED $9.6B P&ID SCAM: EFCC TENDERS MORE EVIDENCE AGAINST KORE HOLDINGS.(PHOTO).#PRESS RELEASE

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 Alleged $9.6b P&ID Scam : EFCC Tenders more Evidence against Kore Holdings


 


The Economic and Financial Crimes Commission, EFCC  on Wednesday, April 2, 2025 tendered additional evidence against Kore Holdings Limited before Justice J. O. Abdulmalik of the Federal High Court Abuja.


The Commission is prosecuting the company alongside Muhammed Kuchazi (now deceased) in connection with the Process & Industrial Development, P&ID fraud portfolio on amended four-count charges that border on non-compliance with Federal Ministry of Industry, Trade and Investment requirements, money laundering and other illegal acts.


At Wednesday’s proceedings, Second Prosecution Witness, PW2, Umar Umar, while being led in his testimony by prosecution counsel, Bala Sangha, advanced eleven documents which were tendered in evidence in court. They include, a letter of request to Corporate Affairs Commission, CAC, letter of request to Special Control Unit against Money Laundering, SCUML, extra-judicial statements of Kuchazi which he voluntarily made to the EFCC, statements of other directors of the company: Mustapha Kuchazi, Bello Kuchazi, Belkisu Kuchazi, Aisha Kuchazi and statement of PW1, Temitope Erinomo.


 


The witness, while disclosing that Kore Holdings Limited was not a liquidated entity but was active and did businesses in Nigeria, submitted that “The status of Kore Holdings Limited through our investigation and interaction with Corporate Affairs Commission, CAC and First Bank of Nigeria Limited revealed that there was no evidence to show that it was liquidated or closed up because the documents showed that the company is active. 


“Kore Holding Limited and Muhammed Kuchazi continually facilitated meetings between Rilwanu Lukman, the then Minister of Petroleum and the Process and Industrial Developments, P&ID for a fee of three per cent of the net profit of P&ID project which led Kuchazi to testify against the Federal Republic of Nigeria in the High Court of England and Wales in the matter of Nigeria Vs P&ID in the first quarter of 2023 in which judgment was delivered in favour of Nigeria,” he said.


Justice Abdulmalik adjourned the matter till September 24, 2025 for continuation of trial.

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