PERU POLICE RAID FORMER ELECTION CHIEF PIERO CORVETTO’S HOME AMID INVESTIGATION INTO ALLEGED ELECTION IRREGULARITIES. (PHOTO).

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 Peru police raid former election chief Piero Corvetto’s home amid investigation into alleged election irregularities Peru’s National Police raided the home of former election chief Piero Corvetto on Friday as part of a widening investigation into alleged irregularities surrounding the country’s April 12 general election. The probe includes accusations such as aggravated collusion, improper appointment of officials, false statements in administrative procedures, and delays or refusal to carry out official duties. Authorities also carried out searches at 12 properties tied to former officials from the National Office of Electoral Processes and a legal representative of the company responsible for distributing election materials. Investigators were additionally authorized to review both institutional and personal email accounts linked to those under scrutiny. The raid came two days after Corvetto stepped down as head of the electoral agency amid growing political and legal pressure t...
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AGF DENIES FG'S INVOLVEMENT IN FIRST HOLDCO SHARE ACQUISITION. (PHOTO). #PRESS RELEASE.

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STATEHOUSE PRESS RELEASE


AGF denies FG's involvement in First Holdco Share Acquisition


We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First Holdco) shares were transferred to the Federal Government of Nigeria's (FGN) trustee. 


The report is inaccurate, misleading, resentful and malicious.


Neither the Federal Government of Nigeria nor the Attorney General of the Federation and Minister of Justice participated in acquiring the shares in question. 


The Office of the Attorney General of the Federation and Minister of Justice debunks this falsehood to prevent confusion or misconceptions about First Holdco's ownership and governance. 


The circumstances surrounding the shareholding structure are distinct from any government involvement. 


However,  it is aware of a trustee set up by the First Holdco, with the CBN approving Stanbic IBTC to oversee it as a third party. 


We urge the media to exercise restraint, professionalism, and due diligence in carrying out their duties to avoid violating the law.


We assure the public of continuous commitment to the promotion of the Rule of Law, Justice, equity, accountability, transparency and service to the nation by the administration of President Bola Ahmed Tinubu.


Kamarudeen Ogundele,

S A to the President on Communication and Publicity,

Office of the Attorney General of the Federation and Minister of Justice 

July 18, 2025

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