SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...
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TIKTOK AGREEMENT EXPECTED TO BE FINALIZED THURSDAY, TREASURY SECRETARY SCOTT BESSENT SAYS. (PHOTO).

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 TikTok agreement expected to be finalized Thursday, Treasury Secretary Scott Bessent says

Treasury Secretary Scott Bessent said Sunday that the TikTok deal announced last month is expected to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.

Bessent, speaking from Kuala Lumpur, Malaysia, where President Trump is on a three-country Asia trip, said the agreement is fully settled and only awaits formal completion by the two leaders at the Asia Pacific Economic Cooperation summit in South Korea. “We reached a final deal on TikTok. We reached one in Madrid, and as of today, all the details are ironed out,” Bessent said. He clarified that he is not involved in the commercial aspects of the deal, but his role was securing Chinese approval, which he said was successfully achieved.

Last month, President Trump signed an executive order allowing TikTok to continue operating in the U.S. under a new corporate structure with American investors. The deal, a “qualified divestiture,” fulfills a law passed by Congress in April 2024 requiring TikTok’s China-based parent company, ByteDance, to divest or face a ban. Enforcement of the law was delayed by 120 days to allow the agreement to be finalized.

The U.S.-based joint venture will be majority-owned and controlled by American investors, with a board dominated by Americans. ByteDance and its affiliates will retain less than 20% ownership. Oracle is among the American investors with a stake in the new entity.

Republican Rep. John Moolenaar of Michigan, chairman of the House China committee, voiced caution over continued Chinese ownership. “As long as the Chinese are involved, I think there’s reason for distrust,” he said, noting concerns about ByteDance’s remaining stake and potential influence from the Chinese Communist Party. He added, however, that he trusts the president is following the bipartisan law to make TikTok accessible to Americans under the new structure.


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