TRUMP ISSUES PARDON TO FORMER REPUBLICAN CONGRESSMAN STEPHEN BUYER AFTER INSIDER TRADING CONVICTION. (PHOTO).

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Trump issues pardon to former Republican congressman Stephen Buyer after insider trading conviction    President Donald Trump has issued a full pardon to former Republican congressman Stephen Buyer, who served nearly two years in prison after being convicted of insider trading tied to post-congressional consulting work. Buyer was sentenced in 2023 to 22 months in prison for illegal stock trades made while working as a consultant and lobbyist. He was ordered to forfeit more than $350,000 in ill-gotten gains and pay a $10,000 fine. He was released from custody in 2025 after his conviction was upheld, with the Supreme Court declining to take up his appeal earlier this year. In issuing the pardon, Trump described Buyer’s service as a judge advocate general in the U.S. Army and his time in Congress as “distinguished and highly productive.” The pardon, dated Thursday and released by the White House on Friday, grants Buyer “a full, complete, and unconditional pardon.” Buyer has maint...
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ICPC INVITES ALIKO DANGOTE TO PROVIDE EVIDENCE IN PROBE OF FORMER NMDPRA CHIEF FAROUK AHMED. (PHOTO).

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 ICPC Invites Aliko Dangote to Provide Evidence in Probe of Former NMDPRA Chief Farouk Ahmed


The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited billionaire businessman Aliko Dangote to appear before its investigators or send a representative to formally adopt and substantiate his petition alleging corruption against Farouk Ahmed, the immediate past Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).


Sources within the ICPC confirmed that Dangote is expected to attend on Monday, December 22, or be represented by his lawyer, Ogwu Onoja (SAN). The commission has established a special panel of senior investigators to handle the case, with preparations reportedly completed and the panel approved by ICPC Chairman Dr. Musa Adamu Aliyu (SAN).


The petition, submitted on December 16, accuses Ahmed of living beyond his legitimate means by allegedly spending over $7 million on the education of his four children at elite schools in Switzerland. Dangote further alleged that Ahmed engaged in economic sabotage by issuing import licenses for petroleum products, purportedly in collusion with international oil traders, undermining Nigeria's local refining capacity.


Despite Ahmed's recent resignation from the NMDPRA, ICPC officials stated that the investigation will proceed, emphasizing its public interest implications. "The resignation does not halt the probe," a  source said, adding that Dangote must provide supporting documents and evidence. Once the petition is formally adopted, Ahmed will be invited to respond.


The ICPC assured a fair and unbiased process under the Corrupt Practices and Other Related Offences Act, with potential penalties of up to five years imprisonment upon conviction.


This development follows escalating tensions between Dangote Refinery and the NMDPRA earlier in 2025 over regulatory issues, including fuel quality standards and import licenses. The allegations remain under investigation, with no charges filed yet.

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