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ENDSARS

#EndSARS: Nigerian army says they are unhappy that Sanwo-Olu denied inviting them

The Nigerian Army has expressed its disappointment at the denial of the Lagos State Governor for soldiers to be at the Lekki toll plaza.

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Boko Haram: A protracted battle yet to be won?    , Insecurity: On the rise again

The Nigerian Army said they are not happy that the Lagos State Governor, Babajide Sanwo-Olu, denied inviting them to help restore law and order at the Lekki Tollgate, during the #EndSARS protests.

According to Channels, this disclosure was made by the Commander of the 81 Military Intelligence Brigade, Brigadier Ahmed Taiwo, on Saturday, November 14, 2020, while making an appearance at the Judicial Panel of Inquiry set up by the state government to investigate cases of police brutality. He also presented videos as part of the evidence of the widespread violence that engulfed the state.

He said that there has been a lot of misinformation about the incident which were mostly targeted at the Nigerian army.

Brigadier Taiwo said, “The Nigerian army was not happy about two things. The first is his (Governor Sanwo-Olu’s) denial that he asked us to intervene when in actual fact, it was the proper thing to do. He called the Chief of Army Staff and the GOC 81 division and asked for intervention because the police had been overrun.

I’m sure that after we have watched everything, we have seen that he had reasonable grounds to ask the army to intervene.”

Although the Lagos state governor is yet to make any categorical statement on who ordered the deployment of the army or even the shootings at the Lekki Tollgate, the army commander reemphasized their earlier position that officers were only deployed on the orders of the state government.

What you should know

It can be recalled that Babajide Sanwo-Olu expressed regret and shock at the shooting incident at the Lekki Tollgate and during an interview, said that the governors do not control the rules of engagement of the Nigerian army and attributed the unfortunate incident to forces beyond his control.

The Nigerian army who initially denied that their officers were involved at the Lekki Tollgate incident, later recanted and admitted they were there but only at the request of the state governor. They also denied shooting live bullets at the protesters.

The judicial panel which was set up about 3 weeks ago, is expected to look at all reported cases of police brutality so as to ensure justice for the victims and also to look at the Lekki shooting incident and unravel the circumstance that surrounds it.

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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Business

ICPC Chairman reveals #EndSARS protests was financed with cryptocurrency

ICPC Chairman has revealed to the Nigerian Senate that the #EndSARS protest was largely funded with cryptocurrency.

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School feeding, ICPC, FIRS moves to stop tax evasion with newly launched intelligence system 

The Chairman of Independent Corrupt Practices and Other Related Commission (ICPC), Bolaji Owasanoye has revealed to the Nigerian Senate that the #EndSARS protest was largely funded with cryptocurrency.

This is as he said there are strong indications that it could be used to fund Insurgency in the country.

According to a report from Vanguard, this disclosure was made by the ICPC Chairman, during an interactive session with Senate Joint Committee on Banking, ICT, Cybercrime and Capital Market led by Senator Uba Sani on Tuesday, February 23, 2021.

READ: ICPC uncovers N9.8 billion Government money hidden in Aso Savings

The Joint committee was mandated to look at the decision of the Central Bank of Nigeria (CBN) to ban Cryptocurrency in Nigeria.

The ICPC boss while supporting the position of the CBN, said that the nature of operations of Cryptocurrency exposes it to money laundering and terrorism financing.

Meanwhile, the Nigerian Financial Intelligence Unit (NFIU) has said that the agency averted a $3million fraud linked to 20 bank accounts.

READ: ICPC moves against NDDC top management over corruption allegations, quizzes directors

Owasanoye further explained that the anti-graft agency currently has a number of cases linked to Cryptocurrency but is unable to track the suspects.

He brought the attention of the Senate to a period in 2018 when a number of globally rated financial institutions said their financial statements had been hacked with the perpetrators asking to be paid in Cryptocurrencies.

ICPC Chairman noted that the CBN as a regulator has the responsibility to ensure sound financial stability and it will be difficult to achieve in the case of Cryptocurrencies where the players are anonymous.

While sharing the experience of the Indian Supreme Court and how it ruled and admitted that it does not know what it is, he urged the Lawmakers to as a matter of urgency, take decisive action against Cryptocurrencies.

READ: Most powerful financial leader takes side with CBN, says Bitcoin is untrustworthy

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What you should know

  • It can be recalled that the CBN had directed the financial institutions to immediately close the accounts of such persons or entities transacting in or operating cryptocurrency exchanges, warning of severe regulatory sanctions in the event of any breach of the directive.
  • The apex bank warned the Deposit Money Banks, Non-Financial Institutions and other Financial Institutions against doing business in crypto and other digital assets.
  • The latest directive is coming after the CBN had in 2018 stated that cryptocurrencies are not legal tender and as such are illegal.

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ENDSARS

#OccupyLekkiTollGate: Lagos Attorney-General explains large police presence at Lekki toll gate

Lagos Attorney-General has stated that the State does not support the abuse of peaceful protesters.

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The Lagos State Attorney-General, Moyosore Onigbanjo says that the reason for large numbers of policemen at the Lekki toll gate during Saturday’s protest was to prevent the protest from getting hijacked by hoodlums.

The Attorney-General of the State disclosed this in an interview with Channels TV on Sunday evening.

“Our duty is to face the dictate of the law.

“The state does not derive any joy from seeing people brutalized, but we must ensure that we have a society where law and order prevails and where everyone is free and secure to go about their businesses.

“Your right to protests only extends to where the other person’s freedom of association starts,” Onigbanjo said.

READ: #EndSARS: Sanwo-Olu presents Buhari report on Lagos destruction by hoodlums

He added that the State Government wanted to prevent any problems during the protests, citing Covid-19 regulations preventing the mass gathering of people and hoodlums hijacking the protests.

“I believe that was the desire of the state government yesterday that people can protests, but think about the Covid-19 regulations, the existing laws.

“We cannot afford the sort of vandalism we saw before, the state was genuinely apprehensive that hoodlums might take over a peaceful protest, we have seen this before. And that was why the police came out in large numbers that this did not degenerate the last time,” he added.

READ: #EndSARS: Freezing of accounts may trigger further protests – Tunde Bakare

What you should know 

Nairametrics reported over the weekend that Officers of the Nigerian Police Force arrested #OccupyLekkiTollGate protesters at the Lekki toll gate on Saturday morning.

This was confirmed by multiple media images and videos on social media, showing the protesters being arrested and loaded inside police trucks and van, popularly known as Black Maria.

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