The Nation-June-8-2011

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Nigeria’s truly national newspaper

News IG Ringim hands over six gunboats to Lagos Police P5 Sport Argentina seeks rematch to settle scores with Eagles P24 Business NNPC goes tough, to flood outlets with kerosene P15 http://www.thenationonlineng.net

VOL. 6, NO. 1784 WEDNESDAY, JUNE 8, 2011

TR UTH IN DEFENCE OF FREEDOM TRUTH

N150.00

N9b contracts: Bankole faces 16-count charge EFCC opens ex-Speaker’s trial today Bankole urges court to protect his rights

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ORMER Speaker Dimeji Bankole will be arraigned today before a Federal High Court in Abuja for alleged mismanagement of about N9billion, it was learnt yesterday. He will be arraigned before Justice Donatus Okorowa. The N9billion was allegedly spent on split contracts, including the pur-

THE CHARGES Bankole and other principal officers were said to have approved contracts for the purchase of various items at inflated prices. Besides, they allegedly refused to follow due process under the Public Procurement Act. The contracts include: •400 units of 40-inch Samsung TV sets at N525,000 each instead of N295,000 •800 units of HP Compaq Desktop Computers at N330,000 each instead of N160,000 •100 units of Sharp Digital Copier 5316 at N270,000 each instead of N160,000 •400 units of HP Laserjet at N150,000 instead of N60,000 •Two units of Range Rover Bullet-proof vehicles •Two units of Range Rover vehicles without bullet-proof •Three units of Mercedes Benz S-600 cars •400 units of DSTV Systems From Yusuf Alli and Kamorudeen Ogundele, Abuja

chase of two Range Rover bullet-proof vehicles; two Range Rover vehicles (without bullet proof); three Mercedes Benz S-600 cars; 400 units of DSTV systems; 400 television sets; 800 units of desktop computers; 100 units of Sharp Digital Copier; and 400 units of HP LaserJet 2600N.

The Economic and Financial Crimes Commission (EFCC), which filed a 16count charge against Bankole, alleged that most of the purchases were contrary to Sections 17 to 56 of the Public Procurement Act No.14 of 2007. Besides, said the agency, some of the alleged actions are contrary to Section 58(4) (e) of the Public Procurement Act, No.14 of 2007 and pun-

ishable under Section 58(5) of the same Act. The ex-Speaker will be prosecuted by a private counsel, Mr. Festus Keyamo. But the arraignment of Bankole is the first phase of a three-dimensional trial as he is expected to account for about N25billion. The Head of Media of the EFCC, Mr. Femi Babafemi, said: “We are set for the trial of Bankole as from Wednes-

day. We have filed a 16-count charge, which he is expected to respond to. “The ex-Speaker is still in our custody, pending his arraignment and the decision of the court on his bail.” It could not be immediately ascertained whether Bankole will be prosecuted with all former principal officers. In the charge sheet, the Continued on page 2

CBN to guarantee rescued banks 100% From Nduka Chiejina, Abuja

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ANK depositors scared of losing their cash were yesterday told to set their minds at rest. The Central Bank of Nigeria (CBN) will provide 100 per cent guarantee for depositors and creditors of any of the rescued banks that fail to meet its September recapitalisation deadline. CBN’s director of Banking Supervision Sam Oni told reporters after the Bankers’ Committee meeting in Abuja that it would pursue recapitalisation to its logical conclusion. Continued on page 2

Jonathan, Ki-Moon seek global action against HIV/AIDS From Vincent Ikuomola and Adeola Fayehun, New York

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RESIDENT Goodluck Jonathan and United Nations Secretary General Ban Ki Moon yesterday called for a global action against the spread of HIV/AIDS. They spoke at the UN headquarters in New York during a Security Council meeting on the scourge. Jonathan, who pledged Nigeria’s unalloyed support to a multilateral action in combating the spread of HIV/AIDS, warned of the danger of the world failing to take action. The President urged the UN Security Council to include HIV/AIDS as part of its security programmes. Jonathan said he had begun among the Economic Community of West African States (ECOWAS) sub-regional transport corridor project. He said the action was aimed at halting and reversing the spread of HIV/AIDS among the military and paramilitary. It was the second time the issue had been brought for discussion at the council meeting since Resolution 1308 was adopted in 2000. Jonathan said: “As the largest contributor to peace keeping in Africa and fourth largest in the world, Nigeria has a Continued on page 3

•President Goodluck Jonathan greeting Prof. Joy Ogwu, Nigeria’s Permanent Representative to the UN and Amb. Martin Uhomoibhi, Permanent Secretary, Ministry of Foreign Affairs at JFK International Airport in New York during the President’s arrival for the meeting on HIV/AIDS in New York ... yesterday. With them is First Lady Patience Jonathan (left). PHOTO: STATE HOUSE

•POLITICS P13 •SPORTS P23 •LIFE P29 •MONEY P43 •INSURANCE P50


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