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Asset declaration: Why court struck out case against Ekweremadu

Senator Ike Ekweremadu

The Federal High Court, Abuja struck out charges of non-declaration of assets instituted against former Deputy Senate President, Ike Ekweremadu, by the defunct Special Presidential Investigation Panel for the Recovery of Public Property because the former lawyer handling the case for the panel disappeared with the case file.

The dissolved panel was then led by Mr. Okoi Obono-Obla. The panle had in 2018 instituted the case marked FHC/ABJ/CR/62/2018 against Ekweremadu, alleging that, “without reasonable excuse”, the serving senator refused and neglected to declare his assets upon being served the panel’s “notice to declare”.

The AGF office took over the case and other suits being handled by the SPIP upon a presidential directive dissolving the panel in 2019.

But on Monday, Justice Binta Nyako struck out the case against Ekweremadu after the prosecuting counsel from the AGF office, Mr Pius Akutah, said the former lawyer handling the case for the panel had disappeared with the case file.

He appealed to the judge to order the former counsel to release the file to the AGF office but the request was declined by the judge.

The PUNCH reports that Ekweremadu’s lawyer, Chief Adegboyega Awomolo (SAN), urged the judge to strike out the case.

Justice Nyako dismissed the prosecution’s request, saying that “You are attorney general (referring to the lawyer as representing the AGF), you should know what to do. You should not be waiting for me to make an order against an individual.

“So, as it is today, you don’t know the case against the defendant since you don’t have the file. I am going to strike out the case, when you are ready you can come back. The case is hereby struck out for want of diligent prosecution. The prosecution is allowed to come back whenever they are ready to proceed with the case,” Jusrtice Nyako said.

Improve the Business Environment to Drive Industrialisation, Wealth Creation in African, Caribbean and Pacific Countries, Elumelu Tells ACP Presidents in Kenya

L – R: Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and UBA Group; H.E. Uhuru Kenyatta, President of Kenya; at the 9th ACP Business Summit in Kenya on December 8, 2019 as Elumelu Presents the Keynote Speech

L – R: Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and UBA Group; H.E. Uhuru Kenyatta, President of Kenya; at the 9th ACP Business Summit in Kenya on December 8, 2019 as Elumelu Presents the Keynote Speech

Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, urged African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in ACP member states.

He said this while presenting the keynote speech on the theme “Industrialization and Private Sector Engagement for Economic Transformation of ACP States” at the Presidential Dialogue of the 9th ACP Business Summit in Nairobi, Kenya.

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Girls Dominate 2019 UBA Foundation National Essay Competition as Jolaosho Oluwatoroti Otokini is declared the winner

2019 UBA Foundation National Essay Competition

L-R: Tutor, Louisville Girls High School, Ijebu-Ode, Ogun State, Mrs Josephine Oladipo;  1st Runner-up and student of Oladipo Alayande School of Science, Oyo, Precious Ifeoma Okey; Group Managing Director/CEO, UBA Plc, Mr. Kennedy Uzoka; Winner of 2019 UBA Foundation National Essay Competition for Senior Secondary Schools in Nigeria, and student of Louisville Girls High School, Ogun State, Jolaosho Oluwatoroti Otokini;  Jolaosho’s  Mother, Mrs Jaiyeola Jolaosho; 2nd runner-up and student, Beautiful Beginning Academy, FCT Abuja, Miss Aimeé Okoko;  and CEO, UBA Foundation, Mrs Bola Atta, at the grand finale of the UBA Foundation National Essay Competition for Senior Secondary Schools in Nigeria, held at UBA House in  Lagos on Monday

It was an all-female top three affair, as 14 year-old Jolaosho Oluwatoroti Otokini of Louisville Girls High School, Ogun State, emerged the overall winner of the 2019 edition of the UBA Foundation National Essay Competition, winning the grand prize of an educational grant of N2,000,000.00 to study in any African university of her choice.

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UNIBEN Alumni Honours UBA’s Uzoka; Giwa-Osagie, Others

Kennedy Uzoka, MD CEO, UBA

University of Benin Alumni Association, Lagos Chapter has honoured the Group Managing Director/Chief Executive Officer of United Bank for Africa(UBA), Mr. Kennedy Uzoka.

The honour which was conferred at an impressive Dinner held at Sheraton Hotel, Ikeja-Lagos at the weekend was in appreciation of Uzoka’s ‘hardwork, diligence and continuous commitment to the values of excellence’ as a banker and head of the Pan-African financial institution with presence in 20 African countries.

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Tony Elumelu Foundation to Open Applications for the 2020 TEF Entrepreneurship Programme on January 1, 2020

Tony Elumelu Foundation to Open Applications for the 2020 TEF Entrepreneurship Programme on January 1, 2020

The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy dedicated to empowering African entrepreneurs — will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020.

Applications are made through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the Foundation.

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For Second Year Running, UBA Group Emerges African Bank of the Year

CEO, UBA Africa, Mr Victor Osadolor(middle) with the “African Bank of the Year 2019” won by United Bank for Africa(UBA) Group at The Bankers Awards held in London

The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”.

This is the second time, UBA has clinched the prestigious award, having been named Best African Bank of 2017 by The Banker magazine. This year, UBA also won best bank category in 6 of its subsidiaries: UBA Benin, UBA Tchad, UBA Gabon, UBA Congo, UBA Cote D’Ivoire and UBA Sierra Leone.

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