• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Ekweremadu to face CCT trial over hidden Assets

metro by metro
March 9, 2018
in News
0
0
SHARES
0
VIEWS
Ekweremadu
Ekweremadu

Ike Ekweremadu, deputy senate president, will be charged before the Code of Conduct Tribunal (CCT) next week by the office of the attorney-general of the federation (AGF), TheCable understands.

He will be arraigned for “false declaration of assets” — the same charge slammed against Senate President Bukola Saraki whose case was adjourned indefinitely on Thursday by the tribunal.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

Ekweremadu is accused of having assets in United Arab Emirates, United Kingdom and United States of America which he allegedly did not disclose in his declarations to the Code of Conduct Bureau (CCB).

Meanwhile, officials of the ministry of justice and the Economic and Financial Crimes Commission (EFCC) are expected to leave for the UAE on Monday to seek the forfeiture of eight properties allegedly linked to Ekweremadu, TheCable understands.

The forfeiture is being pursued under a bilateral agreement reached between the two countries after President Muhammadu Buhari assumed office in 2015.

Sahara Reporters, the whistle-blowing website, had reported that Nigeria requested for information on Ekweremadu’s assets relying on the Automatic Exchange of Information (AEoI), a multi-jurisdictional instrument for exposing hidden assets and incomes.

Nigeria is a signatory to AEoI.

According to the website, two “undeclared” properties were also traced to Ekweremadu in the UK and three in the US — bringing to a total of 13.

Ekweremadu, a senator elected on the platform of PDP since 2003, caused an upset in 2015 when he was elected deputy senate president in an APC-dominated chamber.

Saraki, although a member of APC, was elected senate president against the wishes of the party hierarchy.

If found guilty, both men could lose their positions and could also be banned from holding public office for up to 10 years.

Tags: EkweremaduEkweremadu to face CCT trial
Previous Post

Nigeria’s Own Fannie Mae Sets Out to Double Mortgage Loans

Next Post

NAICOM confirms takeover of Unic Insurance Plc

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

NAICOM confirms takeover of Unic Insurance Plc

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version