Sunday 16th July 2017

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National Assembly to Amend Constitution Item by Item Adopts separation of office of AGF from minister of justice Agrees president, governors must attach portfolios to names of cabinet nominees Shola Oyeyipo in Lagos and Senator Iroegbu in Abuja Ahead of the proposed amendment of the 1999 constitution, the Senate, the House of Representatives and all the 36 state Houses of Assemblies, at the

weekend in Lagos, adopted what was described as “incremental approach” to the amendment exercise by taking the contentious issues in their respective bits and dealing with them differently from time-to-time to prevent the entire amendment from being

thrown out altogether. To this end, all the state and national legislatures, at a threeday retreat in Lagos, concluded work on 23 distinct bills, which deal with some of the critical and pressing issues to be presented to the National Assembly for

consideration during the amendment exercise. Deputy Senate President and chairman of the committee, Senator Ike Ekweremadu, who spoke at the end of the retreat held at the Intercontinental Hotel, Victoria Island, Lagos, said the

decision to separate the bills was borne out of the need to prevent the entire amendment from being thrown out altogether. “We believe we have done sufficient work. This is an incremental approach that we have adopted in the amendment

of the constitution. So, what we are saying therefore is that after we have finished with this, if we still have more time before election issues come up otherwise maybe the next assembly will Continued on page 9

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FLYING COLOURS... Front Row, R-L: Former SGF, Alh. Yayale Ahmed; Alh. Lamido Abubakar Bayero representating the Emir of Kano; former DG, NIPSS, Prof Akin Akindoyeni; Chairman, Pace Setter Schools, Barr Ken Imasuangbon, and wife, Director of Schools, Mrs Kate Imansuangbon, at the graduation /speech and prize giving day of Pace Setters’ School in Abuja...recently

US Moves to Seize 200ft Yacht, Other Luxury Properties from Kola Aluko, Others Alison-Madueke to Kola Aluko: “If you want to hire a yacht, you lease it for two weeks or whatever… You don’t go and sink funds into it at this time when Nigerian oil and gas sector is under all kinds of watch.” - Intercepted recording of an apparent phone conversation between former oil minister, Diezani Alison-Madueke, and oil trader, Kola Aluko Demola Ojo with agency reports US prosecutors on Friday moved to seize $144m in assets including a 200-foot yacht and a Manhattan condominium one block from Central Park, calling them the fruits of an international bribery scheme that involved the former Nigerian Oil Minister, Mrs. Diezani Alison-Madueke.

The justice department action targeted Nigeria’s oil man, Mr Kola Aluko’s vessel, Galactica Star, which its builder bills as the “world’s largest fast displacement yacht”, along with condominium units in Manhattan and real estate in Southern California located just three miles from the Pacific Ocean. From 2011 to 2015, two

Nigerian oil men, Kolawole Aluko and Olajide Omokore, alledgedly conspired with others to bribe the country’s minister for petroleum resources, Diezani Alison-Madueke, in order to win oil production contracts worth $1.5bn, according to a civil forfeiture complaint. At the time, along with controlling the country’s state-owned oil

company, Mrs. Alison-Madueke, also headed the Vienna-based oil cartel, OPEC. Nigeria’s federal high court earlier this year charged her with money laundering and she has previously denied any wrongdoing. After awarding government contracts to shell companies owned by the two men, Mrs. Alison-Madueke — known

as “the madam” or “Madam D” — was rewarded with a “lavish lifestyle”, according to the US Department of Justice. Alison-Madueke has since denied any wrong-doing in her relationship with Kola Aluko and Jide Omokore. A civil forfeiture complaint is merely an allegation that money or property was involved in

or represents the proceeds of a crime. These allegations are not proven until a court awards judgment in favour of the US. “The United States is not a safe haven for the proceeds of corruption,” said acting assistant attorney-general Kenneth Blanco. “If illicit funds are within the Continued on page 9


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