The Financial Reporting Council Report that got Sanusi suspended ?

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President Jonathan's decision to suspend CBN Governor, Sanusi Lamido Sanusi yesterday Feb. 20th was centered on a written report of the Financial Reporting Council of Nigeria, FRCR dated June 7, 2013. In the report, FRCR ripped apart the 2012 audited financial statement of CBN and exposed what it termed as'fraud ','clear display of incompetence ',and 'excesses and wastefulness of Sanusi and the CBN.'

The 13-page report claimed a whooping N1.257 billion was spent for 'lunch for policemen'. There were also bogus payments to airlines to distribute currency nationwide. The FRCR also claimed CBN has held an account with a balance of N1.423b for an unknown customer since 2008. The report had recommended the sack of Sanusi and his deputy.

You can read the full report here or continue to read a breakdown of the report..

Nigerian Driver's License now accepted in Europe, US - FRSC

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The Lagos Sector Commander FRSC, Chidi Nkwonta has said that the upgraded Driver's License being issued now in Nigeria can be used in 3 states in America as well as some countries in Europe.

Speaking with the News Agency of Nigeria (NAN) yesterday, Commander Nkwonta said in the US, the states of  Washington DC, California and Maryland recognize the Nigerian Driver's license while European countries such as Germany, Turkey, Switzerland, Poland, Spain, Austria and Sweden also recognize the Nigerian Drivers License. He said the license can be used in these places for a period of time, after which their own licenses would be issued.

Iceland no longer willing to join EU, referendum canceled – Icelandic MPs

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Iceland's government supported the proposal of Foreign Minister of the country Gunnar Bragi Sveinsson to drop the plan of joining the EU. The night before both the Progressive Party and the Independence Party reached an agreement to withdraw its application for accession to the European Union, Icelandic State TV and Radio Broadcasting Service reports. The government also decided to cancel the referendum on whether to continue negotiations with the EU.

"In 2009, our former Foreign Minister suggested to submit a formal application for EU membership, so it was done. Quite naturally, I made a proposal to withdraw this statement," Sveinsson said to Icelandic reporters.

Tymoshenko released from prison - Russian lawmaker

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A senior Russian lawmaker who is currently in Kharkiv has claimed that former Ukrainian prime minister Yulia Tymoshenko has been released from prison. 

"According to my information, Tymoshenko has been released and at the moment is in Kharkiv. Her daughter is on her way to pick her up, and then she'll go to Kiev," Alexei Pushkov, chairman of the State Duma Committee on International Affairs, said.

Ukrainian Parliament vote in favour of release Tymoshenko

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Ukrainian lawmakers voted on Saturday in favour of accelerating the release of jailed opposition leader Yulia Tymoshenko under quicker procedures, without requiring the president's endorsement.

Tymoshenko was jailed in 2011 for abuse of office linked to a gas deal she brokered with Russia as prime minister, following a trial denounced by the European Union as politically motivated. Lawmakers on Friday voted to amend the criminal code to release Tymoshenko, but it required the president's signature.

Graphic Pics: Dead baby found near UNILAG canal

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A dead baby girl was found last tonite around 5.25pm by UNILAG canal near the main gate of the school in Akoka, Lagos. The child, dressed and wearing diapers, was already dead when people noticed and brought her out from the canal. Ants were seen around her body. Such an unbelievably heart-wrenching sight. View it after the break...*viewer discretion advised*

Suspected killers of Prince Noel Tochukwu nabbed & paraded

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Two suspected killers of Prince Noel Tochukwu Unegbu, the US-based CEO of Imo Got Talent, who was shot dead in his room at Rapour Hotel in Owerri on February 4th, have been arrested by the Imo State police command.

The alleged killers, who are students of Alvan Ikoku Federal College of Education (AIFCE), Owerri, were paraded on Tuesday February 18th by the Imo State Police Command. The suspects are: Eze Charles Nnamdi, 22, a 400 level student of the college who hails from Abakaliki, Ebonyi State and Maduabuchi Augustine, 20, a 300 level student and a native of Ekwulobia in Anambra State.

Banker allegedly lost his life in police custody

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 Based on reports and tweets from David Ekpo, a staff of Ecobank, Babatunde Oke was allegedly killed in police custody yesterday. Tunde (pictured above), who worked at the Ladipo Oluwole, Ogba branch of the bank, have been accused of fraud and handed to the police.

Davido Ekpo claims Tunde died after severe torture by the police. He left behind a wife and two children, a 2 year old and a 5-month old. Continue steadily to see more tweets after the break.

Arowolo burst into tears Video

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Western countries financing and controlling Klitschko - Anonymous Ukraine

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West is controlling Ukranian opposition leader Vitaly Klitschko, reported hackers from activist group Anonymous Ukraine. They said that they found the evidence in an e-mail account of the adviser to the President of Lithuania.

The Anonymous Ukraine claimed that Western countries are controlling the Ukranian opposition through intermediary of Lithuanian government, according to 15min.lt.

"We’ve hacked e-mail account of Laurynas Jonavicius – the adviser to the President of Lithuania. We’ve downloaded all the e-mails that were sent to him and discovered letters from Vitaly Klitschko.

16 Ways To Lose Weight Really Fast

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From Zumba to yoga to ditching junk food, these simple lifestyle changes will help you lose 10, 30, even 50 pounds!

It’s a familiar story: You pledge to honor a daily elliptical routine and count every last calorie. But soon, you’re eating cupcakes at the office and grabbing happy hour mojitos, thinking, Oops, diet over.
There is a better way: Swap the all-or-nothing approach for one or two healthy switch-ups in your daily routine.

 “Doing this can lead to more weight loss than you ever imagined,” says Marissa Lippert, RD, author of The Cheater’s Diet.

Ondo Baby Factory: Lawyer Molests Journalists During Arraignment Of 10 Suspects

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 Lawyer Molests Journalists During Arraignment Of 10 Suspects

By SaharaReporters, New York
A mild drama ensued on Thursday between journalists and some members of the bar at the resumed sitting and hearing of the 10 suspects arraigned for the illegal operation of a baby factory at Ilu-titun in Okitipupa Local Government area of Ondo State.

Horrible: University of Ibadan student Taiwo Shittu r*ped murdered in her house

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27 year old Taiwo Omolara Shittu (pictured above), a 500l student of the Department of Aquaculture and Fisheries Management, University of Ibadan, was attacked and killed on the 19th of February at her sister's home at Opeyemi street, Gbagi in Ibadan.

Her sister, who she lived it, returned home from work around 5:30pm on Wednesday to find Taiwo in the pool of her own blood, her pants down to her ankle, and a machete stained with blood on the bed. Taiwo had been attacked with the machete as there was a opening on her head.

14-year-old boy stabs father to death because he didn’t want to go to school (GRAPHIC IMAGE)

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A teenage boy in China is said to have stabbed his father after an argument between them escalated into violence.
The unidentified teenager is said to have attacked and killed his father after the latter tried to persuade him to leave an internet cafe and go to school.
The unfortunate incident is said to have occurred on February 18 at a café in Xinhua county of Hunan province.
According to reports:

Pres.Jonathan meets NNPC chiefs over the alleged missing $20bn

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President Goodluck Jonathan on Thursday met top officials of the Nigerian National Petroleum Corporation in a meeting behind closed-door inside the Presidential Villa.

A source said the meeting, which was also attended by the Chairman of the Senate Committee on Finance, Senator Ahmed Makarfi; and the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, was over the alleged missing $20bn crude oil sales proceeds.

Tinubu’s daughter denies demanding APC cards, money

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Daughter of former Lagos State Governor and the state’s market leader, Folashade Tinubu-Ojo, has said she never demanded the All Progressives Congress membership card from traders as a prerequisite to reopening the Abibatu Mogaji Model Market in Lagos.

A statement by her media consultant, Gboyega Akosile, on Thursday added that no money was demanded from the traders before the market was reopened on Monday.

PUNCH Metro had reported how Tinubu-Ojo led a team of policemen to the market, popularly called Iponri Market 10 days earlier to lock it up.

Our correspondent had quoted market sources on Wednesday alleging that Tinubu-Ojo demanded APC cards and money from traders before the market was reopened.

Akosile, however, said the allegations were false.

Worshippers in war front over signatories to church’s bank account

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Anglican Church leaders in the Diocese of Niger Delta North and foundation members of the Saint Matthew’s Anglican Church, Nkpogwu Deanery, Rivers State, have locked horns over who should be signatories to the church’s bank account.

The leaders of the church had frowned on a situation where only foundation members were signatories to St. Matterw’s bank account. Their argument was that the vicar of the church must be a signatory.

The issue escalated after a new vicar, Ven. Chiemela Samuel, assumed duty at the church and was not allowed to  be a signatory to the church’s bank account.

Sanusi - Pres. Jonathan: You can’t suspend the truth

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 I have no  regrets;  I   have no ill-feelings  and with no sadness.  I’m happy; I’m proud of what I have done.”

These were the words of  Lamido Sanusi  as he reacted to his suspension  as the Central Bank of Nigeria governor by President Goodluck Jonathan on Thursday.

Although it was learnt that  he might  challenge his suspension in court, Sanusi  reminded the Jonathan administration: “You can suspend an individual but you can’t suspend the truth.”

Sanusi, who added that   his suspension did not bother him, said his  “biggest concern is for the system .”

Ukraine's Yanukovych announces return to 2004 Constitution and early presidential elections (Full Update)

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Ukrainian President Viktor Yanukovych has announced that, to settle the crisis in Ukraine, he will initiate the reinstatement of the 2004 constitution and call early presidential elections. 

He also called for starting the procedure of forming a government of national confidence. 

"I am announcing steps that need to be made in order to restore peace and avoid more victims of the standoff," Yanukovych said in a statement available on the presidential website on Friday. 

"These tragic days when Ukraine has taken the gravest losses and when people has died my duty is to state that human lives are very important. We should do our best to take joint steps to restore peace in Ukraine," Yanukovych said.

Pres. GEJ gives ₦50million to Nigerian Supporters Club

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 President Jonathan this morning announced the release of N50million to members of the Nigerian Football Supporters Club as they prepare to go cheer the National team in the forthcoming Brazil World Cup tournament which starts in June.

 

In a ceremony where he was decorated as the Grand Patron of the Nigerian Football Supporters Club, President Jonathan said his administration will not relent in giving the support required to sports men and women to excel in all international football competitions, this by extension includes the Nigerian football supporters club. He also promised to seek the assistance of private organizations to help sponsor and bring more supporters to Brazil during the football challenge.