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Tinubu should be probed over N160bn fraud allegation- PDP

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The Peoples Democratic Party (PDP) has asked the Economic and Financial Crimes Commission (EFCC) to probe a former governor of Lagos State and the All Progressives Congress (APC) leader, Asiwaju Bola Tinubu, over allegations of N160bn tax fraud.

The party said failure of the EFCC to invite and question the ex-governor would not only suggest the commission has become corrupt, but also expose the level of rot in the APC-led government.

“If President Buhari is as clean as his handlers would want Nigerians to believe; if the Presidency is not complicit of corruption, the PDP challenges Mr. President to allow an investigation and prosecution of Alpha Beta, in an open court, just as his government has been harassing the members of the opposition, as well as perceived opponents,” the PDP demanded.

  • Daily Trust report

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Finance

Godwin Emefiele Slammed With 18 New Charges By The EFCC

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Godwin Emefiele who has been in and out of court since last year, has been charged to court again over new charges.

Details of the fresh charges against the ex CBN Governor, Emefiele by the Economic & Financial Crimes Commission Were Listed.

The EFCC wrote;

“For those asking questions why another arraignment, find below details of fresh charges against former CBN Governor, Godwin Emefiele.

Here are the offenses listed:

  1. Allocating forex of $2,136,391,737.33 without bid.
  2. Corruptly received $26,552,000 from NIPCO PIC.
  3. Corruptly received $7,720,000 from Raja Punjab on account of forex to his employer.
  4. Confer corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N900,216,324.21.
  5. Allocating forex of $291,945,785.59 without bid.
  6. Corruptly received $740,000 from NIPCO Pic.
  7. Corruptly received $850,000 from Raja Punjab on account of forex to his employer.
  8. Confer corrupt advantage on his associate, Limelight Multidimensional Services Ltd to the tune of N1,060,030,249.42.
  9. Abuse of office by special allocating of forex of $1,769,254,793.16.
  10. Corruptly received $2,410,000 from Raja Punjab on account of forex to his employer.
  11. Corruptly received $400,000 from Source Computer Ltd as kick-back for contract award.
  12. Confer corrupt advantage on his associate, Comec Support Services Ltd to the tune of N149,001,009.70.
  13. Abuse of office by special allocating of forex of $370,872,893.01.
  14. Corruptly received $6,320,000 from Raja Punjab on account of forex to his employer.
  15. Corruptly received $200,000 from Source Computer Ltd as kick-back for contract award.
  16. Confer corrupt advantage on his associate, Comec Support Services Ltd to the tune of N151,168,458.73.
  17. Confer corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N398,031,732.32.
  18. Confer corrupt advantage on his associate, Adswin Resources Solution Ltd to the tune of N204,992,739.51.”
The post from EFCC

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Finance

All You Need To Know About Dr. Adaora Umeoji, The New GMD/CEO of Zenith Bank Plc

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On June 1, 2024, Adaora Umeoji will become the new Group Managing Director/Chief Executive Officer of Zenith Bank Plc, replacing Ebenezer Onyeagwu, whose five-year term ends on May 31, 2024. Zenith Bank announced this on its website on March March 19th 2024.

The appointment is a historic moment as Adaora Umeoji becomes the first female GMD/CEO since the bank’s inception in May 1990.

According to the bank’s statement, “Her appointment is consistent with the bank’s executive transition tradition, succession plan, and strategy of grooming leaders from within.”

Adaora Umeoji has almost thirty years of experience in banking. She previously served as the deputy managing director of the bank, a role she assumed in October 2016. She has been with the bank for nearly twenty-six years.

Early Life and Education

•Dr. Adaora’s journey began in Jos Nigeria

• She holds a bachelor’s degree in sociology from the University of Jos, a bachelor’s degree in accounting, and a first-class honours degree in law from Baze University, Abuja.

•She holds a Master of Laws from the University of Salford, United Kingdom, a Master in Business Administration from the University of Calabar, and also has a doctorate in business administration from Apollos University, USA.

• She holds a Certificate in Economics for Business from the prestigious MIT Sloan School of Management, USA, and has attended various management programmes in renowned Universities around the world including the strategic thinking and Management programme at Wharton Business School, USA.

•Umeoji is an alumnus of Harvard Business School, where she attended the Advanced Management Programme, and an alumnus of Columbia Business School with a Certificate in the Global Banking Program.

Dr. Adaora’s Professional Ascension

•Umeoji has been the Deputy Managing Director of the bank since October 28, 2016 and has close to 30 years of banking experience of which 26 years has been with Zenith Bank.
Adaora Umeoji, founded the Catholic Bankers Association of Nigeria (CBAN), a platform she uses to promote ethical banking and service to humanity.

Chart Success In Leadership

• Umeoji being the first female to be appointed as GMD of the bank effective June 1, 2024
• Dame Adaora Umeoji stands as a shining example of empowerment and leadership and as a role model for aspiring individuals worldwide.

•Despite her accomplishments, Adaora Umeoji emphasizing the importance of humility and focus on one’s mission.

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Energy

AVEVA Appoints Joanna Mainguy as New Sustainability Accelerator Director

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Joanna AVEVA
Joanna Mainguy, Sustainability Accelerator Director at AVEVA
  • Joanna Mainguy will steer strategies for sustainability innovation across AVEVA’s portfolio and partner ecosystem, furthering ESG targets for 2025 and beyond

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announced the appointment of Joanna Mainguy as Sustainability Accelerator Director.

Joanna’s appointment testifies to AVEVA’s dedication to strengthening the company’s sustainability impact in line with advancing global climate commitments. 

As Sustainability Accelerator Director, Joanna Mainguy will focus exclusively on sustainability solutions and strategies to accelerate innovation that will help AVEVA’s customers to achieve their net-zero targets.

She will look at how AVEVA leverages current market and customer analysis to inform its in-house development team, advise on new customer collaborations and on how AVEVA should grow its partnership network and M&A pipeline to reflect its sustainability priorities.

Joanna will lead the implementation of a sustainability solutions plan tailored to meet the most pressing needs of AVEVA’s industrial customers on low-carbon transition, circularity and resilience, via an integrated product, marketing and sales approach. She will work closely with AVEVA’s portfolio, business area and R&D leads to continue to develop new sustainability capabilities and drive collaboration on go-to-market initiatives that support industry with contributing to an accelerated energy transition and shift to a circular economy.

Joanna was formerly Industry Director, EMEA, for Energy & Sustainability at Microsoft, where she led strategic engagements with major energy providers and supported the energy transition with digital solutions. She has worked across the entire energy value chain and has more than 15 years of experience in process industries and the energy sector, including work for major system integrators, software and energy companies.

Lisa Wee, Global Head of Sustainability, AVEVA, said: “We are excited to welcome Joanna to AVEVA. She will bolster our mission to enable faster uptake of existing sustainability solutions across the industrial landscape, while in parallel we continue to invest in product capabilities and partnerships that will push out the frontiers of sustainability innovation for industry. At AVEVA we look to lead by example on sustainability and we achieved a 93% reduction in Scope 1 and 2 emissions last year. We aspire to help our customers better leverage digital solutions to realize their own ambitious sustainability targets early, and Joanna brings a wealth of experience to help support this.”

Commenting on her appointment, Joanna Mainguy, Sustainability Accelerator Director, AVEVA, said: “I am delighted to join AVEVA at such a pivotal time in its sustainability innovation and growth trajectory. I look forward to working with AVEVA teams and customers to continue to grow the sustainability benefits that can be achieved with AVEVA software. I am also keen to work closely with our partners to drive further positive change at scale, since we know addressing the climate crisis will continue to require expanded collaboration”.

AVEVA actively embeds sustainability into its core product strategy with specific capabilities in its software portfolio.

AVEVA’s software enables organizations to connect and contextualize key sustainability data with artificial intelligence and human insight, enhancing their agility, resilience and sustainability in order to help drive responsible use of the world’s resources.

AVEVA’s 2023 Sustainability Progress Report reveals significant progress across all three pillars of the company’s sustainability framework, encompassing product strategy, operations and culture. 

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