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Trial of Echefu, TStv MD, ED for Tax Evasion, Money Laundering Begins November 26

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Justice Inyang Edem Ekwo of the Federal High Court, Abuja, has fixed November 26 for the trial of Dr. Bright Ikechukwu Echefu and Dr. Felix Nnamdi Ignoanuga, said to be executives of the Telecom Satellites Television (TSTV), over fraudulent charges brought against them by the Federal Government.

Trial of Echefu, TStv MD, ED for Tax Evasion, Money Laundering Begins November 26

Echefu who is the managing director and chief executive officer and Dr Felix Nnamdi Ignoanuga, the executive eirector of the telecoms company, were arraigned by the Economic and Financial Crimes Commission (EFCC), on June 6, 2024, on nine count of alleged advanced fee fraud, tax evasion and money laundering.

The suit marked: FHC/ABJ/CR/254/23, had Telecom Satellites Limited and another company, Briechberg Investment Limited, also cited as 3rd and 4th defendants, respectively.

Justice Ekwo was supposed to have commenced trial of the defendants on July 15, 2024 but for an official engagement which took him out of Abuja.

The Registrar of the court had informed the lawyers, accused persons and other litigants that dates for their matters would be communicated to them by the Judge upon his return to Abuja.

In a notice of trial date communicated to the parties, Justice Ekwo said that November 26 has been scheduled for the EFCC to open their case against the defendants.

The November date was said to have been picked by the Judge following the yearly vacation of the Federal High that will end in October this year.

The EFCC, among other things, alleged that the defendants the two men had on May 18, 2020 committed money laundering bordering on tax invasion, unremitted VAT, Company income tax and Pay As You Earn (PAYE) deducted from the salaries of 165 workers punishable under section 15 of the Money Laundering Prohibition Act 2011 as amended in 2012.

They were alleged to have diverted to their personal use, tax funds, to the tune of N33. 9M, N13. 5M and N19. 4M, payable to the federal government in breach of section 15 of the Money Laundering Prohibition Act.

Alao, the EFCC alleged that they 1st defendant, Dr. Echefu, defrauded a Senior Advocate of Nigeria, SAN, Turaki Kabir Tanimu, of the sum of N960m under false pretences.

The charge indicated that Echefu while acting as the Managing Director of Briechberg Investment Limited on May 18, 2020 with intent to defraud obtained the sum of N150M from Tanimu who is the Managing Director of Kalsiyam Farm as loan to acquire modern equipment for his telecom company.

EFCC added that the said loan was paid into Briechberg Investment Limited’s account number: 1015561485, domiciled at Zenith Bank.

On the same day, the accused person was said to have obtained another N380M paid into the same account for the same purpose while another N400M was also allegedly secured by the accused the same day and for the same purpose from Tanimu who is also the MD of BYI General and paid into the same account.

Still on the same May 18, 2020, Turaki SAN, while acting as Managing Director of K. T Turake made two payments of N15M each into the Briechberg Investment Limited bank account belonging to Dr Bright Ikechukwu Echefu for the same purpose.

As at the time the transactions took place, Turaki, SAN, who was present in court during the arraignment of the defendants, was a serving Minister of the Federal Republic of Nigeria.

It would be recalled however that the two accused persons pleaded not guilty when the charges were read to them.

Mr. Sylvanus Tahir, SAN, counsel to EFCC, applied for the defendants to be remanded in custody, however, following an application by their lawyer, Mr. Eyitayo Fatigun, SAN, the court okayed their release on administrative bail, earlier handed to them by the EFCC.

He, however, warned the defendant not to travel out of the country without the permission of the court, adding that the Nigerian Immigration Service, NIS, should be notified of the seizure of their international passports.


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FDA Okays Elon Musk’s ‘Blindsight’ Brain Chip to Restore Vision for the Blind

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Neuralink, the brain-chip company co-founded by Elon Musk, has achieved a significant milestone with its latest device, “Blindsight,” receiving the U.S. Food and Drug Administration’s (FDA) breakthrough designation.

FDA Okays Elon Musk’s ‘Blindsight’ Brain Chip to Restore Vision for the Blind

This recognition highlights the potential of Blindsight to restore vision to individuals suffering from complete or partial blindness, including those with damaged optic nerves.

Blindsight is designed to help even those who have been blind since birth, provided their visual cortex remains functional.

Initially, the device is expected to offer low-resolution vision, but over time, it holds the potential for users to perceive advanced wavelengths like infrared and ultraviolet, offering possibilities beyond natural sight.

Neuralink, established in 2016, is pioneering brain-computer interfaces aimed at addressing neurological disorders. Its technology includes brain implants capable of reading neural signals and wirelessly transmitting them to external devices.

The company is also working on devices to assist paralyzed individuals in controlling digital tools using their thoughts.

Recent developments include the successful implantation of Neuralink’s brain-computer interface in a second patient, who is now able to control video games and design 3D objects using thought alone.

 

 

 


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Nigeria’s Mpox Cases Mostly Affect Children, Men – NCDC

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Mpox infections are disproportionately affecting children and males in Nigeria, according to recent data from the Nigeria Centre for Disease Control and Prevention (NCDC).

Nigeria’s Mpox Cases Mostly Affect Children, Men – NCDC

Pix Credit: Sky News

Since January 2024, males have accounted for 67% of Mpox cases, with men making up approximately 70% of the 6,001 suspected and confirmed cases recorded since September 2017.

The disease is spreading rapidly, with 1,031 suspected cases reported across 47 local government areas in 23 states and the Federal Capital Territory.

Children under five years old are among the most affected, followed by the 26-30 and 46-50 age groups.

Mpox is an infectious disease caused by the monkeypox virus, characterized by a painful rash, swollen lymph nodes, and fever. While most people recover fully, some may become seriously ill.

The disease can spread from animals to humans and between humans through close contact, respiratory droplets, and contaminated objects.

To combat the outbreak, Nigeria has received a donation of 10,000 doses of Jynneos, a Mpox vaccine, from the United States government.

 


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Avanti Communications, IHS Nigeria Recognized with Universal Broadband Award for Connecting Rural Nigeria

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Global multi-orbit satellite provider, Avanti Communications (“Avanti”), and IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”)  group, have been recognized for their work in connecting rural Nigeria at the 2024 World Space Business Awards.

Each year at World Space Business Week, Novaspace, a merger of Euroconsult and SpaceTec Partners, award the most forward-thinking businesses and innovations contributing to the future of the global space sector.

The Universal Broadband Award recognizes those committed to helping transform the lives of underserved communities.

Together, Avanti and IHS Nigeria have been helping improve the connectivity landscape across Nigeria, bringing broadband connectivity to rural communities nationwide, where the cost of traditional telecommunications networks can leave millions behind.

IHS Nigeria already has a strong footprint in Nigeria, operating over 16,000 towers across the country.

To help extend this reach, Avanti has been supplying the physical, transport and network layer for the transmission of cellular backhaul traffic to and from cellular towers, back to the core network of mobile network operators.

The partnership has delivered fast, cost-effective and reliable 3G and 4G connectivity to 700 rural sites across Nigeria, directly benefitting more than 3.5 million people.

Mohamad Darwish, CEO, IHS Nigeria, said, “We are deeply honored to receive this award, recognizing our commitment to innovation and social responsibility in expanding global connectivity.

As one of the largest independent tower companies globally, IHS Towers is dedicated to helping bridge the digital divide, particularly in Nigeria, where we operate more than 16,000 towers.

IHS Nigeria’s partnership with Avanti Communications has been pivotal in bringing broadband connectivity as well as delivering sustainable, reliable, and cost-effective solutions to rural areas. Together, we are striving to help transform lives by enabling digital inclusion, job creation, and driving socio-economic development across underserved and unserved communities.”

Kyle Whitehill, CEO at Avanti, said, “The mission to provide cost-effective, reliable, and sustainable internet solutions is more than a professional endeavour; it is a mission we each carry personally at Avanti. Access to the internet is not a luxury, it is a necessity.

“It opens doors to education, healthcare, economic opportunities, and global connectivity. For too long, the remote and hard-to-reach regions of Africa have been left in the dark, disconnected from the boundless potential connectivity brings.”


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