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$418m Paris Club Refund: Malami’s Action Fraudulent, Self Serving – NGF

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The Nigeria Governors’ Forum (NGF) has criticized the Minister of Justice and Attorney General of the Federation, Abubakar Malami, describing his recent claims and actions as fraudulent and self-serving over the $418m Paris Club refund.

The Chairman of the group, Kayode Fayemi, told the media after a meeting on Wednesday that the Forum would take every constitutional and legal means to ensure that the purported consultancies are fully litigated by the Supreme Court.

The Minister of Justice had days ago stated that the Governors had no basis to reject the proposed deductions of 418 million dollars from the Paris Club refund because they had been indemnified and conceded that such payments be made to the consultants.

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The NGF Chairman insisted that there is no liability by the states and only the courts can determine if the NGF states are indeed liable. Mister Malami, according to him, is acting in his personal and public interest.

READ ALSO: Biafra: Nnamdi Kanu’s Lawyers Write Malami, Foreign Affairs Ministry, Make Demands

In a communique at the end of the meeting, it added: “The Forum extensively reviewed the purported attempt by the Attorney General of the Federation (AGF) and the Minister of Finance (HMF) to circumvent the law and a recent judgement of the Supreme Court to secure the approval of the Federal Executive Council (FEC) to effect payment of the sum of US$418 million to contractors who allegedly executed consultant in respect to the Paris Club refunds to the state and local governments.

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“A committee was set up comprising the Chairman, Governor Kayode Fayemi of Ekiti State, Governor Rotimi Akeredolu of Ondo State, and Governor Abdullahi Sule of Nasarawa State to interface with the committee set up by Mr. President to review the matter.”

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Indian Court Denies Bail To Nigerian Man Over Drug Charges

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A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.

Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.

Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.

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READ ALSO:Indian National Arraigned In Lagos Over Alleged N22m Supermarket Fraud

He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.

According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.

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The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.

READ ALSO:NDLEA Intercepts Indian Lady With 72 Parcels Of Heroin ON n Chocolate Wraps

“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.

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Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.

The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.

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Strait Of Hormuz: US Announces Sanctions Against Iran

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The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.

Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.

The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.

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READ ALSO:Strait Of Hormuz: Pakistan Thanks Trump For Pausing ‘Project Freedom’

“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.

“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.

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Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.

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US Launches New Airstrikes On Iran

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The United States has launched new airstrikes in southern Iran.

The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.

A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.

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READ ALSO:US Restricts Entry Routes For Travellers From DRC, Uganda, South Sudan Over Ebola Outbreak

The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.

Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.

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Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.

 

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