Senate Advocates Increased Police Recruitment to Tackle Kidnappings

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The Senate has called for the recruitment of more police personnel to strengthen security forces’ capacity in combating kidnappings and other criminal activities. This resolution followed the adoption of a motion titled “Galadimawa Kidnap Incident Response and Need to Urgently Enhance Security Measures in FCT, Nigeria,” sponsored by Senator Ned Nwoko (PDP-Delta) during plenary.

Senator Nwoko highlighted the need for improved security measures following the tragic abduction of 19 persons, including his senior legislative aide, Chris Agidy, in Galadimawa, Abuja. Prompt action by the FCT Commissioner of Police, Benneth Igweh, led to the successful rescue operation on February 24, where a notorious kidnap kingpin, Samaila Wakili Fafa, was apprehended in Nasarawa State.

Expressing concern over the situation, Senator Nwoko noted the untimely demise of Mr Agidy and others in the hands of the abductors. Their remains were recovered and deposited at Gwagwalada Teaching Hospital mortuary for assessment.

The Senate commended the efforts of the security forces, including the Inspector-General of Police, Kayode Egbetokun, and the FCT Commissioner of Police, for their dedication in pursuing the kidnappers. Senator Oyewunmi Olalere (PDP-Osun) emphasized the importance of implementing the Senate’s resolutions to curb security challenges in the FCT and across Nigeria.

In response, the Senate urged the Inspector-General of Police to increase security patrols and surveillance in Abuja and nationwide to prevent further kidnappings. The call for more police recruitment aims to bolster the security forces’ capacity and enhance their ability to combat criminal activities effectively.

Peoples Gazette

BF Borgers, an accounting firm owned by former US President Donald Trump, has been accused by the Securities and Exchange Commission (SEC) of engaging in widespread fraud and operating a “sham audit mill.” The SEC alleges that BF Borgers committed “deliberate and systemic failures,” including the fabrication of audit papers and false assurances to clients regarding compliance with accounting standards.

This fraudulent activity, described as “massive,” occurred between January 2021 and June 2023, impacting over 1,500 SEC filings and more than 500 public companies. As a consequence, the SEC has permanently barred BF Borgers from practicing as accountants before the agency and imposed a severe penalty, including a collective fine of $14 million against the firm and its owner, Benjamin Borgers.

In a statement, Gurbir Grewal, director of the SEC’s enforcement division, declared that Borgers and his “sham audit mill” have been permanently shut down. The SEC has notified public companies that engaged BF Borgers to seek new accounting firms.

Trump Media & Technology Group, chaired and majority-owned by Donald Trump, was among BF Borgers’ clients. While Trump Media may be the most high-profile client, BF Borgers served around 350 clients subject to SEC rules during the mentioned period. However, the SEC review only examined BF Borgers’ work for public companies, excluding its services to Trump Media when it was private.

Trump Media, despite its significant valuation on Wall Street exceeding $9 billion, generates limited revenue. Its social media platform, Truth Social, faces challenges, with a notable decline in average daily active US users on iOS and Android in April. Despite this, Donald Trump remains a prominent user on Truth Social.

In response to the SEC’s actions, a spokesperson for Trump Media expressed readiness to collaborate with new auditing partners in compliance with the SEC’s order. BF Borgers did not provide a comment on the allegations.

In summary, BF Borgers, owned by Donald Trump, faces severe consequences following accusations of fraud by the SEC. The firm’s practices, characterized as a “sham audit mill,” have led to permanent suspension and hefty fines. Trump Media, among BF Borgers’ clients, is navigating challenges despite its substantial valuation, particularly with its Truth Social platform experiencing a decline in user engagement.

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