Foreign

EU freezes Russian oligarchs’ assets worth over 10 billion Euro (Rs82K crore )

Russian President Vladimir Putin

In retaliation to the Russian military offensive against Ukraine, the European Union has blocked the assets of Russian oligarchs worth nearly €10 billion (over Rs 82K crore) as part of sanctions, TASS reported.

Further, another set of frozen assets was reported in the month of April.

As the war in Ukraine has reached its 91st day, the EU has provided billions of euros in military aid to war-torn Ukraine to fight against Russia’s unjustified invasion, further imposing severe sanctions on Moscow.

Earlier in April, the European Union had frozen about €30 billion (Rs 2,48,418 crore) in assets of Russian and Belarusian oligarchs and businesses.

This came on April 8, when European Justice Commissioner Didier Reynders presided over the fifth meeting of the EU’s Freeze and Seize Task Force, which included members from the United States and Ukraine.

Assets worth €29.5 billion have been frozen, and transactions worth €196 billion have been banned, according to the EU statement.

Didier Reynders had deemed it essential for the EU and its foreign allies so that they can step up their efforts to cease supporting Russian President Vladimir Putin’s war machine.

He emphasised that, in addition to implementing punishments, it is also necessary to track their progress.

He urged all members to take the necessary steps to implement the sanctions on Russia.

Josep Borrell has also recommended taking frozen Russian foreign exchange assets to reconstruct Ukraine.

Apart from this, to fund the costs of reconstructing the war-torn country, the European Union’s top official had recommended taking frozen Russian foreign exchange assets.

Josep Borrell, the EU’s high representative for foreign policy, spoke to the Financial Times on May 8 about how the US used Afghanistan’s blocked funds to pay compensation to terrorism victims and to provide humanitarian help to the country.

He emphasised that using Russian funds to restore a country devastated by conflict makes sense.

According to the Financial Times report, EU authorities are looking into whether Russian reserves may be redirected towards Ukraine’s building.

Meanwhile, the European Union has approved a 500 million euro military aid tranche for Ukraine.

After the approval of three tranches of military assistance totaling 1.5 billion euros this year, the fourth tranche would add 500 million euros to financing previously assigned to Ukraine underneath the European Peace Facility (EPF), bringing the total amount to 2 billion euros, according to a statement released by the European Council on Tuesday.

Foreign

David Nwamini, Ekweremadu accuser, seeks asylum in UK

” they will kill me if I come to Nigeria” — he pleads to court

The eyewitness reporter

David Nwamini, the accuser of Senator Ike Ekweremadu who sent the lawmaker to 10 years jail term in the United Kingdom over an organ trafficking case, has raised an alarm that he may be killed in Nigeria if he comes back.

Consequently, he has asked the court to allow him to stay back in the UK for safety reasons.

“They would arrest me and kill me in Nigeria” he reportedly told the court.

His impact statement was read in court, at the sentencing that saw Ekweremadu, his wife, Beatrice, 56, and the doctor-middleman, Obinna Obeta, 51, jailed, for 10 years and 8 months, 4 years and six months, and 10 years, respectively.

The three were found guilty at the Old Bailey of conspiring to arrange the travel of a young man with a view to exploiting him for his body part.

The Ekweremadus’ 25-year-old daughter, Sonia, has a severe kidney disease. It was for her the donor was sourced and brought to the UK.

According to David, he was approached with an opportunity to work in the UK, which he had always dreamed of but never thought would happen.

“He (Dr Obina Obeta) did not tell me he brought me here for this reason. He did not tell me anything about this.

“I would have not agreed to any of this. My body is not for sale.

“I worry for my safety in Nigeria. Those people can do anything. I think they could arrest me or kill me in Nigeria.

“My plan now is to work and to get an education and to play football,” David said, adding that he does not want to claim compensation from the “bad people” as it would be “cursed and bad luck”.

He also said someone visited his father in Nigeria and asked the father to get him to drop the case.

Although it is lawful to donate a kidney, it becomes criminal if there is a reward.

The Ekweremadus were arrested on June 21 last year as they arrived at Heathrow Airport.

Foreign

UK court shuns Nigeria, ECOWAS pleas as it sentences Ekweremadu to 10 years imprisonment for organ trafficking

The eyewitness reporter

The United Kingdom court on Friday sentenced former Deputy Senate President of Nigeria, Ike Ekweremadu, to nine years and eight months in prison for organ trafficking plot.

This was despite the plea for clemency made by the Nigerian government and the Economic Community of West African States (ECOWAS) that the court should temper justice with mercy.

The court also sentenced his wife, Beatrice, to four years six months while the medical doctor, who act as a ‘middleman’ in the plot, Dr Obinna Obeta, was sentenced to 10 years and his medical licence was also suspended.

The Ekweremadus’ daughter Sonia, who has a serious kidney condition, wept as she was cleared of the same charge.

Mr Justice Johnson told the defendants: “In each of your cases the offence you committed is so serious that neither a fine nor a community sentence can be justified.”

It was alleged that the 21-year-old street trader was to be rewarded for donating the organ to Sonia Ekweremadu, in an £80,000 private procedure at London’s Royal Free Hospital.

The case marked the first-time defendants have been convicted under the Modern Slavery Act of an organ harvesting conspiracy.

While it is lawful to donate a kidney, it becomes criminal if money or another material advantage is rewarded.

The prosecution claimed the donor was offered up to £7,000 along with the promise of a better life in the UK.

The donor did not understand until his first appointment with a consultant at the hospital that he was there for a kidney transplant, the Old Bailey was told

On March 23, the jury pronounced a guilty verdict on the senator, his wife, Beatrice, and Obinna Obeta, a doctor who acted as the middleman.

The jury held that they conspired to bring the 21-year-old at the centre of the matter to London to exploit him for his kidney.

Foreign

Nigeria missing as UNCTAD lists top African countries in service exports.

The Eyewitness reporter

Nigeria was not listed among the top five countries in Africa in service exports in 2021 as Egypt tops the list as announced by the United Nations Conference on Trade and Development (UNCTAD) in December.

According to the report, Egypt topped African countries regarding services exports in 2021 by around $20 billion

Egypt has also come second in maritime routes in Africa in the third quarter (Q3) of 2022.

According to the report, Egypt has achieved a considerable growth in services exports by 45.5 percent year-on-year in 2021.

Morocco followed Egypt in services exports then Ghana, South Africa, and Ethiopia.

Egypt also came third on the list of the top five countries regarding goods exports in Africa in 2021 by around $40 billion, achieving growth of around 60 percent year-on-year.

In maritime routes, Egypt was preceded by Morocco, South Africa, then Ghana, and Togo.

Earlier this month, Egypt announced a plan to develop Egyptian commodity exports to African countries to reach $15 billion during the coming few years.

Egypt’s exports to Africa have increased by 25.4 percent during Q1 2022 compared to Q1 2021, the Cabinet said in a statement in mid-December.

According to Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt’s exports to the African Union countries have reached more than $5.4 billion in 2021 compared to around $3.9 billion in 2020.

Libya, Sudan, Morocco, Algeria, and Kenya received more than 60 percent of Egyptian exports, according to CAPMAS.