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MICROSOFT CO-FOUNDER PAUL ALLEN DIES OF CANCER COMPLICATIONS

By Eric Nnaji [update] FILE PHOTO: Seattle Seahawks owner Paul Allen on the field before Super Bowl XLVIII against the Denver Broncos at MetLife Stadium in East Rutherford, New Jersey, U.S., February 2, 2014. Mandatory Credit: Mark J. Rebilas/File Photo. Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start what became the world’s biggest software company, died on Monday at the age of 65, his family said. Allen left Microsoft in 1983, before the company became a corporate juggernaut, following a dispute with Gates, but his share of their original partnership allowed him to spend the rest of his life and billions of dollars on yachts, art, rock music, sports teams, brain research and real estate. Allen died from complications of non-Hodgkin’s lymphoma, a type of cancer, the Allen family said in a statement. In early October, Allen had revealed he was being treated for the non-Hodgkin’s lymphoma, ...

COURT SUMMONS EFCC, BANKS OVER FREEZING OF BENUE GOVT ACCOUNTS


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The Federal High Court in Makurdi has summoned the Economic and Financial Crimes Commission (EFCC) and two commercial banks to appear before it over the recent freezing of the state government accounts.
The banks are United Bank for Africa, UBA and Fidelity Bank.
In the writ of summons issued to the defendants on Wednesday, the court demanded the EFCC and the two banks to, within 30 days, state why they froze the accounts of the state government.
The state, through the office of the Attorney General and Commissioner for Justice, had asked the court to declare that the EFCC acted against the law when it directed the banks to freeze its accounts.
The state government is also demanding a declaration of the court that by freezing the said accounts, EFCC denied the government the right to operate and transact on the affected accounts.
The suit also seeks the verdict of the court to the effect that a state government’s account maintained with any bank or financial institution in Nigeria does not fall within the class of bank accounts liable to be frozen by the EFCC.
Another relief sought by the Benue State Government is an order of perpetual injunction restraining the EFCC or its agents from freezing accounts held in UBA and Fidelity Bank or any other bank.
Furthermore, the state government is demanding N30,000,000,000 from the defendants as damages suffered during the periods the accounts were frozen.
Consequently, the court fixed October 8, for hearing of the case.
The EFCC had on August 7, 2018, ordered the freezing of the Benue State Government’s accounts over allegations of abuse of the state’s security votes.

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