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Osun Poll: Adeleke, APC clash over police interference, voting disruption plot allegations

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Osun State Governor Ademola Adeleke, and the All Progressives Congress, APC, have exchanged accusations over alleged police interference, political protests and plans to disrupt voting ahead of Saturday’s governorship election.

The latest dispute followed separate statements issued on Monday by the Imole Campaign Council, TICC, which is backing Adeleke’s re-election bid, and the Osun APC Governorship Campaign Council.

Both sides accused the other of attempting to manipulate security and electoral institutions ahead of the August 15 poll.

TICC in separate statements by Bamidele Salam, Chairman, Media and Publicity Committee and Pelumi Olajengbesi, spokesperson, rejected the APC’s allegation that Adeleke was planning to blackmail the Nigeria Police Force through a protest by hired women, describing the claim as unfounded.

The campaign council alleged that the APC had used the police to intimidate and harass political opponents during the election period. It further claimed that at least six of its members had been killed and several others injured during political violence.

“It is nothing but mischief for the APC that has unleashed unimaginable violence on Osun people, killing no fewer than six of our members, to turn around to blame the victim,” TICC said.

The council also alleged that more than 60 Accord Party members had been arrested by the police without justification, while accusing the security agency of treating APC members involved in alleged violence differently.

TICC claimed that “some Accord members had been arrested from their homes and alleged that security personnel had escorted suspected political thugs.”

It cited a viral video which it said appeared to show a police operative handing a firearm to a political thug in Ilesa.

The campaign council called on Inspector-General of Police, Tunji Disu, to intervene and ensure what it described as fair and neutral policing before the election.

“We totally reject the overt attempt by the Police to influence the August 15 governorship poll through coercion and unlawful arrests of Accord leaders and members,” the council said.

Separately, TICC alleged that the APC was pressuring the Independent National Electoral Commission, INEC, to end voting by 12pm in selected local government areas during Saturday’s election.

According to the campaign council, the alleged plan targeted areas considered political strongholds of Adeleke, with the aim of suppressing votes and disenfranchising eligible voters.

“We therefore call on INEC to resist every form of political pressure and strictly adhere to its established voting procedures and timelines,” TICC spokesman Pelumi Olajengbesi said.

The council urged INEC to ensure that no polling unit was arbitrarily closed while eligible voters who arrived within the stipulated voting period were waiting to vote. It also called on election observers, civil society organisations, international bodies and the media to monitor the process.

The APC, however, dismissed the allegations against it and accused Adeleke and the Accord Party of attempting to blackmail the police through a planned protest involving vulnerable women.

The APC campaign council in a statement by Engr Oluremi Omowaiye
Head, Media and Publicity Committee, alleged that some women had been recruited to protest at the Osun State Police Command headquarters in Osogbo, claiming some had been instructed to protest half-naked.

“Intelligence available to us reveals a preplanned, highly provocative plot to hire vulnerable women—some of whom have been instructed to protest half-naked—and march them to the State Police Command Headquarters in Osogbo,” the APC said.

The APC maintained that the police were investigating individuals suspected of involvement in electoral violence and urged security agencies to remain professional ahead of the election.

It also called on its supporters to remain calm and law-abiding as Osun voters prepare to cast their ballots on August 15.

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Afrinvest CEO recalls how Elumelu’s $1 million loan helped salvage firm from crisis

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Tony Elumelu played a supreme role in getting investment bank Afrinvest back on track in 2011 after the global financial meltdown pushed the investment bank to the brink, its chief executive recalled in a letter to the tycoon seen by PREMIUM TIMES.

The multisectoral magnate, who is the top shareholder of United Bank for Africa, the Transcorp Group, and Seplat Energy, granted a soft loan of $1 million to Ike Chioke, the CEO of the financial institution, as a mark of urgent support when the firm direly needed the cash to recapitalise, the latter said.

“Fifteen years ago, Afrinvest was navigating one of the most challenging periods in its history, as we struggled to rebuild and recapitalise the business in the aftermath of the global financial crisis,” Mr Chioke said.

“At that critical juncture, when the future was far from certain, you made the remarkable decision to lend me US$1 million of your personal funds. You placed your confidence not simply in the prospects of a business but in me as an individual, my integrity, my determination and my conviction that Afrinvest could emerge stronger from adversity.”

This June, Mr Chioke eventually completed the repayment of the credit, according to the letter, describing the gesture as an extraordinary act of friendship, generosity and trust.

READ ALSO: Afrinvest repays undocumented $1 million from Elumelu with interest

Mr Elumelu, whose economic vision is anchored on what he calls “Africapitalism” – an investment philosophy that prioritises the private sector’s role in democratising the wealth Africa needs to power large-scale growth, has been involved in active philanthropic initiatives on the continent.

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In March, his foremost charity project, the Tony Elumelu Foundation, turned sixteen, and he said the initiative had disbursed over $100 million in seed capital to 24,000 entrepreneurs in Africa and created more than 1.5 million jobs over the period.

The foundation expects to fund an additional 3,200 entrepreneurs this year, it said in September.

Mr Chioke applauded the profound impact Mr Elumelu’s financial assistance has had on Afrinvest, notably transforming it into a diversified regional financial services group with an expanding universe of clients and operations in asset management, investment banking, research & consulting, and securities trading.


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The New York Times reportedly in talks to buy Letterboxd for $330 million

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The New York Times Company has reportedly “entered exclusive negotiations” to acquire Letterboxd for $330 million, according to a report from The New York Times itself.

Letterboxd, an online platform for movie lovers that could be compared to Goodreads for movies, has grown dramatically in recent years. Letterboxd reported 3 million users in January 2021, a figure that grew to 28 million by April of this year. More than half of its users are under 35.

Letterboxd was previously reported to be seeking a new owner. According to the Times, film studios A24 and Sony were interested in the acquisition, but A24 was priced out.

Letterboxd is free, but users can access advanced features with a paid subscription. Its projected earnings for this year are estimated at $15 million, which is only about 4.5% of what the Times is supposedly offering to buy the company for.

The New York Times Company declined to comment on the acquisition to its own paper (lol). Personally, we wouldn’t be surprised if these anonymous tips were coming from inside the house, so we’re inclined to take this report pretty seriously.

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