NBI forms ‘Task Force Cash Cow’ to probe alleged SEA Games fund anomalies

The National Bureau of Investigation (NBI) has created ‘Task Force Cash Cow’ to investigate alleged irregularities in the disbursement of government funds for the country’s hosting of the 2019 Southeast Asian (SEA) Games.

NBI Director Melvin Matibag said the task force will examine the release and utilization of about ?6.7 billion in government funds reportedly funneled to the Philippine Southeast Asian Games Organizing Committee (PHISGOC), a private entity that handled the staging of the regional sporting event.

Speaking on the sidelines of the Rotary Club of Manila’s weekly membership meeting at the Sheraton Manila Hotel in Newport World Resorts, Matibag said the task force is composed of personnel from the NBI’s Public Corruption Division, Special Action Unit, the Office of the Director and various field offices.

According to Matibag, the initial NBI inquiry showed that funds from the Department of Budget and Management (DBM), the Philippine Sports Commission (PSC) and the Philippine Olympic Committee (POC) were released to PHISGOC for the conduct of the SEA Games.

To trace how the funds were used, Matibag said he has sought the assistance of the Commission on Audit (COA) and the Bureau of Internal Revenue (BIR).

‘We are looking into BIR records. We will ask the assistance of COA and, of course, the Securities and Exchange Commission,’ Matibag said.

He noted that PHISGOC, being a corporation registered with the Securities and Exchange Commission (SEC), should have submitted audited financial statements.

Matibag also said the NBI intends to question officials of the POC and the PSC as part of the investigation and expand the probe to include other funds allegedly received by PHISGOC.

The NBI chief confirmed that seven individuals, including PHISGOC chairman Ramon ‘Tats’ Suzara, chief financial officer Dexter Estacio and corporate secretary John Lester Buenconsejo, have been subpoenaed to appear before the bureau on Monday.

The investigation comes as the Office of the Ombudsman earlier announced it would review its 2021 resolution dismissing the criminal and administrative complaints filed against former Bases Conversion and Development Authority president, now Public Works Secretary Vince Dizon, and several others over the construction of sports facilities for the Southeast Asian Games.

The Ombudsman dismissed the complaints in December 2021 for insufficiency of evidence.

Ogun Assembly clears ex-Speaker

Ogun State House of Assembly has cleared former Speaker Olakunle Oluomo of allegations of embezzlement linked to his removal from office in 2024.

It resolved to commute his impeachment to resignation.

The resolution was adopted during yesterday’ plenary at the assembly complex in Oke-Mosan, Abeokuta, following the presentation of the Committee of the Whole House report by Deputy Speaker Mrs Lateefat Ajayi.

The report stemmed from a motion submitted by Oluomo to the assembly on March 31 this year, seeking either his exoneration or the presentation of evidence to substantiate the allegation against him.

Ajayi subsequently moved for the adoption of the committee’s report, a motion seconded by Mr Yusuf Amosun and unanimously approved by members through a voice vote.

According to the report, the house found that the allegation of embezzlement was not included in the notice of removal served on the former Speaker and could not be substantiated based on the evidence available before the assembly.

The lawmakers also considered Oluomo’s plea under Section 36 of the 1999 Constitution (as amended), which guaranteed the right to fair hearing, and reviewed relevant materials before reaching their decision.

The report stated that the assembly had withdrawn the allegation of embezzlement, declaring that it would no longer form part of the reasons for Oluomo’s removal from office.

In a further resolution, the house overturned Oluomo’s impeachment and commuted it to a resignation.

The assembly said the decision was taken in the interest of camaraderie, unity and harmony among members.

The resolutions effectively remove the embezzlement allegation from the official record relating to Oluomo’s exit as Speaker.

Reacting, Oluomo said he had been on it since March this year, stressing that he was in court earlier to challenge the action of the state lawmakers in removing him in 2024.

He said he filed a motion to the house demanding that it should reverse itself following the court decision that the lawmakers could remove him from office, but held that they did not provide any evidence to substantiate allegations of embezzlement or misappropriation of funds against him.

According to him, he pointed out that if they failed to vacate the unsubstantiated allegations, he would be compelled to return to the court again.

Radda moves to tackle voter apathy

Katsina State Governor Dikko Radda yesterday called for renewed action against voter apathy.

He said ensuring credible local government elections could strengthen operational independence of state-owned Independent Electoral Commissions (SIECs) and restore public confidence.

Radda made the call in Katsina at the opening of the 14th National Delegates Conference of the Forum of State Independent Electoral Commissions of Nigeria (FOSIECON).

The governor was represented by the Commissioner for Water Resources, Alhaji Manir Sullubawa.

The conference brought together chairmen and commissioners of state electoral commissions, officials of Independent National Electoral Commission (INEC), development partners, traditional rulers, security agencies, civil society organisations and other stakeholders, to deliberate on strategies for addressing voter apathy ahead of the 2027 general election.

Governor Radda described Katsina’s hosting of the conference for the second time as having reflected the confidence reposed in the state for its peaceful environment, hospitality and commitment to democratic development.

He said: ”Democracy can only thrive when public institutions operate with integrity, accountability and independence.

”State Independent Electoral Commissions represent critical institutions in ensuring credible local government elections that truly reflect the will of the people.”

Radda said his administration had implemented reforms across key sectors, including security, agriculture, education, health care and social welfare, under its ‘Building Your Future’ agenda.

He recalled the February 15, 2025 local government election during which chairmen of the 34 local governments and 361 councillors were elected, noting it was a model of credible electoral conduct.

The governor said no legal challenge was filed before or after the exercise.

He urged participants to exchange ideas and experience that would strengthen electoral administration and deepen democracy in Nigeria.

Chairman of Katsina State Independent Electoral Commission (KTSIEC), Alhaji Lawal Faskari, said the state was honoured to host the FOSIECON conference for the second time, having first hosted the event in 2013.

He said the choice of Katsina reflected the confidence other state electoral commissions had in the state’s capacity to organise national gatherings.

Faskari described the conference as timely, as Nigeria prepares for the 2027 general election, expressing confidence that its resolutions would contribute to improving electoral administration across the country.

The chairman of the occasion and former deputy governor of Katsina State, Alhaji Tukur Jikamshi, said state electoral commissions remained vital to sustaining democratic governance.

He advised electoral officials to uphold transparency, fairness and integrity in the discharge of their constitutional responsibilities, to strengthen public confidence in the democratic process.

FOSIECON National Chairman and Chairman of Kogi State Independent Electoral Commission, Mamman Eri, described the conference as an important platform for reviewing challenges facing electoral administration, sharing best practices and strengthening state electoral institutions.

NSCDC arrests telecom vandals in C’River

The Nigeria Security and Civil Defence Corps (NSCDC), Cross River Command, has arrested two suspects for allegedly vandalising telecommunications assets in the state.

The Command’s spokesperson, Orok Kinini-Iyeme, disclosed this in statement in Calabar on Thursday.

Kinini-Iyeme said the breakthrough followed intense, intelligence-led operation that led to the arrest of 24-year- old scrap metal dealer.

He explained that the suspect served as the primary receiver for stolen ATC Base Transceiver Station (BTS) equipment in the Odukpani Local Government axis of the state.

He also said that the arrest was made possible following an earlier arrest of the principal suspect, aged 23, on July 15, while attempting to vandalise an ATC BTS Facility (Site No. 630363 – CRO 165) at Odukpani Junction.

‘During preliminary interrogations, the principal suspect confessed to actively stripping the telecom site and selling the stolen components to a local scrap dealer.

‘Acting swiftly on this intelligence, the State Commandant, Okarazu Chima, directed the immediate deployment of a joint team comprising the Intelligence Department, CNAI operatives, and the Odukpani Divisional personnel.

‘On July 18, 2026, the operatives successfully tracked and raided the receiver’s enclave at the Odukpani Flyover bridge, leading to his immediate arrest.

‘During a thorough search of the receiver’s premises, operatives recovered a massive black metal radio mounting frame, measuring approximately 4ft 2 inches by 4ft 11 inches, which was explicitly identified as the stolen ATC facility component,’ Kinini-Iyeme said.

According to Kinini-Iyeme, the receiver admitted to purchasing the items from the principal suspect on two separate occasions but claimed ignorance of their origin.

He said that the command was currently analysing statements from both suspects and has launched a massive tactical manhunt for fleeing members of the syndicate, including another receiver, as well as the syndicate’s primary financier.

Energy programme remains on track, Damianos says

The Republic of Cyprus’ energy programme remains on schedule, Energy Minister Michalis Damianos said, adding that first gas from the Aphrodite field is expected by the end of 2030 or in 2031.

Asked about an announcement issued on Wednesday by NewMed on the signing of a memorandum for the sale to the Egyptian Natural Gas Holding Company (EGAS) of all recoverable natural gas volumes from the Aphrodite field, located in Block 12 of Cyprus’ Exclusive Economic Zone, Damianos said the company was required to make the announcement because it is publicly traded.

He said the agreement concerns the development of the Aphrodite field, with the gas to be transported to Egypt ‘in line with the agreements reached so far with our partners’.

‘The energy programme is progressing as planned. We expect the final investment decision in January 2027, with Chevron also expected to take its final investment decision that year. This means that within four years, by the end of 2030 or in 2031, we expect first gas from Aphrodite,’ he added.

‘This is the energy programme, these are the timelines and, at present, everything is proceeding according to schedule,’ the Minister concluded.

CNA/KST/HT/EPH/2026S, CYPRUS NEWS AGENCY

Peso dips as oil prices rise on reignited war

THE Philippine peso slumped anew to a record low of P61.75 against the dollar on Wednesday on the back of a re-escalation of tensions between the United States and Iran which led to elevated crude oil prices.

Data from the Bankers Association of the Philippines (BAP) showed this rate is .5 or half-a-centavo weaker than its previous finish of P61.745 against the greenback on Tuesday.

The P61.75 per-dollar level was last seen on May 18 and 19 of this year, BAP data also noted.

Jonathan L. Ravelas, senior adviser at Reyes Tacandong and Co. explained that the peso fell after the greenback strengthened further on elevated crude oil prices as US and Iranian attacks escalated, renewing inflation concerns.

As such, the foreign exchange analyst said he expects the currency to range 61.60-61.90 levels in the near-term.

For his part, Michael L. Ricafort, chief economist at the Rizal Commercial Banking Corporation (RCBC), said the peso-dollar exchange rate lingered at 61.75 after global crude oil prices posted new one-month highs lately.

‘Global crude oil prices posted new 1-month highs lately. Brent crude oil price was higher at US$92 per barrel levels [vs. US$88 since late last week], the highest since June 11, 2026, but still among 4-month lows,’ added Ricafort.

For his part, John Paolo R. Rivera, Senior Research Fellow at Philippine Institute for Development Studies (PIDS) said this ‘largely reflects external factors, particularly the stronger US dollar, expectations of higher US interest rates, and heightened global uncertainty.’

While a weaker peso raises the cost of imports and may add to inflationary pressures, Rivera said it also benefits remittances and exports.

As such, he pointed out: ‘We should focus less on a single record-low level and more on whether the depreciation becomes prolonged and disorderly.’

‘The country’s solid external buffers including ample international reserves and steady foreign exchange inflows from remittances, tourism, and the IT-BPM sector should help cushion excessive volatility,’ added Rivera.

Last week, BMI, a Fitch Solutions unit, said it expects the Philippine peso to remain under pressure in the coming months and trade within a P61-P63 against the dollar range.

‘A renewed escalation in the US-Iran conflict, US dollar firmness and seasonal peak in import demand will weigh on the peso in the near term,’ added BMI.

Within the trading session, the local currency’s strongest level was at P61.73 against the dollar while its weakest was at P61.75 against the greenback.

Cyprus Department of Meteorology – Forecast for the Sea Area of Cyprus (?)

CYPRUS DEPARTMENT OF METEOROLOGY

FORECAST FOR THE SEA AREA OF CYPRUS (A)

FOR THE PERIOD FROM 0600 23/07/2026 UNTIL 0600 24/07/2026

Area covered is 8 kilometers seawards.

Winds are in BEAUFORT scale. Times are local times.

Atmospheric pressure at the time of issue: 1003hPa (hectopascal)

Seasonal low pressure is affecting the area. The weather will be mainly fine but early morning increased low cloud, local mist and fog patches are likely.

Visibility: Good, but moderate to poor in mist and very poor in fog

Sea surface temperature: 28°C

Warnings: NIL

AREA PERIOD WIND STATE OF SEA

West Coast

Morning Southeast to Southwest 3, gradually Southwest to Northwest 3 to 4 Smooth to Slight

Afternoon West to Northwest 3 to 4, at times locally 4 Slight

Night Northwest 3 to 4, gradually near the coast North to Northeast 3 Slight

South Coast

Morning Northwest to Northeast 3, soon South to Southwest 3 to 4 Smooth to Slight

Afternoon Southwest 4, at times locally 4 to 5 Slight

Night Southwest to West 3 to 4, gradually West to Northwest 3 Slight, gradually Smooth to Slight

East Coast

Morning Southwest to Northwest 3, soon Southeast to Southwest 3 to 4 Smooth to Slight

Afternoon South to Southwest 3 to 4, at times offshore 4 to 5 Smooth to Slight, at times offshore Slight

Night Southwest to Northwest 3 Smooth to Slight

North Coast

Morning Southeast to Southwest 3, soon Southwest to Northwest 3 to 4 Smooth to Slight

Afternoon Southwest to Northwest 3 to 4, at times locally 4 Slight

Night Southeast to Southwest 3 Smooth to Slight

Accord, police bicker over officers’ neutrality

Ahead of the August 15, 2026 Osun governorship election, the ruling Accord Party and the Osun State Police Command have traded accusations over the neutrality of security operatives.

In a statement by the party’s chairman Pastor Victor Akande accused the police of shielding alleged APC-backed thugs while harassing and arbitrarily arresting members of rival groups, particularly transport union members.

Akande alleged that the Command had abandoned its constitutional duty of impartiality, failing to arrest individuals linked to violent attacks in several communities despite widespread allegations. He named suspects-Asiri Eniba, Ojuyobo and D-Law-as operating freely, claiming ‘security personnel failed to act decisively during reported shootings but suspects had been seen moving around under police protection.’

The party further alleged that police officers were targeting non-aligned transport union members through arbitrary arrests and intimidation, while those allegedly responsible for violent attacks were left untouched.

Akande urged Inspector-General of Police Tunji Disu to order an impartial investigation into all individuals linked to recent violence in the state and ensure that anyone found culpable was prosecuted regardless of political affiliation.

Police Public Relations Officer DSP Abiodun Ojelabi dismissed the allegations as false and misleading, insisting the Command remained committed to professionalism, impartiality and the rule of law.

He said the police had never provided protection for any individual, political party or criminal group, stressing that operations were intelligence-driven and based strictly on credible evidence.

‘Arrests were not carried out based on media reports, political statements or social media allegations, but on evidence capable of sustaining prosecution in court,’ Ojelabi said, adding that several suspects linked to breaches of public peace had already been arrested, investigated and charged where sufficient evidence existed.

The police also rejected claims of selective arrests of transport union members, insisting that every suspect taken into custody was arrested based on reasonable suspicion of criminal activity.

‘Some of the arrested suspects had confessed to plans to procure arms and ammunition to perpetrate further violence,’ Ojelabi noted, adding that political affiliation or union membership neither guaranteed arrest nor immunity from investigation.

He urged political parties, community leaders and residents to avoid inflammatory statements capable of heightening political tension ahead of the election, assuring the public that the Command would remain focused on protecting lives and property.

NAPTIP rescues 156 trafficking victims

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) yesterday said human trafficking has evolved beyond sexual exploitation and forced labour into cyber-enabled scam operations, with tech-savvy young graduates now the fastest-growing group of victims.

Director-General of NAPTIP, Binta Bello, disclosed this at a press conference ahead of the 2026 World Day Against Trafficking in Persons, themed ‘Trapped Behind the Scam.’

Bello said the agency rescued 156 trafficking victims between January and July, in addition to over 300 victims repatriated from Ghana and Cote d’Ivoire in 2025. She said NAPTIP has also disrupted several trafficking-linked scam centres nationwide.

According to her, young Nigerians, particularly skilled graduates, we’re being lured abroad with false job offers in IT, digital marketing, cryptocurrency trading, gaming and telecommunications.

On arrival, mostly in parts of Asia, their passports are seized and they are coerced through violence, debt bondage or psychological pressure into running online scams targeting victims worldwide.

The victims themselves become prisoners trapped behind computer screens, false promises, organised criminal networks, and fear, Bello said.

She said criminal networks now exploited social media, encrypted platforms, cryptocurrency and artificial intelligence to recruit and control victims, adding that large scam compounds operate mainly in Myanmar, Cambodia, Thailand and Laos, with similar hubs emerging in Nigeria and other parts of Africa. Victims there are coerced into romance scams, crypto and investment frauds targeting victims in the U.S., UK, Canada and Ethiopia, she added.

Citing global data, Bello said over 300,000 people are trafficked into scam operations across Southeast Asia annually, generating an estimated $64 billion, with victims drawn from 66 countries.

On prosecutions, she said NAPTIP has secured 839 convictions since its establishment, including 47 recorded this year. She urged Nigerians to verify overseas job offers and avoid unofficial recruitment channels.

Also speaking, UNODC Country Representative, Cheikh Toure, said trafficking thrives where legitimate opportunities are scarce, noting that job seekers and young people are most vulnerable to exploitation. He called for stronger investment in youth skills development, job creation and inclusive economic growth as a frontline defence against trafficking, alongside law enforcement.

PM to press Myanmar on river pollution

Thailand will hold talks with Myanmar leader Min Aung Hlaing next month on cross-border environmental and security issues, including toxic contamination in the Kok River, agricultural burning and narcotics production, Prime Minister Anutin Charnvirakul said on Wednesday.

Speaking in Chon Buri after returning from an official visit to China, Mr Anutin said environmental protection featured prominently in his discussions with Chinese leaders, including green economic development, clean energy and environmentally friendly manufacturing aimed at reducing greenhouse gas emissions.

He said the government remained committed to tackling environmental issues, including contamination in the Kok River, which authorities have been monitoring closely.

Mr Anutin said Myanmar’s president, Min Aung Hlaing, is scheduled to make an official visit to Thailand on Aug 3-4. During the visit, Thailand will raise concerns over toxic pollutants in the Kok River and seek Myanmar’s cooperation in addressing the problem.

The Kok River originates in Myanmar before flowing into Thailand, making cooperation between the two countries essential. He said measures to combat transboundary haze caused by agricultural burning, drug production and trafficking are also expected to be discussed.