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One of the crew members of an Emirates Airlines aircraft due to depart Ugandas Entebbe International Airport has sustained life threatening injuries after jumping off the emergency door.The Flight EK 730 had just delivered passengers to Entebbe on Wednesday and was preparing to load others passengers for Dubai when the incident happened.
A source at the airport said that the yet-to-be-identified crew member, was immediately evacuated and taken to hospital with life threatening injuries.
The exact cause of the incident was not yet clear, but some eye witnesses cited possible suicide.
She had been seen holding what looked like a glass bottle under her chin before she made the fall.
witnesses said they had seen her in a verbal exchange with colleagues as they boarded the plane.
When contacted, Mr Vianney Luggya, the Principal Public Affairs Officer at the Civil Aviation Authority, confirmed the incident.
In a press statement, Civil Aviation Authority said the crew opened the emergency door and unfortunately fell off without explaining how.
Source: NAN
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By Naomi LagiThe President, Chartered Institute of Forensic and Investigative Auditors in Nigeria (CIFIA) Mrs Victoria Enape has said that forensic accounting was the only way to control fraud.
Speaking on Thursday during a Public Hearing organised by Senate Committee on Establishment and Public Service chaired by Sen. Emmanuel Paulker.
The hearing was on four bills, namely Chartered Institute of Forensic and Investigative Auditors in Nigeria; Chartered Institute of Finance and Control in Nigeria.
Others are Chartered Institute of Forensic Accountants of Nigeria; and the Institute of Mediators and Conciliators Bill.
According to Enape, if the bill for Chartered Institute of Forensic Accountants of Nigeria is passed it will help Nigeria to have skilled professionals to deepen fraud prevention, detection and preserve money in government treasury for infrastructural development that is fast disappearing in our country today.
She stressed that the CIFIA was not in conflict with any other established institution or body stressing that the role of the institute was clear cut.
CIFIA should not be seen as a rival to ICAN, just as CIFIA is not seen as a rival to ANAN.
Nothing stops an accountant from becoming a member of ICAN and CIFIA or any other professional body for that matter, she said.
Enape further noted that the accounting profession had many branches with different responsibilities and professional bodies regulating their activities.
Auditing has no professional body regulating it, this gave the opportunity for financial accountants to claim autonomy, and as a matter of fact leads to their inability to control and prevent fraud, corruption and other financial crimes, she said.
She therefore posited that the CIFIA if passed would monitor the serve as a check to the financial statements prepared by accountants and also help the federal government fight fraud and other financial crimes in its agencies.
On his part, representative of the Institute of Forensic Accountants of Nigeria, Prof. Usman Awheela commended the senate for the proposed bills.
Awheela said their members had not been allowed to practice forensic accounting since there was no backing law.
He explained that forensic accounting is the unique blend of education and experience in applying accounting, auditing skills and investigative techniques to uncover truth, form legal opinions in order to assist in litigation support.
Forensic accounting professionals provide assistance on cases which are primarily related to calculation and estimation of economic damages and related issues that includes white-collar crimes.
However, the Institute of Chartered Accountants of Nigeria (ICAN), kicked against the proposed bills, saying their functions and responsibilities were already contained in the 1965 Act that established the Institute and would therefore amount to needless duplication of functions.
ICAN President, Mr Ismaila Zakari said that the Institute had in 2009 established seven Faculties to provide training for members in their areas of specialisation.
Zakari added that the institute also provided specialist certification courses and issue certificates to qualified members as evidence of expertise and authority to practice their specialised skills.
The Forensic accounting curriculum is carefully drawn to ensure that, to be a forensic accountant, one must necessarily be a qualified chartered accountant, be certain of technical competence and preserved professional integrity.
Meanwhile, the Minister of Finance, Mrs. Kemi Adeosun said the relevance of forensic accounting globally could not be over-stressed, noting that many countries across the world, including Nigeria had suffered from fraudulent practices.
The minister, represented by Director of Home Finance in the ministry, Mrs. Olubunmi Siyanbola, chronicled federal governments efforts in detecting and preventing fraud, including Presidential Initiative on Continuous Audit, Efficiency Unit and Whistle blowing programme.
She, however, emphasised the need for Senate to exercise caution such that the essence of professionalism was not destroyed in the course of creating new bodies.
Chairman of the Committee, Sen. Emmanuel Paulker said the passage of the bill on Chartered Institute of Forensic and Investigative Auditors in Nigeria would promote high ethical standards among members.
This is in a bid to stamp out cases of compromised auditing in the country, he said.
Source: NAN
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adminposted in Create Wealth • read more

Search giant Google has said it will change its financial product policy in June this year, a move that will see advertisements related to cryptocurrency effectively banned.In a blog post published Tuesday, the firm indicated that it will change its existing financial product restriction list in June this year, blacklisting ad content "including but not limited to initial coin offerings (ICO), cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice."
"Such ads will no longer be allowed to serve," the blog reads. The restriction will apply both to Google's proprietary and affiliated advertisement platforms.
The move comes just a month after social media giant Facebook also announced that it would enforce a similar policy that bans advertisements involving bitcoin and initial coin offerings in bid to prevent cryptocurrency-related promotions that may deceive investors.
While Google has not explained in details the reasons of its ban, the new policy comes at a time when regulators in the U.S. have been increasingly scrutinizing cryptocurrency projects that tout unrealistic investment opportunities and promote themselves to investors over the internet.
The latest moves by Google and Facebook - two of world's largest internet and advertising platforms - are also in line with U.S. regulators' effort at both state and federal levels in cracking down ICOs that appear dubious in the government's view.
As reported before, the U.S. Securities and Exchange Commission has also issued multiple warnings regarding its increasing effort in monitoring initial coin offerings that the agency may deem as issuing unregistered securities.
Source: Coindesk
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adminposted in News & Trends • read more

Metropolitan Lagos most famous dumpsite at Olusosun, Ojota has been gutted by fire, leaving residents, motorists and commuters panicky.Thick black smoke could be seen far from the site, located near the old Lagos Toll Gate.
The unusual fire triggered a heavy traffic jam in the area, according to witnesses.
Mr Adesina Tiamiyu, the General Manager of the Lagos State Emergency Management Agency (LASEMA) told the News Agency of Nigeria (NAN) on Wednesday, that the cause of the fire outbreak was yet to be ascertained.
Tiamiyu said that what was of utmost importance was to stop the fire, so that it does not extend to the LAGBUS Terminus.
He said that the fire started around 4pm and there was no casualty.
According to him, the emergency response team, the Lagos Fire Service, the Lagos Waste Management Authority (LAWMA) were at the site to curtail the fire.
NAN reports that the Lagos State Government has said that the Olusosun and other dumpsites will be closed down, as part of the Cleaner Lagos Initiative (CLI).
The government, through an Environmental Utility Firm, Visionscape Sanitation Solutions, has commenced the construction of the first engineered sanitary landfill in Epe, to ensure better waste management.
‘Cleaner Lagos’, a Twitter handle of the Ministry of Environment explained the possible cause of the fire:”It is necessary to clarify that the fire at Olusosun dumpsite wasn’t deliberately set by the Lagos state government or any individual. It broke out as a result of the pockets of unstable gases caused by indiscriminate dumping and further compounded by dry weather”.
Source: NAN
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adminposted in News & Trends • read more

Just days after President Muhammadu Buhari's visit to Benue State, Suspected herdsmen, late last night ambushed traders in Guma LGA of Benue State, killing many of them, including market women and children.According to DAILY POST, it was gathered that the victims were returning from the popular Yelewata Market when the attackers laid ambush on them, hacking some of them to death and inflicting injuries on several others.
Earlier, the suspected herdsmen had attacked Tse Igbe at Nyiev Council Ward in Guma Benue State, killing one Christopher Unenge, a Catholic catechist and another villager identified as Ayem Mbakuughur and many others.
Among those killed in the latest attack, was a man identified as Aondowase Uma, market women and some children.
“They killed Aondowase Uma, many other persons and even injured four people who were returning from Yelewata Market last night.
“As we speak, several persons are still missing; as at this morning, search is still ongoing,” a fleeing resident told our reporter Wednesday morning.
Source: DAILYPOST.NG
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adminposted in News & Trends • read more

The presidency on Tuesday summoned the Inspector-General of Police, Ibrahim Idris, for questioning over why he breached President Muhammadu Buhari’s order to relocate to Benue following the January 1 killings in the state.President Buhari received Idris in a private audience. And Idris left about 30 minutes after without speaking to pressmen.
President Buhari had on Jan. 9 ordered the Inspector-General to move to Benue to check the reported cases of attacks on innocent citizens.
However, President Buhari who was on an official visit to Benue on Monday in continuation of his tour of troubled areas in the country was told by Gov. Samuel Ortom of Benue that the Inspector-General refused to obey his directive.
Ortom, who is not a fan of Idris, alleged that Idris only spent 24 hours in Benue, and later moved to neigbouring Nasarawa state.
“The president demanded for a full report on police operations till date after which he will make further decisions”, a source told NAN.
“”There is a renewed resolve to make sure that the killings and bad security situation in Benue State abates,’’ the source further said.
When contacted, the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu confirmed the meeting but refused to disclose details.
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Manchester United crashed out of the Champions League Tuesday as Wissam Ben Yedder struck twice in four minutes in the second-half to send Sevilla into the quarter-finals.It was the first time in 60 years that Sevilla reached this stage of the competition, with a stunning 2-1 win at Old Trafford.
The Spaniards progressed by the same score on aggregate after a goalless first-leg draw.
The visitors were deserving winners as they controlled the game throughout but had to wait for Ben Yedders introduction as a substitute to add a clinical finish.
Ben Yedder put Sevilla in front 16 minutes from time when he blasted into the bottom corner before heading in a second shortly after.
Romelu Lukaku reduced Uniteds arrears, but it was too little, too late with United boss Jose Mourinhos decision to once again drop Paul Pogba certain to be scrutinised.
Mourinho sprang a surprise before kick-off by recalling Marouane Fellaini at the expense of Pogba, who had also been dropped for the first game.
Jesse Lingard also returned in place of Juan Mata in Mourinhos only other change from the side that beat Liverpool 2-1 at the weekend.
And Lingard nearly had an instant impact as he teed up Lukaku on the edge of the box, but the Belgians effort drifted high and wide.
Sevilla dominated the vast majority of the first leg only to be denied by some stunning saves from David de Gea.
However, it was wayward finishing rather than the Spanish number one that prevented the visitors making the most of their ascendency for most of the match.
Joaquin Correa headed just over from a corner before Luis Muriel and Franco Vazquez fired off target when well-positioned on the edge of the area.
Indeed, of Sevillas 10 efforts on goal in the first period only one weak Muriel effort forced De Gea into making a save.
Substitute Wissam Ben Yedders second goal looped over the line to finish off United
Mourinhos gamble on Fellaini appeared to have largely backfired as he failed to impose his physical presence on Sevillas ball players in midfield.Yet, the Belgian nearly made the breakthrough with Uniteds best move of the opening period when he latched onto Alexis Sanchezs layoff and his powerful effort was turned behind by Sergio Rico.
The second period began in the same vein as the first with Sevilla on the front foot, and only a brilliant last-ditch tackle by Eric Bailly denied Correa a clear sight of goal.
Chances kept coming for Sevilla as Muriel then turned a dangerous Pablo Sarabia cross inches wide.
Pogba, who cost United a then-world record 89 million ($116 million) in 2016, was eventually introduced just after the hour mark with Fellaini sacrificed.
However, even the Frenchman couldnt kickstart the hosts and they were eventually made to pay.
Source: NAN
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adminposted in News & Trends • read more

Jose Mourinho insisted European disappointment is nothing new for Manchester United after losing 2-1 to Sevilla at Old Trafford to crash out of the Champions League.Wissam Ben Yedder struck twice in four second-half minutes on Tuesday to send Sevilla into the quarter-finals for the first time in 60 years as United suffered a first European home defeat since Alex Fergusons Champions League farewell in 2013.
Mourinho was on the winning side that night as Real Madrid manager and also sent United out of the last 16 when Porto boss in 2004.
Ive sat in this chair twice before with Porto, Manchester United out, and Real Madrid, Manchester United out, so I dont think its anything new for the club, said Mourinho, who bristled at questions over his tactical approach.
I dont want to make a drama of it. We have no time to be sad for more than 24 hours, thats football. Its not the end of the world.
The visitors were deserving winners as they controlled the game throughout, but had to wait for Ben Yedders introduction as a substitute 18 minutes from time to add a clinical finish by taking his Champions League tally for the season to eight goals in seven appearances.
Ben Yedder put Sevilla in front two minutes later when he blasted into the bottom corner before heading in a second shortly after.
Romelu Lukaku reduced Uniteds arrears, but it was too little, too late with Mourinhos decision to once again drop Paul Pogba certain to be scrutinised.
In the first half we played a good game apart from the last 30 minutes, said Sevilla coach Vincenzo Montella.
In the second half we were more clinical with Ben Yedder, he made the difference today.
Mourinho sprang a surprise before kick-off by recalling Marouane Fellaini at the expense of Pogba, who had also been dropped for the first game.
Sevilla dominated the vast majority of the first leg only to be denied by some stunning saves from David de Gea.
However, it was wayward finishing rather than the Spanish number one that prevented the visitors making the most of their ascendency for most of the match.
Indeed, of Sevillas 10 efforts on goal in the first period only one weak Muriel effort forced De Gea into making a save.
Source: NAN
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adminposted in News & Trends • read more

Edin Dzeko was the hero as Roma reached the Champions League quarter-finals for the first time in 10 years edging past Shakhtar Donetsk 1-0 at the Stadio Olimpico on Tuesday.Dzekos goal allowed the Italians to win the tie on away goals.
The Bosnian strikers 52nd-minute goal proved enough after a 2-1 first-leg loss in Ukraine, with 10-man Shakhtar failing to find the late strike they needed after Ivan Ordets was sent off late on.
Cengiz Unders goal in the first leg last month ultimately proved crucial for Roma, but Dzeko was the hero on the night and also proved instrumental in Shakhtar defender Ordets being shown a straight red card with 12 minutes left.
That sending-off led to tensions spilling over, with Shakhtars Facundo Ferreyra picking up a booking for shoving a ballboy over an advertising board.
Eusebio Di Francescos side are the second Italian team to advance to the quarter-finals after Juventus, with the draw for the last eight taking place on Friday.
The standing ovation is not for me but for everyone, we are deservedly in the quarter-finals, said Dzeko of the applause which accompanied him off the pitch.
We managed to do something Roma hadnt in 10 years, so going forward to play against the best makes us all very proud.
We are among the eight best sides in Europe.
Roma did not concede a goal at home in the group stage and hammered Chelsea 3-0 at the Stadio Olimpico, so the home fans in the crowd of 47,693 would have been confident their side could get the job done.
The Ukrainians dominated early possession though, and there was a scare for the hosts when Alessandro Florenzi nearly nodded a free-kick into his own net.
Source: NAN
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Tiger Woods and Ernie Els shifted their decades-long friendly rivalry onto the international stage as they were officially named captains for the 2019 Presidents Cup on Tuesday.Woods, holds the match-play competitions record with 24 match wins for the U.S., and Els, has won an International side best 20 matches.
They will lead their teams to Australia.
Australia will host the 2019 edition of the Cup from Dec. 12 to Dec. 15 at Royal Melbourne.
The announcement was made in the Latrobe Room at Bay Hill, site of this weeks Arnold Palmer Invitational on the PGA Tour.
Els and Woods have frequently shared golfs main stage.
Four-times major winner Els of South Africa has been runner-up to Woods seven times in his professional playing career, including twice in majors the U.S. and British Open in 2000.
Woods and Els served as captains assistants in the 2017 Presidents Cup.
Then, the 12-man U.S. team won 19-11 at Liberty National in New Jersey for their 10th Cup victory against one loss and one draw in the biennial event.
Els and Woods also shared an iconic moment at the 2003 Presidents Cup when they faced off in a sudden-death playoff to decide the competition.
They battled evenly through three tension-packed playoff holes before failing light forced officials to declare the event in South Africa a draw.
Tiger and I have had some great duels in the past, and I look forward to the challenge of going against my longtime friend yet again in 2019, said Els.
Els might even have to stomach Woods once again wielding a golf club in the matchplay competition.
Woods, who has launched a comeback after his spinal fusion surgery a year ago, finished joint runner-up by one shot last week at the Valspar Championship.
He said on Tuesday with a smile that he had thought about a possible playing captaincy.
The 42-year-old American acknowledged there was a lot of time and a lot of golf to go before the teams are set.
Thats a bridge thats a long way away from now to be crossing but, if it does come to that point, it wont just be my decision, it will be a collaborative effort, what is best for the team, said Woods.
PGA Tour Commissioner Jay Monahan said having contemporary giants such as Woods and Els captain the Presidents Cup teams could have a huge impact on the event and the game of golf.
I think its huge for two reasons. One, theyre going to bring the world at large to the Presidents Cup as they have done every time that theyre competing on a global stage, he said.
And in doing so theyre likely going to be bringing forward future stars.
We dont know who is going to come forward between now and then, but its likely that stars from new countries are going to come with Ernie Els and Tiger Woods leading their respective teams.
So, I think its just going to take the game deeper and wider than its ever been.
In addition to the naming of the captains, two format changes were announced.
Each player will only be required to play one match prior to the final-round singles instead of two as in past competitions.
Also, the top eight players for the International and U.S. team standings will automatically qualify following completion of the 2019 Tour Championship.
Captains will later select four wild-card picks instead of the two they had previously.
This will be the third Presidents Cup to be held at venerable Royal Melbourne, designed by Alister MacKenzie, who also designed Augusta National.(Reuters/NAN)
Source: NAN