Chelsea’s bank account has been temporarily suspended by Barclays in the wake of Roman Abramovich being sanctioned by the UK government.The club’s credit cards have also temporarily been suspended.The reason behind the suspension is that the bank requires time to assess the licence Chelsea have been given to continue football-related activities, Skysports reports.Chelsea are hopeful the suspension will be lifted shortly.The UK government on Thursday gave Chelsea a licence to continue with football-related activities after Abramovich had “his assets frozen, a prohibition on transactions with UK individuals and businesses, a travel ban and transport sanctions” imposed on him.The sanctions are intended to stop the 55-year-old from making any money in the UK, but the government has granted Chelsea a special licence to allow fixtures to be fulfilled, staff to be paid and existing ticket holders to attend matches.However, Chelsea cannot offer new contracts to players or staff, conduct any transfer business or sell new tickets to matches as things stand. Read AlsoRussia-Ukraine war: 12 latest developments you should knowUkraine: Premier League disqualifies Abramovich as Chelsea directorUkraine: Mayor abducted as Russian troops inch towards capitalChelsea are scheduled to play Newcastle United, live on Sky Sports, on Sunday.“Barclays suspending Chelsea’s bank account is going to have serious, serious repercussions for the club.“The issue Barclays have got is that the bank account is in the name of Chelsea but the owner is still Roman Abramovich, who has been sanctioned by the UK Government.“Nobody in the UK is allowed to do any business with Abramovich. Chelsea have a special licence to carry on their football-related activities but Barclays have to be sure they are comfortable taking the risk of carrying on providing banking services to Chelsea. Most banks are very risk-averse.“They do not want to do business with people that have been sanctioned by a government. Just because the UK Government say Chelsea can continue to carry on and play games it doesn’t mean Barclays are going to be comfortable with that arrangement. It’s well within their rights to withdraw banking services completely. But this is a temporary suspension and Chelsea are hopeful the suspension will be lifted shortly.“The bank will want to be sure that Chelsea are spending the money on what the government have allowed them to.”Tags: BARCLAYS CHELSEA RUSSIA-UKRAINE WAR UKRAINEjoin punch telegram channelKindly share this story:FOREX, BITCOIN AND BINARY TRADING: We help you professionally trade your forex, bitcoin and binary accounts for minimum 20% weekly profit. For details, visit www.standfx.com. Whatsapp +2348030797998Breaking!!! Nigerians can now earn in US Dollars by partnering with US based companies as affiliates, your compensation is paid directly to your bank account monthly. Click here to startTOP STORIESbrt, bamise niceBamise: Another lady reveals how arrested BRT driver wanted to rape her inside bus2023 RCCG’ll face moral crisis over Osinbajo, says Dele Momodu2023: RCCG’ll face moral crisis over Osinbajo, says Dele MomoduBabatunde IrukeraFG shuts illegal online banks, freezes business accountsDownload PUNCH NEWS app:Download The Punch News App for AndroidDownload The Punch News App for iOS Punch NewspapersSearch for:Search …NewsSportsMetro PlusPoliticsFeaturedLatest NewsBusinessBusiness & EconomyOpinionEntertainmentAuto FamousAuto PunchBarka Da SallahBarrier BreakersBreaking NewsBrexitColumnsCoronaAnti-corruptionBiafraBoko HaramCase ReviewCourt NewsCourt TriviaCampus ChampionCelebrityCity roundInterviewPanoramaOpinionSpecial FeaturesSpiceTechnologyFamous ParentEducationCartoonColumnsDiasporaAdvertise with usSubscribepunchng.com © 1971-2022 The Punch NewspaperAbout usAdvertise with usContactSocial media:
The Mayor of the Ukrainian city of Melitopol has been kidnapped.He was kidnapped on Friday by Russian soldiers occupying the city, according to President Volodymyr Zelensky.The war, which has continued for more than two weeks now, have seen the Russian troops closing in on the Ukrainian capital, Kyiv.The New Delhi Television Ltd reports that Russian advances have sparked fears that Kyiv could soon be encircled.Since the beginning of the war, the West and the European Union have continued to step up sanctions against Russia, with the last being the United States imposing a ban on Russian seafood, vodka and diamonds.
Roman Abramovich has been disqualified as a Chelsea director by the Premier League board after the British government sanctioned the Russian billionaire.Chelsea owner Abramovich was one of seven more oligarchs sanctioned this week by the UK following Russia’s invasion of Ukraine.The European champions have been placed under tough restrictions due to the sanctions on Abramovich.Chelsea are unable to sign players, renew contracts or sell tickets to matches, with limits on the amount of money they are allowed to spend on travel to away games.Now Premier League chiefs have taken action against Abramovich, who is described by the government as part of Russian President Vladimir Putin’s inner circle despite his denials of any association.“Following the imposition of sanctions by the UK Government, the Premier League board has disqualified Roman Abramovich as a director of Chelsea Football Club,” a Premier League statement said on Saturday.“The board’s decision does not impact on the club’s ability to train and play its fixtures, as set out under the terms of a licence issued by the Government, which expires on May 31 2022.”
Be the first to get hottest news from our Editor-in-Chief SIGN UP THANK YOU! Check your email and confirm your subscription You are already subscribed to our newsletter! Check your inbox to be the first to know the hottest news Home World Africa AFRICA Zimbabwe opposition supporters rally despite ban Saturday, March 12, 2022 at 6:14 PM by AFP A court banned Saturday’s rally on the grounds that organisers had not given long enough notice. Photo: Jekesai NJIKIZANA / AFP Source: AFP PAY ATTENTION: Click “See First” under the “Following” tab to see Legit.ng News on your Facebook News Feed! Thousands of opposition supporters rallied in Zimbabwe Saturday in defiance of a court ban, two weeks ahead of sensitive by-elections. Dressed in their yellow party colours, the crowd gathered in a stadium in Marondera, 70 kilometres (43 miles) east of Harare. Next Stay They came to hear an address by the leader of the Citizens Coalition For Change party, Nelson Chamisa. Chamisa is the leading rival to President Emmerson Mnangagwa, whose ZANU-PF party has ruled since independence in 1980. General elections are due in 2023. The by-elections are seen as a crucial pre-electoral test. Chamisa’s supporters have complained of growing repression by police. PAY ATTENTION: Install our latest app for Android, read best news on Nigeria’s #1 news app A court banned Saturday’s rally on the grounds that organisers had not given long enough notice. READ ALSO Nicaraguan opposition figure found guilty of financial crimes: family Unrest at an opposition rally last month left one person dead and 22 injured. Chamisa’s arrival drew wild cheers as police struggled to control the swelling crowd. Chamisa accused the state of clamping down on his campaign. “We are here for a peaceful gathering. We applied and that is what we are here for. There is no justification for their behaviour,” Chamisa told AFP. Having failed to overturn the ban on the rally, he called on supporters to go home. “I do not want politics of bloodshed, that is why I came here to address you. I do not want you to be hurt,” he said. “What they don’t know is that we have won already.” Hundreds of armed riot police then dispersed the crowd without incident. Mnangagwa came to power in 2017 after the death of longtime ruler Robert Mugabe. He promised reforms but Zimbabwe remains stricken by economic crisis. Read more: https://www.legit.ng/world/africa/1459892-zimbabwe-opposition-supporters-rally-ban/
Transit vehicle remanded over the murder of a passenger, Oluwabamise Ayanwola.The doctor is the second lady accusing Nice, who was remanded in prison on Friday, of rape after the death of Bamise.The narratives of the medical doctor and a former salesgirl, who spoke exclusively with The PUNCH, are similar to the late Bamise’s revelation in the text and audio chats the deceased sent to her friend after sensing danger inside Nice’s BRT.However, despite the revelations, the Lagos State Police Command and Lagos State Government are yet to make any official statements on the fresh accusations.The state government and police had earlier been alleged of a cover-up by a Senior Advocate of Nigeria, Ebun Adegboruwa.Medical doctor’s case:Anoke explained that the incident happened in December 2021, one month after Nice allegedly raped a former salesgirl in Lagos.
Search the site
punchng.com © 1971-2020 The Punch newspaper
Lekan Balogun gets staff of office as 42nd Olubadan
Segun Adewole and Olufemi Makinde11 March 2022Kindly share this story:
The Governor of Oyo State, Seyi Makinde, has handed the staff of office to Oba Lekan Balogun as the 42nd Olubadan of Ibadan.
This was during the new monarch’s coronation ceremony held in Ibadan, the Oyo State capital.
The ceremony was graced by Vice President Yemi Osinbajo and former Vice President Atiku Abubarkar.
Other dignitaries in attendance were Gov Kayode Fayemi of Ekiti, Gov Dapo Abiodun of Ogun, Deputy Governor of Osun, Benedict Alabi and Lucky Aiyedatiwa, the Deputy Governor of Ondo State.
Also at the event were the Alaafin of Oyo, Oba Lamidi Adeyemi III; the Ooni of Ife, Oba Adeyeye Ogunwusi; the Sultan of Sokoto, Alhaji Muhammadu Sa’ad Abubakar; Olugbo of Ugbo Kingdom, Oba Fredrick Obateru Akinruntan; and Ambassador of Republic of China to Nigeria, Cui Jiauchun.
Oba Yusuf Adeleye, the Olubaka of Okaland in Ondo State; Oluwo of Iwoland; the Ikere of Saki, Aseyin of Iseyin, former Governor of Oyo State and the Otun Olubadan, Chief Rasidi Ladoja and a former Deputy Governor of Lagos State, Femi Pedro were also present.
The ceremony was officially declared open at exactly 11.14am with the recitation of the National Anthem, Oyo State Anthem as well as Ibadan Anthem.
The administration crisis rocking the ruling All Progressives Congress is evidence of the inept misgovernment of the President, Major General Muhammadu Buhari (retd.), in all aspects of the governance in Nigeria in the last seven years, civil rights advocacy group, Human Rights Writers Association of Nigeria, has said.HURIWA, in a statement on Friday by its National Coordinator, Emmanuel Onwubiko, said the power tussle shaking the boat of APC whose leader is said to be the President has shown that the APC government cannot competently run the affairs of the country going forward.The group pointed out that the President and APC governors run the affairs of the party like headmasters, with no regard for constitutional and legal provisions by the Independent National Electoral Commission, thus the many woes confronting the party.The PUNCH had earlier reported that the Kaduna State Governor, Nasir El-Rufai, said the President ordered the APC Caretaker/Extraordinary Convention Planning Committee to remove Governor Mai Mala Buni of Yobe State as Chairman and replace him with his Niger State counterpart, Abubakar Bello.But INEC rejected a letter inviting it to an emergency meeting of the National Executive Committee of the governing party where Bello’s chairmanship, among other things, is to be ratified.The commission drew the attention of CECPC to the fact that the letter of invitation was not signed by the National Chairman and National Secretary of the CECPC, Buni and Dr John Akpanudoedehe, respectively.It said this was contrary to the provision of Article 1.1.3 of the Commission’s Regulations and Guidelines for Political Party Operations (2018).
The show promoter of Mr and Miss Nigeria International, Mr Brendan Nsikak, has lauded the participation of Chidinma Ojukwu, the suspected killer of Super TV Chief Executive Officer, Michael Ataga, in the ‘Miss Cell 2022’ pageant organised for female inmates by the Nigerian Correctional Services.
Nsikak, who is also the Chief Executive Officer of Brendance and Crusader Limited, gave the commendation in an interview with newsmen on Friday in Lagos, while reacting to the Miss Cell Pageant held within the Kirikiri correctional facility, and won by Chidinma.
Chidinma is standing trial for the murder of Ataga at the Lagos High Court, sitting at Tafawa Balewa Square.
“I commend the initiative and salute the courage of the participants, and to the ‘ Miss Cell 2022’, let her live her life until the judgment is served and passed on her,” Nsikak said.
The ‘Miss Cell’ beauty pageant was organised on March 8 as one of several activities lined up to mark International Women’s Day at the Kirikiri correctional facility.
Nsikak described the initiative as worthwhile, saying it was part of social activities to keep the inmates in sound mind and good spirit.
“It is a commendable step for Ojukwu to have the courage and boldness to take part in the competition, in spite of her ongoing trials at the courts.
Despite the purported ouster of the embattled Chairman of the All Progressives Congress Caretaker/Extraordinary Convention Planning Committee, Governor Mai Mala Buni of Yobe State, by his Niger State counterpart, Abubakar Bello, Buni may still be in control after all.
This is as the Independent National Electoral Commission rejected a letter inviting it to an emergency meeting of the National Executive Committee of the governing party where Bello’s chairmanship, among other things, is to be ratified.
INEC’s position is contained in a letter dated March 9, 2022, signed by the Secretary to INEC, Rose Anthony, titled, ‘Re: Invitation to the emergency meeting of the National Executive Committee.’
The letter is addressed to the National Chairman, APC CECPC.
The commission drew informed the CECPC that the letter of invitation was not signed by the National Chairman and National Secretary of the CECPC, Buni and Dr John Akpanudoedehe, respectively.
It said this was contrary to the provision of Article 1.1.3 of the Commission’s Regulations and Guidelines for Political Party Operations (2018).
Faulting the letter further, INEC reminded the signatories to the letter that of the provision in Section 82(1) of the Electoral Act 2022, “which requires ‘at least 21 days’ notice of any convention, congress, conference, or meeting convened for the purpose of merger and electing members of its executive committees, other governing bodies or nominating candidates for any elective office.”
As the Afrobeats scene continues to take the centre stage in global music, organisers of the prominent national music award, The Headies, have announced that the 15th edition of the award would be hosted in Atlanta, United States.
Making the announcement, on Tuesday, at the Eko Hotels in Lagos, the organisers also said that this year the award, which would be held at the COBB Energy Performing Arts Center, on Saturday July 2, 2022, is in partnership with the US Consulate.
The United State consulate said that it takes pride in partnering with the awards platform, because it will create positive employment opportunities for Americans.
“We are very proud to see Nigeria and its relationship with the United States. This is the year for Nigeria with arts and cultures, music, film and even sports. Three Grammy winners in Nigeria… I’m sure it’s going to attract American talents as well,” a representative from the Consulate said.
This year would also see the Headies dole out a brand new 2022 Bentley Bentayga, which is valued at over N78 million, to the winner of the glamourous Next Rated category. The winners of previous editions had been gifted with SUVs, with Rema picking up the GAC Sports Utility Vehicle, last year.
Interestingly, the award also introduces new categories including Music Executive of The Year, Best Afrobeat Pop Single & Album, Best African Collaboration, Best International Collaboration, African Artiste of the Year, and International Artiste of the Year, respectively.
The Headies, originally called The Hip-Hop World Awards, began in 2006, to recognize and reward talents across Nigeria’s music industry. Broadcast live across the country, on the HipTV Platform, the Headies has helped to spotlight deserving talents, from Wizkid, to Burna Boy, to Davido, Tiwa Savage, among others, from their early breakout stages till date.