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Simon Harry, Nigeria’s Statistician-General is dead

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Simon Harry, the Statistician-General of the Federation is dead. Mr Harry died on Wednesday morning after a brief illness.

According to a source at the NBS, Mr Harry fell down in his office on Friday and has been in a coma since then.

He was rushed to the hospital where he had been until this morning when he died.

What you should know

In August 2021, President Muhammadu Buhari appointed Mr Harry as the new SG to head the NBS.

Mr Harry had joined the service as Statistician 11 in 1992 and rose to the position of a substantive Director of Statistics in 2019.

Mr Harry is loved by staff of NBS because of his contributions and transformation of the office since he took over as SG.

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N80bn Fraud: EFCC Arrests Accountant General of the Federation Ahmed Idris

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By Modupe Gbadeyanka The Accountant General of the Federation (AGF), Mr Ahmed Idris, is cooling off in the custody of the Economic and Financial Crimes Commission (EFCC). He is having talks with the agency, explaining what he knows about an alleged diversion of N80 billion belonging to the federal government. He was picked up by […]

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Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

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Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank.

Iran’s Ministry of Intelligence issued a statement Saturday stating that it has blocked a number of bank accounts due to suspicious foreign currency and cryptocurrency transactions, local media reported. The ministry detailed:

The statement adds that the total transaction value blocked was over 60 trillion Iranian tomans, which is approximately $2 billion based on the daily dollar exchange rate in the Iranian open market. Iran’s currency recently hit a four-month low against the U.S. dollar.

However, the ministry did not provide any details on the accounts or how much of the turnover was in digital currency.

The Ministry of Intelligence’s action was carried out by the order of a judge and in collaboration with the country’s central bank. It was part of the Iranian government’s recent plan to combat illegal and unauthorized foreign currency and cryptocurrency transactions. In December last year, the ministry announced that it froze bank accounts of more than 700 “illegal” foreign exchange traders in the country.

Meanwhile, Iran is also cracking down on unauthorized cryptocurrency mining. The authorities have shut down about 7,000 unauthorized mining facilities in the past two years. The Iranian government has also drafted new rules to increase penalties for illegal cryptocurrency mining, including additional fines and imprisonment.

What do you think about Iran blocking bank accounts over suspicious crypto transactions? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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