The Lagos State Traffic Management Authority, LASTMA, said it sacked seven of its officials attached to its Agege-Pen Cinema office because they took bribes. A LASTMA statement by its Public Affairs Officer, Mahmud Hassan, said: “The officials, who were attached to the Agege-Pen Cinema office were arrested last week. They are Adebeshin Adeola, Davies Idowu, […]
Continue Reading
Officials of the public affairs directorate of the Economic and Financial Crimes Commission (EFCC), Tony Orilade and Aisha Gambari have written a piece on the wealth recovered from Diezani Alison-Madueke, former minister of petroleum resources. In the piece entitled: ‘Diezani Alison-Madueke: What an Apetite’, the officials gave details of the investigations to track the former […]
Continue Reading
The Federal High Court in Lagos has ordered the permanent forfeiture of a $37.5m property on Banana Island in Lagos, allegedly belonging to a former Minister of Petroleum Resource, Mrs Diezani Allison-Madueke. Justice Chuka Obiozor ordered the permanent forfeiture of the property to the Federal Government on Monday after the Economic and Financial Crimes Commission […]
Continue Reading
Laolu Akande, spokesman of Acting President Yemi Osinbajo, said the federal government has removed Maimuna Aliyu and Sa’ad Alanamu from the board of the Independent Corrupt Practices and other offences Commission (ICPC). ICIR, an investigative website, had exposed the alleged fraudulent activities perpetrated by the two individuals whose appointments Osinbajo approved on Tuesday. While Alanamu […]
Continue Reading
There seem to be no end to the dogfight between incumbent governor of Rivers State, Nyesom Wike and his predecessor, Rotimi Amaechi. Wike has accused the former governor and minister of transportation of overwhelming corruption. Addressing the 106th Quarterly Meeting of the Rivers State Council of Traditional Rulers in Port Harcourt on Monday, He claimed […]
Continue Reading
A federal high court sitting in Lagos has granted an interim order for the remittance of a total of $793,200,000 allegedly hidden by seven commercial banks in violation of the constitution and the treasury single account (TSA) policy of the federal government. Chuka Obiozor, the presiding justice, ordered the banks to remit the various amounts […]
Continue Reading
A federal high court in Lagos has ordered the interim forfeiture of an estate in Banana Island reportedly owned by Diezani Alison-Madueke, former minister of petroleum. The court also ordered the temporary seizure of $3.7m in a Zenith bank account allegedly owned by the former minister. The order followed an ex parte application filed by […]
Continue Reading
Court papers in Lagos Nigeria have revealed in graphic details how oil businessmen, Kolawole Akanni Aluko and Jide Omokore laundered the $1.7 billion creamed off the questionable oil swap transactions between them and the NNPC, during the tenure of Diezani Alison-Madueke. Some of the money laundered through the United States and which had been used to acquire assets are […]
Continue Reading
Court documents filed by the US Department of Justice in Houston have revealed that Nigeria’s former oil minister, Diezani Alison-Madueke tried to warn Kola Aluko and Jide Omokore, her business partners against lavish spending, including splashing millions of dollars on a yacht. “If you want to hire a yacht, you lease it for two weeks […]
Continue Reading
The Executive Secretary of the National Health Insurance Scheme (NHIS), Prof. Usman Yusuf has rejected the recent directive by the Minister of Health to go on three months suspension. Yusuf was on Friday ordered by the Minister of Health Prof. Isaac Adewole to proceed on three months suspension to pave way for an investigation following […]
Continue Reading