The Code of Conduct Tribunal will today, Wednesday, deliver judgment on the no-case submission filed by Bukola Saraki, Senate President, to challenge his trial bordering on false assets declaration and other related offenses. Saraki had contended that none of the exhibits tendered linked him to the offences he was being tried for. His lead defence […]
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Ibrahim Magu, the acting Chairman of the Economic and Financial Crimes Commission, EFCC, has emerged the vice chairman of the Heads of Anti-corruption Agencies in Commonwealth Africa. The appointment was announced in statement by Wilson Uwajuren, EFCC spokeman on Thursday. The delegates issued a communiqué, after the end of their 7th regional conference in Malawi, in […]
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A Federal High Court in Lagos on Tuesday ordered the final forfeiture to the Federal Government the N13 billion discovered at Flat 7b , House 17, Osborne Road, Ikoyi, Lagos, in April. Justice Muslim Hassan ordered that the permanent forfeiture of the money to the Federal Government “since nobody has showed up as the owner. […]
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House of Representatives Ad hoc Committee investigating allegedly missing $17 billion crude oil and Liquefied Natural Gas revenue, on Monday uncovered $15 billion unremitted revenue into Federation Account. The trace of the alleged missing fund believed to have been stolen and diverted to a foreign destination, was contained in the two documents submitted by the […]
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The National Judicial Council (NJC) has recalled Adeniyi Ademola, justice of the federal high court, Abuja, who was suspended following charges of corruption brought against him by the government. Before his recall, an Abuja high court had discharged and acquitted Ademola of the charges filed against him. Also recalled were five judges some of whom […]
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The UN Economic Commission for Africa (UNECA) says an estimated 50 billion dollars leaves the shore of the continent illicitly mostly to the Western countries, every year. Mr Adeyinka Adeyemi, a senior adviser at ECA, told newsmen in New York that illicit financial flow had serious negative development impacts on the continent. Adeyemi also said […]
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The Lagos State Traffic Management Authority, LASTMA, on Monday said it had dismissed 20 of its personnel over corrupt practices. LASTMA’s head of public affairs, Mahmud Hassan, confirmed the dismissal to journalists in Lagos. He said the action was part of efforts by the state government to reposition, and improve the agency so that it […]
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The Federal High Court, Abuja, on Wednesday granted Andrew Yakubu, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) permission to travel abroad for medical treatment. Mr. Yakubu was arraigned by the Economic and Financial Crime Commission (EFCC) on a six-count charge of money laundering and false declaration of asset. At the […]
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The Department of State Services, DSS, has said the offence committed by Ifeanyi Ubah, Chief Executive Officer of Capital Oil and Gas Ltd, is punishable by death. The secret police had arrested Ubah for allegedly diverting about 80 million litres of Premium Motor Spirit (commonly called petrol), kept in his custody by the Nigerian National […]
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The Court of Appeal in Lagos on Thursday reversed the sentence on Raymond Omatseye, a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA). He had been sentenced on allegations of N1.5 billion fraud. Justice Yargata Nimpar, who read the decision of the court, said the High Court which tried him, did not […]
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