The Economic and Financial Crimes Commission (EFCC) on Tuesday said it will prosecute a Deputy Director of the Independent Electoral Commission (INEC) in Akwa Ibom State, over the N23.29b poll bribery cash giving out by former oil minister, Diezani Alison-Madueke. Gogo Anderson Waribo who was former Electoral Officer in Rivers State, was alleged to have collected […]
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Gov. Abubakar Bello of Niger State has inaugurated a seven-man committee to ascertain how the 12 local governments used N4.4 billion bailout fund meant for the payment of salary arrears. The committee, headed by Mr Daniel Clifford, a former Permanent Secretary, is particularly expected to find out why the local government authority were still owing […]
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Mr. Andrew Yakubu, the former managing director of the Nigerian National Petroleum Corporation, whose $9.7million and £74,000 was hidden in a nondescript house in Sabon Tasha in Kaduna city, has launched a move to have the seized money returned to him. Reports have it that Yakubu has filed a petition before a Federal High Court […]
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A Federal High Court Lagos on Thursday ordered the final forfeiture of the sum of N34 billion (153 million dollars) linked to a former Minister of Petroleum Resources, Mrs Diezani Allison-Madueke. Justice Muslim Hassan issued the order while delivering judgment in a suit by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of […]
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Mr Andrew Yakubu has forfeited the huge money found in his secret safe in Sabon Tasha, in Kaduna town. Justice Zainab B. Abubakar of the Federal High Court sitting in Kano today ordered the forfeiture to the Federal Government of $9,772,000 and £74,000 recovered from him. The order was sequel to an ex-parte application by the […]
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The National Prosecution Coordination Committee (NPCC) sacked Mr. Charles Adeogun-Philips, the lead prosecutor in the suit against Supreme Court judge, Justice Sylvester Ngwuta for unprofessional conduct. Mr Salisu Isah, Special Adviser on Media to the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), said in a statement on Sunday in Abuja. Adeogun-Philips […]
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Ibe Kachikwu, minister of state for petroleum, says every year, Nigeria loses at least $80 billion to vandalism of oil facilities in the Niger Delta region. Militants are responsible for attacks on oil assets. Kachikwu made this known at the resumed dialogue with Niger Delta stakeholders in Yenagoa, Bayelsa state capital. Acting President Yemi Osinbajo […]
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Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), on Thursday told a committee of the House of Representatives that $9.2 million and 750,000 pounds were recovered from a residence in Kaduna state. Although he did not indicate precisely when the raid by EFCC operatives was carried out, NAN has learnt that […]
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Invoking a virtually unknown provision in the law that may affect millions of bank account owners, a federal high court in Lagos on Tuesday ordered the temporary forfeiture of N75 million in the account of Mike Ozekhome, a senior advocate of Nigeria, domiciled with Guaranty Trust Bank (GTB). The court, presided over by Abdulaziz Anka, […]
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Former Minister of Aviation, Femi Fani-Kayode who is facing a five-count charge for allegation of money laundering amounting to N26 million before before Justice John Tsoho of the Abuja division of the Federal High Court, has issued a statement, denying the possibility of plea bargain. Fani-Kayode’s lawyer told a federal judge in Abuja that a […]
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