President Muhammadu Buhari on Wednesday set up a committee to audit recovered loot and assets seized from corrupt former officials. The committee has four weeks to complete its assignment and to turn in its reports. The president noted there had been “fundamental gaps” in taking stocks of recovered loots and seized assets among agencies involved […]
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The Economic and Financial Crimes Commission, EFCC, on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and October 20, 2017. Its Acting Chairman, Ibrahim Magu, stated this at the ongoing 7th Session of the Conference of the States Parties to the United Nations Convention Against Corruption holding […]
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The federal government has recovered more than N57.9 billion and $666.68 million through the anti-corruption war. The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, revealed that the Ministry of Justice in line with the anti-corruption war, recovered the money. The minister made this revelation in Abuja, while defending the ministry’s […]
Continue ReadingThe Economic and Financial Crimes Commission (EFCC) has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations.The Acting Chairman of the commission, Mr Ibrahim Magu, made the request at the national anti-corruption conference organised by the Presidential Advisory Committee against […]
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