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DIEZANI ALISON-MADUEKE: What an Appetite!

Mrs. Diezani Alison-Madueke       TONY ORILADE/AISHAH GAMBARI—-N47.2 Billion and $487.5 Million in cash and properties have so far been traced to the former Minister of Petroleum Resources in the Ex-President Goodluck Jonathan’s administration, Mrs. Diezani Alison-Madueke. This followed painstaking investigations by operatives of Nigeria’s Economic and Financial Crimes ...

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EFCC recovers N328.9b from NNPC retails, Oando, Total, Mobil, others

The Economic and Financial Crimes Commission (EFCC) has recovered a total sum of N328, 988,296,990.62 from NNPC retails, Oando Plc, Mobil Plc, Conoil Plc, Total Plc, OVH Energy Plc, Forte Oil and Gas Plc, MRS Oil Plc and NIPCO Oil Plc. According to EFCC, the recovery followed a petition against ...

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Heritage Bank debunks involvement in N150 million fraud

    Heritage Bank has debunked speculations of it staff involved in N150 million fraud in collusion with two MTN’s staff. According to statement signed by management of the bank said, “Our attention has been brought to the report published by an online news blog, Per Second News, in which it ...

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FG To Sanction Banks aiding looters

Ag President, Prof Yemi Osinbajo Acting President Yemi Osinbajo on yesterday called for sanctions against banks aiding looting of funds from one country to another. He made the call during the Conference on Promoting International Co-operation in Combating Illicit Financial Flow and Enhancing Asset Recovery to Foster Sustainable Development at ...

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Dangote raises fraud alert on “Happy World Meal Gate”

  The Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, Cussons and other reputable food processing companies” in launching a multi-level marketing initiative that intends to “fight hunger, poverty and stop recession” by paying participants in food. Contrary to the ...

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Wike claims ownership of Ikoyi $43m, gives FG seven-day ultimatum to return funds

Governor Nyesom Wike of Rivers State yesterday  said that the $43million dollars found in the luxury apartment in Ikoyi belongs to the Rivers State Government. The Governor also gave the Federal Government a seven-day ultimatum to return the $43 million found in a luxury apartment in Ikoyi, Lagos to the ...

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National Assembly: Auditor-General Uncovers N2bn Fraud

National Assembly: Auditor-General Uncovers N2bn Fraud March 2, 2017 The office Auditor-General of the Federation has revealed a N2 billion financial scandal in the National Assembly expenditure. The AGF’s annual report said the illegalities were perpetrated in 13 transactions. The transactions involved both chambers of the National Assembly, the Management ...

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NDDC faults Sagay claims, Says allegation not true

Prof. Itse Sagay         The Niger Delta Development Commission, (NDDC) on Friday denied purchase 70 cars that included eight super Lexus that cost N70m each and 10 Toyota Landcruiser jeeps at N65m each. The commission in a statement releasedtoday by Chijioke Amu- Nnadi, head corporate affairs of the commission  ...

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Sagay accuses NDDC MD of buying eight Lexus SUVs at N78m each, 10 Land cruisers at N63m each

    •says Customs Officers brazenly corrupt   The Chairman of the Presidential Advisory Committee (PACAC) Prof. Itse Sagay, on Thursday accused the Niger Delta Development Commission (NDDC) of being reckless with funds meant for development. Sagay alleged that the commission recently bought 70 cars, including eight Super Lexus Sport ...

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Woman Absconds With Anti Corruption Crusade Crowd Hire Money

    No fewer than 20 women were on Wednesday stranded at the Haven Event Centre, GRA, Ikeja after the inauguration of a programme “Nigerian Women Against Corruption’’. One of the women, who spoke to the News Agency of Nigeria (NAN) under condition of anonymity, claimed that a woman who ...

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