Beyond the Headlines
Amid its controversial financial dealings that have negatively impacted the nation’s financial standing, The Nigerian National Petroleum Company Limited has been accused by the Auditor-General of the Federation of diverting a total sum of N2.68tn and $9.77m in the last four years. Findings by Sunday PUNCH using the Auditor-General’s annual reports published between 2017 and […]
The Federal Government has received $52.88 million in recovered assets linked to a former Minister of Petroleum, Diezani Alison-Madueke, from the United States of America. The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed this during the formal signing ceremony of the asset agreement between Nigeria and the United States in Abuja […]
The Economic and Financial Crimes Commission (EFCC) says it has detained 10 of its officers attached to the Lagos zonal command over alleged theft of operational items. In a statement on Wednesday, Dele Oyewale, the EFCC spokesperson, said the officers were arrested last week based on the directive of Ola Olukoyede, chairman of the commission. […]
A Federal High Court in Abuja has made an order of interim freezing and forfeiture of the sum of over N228.4 million linked to former Gov. Theodore Orji of Abia to the Federal Government on allegations of money laundering. Justice Emeka Nwite, in a ruling on an ex-parte motion moved by the Economic and Financial […]
The Economic and Financial Crimes Commission has dismissed 27 officers from its workforce in 2024 for various offences related to fraudulent activities and misconduct. In a statement issued on Monday by the agency’s spokesperson, Dele Oyewale, the EFCC revealed that the dismissal followed recommendations from its Staff Disciplinary Committee and was ratified by the Executive […]
The Federal High Court sitting in Lagos has ordered the final forfeiture of a warehouse built on a landed property measuring 1.925 hectares of land along the Lagos/Ibadan expressway in Magboro, Obafemi Owode Local Government Area of Ogun State. The court also ordered the permanent forfeiture of 54 general purpose steel containers. Justice Deinde Dipeolu […]
A federal capital territory (FCT) high court in Maitama has granted bail to Yahaya Bello, former Kogi state governor, in the sum of N500 million. Bello has been charged with alleged criminal breach of trust to the tune of N110,446,470,089, contrary to sections 96 and 311 of the Penal Code Law Cap.89, Laws of Northern […]
As part of its efforts at ending anti-corruption in Nigeria, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it recovered N29.7 billion in cash and $966,900.83 in foreign currency in one year. Musa Aliyu, ICPC chairman, disclosed this on Tuesday during a press briefing at the commission’s headquarters in Abuja to mark […]
The Federal High Court in Abuja has granted bail to the immediate past Governor of Kogi State, Yahaya Bello to the tune of ₦500 million. Justice Emeka Nwite who presided over the court session on Friday ordered that the former governor must produce two sureties in like sum. He said the two sureties must swear […]
The World Bank and other stakeholders have urged the government to fight institutional corruption as it is the only guarantee to sustainable growth and development. Speaking at a policy conversation on the State of Anti-corruption Policy and Practice in Nigeria jointly organised by Agora Policy and MacArthur, on Tuesday, stakeholders said Nigeria must begin to […]
