corruption

Senate Summons Niger Delta Minister Over Alleged ₦480B Fraud

Senate Summons Niger Delta Minister Over Alleged ₦480B Fraud

October 20, 2022 6:10 am

The Nigerian Senate has summoned the Minister of Niger Delta Affairs, Mr. Umana Okon Umana, over an alleged plot to divert ₦480 billion intervention fund which belongs to the Niger Delta Development Commission (NDDC) and domiciled it in the Central Bank of Nigeria, CBN, without the approval of the National Assembly.

The Minister has been told to appear before the Senate Committee on Ethics, Privileges and Public Petitions, chaired by Senator Ayo Akinyelure (PDP Ondo Central) upon receipt of petition being investigated by the panel.

According to the petition, Umana has perfected plans to seek Presidential approval to collect the …

PDP Will Return To Power To Fix Nigeria; Not To Steal – Ayu

PDP Will Return To Power To Fix Nigeria; Not To Steal – Ayu

October 8, 2022 6:58 am

The embattled National Chairman of the Peoples Democratic Party (PDP), Dr. Iyorchia Ayu, has asserted that he was elected to return the party to power; and not to loot or mismanage party funds.

Ayu also assured that the National Working Committee (NWC) under his leadership will publish the income and expenditure account in December.

Africa Daily News, New York recalls that Rivers State Governor, Nyesom Wike and some party leaders have alleged that Ayu is corrupt and has embezzled some party funds.

PDP National Chairman in a statement by his Special Adviser, Simon Imobo-Tswam, Friday disclosed that he has …

2023 Corruption Is Ruining Nigeria, I Will End It – Obi

2023: Corruption Is Ruining Nigeria, I Will End It – Obi

September 20, 2022 6:55 am

The presidential candidate of the Labour Party, Mr. Peter Obi, has asserted that fiscal recklessness, inability to tackle insecurity and corruption have been primarily responsible for Nigeria’s failing economy.

Obi also said that domestic problems, caused by leadership failure, have damaged the unity and cohesiveness of the country.

The former Anambra State governor, made this known while speaking at the Private Sector Economic Forum organised by the Lagos Chamber of Commerce and Industry on Monday, said the government that would succeed the Major Gen. Muhammadu Buhari regime in 2023 would be confronted by an array of daunting challenges, both …

FG, US Sign Agreement For Repatriation Of $23m Abacha Loot

FG, US Sign Agreement For Repatriation Of $23m Abacha Loot

August 24, 2022 6:54 am

The Federal Government of Nigeria has announced that it has signed an agreement with the United States for the repatriation of the sum of $23 million, in assets allegedly looted by past leaders of Nigeria, including late General Sani Abacha.

Africa Daily Newsthat the Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), signed the agreement on behalf of the Federal Government, while the US Ambassador to Nigeria, Mary Beth Leonard, signed for the  United States government.

Read Also: UK Recovers $23 Million Fresh Abacha Loot

The AGF, in his speech shortly before signing the agreement, said the …

HURIWA Blast Buhari Over $7B Diversion In Petrol Subsidy Scam

HURIWA Blast Buhari Over $7B Diversion In Petrol Subsidy Scam

July 1, 2022 5:24 am

Human Rights Writers Association of Nigeria (HURIWA), on Friday, asserted that the alleged diversion of about $7 billion in petrol subsidy under the administration of President Muhammadu Buhari is the very height of enormous corruption that has eaten deep into the present administration in the past seven years.

HURIWA’s National Coordinator, Comrade Emmanuel Onwubiko in a statement which was obtained by Africa Daily News, New York appealed to civil society organisations and rights activists not to relax but to drag the Buhari governement to court to put an end to the criminal corruption ongoing in the present administration.

The group …

Atiku Vs Tinubu Between Two Looters, Choose None

Atiku Vs Tinubu: Between Two Looters, Choose None

June 23, 2022 1:22 am

Nigeria’s ruling and opposition parties – the ruling All Progressives Congress (APC) and the opposition People’s Democratic Party (PDP) have once again reiterated their lack of respect and regard for Nigeria in their choice of Presidential candidates in Bola Ahmed Tinubu and Atiku Abubarkar. In choosing two ferociously corrupt carrier politicians for the country’s number one office at this time without remorse, the Siamese twins masquerading as two political parties have once again demonstrated to Nigerians that their intention for the country is not only to kill but to bury her.

It is quite interesting to note that the common …

N96bn Fraud Rivers Govt Files Charges Against Amaechi

₦96bn Fraud: Rivers Govt Files Charges Against Amaechi

June 11, 2022 4:48 am

The Governor of Rivers State, Nyesom Wike has disclosed that the State has filed criminal charges against former Governor Rotimi Amaechi over the alleged misuse of 96 billion Naira which accrued from the sales of state assets.

Governor Wike had instituted a commission of inquiry to look into the alleged sale of valuable assets such as Omoku Gas Turbine, Afam Gas Turbine, Trans Amadi Gas Turbine, Eleme Gas Turbine, Olympia Hotel and the award of contract for the execution of Mono Rail Project.

Africa Daily News, New York recalls that last month, the Supreme Court dismissed an application by former …

₦80bn Fraud ICAN Disowns Suspended Accountant-General

₦80bn Fraud: ICAN Disowns Suspended Accountant-General

June 7, 2022 4:41 am

The Institute of Chartered Accountants of Nigeria (ICAN) has announced that it cannot sanction the suspended Accountant General of the Federation, Ahmed Idris, over his alleged involvement in an ₦80bn fraud because he is not even a member of the body.

The institute made this revelation on Monday in a statement while responding to a letter written by the Human and Environmental Development Agenda asking ICAN to investigate and sanction Idris who is being probed by the Economic and Financial Crimes Commission.

HEDA had called on ICAN to subject Ahmed to the institute’s Disciplinary Tribunal for thorough investigation and sanction.…

Uproar As EFCC Releases Suspended Accountant-General On Bail

₦80B Fraud: EFCC Releases Suspended Accountant-General On Bail

June 3, 2022 3:41 am

The suspended Accountant-General of the Federation, Ahmed Idris, has regained his freedom after he was released on bail by the Economic and Financial Crimes Commission (EFCC).

This development was confirmed to reporters by EFCC spokesperson, Wilson Uwujaren.

Africa Daily News, New York recalls that the EFCC had on May 16 arrested Idris over an ₦80 billion fraud.

Read Also: IPPIS Fraud: ASUU Reacts To Accountant-General’s Arrest

He was arrested after failing to honour the commission’s invitations to respond to issues connected to the fraudulent act, the EFCC said.

After his arrest, the Minister of Finance, Zainab Ahmed, suspended Idris.…

Diezani Forfeits Jewellery, Houses Worth ₦47.6Bn To Nigeria

Diezani Forfeits Jewellery, Houses Worth ₦47.6Bn To Nigeria

May 29, 2021 2:17 am

Nigeria’s former Minister of Petroleum, Diezani Alison-Madueke forfeited assets worth N47.6 billion to the Federal Government Africa Daily News reports.

The EFCC Chairman, Mr Abdulrasheed Bawa, who made this revelation yesterday explained that the jewellery component of the assets was worth ₦14.6 billion.

Bawa revealed the figures before the House of Representatives Adhoc Committee investigating the status of recovered loot on Friday in Abuja

Read Also: IGP, Usman Baba Withdraws Senior Police Officers From EFCC

He also said that the houses seized from the former Minister are also valued at $80million, about N32.97 billion.

The total asset forfeiture is ₦47.57 …

Corruption: Malami Disputes Transparency Report On Nigeria

January 23, 2020 10:33 am

The Federal Government has reacted to the Transparency International Corruption perceptions Index released on Thursday

THISDAY had reported that Nigeria dropped two steps below on the 2019 Transparency International Corruption Perception Index.

In the latest release on Thursday, Nigeria ranked 146 out of 180 countries studied.

Read Also: ‘Yorubas Are Primitive’: FFK Replies Miyetti Allah

But, reacting in an interview on Channels Television, Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami who discredited the report said the Buhari led government has done more in the fight against corruption.

He also said there are no proofs by …

EFCC

AGF, EFCC, ICPC Charged To Act On Corruption Cases

January 22, 2020 12:24 pm
Socio-Economic Rights and Accountability Project (SERAP) has urged the Attorney General of the Federation, Abubakar Malami SAN; the Acting Chairman, Economic and Financial Crimes Commission (EFCC) Ibrahim Magu and Chairman Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, to fast-track prosecution of all cases of corruption in the electricity sector and ensure recovery of stolen public funds.

This was stated on Wednesday at the Policy Dialogue on Promoting Transparency and Accountability in the Judiciary, Education and Electricity sectors, organized by SERAP, in collaboration with the MacArthur Foundation, USA.

The cases listed to be revisited include the

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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