stolen

UK Recovers $23 Million Fresh Abacha Loot

May 6, 2022 12:25 am

Britain’s National Crime Agency (NCA) on Thursday revealed that it has recovered more than $23 million stolen from Nigeria by the country’s late military dictator Sani Abacha, becoming the latest in a series of similar recoveries around the world.

Abacha ruled Africa’s most populous nation and top oil exporter from 1993 until his death in 1998, a period during which he stole up to $5 billion of public money, according to Transparency International. He was never charged.

The money recovered in Britain forms part of a larger pool of funds identified by the U.S.
Department of Justice (DOJ) as …

Kogi West Senate Rerun: APC Vows To Reclaim Stolen Mandate

November 18, 2019 4:09 pm

The All Progressives Congress (APC) has expressed confidence that when the supplementary election in the inconclusive Kogi West Senatorial district is held, its candidate, Senator Smart Adeyemi, will reclaim what the party calls his “stolen mandate” from the People’s Democratic Party (PDP).

The party, in a statement signed by the its National Publicity Secretary, Mallam Lanre Issa-Onilu, also commended the people of Kogi for voting for the re-election of the party’s governorship candidate, Yahaya Bello.

The statement reads:

“APC thanks the good people of Kogi and Bayelsa States over the party’s resounding victories in the governorship elections.

“We congratulate all …

SA: Bosasa Lays 171 Charges Against Agrizzi For Stolen R37m

November 13, 2019 12:43 pm

Facilities management company Bosasa laid criminal charges on Wednesday against, among others, their former chief operating officer, Angelo Agrizzi, and former chief financial officer, Andries van Tonder, both of whom testified against the company earlier this year at the state capture commission.

The charges were laid in person at the Krugersdorp police station by the late Gavin Watson’s nephew Jared Watson, who is representing his uncle as the executor of his estate and, as a chartered accountant, was assisting Gavin with his submission to an SA Reserve Service inquiry into his finances and those of several others at Bosasa.

He …

CBN reveals $14.2bn capital flows to Nigeria in five Months

CBN denies trending ‘stolen, missing money’ story

May 12, 2019 5:08 pm

There is no money missing or stolen from the Central Bank of Nigeria’s coffers as reported in some section of the media, the bank’s spokesman Isaac Okoroafor said.

Okoroafor, the Director Corporate Communications, made the refutal in a statement on Sunday while reacting to a recent article and audio clips in which the CBN Governor and other senior officials were heard discussing discrepancies in the bank’s accounts.

Okoroafor said that the audio was distorted in a manner which creates a different impression of the matter being discussed, which was to proffer solutions to a misunderstanding that affected the Bank’s balance

…

CBN: ₦2b stolen as fraudsters target Mobile Apps users

May 5, 2019 9:27 pm

Going by the record of the Central Bank of Nigeria (CBN), e-fraudsters have fleeced customers of self-initiated banking solutions, such as Mobile Apps and Unstructured Supplementary Service Data (USSD) of about N2.08 billion in the last one year.

CBN Director, Payment System Management, Sam Okojere, who broke the news at the Nigeria Electronic Fraud Forum (NeFF) general meeting in Lagos, said that customers of banks, Other Financial Institutions (OFIs), digital wallets and remittance players are prime targets for cyber criminals seeking quick monetisation of stolen credentials.

₦1.3trn stolen in four years by 32 entities – EFCC

March 25, 2019 2:15 pm

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Monday said public funds stolen by 32 entities (human and corporate) between 2011 and 2015 was well over N1.3 trillion.

Magu disclosed this in his keynote address at the opening ceremony of the 2019 First Batch Conversion Training Programme to Procurement Cadre for Federal Parastatal and Agencies, organised by the Bureau of Public Procurement (BPP) in Lagos on Monday, March 25, 2019.

Jubril, the Impostor thanks Nigerians for stolen victory

February 27, 2019 2:44 am

Jubril Al-Sudani, Late President Muhammadu Buhari’s Impostor pretentiously thanked Nigerians as if he was indeed elected by the Nigerian masses.

It is a known fact in the country that he is an Impostor unleashed by the All Progressives Congress(APC) Cabal to perpetually rule over Nigerians. And because many Nigerians are scared of losing their lives considering the high-handedness of the APC maladministration to voice out the truth that they are being ruled by an Impostor, they kept quiet about the situation.