uncovers

FG Uncovers New Fraud In P&ID Contract

December 7, 2019 11:20 am

The federal government has said it uncovered new evidence of fraud in the Gas supply and process agreement entered with the Irish firm, Process and Industrial Development (P&ID) currently locked in legal battle in the United Kingdom.

Consequent upon the new evidence against the firm, the government said it had filed a fresh suit against the Judgment of a London Commercial Court which entered a $9.6 billion award against Nigeria.

The disclosure was made in a statement issued by theAttorney-General of the Federation and Minister of Justice Media Assistance, Dr. Umar Gwandu.

In the statement dated December 6, Gwandu said, …

EFCC Uncovers Alleged ₦5bn Kwara IGR Diversion

November 23, 2019 5:32 am

The Ilorin Zonal  office of the Economic and Financial Crimes Commission ( EFCC) yesterday disclosed that, it had uncovered the sum of  ₦5 billion allegedly diverted  by the 24 ex-lawmakers of the Kwara State House of Assembly, the immediate past Commissioner for Finance, Mr.  Ademola Banu and some companies through the State Internal Revenue Service (KWIRS)  without following due process between  2015-2019  in the state.

Already, the anti-graft agency has commenced full interrogation on the immediate past chairman of the Kwara State Internal Revenue Service,  Professor Muritala Awodu, a former member of the  State House of Assembly,  Hon. Moshood Bakare …

ICPC

ICPC Uncovers ₦12bn Salary Fraud In MDAs

November 15, 2019 5:15 am

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered ₦12 billion padded into the salaries of some Ministries Agencies and Departments (MDAs).

Chairman of the ICPC, Professor Bolaji Owasanoye, said at a press conference in Abuja that about ₦9.2 billion was first restrained after the ICPC discovered that monies meant for salaries were over-budgeted while another ₦3 billion was uncovered after salaries were paid to workers.

Read Also: Edo APC: When Godfather Contends With Power Of Incumbency

The ICPC boss, who did not mention the names of the MDAs indicted, said the ICPC had after tracing the …

Ihedioha Uncovers 8,000 Ghost Retirees, Cuts ₦500m Monthly

Ihedioha Uncovers 8,000 Ghost Retirees, Cuts ₦500m Monthly

October 22, 2019 4:20 am

Through strict adherence to due process, accountability and diligence being applied by Ihedioha in Imo State Government, especially in capturing of retirees in both the state and local government system, the administration has fished out about 8,549 ghost retirees.

Also, a total monthly savings of about ₦500 million which would have gone down the pockets of fraudsters is now been saved into the coffers of the state government. The state is now left with the saddle and financial burden of payment of ₦1.2 billion, a reduction of initial ₦1.5 billion in May 29, when the new administration assumed office.…

Power Disco Uncovers 240,000 Illicit Consumers In Network

Power Disco Uncovers 240,000 Illicit Consumers In Network

October 15, 2019 7:43 am

The Abuja electricity distribution company (Disco) which distributes electricity to the Federal Capital Territory (FCT), Kogi, Nasarawa and parts of Niger states has reported that up to 240,000 people are illegally connected to its network and consuming electricity unlawfully.

The Disco also disclosed that in nine of the 32 areas of its network, where it has achieved over 80 percent metering penetration, it found that it loses up to 20 percent of its revenue from supplies made to the areas, indicating a prevalence of dishonest practices despite the availability of meter.

In a draft of its Performance Improvement Plan (PIP) …

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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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