The immediate past Minister of Finance, and Co-ordinating Minister for the Economy, Dr Ngozi Okonjo-Iweala, was said to have illegally approved the transfer of at least N61.4 billion ($300 million and £5.5 million) from funds recovered from late dictator, Sani Abacha, to the Office of the National Security Adviser, Sambo Dasuki, few weeks to the 2015 presidential election, it was gathered, yesterday.
According to a letter signed by Okonjo-Iweala, which was obtained by online medium, Premium Times, the former Finance minister signed off the transfer...
The Economic and Financial Crimes Commission on Thursday arraigned a former director-general of the Nigerian Maritime Administration and Safety Agency, NIMASA, Patrick Akpobolokemi, and seven other staff of the agency.
Those arraigned before Justice Salihu Sa’idu of the Federal High Court, Lagos on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering include Eziekiel Agaba, an executive director; Ekene Nwakuche; and Felix Bob-Nabena.
Premium Times reported to have uncovered one of the most fraudulent crude oil deals executed by the Goodluck Jonathan administration, which saw a campaign official and some other suspected cronies of the ex-president smiling to the banks with up to 50 per cent commission from the proceeds of a foreign crude oil lifting contract, turning them into instant billionaires.
In the middle of the shady deal is a Nigerian oil and gas...
The Federal Government has filed charges against a former Minister of Niger Delta Affairs, Godsday Peter Orubebe for alleged false declaration of assets and acceptance of about N70 million bribe.
The four-count charge filed on behalf of the Attorney General of the Federation (AGF) by Peter Danladi of the Code of Conduct Bureau (CCB) on October 8 this year is currently pending before the Code of Conduct Tribunal (CCT).
In what appears a protest against the leadership style of the newly appointed Comptroller-General of the Nigeria Customs Service, Hameed Ali, all five Deputy Comptroller-Generals of the Nigerian Customs have resigned.
In an unprecedented move in the history of the customs service in the country, the five DCGs jointly announced their resignation in a terse...
The federal government yesterday asked a Federal High Court in Abuja to conceal the identities of witnesses in the trial of former National Security Adviser (NSA), Sambo Dasuki over alleged illegal possession of firearms. Dasuki was in September arraigned on a one-count charge of illegal possession of firearms without licence by the federal government contrary to the provisions of Section 27(1) (a) (i) of the Firearms Act, CAP F28 LFN, 2004.
Dasuki, however, pleaded not guilty to the offence.
However, at the resumed hearing yesterday, the Director of Public Prosecutions (DPP) Mohammed Diri announced additional five count charges against...
The much anticipated ruling on the appeal case filed by the Senate President, Dr Olubukola Abubakar Saraki against the Federal Government and Code of Conduct Tribunal (CCT), which was slated for Monday by the Court of Appeal in Abuja, has been postponed indefinitely.
The appellate court failed to fix a date for the judgment with the Registrar, Mrs. Christie Aruna, explaining that the court has resolved to communicate a new date to parties in the suit.
Aruna however did not give detailed information on why the delivery of the judgment by the Presiding Judge, Justice Moore Adumein was put off.
In continuity to its determination to take the fight against corruption to the grassroot level, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) organised an anti-corruption campaign for the local government officials of the 36 states of the federation.
The British Government has formally asked the Nigerian Government to assist it with its investigations into the activities of the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke when she held sway over the oil and gas sector between 2010 and 2015 and have requested details of transactions relating to the investigations in the Nigerian National Petroleum Corporation (NNPC) and the National Petroleum Development Corporation (NPDC).
The former minister was arrested by the British National Crime Agency (NCA) alongside four other people in London last Friday, but was...
Following the arrest of the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, on allegations of bribery, corruption and money laundering, her interrogation continued yesterday at the Charing Cross Police Station, just as her husband, a former Chief of Naval Staff, Rear-Admiral Alison Madueke (rtd), has put together a legal team to defend his wife against the charges by the United Kingdom authorities.
The former minister was arrested last Friday in London by the British National Crime Agency (NCA) alongside four other people, but was...
Questioned with 4 others over ‘bribery and corruption’ allegations EFCC raids her Abuja home.
The United Kingdom National Crime Agency (NCA) yesterday arrested former Petroleum Resources Minister, Diezani Alison-Madueke in London, United Kingdom over allegations of bribery and corruption allegedly perpetrated during her tenure as minister.
Alison-Madueke who has been away in London receiving treatment for breast cancer since her tenure as petroleum minister ended on May 29 was said to have been released on bail after hours of interrogation by NCA operatives.