Tag: Loot
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CARTOON OF THE DAY: Keeping the loot
CARTOON OF THE DAY: Keeping the loot
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![Alleged loot: UK set to confiscate $129m seized from Ibori; risks 10-yr jail term [SEE DETAILS]](https://thenewsguru.ng/wp-content/uploads/2023/01/images-6.jpeg)
Alleged loot: UK set to confiscate $129m seized from Ibori; risks 10-yr jail term [SEE DETAILS]
A state prosecutor has asked a London court to order the confiscation of more than 100 million pounds ($129 million) from Nigerian politician and ex-Delta State governor, James Ibori.
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Why court ordered Obasanjo, Yar’Adua, Jonathan, Buhari govts to give account for $5bn Abacha loot
The Federal High Court sitting in Abuja, in a landmark judgment, has ordered the disclosure of the spending details of about USD$5 billion Abacha loot by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.”
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POOR PROSECUTION: FG loses suit to recover N70tn loot
Justice Peter Lifu of the Federal High Court in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70tn it alleged was stashed in 29 bank accounts by looters. The judge stated that the Federal Government’s lawyers and the private lawyers which it subsequently gave a fiat, did…
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Alleged N6.7bn loot: Ebonyi Govt denies any involvement
The Ebonyi State Government has denied any involvement in the alleged loot of N6.7billion as reported in most social media networks, claiming it is satanic blackmail by the Peoples Democratic Party, PDP. This denial was contained in a statement issued by the state’s Commissioner for Information, Orji Uchenna Orji. In the statement, the Ebonyi Government…
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![Update on Next Cash and Carry: Looters on the prowl as multi-billion naira mall catches fire [Video]](https://thenewsguru.ng/wp-content/uploads/2021/12/Screenshot_20211226-114436.png)
Update on Next Cash and Carry: Looters on the prowl as multi-billion naira mall catches fire [Video]
Updates on Next Cash and Carry: Looters on the prowl as multi-billion naira mall catches fire [Video]
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Malami denies receiving N2bn from recovered loots
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN has denied allegation that N2billion was paid to his office from the recovered looted funds. Malami challenged any person who has any evidence of such payments to either him or his office should come out publicly with proofs. The AGF, in…
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N2bn illegally paid to Malami from recovered loot
A house of representatives panel says the Central Bank of Nigeria (CBN) illegally paid N2 billion to Abubakar Malami, attorney-general of the federation (AGF), from recovered loot. At its sitting on Tuesday, the house ad hoc committee probing the status of recovered loot queried Malami on the funds which they said they never approved as…
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BREAKING: Finally, Nigeria receives £4.2m Ibori loot
The Federal Government of Nigeria has received GBP4,214,017.66 of the loot associated with the family members of former Delta State Governor, James Ibori. TheNewsGuru.com (TNG) reports Attorney-General of the Federation and Minister of Justice, Abubakar Malami confirmed the receipt on Tuesday. This was contained in a statement released by Dr. Umar Jibrilu Gwandu, Special Assistant…
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Ibori’s loot expected soon – Malami
Attorney General of the Federation and Minister of Justice, Abubakar Malami said the Federal Government of Nigeria is working tirelessly to ensure the return of looted Nigerian assets kept outside the country’s territorial boundaries. To this end, Malami said any moment from now, Nigeria expects the return of £4.2m seized from the associates of convicted…