Tag: Loot
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Photo: How SARS officers broke my spine, looted goods worth N15m from my shop, trader tells panel
A trader, Ndukwe Ekekwe, on Tuesday narrated how his spine was broken in 2018 when operatives of the disbanded Special Anti-Robbery Squad (SARS) threw him down from a two-storey complex at the Alaba International Market in Ojo, Lagos. Ekekwe testified before the Lagos State Judicial Panel of inquiry and Restitution for Victims of SARS-Related Abuses…
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Buhari warns Nigerians: ‘…Wives must ask their husbands, families tell children to return looted items’
President Muhammadu Buhari has asked parents and guardians not to encourage their children and wards to partake in the nationwide looting, destruction of property. “Families must turn back children who bring home unaccounted goods, in the same way, wives must ask their husbands to return looted items brought home,” the President said. This statement is…
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BREAKING (Video): Tricycles, furniture, looted as hoodlums storm Dogara’s House
Hoodlums on Sunday looted the house of a former Speaker of the House of Representatives, Yakubu Dogara, located near Jos University Teaching Hospital. It as gathered that the hoodlums defied the ongoing curfew imposed by the state government to also invade other buildings in search of COVID-19 palliatives. Dogara’s house was attacked about 9 am,…
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What we know about return of Abacha’s $308 million loot
As Jersey, Nigeria and the United States of America concluded plans to return over US$308 million in confiscated funds to Nigerians in a landmark agreement, here is everything we know. On Monday, 3 February 2020, the Government of Jersey, the Federal Republic of Nigeria and the Government of the United States of America entered into…
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UK makes new move to frustrate return of Ibori’s loot to Nigeria
A Fresh legal attempt has been launched on Thursday by British prosecutors to confiscate tens of millions of pounds stolen from Delta State by the then state governor, James Ibori. Ibori who was governor from 1999 to 2007 had pleaded guilty to 10-count charges of laundering of state funds in Britain and had received a…
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Ex-bank director claims ownership of forfeited N9.08bn ‘Diezani loot’
A former bank director, Dauda Lawal, has asked the Court of Appeal in Lagos to order the Federal Government to return to him the N9.08 billion he forfeited to it on February 16, 2017. Mr Lawal told the court that the Federal High Court, Lagos which ordered the forfeiture of the money had no jurisdiction…
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Abacha’s repatriated loot: Matters Arising, By Henry Boyo
By Henry Boyo The actual amount stolen from Nigeria’s Treasury between 1993-8, by former Military Dictator, Sanni Abacha, may never be known. Nonetheless, Amnesty International, for example, has suggested, that over $5bn of Abacha loot had been identified, even when speculations still persist that the audacious ‘shop lift’, by Abacha, and his associates, is probably…
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Buhari reveals what he will do with $320m Abacha loot
The Federal Government on Monday in Abuja announced that $320m stolen funds by former late Head of State, Gen. Sani Abacha, would be spent on the Conditional Cash Transfer scheme of the administration to support the poor. Declaring open the Eighth Commonwealth Conference of Anti-Corruption Agencies in Africa, Buhari, represented by Vice-President Yemi Osinbajo, said…
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Switzerland returned $322.5m Abacha loot with interest – Envoy
Switzerland said it has returned all the money kept in the country by late Nigeria’s Head of State Gen. Sani Abacha, with 1.5 million dollars interest. Amb. Pio Wennubst, Assistant Director-General and Head, Global Cooperation Department, Swiss Agency for Development and Cooperation, told the Correspondent of the News Agency of Nigeria (NAN) in New York.…
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Missing N10bn: PDP reveals how Buhari, APC are using NHIS to loot treasury
The Peoples Democratic Party, PDP on Thursday accused the President Muhammadu Buhari and the ruling All Progressives Congress, APC of turning “the National Health Insurance Scheme into their Automated Teller Machine where funds are taken at their conveniences.” The party said the nation had yet to recover from past revelations of an alleged withdrawal of…