Tag: Loot
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FG responds to PDP, lists names of leaders that allegedly looted Nigeria’s treasury
The Federal Government has formally respond to calls by the opposition, Peoples Democratic Party (PDP) to list names of corrupt officials who allegedly stole from the nation’s treasury while it held sway as the ruling party. Recall that the National Publicity of the party, Kola Ologbondiyan had on Thursday told Vice President Yemi Osinbajo and…
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FG to dispose all unclaimed looted assets – President Buhari
President Muhammadu Buhari on Monday said all unclaimed looted assets including landed properties recovered by the Federal Government would be sold and the proceeds deposited into government treasury. The President made this known when he addressed members of Daura Emirate coalition who paid him a condolence visit at his country home, Daura, Katsina state. President…
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Magu offers amnesty to repentant looters, says ‘return loot, join us to fight corruption’
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, on Wednesday said repentant looters were free to join the fight against corruption. “We are calling on every Nigerian to join us; you can even return loot, face consequences then join us to fight corruption,” Magu said, according to a statement from…
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Court orders final forfeiture of Diezani’s N7.6bn loot
A Lagos Federal High Court on Monday ordered the permanent forfeiture of the sum of N7,646,700,000 linked to former Minister of Petroleum Resources, Diezani Alison-Madueke to the Federal Government. Recall that the court had on August, 9 ordered an interim forfeiture of the sum of N7,646,700,000 allegedly kept in Sterling Bank Plc by the former…
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Magu describes loot recovered from Diezani as ‘just a tip of the iceberg’
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has described the loot recovered from embattled former Minister of Petroleum Resources, Diezani Alison-Madueke, as just a tip of the iceberg. “What we have recovered so far from Diezani is just the beginning,” Mr. Magu said while being quizzed by TVC news…
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‘What Alison-Madueke’s loot can fund in Nigeria’
The Buhari Media Support Group (BMSG) on Thursday in Abuja, said the stolen funds traced to former Petroleum Minister, Diezani Alison-Madueke, could fund infrastructure development in the country. Specifically, the group said in a statement by its Chairman, Austin Braimoh, and Secretary, Cassidy Madueke, that government could build six world-class airports in each geo-political zone…
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We don’t know source of recovered $43million loot – CBN cries out
The Central Bank of Nigeria (CBN) has distanced itself from the $43million, that was discovered in an apartment in the Osborne Towers, Ikoyi. Spokesperson of the apex bank, Isaac Okorafor, insisted that they did not know the source of the money. He also explained that the CBN issues serial currencies to banks, who were then…
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NASS members bent on looting Nigeria dry, we are coming for you – Charlyboy declares
Charles Chukwuemeka Oputa, popularly known as Charlyboy, has said it is time Nigerians took their destinies into their hands by occupying the National Assembly to demand justice and accountability from their representatives who have looted the country’s resources dry. Charlyboy noted that he wont mind leading such protests if others are afraid to do so.…