Tag: Public Funds
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ICPC recovers N13bn diverted public funds in September
Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced the recovery of N13 billion diverted public funds in September. ICPC Chairman, Dr Musa Aliyu, SAN, who made the announcement in his address of w
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I didn’t acquire my latest property in US with public funds – Keyamo
The Minister of State for Labour and Employment, Festus Keyamo, has finally spoken about his latest acquisition in the United States of America, saying that he didn’t buy the house with public funds. Recall that Keyamo was dragged on social media after he appeared before a building worth over $300,000 in the US.
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How Prof. Ojerinde used me to embezzle public funds – ex-JAMB director
Mr. JImoh Olabisi, former Deputy Director, Joint Admissions and Matriculation Board (JAMB), on Wednesday, alleged that Prof. Dibu Ojerinde, ex-JAMB Registrar, instructed him to open a bank account through which the Federal Government’s money was diverted. Olabisi, who stood as a witness of the Independent Corrupt Practices and other relate
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ICPC raises alarm over diversion of public funds
The Independent Corrupt Practices and other Related Offences Commission (ICPC) raised the alarm on Thursday in Abuja about the diversion of public funds.
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Uzodinma to Imolites: Expose me if I ever steal public funds
Imo State governor, Hope Uzodimma, on Saturday challenged any Imolite to expose him if he had stolen any public money since he assumed office as governor in the state. Addressing a mammoth crowd at Imo stakeholders meeting in Owerri to assess the progress of his administration in the last one year, Uzodinma said that he…
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How 32 entities stole N1.3trn public funds under Jonathan’s government – Magu
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has said a whooping sume of N1.3 trillion public funds were stolen by 32 entities (human and corporate) between 2011 and 2015. Recall that former President Goodluck Jonathan held sway as the president from 2011 – 2015. Magu made the revelation Monday in…
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2019: I wont divert public funds to run APC campaigns, Buhari assures Nigerians
President Muhammadu Buhari on Wednesday reiterated his commitment to the elimination of corruption in campaign financing, saying he will not authorise the use of funds from the public treasury for his re-election campaign. Buhari spoke after of the Federal Executive Council (FEC) meeting. The President directed Council members to take advantage of technology to reach…
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Kenyan investigators summon 40 people over ‘massive theft of public funds’
Kenyan investigators have summoned 40 people for questioning after a “massive theft of public funds” at the country’s National Youth Service (NYS), the head of the directorate of criminal investigations has said. Domestic media reports said 10 billion shillings (100 million dollars) had been stolen through fictitious invoices, and multiple payments on one supplier…
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Nigerian youths should question leaders on what they are doing with public funds – Amaechi
…says youths now openly celebrate corrupt officials The Minister of Transportation, Rotimi Amaechi, says Nigeria youth are copying the wrong model of leadership, an act, he notes, may jeopardise their future. Mr. Amaechi made the assertion in an interview with the News Agency of Nigeria (NAN) on the sidelines of the Future Awards Africa held…
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French court jails Vice President of Equatorial Guinea, Teodorin Obiang for embezzlement
A French court on Friday found the Vice President of Equatorial Guinea, Teodorin Obiang guilty in absentia for using money plundered from his country to buy property and luxury cars in France. TheNewsGuru.com reports that Teodorin Obiang who is also the eldest son of President Teodoro Obiang was also handed a three-year suspended prison sentence…