Tag: Stolen Funds
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APC reacts to stolen $50,000 at its national secretariat
The All Progressives Congress (APC) has said that the reported lost Dollars at its national secretariat on Wednesday in Abuja, does not belong to it as being speculated. Mr Felix Morka, the party’s National Publicity Secretary said this in a statement on Thursday, adding that the
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Forensic audit: Buhari talks tough, says NDDC looters will vomit stolen funds, be prosecuted
President Muhammadu Buhari on
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FG moves to recover over £200m stolen funds stashed in U.S., Ireland, others
The Federal Government has said it would recover 200 million pounds stashed in the United States, as it embarks on a massive recovery of assets belonging to the country. This is according to the Attorney-General of the Federation, Abubakar Malami who was speaking on the sidelines of the United Nations General Assembly in New York.…
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Ireland to return €5.5m frozen Abacha loots to Nigeria
Ireland has signed an agreement with Nigeria for the return of funds misappropriated by Nigeria’s former leader, the late General Sani Abacha, who ruled the country from 1993 until his death in 1998. The Criminal Assets Bureau (CAB) took part in an international operation linked to the case which led to the freezing of over…
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N10b stolen from NDDC for Rivers election – Wike
Rivers Governor Nyesom Wike has made a sensational claim that N10billion was withdrawn from the accounts of the Niger Delta Development Commission for 2019 election. He claimed the money was used to fight him in the election. It was not clear how the Rivers State Governor came upon the staggering slush fund. He did not…
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Stolen funds: Tell Nigerians how much you have recovered, Falana tells FG
Activist lawyer, Femi Falana (SAN) has called on the Federal Government to declare how much stolen funds it has recovered since 1999. He was joined in this call by the first woman SAN, Chief Folake Solanke at the 20th Mike Okonkwo Annual Lecture to celebrate the 74th birthday of the Presiding Bishop of The Redeemed…
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Foreign countries frustrating efforts to repatriate stolen funds – Magu
The acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has lamented the difficulties being experienced in the repatriation of stolen assets traced to foreign countries, making a clarion call on international law enforcement agencies to assist the agency in this regard. “The process of repatriating monies stashed abroad has been very frustrating and…
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Return Nigeria’s stolen funds still stashed in your countries – Buhari tells US, others
President Muhammadu Buhari on Monday appealed to the governments of the United States to facilitate quick repatriation of Nigeria’s stolen funds still stashed in their domains. He noted that the bulk of the stolen money could have been invested in the education sector to improve on quality, blaming the elite for allegedly looking away while…
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Corruption: EFCC secures 603 convictions, recovers over N500bn stolen funds – Official
The Economic and Financial Crimes Commission (EFCC) on Monday confirmed securing over 603 convictions and raking over N500 billion of Nigeria’s stolen fund in three years. The agency also claimed that it has altered the narrative of the fight against corruption in Nigeria through aggressive tracing and recovery of stolen assets. The commission, in a…
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Pastors, Imams angry at Buhari because they no longer receive tithes from looted funds – Gov Bello
…Insists Buhari will win 2019 elections by landslide Governor Yahaya Bello of Kogi State has reacted to news that some Catholic Bishops that visited President Muhammadu Buhari on Thursday are angry with his (Buhari) style of leadership. The governor noted that while it is true that some Nigerians are happy, however, those that are angry…