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N1.3trn stolen in four years by 32 entities—Magu

N1.3trn stolen in four years by 32 entities—Magu

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu on Monday said public funds stolen by 32 entities (human and corporate) between 2011 and 2015 was well over N1.3 trillion. Magu disclosed this in his keynote address at the opening ceremony of the 2019 First Batch Conversion Training Programme to Procurement […] …

Buhari shuns meeting with Bauchi, Adamawa governors

President Muhammadu Buhari failed to see Bauchi State Governor Mohammed Abubakar and his Adamawa State counterpart, Jibrilla Bindow, when the duo visited the Presidential Villa yesterday.
The post Buhari shuns meeting with Bauchi, Adamawa governors appeared first on The Guardian Nigeria News – Nigeria and World News. …

EFCC grants Turaki, Abdullahi administrative bail

EFCC grants Turaki, Abdullahi administrative bail

Economic and Financial Crimes Commission (EFCC) has said that it had granted the deputy director-general of Atiku Campaign Organisation, Tanimu Turaki, administrative bail. The acting spokesperson, Tony Orilade, disclosed yesterday in Abuja that Atiku Abubakar’s son in-law, Babalele Abdullahi, who had been in EFCC custody over allegations of money laundering, was also granted administrative bail. […]
The post EFCC grants Turaki, Abdullahi administrative bail appeared first on The Guardian Nigeria News – Nigeria and World News. …

I will not mortgage people’s mandate – Atiku

The presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar, has assured Nigerians that under no circumstance will he mortgage the mandate of Nigerians as expressed on Feb. 23 Presidential Election. Abubakar gave the assurance in a statement issued by his Media Aide, Mr Paul Ibe on Saturday in Abuja. Abubakar said that the […]
The post I will not mortgage people’s mandate – Atiku appeared first on The Guardian Nigeria News – Nigeria and World News. …

Court remands ex-SGF Babachir Lawal in EFCC custody

Sacked Secretary to the Government of the Federation (SGF), Babachir Lawal, has been remanded in the custody of the Economic and Financial Crimes Commission (EFCC). The Federal Capital Territory (FCT) High Court presided over by Justice Jude Okeke ordered his detention after the commission arraigned him yesterday alongside three others, Hamidu David Lawal, a director […]
The post Court remands ex-SGF Babachir Lawal in EFCC custody appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

EFCC denies story on Ayeni, former chair of Skye Bank

The Economic and Financial Crimes Commission (EFCC), has denied reports that former Chairman of Skye Bank, Tunde Ayeni is currently undergoing treatment in an undisclosed medical facility after he was poisoned in EFCC detention. EFCC’s acting Spokesperson, Tony Orilade, in a statement yesterday, in Abuja, said: “Given that the intention of this false alarm is […]
The post EFCC denies story on Ayeni, former chair of Skye Bank appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

EFCC accuses 10 banks of money laundering

EFCC accuses 10 banks of money laundering

The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Friday accused 10  unnamed commercial banks of money laundering. The EFCC chief condemned the increasing wave of illicit financial flows and vote buying in the country during elections. He spoke in Lagos during a round table meeting with managing directors of […] …

EFCC cautions public on fake social media handles, addresses

EFCC cautions public on fake social media handles, addresses

The Economic and Financial Crimes Commission (EFCC) has charged members of the public to be wary of fake social media handles and addresses created by unscrupulous individuals to spread falsehood and misrepresent its activities. Its Spokesman, Tony Orilade gave the warning in a statement issued yesterday in Abuja, saying since the EFCC was established in […]
The post EFCC cautions public on fake social media handles, addresses appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

The Big 5: I will concede if I lose in free, fair elections – Atiku; Buhari’s suspension of Onnoghen fair, balanced – Tinubu | Other top stories

The Big 5: I will concede if I lose in free, fair elections – Atiku; Buhari’s suspension of Onnoghen fair, balanced – Tinubu | Other top stories

Here are the top stories you should be monitoring today: I will concede if I lose free, fair elections – …
Read » The Big 5: I will concede if I lose in free, fair elections – Atiku; Buhari’s suspension of Onnoghen fair, balanced – Tinubu | Other top stories on YNaija …

$8.4m AGO commercial dispute: FG, Trafigura, 6 others legal tussle lingers

$8.4m AGO commercial dispute: FG, Trafigura, 6 others legal tussle lingers

The court proceedings on the charge against Yusuf Yahaya Kwande and Osahon Asemota involving alleged conspiracy to steal $8.4 million worth of Automative Gas Oil (AGO) in 2008 is still ongoing. According to the Prosecuting Counsel, E. A. Jackson (Special Fraud Unit, an arm in the Nigerian Police Force), the alleged fraudulent conversion of the […]
The post $8.4m AGO commercial dispute: FG, Trafigura, 6 others legal tussle lingers appeared first on The Sun Nigeria. …

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