Friday, August 9, 2019

Tag "abacha loot"

    Malami is making a mess of your anti-graft fight, group tells Buhari

Malami is making a mess of your anti-graft fight, group tells Buhari

The Resource Centre for Human Rights and Civic Education (CHRICED) has called on President Muhammadu Buhari to take swift action on the aborted shady payments to two lawyers on the recovery of Abacha loot.TheCable had reported the engagement of another set of Nigerian lawyers for a fee of $17 million (about N6 billion) for a job already completed by Enroci [...]

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    Abacha loot: I never asked Nigeria for extra pay, says Swiss lawyer

Abacha loot: I never asked Nigeria for extra pay, says Swiss lawyer

Enrico Monfrini, a Swiss lawyer hired by the Nigerian government since 1999 to work on recovering Abacha loot, has denied asking for additional fees.His denial came on the heels of a syndicated article in Nigerian media seeking to justify the duplication of Monfrini's job by Abubakar Malami, the attorney-general of the federation (AGF).TheCable had reported the engagement of another set of [...]

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    Report: EFCC invites Okonjo-Iweala over $500m Abacha loot

Report: EFCC invites Okonjo-Iweala over $500m Abacha loot

The Economic and Financial Crimes Commission (EFCC) has reportedly invited Ngozi Okonjo-Iweala, former minister of finance, to explain the withdrawal of $250 million from the $500 million recovered from the Sani Abacha family.In 2015, a sum of $250 million was released to the office of the national security adviser (NSA) for the procurement of arms and ammunition to equip security [...]

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    Abacha Loot: Court to hear Cable Foundation’s suit against AGF on Feb 13

Abacha Loot: Court to hear Cable Foundation’s suit against AGF on Feb 13

A federal high court in Abuja has fixed February 13, 2018 for the hearing of a lawsuit filed against the attorney general of the federation (AGF) by the Cable Newspaper Journalism Foundation (CNJF).The case has been assigned Gabriel Kolawole, a judge of the federal high court.The foundation had sued the AGF over his failure to respond to a freedom of [...]

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    Nigeria to receive N36bn Abacha loot refund

Nigeria to receive N36bn Abacha loot refund

The federal government will on June 25 receive the N36 billion ($228 million) looted by former head of state, General Sani Abacha, from the Government and Principality of Liechtenstein, the ministry of finance has said.This is part of the agreement reached with the Abacha family, leading to the discontinuation of a suit against Mohammed, one of his sons, after the family [...]

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Exchange Rates

August 08, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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