Friday, September 21, 2018

Tag "EFCC"

    CSO asks EFCC to probe NNPC over 2016 audit report

CSO asks EFCC to probe NNPC over 2016 audit report

The Civil Society Network Against Corruption (CSNAC) has asked the Economic and Financial Crimes Commission (EFCC) to commence investigation into allegations of missing and unremitted funds levelled against some agencies, including the Nigerian National Petroleum Corporation (NNPC).The civil society organisation (CSO) based its demand on an audit report of some ministries and agencies by Price WaterHouse Coopers in 2016.In a petition to [...]

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    Wike gives condition for allowing Rivers officials appear before EFCC

Wike gives condition for allowing Rivers officials appear before EFCC

Nyesom Wike, governor of Rivers, says officials of the state government will appear before the Economic and Financial Crimes Commission (EFCC) only if the anti-graft agency follows the rule of law.The EFCC had invited and quizzed Peter Amangbo, managing director of Zenith Bank, over alleged N117 billion transaction by the state government in the past three years.The anti-graft agency is [...]

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    Akpabio still under investigation, says Magu

Akpabio still under investigation, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says Godswill Akpabio, former minority leader of the senate, is still under investigation.Akpabio, who left office as governor of Akwa Ibom state in 2015, had been grilled on several occasions by the EFCC over allegations of fraud.Leo Ekpenyong, a lawyer and activist, had petitioned the anti-graft agency, accusing [...]

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    Magu: No hiding place for defecting politicians

Magu: No hiding place for defecting politicians

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says politicians defecting from one party to another would not be shielded from prosecution by the anti-graft agency.There have been allegations that some politicians joined the ruling All Progressives Congress (APC) to prevent being prosecuted by the commission.But speaking during a parley with editors in Lagos on Wednesday, [...]

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    ‘I’m the most investigated ex-gov’ — Uduaghan says fear of EFCC not behind defection

‘I’m the most investigated ex-gov’ — Uduaghan says fear of EFCC not behind defection

Emmanuel Uduaghan, former governor of Delta, says he did not defect to the All Progressives Congress (APC) to be shielded from investigation.Uduaghan confirmed his exit from the Peoples Democratic Party (PDP) after attending a meeting of the APC national caucus in Abuja on Tuesday.He later said in a statement that he joined the ruling party to attract development and bring a [...]

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    Report: EFCC probing Saraki, Ahmed over N17bn Kwara bond

Report: EFCC probing Saraki, Ahmed over N17bn Kwara bond

The Economic and Financial Crimes Commission (EFCC) is reportedly probing Senate President Bukola Saraki over the use of N17 billion bond secured by the Kwara state government.Abdulfatah Ahmed, governor of Kwara, is also being investigated.According to The Nation, the EFCC suspects that the bonds raised in 2009 when Saraki was governor of the state may have been misappropriated by both [...]

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    Probe of security vote: Governors hire lawyers to challenge EFCC

Probe of security vote: Governors hire lawyers to challenge EFCC

Governors under the auspices of the Nigerian Governors Forum (NGF) say they have hired lawyers to challenge the power of the Economic and Financial Crimes Commission (EFCC) to probe security vote of states.Abubakar Badaru, governor of Jigawa state, disclosed this at the end of the monthly national economic council (NEC) meeting presided over by Acting President Yemi Osinbajo at the [...]

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    APC asks anti-graft agencies to intensify probe of ‘looters’

APC asks anti-graft agencies to intensify probe of ‘looters’

The All Progressives Congress (APC) has asked the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) to intensify efforts in recovery funds and assets stolen by public officials.In a statement on Thursday, Yekini Nabena, APC's acting spokesman, said fighting corruption was one of the party's promises to Nigerians and it remains committed to it.Nabena said there [...]

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    EFCC asks Benue to release details of security meetings

EFCC asks Benue to release details of security meetings

The Economic and Financial Crimes Commission (EFCC) has asked the government of Benue state to release details of the state's security meetings.Terver Akase, spokesman of Samuel Ortom, governor of Benue, disclosed this to TheCable on Wednesday.Akase said the anti-graft agency requested details of the meetings between 2015 and 2018.The governor's aide wondered if the EFCC had become a security regulatory [...]

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    Misau describes Ojudu’s allegation against Saraki as a conspiracy theory

Misau describes Ojudu’s allegation against Saraki as a conspiracy theory

Isah Misau, senator representing Bauchi central, has wondered how Senate President Bukola Saraki would work with the Economic and Financial Crimes Commission (EFCC) to undermine the Buhari administration.Misau said this in response to an article, 'Fifth Columnist in our recent history', written by Babafemi Ojudu, an aide of the president.But in a statement on Monday, Misau described Ojudu's allegation as a [...]

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    In all we do, we are guided by the fear of God, says EFCC

In all we do, we are guided by the fear of God, says EFCC

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency is guided by the fear of God in its operations.Magu said this at an interactive session with stakeholders in Ibadan on Monday.He said the agency has prosecuted all corruption cases, no matter how highly placed the suspect is, while it has secured at least 150 convictions [...]

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    EFCC to Ojudu: We are NOT working with Saraki to undermine Buhari

EFCC to Ojudu: We are NOT working with Saraki to undermine Buhari

The Economics and Financial Crimes Commission (EFCC) has denied acting out any script by Senate President Bukola Saraki.In a statement issued by Wilson Uwujaren, its spokesman, the commission alleged that Babafemi Ojodu, special adviser to President Muhammadu Buhari on political matters, is  attempting to "impute false motive to its investigative activities".In an article entitled: "Fifth Columnist in our recent history", Ojudu said [...]

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    Ortom: No amount of persecution will make me return to APC

Ortom: No amount of persecution will make me return to APC

Samuel Ortom, governor of Benue state, says no amount of “torment or persecution” will make him reconsider his defection from the ruling All Progressives Congress (APC).In a statement issued on his behalf by Terver Akase, his chief press secretary, the governor accused the Economic and Financial Crimes Commission (EFCC) of being a strike squad of the ruling party.He also alleged that [...]

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    Ribadu: Our children will inherit failure if we don’t fight corruption

Ribadu: Our children will inherit failure if we don’t fight corruption

Nuhu Ribadu, former chairman of the Economic and Financial Crimes Commission (EFCC), says Nigerian children will inherit failure and problems if corruption is not checked.Ribadu said this in a chat with TheCable at the one year anniversary of the implementation of the whistleblower, a project by Corruption Anonymous (CORA).The programme took place in Abuja on ThursdayHe said for the country [...]

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    Ortom’s aide asks Nigerians to reject what Buhari is ‘using EFCC for’ in Benue

Ortom’s aide asks Nigerians to reject what Buhari is ‘using EFCC for’ in Benue

Terver Akase, chief press secretary to Samuel Ortom, governor of Benue state, has accused President Muhammadu Buhari of using the Economic and Financial Crimes Commission (EFCC) to witch-hunt Benue government.Speaking with TheCable on the closure of three bank accounts belonging to the state government, Akase alleged that the current administration has turned the EFCC into an "attack dog".He said his principal [...]

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    FLASHBACK: ‘N50bn spent on 2015 poll’, ‘mansions in Abuja, Lagos’ — the EFCC allegations against Akpabio

FLASHBACK: ‘N50bn spent on 2015 poll’, ‘mansions in Abuja, Lagos’ — the EFCC allegations against Akpabio

It is no longer news that Godswill Akpabio will be defecting from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). What has remained unclear, however, is why the former governor of Akwa Ibom state is leaving the PDP – a party he held sway as one of its key figures: a former governor and a senate minority leader.The [...]

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Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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