Tuesday, October 27, 2020
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Tag "looted funds"

EFCC hands over N263m ‘looted under Ahmed’ to Kwara govt

    EFCC hands over N263m ‘looted under Ahmed’ to Kwara govt

The Kwara state government says it has received N263 million recovered by the Economics and Financial Crimes Commission (EFCC) from some officials of the previous administration. In October, the EFCC

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Malami: 2.5% of recovered loot should be spent on logistics, private lawyers 

    Malami: 2.5% of recovered loot should be spent on logistics, private lawyers 

Abubakar Malami, attorney-general of the federation (AGF), says 2.5 percent of recovered loot should be spent on logistics, operational costs and payments to consultants and private lawyers. Malami said this

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Two global banks close Nigerian offices

    Two global banks close Nigerian offices

Global banking giant HSBC and UBS, a Swiss private bank, have closed their representative offices in Nigeria. The Central Bank of Nigeria (CBN) announced this in a report on Friday.

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MAP: 13 roads to be reconstructed with recovered loot

    MAP: 13 roads to be reconstructed with recovered loot

President Muhammadu Buhari on Friday signed an executive order to restrict corrupt suspects access to their assets seized during investigation. As part of the benefits of the order, Buhari said

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Nigeria, US sign agreement on return of $300m ‘looted by Abacha, Alamieyeseigha’

  Nigeria, US sign agreement on return of $300m ‘looted by Abacha, Alamieyeseigha’

The federal government has signed an agreement with the United States on the return of over $300 million allegedly looted

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Malami: Civil society groups will monitor assets recovered from Abacha

  Malami: Civil society groups will monitor assets recovered from Abacha

Abubakar Malami, attorney general of the federation says the federal government, has concluded plans to sign a memorandum of understanding

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Swiss govt to help Buhari get $370m Abacha loot

  Swiss govt to help Buhari get $370m Abacha loot

Hans Rudolf Hodel, ambassador of Switzerland to Nigeria, has said his home government is ready to help Muhammadu Buhari fight

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