Wednesday, September 19, 2018

Tag "Ministry of Justice"

    Abacha Loot: Finance ministry speaks on N7bn lawyers’ fees

Abacha Loot: Finance ministry speaks on N7bn lawyers’ fees

The ministry of finance says it has no information on the payment of lawyers hired by Abubakar Malami, attorney-general of the federation (AGF), for the recovery of  $321 million looted by Sani Abacha, former military dictator.Acting on a tip-off that the Nigerian lawyers were about to be paid, the Cable Newspaper Journalism Foundation (CNJF), a partner organisation with TheCable, had asked [...]

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    Abacha Loot: AGF Malami frustrates probe of $17m lawyers’ fee

Abacha Loot: AGF Malami frustrates probe of $17m lawyers’ fee

Abubakar Malami, attorney-general of the federation (AGF), has resorted to delay tactics to frustrate house of representatives' investigation of the $17 million lawyers' fee for the recovery of $321 million Abacha loot, TheCable has gathered. Apart from refusing to provide the documents requested by the ad-hoc committee set up by the house, Malami has also decided to use the courts to stall the [...]

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    FG to challenge $8bn award against Nigeria by US court

FG to challenge $8bn award against Nigeria by US court

The federal government says it has commenced process of challenging and defending the enforcement proceedings of $8bn award against Nigeria.Process and Industrial Developments Limited (P&ID) had sued the Nigerian government for an alleged breach of contract over a 2010 natural gas supply and processing agreement.The company, with headquarters in British Islands, filed an arbitration case against Nigeria in London and [...]

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    FG begins disbursement of $320m in July as Switzerland says Abacha loot fully returned

FG begins disbursement of $320m in July as Switzerland says Abacha loot fully returned

The federal government says it will commence disbursement of the recovered $320 million Abacha loot to 302,000 poor households in 19 states in July.In May, President Muhammadu Buhari had said the recovered loot will be put into the conditional cash transfers (CCT) scheme targeted at the “poorest of Nigerians".Tukur Rumar, representative of the National Cash Transfer Office (NCTO), on Thursday [...]

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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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    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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    Abacha Loot: Cable Foundation sues AGF over noncompliance with FoI act

Abacha Loot: Cable Foundation sues AGF over noncompliance with FoI act

The Cable Newspaper Journalism Foundation (CNJF) has sued the attorney-general of the federation (AGF) over his failure to respond to a freedom of information (FoI) request on the engagement of lawyers for the recovery of stolen funds.The case, with suit number FHC/ABJ/CS/27/2018, was filed by Kusamotu & Kusamotu law chambers at a federal high court in Abuja, on January 10, [...]

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    Malami says FG has recovered more than N37bn, $666m

Malami says FG has recovered more than N37bn, $666m

Abubakar Malami, attorney-general of the federation and minister of justice, says the federal government has recovered more than N37 billion and $666.68 million in the anti-corruption war.Malami said his ministry - in line with the anti-corruption war - recovered the money.The minister made this revelation in Abuja, while defending the ministry’s 2017 budget before the senate committee on judiciary, human [...]

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    Motorcycles to be banned in Kaduna

Motorcycles to be banned in Kaduna

The Kaduna State House of Assembly has passed a bill prohibiting the use of commercial motorcycles in some parts of the state.The bill intends to amend the Commercial Motorcycle Law No. 4 of 1999 and the Road Traffic Law Cap 135 of Kaduna State 1991.The law, which bans the use of commercial motorcycles in Kaduna, Zaria and Kafanchan, provides for [...]

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Exchange Rates

September 18, 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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