Tuesday, November 13, 2018

Tag "recovered loot"

    AGF, EFCC, boycott reps’ sitting on probe of recovered loot

AGF, EFCC, boycott reps’ sitting on probe of recovered loot

None of the government ministries, departments and agencies (MDAs) attended the house of representatives public hearing on the status of recovered public funds and assets from 1999 till 2016. Among the invited parties to the hearing which held on Tuesday were Abubakar Malami, attorney-general of the federation (AGF), Central Bank of Nigeria (CBN) as well as all the nation's anti-graft agencies.Following [...]

0 comment Read Full Article
    Osinbajo: What we are doing with recovered loot

Osinbajo: What we are doing with recovered loot

Vice-President Yemi Osinbajo says a large portion of recovered loot is used to fund the social investment projects of the current administration.Speaking at an event to commemorate the World Anti-corruption Day, Osinbajo listed some of such social investment projects to include the homegrown school feeding programme, growth enterprise and empowerment pogramme as well as N-Power – “the largest social investment [...]

1 comment Read Full Article
    Recovered loot ‘will be used to fund 20 percent’ of 2017 budget’

Recovered loot ‘will be used to fund 20 percent’ of 2017 budget’

Okoi Obono-Obla, senior special assistant to the president on prosecutions, says 20 percent of the 2017 budget will be financed with recovered loot.Obono-Obla made this known on Tuesday while speaking with journalists in Abuja.He said that the federal government would, however, liaise with the national assembly for permission before the funds would be used.He commended the All Progressives Congress(APC) administration [...]

0 comment Read Full Article
    Ribadu: I went into politics in my madness and I’m still paying dearly for it

Ribadu: I went into politics in my madness and I’m still paying dearly for it

Mallam Nuhu Ribadu, a former chairman of the Economic and Financial Crimes Commission (EFCC), says he is "paying dearly" for his decision to go into politics after heading the nation's anti-graft agency.While noting that the "fight against corruption is a thankless job", the 2011 presidential candidate of Action Congress (AC) maintained that he was never party to the embezzlement of recovered loot [...]

0 comment Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

Exchange Rates

November 9, 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.
Advertisement
Advertisement
Advertisement