After 10 hours of stand-off, operatives of the Economic and Financial Crimes Commission (EFCC), yesterday, arrested a former governor of Imo State, Rochas Okorocha. A source from the anti-graft agency, who confirmed Okorocha’s arrest, yesterday, simply said, “After nearly 10hours standoff, EFCC arrests Senator Okorocha.” Spokesman of the EFCC, Wilson Uwujaren, had in a statement, … [Read more…]
Socio–Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over his failure to probe allegations that over 880 billion of public funds are missing from 367 ministries, departments and agencies (MDAs), to ensure the prosecution of those suspected to be responsible, and the recovery of any missing or diverted public … [Read more…]
Victims of an alleged scam perpetrated by a Lagos-based forex training and capital investment company, MBA Capital and Trading Limited, are worried over their unpaid dividend and capital, and the disappearance of the Chief Executive Officer, Maxwell Odum. The victims, numbering 52, said the total amount they were defrauded of was N122,510,000, adding that … [Read more…]
An Upper Area Court sitting in Abuja has summoned Shell Petroleum Development Company of Nigeria and seven of its top Executives over alleged theft of 16 million barrels of crude oil through fraudulent and unapproved metering system. The judge of the court sitting in Zuba, Gambo Garba, issued the summons on Thursday following a … [Read more…]
The scheduled arraignment of former Aviation Minister, Senator Stella Oduah, and eight others, for alleged N10 billion fraud, was stalled on Monday. The prosecution failed to effect service of court documents on some of the defendants. This is the second time the arraignment was being put off, following claim by lawyer to … [Read more…]
The Deputy Speaker of the House of Representatives, Ahmed Wase, on Tuesday said he sacked one of his legislative aides over alleged fraud. This was made known by his Chief Press Secretary, Umar Puma, in a statement on Tuesday titled, ‘Wase replaces Legislative Aide.’ The Chief of Staff to the Deputy Speaker was quoted … [Read more…]
Vice-President Yemi Osinbajo has expressed worry over a survey report that highlights persistent corruption, duplicity of functions, poor service orientation and other anti-business disposition in some of the Federal Government’s regulatory agencies. Osinbajo and the Presidential Enabling Business Environment Council therefore resolved to make the report available to … [Read more…]