looted funds

The Federal Government says it is now impossible for recovered looted funds to be re-looted, as mechanisms have been put in place to prevent it. Mrs Ladidi Mohammed, the Director, Asset Recovery... Read more via Punch Newspapers – https://ift.tt/2Ix484M Get More Nigeria Political News

The Federal Government has made clarification on the confusion trailing the whereabouts of recovered looted funds, insisting that they were being paid into dedicated accounts with the Central Bank of Nigeria, CBN. Vanguard reports that discrepancies in the figures released to the media by...

ITSE Sagay, chairman of the Presidential Advisory Committee Against Corruption (PACAC), has revealed why President Muhammadu Buhari cannot prosecute former Presidents Olusegun Obasanjo and Goodluck Jonathan. The federal government led by Mr. Buhari of the All Progressive Congress (APC) has...

The Federal Government yesterday launched fresh moves to seize looted funds and suspicious assets traced to some former governors, ministers and senators in the United Arab Emirates (UAE). The Attorney-General of the Federation, Mallam Abubakar Malami (SAN), and the Acting Chairman of the...

The Economic and Financial Crimes Commission has uncovered a mansion allegedly owned by former Minister of Petroleum Resources, Diezani Alison-Madueke. The house, located in Asokoro Abuja is said to be worth $18 million with furnishings worth $2million and a bulletproof gym. The anti-graft's...