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Corruption

This category contains 43 posts

Corruption index: ‘Nigeria’s improvement confirms Jonathan’s anti-corruption fight’

The Special Assistant to President Goodluck Jonathan on New Media, Mr. Reno Omokri, has noted that the Transparency International’s Corruption Perceptions Index 2014 confirmed the success of the anti-corruption fight of the president. Nigeria improve on the CPI from 144 in 2013 to 136 this year. He attributed the success to the clinical surgical incision … Continue reading

TRANSCRIPT OF FAREED ZAKARIA’S INTERVIEW WITH NGOZI OKONJO-IWEALA [on SANUSI]

ZAKARIA:  Listen in to our conversation.  I began by asking her why the central banker was suspended for blowing the whistle. (BEGIN VIDEOTAPE) NGOZI OKONJO-IWEALA, NIGERIAN FINANCE MINISTER:  I believe that when you find problems, you should also find solutions.  I think the problem began the first time when he said that the amount that … Continue reading

Corruption in FG Parastatals: Ngozi Okonjo-Iweala Committed To The Fight

The amount of money missing in the federal government’s oil-revenue account at the central bank has been the story du jour in Nigeria. Various figures have been listed as the amount of money missing. First it was $49 billion, later it was $10 billion, later it was $12 billion, and now it’s $20 billion. Perhaps … Continue reading

Corruption: ICPC seizes 100 houses, prosecutes ex-IG

The Independent Corrupt Practices and Other Related Offences Commission on Wednesday said it had seized 100 houses acquired with proceeds from corruption in Abuja and environs. An ICPC Commissioner, Alhaji Isa Salami, who said this in Calabar, Cross River State capital, explained that the houses were seized by the commission within the last four months. … Continue reading

N33bn police pension scam: EFCC gets court order to seize suspects’ property

ABUJA—A Federal High Court sitting in Abuja, yesterday, cleared the way for the Economic and Financial Crimes Commission, EFCC, to freeze the illicit property of two of the prime suspects in the looting of the Police Pension fund to the tune of about N33 billion. The two suspects to lose their property scattered in many … Continue reading

Taraba’s acting gov sacks commissioners, SSG over N400m flood relief fund

JALINGO—Taraba State Acting Governor  has wielded the big stick against eight top government officials for allegedly embezzling the N400 million given the state by the Federal Government to cater for the victims of last year’s ravaging flood. Those sacked by the Actig Governor Garba Umar were, the Commissioner for Agriculture, Anthony Jerason; Commissioner for Women … Continue reading

APC EXPOSED: Buhari’s Spokesman Accuses ACN Governors of Corruption, Says They Award One Kilometer Road For One Billion Naira

General Mohammadu Buhari’s Spokesman and Chieftain of the Save Nigeria Group, Mr. Yinka Odumakin has accused the Governors of the Action Congress of Nigeria, ACN, of awarding one Kilometer of Road construction for N1 Billion. Boasting about his knowledge of Yoruba political leaders, Odumakin said, “I can tell you authoritatively that the most dangerous and … Continue reading

Ex-NNPC staff arrested for vandalising pipeline

Operatives of the  Inspector General of Police Special Task Force on anti pipeline vandalism have arrested a former staff of the Nigerian National Petroleum Corporation, NNPC, Bashiru Majorette, while allegedly siphoning petroleum product at Odi Ifediwo area of Ogun State. Preliminary investigation, according to officer in-charge of the unit, Friday Ibadin,an Assistant Commissioner of Police, … Continue reading

Govt freezes MDAs’ accounts over diversion of revenues

• Identifies N58 billion hidden funds • CBN, banks to close accounts Monday A PERIOD of reckoning is here for all Federal Government’s Ministries, Departments and Agencies ( MDAs) which have been generating revenues and diverting  them  instead of remitting  them  into the Federal Government’s Consolidated Revenue Fund ( CRF) Account maintained at the Central … Continue reading

SUBSIDY FRAUD: Jonathan Snubs Desperate Marketers.

**GEJ warned his aides against meeting with those indicted or standing trial. **Get caught with Oil fraudsters and blame yourself – GEJ to aides & advisers. The perpetrators of the fuel subsidy fraud may be heading towards their Waterloo as sources have confirmed that the president has refused to give audience to the distressed marketers who made … Continue reading