A former acting Accountant-General of the Federation, Anamekwe Nwabuoku, has requested additional time from the Federal High Court in Abuja to complete the refund of public funds he and his co-defendant, Felix Nweke, allegedly looted. Eko Hot Blog gathered that the duo faces 11 counts of money laundering totaling N1.6 billion, brought by the Economic … Read more
Eko Hot Blog reports that Jersey’s Royal Court has granted a ruling favoring the return of stolen assets worth £6.9 million ($8.9 million) to Nigeria. The decision comes after Jersey’s Attorney General issued a forfeiture notice in November, asserting that the funds, deposited in a Jersey bank account, were likely misappropriated by Nigerian government officials … Read more
EKO HOT BLOG reports that Economic and Financial Crimes Commission (EFCC) Chairman Ola Olukoyede, declared yesterday that there was no more hiding place for public fund looters. He said every stolen fund would be recovered to develop the country’s social systems. EDITOR’S PICKS Nigeria Will Clear FX Backlog – Tinubu Promises Ondo Commissioner Writes Aiyedatiwa, Alleges … Read more
Governor Lawal issues 5-day ultimatum for ex-Governor Matawalle to return stolen vehicles. EFCC probes Matawalle for N70bn corruption case while facing bribery allegations. Government aims to recover looted funds and fulfill campaign promises. EKO HOT BLOG reports that Governor Dauda Lawal of Zamfara State has given his predecessor, Bello Matawalle, an ultimatum of five days … Read more
The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, on Monday, inaugurated an inter-ministerial committee to sell off both movable and immovable looted assets recovered so far through the anti-corruption efforts of the Muhammadu Buhari administration. Malami said the composition of the inter-ministerial committee was approved by President Muhammadu Buhari on … Read more