Category Archives: Editorials

Editorial Column

Panama-hidden assets of Ibori, John Kuffour, Messi, Putin allies revealed

james Ibori: stashed assets revealed in leaked Panama papers A massive leak of 11.5 million tax documents has exposed the secret offshore dealings of aides to Russian president Vladimir Putin, world leaders and celebrities including Barcelona forward Lionel Messi. Also revealed were accounts linked to former  Nigerian governor, James Ibori and the son of former

IGP vows to end bribery among Police rank and file

The Inspector General of Police (IGP) Solomon Arase has sworn to remove all elements capable of leading policemen into bribery and corruption which has been bringing the force to disrepute in recent times. Speaking in Umuahia while addressing officers and men of the Abia state police command at the police headquarters, Arase said that the

FG’s N3.1 trillion revenue loss traced to an individual

Apparently believing that he had heard and seen the worst of how corrupt practices have brought Nigeria to her knees, President Muhammadu Buhari, last week, almost lost his cool when it was brought to his attention that a whopping $16 billion – at the official exchange rate of N196, this comes to N3.136 trillion; while,

How Fani-Kayode, Falae, Udenwa, others shared N3.15b before 2015 polls – EFCC

A source at the anti-graft agency, who pleaded not to be named because he is not authorized to speak, told Vanguard that the money was paid by the Central Bank Nigeria into the account of the Ministry of External Affairs Library, from where it was moved into the account of Joint Trust Dimension Nigeria Limited

Home News Headline Stories Top News More News Foreign Investigations Business News Reports Analysis And Data Interviews And Profiles Opinion Arts/Life Arts/Books Kannywood Lifestyle Music Nollywood Travel Sports Oil/Gas Reports FAAC Reports Revenue AGAHRIN Parliament Watch Letters Abacha loot: Switzerland returns $723 million to Nigeria in 10 years

The Swiss government has confirmed that it has so far returned $723 million (about N142.43 billion) of stolen funds seized from the family of the late former head of state, Sani Abacha, to the Nigerian government over the last 10 years. The amount excludes $321million (about N63.24 billion) which the Swiss authorities recently said recently

$2.1bN cash: Return home or be humiliated, EFCC warns fleeing corrupt ex-officials

Mulls arrest warrants for ex-gov, minister, customs boss, AGF, others in hiding abroad By Soni Daniel, Northern Region Editor abuja—The Economic and Financial Crimes Commission, EFCC, went tough last night, with a final warning to top officials implicated in the stealing of huge sums of public funds to come out of their hiding and face

I usually helped Badeh convert N558m from staff salaries to dollars, witness tells court

Salisu Abdullahi, a retired air commodore, has told Justice Okon Abang of the federal high court, Abuja, that Alex Badeh, while he was the chief of air staff, “usually” instructed him to convert N558m  to dollars and bring to his house. The amount represented the leftover of funds meant for the monthly payment of staff salaries, said

Halliburton scam: ex-head of state, five SANs under probe

A fresh probe of  the $180m Halliburton bribery scandal by the Economic and Financial Crimes Commission (EFCC), is in progress, with the anti-graft agency set to interrogate several highly-placed beneficiaries. Under the EFCC radar are two former heads of state and five Senior Advocates of Nigeria (SANs) . One of the SANs, D. D. Dodo,

Nigeria’s stolen funds not only in Europe but everywhere – EU

The Head of the EU Delegation to Nigeria, Mr Michel Arrion has alleged that Nigeria’s stolen funds are not only found in Europe but all over the world. Arrion, stated this at a press briefing on Wednesday in Abuja, while pledging support of the union to President Muhammadu Buhari’s efforts to recover Nigeria’s looted funds. He

UK newspaper calls ex-president Jonathan “an ineffectual buffoon”

The Economist, an English-language weekly newspaper owned by the Economist Group, has described Nigeria’s former president Goodluck Jonathan “an ineffectual buffoon”. In an article titled “Nigeria’s economy Crude tactics”, the newspaper said: Buhari’s government has cracked down on corruption, which had flourished under the previous president, Goodluck Jonathan, an ineffectual buffoon who let politicians and

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