The Federal Government on Tuesday gave insight into how its recent anti-graft preventive measures adopted to check corruption and manage recovered stolen assets had helped in repatriating funds and assets stolen and stashed away in overseas’ banks and other custodial agencies by some fraudulent Nigerians . The government listed some of the repatriated loots as […]
Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Tuesday confirmed that the Federal Government had recovered $700 million looted funds in the last four years, including the just received £4.2 million stolen from Delta State’s treasury by an ex-governor, James Ibori, from the United Kingdom. Malami gave this hint during a virtual […]
The Permanent Secretary, Special Duties at the Federal Ministry of Finance, Budget and National Planning, Dr. Muhammed Dikwa, on Thursday disclosed that Federal Government had saved N594.09 billion from the implementation of the Whistle Blowing Policy since its inception in 2016. Dikwa gave this hint while speaking at a workshop on the overview of whistle […]
Minister of Justice and Attorney-General of the Federation, Abubakar Malami, has disclosed that the Federal Government has formally requested the National Assembly to approve payment of 2.5% commission to those who assisted government in recovering stolen funds from foreign countries. Malami, who gave this hint while defending his ministry’s 2020 budget proposals before the Senate […]
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, on Sunday told journalists that the Federal Government was negotiating with Process and Industrial Developments Ltd (P& ID) over the Gas Supply Processing Agreement (GSPA) debt judgment because the timeline to appeal the judgment, first delivered in 2014, had lapsed. A United Kingdom court […]