Amid growing anxieties among Nigerians on recent UK court’s judgment awarded in favour of Process and Industrial Development Ltd (P&ID) to seize Nigeria’s assets worth $6.9bn over alleged breached of contract, a Federal High Court in Abuja on Thursday accepted the guilty pleas of two employees of the foreign company and its Nigerian affiliate – P […]
The embattled Chief Justice of Nigeria (CJN) Justice Walter Onnoghen, who over the past three months had been facing corruption charges, resigned his appointment with immediate effect on Friday. Onnoghen, who has been in the ‘eyes of the anti-corruption storm’ over the past months reportedly turned in his resignation letter to President Muhammadu Buhari late […]
Former workers of defunct Nigeria Airways on Wednesday asked President Muhammadu Buhari to revisit the suspended national airline project with a view to making Nigerians proud in the global commercial airlines’ business space. The spokesperson for the ex-workers, Lookman Animashaun, canvassed this investment agenda on Wednesday while thanking Nigerians for re-electing the All Progressives Congress’ […]
The Centre for Anti-Corruption and Open Leadership (CACOL) has accused the Independent Corrupt Practices and Related Offences Commission (ICPC) of adopting a piecemeal approach in prosecuting the suspended Director General of the Security and Exchange Commission (SEC), Mounir Gwarzo, by not prosecuting him on all the allegations levelled against him by government. It therefore charged […]
An Abuja Federal High Court presided over by Justice Ijeoma Ojukwu on Tuesday ordered that the sum of N397.6 million suspected to be pension funds illegally kept by suspected pension thieves in two commercial banks should be forfeited, in the interim, to the Federal Government. According to the details of the lodgments, the two banks […]
A coalition of civil society organizations under the aegis of the Civil Society Network Against Corruption (CSNAC) has asked the Economic and Financial Crimes Commission (EFCC) to begin probe of the alleged N100 billion tax evasion and money laundering levelled against Alpha Beta Consulting Ltd., Alpha Beta LLP and Ocean Trust Ltd. A former Managing […]
A taxpayer, Chief Godwin Obla, has described the invitation sent to him by the Economic and Financial Crimes Commission (EFCC) over alleged tax default as unlawful. Obla, who is a Senior Advocate of Nigeria (SAN), had in a letter dated October 2, 2018 sent by his legal counsel, Dr Joshua Musa (SAN), to the EFCC […]
The Nigerian Governors Forum (NGF) has described Economic and Financial Crimes Commission’s (EFCC’s) purported freezing of Benue State Government accounts as unwarranted and totally unconstitutional. The Chairman of the Forum, Gov. Abdulaziz Yari, expressed the governors’ position while chatting with State House correspondents after a closed door meeting with Acting President Yemi Osinbajo on Wednesday […]
The management teams of the Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have indicated their readiness to deepen and strengthen their collaboration to track both individuals and organisations that refused to pay the right taxes. A statement by FIRS’ Head, Communications and Servicom Department, Wahab Gbadamosi, on the agencies’ […]