Tag: loots

Recovered loots not enough to stop foreign borrowings – FG

The Federal Government on Thursday said the recovered loots from corrupt individuals were not enough to stop the country from borrowing. Senior Special Adviser on Media and Publicity to the…

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We have recovered $43m from Diezani – Magu

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu on Wednesday said the agency has recovered $2.9 billion between May 2015 and October 2017. While speaking at the ongoing 7th…

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How corrupt officials are diverting loots to accounts without BVN – EFCC

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) had said some banks are aiding corrupt officials to run accounts without Bank Verification Numbers. Magu said this on…

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We have reached out to the US on repatriation of loots – Osinbajo

Vice President Yemi Osinbajo on Monday said the Federal Government has reached out to the United States government to assist with the repatriation of stolen funds. In a statement by his…

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Releasing names of looters will slow down anti-corruption war – Lai Mohammed

Minister of Information, Lai Mohammed has said releasing the names of some looters, as ordered by a court, would slow down the anti-graft war. Mohammed said this on Sunday while…

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The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. $2.1bn arms deal: ‘Ex-Air chief’s son forfeits 20 cars’ The son of a former Chief of Air Staff, who is facing…

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Stealing public funds too easy, recovery difficult – Adeosun

Minister of Finance, Kemi Adeosun has said looting the treasury was too easy while discovering and repatriating them takes years. The minister spoke in Abuja on Tuesday, the second day…

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We are working on 2,500 tips from whistle-blowers – Adeosun

by Azeez Adeniyi Minister of Finance, Kemi Adeosun has said the Federal Government has more than 2,500 tips that could lead to loot recovery and blocking of leakages. Adeosun said…

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Recovered loot cannot revive the economy – Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed on Friday said loot recovered by the anti-graft agencies are not enough to revive the country's dying economy. Mohammed said this…

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