Tag: money launderingTag: <span>money laundering</span>

Opinion: Is homosexuality Nigeria’s biggest problem now?

by Moyo Salvador President Goodluck Jonathan has finally signed off on a bill to criminalize homosexuality with an attendant 14 year sentence for defaulters.  A large number of Nigerians have…

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PHOTO: Tinubu visits Magnus Abe in London hospital

Bola Ahmed Tinubu, National Leader of the APC and Rotimi Amaechi by Akan Ido Leader of the opposition All Progressives Congress (APC), Senator Bola Ahmed Tinubu has visited the recuperating…

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WATCH: This is how the ‘Save Rivers’ rally got disrupted by police

by Adeola Balogun Reports were made earlier today as to how police officers in Rivers disrupted a rally organized by the All Progressives Congress. The "Save Rivers" rally was due…

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‘It’s not true, Magnus Abe was not shot’ – Police deny shooting senator

by Oge Okonkwo The Rivers State Police Command has denied allegations that an operative shot and wounded a member of the  National Assembly, Magnus Abe. The command made this  statement through…

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It gets worse: Obasanjo withdraws from PDP, writes Jonathan, Tukur (READ)

by Oke Efagene Former President of Nigeria, Olusegun Obasanjo, has written a letter to the National Chairman of the Peoples Democratic Party (PDP), Bamanga Tukur, in which he gave notice…

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‘They are all fake’: Billionaire businesswoman, Folorunsho Alakija denies governorship aspiration

by Oge Okonkwo One of Africa's richest women Folorunsho Alakija has denied reports that she is joining the gubernatorial race for the next governor of Lagos state in 2015. There…

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Okey Ikechukwu: Those who call 1914 a mistake are mixing things up badly

by Okey Ikechukwu No one cried foul over Awo’s politics in the South West before he engineered Zik’s ouster using ethnic solidarity. Before then he was aware of himself as…

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Gov. Lamido’s sons: Detained bankers freed after money laundering investigation

by Akintomiwa Agbaje Senior bank officials in connection with the alleged laundering of N10billion by the two sons of Jigawa State governor Sule Lamido and their companies, have been freed…

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State of the Nation: Impeach Jonathan now – APC tells National Assembly

by Akintomiwa Agbaje Redemption appears to be a distant dream for the Goodluck Jonathan administration as the All Progressives Congress (APC) have refused to give it a breathing space. According…

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VIDEO – “We Steal Because You Never Stoned Us for It”- Rivers Governor, Rotimi Amaechi

by Akintomiwa Agbaje In an amazing turn of events, the Rivers State Governor, Rotimi Amaechi said ''We have stolen billions of dollars, what did you do?'' emphasizing that the reason…

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My name is no more Patience but now ‘Mama Peace’ – First Lady

by Akintomiwa Agbaje The first lady has found a new name for herself. Patience Jonathan, the First Lady of Nigeria boldy declared that she be no longer called Patience but…

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No political party can use us – ASUU

by Akintomiwa Agbaje Academic Staff Union of Universities [ASUU] has reiterated that it would resist every attempts made by any political party to use their name or situations to achieve…

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Just In: ‘Bode George was wrongly convicted,’ says Supreme Court

  Bode George Two days after former President Olusegun Obasanjo accused President Goodluck Jonathan of condoning corruption, a panel of judges at the Supreme Court of Nigeria today quashed the…

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N19.2bn scam: Sylva’s re-arraignment adjourned till next year

by Akintomiwa Agbaje Timipre Sylva The re-trial of the former governor of Bayelsa state, Timpriye Sylva that was to hold yesterday has been stalled. The Economic and Financial Crimes Commission…

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Reps move to legalize foreign accounts for president, govs, others

by Adeola Balogun The Nigerian House of Representatives is preparing to pass a law which will allow the president, the vice president and state governors among others to legally run…

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Banks threaten to shut down over detention of staff by DSS

by 'Jola Sotubo File photo According to reports, the Nigerian banking industry might be experiencing a shutdown soon if the Department of State Services (DSS) does not release the bankers…

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Reno Omokri: On money-laundering & Nigeria’s future, Femi Aribisala could do with some facts

by Reno Omokri Mr. Aribisala, did not provide any factual evidence for his claims which are quite puzzling as the world’s global financial institutions have affirmed their eagerness not only…

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‘What Ibori told me’: Ribadu gives evidence in London court as Oando wades into money laundering case

  by Adeola Balogun In response to claims by prosecutors in the United Kingdom that he is a major shareholder in oil company, Oando, former Delta State Governor James Ibori …

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Money laundering: How Akwa Ibom LG chairman was arrested by the US police (PICTURED)

by Oge Okonkwo The executive chairman of  Udim local government area of Akwa Ibom state, Nse Ntuen, has been arrested by the Maryland state police department, USA,  on Friday, for smuggling $82, 000…

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EFCC re-arraigns Lagos Speaker, PA for alleged money laundering

by Rachel Ogbu The Speaker of Lagos State House of Assembly, Adeyemi Ikuforiji and his personal assistant, Oyebode Atoyebi, have appeared before a Lagos Federal High Court again for suspected money…

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Money laundering: Customs intercept over N432million at Lagos airport

Murtala Muhammad Airport Command of the Nigeria Customs Service has intercepted $2.7m (about N432m) from five suspected money launderers while attempting to travel abroad. The Public Relations Officer of the…

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Get serious about corruption – U.S. tells GEJ (again)

by Isi Esene The United States has again reiterated its stand that the Nigerian government is not doing enough in its fight against corruption. In an editorial published on the…

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Former Governor Chimaroke Nnamani to appear in court again for money laundering

by Chi Ibe Former Governor of Enugu State, Chimaroke Nnamani, was re-arraigned before a Federal High Court Lagos earlier today in connection with money laundering, News Agency of Nigeria reports. The…

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Ibori spoils: Millionaire’s pad belonging to jailed former governor discovered in Lekki [DETAILS]

by Rachel Ogbu A luxury home in Lekki Lagos was recently identified as belonging to shamed former Delta State governor, James Ibori. Despite convicted in April 2012 and sentenced to a13-year jail…

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Tell us about it, sir: My son is not laundering money for me – Governor Lamido

  by Hauwa Gambo Well, that explains it. The governor of Jigawa, Sule Lamido  - whose son was arrested at the Aminu Kano Airport, Kano on Wednesday - has an…

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No retreat: EFCC operatives sneak into Wale Babalakin’s room to arrest him

by Isi Esene The siege laid on the businessman, Wale Babalakin, by security operatives at the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos seem not to be abating. Sources say…

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We have not arrested Babalakin, we’re just watching him – EFCC

by Akan Ido The Economic and Financial Crimes Commission has denied arresting businessman and chairman of Bi-Courtney Group, Wale Babalakin who is currently on admission at the Lagos State University…

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Money Laundering: Former Union Bank MD Barth Ebong, others charged by EFCC

by Rachel Ogbu The Economic and Financial Crimes Commission, EFCC, has re-arraigned former managing director of Union Bank Plc, Barthlomew Ebong and five other executives of Falcon Securities Limited, a…

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Money laundering: Gov. Ajimobi claims it has slammed N1bn suit on media outfit

by Isi Esene The Oyo State governor has a slammed a N1bn on the management of Independent Communications Network Limited over allegations of money laundering leveled against Florence Ajimobi, the…

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TICKER: FG to keep N276 million of the N1.1 billion found with man at airport – Court

A Federal High Court sitting in Lagos has ordered Tijjani Sherif, the man caught at the Murtala Mohammed International Airport, Lagos, while traveling with $7 million (about N1.1 billion) to…

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