stolen funds

No Stolen Funds or Scandals – Garba Shehu Affirms President Buhari’s Clean Slate

In a recent interview, Garba Shehu, the spokesman for President Muhammadu Buhari, vehemently stated that the Nigerian leader is untainted by scandal and does not operate any bank accounts associated with corrupt proceeds. Shehu defended the president’s integrity during his appearance on Channels Television’s Sunrise Daily program on Tuesday, emphasizing Buhari’s commitment to combating corruption... Read More

corruption, Garba Shehu, President Muhammadu Buhari, scandals, spokesman, stolen funds

September 13, 2017

Buhari will demand repatriation of stolen funds at UN Assembly – Onyeama

Minister of Foreign Affairs, Geoffrey Onyeama has said President Muhammadu Buhari will demand the repatriation of looted public funds back to Nigeria at the 72nd United Nations General Assembly, holding in New York. The Assembly will hold between September 12 and 25, 2017. Onyeama said the fight against corruption, repatriation of funds, terrorism and human rights protection are... Read More

Geoffrey Onyeama, President Muhammadu Buhari, Repatriation, repattiation, stolen funds, UN Assembly

August 29, 2017

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 Senior Special Assistant on Media and Publicity, Laolu Akande, the Vice President spoke during a visit of a US Congressional Delegation to the Presidential Villa,... Read More

.US, loots, repatrition, stolen funds, Yemi Osinbajo

Banks involved in transfer of stolen funds should be made to face consequences – Osinbajo

Acting President Yemi Osinbajo has called for the prosecution of international banking institutions aiding the laundering of stolen funds from the country. Osinbajo said the transfer of illicit funds abroad cannot have been possible with treasury looters having a partnership with banks. Osinbajo spoke in Abuja on Monday during the opening session of a three-day... Read More

anti-corruption wr, banks, consequences, EFCC, media trial, stolen funds, Yemi Osinbajo

Recovered funds will not be re-looted – Adeosun

by Azeez Adeniyi Minister of Finance, Kemi Adeosun has said stolen funds recovered by anti-graft agencies under the President Muhammadu Buhari administration will not be re-looted. Adeosun said this at a press conference on the World Bank, IMF meetings in Washington. Adeosun said the country now has a single account for reconciling recovered funds, to avoid... Read More

FG, kemi Adeosun, President Muhammadu Buhari, re-looted, stolen funds

We have put in place a very successful whistleblower programme | Adeosun tells IMF, World Bank, others

Minister of Finance, Kemi Adeosun has said the Federal Government’s whistleblower policy has been largely successful. Adeosun said this on Tuesday while speaking at the IMF Spring Meetings in Washington D.C. The minister urged African governments and the international communities to collaborate in order to check illicit financial flows (IFFs). “The government is focused on... Read More

corruption, IMF, kemi Adeosun, stolen funds, Whistleblower, World Bank

How looters are burying stolen funds in forests, burial grounds – FG

The Federal Government on Sunday said anti-corruption agencies have gathered information about how looters were burying stolen funds in forests and burial grounds. Minister of Information and Culture, Alhaji Lai Mohammed disclosed this in a statement issued on Sunday in Lagos. Mohammed said the whistleblower policy had led to the recovery of stolen funds in... Read More

burial grounds, burying, FG, forests, looters, stolen funds, Whistleblower

If you’re still scratching your head about the $50 million discovery, let me help you out a little bit

by Soma Oj. There’s absolutely nothing like a Nigerian scandal. Didn’t I say that we were going to move on so fast from that Malabu/GEJ scandal, Michelle Rodriguez won’t know what drove past her? [I’m not interested in the Malabu Oil Controversy and you shouldn’t be either] Was I right or was I right? Anyway,... Read More

Thinking Through

50 million, Adamu Mu'azu, EFCC, Femi Fani-Kayode, Lagos apartment, stolen funds

Frozen N75m in Ozekhome’s account, part of Dasuki’s loot – EFCC

The Economic and Financial Crimes Commission on Thursday prayed the Federal High Court sitting in Lagos to sustain the freezing order on the Guaranty Trust Bank account of Chief Mike Ozekhome (SAN) containing N75m. The agency alleged that the frozen funds was part of the alleged share of Ekiti governor, Ayodele Fayose from the N2.26bn... Read More

arms deal, Ayodele Fayose, EFCC, loot, Mike Ozekhome, Sambo Dasiki, stolen funds

September 23, 2016

Take legal action against countries who won’t return loots, Falana tells Buhari

Human rights lawyer, Femi Falana on Thursday told President Muhammadu Buhari to stop begging western countries to return the country’s stolen funds. He said the countries are using the funds for their development, stating that they would not repatriate the funds. He urged the president to take legal actions against such countries. Falana said, “Finally,... Read More

Femi Falan, legal action, President Muhammadu Buhari, stolen funds, United Nations

September 22, 2016

We want our stolen money back, Buhari tells Switzerland President

President Muhaamdu Buhari has told his Swiss counterpart, Johann Schneider-Ammann to release the country’s funds which were stashed away in the European country. According to a statement by the President’s spokesperson, Femi Adesina, Buhari said this during a bilateral meeting with the Swiss president at the sidelines of the 71st UN General Assembly in New... Read More

Johann Schneider-Ammann, President Muhanmadu Buhari, stolen funds, Switzerland

January 21, 2016

Britain to return Nigeria’s stolen funds stashed in British banks… but there’s a catch

Paul Awkright, the British High Commissioner to Nigeria has expressed the readiness of the British government to return looted funds stashed in British Banks, to Nigeria. While speaking to journalists in Kano on Wednesday, January 20, Awkright said that “what is of utmost concern to British government is how the repatriated funds will be utilized”... Read More

Britain, nigeria, stolen funds

December 11, 2015

Why we can’t yet release names of people returning stolen funds – Buhari

Following the skepticism that trailed his revelation that some looters of the nation’s treasury have started returning what was pilfered from the coffers, President Muhammadu Buhari has given further insight into the process. Buhari says the identities of the former government officials, can’t yet be revealed due to strategic considerations. The President explains that revealing... Read More

Featured, The News Blog

looters, names, president buhari, stolen funds

November 27, 2015

‘Recover stolen funds, reveal the thieves and prosecute them’ | An advice for Buhari

President Muhammadu Buhari has been accused of making life easy for corrupt government officials in the last administration, by recovering looted funds from them without prosecuting them. Reacting to the President’s statement during his recent visit to Iran, elder statesman, Tunji Braithwaite, said it wasn’t enough to just recover the monies looted from the nation’s... Read More

Featured, The News Blog

looters, president buhari, prosecution, recover, stolen funds, Tunji Braithwaite

N1.3tr discovered as stolen Nigerian monies are being traced

The Federal Government has begun the process of tracing stolen Nigerian funds and recovering them from foreign nations where they are stashed. The main countries where the past corrupt officials are believed to have stashed these funds are; United States, the United Kingdom, France, Switzerland and other European nations. The Special Adviser on Media and Publicity, Femi... Read More

nigeria, president buhari, recovering, stolen funds, tracing

US will help Nigeria recover and repatriate stolen funds – Buhari

President Muhammadu Buhari has disclosed that the United States and other countries, have agreed to support and assist his administration in the recovery and repatriation of stolen funds from Nigeria. A statement put out by his Special Adviser on Media and Publicity, Femi Adesina, quoted the President as saying this while granting audience to members of the... Read More

nigeria, president buhari, stolen funds, united states

US freezes $458 million stolen by centenary award winning dictator, Sani Abacha

by ‘Jola Sotubo In a seemingly unending chase, more public funds embezzled by the former Nigerian dictator, Sani Abacha, have been recovered by the United States government and frozen. The US is said to have stated yesterday that it had discovered the funds which were stashed away by Abacha and his accomplices in European accounts.... Read More

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