Uncovers

Nigeria’s EFCC Uncovers Fraud In Management Of Recovered Abacha Loot, COVID-19 Funds, World Bank Loan By Humanitarian Ministry

8 months ago1013 min

Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission, (EFCC) says it has uncovered other fraudulent dealings involving COVID-19 funds, the World Bank loan, and recovered funds looted by the late dictator, Sani Abacha. EFCC said the funds were released to the Ministry of Humanitarian Affairs, Disaster Management and Social Development by the Federal Government to execute its poverty alleviation mandate. The anti-graft agency said this in a statement released on Sunday, signed by its...

by Probitas

News

Senate Uncovers Several Infractions In N30trillion Ways And Means Loans Under Buhari, Summons Central Bank Ex-Gov Emefiele

9 months ago1044 min

The upper legislative chamber of the National Assembly, the Senate is set to summon the former Governor of the Central Bank of Nigeria, Godwin Emefiele, over 13 infractions uncovered in the process of obtaining the N30 trillion Ways and Means loan during the administration of former President Muhammadu Buhari. The Senate ad hoc committee probing the disbursement and usage of the Ways and Means loan, which disclosed this on Tuesday, during a meeting with the...

by Probitas

News

EXCLUSIVE: National Steel Council Uncovers ‘Over N1Billion Fraud’, Asks Nigeria’s Steel Development Minister To Suspend Executive Secretary, Musafari Pending Probe Conclusion

9 months ago8713 min

The National Steel Council (NSC) in Abuja has informed Minister of Steel Development, Shuaibu Abubakar Audu, of an alleged over N1 billion fraud that it linked to its Executive Secretary, Ambassador Abdulqadir Musafari. The council, in a March 15, 2024 letter, told the minister that Musafari had allegedly “failed, refused and/or neglected to avail the Council of any information concerning his activities on behalf of the council, if duly authorized.” It advised that the Executive...