Tag Archives: funds
Eti-Osa Residents Ask Lagos Assembly to Suspend LCDA Chairman, John Ogundare Over Alleged N1.9 Billion Misappropriation
Residents of Eti-Osa East Local Council Development Area (LCDA) on Thursday staged a protest at the Lagos State House of Assembly complex over John Ogundare, the council chairman’s alleged misappropriation of N1.9 billion. About 500 protesters carried placards with various
Creative Industry Gets New Lease of Life With N5bn Funds – Heritage Bank
…As winner of Ynspyre Account online giveaway received N1m Entertainment and creative sector is about to receive a huge boost, as Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has arranged to set aside N5billion as a support funds
$500m Abacha Loot Reportedly Goes Missing
$500 million recovered from the slush accounts of Sani Abacha in foreign countries during the Goodluck Jonathan administration has disappeared, The Nation reports. The money was reportedly released to the Nigerian government after negotiations with foreign governments, the agreements including
Andrew Yakubu Moves to Get back the $9.7million & £74,000 Seized from Him
Andrew Yakubu, the former managing director of the Nigerian National Petroleum Corporation (NNPC), whose “gift” of $9.7million and £74,000 was hidden in a nondescript house in Sabon Tasha in Kaduna city, has launched a move to have the seized money
Jonathan’s Campaign Funds: EFCC to Charge Falae with money Laundering
The Economic and Financial Crimes Commission is set to arraign a former Secretary to the Government of the Federation, Chief Olu Falae, for allegedly receiving N100m from the Goodluck Jonathan Campaign Organisation during the 2015 General Elections. The N100m, which
EFCC Grills Nenadi Usman over N23bn Diezani Bribe
The Economic and Financial Crimes Commission has quizzed the Director of Finance of the Goodluck Jonathan Organisation, Senator Nenadi Usman, for her alleged role in the N23bn ($115m) allegedly shared by the then Minister of Petroleum Resources, Diezani Alison-Madueke, during
