Tag: Corruption Cases

₦1.38tr, $53.84bn, £1m allegedly stolen in 100 high-profile corruption cases – Report

Aminu Imam
HEDA Report

A new report by the Human and Environmental Development Agenda (HEDA) Resource Centre has revealed the vast scale of corruption in Nigeria, documenting 100 high-profile cases involving public officials and private individuals. According to the compendium, allegedly stolen amounts are reported in multiple currencies: ₦1.387 trillion, $53.84 billion, and £1 million. The report, unveiled on Tuesday by the HEDA Resource Centre in Lagos, referenced pending court cases involving former governors, ministers, senators, and other public officials accused of fraud, money laundering, embezzlement, and abuse of office. According to the report,…

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Graft: “For every N10 we recovered, more than N50 was stolen” – EFCC boss

Aminu Imam
EFCC boss on graft

Chairman of the Economic and Financial Crimes Commission, (EFCC), Ola Olukoyede, has that for every N10 recovered by the anti-graft agency, more than N50 has been stolen. The EFCC boss, who stated this on Wednesday  after he was conferred with the Man of Valour Award by Global Peace Movement International, (GPMI), an international organisation with presence in 27 countries, added that for any N10 to be recovered, the Commission will need approximately N2.50k. Spokesperson for the anti-graft Commission, Dele Oyewale, in an issued statement, said two other awards, ‘Winner’ and…

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Corruption Cases: Tinubu presidency has disgraceful track record of transparency – Atiku

Aminu Imam

Nigerian opposition party leader, Atiku Abubakar, has said that President Bola Tinubus administration has a disgraceful track record of shunning transparency in corruption cases. Abubakar, a former vice-president between 1999-2023, lashed out at Tinubus government in an issued statement on Thursday, while reacting to the recent allegations of budget padding totalling N3 trillion by the Senate. The current Federal Government has a disgraceful track record of ignoring issues of transparency and due process in public administration, said Abubakar, adding that, The unresolved $3.3 billion NNPCL loan repayment scandal, with Nigeria…

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Corruption at States’ level to blame for flooding across Nigeria, says Islamic cleric

Aminu Imam

The Imam ofAl-HabibiyyahIslamic Society, Fuad Adeyemi, has asserted that corruption is at the bedrock of flooding, which devastated many states in the country in 2022. The declaration was made in Birnin-Kebbi yesterday by the cleric at a one-day capacity-strengthening workshop for Imams and Islamic scholars on the need to join in the anti-corruption crusade. According to him, if most States affected by the floods had deployed the Ecological Fund” allocated to them regularly by the Federal Government to address environmental concerns, the effect would have been minimised. Adeyemi expressed regret…

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Corruption Cases: Crisis in CCB as commissioners accuse Chairman of blocking investigations

Aminu Imam

Crisis is currently rocking the Code of Conduct Bureau (CCB) as commissioners in the agency have accused their chairman, Professor Mohammed Isah, of blocking investigation of alleged corrupt persons that are politically exposed. CCB is supposed to fight corruption within the public service system through scrutiny of assets declaration forms of civil and public service officers, but a can of worms has been opened over alleged corrupt practices being covered by the chairman of the bureau. Prof. Mohammed Isah, was openly accused by all the six federal commissioners running the…

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Corruption: For bribing NNPC officials, others, US keeps Glencore $1.2bn fine

Aminu Imam

The United States (US) has fined Swiss-based oil trader, Glencore, the sum of $1.2 billion as a penalty for bribes paid to corrupt officials in Nigeria and other countries, in a move that rewards a country that suffered no damage from the companys crime. Glencore routinely gets awarded crude lifting contracts by the Nigerian National Petroleum Company Ltd., (NNPC). Following prolonged investigations by Brazil, the United Kingdom, and the United States, two Glencore subsidiaries pleaded guilty on May 24 to multiple charges of market manipulation and bribery, including corruption related…

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Corruption: Nigerian leaders looted $440bn dollars in 56 yrs – APC chieftain

Aminu Imam

Former presidential candidate of the Peoples Trust Party, (PTP), Gbenga Olawepo Hashim, who later decamped to the ruling All Progressive Congress (APC), has said that a total of $440bn have been looted by corrupt Nigerian leaders since 1966. Hashim, however, added that First Republic leaders were not among those corrupt leaders because, according to him, they lived austere lives and they were saints. Hashim was the Guest Speaker during an occasion, on the topic: Uthman Dan Fodio: A legacy of Anti-Corruption, organised by Arewa House, Kaduna. He noted that the…

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“Corruption now worse than it was under me” – Former military president Babangida

Aminu Imam
Former President Ibrahim Badamasi Babangida

Says politicians responsible for disunity in Nigeria Former military president, General Ibrahim Badamasi Babangida, (rtd), a.k.a IBB, has said that the corruption index in the country is worse and more pervasive at the moment than his time in power. He said they were saints when compared to the people in power now. He said: You cant compare it with the facts on the ground now. From what I read, from the analyses, I think we are saints when compared to what is happening under a democratic dispensation. I sacked a…

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NDDC, EFCC, NSITF Corruption Cases: Buhari frowns at planned mass protest by Labour

Ishaku Yohanna

The Presidency has frowned at the reported plan by the Trade Union Congress, TUC, to embark on a nationwide protest over the alleged President Buharis inaction over the high-level of corruption uncovered at some Federal Governments commissions. It would recalled that both the Executive and Legislative arms are currently investigating alleged cases of misconduct at the Niger Delta Development Agency, NDDC, the Nigeria Social Insurance Trust Fund, NSITF, and the Economic and Financial Crime Commission, EFCC. Garba Shehu, the Presidents Senior Special Assistant on Media and Publicity in a statement…

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NDDC, EFCC, NSITF Corruption Cases: Labour tells Nigerians to prepare for nationwide protest

Ishaku Yohanna

Angered by the inaction of President Muhammadu Buhari and the anti-corruption agencies over the high-level of corruption uncovered at the Niger Delta Development Agency (NDDC), the Nigeria Social Insurance Trust Fund (NSITF) and the Economic and Financial Crime Commission (EFCC), labour has resolved to embark on a nationwide protest by next week. Speaking during a media chat with journalists in Abuja over the weekend, the President of Trade Union Congress (TUC), Comrade Quadri Olaleye, has, therefore, called on all workers and Nigerians to prepare for a nationwide protest over unresolved…

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