Tag: Corruption

World Bank blacklists 18 Nigerian firms, individuals for corruption

Aminu Imam

A list of debarred individuals and firms was presented in a new annual report, titled: ‘World Bank Group Sanctions System FY21‘. The debarments were made by the World Bank Sanctions Board, World Bank Chief Suspension and Debarment Officer and the African Development Bank, (AfDB). The debarments made by AfDB were recognised by World Bank, making the affected firms to be barred under the cross-debarment policy. Based on the World Bank Sanctions Boards decision, Mr. Elie Abou Ghazaleh and Mr. Fadi Abou Ghazaleh, alongside their firm, Abou Ghazaleh Contracting Nigeria Limited,…

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N84bn misappropriated within 4yrs by NSITF – Senate

Aminu Imam

The Senate yesterday accused the management of Nigeria Social Insurance Trust Fund, (NSITF), of diverting about N84 billion within four years. The Upper Chamber of the National Assembly said it arrived at the conclusion following the outcome of its investigation arising from 12 out of 50 queries involving financial impropriety by the Commission. The Chairman, Senate Committee on Public Accounts, Senator Mathew Urhoghide, who made this disclosure, said the agency is a cesspool of corruption. Urhoghide said that it is just unfortunate that in the place of four years, they…

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Corruption: Nigeria needs a Rawlings now – NDP

Ishaku Yohanna

National Chairman of the National Democratic Party (NDP), Chidi Chukwuanyi, says the state of corruption in the country calls for the replication of the Ghanaian experience under former President Jerry Rawlings in Nigeria. Rawlings,  known for his no-nonsense position against corruption, executed Ghanas past leaders accused of corrupt enrichment. The NDP chairman in an exclusive interview with Sunday Tribune said politicians who have been stealing the commonwealth and frittering same should be put in where they belong to allow the country and its people move forward. He decried a situation…

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