The Senate ad hoc committee on Saturday summoned the Attorney-General of the Federation and Minister of Justice, Abubakar Malami; the Minister of Interior, retired Lieutenant General Abdulrahman Dambazau; and others to appear before it on April 6. The Senate Ad Hoc Committee on Alleged Misuse, Under Remittance and other Fraudulent Activities in Collection, Remittance and Expenditure of Internally Generated Revenue by MDAs, invited the duo for briefing over their involvement
Banks have placed their workers under close watch following intense pressure by ‘big’ customers on majority shareholders and directors to monitor overzealous staff eager to take advantage of the whistle blowing initiative of the federal government. Account Officers from different banks told our correspondent the development was to prevent them from squealing on classified accounts by perceived looters and corrupt government officials. One of them, who confirmed the
Sabi Abdullahi, senate spokesman, says the upper legislative chamber has been vindicated in its rejection of the nomination of Ibrahim Magu as the chairman of the Economic and Financial Crimes Commission (EFCC). Abdullahi was reacting to a leaked security report on Magu, which the Department of State Services (DSS) sent to the attorney-general of the federation (AGF).
The Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Baru, has set machinery in motion to recover the sum of $25,000,000.00 million as unpaid debts from fraudulent crude oil allocations to two Nigerian oil marketing companies. The companies are Aiteo owned by Mr. Ben Peters and Ontario owned by the jailed Walter Wagbatsoma. Baru, our correspondent gathered has been told by President Muhammad Buhari to recover every penny owned the Corporation by local and foreign oil firms using every available means. A top Presidency source told
The ministry of finance says it has so far received 2,351 tips from whistleblowers, on cases bordering on embezzlement of government funds, looting of assets, contract inflation, among others. In a statement signed by Festus Akanbi, special adviser, media to Kemi Adeosun, minister of finance, said the tips came via text messages, calls, email and forms filled on the ministry’s website. “We have received