• ICPC quizzes Ex-Akwa Ibom council chair over alleged diversion of N500m

    ICPC quizzes Ex-Akwa Ibom council chair over alleged diversion of N500m

    In line with the anti-corruption stance of the Federal Government, the Independent Corrupt Practices (and other related offences) Commission (ICPC) has commenced investigation into the management of appropriated funds at the Local Government level in Akwa Ibom State.

    Following a petition to the anti-graft agency by political stakeholders and civil society groups in Esit Eket Local Government Area of the State, it was gathered the tenure of Deacon Ibanga Etang, who chaired the Council between 2011 and 2015.

    The petitioners drawn from […]

  • Police nab 5 over alleged diversion, theft of pharmaceutical products

    Police nab 5 over alleged diversion, theft of pharmaceutical products

    According to reports, the Police Area Command, Aba, Abia state has arrested 5 suspects for allegedly diverting a truck conveying pharmaceutical products to some cities in the South East zone.

    Parading the suspects identified as Joseph Iro, Emeka Iro, Okechukwu Nlewem, John Okeke and Damian Okuta, in Aba, Police Commissioner, Abia state, Leye Oyebade, said the truck with Registration number, SR 511 SA, with green head and white body, left Lagos to deliver some pharmaceutical products to customers of Fidson Company […]

  • Ekiti’s N4bn hangs in UBEC due to diversion of N850m in 2012, says Fayose

    Ekiti’s N4bn hangs in UBEC due to diversion of N850m in 2012, says Fayose

    According to reports, the Ekiti State Governor, Ayodele Fayose, has said the state cannot access over N4 billion from the ‎Universal Basic Education Commission in Abuja because of the diversion of N850 million by the previous administration in 2012.

    Fayose said the diversion led to the suspension of the state from UBEC activities, leading to the State Universal Basic Education Board lacking resources to execute its projects.

    He stated this during a meeting with members and leaders of the Ekiti State chapter […]

  • Alleged Diversion of $7 billion: Soludo hits back at Falana

    Alleged Diversion of $7 billion: Soludo hits back at Falana

    A former governor of the Central Bank of Nigeria, Chukwuma Soludo, hit back Saturday after a senior Nigerian lawyer, Femi Falana, accused him of unlawfully “doling” $7 billion of Nigeria’s reserves to banks as loan.

    Mr. Falana said the amount was never recovered.

    The former CBN chief dismissed the allegation as “ignorant” and “blatant lies”, and demanded evidence or an apology.

    “I largely ignore such ignorant commentaries,” he said in a statement. “However, Femi Falana is one of the Nigerians I deeply respect, […]

  • EFCC declares former governor wanted over diversion of fund, others

    EFCC declares former governor wanted over diversion of fund, others

    According to reports, the Economic and Financial Crimes Commission (EFCC) on Wednesday declared a former governor of Katsina state Ibrahim Shema wanted over diversion of fund, embezzlement amongst others.

    In a statement released by its Head of Media and Publicity, Wilson Uwujaren, the Commission said, “The former governor is wanted in connection with a case of criminal conspiracy, inflation of contract, abuse of office, diversion of funds, and embezzlement running into billions of naira.”

    The statement further read, “The former governor ignored […]

  • Orubebe, others get N50m bail over alleged diversion of N2.3bn

    Orubebe, others get N50m bail over alleged diversion of N2.3bn

    A High Court of the Federal Capital Territory (FCT) in Maitama, Abuja has granted bail at N50million to former Minister of Niger Delta Affairs, Godsday Orubebe, and two others arraigned before it Wednesday morning.

    Godsday Orubebe, Oludare Lawrence Alaba an Assistant Director, Ministry of Niger Delta Affiars), Ephraim Tewolde Zeri (Director of Contracts in Gitto Costruzioni Generali Nigeria Limited) and the company were arraigned on a six-count charge marked: CR/265/2016.

    They are, in the charge filed by the Independent Corrupt Practices and […]

  • Police soft-pedals on black-marketer, targets culprits in fuel hoarding, diversion

    Police soft-pedals on black-marketer, targets culprits in fuel hoarding, diversion

    The Nigeria Police Force has rescinded its decision to crackdown on black marketers in its ongoing efforts to contain the activities of unscrupulous elements who engage in illegal sale of petroleum products.

    Rather than go after those buying and selling the Premium Motor Spirit, PMS, otherwise called petrol in jerry cans, the polices it will now target those who are involved in hoarding and diverting the petroleum products.

    A statement by Olabisi Kolawole, an Assistant Commissioner of Police and Force Public Relations […]