Economic and Financial Crimes Commission (EFCC) detectives have revealed how N2.8billion meant for the training of ex-Niger Delta militants was withdrawn 35 times, allegedly on the orders of a former Coordinator of the Presidential Amnesty Programme, Kingsley Kuku.
The funds were converted to dollars by six bureau de change and disbursed through two of Kuku’s two aides. Some of the funds were wired into the accounts of the brothers and associates of a former coordinator of the scheme, Dr. Kingsley Kuku […]
A Prosecution witness in the trial of Mahmud Deji Sambo and Bukar Musti, both former staff of the Department of Finance and Accounts, University of Maiduguri Teaching Hospital (UMTH), has told Justice M. T. Salihu of the Federal High Court sitting in Maiduguri, Borno State, that the accused persons diverted N148 million from the coffers of UMTH using names of non-existent workers as conduit pipes.
The Economic and Financial Crimes Commission (EFCC) are prosecuting Sambo and Musti, who are former Assistant […]
According to reports, the Katsina State Government has presented a memo before the Katsina State Judicial Commission of Inquiry alleging diversion of N8.6bn by immediate past governor, Alhaji Ibrahim Shema, and other top officials.
Counsel to the commission, Mr. Hassan Liman, SAN, stated this on Monday during the sitting of the commission.
Liman said the amount was diverted from the accounts of the Ministry of Environment, Department of Community Development, Special Duties, Girl-child Education and the Department of Almajirai Affairs.
He explained that […]
According to reports, the Senate Thursday ordered the refund of N263,931,254,708.51 billion allegedly diverted from the Tertiary Education Trust Fund (TETFUND) by the Federal Government.
The decision follows a revelation of mismanagement of funds in the education sector between 2011 and 2015 when TETFUND allegedly lent to other government departments, contrary to the law establishing the agency.
The Chairman of the Committee on Education, Senator Barau Jibrin (APC, Kano North), while presenting the report of his panel on the floor of the […]
Senate Leader, Ali Ndume, on Saturday claimed that 100 trucks of grains meant for to Internally Displaced Persons in the North East were diverted during the regime of former President Goodluck Jonthan.
Ndume made the assertion in Maiduguri while handing over grains to Borno Government for the IDPs, supplied to the state by the Federal Government.
He alleged the 100 trucks were diverted by the same contractor who also cornered 31 trucks of grains meant for IDPs since April.
The senate leader said […]
A banker, Teslim Ajuwon, on Tuesday narrated to a Federal High Court in Lagos how a former Director-General of the Nigerian Maritime Administration and Safety Agency, Patrick Akpobolokemi, and a Major General in the Nigerian Army, Emmanuel Atewe, allegedly connived to siphon N1.8bn from the coffers of NIMASA within two week in the month of September 2014.
Atewe, now retired, was the then Commander of the military Joint Task Force, Operation Pulo Shield, in the Niger Delta.
Ajuwon appeared in court as […]
Kogi State government says it has recovered 25 million Naira ($82,236) out of the 230 million Naira ($757,000) pension funds diverted into private pockets by some individuals in the pension office.
The government said another 12.7 million Naira from the College of Education Technical in Kabba has been traced and recovered from the Albarka Cooperative Society.
The Local Government Auditor General in the state, Mr Ahmed Ododo, hinted Channels Television about the recovered monies in an exclusive interview.
He reiterated the state government’s […]
Nigerian ports have lost a whopping N600 billion in the last three years due to diversion in the importation of vehicles from the nation’s ports to neighbouring ports, especially the Cotonou port in the Republic of Benin findings have revealed.
This figure is said to be the value of the revenue that ought to have been collected by the Nigeria Customs Service (NCS) if the vehicles were shipped directly to Nigerian ports.
This is even as activities at the terminals designated for […]
The sacked chairman of the House of Representatives Committee on Appropriation, Abdulmumin Jibrin, has revealed how principal officers of the House allegedly diverted various sums of money.
According to him, Speaker Yakubu Dogara and other House leaders allegedly diverted over N10b meant for the personal running cost of members. This is coming as members have taken their war to the telecommunication sphere.
Jibrin said the running cost was not part of the salaries of the lawmakers, and therefore wants the anti-corruption agencies […]