• MTN’s repatriated $13.9bn can pull Nigeria out of recession, says Saraki

    MTN’s repatriated $13.9bn can pull Nigeria out of recession, says Saraki

    According to reports, the President of the Senate, Dr Bukola Saraki said on Thursday that the $13.9bn allegedly repatriated by MTN Nigeria was enough to pull the country out of recession.

    Saraki disclosed this while opening the legislative hearing on the alleged repatriation of the funds by MTN, nation’s giant telecoms provider, in connivance with some Nigerian banks and individuals.

    The investigative hearing is being conducted by the Senate Committee on Banking, Insurance and Other Financial Institutions.

    The President of the Senate, who […]

  • Why Alison-Madueke is not yet repatriated – EFCC explains

    Why Alison-Madueke is not yet repatriated – EFCC explains

    From the Economic and Financial Crimes Commission (EFCC) has come a clarification why former Minister of Petroleum Resources, Diezani Alison-Madueke, has not been repatriated to face the corruption allegation preferred against her.

    According to the anti-graft agency, it is waiting for the conclusion of the corruption case she is facing in the United Kingdom (UK), before she would be extradited to answer for the alleged $115 billion election campaign scam for which many prominent Nigerians are being investigated.

    Those that have been […]