• Apart from returing stolen funds, looters must be jailed – Emir Sanusi

    Apart from returing stolen funds, looters must be jailed – Emir Sanusi

    The Emir of Kano, HRH Muhammadu Sanusi II, on Wednesday said all treasury looters should be punished after their loot have been recovered by the federal government.

    He opposed views that FG should just recover money, stressing that jailing looters will serve as a deterrent to government officials.

    According to him, officials should be jailed even if they helped someone else make money illegally.

    He also commended the government for the deregulation of the oil industry and the liberalization of the foreign exchange […]

  • EFCC to go after owners of properties bought with stolen funds

    EFCC to go after owners of properties bought with stolen funds

    Those who buy properties acquired with proceeds from stolen funds may not be spared in the anti-corruption war as the Economic and Financial Crimes Commission (EFCC) has vowed to go after them.

    The commission has also spoken of plans to go after people who help criminals to escape justice.Acting Chairman of EFCC, Ibrahim Magu, who spoke yesterday at the opening of a one-day workshop organized by the Nigerian Bar Association (NBA), in collaboration with the Presidential Advisory Committee against Corruption in […]

  • President Buhari shares update on where our stolen funds are kept

    President Buhari shares update on where our stolen funds are kept

    President Muhammadu Buhari said his government has upped efforts to recover looted Nigerian funds by identifying banks, financial institutions and countries in which payments for stolen Nigerian crude oil have been deposited.

    The president said this at the Presidential Villa in Abuja yesterday while receiving visiting United States congressmen led by Rep. Darrel Issa.

    A statement by the special adviser to the president on media and publicity Mr Femi Adesina, quoted Buhari as saying that some of the looted funds were paid […]

  • Buhari – I will recover stolen funds under Jonathan’s Government

    Buhari – I will recover stolen funds under Jonathan’s Government

    President Muhammadu Buhari on Tuesday said officials of the recent past government abandoned all financial and administrative instructions put in place in parastatals and agencies, thereby throwing the country into financial crisis. He regretted that the impunity, lack of accountability and financial recklessness in the management of national resources which were the order of the day under the past administration have thrown the country into a situation that is worse than what happened in the Second Republic. He promised that […]