Obasanjo reveals amount of money stolen by politicians yearly

Obasanjo reveals amount of money stolen by politicians yearly

Obasanjo reveals amount of money stolen by politicians yearly Former President Olusegun Obasanjo has revealed that political leaders and other key players in both public and private sectors in Africa launder the sum of $50 billion every year. The former President spoke at the 1st Annual Nigeria Anti Fraud Conference organised in Abeokuta by the Association of Certified Fraud Examiners, ACFE, Lagos, Nigeria Chapter.   The ex-Presiddent said that the increasing smuggling of such funds meant for socio-economic growth and development of African continent is now giving African leaders, past…

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Recovered $43m: Court orders temporary forfeiture of Ikoyi flat

Recovered $43m: Court orders temporary forfeiture of Ikoyi flat

Recovered $43m: Court orders temporary forfeiture of Ikoyi flat Justice Saliu Saidu of the Federal High Court, Lagos has ordered the temporary forfeiture of Flat 7B Osborne Towers, Ikoyi, Lagos, where the sums of $43,449,947, £27,800 and N23,218,000 were discovered  in iron cabinets and “Ghana-must-go” bags in April. The money is said to belong to the Nigeria Intelligence Agency (NIA). The court ordered the forfeiture of the building to the Federal Government yesterday following an ex parte application by the Economic and Financial Crimes Commission (EFCC). On June 7, Justice Muslim…

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IPOB Speaks Ahead Of Anambra Election

IPOB Speaks Ahead Of Anambra Election

IPOB Speaks Ahead Of Anambra Election Following calls by some agitators, particularly the indigenous people of Biafra (IPOB) urging people in Anambra State to boycott the November 18th election, Biafra Nations Youth League, BNYL, has said that it wants no bloodshed on the election day. BNYL Leader, Princewill Obuka said the group has no plans to directly or indirectly interfere in the exercise, “as we recognize the right to vote or boycott”. Obuka said the group is equally not against some agitators boycott ideology/ “We know boycott is another form…

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