This was disclosed by the Managing Director of the NSIA, Uche Orji, during a virtual meeting with newsmen to discuss the Authority’s 2019 financial statement
Browsing: Abacha loot
The US Embassy in Nigeria said this in a statement on Wednesday
Malami, in a statement on Wednesday, said such persons should “bury their heads in shame” over the successful repatriation
The Presidency has said the $311 million Abacha loot released to Nigeria by the United States of America on Monday has already been allocated to specific projects.
The United States Government has described the late Chief of Staff to the President, Malam Abba Kyari, as a dedicated public servant and respected interlocutor for the American Government.
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, made the clarification on Wednesday in a statement by Dr. Umar Gwandu, his Special Assistant on Media and Public Relations
The source confirmed that the Buhari Administration inherited a litigation in which former President Olusegun Obasanjo Administration ceded $100 million to Bagudu, an agreement also being challenged by the US Government.
Owasanoye disclosed this on Wednesday in a keynote address in Lagos at the 42nd Annual Conference of the Nigerian Society of International Law.
President Muhammadu Buhari has indicated interest in disbursing the funds through his administration’s Conditional Cash Transfer programme to poor households.
The union stated this in a statement signed by its president, Dr. Bobboi Bala Kaigama and its Secretary General, Musa-Lawal Ozigi, the union stressed that the recovered lot should be tied to projects so as to make life worth living for the people.
Sesugh Akume, the National Publicity Secretary of the party, gave the advice in a statement in Abuja on Friday.
Decrying what he termed lack of transparency in the Nigerian Government’s handling of the funds, Mayoraz said the Swiss Government insisted on the involvement of the World Bank in the management of the $322.5 million to ensure that money was spent to alleviate the sufferings of the poor
The CSOs said there was the need to scrutinise spending of the money which was returned by the Switzerland Government to ensure transparency and accountability.
Adeosun’s position was contained in a statement by her media aide, Oluyinka Akintunde
The Attorney General of Jersey Island, Robert J. MacRae QC, stated this on Tuesday during the ongoing 7th Session of Conference of State Parties to the United Nations Convention Against Corruption in Vienna, Austria.
The Director General of the office, Ben Akabueze, disclosed this while answering questions at the public presentation of the 2017 Budget proposals at the State House on Monday in Abuja
Olukayode Majekodunmi, the Deputy Director of SERAP, said in a statement on Thursday that the World bank had requested for additional time to respond to SERAP’S request
Speaking at a meeting with the visiting Managing Director of the World Bank, Sri Mulyani Indrawati, President Buhari said the repatriation of the additional $320 million in Switzerland, which has been identified as illegally taken from Nigeria under the late General Sani Abacha administration, will help to ease the current economic hardship facing the country
The Vice President, Prof. Yemi Osinbajo (SAN), made this disclosure on Tuesday at the Presidential Villa, Abuja during a meeting with a Swiss delegation led by the country’s Federal Councillor and Head of its Foreign Affairs Department, Didier Burkhalter, and the Swiss Ambassador to Nigeria, Eric Mayoruz
“The Accountant General of the Federation reported that the dollar account as at November 2015 ending has a balance of $26.389 million, while the pounds sterling has a balance of £19,000,033