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The ICPC boss, Mr Owasanoye, also said oil bunkering and crude oil theft in Nigeria’s Niger Delta, has been associated with different forms of violent crimes in the region.
President scores above average – VON DG His govt has underperformed – Dr Kari It is exactly six years that the Muhammadu Buhari-led All Progressives Congress (APC) administration came on board after wresting power from the Peoples Democratic Party (PDP), which was on the saddle of power in the country for 16 years. President Buhari […]
He said though a forfeiture order for assets recovered from the former Petroleum Minister was acquired in 2019, they were yet to be auctioned. Chairman of the Committee, Adeogun had said that the assets could depreciate in value if kept for so long at time. “Given the financial situation of Nigeria, shouldn’t we just auction these things fast and put the money to use. Why does it take so long to turn these assets into cash to fund the budget?” Adeogun queried. But responding, Bawa said: “Already the Federal Government has set up a committee under the chairmanship of the Solicitor...
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Bank’s assets declaration and corruption war By Wed Apr 21 2021 Recently, Chairman of the Economic and Financial Crimes Commission (EFCC), Abdurasheed Bawa, made a declaration that the Bank Employees Assets Declaration Act of 1986 would be resuscitated to block loopholes created by bankers to sanitise the country’s financial system. According to Bawa, the decision was taken due to the role bankers are expected to play in the fight against corruption, as the EFCC is mandated to ensure compliance with the Act. Section 1 of the Bank Employees Declaration of Assets Act 1986 makes it mandatory...