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'How $3.4b was deducted from ALGON treasury to fund NIPPs' | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News


The House of Representatives, yesterday, heard of how the sum of $3.4 billion was deducted from the treasury of the Association of Local Governments of Nigeria (ALGON) to fund National Integrated power Projects (NIPPs) between 2004 and 2007
Representative of the association’s chairman and Executive Secretary of Legislative Watch, Ngozika Ihuoma, who made the disclosure in Abuja, claimed that the funds were not judiciously deployed.
He spoke while appearing before the Joint Committee on Power, Privatisation and Commercialisation at its one-day investigative public hearing on the planned privatisation of the Niger Delta Power Holding Company (NDPHC) power plants.
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The respondent’s revelations taken under oath were, however, stepped down by the panel chairman, Magaji Aliyu, who explained that the lawmakers got no authorisation from the ALGON chairman, David Agba, for Ihuoma to appear for him. ....

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Malami, Ahmed, Emefiele appear before Reps today over looted assets probe


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Published 24 May 2021
THE House of Representatives has invited ministries, departments and agencies of the Federal Government as well as top officials, the private sector and civil society organisations to explain the status of looted funds and public assets recovered in the last 18 years.
The Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation is to hold an investigative hearing on Monday.
Chairman of the committee, Mr Adejoro Adeogun, had last week laid an interim report by the committee. ....

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Malami, Ahmed, Emefiele Appear Before Reps Over Looted Assets Probe


Malami, Ahmed, Emefiele Appear Before Reps Over Looted Assets Probe
Posted by African ExaminerFeatured, Latest News, News Across Nigeria
Monday, May 24th, 2021
(AFRICAN EXAMINER) – The House of Representatives has invited ministries, departments and agencies of the Federal Government as well as top officials, the private sector and civil society organisations to explain the status of looted funds and public assets recovered in the last 18 years.
The Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation is to hold an investigative hearing on Monday. ....

Mukhtar Bello , Dipo Fatokun , Abubakar Animasaun , Adolphus Aghughu , Ahmed Idris , Zainab Ahmed , Ngozika Ihuoma , Abdullahi Ibrahim , Adejoro Adeogun , Babagana Monguno , Financial Crimes Commission , Central Bank , National Planning , Ad Hoc Committee On Assessment , Environmental Development Agenda , Nigerian Navy , National Drugs Law Enforcement Agency , Pension Reform Task Team , National Security Adviser , Nigeria Police , Other Related Offences Commission , Crincad Cari Nigeria , Society Organisations , Civil Society Legislative Advocacy Centre , Banking Services , National Security Advisers ,

Breaking News | Recovered Loots, Assets: Reps' C'tte Invites Malami, Ahmed, EFCC, ICPC, NSA, Others For Assessment


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By Levinus Nwabughiogu – Abuja House of Representatives Ad-hoc Committee on Assessment and Status of All Recovered Loots, Movable and Immovable Assets has invited the Minister of Justice and Attorney-General of the Federation, Abubakar Malami to give updates on the recovered loots.
Others also invited included the Minister of Finance, Budget and National Planning; the National Security Adviser, Maj-Gen. Babagana Mongunu (rtd); the Economic and Financial Crimes Commission (EFCC); the Independent Corrupt Practices and Other Related Offences Commission (ICPC); the Nigeria Police Force; Nigeria Customs Service and Nigerian Navy.
The National Drugs Law Enforcement Agency (NDLEA); Nigeria Security and Civil Defence Corps (NSCDC); Central Bank of Nigeria (CBN); Accountant General to the Federation; Auditor General of the Federation; Nigerian Sovereign Investment Authority; Former Ministers of Justice; Former National Security Advisers; Fo ....

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