“We are pleased that key economic indicators continue to move in the right direction. With modest recovery in oil prices and boost in domestic production, we exited the recession in 2017, while inflation has continued its decline and is now at 15.37 percent for December 2017.”
The Economic Crime Unit of Lincolnshire Police said it had been conducting a major investigation with the National Health Service involving offences of fraud and money laundering in excess of £13 million.
The judge’s decision came months after multi-billion naira properties and funds running into millions of dollars allegedly linked to the former minister were forfeited to the Nigerian government.
The two counts preferred against the defendants border on conspiracy and unlawful deal in petroleum products.
The EFCC, in the charges, said the defendants committed the offence sometime in June.
“NPDC continues to be unaccountable to state institutions and the laws of the country. NPDC has consistently refused to give account of its operations and its management of national oil assets in its possession. NPDC failed to cooperate with the forensic audit ordered by the Auditor-General of the Federation in 2015.”
“Because of the sensitivity of the items we recovered in the house, we took them along with Bitrus down to our office. We then engaged the services of a lock expert to unlock the safe. All these were camera-recorded.”
The Committee noted that while the DPR’s official account for the remittance of oil royalties was with JP Morgan, its investigations has uncovered a second account with the Federal Reserve Bank of New York purportedly opened by the agency.
07 November 2017, Sweetcrude, Lagos – Twenty-nine Benin nationals, including a woman, were on Tuesday hauled up before a Federal…
The former petroleum resources minister had on Oct. 6, through her lawyer, Mr. Onyechi Ikpeazu, urged the court to compel the Attorney General of the Federation (AGF) to extradite her to Nigeria from the United Kingdom to defend the charges against her.
The EFCC said Diezani’s bid to now return to Nigeria was nothing but a ploy to escape justice having realised that her trial might soon begin in the UK.
