Corruption

NDDC: Senators Can Facilitate Projects to Their Constituencies – Senate

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NDDC: Senators Can Facilitate Projects to Their Constituencies - Senate | Daily Report Nigeria

The Nigerian Senate has jumped to the defence of its members mentioned among lawmakers who collected over 60% of contracts from the Niger Delta Development Commission. The Chairman, Senate Committee on Ethics, Privileges and Public Letitiins, Senator Ayo Akinyure gave the clarification while addressing newsmen on Monday. Trending Story: FG Reopen Schools Ahead of WAEC … Read more

Binance Accuses Nigerian Officials of $150m Bribe Demand

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BREAKING: Binance Leaves Nigeria, Ends Naira Exchange

Cryptocurrency company Binance has alleged that Nigerian government officials demanded a $150 million bribe in cryptocurrency to resolve criminal charges against the company. The accusation was made by Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times. According to the NYT report, Tigran Gambaryan, a compliance officer with … Read more

SERAP Urges Tinubu To Probe $1.5bn World Bank Loan To States, FCT

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SERAP Urges Tinubu To Probe $1.5bn World Bank Loan To States, FCT | Daily Report Nigeria

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to investigate the $1.5bn World Bank loan obtained by the 36 states and the Federal Capital Territory.

In an open letter dated August 10, 2024, SERAP also urged Tinubu to probe the “alleged mismanagement of the Chinese loans of $3.121bn obtained by the Federal Government.”

The group asked the President to “direct the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, and appropriate anti-corruption agencies to promptly and thoroughly investigate” how the loan was spent.

SERAP noted that individuals or agencies suspected of “corruption and mismanagement should face prosecution as appropriate, if there is sufficient admissible evidence, and any proceeds of corruption should be fully recovered.”

The group advised Tinubu to “instruct the Economic and Financial Crimes Commission and Independent Corrupt Practices and Other Related Offences Commission to jointly track and monitor the spending of the $1.5bn World Bank loan to Nigeria’s 36 states and Abuja.”

Ensuring accountability for the spending of World Bank loan and Chinese loans would build trust in democratic institutions with the ultimate aim of strengthening the rule of law,” SERAP stated.

 

Reps to Probe North East Development Commission Over ₦100bn Misappropriation

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Reps to Probe North East Development Commission Over ₦100bn Misappropriation | Daily Report Nigeria

The House of Representatives has made a resolution to probe the Management of the North East Development Commission, NEDC, for alleged misappropriation of funds running into billions of naira,meant for the development of the North East Region of Nigeria. This decision was taken based on the adoption of a motion moved by the Minority Leader … Read more

NDDC Petitions IG, Calls For Prosecution of Defaulting Contractors

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NDDC Petitions IG, Calls For Prosecution of Defaulting Contractors | Daily Report Nigeria

The Interim Management Committee of the Niger Delta Development Commission, NDDC, has petitioned the Inspector-General of Police, Mohammed Adamu, asking for the arrest and prosecution of contractors, who were mobilized with funds, but failed to execute contracts they got from the agency. The petitioned was signed by the Managing Director of the IMC, Prof. Kemebradikumo … Read more

Revealed: IMC Diverted ₦6.25bn Niger Delta Coronavirus Palliatives

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Revealed: IMC Diverted ₦6.25bn Niger Delta Coronavirus Palliatives | Daily Report Nigeria

Fresh revelations emanating from the ongoing probe into the affairs of the Interim Management Committee of the Niger Delta Development Commission indicates that the committee diverted a ₦6.25billion approved by the Presidency for indigenes of the Niger Delta region. This was disclosed by the Chairman of the Palliative Distribution Committee (PDC) , High Chief Sobomabo … Read more

Breaking: NDDC Acting MD Faints During Probe by Reps

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Breaking: NDDC Acting MD Faints During Probe by Reps | Daily Report Nigeria

The Acting Managing Director of the Interim Management Committee of the Niger Delta Development Commission (NNDC), Prof Kenebradikumo Pondei has reportedly fainted. Prof Pondei as he was defending the the Commission at the ongoing probe by the House Committee on NDDC. He’s said to have fallen into coma after that… Watch video 👇👇👇 https://youtu.be/A2fKfvwBRQE

NDDC Probe: Pondei Indicts Lawmakers, Lists Contracts Forced to Pay For

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NDDC Probe: Pondei Indicts Lawmakers, Lists Contracts Forced to Pay For | Daily Report Nigeria

The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Daniel Pondei, has opened a fresh can of worms indicting National Assembly in the ongoing probe of the agency by the Red and Green Chambers. Pondei released a list of contracts the Commission was allegedly coerced by the legislature to pay, saying … Read more

Breaking: Court Gives New Order on Kidnapper Evans, Accomplices

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Breaking: Court Gives New Order on Kidnapper Evans, Accomplices | Daily Report Nigeria

A Federal High Court in Ikeja, the Lagos state capital has declared that four accomplices of popular kidnapper, Chukwudumeme Onwuamadike popularly known as Evans who were listed as co-defendants have a case to answer. Big Story: Relocate Your Headquarters to Bayelsa, Diri Tells Oil Firms Justice Hakeem Oshodi who presided over the sitting, dismissed their … Read more

Former Delta Poly Rector, Edna Mogekwu Sentenced to 25 Months Jail Term

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Former Delta Poly Rector, Edna Mogekwu Sentenced to 25 Months Jail Term | Daily Report Nigeria

Former Rector of Delta State Polytechnic, Ogwashi-Uku, Dr. Edna Mogekwu, has been sentenced to 25 – months imprisonment for refusing to honor invitations on allegations of corruption from the Independent Corrupt Practices and Other Related Offences Commission (ICPC). 3 other principal officers of the institution, who were also convicted, were charged before Justice Marshal Umukoro … Read more

Abacha Loot: Another European Country to Return €5.5m to Nigeria

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Abacha Loot: Another European Country to Return €5.5m to Nigeria | Daily Report Nigeria

Ireland has become the latest country to agree to return money looted and hidden in the European country by Nigeria’s former Head of State, late Gen Sani Abacha. This is even as the Federal Government of Nigeria signed a memorandum of understanding with the Irish government to return €5.5million looted sum. Trending Now: World Powers … Read more

Gov Adeleke Warns Osun Caretaker Committee Members Against Marrying Many Wives

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Gov Adeleke Warns Osun Caretaker Committee Members Against Marrying Many Wives | Daily Report Nigeria

Governor Adeleke of Osun State has warned the newly sworn-in local government caretaker committee members against financial recklessness and taking more wives. At the swearing-in ceremony, Adeleke emphasized that now is not the time to take more wives and that anyone found engaging in “corrupt practices” will be held accountable. READ ALSO: BREAKING: Supreme Court Declares … Read more

Nigeria Needs to Consult Oracle to Fight Corruption – Rep Member

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Nigeria Needs to Consult Oracle to Fight Corruption – Rep Member | Daily Report Nigeria

Hon. Yunusa Ahmad, a member of the House of Representatives, on Thursday, has called on Nigeria to consult the oracle on the lingering state of corruption. Ahmad said this in Abuja while speaking to journalists at the African Conference on Debt and Development (AfCoDD II 2022) organised by Africa Network for Environment and Economic Justice … Read more

Wike Cautions Worship Centres, Drags Bishop Over COVID-19 Protocols

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Wike Cautions Worship Centres, Drags Bishop Over COVID-19 Protocols | Daily Report Nigeria

Governor Nyesom Wike of Rivers state has cautioned worship centres across the state to abide by the recommended COVID-19 regulations like the compulsory use of face masks and proper social distancing during service hours. The Governor stated this on Sunday when he joined the family of Chief Azubuike Nmerukini in a special thanksgiving in honour … Read more

UK to Seize $39m From Ibori Accomplice Lawyer

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UK to Seize $39m From Ibori Accomplice Lawyer | Daily Report Nigeria

Efforts have been intensified by United Kingdom in it’s bid to seize over $39 million from a convicted lawyer who allegedly helped former Governor of Delta state, James Onanefe Ibori. Bhadresh Gohil who helped Ibori in laundering public funds was convicted in 2010 on a 13-count charge of money laundering before being sentenced to a … Read more