18 Jun 2018
Months after the Nigerian government reached an accord with the United Arab Emirates (UAE), on looted funds, a new report released last week alleged that war profiteers, terror financiers and drug traffickers sanctioned by the U.S. in recent years have used Dubai’s real-estate market as a haven for their assets. Last year, the Nigerian…
4 Dec 2017
A Federal High Court in Lagos on Monday issued a bench warrant for the arrest and production in court of a former Governor of Enugu State, Chimaroke Nnamani, over alleged laundering of N4.5 billion. The court issued the order following the absence of the accused, to stand trial. The Economic and Financial Crimes Commission (EFCC)…
20 May 2017
The Judge ordered that the funds should be forfeited to the Federal Government, as no one came forward to claim it.
23 Apr 2017
The figures are mind-bugling! Fifty million US dollars. Thousands of British pounds. Billions of Nigerian naira. And Euros in their millions are here reposing in unhealthy closeness to one another.
13 Apr 2017
In a ruling on Thursday, the court, presided over by Justice Muslim Hassan, ordered that the funds be temporarily forfeited to the Federal Government of Nigeria.
5 Feb 2017
Former governor of Delta State, James Ibori, yesterday arrived the country aboard the British Airways, after serving his jail terms in the United Kingdom over charges bordering on corruption and money laundering.
5 Feb 2017
Former governor of Delta State, Chief James Onanefe Ibori returned yesterday to Nigeria, after serving a jail term in the United Kingdom for the crime of corruption and money laundering.
15 Apr 2015
Switzerland is returning to Brazil $19.4 million seized after a probe into money laundering, the attorney-general's office said Wednesday.