DG of Nigeria Governors’ Forum, Asishana Okauru, retires from service

The Director General of the Nigeria Governors’ Forum, Asishana Okauru, has retired from the Forum after over 15 years in office, sources familiar with the development have told PREMIUM TIMES. The sources said Mr Okauru submitted his retirement notice to the Forum’s Chairman, Governor Abdulrahman Abdulrazaq of Kwara, this week. Our sources said the director-general’s … Read more

Appeal Court stays execution of contempt proceedings against EFCC chair

The Court of Appeal in Abuja has ordered a stay of execution and proceedings in the contempt suit filed at the Kogi State High Court by former Governor Yahaya Bello against the chair of the Economic and Financial Crimes Commission (EFCC), Olu Olukoyede. A three-member panel of the appellate court, led by Joseph Oyewole, gave … Read more

Why we are after ex-governor Yahaya Bello – EFCC Chair

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, on Tuesday, gave more details of the criminal case against former Kogi State Governor Yahaya Bello. The agency has already charged Mr Bello with 19 counts of money laundering involving over N80 billion at the Federal High Court in Abuja but has been … Read more

FCMB deposits N540 million guarantee in favour of cleric

The First City Monument Bank (FCMB), has deposited N540 million into an interest-yielding bank account in favour of a cleric, Emmanuel Omale, who it defamed. On 1 February, the Court of Appeal in Abuja refused to stay the execution of an earlier judgement awarding N540 million to Mr Omale, who was falsely accused of laundering … Read more

Nigerians react to suspension of humanitarian affairs minister Betta Edu

The suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, over suspected illegal financial transactions, on Monday, has sparked reactions among Nigerians. PREMIUM TIMES reported the scandal, which includes the approval of payment of N585.2 million into a private account of a civil servant. Mrs Edu came under criticism from Nigerians for … Read more

EFCC boss seeks legislation against unexplained wealth

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called for legislation against unexplained wealth, as a way of checking the criminal activities of treasury looters in the country. EFCC spokesperson Dele Oyewale, in a statement, quoted Mr Olukoyede as making the call at a two-day International Law Conference organised by … Read more