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Alleged N1.84bn Fraud: ICPC Arraigns REA Finance Director, Sambo

The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday, arraigned Abubakar Sambo, Director of Finance and Account of the Rural Electrification Agency (REA) for alleged fraud to the tune of N1.84 billion. Sambo was arraigned before Justice Bolaji Olajuwon of a Federal High Court, Abuja on three-count …

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Court Acquits Ex-Lagos Speaker Ikuforiji Of Money Laundering

A Federal High Court in Lagos has acquitted the former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, of a 54-count money laundering charge.   The court discharged and acquitted Ikuforiji of alleged N338.8 million money laundering. The former Speaker was discharged alongside his former Personal Assistant, Oyebode …

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Dangote Accuses IOCs Of Plotting Failure Of Oil Refinery ●Laments As Regulator (NMDPRA) Continues To Grant Licences To Import Banned Dirty Diesel, Jet Fuel

Vice president, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said the IOCs were deliberately and wilfully frustrating the refinery’s efforts to buy local crude by …

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