Friday, May 14

Tag: Loot

Edo Police arrest 2 suspects for stealing N5.2m dropped by robbers
News

Edo Police arrest 2 suspects for stealing N5.2m dropped by robbers

The Edo Police Command has arrested two men, Monday Imafidon and Ifeanyi Okafor, who stole the loot dropped by a four-man gun-toting gang that robbed a POS outlet of N5.2 million. The robbery operation took place in Uromi, Esan north-east local government area of the state, where the hoodlums stormed the POS outlet on a motorcycle. They robbed everyone in sight, including the operator. Moments after the robbery, a detachment of police operatives and some residents gave the robbers a hot chase, following which they threw away their loot Though the robbers were arrested, Imafidon and Okafor and some others at large, took advantage of the chaos to steal the money. One of the suspects confessed to stealing only part of the money. “I saw people running after some men on a moto...
Boko Haram Kill One, Loot Foodstuff In Borno LG
Crime

Boko Haram Kill One, Loot Foodstuff In Borno LG

Suspected armed members of the dreaded Boko Haram sect on Wednesday invaded the Azir community in the Damboa Local Government Area of Borno state killing one resident with scores injured. The insurgents also looted foodstuff and livestock without confrontation, after setting ablaze some residential houses. Azir is about a 15km drive south of Damboa and is the only settlement with resilient people along the 100km Damboa – Biu road, as over 10 settlements were Displaced and remained ghost communities for over five years. Some fleeing residents who spoke to our Correspondent on phone said, “We are currently taking refuge in Damboa with no shelter and food despite this harsh harmattan weather. “The insurgents wreaked havoc on our community without confrontation and we managed...
UK Government to Return £4.2m James Ibori Loot to Nigerian Government
News

UK Government to Return £4.2m James Ibori Loot to Nigerian Government

The British Government has announced plans to return £4.2million funds recovered from friends and family members of convicted former Delta state governor, James Ibori. The British High Commissioner to Nigeria, Ms. Catriona Laing, disclosed this at a ceremony for the signing of a memorandum of understanding (MOU) between both the Nigerian and UK government in Abuja today March 9. She said this was the first tranche of such planned returns. She added that what is being returned to the Nigerian government was retrieved from friends and family members of Ibori. She noted the Ibori case is complicated and the United Kingdom authorities were still working on the total actual amount involved in the case. The Minister of Justice and Attorney General of the Federation, Abubakar Mala...
You Must Account For Alleged ₦15 Trillion Loot, PDP Tells APC Leaders
Politics

You Must Account For Alleged ₦15 Trillion Loot, PDP Tells APC Leaders

The Peoples Democratic Party (PDP), yesterday, told the Presidency and the All Progressives Congress (APC) that they would face inquiry for alleged N15 trillion loot, among others. The party also said the alleged “manipulation of the Buhari administration and importing of terrorists and bandits for 2019 general elections who are now on rampage, killing innocent Nigerians, particularly in the northern parts of our nation” were another “misdeeds too grievous to be ignored by the Nigerian people.” In a statement by its National Publicity Secretary, Kola Ologbondiyan, PDP accused the APC leadership of resorting to diversion of attention from its alleged misrule. The opposition party said it was aware that “APC’s attack is a desperate diversionary tactics as more revelations contin...
Soldiers didn’t kill four people and dump their bodies inside pond in Jos – DHQ
News

Soldiers didn’t kill four people and dump their bodies inside pond in Jos – DHQ

The Defence Headquarters has debunked media reports of soldiers killing four people and dumping their bodies in a pond in Jos during a clampdown on looters of private properties in the state.   Coordinator of Defence Media Operations, John Enenche who described the report as malicious and mischievous in a statement released on Saturday October 31, said the soldiers attached to the Special Task Force (STF), Operation Safe Haven (OPSH) only arrested hoodlums who attempted to loot the residence of the former Speaker of the House of Representatives, Yakubu Dogara on October 25.   Eneche said;   “Consequently, troops of the STF, OPSH, which are saddled with the responsibility of maintaining peace and tranquillity in Plateau State and environs were immediately de...
Mile 12 Boils As Hoodlums Vandalise BRT Buses, Loot Shops
Crime

Mile 12 Boils As Hoodlums Vandalise BRT Buses, Loot Shops

The #EndSARS violence spread to Mile 12 area of Lagos on Tuesday as hoodlums unleash terror on people and vandalised several BRT buses. It was gathered that the hoodlums also attacked private shops, shooting and looting properties in the area. There was pandemonium as traders and shop owners fled for safety. Vehicle owners were said to have abandon their vehicles and fled as the crisis spread around Mile 12 to Owode axis on Ikorodu Road. Primero, operator of the BRT (Blue buses) said they would be shutting down operation immediately to avoid other buses being damaged by the hoodlums. Thugs were presently moving around with guns and machetes and were causing mayhem, an eyewitness said on twitter. Hoodlums were seen on video holding machetes and other dangerous weapons. ...
Rice Miller Loses N188m Goods In Adamawa As Hoodlums Loot Warehouse
Crime

Rice Miller Loses N188m Goods In Adamawa As Hoodlums Loot Warehouse

A rice miller in Adamawa State has cried out for succour after thugs broke into his mill and carted away bags of parboiled and white rice valued at N188,465,000. Alhaji Mohammed Shemad, Chief Executive Officer of Shemad Concept Nigeria Ltd, told newsmen Monday morning that the thugs forced their way into his rice mill located at Bakin Kogi, a riverside community in Yola North local government area (LGA), and removed all the 10,615 bags of rice that had been processed. Our correspondent recalls that thugs first broke into government warehouses in and around the state capital, Yola, in the morning of Sunday October 25 and took away all they could find, prompting Governor Ahmadu Fintiri to impose a curfew which took effect from 3pm Sunday. The thugs had however defied the curfew, b...
Gunshots As Hoodlums Loot Dogara’s House In Jos
Crime

Gunshots As Hoodlums Loot Dogara’s House In Jos

Hoodlums on Sunday looted the house of a former Speaker of the House of Representatives, Yakubu Dogara, located near Jos University Teaching Hospital. The PUNCH gathered that the hoodlums defied the ongoing curfew imposed by the state government to also invade other buildings in search of COVID-19 palliatives. Dogara’s house was attacked about 9 am, an eyewitness told our correspondent. Policemen and other security operatives enforcing the curfew shot to disperse the rampaging youths without success. “They broke into the house of the former Speaker and attacked everyone, including Dogara’s brother, and (they) are currently moving anything they see. In the process, the invaders moved several items – tricycles, furniture, electronics, and other valuables – out of the house,” ...
350 motorcycles, 400 deep freezers, 350 generators – Senator Folarin lists things hoodlums looted from his house
News

350 motorcycles, 400 deep freezers, 350 generators – Senator Folarin lists things hoodlums looted from his house

Senator Teslim Folarin, representing Oyo Central Senatorial District in the National Assembly, has listed the things he lost after angry youths invaded his home to loot.   The lawmaker revealed in a statement on Saturday, October 24, that over 1,100 empowerment items such as motorcycles, deep freezers, generators, and grinding machines, among others were looted.   The youths attacked his house at the Oluyole Estate extension in Ibadan, the Oyo State capital.   Senator Folarin described the looters as "coordinated hoodlums", adding that the invasion was evil, barbaric and unfortunate.   He insisted that the invaders and looters were not the same youths protesting against police brutality and calling on the government to End SARS.   He d...
Mob Invades Senator Teslim Folarin’s House, Loot Empowerment Materials
Crime

Mob Invades Senator Teslim Folarin’s House, Loot Empowerment Materials

A mob have invaded the residence of Teslim Folarin, the senator representing Oyo Central Senatorial district. The mostly angry youth looted several new motorcycles at the Oluyole home of the lawmaker. Other materials carted away are freezers, grinding machines and other valuables. mci reported how the homes of various government officials have been looted in the last 48 hours. Earlier today, some hoodlums looted materials at the home of a former deputy speaker of the House of Representatives, Lasun Yusuff, in Osun State. The Iwo Local Government Secretariat was also set ablaze. All efforts to reach Mr Folarin proved abortive as close associate who confirmed the incident to our correspondent said the senator is out of the country. https://www.instagram.com/p/CGutTS...
Malami Writes PMB, Seeks Removal Of Magu; Accuses Him Of Diversion Of Recovered Loot
Politics

Malami Writes PMB, Seeks Removal Of Magu; Accuses Him Of Diversion Of Recovered Loot

The Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN), has recommend to President Muhammadu Buhari the sacking of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu. Malami, in a memorandum to the president, anchored his recommendation on several grounds “raging from diversion of recovered loot to insubordination and misconduct” by Magu, THISDAY has learnt. Multiple sources told THISDAY yesterday that Malami included a short list of three candidates for consideration to replace Magu. But Magu is fighting back and his supporters within the Presidency say ” removing Magu at this time when he has given muscle to Buhari’s anti-corruption fight would be a mistake.” “It is painful that the EFCC bos...
SERAP Seeks Details Of ₦800 Billion Recovered Loot
Politics

SERAP Seeks Details Of ₦800 Billion Recovered Loot

Socio-Economic Rights and Accountability Project, (SERAP) has sent a Freedom of Information Act (FoI) request to President Muhammadu Buhari asking him “to direct Mr Abubakar Malami, SAN, Attorney General of the Federation and Minister of Justice and Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning to publish a comprehensive list of names of people from whom N800 billion in looted funds have been recovered, the details of spending of the money and the dates of the recovery.” SERAP also urged the president to: “direct appropriate anti-corruption agencies to promptly, thoroughly and transparently investigate allegations that payments totalling N51 billion were made into individual accounts in 2019.” In the letter dated 13 June, 2020 and signed by SERAP deputy dire...
LUTH Denies Conspiring With Patient’s Lover To Hide, Loot Him
News

LUTH Denies Conspiring With Patient’s Lover To Hide, Loot Him

Following accusations by Mrs. Ngozi Adenuga who alleged that officials of LUTH had conspired with her mentally unwell brother's lover to steal from him. The Management of LUTH have responded; RE: SISTERS ALLEGE LUTH OFFICIALS CONSPIRED WITH BROTHER’S LOVER TO HIDE, LOOT HIM
Presidency clarifies projects to be funded with $311m Abacha loot
News

Presidency clarifies projects to be funded with $311m Abacha loot

The Presidency on Wednesday made clarification on the projects to be funded by the repatriated Sani Abacha loot. In a statement to DAILY POST on Wednesday by the Special Assistant to the President on Media and Publicity, Garba Shehu, he said the recently repatriated loot will go towards only three of the Federal Government’s five priority projects. He said the Mambilla power and East-West road projects were not included as he stated in an earlier statement. “In an earlier statement, I had mistakenly noted that the Mambilla was one of five priority projects to benefit from the $311 million Abacha loot under the Presidential Infrastructure Development Fund (PIDF) managed by the Nigeria Sovereign Investment Authority (NSIA). That error is regretted ” Shehu said. “Although the Mamb...
Abacha $311 Million: It’s An Investment, Not Loot: Daddy Freeze
Celebs

Abacha $311 Million: It’s An Investment, Not Loot: Daddy Freeze

Popular On-Air-Personality, Daddy Freeze has described the $311 million Abacha loot that was recently returned to the country as more of an investment than a loot. Speaking via his official Instagram page, he further cited that the money would have appreciated greatly, especially now that exchange rate is N450 to 1 dollar. He wrote: “Al’loot’a continua??? “Just when we thought that we were broke, we got an alert from Abacha… “Loot and reloot, at least Abacha came through with 311 million usd at nearly 450 Naira to a dollar, that’s not looting, that’s investing if you ask me.”
Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG
Politics

Recovered N31.8 Billion Abacha Loot Was Spent On The Poor, Says FG

The Federal Government (FG) has disclosed how the recovered $104 million Abacha loot was spent. The Special Adviser to the President on Social Investments, Maryam Uwais announced that the money was spent on programmes designed to address the plight of poor and vulnerable Nigerians thereby alleviating poverty in the country. Uwais disclosed this during her keynote address at a two-day Experts’ Training and Advocacy on Tracing and Recovery of Illicit Funds and Assets organised by the Human Environmental Development Agenda HEDA, in Port Harcourt, Rivers State. The Presidential aide said the total amount disbursed from the Abacha loot from August 2018 to the October payment cycle was $76,538,530 and $27,099,028 from the IDA credit. She explained that the funds were sent to beneficiaries ...
I May Be Slow But I Do Not Loot – Buhari
Politics

I May Be Slow But I Do Not Loot – Buhari

President Buhari who addressed the Nigerian community in Dubai on Tuesday, stated that he may be slow but he does not loot. The Nigerian President who said he does not want to make the mistake he made as a military head of state when he pushed people into prison in hurry, added that he does not care if he is called “Baba go slow” as long as he is not looting the country’s treasury. President Buhari who admitted that he may be slow but he does not loot, told Nigerians in Dubai; “I may be ‘Baba go slow’ but I didn’t loot,” he said. So, whoever calls me ‘Baba go slow’, I’m very cautious of historical antecedent. Since I was in a hurry, I was locked up, I’m going slow so that I can survive. I ‘bark but I cannot bite, Baba go slow,’ I have once ruled this country, some of you know tha...
Alleged Diezani Loot: EFCC Set To Arraign Fidelity Bank MD, First Bank Director
Crime

Alleged Diezani Loot: EFCC Set To Arraign Fidelity Bank MD, First Bank Director

A Lagos Division of the Federal High Court has adjourned till December 17 the arraignment of the managing director of Fidelity Bank Plc, Nnamdi Okonkwo, and an executive director at First Bank, Dauda Lawal, for allegedly assisting Diezani Alison-Madueke to conceal $153 million in 2015. They are facing a 14-count charge of conspiracy and money laundering before Muslim Hassan, a federal judge. Mrs Alison-Madueke, the immediate past petroleum minister who is still out of the country, is also facing multiple charges of money laundering. Last week, an Abuja court granted the EFCC leave to arraign her and a former chairman of Atlantic Energy Drilling company, Jide Omokore, in February next year. The arraignment of the bank chiefs, who were charged alongside Lanre Adesanya and Stanl...
National Assembly CCTV Down As Bandits Loot Journalists’ Cars
Politics

National Assembly CCTV Down As Bandits Loot Journalists’ Cars

Thieves are vandalising cars and stealing their batteries on the premises of the National Assembly, SUNDAY PUNCH can authoritatively report. Several cars have been vandalised in recent times, including that of our correspondent. Our correspondent had parked his Honda CR-V car at a park close to the Annex building at about 11.30am but discovered at about 6pm that its battery had been stolen, with the bonnet left half opened. The incident was reported at the Crime Office of the National Assembly Division of the Nigeria Police on Thursday morning, where our correspondent was told that several similar cases of vandalism and theft had been reported at the unit. In spite of lodging the complaint, none of the officers on duty requested our correspondent to lead them to the vehicle...
“Atiku Is Coming Back To Create A Paradise For Thieves” – Presidential Candidate, Omoyele Sowore
Politics

“Atiku Is Coming Back To Create A Paradise For Thieves” – Presidential Candidate, Omoyele Sowore

Presidential candidate, Omoyele Sowore, has accused his opponent in the 2019 presidential election, Atiku Abubakar, of planning a return to power to allegedly create a paradise for thieves who’ll loot the country blind. While addressing the public at a summit, “African Leadership In The Millenium”, a part of Felabration 2018, in Lagos State on Monday, October 15, 2018, Sowore said a victory for Atiku, a former vice president, or incumbent president, Muhammadu Buhari, will further stall the nation’s progress. He said, “The last government is always better than the next. In fact, if you ask me which is the worst government, it hasn’t come yet. “It’s coming next year if we vote Buhari or Atiku. It’ll be the worst government we’ll have because both of them have unfinished business wit...
SERAP-Why Buhari Should Not Share $322m Abacha Loot Among Households
News

SERAP-Why Buhari Should Not Share $322m Abacha Loot Among Households

Socio-Economic Rights and Accountability Project (SERAP) has kicked against President Muhammadu Buhari government’s plan to share the $350 million (around N115 billion) loot recovered from the former military ruler, late Gen. Sani Abacha among an estimated 300,000 households. The organization said that the plan which will see each household getting around $14 (around N5,000) a month “is mis-targeted and would not bring any tangible benefits to the beneficiaries.” SERAP said, “The authorities have a legal obligation under the UN Convention against Corruption to which Nigeria is a state party to make sure that the returned Abacha loot is properly and efficiently used, both from the viewpoint of using asset recovery as a tool of ensuring justice to victims of corruption and breaking...
Abacha Loot: Matters Miscellany
News

Abacha Loot: Matters Miscellany

I got a credible information last week from some grapevines in Abuja that the much-talked about outstanding sum of $322 million (not $321 million as has been widely reported) stashed away in some secret accounts by former military dictator, the late General Sani Abacha, in Liechtenstein, Luxembourg and Switzerland, routinely referred to as Abacha loot, has been repatriated and it is sitting pretty in a dedicated account in the Central Bank of Nigeria (CBN). This calls for pomp and ceremony, especially by the office of the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), which had committed to ensure that the loot was repatriated, regardless of the shenanigans and blackmail from within and outside some official quarters in Nigeria. A powerful Nige...
Kalu Reveals Why Buhari Stopped Announcing Recovered Loot
News

Kalu Reveals Why Buhari Stopped Announcing Recovered Loot

Former governor of Abia State, Orji Uzor Kalu, has explained why the President Muhammadu Buhari-led federal government appears to have lowered its drive on the anti-graft war and also stopped the announcement of monies recovered from looters. Kalu, who is a chieftain of the ruling All Progressives Congress (APC), said the international community pressured President Buhari not to continue speaking of the monumental looting of the nation’s treasury. In an interview with New Telegraph newspaper, he said: “The International Intelligence community is pressuring the President not to say more of what he has seen about looting in Nigeria; that is the truth. Buhari is restrained by the international community because if he opens his mouth to say what happened in the Nigerian National Petrol...
Metuh’s Trial: Dasuki Appears In Court, Claims Memory Loss
News

Metuh’s Trial: Dasuki Appears In Court, Claims Memory Loss

Former National Security Adviser Sambo Dasuki claimed he was unable to recall if he had any dealings with former National Publicity Secretary of the Peoples Democratic Party, Olisa Metuh. The Department of State Services (DSS) had been ordered by the Court of Appeal to present Dasuki to testify in defense of Metuh. Dasuki had sought an adjournment of proceedings pending the determination of his case before the Appeal Court challenging the subpoena ordering him to appear in court. According to Punch, Justice Okon Abang, however, threw the application out, saying granting it would be granting an order of stay of proceedings prohibited by the Administration of Criminal Justice Act. Justice Abang said adjoining the case would be staying the “judgment of the Court of Appeal delivere...
Diezani’s Loot Worse Than Abacha’s – Magu
News

Diezani’s Loot Worse Than Abacha’s – Magu

The Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has described the funds allegedly looted by a former Petroleum Minister, Diezani Alison-Madueke, as being worse than those looted by the later military dictator, General Sani Abacha. Magu who made the claim during a courtesy visit to the Punch newspaper’s office in Magoro outside Lagos on Thursday said only 15 percent of the funds suspected to have been misappropriated by Alison-Madueke has been recovered so far. Alison-Madueke, who is in the United Kingdom, is accused of looting several millions of dollars while she was in office. She and some of her associates are being investigated in the UK, the United States and in Nigeria. A court in Nigeria recently ordered the forfeiture of some luxury prope...
Our Role In Spending Of Abacha Loot Limited – World Bank
News

Our Role In Spending Of Abacha Loot Limited – World Bank

President World Bank Group, Dr. Jim Yong Kim, has clarified the role played by the Bank in the spending of recovered loot by the late General Sani Abacha, insisting that it played only a limited role, as “the funds were returned directly from Switzerland to the Nigerian government.” The Bank was responding SERAP’s letter dated April 28 2017, seeking clarifications on its role in the spending of recovered funds stolen by General Sani Abacha. Dr Kim in a letter received by SERAP yesterday said that, “The Bank’s role in this particular case was limited by the design and different from the type of comprehensive audits we can do when funds are spent in projects supported by the Bank.” The letter signed on Dr Kim’s behalf by Rachid Benmessaoud, World Bank Country Director for Nigeria Afric...
Ishaya Bamaiyi: “Nothing Like Abacha Loot, It Is A Media Creation”
News

Ishaya Bamaiyi: “Nothing Like Abacha Loot, It Is A Media Creation”

Former Chief of Army Staff, General Ishaya Bamaiyi, yesterday, said that Late Gen. Sani Abacha, was not the corrupt leader he was said to be and that the concept of “Abacha Loot” was a media creation. He made excuses for Nigerian funds stashed in foreign countries by the Gen. Abacha government, saying that it was because of the challenges the nation had with Western countries, at the time. He spoke during a public presentation of his book, “Vindication of Abacha” which represents a spirited attempt to present Late Gen. Abacha in good light, in Abuja. Gen. Bamayi noted that President Mohammadu Buhari was part of the Abacha government which was why foreign governments were reluctant to listen to him on the request to return funds stashed abroad by the Abacha regime. He said, “If yo...
Celebs

‘If The Homes & Hiding Places of Ex Govt Officials Are Raided Across This Country, I Bet Over $10 Billion Will be Recovered’ – Ali Baba

Ace comedian, Alibaba took to social media to write on ex government officials. Why will the exchange rates not go up? Besides the consequences of trade imbalance, total dependence on oil revenues, failure to develop local industries, poor and untapped tourism sector, Niger Delta issues, poor states that only take but can't contribute to Federal Accounts... the other reason is corruption. I was gisting with a very wealthy Nigerian at a birthday party in 2012 and he predicted that dollar will rise to N550. I had a good laugh. He said "shey o fe bet ni? I told Alhaji too, he was arguing with me." You can imagine how I felt when I heard dollar was at N498. I place a call to him. How did you know this would happen back then? He said the first reason is this BVN and uniform banking numbers. Ma...
EFCC Seals Off Abuja Office of Company That Sold Lt. Buratai his Dubai Properties
Scandals and Rumours

EFCC Seals Off Abuja Office of Company That Sold Lt. Buratai his Dubai Properties

As part of the ongoing probe of the laundering of over $200billion loot in the United Arab Emirates (UAE) by former political office holders, operatives of the EFCC today, July 13th 2016, stormed the office of a Dubai property firm, The First Group Company, in Abuja. According to Sahara Reporters, the real estate development company located on the seventh floor of the Bank of Industry building of the Central Business District, Abuja, is same one featured in its investigations into the alleged properties belonging to Army Chief of Staff Tukur Buratai. The EFCC team raided the company’s seventh-floor office after obtaining a search warrant. The company is also being investigated for allegedly defrauding unsuspecting Nigerians by luring them to invest in real estate in Dubai. A prom...

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