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The tremendous importance of owning a perfect piece of clothing

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Published

7 years ago

June 29, 2017

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Photo: Shutterstock

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Related Topics:Closet Clothing fashion Featured Spring

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Nigeria Air: EFCC Arrests Ex-Buhari’s Minister Over N8bn Fraud

Published

2 hours ago

April 23, 2024

Editor

The Economic and Financial Crimes Commission, EFCC has arrested Hadi Sirika, Minister of Aviation under former President Muhammadu Buhari’s administration over an ongoing N8 billion money laundering probe of Nigeria Air.

Vanguard gathered that Sirika arrived at the Federal Capital Territory Command of the EFCC at about 1:00 pm on Tuesday.

Sirika is currently being quizzed by the EFCC investigators over alleged fraudulent contracts awarded by him to a company known as Engirios Nigeria Limited, owned by his younger sibling, Abubakar Sirika.

Recall that, in February, EFCC investigated the activities of the Aviation Ministry under Sirika for conspiracy, abuse of office, diversion of public funds, and contract inflation.

Others are criminal breaches of trust and money laundering amounting to N8,069,176,864.00 during Sirika’s tenure in office.

Apart from being listed as the company’s Managing Director and Chief Executive Officer, Abubakar is said to be the sole signatory to the company’s two accounts, domiciled in Zenith and Union Banksy.

It was gathered that the ex-minister’s younger brother, Abubakar Sirika, has been arrested and detained by the commission in connection with N3,212,258,930.18 paid to his company, Engirios Nigerian Limited’s, bank account by the former minister.

It was noted that there is no trace of work done on any of the contract items to date.

Sirika was arrested Sunday February 4 to assist the commission in its probe of the Aviation Ministry’s financial expenditures during his tenure.

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BREAKING: EFCC Freezes Over 300 Accounts Over Suspicious FX Flows

Published

3 hours ago

April 23, 2024

Editor

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says the anti-graft agency has discovered another worse scheme other than crypto trading platform Binance and its system.

He said the agency has frozen about 300 accounts to ensure the safety of the foreign exchange market.

The scheme popularly called the “P to P” peer- peer financial trading scheme has operated outside the official banking and financial corridors and there was a looming disaster that could further crashed the Naira value that has continued to gain.

“There are people in this country doing worse than Binance,” he said, adding that over $15bn passed through one of the platforms in the last one year, outside the financial regulations.

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BREAKING: EFCC Chair Vows To Follow Yahaya Bello’s Prosecution To Conclusion

Published

3 hours ago

April 23, 2024

Editor

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has sworn to follow the prosecution of former Kogi State Governor, Yahaya Bello, to logical conclusion.

In a chat with journalists at the EFCC Headquarters in the Jabi area of Abuja on Tuesday, the anti-graft chairman vowed that all those who obstructed the arrest of the former governor would be brought to book.

He said that no matter what anyone does or the amount of attack against the anti-graft agency, he and his men will not relent in helping to sanitise the country.

Olukoyede said the EFCC needs the support of Nigerians to succeed as he emphasised that if the agency fails, Nigeria fails. He stated that the efforts made currently has helped the value of the Naira and the foreign market.

More to follow…