Crime and Law
U.S. returns $52.88 million linked to former Nigerian minister
The United States government has officially returned $52.88 million linked to former Nigerian Petroleum Minister Diezani Alison-Madueke, marking a significant step in international anti-corruption efforts.
The recovered funds, traced to forfeited assets connected to Galactica, a company associated with Madueke and her network, were handed over during a formal agreement signing on Friday. The event took place at the Ministry of Justice in Abuja, with U.S. Ambassador Richard M. Mills Jr. representing the American government, while Nigeria’s Attorney-General and Minister of Justice, Prince Lateef Fagbemi, led the Nigerian delegation.
In a joint statement, both governments emphasized that the returned money will be managed with transparency and accountability. The World Bank and the International Institute for Justice (IIJ) will oversee its allocation to ensure it is used for developmental projects that benefit Nigerians. The initiative aligns with global anti-corruption standards, reinforcing commitments to combat financial crimes and promote good governance.
The latest recovery adds to the series of international efforts aimed at retrieving public funds looted during Alison-Madueke’s tenure as Minister of Petroleum Resources, a period marred by multiple corruption allegations and financial scandals.
Akpabio denies involvement in Abbo’s removal from Senate
NYSC announces payment of arrears to corp member
I once tried to woo Bobrisky before realizing he was a man — Portable
Wike denies collapse rumours
Natasha flags off free maternity centre, empowers constituents
UNICEF, CSO, others say malnutrition is a critical public health concern in Nigeria
Like Tinubu, Shettima departs Nigeria
Natasha thanks INEC for upholding justice, mocks ‘EFCC most wanted’ Yahaya Bello, others
Yusuf vows to end decades-long water crisis in Kano
Time will come to think about final against Real Madrid – Hansi Flick
Breaking: Massive protest rocks Abuja over Benue judiciary crisis
Beyond Iftar: A call for meaningful empowerment of Northern youths
Iftar: Inuwa fetes Gombe APC, LG leadership
NSCDC announces fresh recruitment
Address me as APC loyal member, Buhari declares
Tinubu replies corps member who called him ‘terrible president’
APC poisoned my mind against Peter Obi – El-Rufai
JAMB announces 2025 direct entry registration date
NYSC uncertain about ₦77,000 allowance payment
Akpabio speaks on relationship with Natasha amidst allegations
-
National News2 days agoBreaking: Tinubu reshuffles NNPC leadership, appoints new chairman, group CEO
-
Achiever's Profile2 days agoWhat to know about newly appointed NNPC GCEO
-
Politics2 days agoBreaking: Tribunal throws out petition challenging Okpebholo’s election victory
-
Politics2 days agoWhat we will do to Natasha—Kogi govt
-
Entertainment2 days agoDrama as 2face, Natasha Osawaru make appearance at Edo Election Tribunal
-
Politics2 days agoOkaba describes Wike as careless speaker
-
Politics2 days agoAkpabio sponsoring ‘EFCC most wanted person’ to recall me – Sen. Natasha
-
National News2 days agoRecruitment: Army announces vacancies, see how to apply