N5 Trillion Stolen Under Johnathan – Investigations

N5 Trillion Stolen Under Johnathan – Investigations by Afolabs101: 11:24am On Nov 26

Over N5tn in government funds have been stolen through fraud, embezzlement and theft since President Goodluck Jonathan assumed office on May 6, 2010, a SUNDAY PUNCH investigation has found.

Our correspondents arrived at the stolen sum after poring over the reports of the various committees set up by the President to probe some sectors of the economy, particularly oil and gas. SUNDAY PUNCH also relied on disclosures by some senior government officials. Continue reading “N5 Trillion Stolen Under Johnathan – Investigations”

N5 TRILLION NAIRA IN TWO YEARS: CPC, Civil Rights Groups knock Jonathan

27 Nov, 2012

Civil rights groups and the Congress for Progressive Change on Monday took a swipe at President Goodluck Jonathan over the rising level of corruption in his administration.

The groups, comprising the Voters Assembly and Coalition Against Corrupt Leaders, stated this while reacting to a story published by Sunday PUNCH. Continue reading “N5 TRILLION NAIRA IN TWO YEARS: CPC, Civil Rights Groups knock Jonathan”

Groups, Presidency Disagree On N5tn Looted Under Jonathan

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and the Congress for Progressive Change on Monday took a swipe at President Goodluck Jonathan over the rising level of corruption in his administration.

The groups, comprising the Voters Assembly and Coalition Against Corrupt Leaders, stated this while reacting to a story published by Sunday PUNCH. Continue reading “Groups, Presidency Disagree On N5tn Looted Under Jonathan”

CACOL Against Death Penalty For Corrupt Persons

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on November 21, 2012 in News, Business and Politics Leave a comment

 

The Coalition Against Corrupt Leaders, CACOL, has said that it is opposed to capital punishment for corruption offenders as proposed by some section of the country.

CACOL Chairman, Debo Adeniran argued that death penalty is barbaric and a denial of the offender’s right to life.

“Such penalty presupposes that neither the accusers nor the trial judge could make mistakes. And if it turns out that a mistake was made while the culprit

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He advocated life jail for corruption convicts and forfeiture of properties to the state.

“As much as we’re worried about the recalcitrance of corruption culprits in Nigeria, death penalty cannot solve the problem. It would reduce the frequency no doubt, but corruption criminals may become more brazen in their game. They will steal so large so they’ll feel comfortable

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dying for their progeny to remember them to have made eternal wealth for them,” Adeniran said

—Simon Ateba

CACOL OPPOSES DEATH PENALTY FOR CORRUPTION OFFENDERS

Corruption: Rising rage and calls for death penalty

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The public hearings on constitution amendment across the country have once more shown that Nigerians are in unison on the need to alter several sections of the nation’s law book as there is a general belief that the 1999 Constitution as amended was foisted on the people by the military.

However, while most contentious issues such as demand for new states, true federalism, state police, local government autonomy and tenure of elected public officers have dominated debates among the people, none of them has stirred controversy like the proposal by the pan Northern group, Arewa Consultative Forum (ACF) for death penalty against corruption. Continue reading “CACOL OPPOSES DEATH PENALTY FOR CORRUPTION OFFENDERS”

Dont Dump Ribadu’s Report – CACOL Warns FG

 

 

The Coalition Against Corrupt

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Leaders (CACOL) has warned the federal government against dumping the report of the Petroleum Special Task force headed by the former

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Chairman of EFCC, Mallam Nuhu Ribadu.

Speaking on behalf of the coalition, its Executive Chairman, Debo Adeniran, noted that the melodrama that played out between Mallam Nuhu Ribadu, the chairman of the Task force, and Steve Oronsaye, the deputy chairman with Bon Oti a member of the Task force is a pointer to what might become the fate of the report. Continue reading “Dont Dump Ribadu’s Report – CACOL Warns FG”

Groups flay power-drunk Lagos CP

November 21, 2012 by Simon Utebor

Lagos State Police Commissioner, Mr. Umar Manko

Rights group, Masses United Against Brutality and Rights Violation, has called for the removal of Commissioner of Police, Lagos State Command, Mr. Umar Manko, for harassing a PUNCH journalist, Mr. Kunle Falayi.

In a statement on Tuesday by MUABRF, entitled, ‘Incessant Police brutalities: Remove Manko as Lagos CP now’, the group condemned Manko for ordering the reporter out of a press conference.

Coordinator of MUABRF, Mr. Mark Adebayo, said it was especially disturbing when senior police officers were involved in inhuman practices. Continue reading “Groups flay power-drunk Lagos CP”

Insecurity: Both FG, States have lost focus -Debo Adeniran

$620,000 oil subsidy probe scam: An evolving regime of vicious circle of corruption

Monday, 05 November 2012 18:01

SUNDAY ODIBASHI

•Government officials are sacred cows of corruption– Fasehun

NEW questions are beginning to arise in the polity over the credibility of legislation by members of the National Assembly. This is not unconnected with the perceived inaction of government over the controversial $620,000 (about N96.1 million) monetary deal which exchanged hands between Farouk Lawan, former Chairman of the Ad Hoc Committee of the House of Representatives that investigated the oil subsidy fraud and Femi Otedola, Chairman of African Petroleum (AP) and Zenon Oil, in a $3 million (about N465 million) deal to doctor the House report and exonerate Otedola’s firms from indictment in the subsidy fraud investigation. Our investigation revealed that stakeholders in the Nigerian project have lost confidence in the Federal Government in the fight against corruption. They are of the consensus that state actors are more imbued with obsession for kleptomania than commitment to good governance that would promote socio-economic growth and development which would ameliorate the living standards of Nigerians.  Several stakeholders have articulated that the Nigerian State has become an empire of corruption providing breeding ground for venal political actors. The Farouk/Otedola scandal was widely celebrated across the country and in the international community, giving currency to the rising profile of corruption in government. A deal of $3 million (about N465 million) was admitted by both parties to have been struck; Otedola made $500,000 part payment to Farouk Lawan, proceeded further to invite the Clerk of the Committee, Boniface Emenalor, whom he gave $100,000 to ensure he was not indicted in the investigation of about N2.7 trillion purported subsidy fraud looted from the national treasury. The balance was anticipated to be paid after the assignment had been performed.  Jagaban Adams Jagaban, Chairman, House Committee on Drugs and Financial Crimes, at a point, was dragged into the scandal as the keeper of the $500,000 given to Farouk Lawan.  There were manifestations that the deal was almost successful. The Report was  formally presented to the House and Continue reading “Insecurity: Both FG, States have lost focus -Debo Adeniran”