Connect with us


Latest Trending News

Olukoyede seeks return of Nigeria’s stolen assets, hands over proceeds to U.S.

Published

ec7d2ccc d2dd 47b9 859b dda7e02d6829

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has appealed for the repatriation of proceeds of crimes belonging to Nigeria, held by some countries of the world.

Olukoyede appealed on Friday in Abuja during the handover of recovered proceeds of crime to the embassies of Spain, Switzerland and the United States of America on behalf of the victims.

According to him, the handover of the items to the victims is in line with the commitment of the Federal Government to international cooperation and synergy.

ALSO READ: EFCC arraigns Chinese, Filipinos, others for plot to destabilise Nigerian economy

Advertisement

The EFCC boss said it was also to prove to the world that Nigeria was not a haven for financial crimes.

We are doing this to demonstrate to the countries involved that it is within the confines of an international treaty, legal process and convention.

Once properties or assets are recovered on behalf of a country, it is important to expedite action for restitution.

We are demonstrating this to the world, and we expect that the rest of the world will also reciprocate the same gesture towards Nigeria.

We are using this opportunity to appeal to those countries that are holding the proceeds of crimes, recovered on behalf of Nigeria not to continue to sit on those assets, he said.

Olukoyede said the assets were properties of Nigeria, adding that, within the purview of the law, a recipient of proceeds of crime that sit over it is an accessory to the crime.

EXPLORE: You defend corrupt leaders yet complain about corruption – EFCC chairman slams Nigerians

The EFCC boss said it was important to note that once the proceeds of crime were recovered, the most responsible thing to do was to restitute the victims.

Representatives of the embassies who received the items on behalf of the victims commended the EFCC for the gesture.

Advertisement

The Acting Ambassador of Spain to Nigeria, Maria Velasco, said the handover of the recovered assets was a demonstration of the long-standing collaboration between Nigeria and Spain.

FURTHER READING: EFCC arrests man who allegedly scammed 139 Australians through rogue crypto platform


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Trending News

BREAKING: Pandemonium as explosion rips through trans-Niger pipeline in Rivers

Published

on

a9d42ef3 c599 469c b887 34afa31ddf95 scaled

A powerful explosion rocked the Trans-Niger Pipeline at Bodo, Gokana Local Government Area of Rivers State late Monday night, sending flames into the night sky near the ongoing Bodo-Bonny Road construction site.

The cause of the explosion remains unknown, but the affected section of the major oil pipeline is currently ablaze.

Authorities have yet to confirm whether the incident resulted from human interference, though concerns are rising amid recent threats from militant groups to target oil installations in the region.

READ ALSO: Fire destroys millions-worth goods at popular Lagos market

Residents reported hearing a loud blast before spotting flames billowing from the pipeline.

Advertisement

“The fire is still raging, and people are worried about the potential impact on the community and the environment,” a local source said.

The Trans-Niger Pipeline, a critical oil transport route, has previously been a target for sabotage and illegal bunkering, leading to environmental damage and economic losses.

READ ALSO: Tanker explosion in Ibadan claims driver’s life, injures one

The latest explosion has raised fears of renewed attacks on energy infrastructure in the Niger Delta.

READ ALSO:

Advertisement

Officials and emergency responders are expected to assess the damage and determine the cause of the explosion.

Meanwhile, security agencies have been put on high alert to prevent further incidents.

The blast underscores the fragile security situation surrounding Nigeria’s oil infrastructure, with stakeholders calling for increased protection of critical energy assets.


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading

Latest Trending News

Sisters, earn your money and respect. It’s not every Rod that must enter your Jerusalem – Akwa Ibom Revenue Board boss advises women

Published

on

cover1 1742284158

Executive Director of the Akwa Ibom State Internal Revenue Service (AKIRS), Leo Umana, has advised women to earn their own money and respect.  Sisters: Have your own money. It’s not every Rod that must enter your Jerusalem. Earn your money and respect, he wrote in a Facebook post on Monday.  cover1 1742284158  The post Sisters, earn your money and respect. It’s not every Rod that must enter your Jerusalem – Akwa Ibom Revenue Board boss advises women appeared first on Linda Ikeji Blog.


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading

Latest Trending News

Tinubu ‘planted his men everywhere’ for 2027 – APC chieftain Joe Igbokwe

Published

on

2123faa6 ea0b 40b4 a6a0 a01f21f5c5be

A chieftain of the All Progressives Congress (APC), Joe Igbokwe, has claimed that President Bola Tinubu has strategically positioned key allies across various sectors to secure his re-election in 2027.

In a post on his official Facebook page on Monday, March 17, Igbokwe asserted that Tinubu began planning for a second term even before assuming office.

He expressed confidence that opposition candidates would struggle to defeat the president.

“The truth is that those who want to challenge PBAT in 2027 are not as smart as he is,” Igbokwe wrote.

“Before he even stepped into Aso Villa, he had started planning for 2027. His challengers may not know that the Apamaku (master strategist) had already planted his men everywhere.”

Advertisement

His statement comes amid allegations from opposition figures that Tinubu is deliberately causing internal crises within rival political parties to weaken any challenge to his rule.

Former Vice President Atiku Abubakar has accused the ruling APC of orchestrating leadership struggles within the Peoples Democratic Party (PDP) and Labour Party (LP).

According to Atiku, these alleged interferences are part of a broader strategy to suppress political opposition ahead of the next general elections.

While the presidency has not officially responded to these claims, political analysts say the growing tensions suggest an intense battle ahead for Nigeria’s 2027 elections.

Advertisement

Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading