Court Gives EFCC Deadline To Extradite Diezani From UK

Hamilton Nwosa
Writer

Ad

Oil Prices Slip After API Reports Unexpected Inventory Build

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the week ending August 22. Analysts had expected a 3.4-million-barrel draw. So far this year, crude oil inventories are up 7.4 million barrels, according to Oilprice calculations of API data. Earlier this week, the Department of…

Tinubu departs Abuja for Europe on 10-day working vacation

By Obinna Uballa President Bola Tinubu on Thursday has departed Abuja for Europe to begin a 10-day working vacation, the State House has announced. According to a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President will spend the period between France and the United Kingdom, respectively.…

How AfDB-backed fish farming transforms lives in Cameroon

By Obinna Uballa A major fish farming initiative in Cameroon is driving economic transformation and improving food security, thanks to the introduction of a new strain of African catfish (clarias) under the Livestock and Fish Farming Value Chain Development Project (PD-CVEP). The €84 million project, financed by the African Development Bank (AfDB) and implemented by…

Ad

A Federal High Court sitting in Abuja has given the Economic and Financial Crimes Commission until March 2020 to have a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke extradited to Nigeria from the United Kingdom.

The commission had in November 2018 filed a 13 count charge of money laundering against the former minister accusing her of unlawfully taking into her possession the sums of $39.7m and N3.32bn with which she allegedly bought choice properties in Abuja, Lagos and Port Harcourt in Rivers State, while she was in office as Minister of Petroleum Resources.

At the resumed hearing of the suit, Justice Ijeoma Ojukwu threatened to strike out the money laundering case should the anti-graft agency fail to produce the defendant in court by March 2020.

The prosecuting counsel, Mister Faruk Abdullah, had earlier on pleaded with the judge to adjourn the case indefinitely on the grounds that the EFCC was facing challenges in its bid to extradite the defendant from the United Kingdom.

Missus Diezani has been in the United Kingdom facing corruption investigations since 2015 when she left office as minister.

Ad

X whatsapp