Why Buhari s government is losing the anti-corruption war theconversation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theconversation.com Daily Mail and Mail on Sunday newspapers.
The sum of $919,202.07 (N348,379,453 at official exchange rate of N379) has been permanently forfeited to the Federal Government by the Federal High Court, Port Harcourt.
The money was fraudulently kept in an interest yielding bank account set up since 2014 by some staff of the Federal High Court, Port Harcourt.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) had accused the Chief Registrar, the Deputy Registrar of the court, and the Station Road, Port-Harcourt Branch of Union Bank of Nigeria of conspiring to hide the loot.
The money was discovered after the ICPC received a petition against some officials of the court for alleged violation of ICPC Act 2000.
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Published 17 February 2021
“ A strong WTO is vital if we are to recover fully and rapidly from the devastation wrought by the COVID-19 pandemic. Our organisation faces a great many challenges but working together we can collectively make the WTO stronger, more agile and better adapted to the realities of today.”
– Newly-appointed Director-General of World Trade Orgnisation, Dr. Ngozi Okonjo-Iweala of Nigeria, on Monday, Feb. 15, 2021
Dr. Ngozi Okonjo-Iweala’s meritorious appointment on February 15, 2021 as the first female, first African Director-General of the 26-year-old Geneva-based World Trade Organisation is commendable and noteworthy. The WTO General Council agreed by consensus on Monday to select the two-term former Minister of Finance of Nigeria as the organisation’s seventh DG with effect from March 1, 2021. Her term, renewable, will expire on August 31, 2025.