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Money leaving Nigeria, Africa through Illicit financial flows now at $90bn — ICPC

Senator Iroegbu and Godsgift Onyedinefu  The Chairman of the Independent Corrupt  Practices and other related offences Commission (ICPC), Prof. Bolaji Owasanoye, on Thursday disclosed that the amount of money leaving Africa, especially Nigeria through Illicit Financial Flows (IFFs) is now estimated at $90 billion and is still growing. "Indeed a report on

Like terrorism, Osinbajo wants global outrage against illicit financial flows

•Calls for sanctions against countries encouraging IFF Senator Iroegbu The Vice President, Prof. Yemi Osinbajo has called for global outrage against Illicit Financial Flows (IFF), similar to the treatment against drugs peddling, human trafficking and terrorism. He made this call on Tuesday in Abuja at the opening of the 2nd International Conference

How MTN, IMNCs are ripping off Nigeria through IFF- Prof. Owasanoye (Interview)

Editor's note: The Executive Secretary of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Bolaji Owasanoye, spoke extensively on how International Multinational Corporations (IMNCs) and their collaborators are ruining Nigeria's economy and development through Illicit Financial Flows (IFF), citing the ongoing MTN saga as a perfect example. Owasanoye argued that

MTN: Multinationals, collaborators loot more than Nigerian politicians- Presidency

•Why FG's anti-corruption war is now targeting MTN, others  •Nigeria allegedly loses over $50bn annually to IFF Senator Iroegbu  The Presidential Advisory Committee against Corruption (PACAC) has stressed that the International Multinational Corporations (IMNCs), their local and foreign collaborators constitute 70 percent of the looting and all corruption incidents overwhelming Nigeria as well

Itse sagay says Obasanjo behind APC defections

Chairman, Presidential Advisory Committee Against Corruption, PACAC, Prof Itse Sagay, has accused former President Olusegun Obasanjo of having a hand in the crises rocking the ruling All Progressives Congress, APC. Sagay noted that the defectors from the ruling APC to the opposition Peoples Democratic Party, PDP, including the Senate President, Bukola

War against corruption cant be won in a jiffy – Osinbajo

•Corruption well and alive under Buhari- Sagay •Blames lawyers, accountants, bankers   Jude Johnson      The Vice President, Prof. Yemi Osinbajo, has lamented that anti-corruption war is hard and takes time to achieve significant success. He however,  warned that the federal government will not tolerate any of its official who wants to sustain corruption in the

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