corruption – Page 2 – City Business News

April 23, 2021 No Responses

Commonwealth Unveils Benchmarks To Help Countries Fight Corruption

A landmark set of measures to support international efforts in tackling corruption has been launched by the Commonwealth Secretariat. The Commonwealth Anti-Corruption Benchmarks are designed to help governments and public sector organisations assess laws, procedures and actions against international good practice and...

March 18, 2021 No Responses

Italian Court Acquits Eni, Shell In Nigeria Corruption Case

An Italian court has cleared two global oil giants, Eni and Shell, over allegations of corruption in Nigeria. The long-running case centred around the $1.3bn (£936m) purchase of an offshore oil block in 2011. Prosecutors had alleged that the majority...

December 15, 2020 No Responses

Maersk To Face Prosecution Over Alleged Corruption

Brazilian prosecutors have filed a civil lawsuit against Danish shipping giant Maersk, alleging corruption schemes in relation to securing shipping contracts with the state-owned oil giant Petrobras. According to Reuters, the Brazilian prosecutors filed the la...

February 1, 2020 No Responses

Corruption: Airbus To Pay €1billion

Airbus will pay nearly €1bn (£840m) to settle corruption cases with UK authorities. The deal follows a lengthy investigation by the Serious Fraud Office (SFO) into the aircraft maker’s use of middlemen to secure plane deals. The settlement is part...

September 2, 2019 No Responses

Stakeholders Seek Collective Effort To End Corruption

Seeking the way forward in the fight against corruption and insecurity dominated the discussion at a one day conference organized by Scroll Report Online paper, in Sheraton Ikeja, Lagos on August 29. All the speakers including security experts called for...

February 11, 2019 No Responses

Corruption Threatens Nigeria And Its Election

By Muhammadu Buhari – On February 16th, Nigeria will hold a general election. Four years ago, the country experienced its first democratic transfer of power to the opposition since 1999. The vote in a few days will be no less significant....

February 10, 2019 No Responses

Buhari Reiterates Commitment To Tackle Corruption

President Muhammadu Buhari on Saturday said that his administration would recover all looted public funds and deal decisively with perpetrators of corruption. Buhari made the declaration in Lagos while speaking at the All Progressives Congress(APC) Presidentia...

December 26, 2018 No Responses

Buhari: 2019 Campaign Will Focus On Security, Economy, Fight Against Corruption

President Muhammadu Buhari Tuesday in Abuja said his re-election campaign will focus on the scorecard of his administration in the key areas of security, economy and the fight against corruption. Speaking at a Christmas Homage by residents of the F...

July 3, 2018 No Responses

Nigeria Implores African Leaders On Corruption

The Federal Government has stressed the need for African countries to continue to strengthen anti-corruption laws and enforcement institutions and systems. The Minister of Foreign Affairs, Geoffrey Onyeama, made the call at the just concluded 33rd Session o...

June 27, 2018 No Responses

ICPC Recovers 17 Vehicles From Ex-FAAN Officials

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered 17 vehicles from former officials of the Federal Airports Authority of Nigeria (FAAN). The officials left with the vehicles after their retirements or disengageme...

March 17, 2018 No Responses

Jacob Zuma Faces Corruption Trial

South Africa’s former President Jacob Zuma is to face prosecution for 16 charges of corruption relating to a multi-billion-dollar arms deal. The case centres on a 30bn rand ($2.5bn; £1.7bn) deal to modernise the country’s defence in the late 1990s...

February 10, 2018 No Responses

Buhari Approves Retirement, Dismissal of Justices

Following recommendations from the National Judicial Council (NJC), President Muhammadu Buhari has approved the compulsory retirement of Honourable Justice A. F. A Ademola of the Abuja Division of the Federal High Court and the dismissal from office of Honoura...

March 26, 2017 No Responses

‘How to tackle corrupt Vice Chancellors’

To successfully tackle corruption in Nigerian Universities, Vice Chancellors accused of corruption must be arrested and prosecuted by the Economic and Financial Crimes Commission (EFCC), the Senior Staff Association of Nigerian Universities (SSANU), has said A...

February 14, 2017 No Responses

FG will intensify war against corruption, says Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government will intensify the war against corruption to ensure that all those who abused the collective human rights of Nigerians through mindless looting of the treasury are...