Nigerian Leaders Stole N3tn Between 2000 And 2010 — Report

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A Washington-based research and advocacy organisation – Global Financial Integrity in its newly published report, has said out of the 20 biggest exporters of illicit financial flows for decades, Nigeria sits in the 7th position with $19.66bn (N3.047tn).

Not unsurprising to say the least, the report said Nigeria, termed the 7th biggest money launderingcountry in the world, exported N3tn by leaders who had access to the nation’s money between 2000 and 2010.

Co-authored by GFI’s Lead Economist, Dev Kar, and GFI’s Economist, Sarah Freitas, the report is the first by the organisation in incorporating a new, more conservative estimate of illicit financial flows.

Henry Okah Found Guilty of 2010 Independence Day Bomb Attack

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The sentence includes a life jail term. The sentence will be carried out on January 31^st or February 1^st. The judge however gave Okah room for mitigation. Okah is accused of masterminding two car bombings in Abuja on October 1 in 2010.

12 people were killed and 36 were injured. He was arrested in Johannesburg the following day. Okah was allegedly the leader of the Movement for the Emancipation of the Niger Delta (MEND), that claimed responsibility for the blasts. He was charged with engaging in terrorist activities, conspiracy to engage in terrorist activity, and delivering, placing, and detonating an explosive device.