FG Uncovers Fresh ₦3.2tr Abacha Loot

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Billions of dollars stashed away in foreign bank accounts by the late military dictator, Gen. Sani Abacha, may far exceed the already established $5 billion, as a Special Investigation Panel (SIP), tracing what has now become ‘Abacha loot,’ has stumbled on fresh clues indicating that the stolen funds still trapped in offshore accounts stand at over 

 ₦3.2 trillion.

A competent source close to the panel, whose office is in the presidency told Saturday Sun that about four different meetings between the SIP team headed by a retired senior military officer and a Switzerland-based lawyer, Enrico Monfrini, hired by the Federal Government to assist in the recovery of the Abacha loot in foreign jurisdictions, had taken place outside the country in the last eight months.

SSS Uncovers Iranian Terror Cell In Lagos

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The State Security Service said in Abuja on Wednesday that it had uncovered a terror network, coordinated by Iranians, in Lagos.

The SSS said this while parading a leader of an Islamic sect, Abdullahi Berende, and two others said to be operators of the Iranian terror cell gathering information about Israelis and Americans living in Nigeria.

Paraded alongside 50-year-old Berende were Sulaiman Saka and Saheed Adewunmi. The three were said to be working for Iranian terrorists planning to attack Americans and Israelis in the country.

A third suspect, Bunyamin Yusuf, is said to be at large.

Berende who is said to be a leader of the Shi’a Islamic sect in Ilorin, Kwara State, told journalists that he was employed by “people who were ready to capitalise on my weakness,” though he denied being part of a terrorist network.

Investigation Uncovers How Diezani Madueke Runs Oil Ministry From Her Living Room

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Nigeria’s controversial oil minister Diezani Alison-Madueke’s management style, which is disrupting the governance structure of the Nigerian National Petroleum Corporation, NNPC, is causing concern in the state oil giant and the industry, a joint investigation by the International Centre for Investigative Reporting   and PREMIUM TIMES has shown.

The powerful oil minister has rendered some administrative structures and personnel, including the position of permanent secretary, redundant with her penchant for using personal assistants in her office to conduct high level official duties.