News Desk Thursday, November 8, 2007

FG Revokes Yar’Adua, Ex-Govs’ Land in FCT

The Federal Executive Council (FEC) yesterday revoked titles of plots of land belonging to President Umaru Musa Yar'Adua, former governors of Kaduna, Zamfara and Plateau states, Mohammed Makarfi, Ahmed Yerima, and Joshua Dariye respectively and other prominent Nigerians. MORE>>>


French Court Jails Etete

A French court yesterday sentenced in absentia former Minister of Petroleum, Dan Etete, to three years in prison and a fine of 300,000 euros ($440,000 ) for money laundering. The Paris criminal court also issued an arrest warrant for Etete, who served as Petroleum Minister under Late General Sani Abacha from 1995 to 1998, and is currently living in Britain. MORE>>>

A-G Stops Asuni's Trial Over Espionage

The Attorney-General of the Federation, Chief Michael Kaase Andoakaa (SAN) yesterday ordered the immediate stoppage of the on-going trial of an American cum Nigerian woman, Judith Asuni. Asuni is standing trial before a Federal high court, Abuja for conspiracy and espionage. MORE>>>

N70b Textile Fund - Obasanjo Issued Dud Cheque

The much celebrated N70 billion textile fund, which was initiated by former President Olusegun Obasanjo as an emergency fund to rescue the ailing industry, has become a big fraud. MORE>>>

PDP, Kupolokun, Obaseki may appear in US court - Over N750m bribery allegation - FG to probe top officials

TOP functionaries of the Peoples Democratic Party (PDP) and former Group Managing Directors of the Nigerian National Petroleum Corporation (NNPC), Mr. Gaius Obaseki and Mr. Funso Kupolokun, may be subpoenaed as possible accomplices in a $6 million (N750 million) bribery allegation. MORE>>>