Sentences with phrase «n32bn arms fund»

EFCC, Dasuki Oppose Application A major twist has crept into the prosecution of the alleged $ 2.1 b arms fund diversion charges as former Sokoto State...

Justice Hussein Baba - Yusuf of Federal Capital Territory (FCT) High Court has granted fresh bail to former National Security Adviser (NSA) Col. Mohammed Sambo Dasuki (Rtd) who is re-arraigned before the court on the alleged arms fund diversion.

A major twist has crept into the prosecution of the alleged $ 2.1 b arms fund diversion charges as former Sokoto State Governor, Attahiru Dalhatu Bafarawa, his son Sagir Attahiru and their family company, Dalhatu Investment Ltd have applied for a separate trial from former National Security Adviser, retired Colonel Sambo Dasuki.

The EFCC had last week Tuesday allegedly frozen Fayose's account numbers 1003126654 and 9013074033 in Zenith bank for alleged money laundering running into N1.2 billion being money allegedly taken from the $ 2.1 billion arms fund in the office of the former National Security Adviser, Col. Bello Dasuki.

The money was allegedly linked with the $ 2.1 billion arms fund believed to have been mismanaged by former National Security Adviser, Sambo Dasuki.

Anenih had on his own last writing to inform the EFCC that N260 million was paid into his bank account from the Office of the National Security Adviser, ONSA, explaining further how he shared the money, which was believed to have come from the alleged arms fund.

For instance, the scandalous arms funds squandering by the people who were saddled with the task of providing protection is sad.

Metuh has been held by the EFCC since January 5, 2016, where he is being questioned following his complicity in the diversion and sharing of the $ 2.1 bn arms funds by a former National Security Adviser, Sambo Dasuki.

Dasuki whose trial was up for hearing before the court since Wednesday is being prosecuted on19 counts of diversion of N32bn arms fund, along with a former Director of Finance and Administration in the Office of the NSA, Shuaibu Salisu and a former Director of the Nigerian National Petroleum Corporation, Aminu Baba - Kusa.

Dasuki is equally facing another trial before the court on 19 counts of diversion of N32bn arms fund, along with a former Director of Finance and Administration in the Office of the NSA, Shuaibu Salisu and a former Director of the Nigerian National Petroleum Corporation, Aminu Baba - Kusa.

The trial of former National Security Adviser (NSA) Colonel Mohammed Sambo Dasuki in the alleged diversion of $ 2.1 b arms funds is facing a fresh delay as...

However, counsel to the Economic and Financial Crimes Commission, EFCC, Rotimi Jacobs, SAN, told the court that «Bafarawa, his son and their family company, Dalhatu Investment Limited, were properly joined with Dasuki, Bashiru Yuguda and Shuaibu Salisu for their joint roles in the diversion of $ 2.1 billion arms funds»

He noted every well - meaning Nigerian is of the hope that all those involved in the mismanagement of the arms fund will receive full retribution.

On December 21, Justice Peter Affen granted bail to Dasuki and his co-defendants with respect to another sent 22 counts of misappropriation of about N13bn, which was part of the arms fund, in the sum of N250m with two sureties in like sum.

Barely a month after the demise of his father and former Sultan of Sokoto, Alhaji Ibrahim Dasuki, the Federal Government on Wednesday arraigned retired Colonel Sambo Dasuki, former National Security Adviser before the FCT High Court for trial in the alleged $ 2.1 bn arm fund misappropriation but the trial was however put off to January 25, 2017 by the Court.

The governor stated that the anti-corruption commission had shifted attention to the finances of Ekiti State after what he claimed to be the failure of the commission to link him with the diversion of arms funds at the NSA's office under Dasuki.

The list mostly contained the names of PDP officials alleged to have got millions and billions of naira from the office of the former National Security Adviser, Sambo Dasuki, who is on trial for allegedly sharing a $ 2.1 bn arms fund among government officials during the Jonathan regime.

The case scheduled to come up before the court on Wednesday was one the two relating to diversion of arms funds instituted against Dasuki and others by the Economic and Financial Crimes Commission.

Late 1991 - early 1993: The adjustable - rate mortgage market, fueled by demand from ARM funds, overbids for ARMs in an effort to provide a high floating rate yield.

We're proud to announce that the Healthy Paws Foundation, our charitable arm funded through customers receiving quotes, and the Human Animal Bond Research Institute (HABRI) have joined forces!

ARM funds lots of «in field» studies; the experimentalists tend to collect at the same meetings.

Not exact matches

Culture Trip, an online travel magazine, raised $ 88 million in a series B round of funding led by the venture arm of PPF Group, a Netherlands - based conglomerate.

The venture arm, which just raised $ 36 million for its debut fund, acts more as a traditional investment vehicle.

Boeing's venture capital arm invested outside the U.S. (again), putting funds behind a space company (again).

• BBH Capital Partners, the private equity arm of Brown Brothers Harriman & Co., raised $ 250 million in funding.

Both included sizable contributions from OMERS Ventures, the VC arm of the Ontario municipal pension fund.

• Viela Bio, which spun off from MedImmune, the global biologics research and development arm of AstraZeneca, raised $ 250 million in funding.

Some entrepreneurs prefer not to seek outside funding, opting to bootstrap — but the majority of startups would welcome funding with open arms if they knew how to secure it.

• NBK Capital Partners, the Dubai - based private equity and real estate investment arm of Watani Investment Company, raised $ 75 million for its real estate fund.

«You can't just sit back and enjoy the moment you have,» says John Ruffolo, CEO of OMERS Ventures, the venture arm one of Canada's leading pension funds.

Increasingly, there's a new technological race in which hedge funds and other well - heeled investors armed with big - data analytics instantly analyze millions of Twitter messages and other non-traditional information sources to buy and sell stocks faster than smaller investors can hit «retweet.»

• Ofo, a Beijing - based bike - sharing company, raised an undisclosed amount in funding, from Alibaba's financial arm, Ant Financial, according to TechCrunch.

• Purely Elizabeth, a Boulder, Colo. company that sells natural foods, including granola, oatmeal, muesli and cereal, raised $ 3 million in funding from 301 INC, General Mills» (NYSE: GIS) VC arm.

• D's Naturals, a Cincinnati - based healthy snacking startup, raised an undisclosed amount in funding from 2x Consumer Products Growth Partners and 301 Inc, General Mills» (NYSE: GIS) venture arm.

Matrix, meanwhile, was labouring under a working capital shortfall, which in 2013 forced it to sell off its institutional and mutual fund arms.

Tyson New Ventures already made an investment in plant - based food startup Beyond Meat, which also scored funding from General Mills» VC arm 301 Inc. «The reason Beyond Meat made sense to us is because we are focused not only on animal protein, but protein overall,» Hayes said.

The investors include ARM Innovation Ecosystem Accelerator Limited, a subsidiary of Softbank, X Technology Fund and Tin Fu Fund.

Quantopian, which has members around the world building their own automated trading platforms, was first promised some $ 250 million in funding by the the venture capital arm of Cohen's family office, Point72 Ventures, back in July.

The girl statue was commissioned by State Street Global Advisors, the fund management arm of Boston - based State Street, to call attention to the role of women in corporate America and its «gender diversity index» fund.

They have received funding from Intel's venture arm among others to the tune of $ 6.3 million.

Caspersen, a 39 - year - old former managing director at PJT Partners» private - equity arm, Park Hill Group, was arrested in March and accused of defrauding a hedge - fund - affiliated charity and an employee of the same hedge fund.

The fund used to handle marketing for all Yum brands in Canada, but turned over the duties last year as costs mounted and Yum strengthened its international marketing arm.

3D printing startup Carbon3D has raised $ 100 million in a funding round led by Google's venture capital arm.

The new fund comes after Samsung (ssnlf) changed the name of its startup investment arm from the Samsung Global Innovation Center, and opened a Tel Aviv office in September.

The startup has raised a little under $ 40 million in funding with backing from Alphabet's venture capital arm GV, among others.

They include: Acre Venture Partners, a fund that invests on behalf of Campbell Soup; Kleiner Perkins Caufield & Byers; GV (Google's venture arm); and DBL Partners.

SAIL Venture Partners, the early - stage venture arm of SAIL Capital Partners, and Stifel Nicolaus Canada Inc., have set up a $ 100 - million fund to invest in companies that have developed innovative products ready for market.

The fund's top players sit around a white conference table, armed with Apple laptops and pastel - colored cans of La Croix.

They sealed the deal, and the fund's early - stage - investing arm, FF Angel, invested.

In late March, HP Enterprise's investment arm led a $ 73.5 million funding round for the data center software startup Mesosphere.