Sentences with phrase «naira accounts»

Not exact matches

From their current standpoint, what the masses expect from the VP in my views is not the announcement but, a template in place for ensuring «that every dollar / naira in revenue would be properly accounted for and would reach the beneficiaries at the grassroots as one dollar, without being siphoned off along the way; block the areas where discretionary powers had been exploited for personal gains and sharpened the instruments that could prevent, detect or deter such practices».

With the present revelation that several billions of Naira has been discovered in the sitting governor's account, it is a confirmation that the governor is corrupt.

«That you, AVM Olutayo Tade Oguntoyinbo whilst serving as Chief of Training and Operations, Nigerian Air force and the CEO / Managing Director as well as the sole signatory to the account of Spaceweb Integrated Services Limited with Wema Bank, on or about the 11th July, 2014 at Abuja within the jurisdiction of this Honourable Court did accept a gift in the sum of One hundred and Sixty Six Million Naira (N166, 000,000) from Societe D' Equipments Internationaux Nigeria Limited, a contractor with the Nigerian Air force in performance of your official act and you thereby committed an offence contrary to Section17 (a) of the Independent Corrupt Practices and Other Related Offences Act, 2000 and punishable under Section 17 (c) of the same Act».

Mover of the motion, Sen. Babajide Omoworare, prayed that every naira spent by the past government on SURE - P and other poverty alleviation programmes should be accounted for.

«The Suit was filed by two officers of the Movement to prevent the police from arresting them after they were reported for embezzling the sum of N20, 000.000.00 (Twenty Million Naira) from the account of the movement.

As many Nigerians, specifically the participants of the popular Ponzi scheme, Mavrodi Mondial Moneybox known as MMM, are hoping to unfreeze their accounts, the scheme had dump the use of Naira as mode of payment by introducing Bitcoin as the best performing currency.

Meanwhile, the EFCC also produced a Bureau de Change operator, Mr. Kabiru Ibrahim, who helped Metuh to change $ 1 million to its Naira equivalent, and transferred same to his company's account, to testify before the court, yesterday.

Ibrahim told the court that it was the PW - 1, Nneka Ararume, that sold the $ 1 million to him sometime in December 2014, and asked him to transfer the Naira equivalent which amounted to N183 million to the account of Destra Investment Limited.

It was learnt that the airline started paying the foreigners in naira, instead of dollars, to absolve it from the attendant excess cost on account of dollar fluctuations.

He said, «On the report on some government agencies collecting revenue in foreign currencies but remitting to the Federation Account naira equivalent, the Permanent Secretary, Ministry of Finance reported that apart from NNPC, NIMASA and Nigerian Ports Authority, other agencies involved in revenue generating are FIRS, Shippers Council, Airport Authority and Nigerian Immigration Service.

Three witnesses gave accounts of how 30 million naira was allegedly transferred from Mr Agi's corporate account into the personal account of Mrs Ademola.

Obiano said the council also received the report of a committee that investigated government agencies collecting revenues in foreign currencies and remitting into the Federation Account in naira.

The Treasury Single Account, the collapse of the oil market, and the humbling of the naira have in the past year meant that there isn't much for people to steal, but current stealing has never been the issue for this government, as it does not admit of corruption within its ranks.

The charge reads: «That you, AVM Olutayo Tade Oguntoyinbo whilst serving as Chief of Training and Operations, Nigerian Air force and the CEO / Managing Director as well as the sole signatory to the account of Spaceweb Integrated Services Limited with Wema Bank, on or about the 11th July, 2014 at Abuja within the jurisdiction of this Court did accept a gift in the sum of One hundred and Sixty Six Million Naira (N166, 000,000) from Societe D' Equipments Internationaux Nigeria Limited, a contractor with the Nigerian Air force in performance of your official act and you thereby committed an offence contrary to Section17 (a) of the Independent Corrupt Practices and Other Related Offences Act, 2000 and punishable under Section 17 (c) of the same Act».

The NNPC further stated that out of its total naira receipt, N46.54 billion was transferred to Joint Venture Cash Call, JVCC, being a first line charge and to guarantee continuous flow of revenue stream to Federation Account.

He used dollar equivalent of the sum of N1.4 billion (One Billion, One Hundred Million Naira) from the accounts of the Nigerian Air Force to purchase a mansion situated at No. 6, Ogun River Street, Off Danube Street, Maitama, Abuja.

One of the counts reads: «That you Air Chief Marshal Alex S Badeh (whilst being the Chief of Air Staff, Nigerian Air Force) and IYALIKAM NIGERIA LIMITED between 28th March and 5th December, 2013 in Abuja within the jurisdiction of this Court, did use an aggregate sum of N878, 362,732.94 (Eight Hundred and Seventy - Eight Million, Three Hundred and Sixty Two Thousand, Seven Hundred and Thirty - Two Naira, Ninety - Four kobo) removed from the accounts of the Nigerian Air Force and paid into the account of Rytebuilders Technologies Limited with Zenith Bank Plc for the construction of a shopping mall situate at Plot 1386, Oda Crescent Cadastral Zone A07, Wuse II, Abuja for yourself, when you reasonably ought to have known that the said funds formed part of the proceed of unlawful activity (to wit: criminal breach of trust and corruption) of Air Chief Marshal Alex S Badeh and you thereby committed an offence contrary to Section 15 (2)(d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15 (3) of the same Act»

«That you, Yusuf Gyang Pam, whilst being a cashier at the Office of the Secretary to the Plateau State Government on 11th July, 2014 in Jos, within the jurisdiction of this Honourable Court, used your office as cashier at the Office of Secretary to the Plateau State Government to confer corrupt advantage upon yourself by making a cash lodgment of the sum of N10, 000,000 (Ten Million Naira) into your personal account with Zenith Bank and which sum was derived from the account of Plateau State Government, and you thereby committed an offence punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000».

Testifying, Ibrahim (PW6) told the court that, he was given the sum of $ 1m (one million dollars) to change and pay into the account of Destra Investment Limited, a sum whose naira equivalent amounted to N103m (one hundred and three million naira).

«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»

«That you, Senator Jonah David Jang, whilst being the Governor of Plateau State between January and May, 2015 in Jos, within the jurisdiction of this Honourable Court, used your office as Executive Governor of Plateau State to confer unfair advantage upon yourself by collecting the sum of N4, 357,195,000 (Four billion, Three Hundred and Fifty - Seven Million, One Hundred and Ninety - Five Thousand Naira) from the cashier of the Office of the Secretary to the Plateau State Government, and which sum was derived from the account of Plateau State Government, and you thereby committed an offence punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000»..

Key government officials of Abia state, including commissioners and permanent secretaries, are stashing away billions of naira of state funds in illegal accounts, the governor, Theodore...

On 14 November, 2014, another Eighty - Five Million, Five Hundred and Seventy Six Thousand Naira (N85, 576,000) was also paid in by the same company into Kofar Fada Nigeria Limited's bank account.

An equivalent sum of money, in Nigerian naira, was credited to Trust International's account with the bank in Nigeria.

To fund your ICE3X account with your nairas, you will need to login to your newly created ice3X account, proceed to the DEPOSIT / WITHDRAW tab in the menu bar to make a deposit using your newly created VoguePay wallet (you can get more info