A former chairman of the Economic and Financial Crimes Commission, Nuhu Ribadu, has absolved himself from being part of those who benefitted from $ 2.1 billion
arms deal fund diverted by the embattled former National Security Adviser, Sambo Dasuki.
Not exact matches
They sealed the
deal, and the
fund's early - stage - investing
arm, FF Angel, invested.
«Most of the figures being bandied were taken from the special
funds meant for the purposes that they were spent and not on the so - called
arm -
deal» it said.
The witness maintained that
ARM was a duly registered organization that
deals in
funds of its clients, saying the business the firm had with Metuh and the BDC operators was based on trust.
The continuing probe of the diverted
funds meant for
arms deal during the former administration took another level following the arrest of the immediate past Chief of Air Staff, Adesola Amosu by the Economic and Financial Crime Commission (EFCC).
Whether you want to know about saving for an emergency
fund, what is the difference between a 30 year fixed and a 5/1
ARM, or how to
deal with a specific situation just for you, I am welcoming audio questions from you in addition to the email questions I've been answering since this site opened its virtual doors in 2006.
I believe that I need to
deal with the science community at
arms length because of my position as the decision maker on public
funded grants.
The
deal, which saw Aberdeen acquire Deutsche Asset Management's UK
arm, is the biggest the Scots leader has handled for the client since it acquired the
fund manager's key adviser, London financial services boutique The City Law Partnership, last year.
Other backers in the ride - hailing startup's latest financing round included a venture capital
fund jointly run by Indian industrialist Ratan Tata and the University of California's investment
arm, as well as several U.S. institutional investors, people familiar with the
deal said, asking not to be identified talking about a private
deal.
Six months after the
deal was signed, it sold 25 percent of
ARM to the Vision
Fund, which is based in London.