Ayeiroyin

Detectives are to question a former governor and some high-profile owners of apartments in Osborne Towers, Ikoyi, Lagos where $43.4million was recovered last Wednesday. Besides, the Economic and Financial Crimes Commission (EFCC) has identified how the controversial apartment 7B, where the $43.4m was kept, was acquired. Also recovered were £27,000 and N23m cash. The EFCC has intensified investigation into the roles played by some apartment owners and tenants on how the cash was brought into the Towers, The Nation has learnt. The anti-graft agency is said to be suspecting that some owners or tenants may have been complicit in the matter. A source said: “The more we investigate this $43.4m haul, the more we get fresh facts. It has become imperative to interact with some owners or tenants of apartments in the Towers. “We have invited a former governor and other high-profile owners and tenants for interaction. It is just to ask a few questions on whether or not they were aware of suc...

 House of Representatives believes that the Nigerian National Petroleum Corporation did not remit a total of $ 81 . 2 bn crude oil proceeds to the Federation Account in four years . Its ad hoc committee , which is investigating the alleged export of $ 17 bn worth of undeclared crude oil and gas resources , has demanded explanations from the corporation . The investigation covers the year 2011 to 2014 . Our correspondent gathered on Monday that the committee, which is chaired by a member of the All Progressives Congress from Adamawa State , Mr . Abdulrazak Namdas , had analysed documents from various sources, including the Nigerian Extractive Industries Transparency Initiative , Central Bank of Nigeria , Department of Petroleum Resources and the NNPC itself before coming to the conclusion . In its set of questions sent to the NNPC , a copy of which was obtained exclusively in Abuja , the committee noted that the total receipts from crude proceeds for the four years tallied at $...