The Minister of Justice, Abubakar Malami, on Wednesday welcomed the judgment of a U.S.-based tribunal, which ordered InterOcean Oil Company to pay the Federal Government 660,129 dollars as reimbursement of its share of the arbitration costs. The U.S.-Based International Centre for Settlement of Investment Dispute headed by Prof. William Park, ordered InterOcean to pay the ...

The 36 states of the Federation have taken the Federal Government to the Supreme Court, challenging the presidential executive order signed in May by President Muhammadu Buhari. The states on Monday sort an order of the Supreme Court to quash President Buhari’s executive order on the funding of courts, which he signed on May 20. ...

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, (SAN) has disclosed that his non-appearance at Justice Ayo Salami Panel of Inquiry probing the suspended Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, was purely constitutional and not based on any ulterior motive. The AGF revealed this in a statement ...

The Federal Government has launched a central database for the management of recovered assets. The Minister of Justice, Abubakar Malami during the launch on Thursday, in Abuja, said all the assets that have been recovered by the Federal Government are now tied to specific projects. The launch was witnessed by officials from government agencies including ...

The Federal Executive Council (FEC) has approved the transmission of a bill, titled, “Proceeds of Crime Recovery and Management Agency Bill,” to the National Assembly. Briefing state house correspondents after the FEC meeting on Wednesday, the Minister of Justice, Abubakar Malami explained that assets recovered have been in the hands of several agencies and that ...

The Federal Government has revealed that the bank guarantee of $200 million placed with a United Kingdom, UK court to secure a stay on asset seizures of up to $9 billion related to the case against Process, and Industrial Development (P&ID), has not been paid. P&ID, a firm based in the British Virgin Islands, won ...

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has said that ongoing investigation has revealed that about $301 million was given in under-hand dealings to some persons in a bid to hide the illegality of the Process of Industrial Developments (P&ID) gas supply and processing deal. Malami disclosed this when he made ...

President Muhammadu Buhari on Monday inaugurated an Executive/Legislative/party consultative committee. In attendance at the meeting were the Vice President, Yemi Osinbajo, the Senate President, Ahmed Lawan, the Deputy Senate-President, Ovie Omo-Agege, and the Speaker of the House of Representatives, Femi Gbajabiamila. Others were the Attorney-General of the Federation, Abubakar Malami, the Secretary to the Government ...

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over failure to publish details of the N800bn recovered loot. In a statement issued on Sunday by SERAP Deputy Director, Kolawole Oluwadare, the group wants the Federal Government to “disclose information and documents relating to the names of people from ...

The suspended Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu again writes the Chairman of the Judicial Commission of Inquiry probing him and the affairs of the commission requesting for fair hearing. Magu through his lawyer, Wahab Shittu, in the letter dated August 20, the former EFCC boss requested for the copies ...