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Rui Pinto

Portuguese hacker says he is behind Angola corruption leaks

Lawyers for a Portuguese computer hacker said on Monday he was responsible for revealing the dealings of Angolan billionaire Isabel dos Santos, a corruption scandal with fallout across Europe and Africa.
Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

Isabel dos Santos’s Portugal funds embezzled – Angolan prosecutor

Angola's chief prosecutor on Friday said funds that Isabel dos Santos - who is accused of stealing millions of dollars from state companies - invested in Portugal had been embezzled from her home country.

P&ID scandal: Court orders arrest of Briton

In abid to upturn the $9.6 billion judgement award in favour of a firm, P&ID, the Federal Government may have begun moves to extradite a key director of the firm, Adam Quinn, to face trial in Nigeria.

P&ID gives Nigeria condition to negotiate $9.6 billion award

Following the ruling of the UK court on Thursday, Process and Industrial Developments Limited (P&ID) on Sunday gave Nigeria condition for negotiating the $9.6 billion awarded in its favour.

Nigeria to shift battle over $9.6 billion judgment debt to UK appeal court

The battle between Nigeria and Process and Industrial Developments (P&ID) over the bid to stop the company from attaching the country’s assets to recoup the $9.6 billion arbitral claim it secured last month, is set to shift to the United Kingdom Appeal Court.

UK judge to allow Nigeria to appeal ruling on $9 billion P&ID case

A UK judge on Thursday gave Nigeria permission to seek to overturn a ruling that would have allowed a private firm to try to seize more than $9 billion in assets from the West African country.

Court orders forfeiture of P&ID assets to federal government

The court also convicted the suspects arraigned on allegations of fraudulent involvement in the 2010 contract between the Nigerian government and the firm worth $9.6b.
ladol free trade zone

Questioning LADOL indigenous status

It is no longer news that a company called LILE (LADOL Integrated Logistics Enterprise) which is a duly registered company in the British Virgin Islands owns the Lagos Deep Offshore Logistics Base (LADOL).

British firm seeks $9 billion Nigerian government asset seizure over unpaid gas project arbitration

A firm incorporated in the British Virgin Islands will ask a British court on Friday for the right to seize up to $9 billion of Nigerian government assets - some 20% of the oil-rich nation’s foreign reserves - over an aborted gas project.

Looted Abacha’s £211 million seized by British court

A British court has seized 211,000,000 million pounds looted by the former Nigerian dictator and military head of state, General Sani Abacha.
Footballer Cristiano Ronaldo has pleaded guilty to tax evasion, accepting a fine worth 18.8 million euros ($21.4m) and a suspended 23-month jail term after a pre-agreed deal with Spanish tax authorities last year.

Cristiano Ronaldo fined €18.8 million in tax evasion case

Cristiano Ronaldo has pleaded guilty to tax evasion, accepting a fine worth 18.8 million euros ($21.4m) and a suspended 23-month jail term after a pre-agreed deal with Spanish tax authorities last year.
Cristiano Ronaldo

Cristiano Ronaldo faces multi-million tax fraud fine in Madrid court

Cristiano Ronaldo is returning to Madrid for a court date on Tuesday in which he could be fined 18.8 million euros ($21.4 million) for tax fraud as part of a deal reached with the Spanish taxman.
Jose Mourinho

Jose Mourinho accepts one-year suspended prison sentence for tax evasion in Spain

Manchester United manager, Jose Mourinho, has accepted a suspended one-year prison sentence after defrauding the Spanish tax authorities of around €3.3million ($3.8m).

Oando: We are not a party to London arbitration

Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million

VAIDS: Federal govt reviews data of 130,000 high net worth persons, companies

The data mining efforts of the Federal Government through the Federal Ministry of Finance has identified a new batch of over 130,000 high net worth individuals and companies that have potential tax underpayments.

Report: President Buhari writes UK fraud office, demands probe of Senators Saraki, Ekweremadu

President Muhammadu Buhari has reportedly written to the United Kingdom Serious Fraud Office (SFO) requesting that Senate President Bukola Saraki and Ike Ekweremadu, deputy senate president, be investigated.

European Union denounces ‘shocking’ Paradise Papers revelations

The European Union on Monday denounced as “shocking” revelations on the way top companies and dignitaries, including Britain’s Queen Elizabeth II, avoid taxes using offshore wealth hubs.

Pakistani court issues arrest warrant for ex-PM Nawaz Sharif – media

A Pakistani court issued an arrest warrant for ousted Prime Minister Nawaz Sharif after he failed to appear before the court over anti-corruption allegations.

Recent Stories

Lassa fever: NMA faults Nigeria’s preparedness for disease outbreaks

The Nigerian Medical Association (NMA) has described the recent outbreak of Lassa fever across the country as a reflection of the abysmally low level of preparedness in handling infectious diseases, especially viral hemorrhagic fever, at all levels of healthcare delivery.
Yoruba World Congress (YWC), an umbrella body of all Yoruba socio-cultural groups, has threatened to hold a peaceful protest in support of the recently launched Western Nigeria Security Network code-named Amotekun.

MURIC: Amotekun should not target any group for victimization

THE Muslim Rights Concern (MURIC) yesterday advised the South-west states Governors that the new security organization code name Amotekun should not lean towards any religion or target any ethnic group for victimization.

PANDEF: Federal government should overhaul security architecture

Pan Niger Delta Forum, the South-South regional group in it’s reaction, said the Federal Government should immediately overhaul the nation’s security architecture and apparatus.
China has sent 450 military medical staff, including professionals who have experience in the fight against SARS or Ebola, to the novel coronavirus hardest-hit city of Wuhan.

China sends medics to Wuhan as coronavirus death toll rises to 80

Hundreds of medics are being sent to help deal with a rising number of cases of the new coronavirus in China’s central metropolis of Wuhan, health authorities said on Monday.

Full list of no-go areas for motorcycles, tricycles in Lagos

The Lagos State Government on Monday banned okada and tricycle riders in six Local Governments, nine Local Council Development Areas, LCDAs, major highways and bridges in the state.