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Tax Evasion

Mohamed Aboutrika

Former Egypt forward handed jail sentence for tax evasion

Former Egypt forward Mohamed Aboutrika, one of the country’s most famous sportsmen, has been sentenced to a year in jail on charges of tax evasion, local media reported on Tuesday.
Zainab Ahmed

Federal government seeks support of IMF, G24 to tighten noose on tax defaulters

The Minister of Finance, Mrs. Zainab Ahmed, has appealed to the International Monetary Fund (IMF), and the G24 to assist the federal government in identifying the assets of Nigerians overseas and of international companies doing business in the country for proper inventory, for the purpose of effective taxation.
MUHAMMADU BUHARI 2

Muhammadu Buhari signs Executive Order 8 on offshore money laundering

President Muhammadu Buhari on Monday in Abuja signed executive order eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS) to make money laundering and tax evasion difficult.
MUHAMMADU BUHARI 4

Executive Order: Muhammadu Buhari tightens tax, money laundering rules

The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion by releasing a new Executive Order number eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS).
Former South Korean President Lee Myung-Bak appears for his first trial at the Seoul Central District Court on May 23, 2018 in Seoul, South Korea. Chung Sung-Jun-Pool via Reuters

Court jails ex-South Korea president for 15 years over corruption

Former South Korean president Lee Myung-bak was jailed for 15 years for corruption on Friday, becoming the latest of the country’s ex-leaders to be sent to prison.

Donald Trump’s ex-campaign chief guilty on eight counts

US President Donald Trump has been dealt a double blow after developments in two separate cases involving his former close associates.

Alpha Beta: I hope EFCC’ll have the nerve to unravel it – Bode George

George further said, “The chickens have come home to roost. How can someone be raping a state so mercilessly since 1999 and he is still doing it? His time is coming to an end.”
Justice Philomena Mwilu, middle, in court today

Kenyan deputy chief justice charged with tax evasion, abuse of office

Kenya’s director of public prosecution has promptly charged deputy Chief Justice Philomena Mwilu with abuse of office and tax evasion.

Donald Trump fears ‘perjury trap’ in Robert Mueller inquiry

US President Donald Trump has said he is worried he might face perjury charges if he gives statements under oath to the investigation into Russia’s alleged role in his election victory.
Cristiano Ronaldo

Cristiano Ronaldo fined €3.2 million in tax evasion case

Cristiano Ronaldo will be fined 3.2 million Euros (3.7 million dollars) and sentenced to 24 months in prison, a sentence he is unlikely to serve, after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday.

Senate urges anti-corruption agencies to avoid undue publicity

The Senate has urged anti-corruption agencies to avoid undue publicity in their determination to expose and prosecute cases of corruption.
UN Secretary-General Antonio Guterres

UN chief tasks international community to stop money laundering in Africa

UN Secretary-General Antonio Guterres has appealed to the international community to take action against the flow of illegal funds, money-laundering and tax evasion, which cost Africa 50 billion dollars every year.

Donald Trump’s ex-campaign chief sent to jail

Donald Trump’s former campaign chief, Paul Manafort, was sent to jail Friday pending trial on a series of federal charges.

Cristiano Ronaldo offers €14 million to Spanish authorities to avoid prison

Real Madrid forward Cristiano Ronaldo has offered to pay €14million to Spanish tax authorities and admit his guilt to four counts of tax evasion, to avoid going to prison.

EU Commission proposes protection for whistle-blowers

The European Union (EU) should have bloc-wide rules to protect whistle-blowers, including protections against being dismissed or detained for uncovering illegal activities, the European Commission proposed, on Monday.

South Korea’s ex-president Lee Myung Bak arrested on graft charges

A grim-faced Lee Myung-Bak was driven away from his home in southern Seoul for a detention facility late Thursday, becoming the fourth former South Korean president to be arrested on corruption charges.

Illicit financial activities against Africa exceeds aid – UN chief

UN Secretary-General Antonio Guterres has decried the implications of illicit activities against Africa, saying it is more than the international aid flow into the continent.

AU Summit: UN chief Antonio Guterres urges stronger AU-UN cooperation

UN Secretary General Antonio Guterres has said that with Africa in the lead, AU and UN “can and will do more” to bolster successful cooperation throughout the African continent.

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Troops kill 14 bandits, recover 422 animals in Kaduna

Troops under Operation Whirl Punch have neutralised 14 bandits and recovered 422 cows and sheep between October and November, the acting Director of Defence Information (DDI), Brig.-Gen. John Agim, said on Monday in Kaduna.
Super Eagles stand-in skipper, Ahmed Musa has reiterated that Nigeria’s preparations for the 2019 AFCON slated for Cameroon has started with their today’s international friendly against the Cranes of Uganda.

Amhed Musa: Uganda tie start of AFCON preparations

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Umar Garba Danbatta, Executive Vice Chairman of the Nigerian Communications Commission

NCC seeks collaboration of academia, telecoms on innovation

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Eid-el-Maulud: Ifeanyi Ugwuanyi felicitates with Muslims

On this year’s Eid-el Maulud, marking the birthday of the Holy Prophet of Islam Muhammad (PBUH), Governor Ifeanyi Ugwuanyi of Enugu State has called on all Nigerians to remain prayerful and committed in their abiding faith in God for the sustenance of peace, unity and progress of the country.