Former Man. United midfielder, Anderson accused of laundering £4.7m in illegal funds by using cryptocurrencies

Former Manchester United midfielder, Anderson has been accused of laundering £4.7million through cryptocurrencies in Brazil.   The 33-year-old was named by Brazilian newspaper Globo as one of eight people under investigation by a state prosecutor into a scheme designed to divert 35 million Brazilian reals (£4.7m) from the state stock exchange and launder money using cryptocurrencies.   The state prosecutor did not name the individuals involved although Globo said it had confirmed Anderson was being investigated for his role in

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Chelsea billionaire owner, Roman Abramovich ‘releases funds for the club to sign Erling Haaland for £150m

Roman Abramovich has reportedly handed Chelsea the funds to go and get Borussia Dortmund star striker Erling Haaland this summer for £150million.  The 20-year-old Norwegian, who scored 41 goals in 41 matches last season for the German side, would follow England international Jadon Sancho, who is joining Manchester United for £73million. According to BILD, Abramovich has released the money for Chelsea to sign Haaland this summer but will need to offload some attacking stars in order to get the deal

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Nigerian scholarship students living from “hand-to-mouth” abroad as their funds have still not arrived 12 months later

More than 200 students who got a scholarship through the Niger Delta Development Commission (NDDC) in 2019 are still stranded as their scholarship funds have still not arrived 12 months later.   Back in July, some of the Nigerian scholarship students protested at Nigeria’s High Commission’s office. They revealed that they’ve been forced to do odd jobs to survive.   CNN interviewed some of the affected students and they narrated how they’ve been sending emails to the awarding body without receiving a positive response.  Mercy

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I did not steal or divert or convert funds to private use- Ibrahim Magu speaks after he was granted bail

Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission EFCC has said he never stole, diverted or converted recovered funds for his private use while he held sway as the head of the antigraft agency.   Magu said this in an interview with The Nation shortly after he was granted bail and released from detention after 10 days.   Magu said the allegations of corruption against him are just to tarnish his image and that of the

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Whistleblowers only get paid for recovered funds and not for exposing suspected illegitimate funds– AGF, Abubakar Malami clarifies

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has said that whistleblowers are only paid their commissions for recovered funds and not for just exposing suspected looted funds.   Malami came out to make this clarification while reacting to a letter by one Aliyu Lemu, Esq. purportedly written on June 22 on issues revolving around the payment of a whistleblower’s fees.   Lemu in his letter which went viral over the weekend, claimed his client, John Okupurhe, had exposed $1billion (over N387billion)

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Former French prime minister, François Fillon and his wife sentenced to jail for embezzling public funds

Former French prime minister, François Fillon and his Welsh wife, Penelope, were sentenced to jail on Monday for embezzling public funds as part of the “fake job” scandal.    A French court  found Francois guilty of charges of creating a fake job for his wife, using taxpayer money.   The 66- year-old was accused of creating a position that paid his wife over €1 million ($1.13 million) in public funds, a charge that cost him his 2017 presidential bid. Fillon’s wife,

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