Falana demands probe into alleged diversion of $3.4bn IMF loan

Falana demands probe into alleged diversion of $3.4bn IMF loan

Human rights lawyer, Femi Falana, SAN, has urged the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, to probe the alleged diversion of the $3.4 billion loan obtained from International Monetary Fund, IMF, by Nigeria to fight the COVID-19 pandemic. Falana made the call in a statement signed on behalf of the Alliance on Surviving COVID-19 and Beyond, ASCAB, on Sunda…

IMF Loan: Falana Seeks Probe Into Alleged Diversion Of $3.4b — City Business News

Advertisements Human Rights lawyer, Femi Falana, SAN, has called on the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the alleged criminal diversion of the $3.4 billion loan obtained from International Monetary Fund (IMF) by Nigeria to fight the COVID-19 pandemic. He made the call in a statement he signed on behalf of the Alliance on Surviving COV…

Falana-led Coalition Demands Probe Into Alleged Diversion of Nigeria’s $3.4 Billion COVID-19 IMF Loan

ABUJA, Nigeria — The Alliance on Surviving COVID-19 and Beyond (ASCAB), a coalition of 70 labour and civil society organisations, has called on Nigeria’s anti-corruption agencies to investigate the alleged diversion of a $3.4 billion emergency loan secured from the International Monetary Fund (IMF) in 2020 to combat the economic fallout of the COVID-19 pandemic. In a statement issued on Sunday, May 11, 2025, and signed by human rights lawyer and…

Falana Coalition Demands Probe Of Buhari Govt Over $3.4bn IMF COVID-19 Loan

The Alliance on Surviving COVID-19 and Beyond (ASCAB), a coalition of over 70 labour and civil society organisations, has called for an immediate investigation into the alleged diversion of Nigeria’s $3.4bn COVID-19 loan obtained from the International Monetary Fund (IMF) in 2020. In a statement signed by human rights lawyer and ASCAB chairperson, Femi Falana (SAN), the coalition urged the Economic and Financial Crimes Commission (EFCC) and the …

Falana Seeks Investigation into Alleged Diversion Of $3.4bn IMF Loan - Economic Confidential

Femi Falana, SAN, has called on the EFCC and the ICPC to investigate the alleged criminal diversion of the $3.4bn loan obtained from IMF.

Femi Falana Calls for Probe into Alleged Misuse of $3.4bn IMF Loan

Renowned human rights lawyer Femi Falana has demanded a thorough investigation into the alleged diversion of a $3.4 billion loan secured from the International Monetary Fund (IMF) in 2020, accusing Nigerian authorities of mismanaging funds intended for economic recovery. In a statement issued in Lagos on May 8, 2025, Falana called for transparency and accountability, highlighting the loan’s critical role in addressing Nigeria’s post-COVID econom…