In recent months, the U.S. government has sent a strong anti-fraud message to the underworld. Attorney General Merrick Garland on March 10 announced the launch of a new Covid-19 fraud enforcement task force to help recover government funds stolen during the pandemic. President Biden vowed to send billions of U.S. dollars to support Ukraine and to seize assets of Russian oligarchs who have benefited under the reign of Vladimir Putin. And last October, the Justice Department launched a civil cyber-fraud initiative to pursue cybersecurity breaches that jeopardize government programs.
These developments are good news for honest, law-abiding businesses that seek to compete on a level playing field.
However, when Congress opened the Treasury doors to flood the pandemic economy with over $6 trillion and approved billions of dollars for Ukrainian support, it failed to adequately increase spending to pay for additional anti-fraud watchdogs. Indeed, according to analysis by the Washington Post, federal oversight agencies essentially received about $1 in new money for about every...
Renowned human rights lawyer, Femi Falana, SAN, has criticised President Bola Tinubu for relying on claims by United States President Donald Trump regarding the reported killing of senior Islamic ...