A Federal High Court, Abuja, on Monday, adjourned two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, bi and two other companies for judgment. Justice Donatus Okorowo adjourned the suits for judgment after counsel for the EFCC, Bala...
Economic and Financial Crimes Commission (EFCC)
Hearing in two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, could not proceed on Wednesday at a Federal High Court, Abuja. The matter, which was scheduled for adoption of final written addresses of parties by Justice Donatus...
The Nigerian Bar Association (NBA) on Tuesday, disclaimed a protest by lawyers over what they called the illegal approach of the Economic and Financial Crimes Commission (EFCC) in handling its allegations against former Governor of Kogi, Yahaya Bello. The no fewer than 500 legal practitioners from across the...
A Federal High Court, Abuja, on Friday, dismissed the Economic and Financial Crimes Commission (EFCC)’s money laundering charge filed against former Attorney-General of the Federation (AGF) and Minister of Justice, Mohammed Adoke. Justice Inyang Ekwo, in a ruling on Adoke’s no-case submission, said he found that the EFCC...
The Management of Benue Investment and Property Company Limited (BIPC), has disclosed that the Economic and Financial Crimes Commission (EFCC) had recovered N7.8 million belonging to the company. The Managing Director and Chief Executive Officer (MD/CEO) of BIPC, Dr Raymond Asemakaha disclosed this on Tuesday in Makurdi. Asemakaha...
By MBAFAN ADE, Abuja – Zenith Bank has debunked media reports alleging the arrest of its Group Managing Director, Mr Ebenezer Onyeagwu, by the Economic and Financial Crimes Commission (EFCC). Zenith Bank’s Company Secretary/General Counsel, Mr Michael Otu, said this in a statement made available to the Nigerian Exchange...
By EZEKIEL OBI, Abuja – Economic and Financial Crimes Commission (EFCC) has declared former Minister of Power and Steel Olu Agunloye wanted over alleged corruption and forgery. The EFCC spokesman, Dele Oyewale, disclosed this in a public notice posted on the agency’s official Facebook and Instagram...
The Economic and Financial Crimes Commission (EFCC) on Monday tendered two documents in evidence against social media celebrity, Ismaila Mustapha (alias Mompha), charged with six billion Naira money laundering. The News Agency of Nigeria (NAN) reports that the documents were tendered through the Federal Bureau of Investigation (FBI)...
The Economic and Financial Crimes Commission (EFCC) on Monday said the social media celebrity, Ismaila Mustapha (alias Mompha), charged with N6 billion money laundering had been re-arrested. The EFCC counsel, Mr Suleiman Suleiman, told an Ikeja Special Offences Court that the prosecution in collaboration with its international partners had...
BY ANKELI EMMANUEL, Sokoto – The Executive Chairman, Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa has urged the media to be committed in their financial crimes reporting in a bid to expose corrupt public officials in the country. Mr. Bawa, however, affirmed that the task of exposing corrupt...
The Chairman, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, says the commission will work to strengthen existing collaboration with Air Force Institute of Techology (AFIT) on cyber security studies. A statement by EFCC Spokesperson, Wilson Uwujaren said Bawa made the commitment when the Commandant of AFIT, AVM Olugbeji...
By LEKAN AGBOOLA, Ilorin – Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission, (EFCC), on Thursday arrested 28 persons suspected to be “yahoo-yahoo boys” in Ilorin, the Kwara State Capital. The arrest, which was effected at Mandate Area, Ilorin followed actionable intelligence on the...
Frontline Anti-corruption Civil Society Organisations (CSOs) on Tuesday in Lagos, resumed calls for removal of Mr AbdulRasheed Bawa, Chairman, Economic and Financial Crimes Commission (EFCC) over alleged disregard to the rule of law. The CSOs called for Bawa’s sack over alleged politicisation of the commission, disobedience of lawful court...
A Federal High Court, Abuja, on Thursday, set aside its order directing the Economic and Financial Crimes Commission (EFCC) to arrest Deputy Speaker of Imo, Amarachi Iwuanyawu, over his alleged complicity in alleged N785 million fraud. Justice Inyang Ekwo, in a ruling, held that the EFCC deliberately suppressed and...
The Economic and Financial Crimes Commission (EFCC) on Wednesday re-arraigned a social media influencer and comedienne, Adedamola Adewale alias Adeherself, for alleged of N7.9 million internet fraud. The News Agency of Nigeria (NAN) reports that Adewale was charged alongside two others at large, on a three-count charge of conspiracy...
Justice R.O. Ayoola of the Kogi High Court on Monday committed the Chairman, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, to prison for alleged contempt. The judge, who awarded N10 million against EFCC, ordered the Inspector-General of Police (IG) to arrest Bawa forthwith wherever he is and send...
Former President of the Nigerian Bar Association, Dr Olisa Agbakoba (SAN) on Thursday, said that the Economic and Financial Crimes Commission (EFCC) ought not to have been in existence. He said the commission currently operated outside the constitution. Agbakoba said this at a news conference in Lagos. According to...
The Economic and Financial Crimes Commission (EFCC), on Friday prayed an Oyo State High Court sitting in Ibadan to convict a former NIHORT Director, Ademola Idowu and former NIHORT Accountant, Isiah Ajisafe of N124 million fraud. The News Agency of Nigeria (NAN) reports that EFCC is prosecuting Idowu and...
The Economic and Financial Crimes Commission (EFCC) says it will appeal against Friday’s ruling by Justice Charles Agbaza of the Federal High Court, Abuja, which dismissed a case of corruption against former Secretary to the Government of the Federation, Mr Babachir Lawal. Ruling in a no-case submission made by...