Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Monday, June 1, 2026, ordered the final forfeiture of the sum of N17,100,595.40 to the Federal Government of Nigeria. The forfeited fund, domiciled in Access Bank, is linked to one Ifeanyi Alele David, who is under...
EFCC Chairman
Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has felicitated Christians across the country on the celebration of Easter and expressed strong hope that Nigeria will surely break the yokes of corruption because “We are not defined by corruption, we cannot be defeated by...
Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ola Olukoyede has disclosed how the Commission intervened in 2024 to stop a contractor mobilized by the Ministry of Power from executing a contract with fake and substandard transmission lines. He made this disclosure in Abuja on Wednesday,...
Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has applauded the Proceeds of Crime Act 2022 for its impact in asset recovery and management. Speaking at the opening ceremony of a workshop for officers of EFCC’s Department of Proceeds of Crime Management and other departments...
Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, has dismissed insinuations in certain media circles that he was “abducted and forced to resign” by security officials. Describing the story carried by an online news platform as nothing more than a poorly scripted work...
Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has warned Nigerians against abusing the Naira, describing it as a symbol of sovereignty and a criminal offence. He made this statement during a stakeholders’ sensitisation programme in Lagos. Olukoyede expressed concern over the persistent abuse...
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Nigerian youths to embrace honesty, integrity and courage to speak out against corruption and all forms of economic and financial crimes, pointing out that every act of corruption is wrong and destructive. Olukoyede...
An Abuja-based lawyer, Alexander Oketa, has dragged the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede before an Abuja court over land ownership tussle . The ownership issue is between Jona Brothers Construction Limited and one Chief Michael Adeojo (Chairman of Elizade Motors), Acting on...
The Economic and Financial Crimes Commission (EFCC) has given the green light to the promotion of approximately 900 officers. The commission also reinstated life and property insurance for its operatives. EFCC Chairman, Ola Olukoyede, revealed this at the commission’s 2024 Rewards and Recognition ceremony in Abuja on Saturday. Olukoyede...
By EMMANUEL KUJE, Abuja – The Executive Chairman of the Economic and Financial crimes Commission (EFCC), Ola Olukoyede has stated that public sector corruption was the greatest problem of the country with procurement and contract fraud accounting for 90 percent of Nigeria’s corruption and fraud issues. He disclosed this...
The Economic and Financial Crimes Commission (EFCC) has arrested 792 suspects, including 193 foreigners, in a single-day sting operation in Lagos for their involvement in cryptocurrency investment fraud and romance scam syndicate. EFCC Chairman, Mr Ola Olukoyede, represented by the Director, Public Affairs, EFCC, Mr Wilson Uwujaren, disclosed this...
The embattled former governor of Kogi Alhaji Yahaya Bello, has been advised to to avail himself in court on Wednesday over alleged N80.2bn money laundering case. The former Kogi governor has been having a running-battle with the Economic and Financial Crimes Commission (EFCC) over alleged N80.2bn fraud. A source...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has apprehended a four-man syndicate for allegedly impersonating and blackmailing its Chairman, Mr Ola Olukoyede, in a one million dollars fraud. The EFCC Spokesperson, Dele Oyewale, said this in a statement on Thursday in Abuja. He said...
The House of Representatives Committee on Financial Crimes has given Mr Ola Olukoyede, Chairman, Economic and Financial Crime Commission (EFCC), till July 30 to appear before it over budgetary allocation issues. The committee said that Olukoyede, along with his management team, should appear to answer questions relating...
The Court of Appeal in Abuja on Friday, granted an ex-parte motion for stay of contempt proceedings filed by the Economic and Financial Crimes Commission (EFCC) and issued against its Chairman, Ola Olukoyede, by ex- Governor Yahaya Bello of Kogi. The Court of Appeal, presided over by Justice...
A Kogi High Court in Lokoja on Friday ordered the Chairman of the EFCC, Mr Ola Olukoyede, to appear before it on May 13 to show why he should not be committed for allegedly disobeying its order. Justice I.A. Jamil of High Court IV gave the order while...
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede has disclosed that he made personal efforts to invite a former governor of Kogi State, Mr. Yahaya Adoza Bello to respond to investigations regarding his alleged involvement in money laundering to the tune of N80,246,470,089.88...
Fresh revelations have emerged on the probe of former Governor of Kogi State, Yahaya Bello by the Economic and Financial Crimes Commission (EFCC) as the anti-graft commission says the embattled ex-governor withdrew $720,000 from the state’s accounts to pay his child’s school fees in advance just before...
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has blamed the neglect of cultural values for the high rate of corruption in the country. He said this on Tuesday when Chief Biodun Ajiboye, Executive Secretary of the National Institute for Cultural...
The Federal Capital Territory (FCT) High Court, Abuja on Thursday vacated its earlier order of the court directing the Inspector-General of Police, Kayode Egbetokun, to arrest the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede for disobeying a ruling of the court which asked operatives...