A Federal High Court, Abuja, on Friday, set aside the Nov. 4, 2022 interim forfeiture order on 40 landed property linked to Sen. Ike Ekweremadu and his wife, Beatrice. Justice Inyang Ekwo, in a ruling, said he had found that the application for forfeiture filed by the Economic and...
EFCC
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) says the Department of State Services (DSS) acted on a 2016 watch list request to arrest former campaign DG of Labour Party, Doyin Okupe at the Murtala Muhammed International Airport in Lagos on Thursday morning. EFCC spokesman,...
By OLA MUDOPE, Lagos – The Department of State Services (DSS) has confirmed the arrest of the Doyin Okupe, the former Director General of the Labour Party (LP) Presidential Campaign Council at the Murtala Mohammed International Airport in Lagos. The DSS spokesman, Peter Afunanya, who confirmed this in a...
The Economic and Financial Crimes Commission (EFCC) has recovered about N13billion as proceeds of illegal payments made under the subsidy regime between 2017 and 2022. The revelation contained in a document published in the website of the Nigeria Financial Intelligence Unit on the National inherent risk assessment of money...
The Economic and Financial Crimes Commission, EFCC, has concluded plans to conduct sale of properties which are subject of Final Forfeiture Orders. The Commission on Saturday December 24, 2022 publicly announced the commencement of the auction exercise with advertorial in major newspapers inviting bids for the properties. According to...
A group known as Vanguard for Judicial Independence has faulted prosecuting agencies’ verification of sureties for bail. The group said that the practice was unconstitutional. The group made this known in a statement signed by its Convener, Mr Douglas Ogbankwa, in Lagos. According to the group, it is unconstitutional...
Vice President Yemi Osinbajo said he wrote a letter the Economic and Financial Crimes Commission (EFCC) to investigate allegations against him but did not submit the letter. He said he was convinced by President Muhammadu Buhari who humorously told him not to take the issue seriously. “One day, I...
A Federal Capital Territory High Court has ordered the interim forfeiture of $899,900 and N304, 490,160.95 recovered from a former Accountant General of the Federation (AGF) Ahmed Idris, by the Economic and Financial Crimes Commission (EFCC). The court also forfeited 15 properties recovered from Idris in Kano and Abuja....
The Inspector-General of Police, Mr Usman Baba says the police has devised strategies to arrest and prosecute politicians moving on election days with tonnes of cash for vote buying. Baba stated this on Monday in Abuja at a one-day Stakeholders Summit on Addressing the Influence of Money on the...
Mr Doyin Okupe, former Senior Special Assistant (SSA) on Media to ex-President Goodluck Jonathan, on Monday evening, paid the sum of N13 million for the 52-year jail term bagged for N240 million money laundering offence. The News Agency of Nigeria (NAN) reports that Justuce Ijeoma Ojukwu, in a judgment,...
A Federal High Court, Abuja, on Monday, convicted and sentenced Mr Doyin Okupe, former Senior Special Assistant (SSA) on Media to ex-President Goodluck Jonathan, to two years imprisonment. Justuce Ijeoma Ojukwu, in a judgment, found Okupe guilty in 26 out of the 59 counts preferred against him by the...
A Federal High Court in Abuja has convicted the Director-General of the Peter Obi Presidential Campaign Doyin Okupe over money laundering. The Economic and Financial Crimes Commission (EFCC) had arraigned the Director-General of the Peter Obi Presidential Campaign in 2019 on a 59-count charge bordering on alleged money laundering...
By EZEKIEL OBI, Abuja – The National Pension Commission (PenCom) has debunked an allegation of fraud, saying that the commission is ready to open its books for scrutiny because it has nothing to hide. Mrs Aisha Dahir-Umar, the Director-General, PenCom, said this in a statement by the commission’s spokesperson,...
A Federal High Court, Abuja has fixed Jan. 25 for ruling on Sen. Ike Ekweremadu’s application, seeking an order setting aside the Nov. 4 interim forfeiture order on 40 landed property linked to him by the Economic and Financial Crimes Commission (EFCC). Justice Inyang Ekwo fixed the date on...
Again Nigerians were alarmed when heaps of sacks containing spoilt naira notes were dumped in a warehouse at a riverside in Benue State. In the viral video hordes of residents in the area rushed to the scene where the notes, kept in sacks, have defaced beyond repairs. A voice in...
The Central Bank of Nigeria (CBN) has warned in Abuja on Tuesday that those abusing the naira were liable to go to jail. It warned that the law banning the “spraying’’ and the stepping on the naira, especially at social gatherings is still in force and offenders are liable...
There was a massive turnout of people on Tuesday at the Economic and Financial Crimes Commission (EFCC) office in Abuja with the commencement of the auctioning of 35 cars. The exercise followed the order of the final forfeitures secured by the anti-graft agency from courts. According to Channels TV,...
A High Court in Kaduna State on Tuesday ordered the EFCC to sell an iPhone 14 promax, HP laptop, N8m cash and 3 exotic cars belonging to Raymond John and the proceeds paid into Federal Government coffers. Delivering Judgment, Justice Dairus Khobo, sentenced John after he pleaded guilty to...
The Economic and Financial Crimes Commission (EFCC) has arraigned a businessman, Bernard Nzenwa, before an Ikeja Special Offences Court for alleged issuance of false document. EFCC arraigned Nzenwa alongside his company, Omega Maritine and Energy Ltd. on a count charge of issuance of false document. The defendant, who also...
The Federal High Court sitting in Lagos has refused the bail application of the Kogi State House of Assembly candidate of the New Nigeria Peoples Party (NNPP) for Ankpa II Constituency, Ismaila Atumeyi, and two others. The trio was arraigned before the court on Monday by the Economic &...