By BARBARA KALU, Enugu – No fewer than 13 suspected internet fraudsters have been arrested by operatives of the Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC). The anti-graft agency arrested the suspects on Tuesday for carrying out fraud related activities at Nsukka and Emene axis...
EFCC
Fire has destroyed an unconfirmed number of trucks parked at a facility of the Economic and Financial Crimes Commission (EFCC) in Port Harcourt, the Rivers State capital. The incident occurred on Monday morning at an exhibit dump of the anti-graft agency located at Iriebi in Obio-Akpor Local Government Area...
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested one Osondu Igwilo who has been on the watchlist of the Federal Bureau of Investigation (FBI) since 2018. EFCC’s Head of Media and Publicity, Wilson Uwujaren, who confirmed this in a statement on Monday, said the suspect was...
By BENJAMIN ORISEMEKE, Abuja – The inter-agency Joint Regulatory and Enforcement Task Force (JRETF); particularly FCCPC, NITDA and ICPC have advanced investigations with respect to digital money lenders. In a joint statement on the issue and signed by Executive Vice Chairman/Chief Executive Officer of the FCCPC, Babatunde Irukera, said...
An investigating officer of the Economic and Financial Crimes Commission (EFCC) Shehu Shuaibu, has narrated how the sum of N1.5billion was fraudulently transferred from the Ministry of External Affairs account to Joint Trust Dimension Nigeria Limited account allegedly belonging to former Aviation Minister, Femi Fani-Kayode, according to SaharaReporters. In...
By OLA MUDOPE, Lagos – No fewer than thirty-three (33) suspected internet fraudsters popularly known as “Yahoo boys” have been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) in Lagos State The EFCC spokesman, Wilson Uwujaren, disclosed this in a statement issued on Friday. Mr. Uwujaren...
The Economic and Financial Crimes Commission (EFCC) on Thursday prayed the Federal High Court, Abuja to transfer the fresh trial of former Abia governor and two others in an alleged N7.1 billion fraud to Lagos. The application seeking the transfer was brought pursuant to Sections 19, 22 and 45...
Former Nigerian president, Olusegun Obasanjo has said some presidential aspirants for next year’s general elections should be in jail if the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) did their jobs effectively. Obasanjo stated this while speaking during an...
An associate of a former Minister of Petroleum Resources, Diezani Alison-Madueke, Kolawole Aluko, has lost his bid to reclaim some of his assets forfeited to the Federal Government. One of the assets is a mansion in Abuja, which the Economic and Financial Crimes Commission (EFCC) says is valued at...
According to an exclusive report by SaharaReporters, a monumental fraud running into several billions of naira has been uncovered in the Central Bank of Nigeria’s Anchor Borrowers’ Programme. Some faceless officials of the scheme in connivance with their cronies in cooperative societies and commercial banks in the country have...
The Federal High Court, sitting in Lagos has ordered the remand of a former Director of Bank PHB (now Keystone), Funmi Adenmosun at the Nigerian Correctional Services (NCoS) in Ikoyi, following his inability to perfect his bail conditions. The Economic and Financial Crimes Commission (EFCC) had on January 21...
Innoson Nigeria Ltd, Nigeria’s foremost indigenous Auto Industrialist has expressed its concerns about the new trend in its long-running legal battles with GTB (Guarantee Trust Bank Plc.). Innoson Nigeria Ltd is concerned about the interference of EFCC (Economic and Financial Crimes Commission) in the legal matters in a manner...
The trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for alleged N1.4billion fraud, before Justice Christopher Balogun of the Lagos High Court Ikeja, was again, stalled on Monday, as the counsel for the defendant, Osagie Isiramen, told the court that the defence was not ready to...
A Federal High Court sitting in Ibadan, Oyo State on subpoenaed an officer of the Nigerian Correctional Service, Deputy Superintendent of the Correction (DSC) J.O. Oyaleke over his failure to produce a defendant in court. The defendant, Otuyalo Oluwadamilola, is being prosecuted by the Ibadan Zonal Command of the...
The Federal High Court Abuja on Monday, fixed April 28 for Shamsudeen Bala, son of Gov. Bala Mohammed of Bauchi State to open his defence in an alleged fraud charge leveled against him. The Economic and Financial Crimes Commission, (EFCC) had filed a 20- count charge against Bala bordering...
The Economic and Financial Crimes Commission (EFCC) has arrested the Chief Executive Officer of Sterling Bank Plc, Abubakar Suleiman and two other top officials of the bank over the controversial ‘hidden’ N20 billion said to allegedly belong to the Kogi State government. It would be recalled that anti-graft agency,...
A Federal High Court sitting in Abuja, on Wednesday, threatened to strike out a suit filed by a former Chief of Army Staff, Lt.-Gen. Kenneth Minimah and two others. Minimah in the suit, is challenging the validity of a criminal charge instituted against them by the Economic and Financial...
A Federal High Court in Jos on Tuesday sentenced former Minister of Water Resources, Sarah Ochekpe and two others for N450 million fraud. The court also sentenced Raymond Dabo and Leo Jitung to three months imprisonment each. The Economic and Financial Crimes Commission (EFCC) charged them in 2018 with...
Operatives of National Drug Law Enforcement Agency, (NDLEA), have foiled an attempt by a syndicate to push into circulation fake $4.7 million or about N2.7 billion. This is contained in a statement by the Director, Media and Advocacy, NDLEA, Mr Femi Babafemi on Sunday in Abuja. Babafemi said that...
Edo State Governor, Godwin Obaseki says internet fraudsters popularly referred to as ‘Yahoo Boys’ must be very brilliant to dupe people and their brilliance can be redirected to a better cause. The governor said this on Friday at a town hall meeting on Edo State Education Policy. According to...