By EMMANUEL KUJE, Abuja– Operatives of the Economic and Financial Crimes Commission (EFCC), on Monday, March 24, 2025 busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja. The commission in a post via its X handle, said the suspects were arrested at the Compensation Layout in Gwagwalada...
fraud
Former Minister of Petroleum, Diezani Alison-Madueke, has prayed the Federal High Court in Abuja to order the EFCC to retrieve from persons, either natural or corporate, to whom it had sold off her seized assets or property. Diezani, in an amended suit filed by her lawyer, Chief Mike Ozekhome,...
An Iyaganku Magistrates’ Court, Ibadan, on Monday ordered a fraudster, Ezekiel Onikoyi, 39, to serve two weeks imprisonment for stealing a woman’s handbag containing a phone, power bank and N4,000 Onikoyi, whose address was not provided, was charged with stealing, obtaining money under false pretences and conduct likely to...
The absence of a former governor of Taraba, Darius Ishaku in court on Monday stalled his trial in an Abuja high Court on Monday. Ishaku is charged alongside a former Permanent Secretary, Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero. The Economic and Financial Crimes...
A Federal High Court in Lagos on Monday adjourned a case against the Chairman of Honeywell Group, Oba Otudeko, and others until May 8 for a report on settlement. Justice Chukwujekwu Aneke granted the adjournment after the first defence counsel, Chief Wole Olanipekun, (SAN), informed the court that the...
A frontline politician, Chief Abiola Ogundokun, has described Gov. Ademola Adeleke of Osun’s $20 million fraud allegation against his immediate predecessor, Adegboyega Oyetola, as mere shadow chasing. Ogundokun stated this in a statement issued on Sunday in Abuja, while reacting to a petition by Adeleke to Economic and Financial...
The trial of Wawe Eseoghene Nelson, a.k.a James Andrew Shmit and Philip Bradley before Justice Aliyu Halilu of the Federal Capital Territory High Court, Abuja commenced on Thursday, March 14, 2025 with the presentation of the First Prosecution Witness, PW1, Kathleen Sharp by the Economic and Financial Crimes Commission, EFCC. Nelson, arraigned on February 11, 2025 is facing prosecution by the EFCC on...
By MARY RONKE, Ilorin – The trial of former Kwara State Governor, Alhaji Abdulfatah Ahmed, and his Commissioner for Finance, Ademola Banu, over an alleged mismanagement of Universal Basic Education Commission (UBEC’s) funds continued on Thursday, March 13, 2025 with the Economic and Financial Crimes Commission (EFCC) presenting its...
By HARUNA AHMED, Katsina- The Economic and Financial Crimes Commission, EFCC, has arraigned a husband and wife, Baba Sule Abubakar Sadiq and Hafsat Kabir Lawal, alongside two others, Abdullahi Bala and Ladani Akindele, before Justice Amina Bello of the Kaduna State High Court for obtaining money by false pretense,...
Airtel Africa says it has launched a pioneering Artificial Intelligence (AI)-powered Spam Alert Service in Nigeria to combat the menace of spam messages and fraud. Airtel Nigeria’s Managing Director, Dinesh Balsingh said this at the launch of the Spam Alert Service in Lagos on Thursday. Balsingh said that Airtel...
By EZEKIEL OBI, Abuja- In line with its commitment to sanitising the financial space of the nation and offer the investing public adequate and reliable information on the activities of illegal ponzi scheme operators across the country, the Economic and Financial Crimes Commission (EFCC), has alerted Nigerians on the...
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Tuesday opened his defence in the trial-within-trial in an Abuja High Court. Idris was dragged before Justice Yusuf Halilu, by the Economic and Financial Crimes Commission (EFCC) alongside Geoffrey Akindele; Mohammed Usman and Gezawa Commodity Market and Exchange Limited...
The police on Tuesday arraigned First City Monument Bank (FCMB) and three others before an Ikeja High Court over alleged mortgage fraud. The other defendants in the case are Polycarp Okogun, Batik Line International Ltd and Bolaji Adebajo, who is still at large. The defendants were arraigned on a...
The Economic and Financial Crimes Commission (EFCC) said it secured a record-breaking 4,111 convictions in 2024. The News Agency of Nigeria (NAN) reports that this information is based on the EFCC’s 2024 statistical report, made available to journalists on Sunday. The record marks EFCC’s highest number of convictions and...
An Economic and Financial Crimes Commission (EFCC) witness, Mrs Abimbola Williams, on Thursday, said that former Gov. Yahaya Bello’s name did not feature on the Kogi Government House Bank account. Williams told Justice Emeka Nwite of the Federal High Court in Abuja during cross examination by the former governor’s...
By EZEKIEL OBI, Abuja- Justice A.O. Owoeye of the Federal High Court, Ikoyi, Lagos, has adjourned the alleged $340,000 fraud case involving Ezekiel ThankGod, former manager of gospel artiste, Mercy Chinwo till May 14, 2025 for hearing. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission (EFCC)...
A Federal High Court in Lagos on Thursday, declined the arraignment of Ezekiel Onyedikachukwu, a former manager of gospel singer, Mercy Chinwo. Justice Alexander Owoeye held that the court would not proceed with the case until an ongoing administrative process was concluded. The Economic and Financial Crimes Commission (EFCC)...
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former governor of Akwa Ibom State, Udom Emmanuel, for alleged N700 billion fraud. Emmanuel was arrested after he honoured an invitation of the EFCC on Tuesday to answer allegations of money laundering and diversion of funds preferred...
A High Court sitting in Abia has granted former two-term Gov. Theodore Orji, his son, and three others bail in the sum of N50 million over an alleged N47 billion fraud. The Economic and Financial Crimes Commission (EFCC) on Friday, arraigned the former governor, and his son, Chinedum, a...