By HARUNA AHMED, Gombe– Independent National Electoral Commission (INEC), has commended the Economic and Financial Crimes Commission (EFCC) on its efforts geared towards curbing electoral fraud in Nigeria. This commendation was given in Gombe, Gombe State by the Resident Electoral Commissioner of INEC, Gombe, Dr Sa’ad U. Idris when...
fraud
By OLA MODUPE, Lagos- Federal High Court in Lagos has struck out a 13-count charge filed by the Economic and Financial Crimes Commission (EFCC) against the Chairman of Honeywell Group, Oba Otudeko and three others. The charges were withdrawn following a comprehensive review of the representations submitted by all...
By CHRISTIANA LOT, Jos – First Prosecution Witness, PW1, Sulaiman Kwalla, in the trial of Bishop Katung Jonas and Okewole Dayo, chairman and secretary of Covenant Fadama Multi-purpose Cooperative Society, Jos, Plateau State, respectively, on Tuesday, July 22, 2025, told Justice Sharon T. Ishaya of the Federal High Court,...
Federal High Court in Abuja on Tuesday rejected a second bail application by Jesam Michael, CEO of Afriq Arbitrage System (AAS) Limited, who faces allegations of investment fraud involving over $844,000 and N590 million. Justice Obiora Egwuatu dismissed the application, citing insufficient merit in Michael’s health-based claims and affirming...
By EZEKIEL OBI, Abuja- Abuja Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), on Monday, July 21, 2025 arraigned one Philip Ifejimalu Eze and his company Orimiri Oil and Gas before Justice A.H. Musa of the Fedr FCT High Court Apo-Abuja on a one count charge. The...
By JOY ADARA, Abuja- Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on Monday, July 21, 2025, rejected the application of a former Kogi State governor, Yahaya Adoza Bello, for the release of his passport to enable him travel to the United Kingdom for medical treatment. The...
By OLA MODUPE, Lagos – Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Monday, July 21, 2025, ordered the final forfeiture of digital assets to the tune of $222,729. 86 USDT recovered from Chinese nationals involved in cyber-terrorism and internet fraud. The assets form...
Ebonyi State Governor Francis Nwifuru has declared that no action will be taken against the Secretary to the State Government, Prof. Grace Umezuriike, regarding allegations of funds diversion until investigations are complete. Speaking during a service at the Government House Chapel in Abakaliki on Sunday, Nwifuru emphasized that Umezuriike...
Alleged $12m fraud: Witness confirms receiving $12m in cash, facilitated by SunTrust Bank Executives
Alleged $12m fraud: Witness confirms receiving $12m in cash, facilitated by SunTrust Bank Executives
First Prosecution Witness, PW1, in the trial of Halima Buba and Innocent Mbagwu on Friday, July 18, 2025 told Justice Emeka Nwite of the Federal High Court, Abuja that he received the sum of $12 million (Twelve Million Dollars) with the involvement of defendants for transfer to Aisha Achimugu’s...
A retired civil servant and traditional chief from Gwagwalada, Abuja, Chief George Kadiri, who served as surety for British national James Nolan in the $9.6 billion Process and Industrial Development (P&ID) fraud case, was arrested and presented before Justice Peter Lifu at the Federal High Court on Thursday. According...
By JOY ADARA , Abuja- Economic and Financial Crimes Commission (EFCC) witness, Suleiman Ciroma, has revealed to the Federal High Court in Abuja how $12 million was illicitly swapped through SunTrust Bank in a mere 10 days. Testifying before Justice Emeka Nwite, Ciroma detailed the rapid transactions orchestrated by...
By EMMANUEL ANKELI, Sokoto – Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has warned that virtual assets and investment scams may soon surpass money laundering as a major financial crime challenge in Nigeria. Olukoyede expressed his concerns at the African Anti-Corruption Day Commemoration...
A former Governor of Adamawa State, retired Rear Adm. Muritala Nyako, is considering an out-of-court settlement in a N29 billion alleged fraud case brought against him by the Economic and Financial Crimes Commission (EFCC). During a court hearing on Friday, the prosecuting counsel, Mr. Rotimi Jacobs, SAN, informed the...
By OLA MODUPE, Lagos- Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, July 11, 2025, ordered the final forfeiture of two properties, several cars and cash to the Federal Government of Nigeria. The properties are: one unit of three-bedroom bungalow in Abuja; No....
By OLA MODUPE, Ibadan – Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has alleged that corrupt Nigerian politicians are now hiding stolen public funds in cryptocurrencies to evade investigations. Olukoyede, who was represented by the Commission’s Acting Zonal Director in its Ibadan office, Hajiya...
By JOY ADARA, Abuja- Federal High Court in Abuja has granted an application by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to temporarily take over the lands approved for the Goodluck Jonathan Legacy Model Housing Estate. The ICPC had filed a motion ex-parte seeking an order...
By HARUNA AHMED, Kano – Kano Zonal Directorate of the Economic and Financial Crimes Commission, (EFCC), has commenced a comprehensive investigation into the case of one Ahmad Salisu, arrested by the Nigeria Customs Service (NCS), for allegedly concealing and failing to declare the sum of $420,900 (Four Hundred and...
By OLA MODUPE , Lagos – Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, July 8, 2025, revoked the bail granted to Ayodele Toyosi, promoter of Reaprite Global Limited and Agrorite Limited, for presenting forged medical report to the court. Details later
By JOY ADARA, Abuja- Justice Marianne Anineh of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, on Tuesday, July 8, 2025, reserved ruling till July 17, 2025, on an application filed by former Kogi State governor, Yahaya Adoza Bello, seeking permission to travel to the United Kingdom for...
Attorney-General of the Federation (AGF) has given the Inspector-General of Police (I-G) the go-ahead to prosecute Senator Andy Uba and his co-defendant, Benjamin Etu, over allegations of N400 million fraud. The case was adjourned to September 24 for the defendants to take their plea. According to the prosecution, Uba,...