An operative of the Economic and Financial Crimes Commission (EFCC), Mr Idi Musa, on Monday testified against a social media celebrity, Ismaila Mustapha popularly known as Mompha, charged with six billion Naira money laundering. Mustapha, still at large, is standing trial alongside his company, Ismalob Global Investment Ltd.,...
money laundering
The immediate-past Governor of Kogi, Alhaji Yahaya Bello, has sought the transfer of his trial by the Economic and Financial Crimes Commission (EFCC) to the Federal High Court (FHC), Lokoja Division. Bello, who made the application in a letter to the Chief Judge (CJ) of FHC, Justice John...
Two witnesses testified on Tuesday at a Federal High Court, Abuja as Economic and Financial Crimes Commission (EFCC) opened its money laundering case against former Governor of Anambra, Willie Obiano. A commercial banker staff, Mr Tochukwu Aloysius Nnadi, and an Onitsha-based business woman, Mrs Chinwe...
Justice Mohammed Liman of a Federal High Court in Lagos on Monday, acquitted a former speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji and his former aide, Oyebode Atoyebi, of 54-counts of money laundering.. Delivering judgment, Justice Liman held that the prosecution failed to discharge the...
A Federal High Court in Abuja on Thursday adjourned an amended money-laundering charge preferred against Ali Bello and his co-defendant, Daudu Sulaiman, by the Economic and Financial Crimes Commission (EFCC) until July 15. Justice James Omotosho adjourned the matter for trial continuation after the EFCC’s witness, Olom Otane...
A A Federal High Court in Abuja on Friday, discharged the executive of Binance Holdings Limited, Tigran Gambaryan, from the alleged tax evasion charge preferred against the company by Federal Inland Revenue Service (FIRS). Justice Emeka Nwite, in a ruling, discharged and struck out Gambaryan’s name from the four-count...
By JOY ADARA, Abuja – Justice Emeka Nwite of the Federal High Court sitting in Abuja, on Thursday, June 13, 2024, adjourned the arraignment proceedings of a former governor of Kogi State, Yahaya Adoza Bello to June 27, 2024. The adjournment followed discrepancies between the EFCC and defence counsels on the actual...
The ad hoc committee set up by the Kaduna State House of Assembly to investigate all finances, loans and contracts awarded under the former governor, Nasir El-Rufai has submitted its report to the House. Presenting the report during plenary on Wednesday, the chairman of the ad hoc committee,...
The law firm handling the case of Binance Holdings Limited, Aluko & Oyebode, has said Mr Tigran Gambaryan, the cryptocurrency firm’s executive, standing trial alongside the company in Nigeria, may die in Kuje Correctional Centre. The law firm stated this in a letter addressed to the Deputy Chief...
A Federal High Court, Abuja, on Thursday, ordered the management of the Nigerian Correctional Service (NCoS) management in Kuje, FCT, to take the ailing and detained Binance executive, Tigran Gambaryan, to a hospital for a medicare. Justice Emeka Nwite gave the order following an application by Gambaryan’s counsel,...
A Fidelity Bank compliance officer, Mr Ezekoli Ozoemenam, on Monday testified against a social media celebrity, Ismaila Mustapha (alias Mompha) charged with six billion Naira money laundering. Ozoemenam, the fourth prosecution witness, was led in evidence by the Economic and Financial Crimes Commission (EFCC) counsel, Mr Suleiman Suleiman. The...
A Federal High Court, Abuja, on Friday dismissed a bail application filed by the detained Binance executive, Tigran Gambaryan. Justice Emeka Nwite, in a ruling, held that based on the affidavit evidence before him, Gambaryan would jump bail if the application is granted. “I have carefully considered the...
A Federal High Court, Abuja, on Monday, adjourned two separate money laundering suits filed by the Economic and Financial Crimes Commission (EFCC) against British national, James Nolan, bi and two other companies for judgment. Justice Donatus Okorowo adjourned the suits for judgment after counsel for the EFCC, Bala...
C The Economic and Financial Crimes Commission (EFCC), on Thursday, presented two witnesses in the trial of Binance Holdings Ltd and its two executives before a Federal High Court, Abuja. EFCC’s lawyer, Ekele Iheanacho, informed Justice Emeka Nwite upon resumed trial in the money laundering trial. The News Agency...
A Federal High Court, Abuja, on Thursday, adjourned further hearing in the alleged money laundering charges against Ali Bello and three others until May 27. Justice Obiora Egwuatu adjourned the trial following the conclusion of evidence-in-chief by the 2nd witness of the Economic and Financial Crimes Commission (EFCC)...
German police said Wednesday they had arrested 11 suspected members of a Nigerian mafia group behind a large-scale dating scam. The Black Axe gang was involved internationally in “multiple areas of criminal activity”, with a focus in Germany on romance scams and money-laundering, Bavarian police said in...
A Federal High Court Abuja, on Tuesday, fixed May 17 for a ruling on a bail application filed by the detained Binance executive, Tigran Gambaryan. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC) and Gambaryan’s lawyer, Mark Mordi, SAN, adopted...
By EZEKIEL OBI, Abuja – The Nigerian Immigration Service (NIS) has placed the former Governor of Kogi State, Yahaya Bello under its watch list. It would be recalled that Bello was declared wanted by the Economic and Financial Crimes Commission (EFCC) for an alleged financial crime to the...
A Federal High Court, Abuja, on Friday, dismissed the Economic and Financial Crimes Commission (EFCC)’s money laundering charge filed against former Attorney-General of the Federation (AGF) and Minister of Justice, Mohammed Adoke. Justice Inyang Ekwo, in a ruling on Adoke’s no-case submission, said he found that the EFCC...
The Economic and Financial Crimes Commission (EFCC) has warned members of the public against obstruction of its operations, saying it is a criminal offence EFCC Spokesperson Dele Oyewale in a statement on Thursday said: ”It is a criminal offence to obstruct the commission’s officers from carrying out their...