The Economic and Financial Crimes Commission, EFCC, has handed over a bank draft of N42.5million in favour of one Mrs. Margret Taye Odofin, a 70-year-old widow and retiree, recovered from her fraudulent account and investment officer, Mrs. Kehinde Olawale Yusuf, who worked in one of the new generation banks. The handover, which took place on…
A Lagos State High Court sitting in Ikeja, Lagos, on Monday, convicted and sentenced one Sulaiman Olayiwola Gbajabiamila to 20 years imprisonment for N31 million property fraud. Gbajabiamila was arraigned on September 19, 2023, by the Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a seven-count charge bordering on stealing, obtaining…
The Enugu Division of the Court of Appeal has upheld the conviction and seven years prison sentence of one Onyekachi Nwosu, a former employee of Guaranty Trust Bank for his commission of over N50 million loan fraud. Nwosu was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on a…
