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 pretence, money laundering and stealing to the tune of N197.75m They…
The Economic and Financial Crimes Commission, EFCC, has alerted Nigerians on the operations of 58 companies posturing as investing entities and defrauding innocent Nigerians of their hard-earned money. In a statement signed by Dele Oyewale, Head, Media & Publicity of the EFCC, Tuesday, the commission said the companies are neither registered with the Central Bank…
…Orji in court The Economic and Financial Crimes Commission, EFCC, on Friday, arraigned former Abia State Governor, Theodore Ahamefule Orji, Engr. Chinedum Orji, Dr. Philip Nto, Onwumene King Obioma and Romanus K. Madu before Justice Lilian Abai of the Federal High Court, sitting in Umuahia, Abia State, on a sixteen-count charge bordering on conspiracy, official…
Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja, on Thursday, February 27, 2025, convicted and sentenced an Indian, Chandra Singh to 10 years imprisonment for procurement fraud. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC had on Thursday, November 24, 2022, arraigned him before Justice Ijelu on…
Chairman of the Economic and Financial Crimes Commission, (EFCC), Olanipekun Olukoyede, has said that he turned down offers of not less than N500m given to him by many Nigerians when his mother died in his home state of Ekiti. He said this on Thursday at the Human and Environmental Development Agenda (HEDA Resource Centre) 38th…
Ekpoma town, abode of the Ambrose Alli University (AAU), Edo State, was almost turned into a ghost city recently as students of the institution allegly fled the town and shunned school premises for fear of possible arrest by operatives of the Economic and Financial Crimes Commission (EFCC). This is sequel to an earlier raid by…
As a gesture of its commitment to tackling economic and financial crimes and offering restitution to victims of fraudulent practices, the Economic and Financial Crimes Commission, EFCC, has handed over a total sum $132,362.43 (One Hundred and Thirty Two, Three Hundred and Sixty Two United States Dollars, Forty Three Cents), N78,566, 324. 81 (Seventy Eight…
A federal high court in Lagos has ordered the permanent forfeiture of $4.7 million, N830 million, and properties linked to Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). Yellim Bogoro, the presiding judge, granted the final forfeiture application brought by the Economic and Financial Crimes Commission (EFCC), in a judgement delivered on…
The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Directorate, on Wednesday, arraigned a legal practitioner, Barrister Alexander Uchenna Ozougwu, before Justice Sergius Onah of the Federal High Court sitting in Uyo, Akwa Ibom State, for allegedly defrauding his victims to the tune of N1. 3bn through a bogus foreign exchange investment scheme. He was…
The tenth prosecution witness , PW10, Mifbahu Idris in the trial of former Minister of Power, Saleh Mamman on Wednesday, February 19, 2025 told a Federal High Court, Abuja, presided over by Justice James Omotosho how he received the sum of N777,538 (Seven Hundred and Seventy-seven Million, Five Hundred and Thirty-eight Thousand Naira) in cash…
