Alhaji Muhammad Bashir Sa’idu, the former Chief of Staff to Malam Nasir El-Rufai, has reportedly implicated his former principal, El-Rufai, in a confessional statement linked to an ongoing money laundering investigation. Sa’idu was arrested and arraigned on December 31, 2024, at the Chief Magistrate Court in Rigasa, Kaduna, where he was remanded in custody. Sa’idu…
A Federal High Court in Lagos has dismissed the fraud charges amounting to N144 million against Mrs Mariam Isoje, the Branch Head of Providus Bank Plc Justice Yellim Bogoro struck out the charges after the Police Prosecutor, Mr. H. Obazi, filed a notice of withdrawal, with no objections from the defence counsel, Mr. Mobolaji Kuti….
An Ikeja Special Offences Court on Wednesday dismissed the application filed by the embattled ex-Governor of Central Bank, Godwin Emefiele, challenging the jurisdiction of the court to hear his case. The Economic and Financial Crimes Commission (EFCC) had filed a 26-count charge against Emefiele, for alleged misuse of office, resulting in losses of $4.5 billion…
In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission, EFCC, dismissed 27 officers from its workforce in 2024. The officers were dismissed for various offences bordering on fraudulent activities and misconduct. Their dismissal, following the recommendation of the staff disciplinary committee of the EFCC, was…
The Economic and Financial Crimes Commission (EFCC) has reportedly questioned the Accountant General of Delta State, Mrs. Joy Enwa, as part of its ongoing investigation into the alleged misappropriation of N1.3 trillion during the administration of former Governor Ifeanyi Okowa. The investigation focuses on the alleged diversion of funds from the 13% derivation allocation intended…
Three Nigerians, Nnamdi Benson, Richard Uzuh, and Felix Okpoh, have been placed on the United States Federal Bureau of Intelligence’s Most-Wanted list for their alleged involvement in a $6m Business Email Compromise scheme. It was gathered on Wednesday from notices published on the FBI website that the trio were part of a syndicate that allegedly…
No fewer than 14 Nigerians have been declared wanted by the International Police for offences ranging from human trafficking, drug trafficking, robbery, cheating, and forgery, among others. PUNCH Metro gathered on Tuesday from Red Notices published on the INTERPOL website that the 14 Nigerians were wanted by different countries where they had allegedly committed the…
A three-man panel of the Court of Appeal, Lagos Division, has upheld the conviction and sentencing of a businessman, Kolawole Adedayo Erinle, to 12 years imprisonment for $1.4m fraud. Erinle and his company, Rinde-Remdex Nigeria Limited, were first arraigned before Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos, on March 11,…
The Economic and Financial Crimes Commission, EFCC, on Monday, arraigned a businessman, Akindele Akintoye, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on charges bordering on money laundering and contract fraud. Akintoye allegedly collected $35million from the Nigeria Content Development and Monitoring Board to build a 2000 barrel- per -day refinery, jetty,…
