The Economic and Financial Crimes Commission (EFCC) has indicted a new generation bank, six Fintechs and some microfinance banks in major financial scams by allowing fraudsters to launder huge sums of money. Director of public Affairs of the Commission, Mr Wilson Uwujaren, made this known at a news briefing at the commission’s headquarters in Abuja […]
The Economic and Financial Crimes Commission (EFCC) has indicted a new generation bank, six fintech firms, and several microfinance institutions in connection with financial scams that enabled fraudsters to launder ₦162 billion through cryptocurrency transactions in the 2024/2025 financial year. EFCC spokesperson Wilson Uwujaren disclosed at a press briefing that the institutions compromised standard […]
Former Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami (SAN), has yet to perfect his bail conditions amid a fresh investigation into arms and ammunition allegedly discovered at his residence in Birnin Kebbi, Kebbi State. Malami is facing a separate probe by the Department of State Services (DSS) following the discovery […]
The Economic and Financial Crimes Commission, EFCC, has expressed great displeasure on the claims of Bauchi State Governor, His Excellency, Bala Mohammed that the Commission is being used by political opponents, particularly the Minister of the Federal Capital Territory, Nyesom Wike, to persecute him and his aides. EFCC said in a statement by […]
The Economic and Financial Crimes Commission (EFCC), has filed a fresh charge against Yakubu Adamu, Bauchi State Commissioner for Finance, and others bordering on alleged terrorism financing to the tune of 9.7 million U.S dollars. Adamu, alongside Balarabe Abdullahi Ilelah, Aminu Mohammed Bose and Kabiru Yahaya Mohammed, who are 2nd to 4th defendants respectively, […]
The Federal Capital Territory (FCT) High Court has dismissed an application by the former Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, seeking his release from the custody of the Economic and Financial Crimes Commission (EFCC). In a ruling delivered on Thursday, Justice Babangida Hassan held that Malami’s detention was lawful and […]
Rights activist and lawyer, Barrister Deji Adeyanju, has insisted that the Economic and Financial Crimes Commission must investigate former Attorney General of the Federation, Abubakar Malami, saying public office demands full accountability. Adeyanju said Malami’s claim that the EFCC is acting out of political vendetta and lacks the competence to probe him was unfortunate and […]
The Presidency has launched a scathing attack on opposition politicians who accused the President Bola Tinubu administration of stifling democracy and weaponising the Economic and Financial Crimes Commission (EFCC), describing them as a “failed opposition engaging in subterfuge.” In a statement released on Sunday by the Special Adviser to the President on Information and Strategy, […]
Leaders of opposition political parties have challenged the President Bola Tinubu- led ruling All Progressives Congress (APC) to halt the growing politicisation of state institutions for persecution of the opposition, warning that the Federal Government should prioritize anti-corruption, not anti-opposition. In a joint statement in Sunday , the opposition leaders said they were compelled to […]
Abubakar Malami, former attorney-general of the federation (AGF) and minister of justice, spent Monday night at the headquarters of the Economic and Financial Crimes Commission (EFCC) as interrogations intensified over an ongoing investigation. A close associate of the former minister told TheCable that Malami was invited for questioning on Monday but arrived late in the […]
Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), has dismissed claims that his recent interaction with the Economic and Financial Crimes Commission (EFCC) was connected to terrorism financing or money laundering allegations. In a statement issued by his media office on Wednesday, Malami insisted that his invitation by the anti-graft agency […]
Abubakar Malami, the former Attorney-General of the Federation (AGF) and Minister of Justice, has confirmed his release after honoring an invitation by the Economic and Financial Crimes Commission (EFCC) in Abuja. In a statement on X (formerly Twitter) on Saturday, Malami described his engagement with the anti-graft agency as “successful” but noted that he is […]
Timipre Sylva, former Minister of State for Petroleum Resources, has written to the Economic and Financial Crimes Commission (EFCC) requesting a mutually agreed date to appear before the agency regarding an alleged $14.8 million fraud case. In a letter dated November 24 and addressed to the EFCC Chairman, Ola Olukoyede, Sylva faulted the commission’s decision […]
The fourth prosecution witness of the Economic and Financial Crimes Commission (EFCC) in the alleged ₦80.2 billion money laundering case against Yahaya Bello, former governor of Kogi state, has reaffirmed that withdrawals made by the state government did not violate any banking regulations. During cross-examination before Justice Emeka Nwite of the Federal High Court, Abuja, […]
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), says it has arrested three individuals for alleged vote buying during Saturday’s Anambra State governorship election. In a statement posted on its official X account, the EFCC identified the suspects as Emeka Ilokasia, arrested at Ward 2, Njikoka Local Government; Nwachukwu Loretta, arrested at Ward […]
President Bola Tinubu says the Economic and Financial Crimes Commission (EFCC) has secured over 7,000 convictions and recovered assets worth over N500 billion within the past two years. The president spoke on Monday at a capacity-building workshop for judges in Abuja, where he was represented by Vice-President Kashim Shettima. “The EFCC has recorded over seven […]
Justice Simeon Amadi, the Chief Judge of Rivers State, has reiterated the judiciary’s commitment to sustaining a cordial working relationship with the Economic and Financial Crimes Commission (EFCC). Dele Oyewale, EFCC spokesperson, disclosed this in a statement, noting that Justice Amadi gave the assurance in Port Harcourt while receiving the newly appointed Acting Zonal Director […]
The Economic and Financial Crimes Commission (EFCC), on Thursday re-arraigned a former Minister of Power and Steel, Dr Olu Agunloye for alleged infractions in the award of contract for Mambila Hydroelectric Power Station. The EFCC had dragged Agunloye, before Justice Jude Onwuegbuzie of Federal Capital Territory (FCT), Apo, Abuja, on amended seven count- charge, bordering […]
The Enugu state government (ESG) has called out Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, over his crying theatrics, after defrauding the state of N5.7 billion. In a statement released on Friday night, Malachy Agbo, commissioner for information in Enugu, accused Ogundele of premeditated fraud, stating that his video was just to draw public […]
Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, has denied allegations of money laundering made against him by the Economic and Financial Crimes Commission (EFCC). Earlier on Friday, the EFCC released a statement through its spokesperson, Dele Oyewale, declaring Ogundele wanted for money laundering. Ogundele, popularly known as Sujimoto, has now responded to the allegations, […]