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Alleged Contract Racketeering: PDP chieftain asks EFCC, ICPC to probe Ebonyi commissioners

DailyTimesNGR DailyTimesNGR 6 April 2025 0

By Our Reporter The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC) have been urged to arrest and probe Ebonyi State commissioners over alleged contract racketeering. The call was made by a chieftain of the

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EFCC nabs 13 internet fraudsters in Akwa Ibom

DailyTimesNGR DailyTimesNGR 26 March 2025 0

By Theresa Donatus The Economic and Financial Crimes Commission (EFCC) has arrested 13 suspected internet fraudsters in Uyo, Akwa Ibom State, in an operation carried out last Friday. In a press release signed by the Head, Media & Publicity, Dele Oyewale stated that the arrests were made following an intelligence-driven sting operation led by the […]

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EFCC arrests eight trucks conveying illegal solid minerals in Makurdi

DailyTimesNGR DailyTimesNGR 15 March 2025 0

By Our Reporter   Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,  have arrested eight trucks conveying illegal solid minerals. The suspects were arrested at Katsina-ala Local Government Area of Benue State on their way out of the state to a destination not confirmed yet.  The Solid minerals they […]

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EFCC arraigns Jude Okoye on fresh charges in Lagos

DailyTimesNGR DailyTimesNGR 5 March 2025 0

BY ANDREW OROLUA The Economic and Financial Crimes Commission, EFCC, on Tuesday, arraigned Jude Chigozie Okoye, older brother and ex-manager of Paul and Peter Okoye, before Justice Rahman Oshodi of a Special Offences Court sitting in Ikeja, Lagos on fresh four-count charges. He was arraigned on offences bordering on stealing to the tune of $1,019,762.87 […]

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EFCC hands over recovered $132,362.43, N78,566,324.81 to foreign victims of fraud

DailyTimesNGR DailyTimesNGR 22 February 2025 0

BY ANDREW OROLUA As a gesture of its commitment to tackling economic and financial crimes and offering restitution to victims of fraudulent practices, the Federal Government on Friday handed over a total sum of $132,362.43 and N78,566, 324. 81 recovered from local fraudsters to American, Spanish and Swiss victims The unprecedented ceremony was conducted by […]

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FCT-IRS seeks EFCC’s partnership to enhance tax compliance

DailyTimesNGR DailyTimesNGR 30 January 2025 0

By Ukpono Ukpong The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance tax compliance in the FCT. The Acting Chairman of the Service, Michael Ango during a courtesy visit to the Executive Chairman of the EFCC, Olanipekun Olukoyede at the Commission’s Corporate

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EFCC detains 10 staff for alleged theft of missing items

DailyTimesNGR DailyTimesNGR 9 January 2025 0

BY ANDREW OROLUA Ten officers of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have being detained over investigation of some missing items involving them. Their arrest and detention was in line with efforts to sweep the Economic and Financial Crimes Commission, EFCC, clean of corrupt tendencies, Mr. Dele Oyewale, the […]

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EFCC dismisses 27 officers for fraudulent activities, misconduct

DailyTimesNGR DailyTimesNGR 8 January 2025 0

BY ANDREW OROLUA In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission, EFCC, dismissed twenty seven (27) officers from its workforce in 2024. The officers were dismissed for various offences bordering on fraudulent activities and misconduct. A statement by Dele Oyewale, Head, Media & Publicity […]

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EFCC Arrests 792 Crypto Fraudsters in Lagos’ Largest Crackdown

Ihesiulo Grace 16 December 2024 0

The Economic and Financial Crimes Commission (EFCC) has apprehended 792 individuals in what is being described as the largest one-day operation against cryptocurrency and romance fraud networks. The arrests were made in a seven-story building in Victoria Island, Lagos, with the suspects linked to widespread online fraud schemes. Among the arrested were 114 Chinese

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Midnight raid, harrasment: Ezeanyagu writes EFCC Chairman, seeks N150m compensation, public apology

DailyTimesNGR DailyTimesNGR 9 December 2024 0

Ugochukwu Ezeanyagu, an Economist and contractor from Umuahia, Abia State, has petitioned the Chairman, Economic and Financial Crimes Commission, EFCC Olanipekun Olukoyede, over a midnight raid on his home. Writing through his lawyers, Equity Law Partners in a letter signed by Shankyula, T.S and made available to journalists, Ezeanyagu narrated that about 15 EFCC

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EFCC Detains Former NCDMB Chief Wabote, Businessman Akindele in $35 Million Bayelsa Refinery Fraud Probe

Ihesiulo Grace 13 November 2024 0

Timber Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), and Akintoye Akindele, Managing Director of Atlantic International Refinery and Petrochemical Limited, are under investigation by the Economic and Financial Crimes Commission (EFCC) over a $35 million fraud tied to the Atlantic Refinery Project in Bayelsa

Headlines

Corruption behind frequent national grid collapse –EFCC

DailyTimesNGR DailyTimesNGR 13 November 2024 0

BY ORIAKU IJELE Mr Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has attributed the frequent collapse of national grid to activities of corrupt contractors. The EFCC boss said this while receiving members of the House of Representatives Committee on Financial Crimes during an oversight visit to the commission’s headquarters

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Okowa did not fund my presidential campaign, Atiku tells EFCC

DailyTimesNGR DailyTimesNGR 10 November 2024 0

BY TUNDE OPALANA Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has denied speculations that the former governor of Delta State, Dr. Ifeanyi Okowa was arrested by the Economic and Financial Crimes Commission (EFCC) for embezzling the state fund while in office to allegedly fund Atiku’s presidential campaign. There

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EFCC cripples Edo Govt, arrests Accountant General, others days to Obaseki’s handover

DailyTimesNGR DailyTimesNGR 3 November 2024 0

..Plans to hold arrested officials till November 12 BY TITUS AKHIGBE The Economic and Financial Crimes Commission (EFCC) has arrested the Edo State Accountant General, Julius Anelu, and three other officials, said to be signatories to the state government accounts. Their arrest is coming less than 11 days to the handing over to the Governor-elect, […]

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Alleged $6bn fraud: Ex-Power minister opposes EFCC amended charge

DailyTimesNGR DailyTimesNGR 22 October 2024 0

A former minister of power, Dr Olu Agunloye, on Monday challenged the amended charge filed against him by the Economic and Financial Crimes Commission (EFCC) in an FCT High Court. He is standing trial on allegations of some infractions in the award of the six billion dollars Mambila Hydropower plant in Taraba. Agunloye, who served […]

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Agbakoba writes NASS, says EFCC is an unlawful organisation

Ihesiulo Grace 17 October 2024 0

A former President of the Nigerian Bar Association (NBA, Mr Olisa Agbakoba, SAN, says the Economic and Financial Crimes Commission (EFCC) is an unlawful organisation. Agbakoba stated this in two separate letters to the Senate and House of Representatives, dated Oct. 14 and a certified true copy of it made available to newsmen on Wednesday […]

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EFCC investigates officers over N15m bribe allegation by cross-dresser, Bobrisky

DailyTimesNGR DailyTimesNGR 25 September 2024 0

Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has ordered immediate investigation of alleged bribery allegations imputed to some officers of the Commission by Idris Okuneye(a.ka.a Bobrisky) in a viral video circulating across the country. Okuneye, an ex-convict had alleged in the video powered by Martins Vincent Otse( a.k.a

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EFCC hands over recovered monetary asset to Spanish Ambassador

DailyTimesNGR DailyTimesNGR 21 September 2024 0

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede on Friday, September 20, 2024 handed over €5100 (Five Thousand, One Hundred Euros) proceeds of crime to the Spanish Ambassador to Nigeria, His Excellency, Juan Ignacio Sell. The sum was recovered from a Nigerian romance fraudster for Heinz Burchard Einhaus Uchtmann, a […]

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Derivation Funds: EFCC investigates S’South governors, cites high scale embezzlement

DailyTimesNGR DailyTimesNGR 15 September 2024 0

BY ORIAKU IJELE & EZE BARTH The Economic and Financial Crimes Commission, EFCC has commenced investigations over the embezzlement of over a trillion naira embezzlement discovered by the Commission allegedly committed by a particular governor in the Niger Delta of the South South zone of the country. Our correspondent who was at the two-day, First […]

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EFCC warns designated non-financial business operators against money laundering

DailyTimesNGR DailyTimesNGR 6 September 2024 0

The Economic and financial Crimes Commission (EFCC) has warned Designated Non-Financial Businesses and Professions (DNFBPs) to conduct their dealings in line with provisions of the Money Laundering Prohibition and Prevention Act 2022. Dele Oyewale, the Spokesperson for EFCC, said this in a statement on the Website of the commission on Thursday. Oyewale explained that the