Headlines

N12bn bribery scandal: Customs high command jittery as EFCC quizzes more top officers

DailyTimesNGR DailyTimesNGR 2 March 2024 0

…CSOs insist on prosecution of indicted personnel By Eunice Akaukwu Palpable anxiety is wafting amongst the top echelon of Nigeria Customs Service, following the recent multibillion naira bribery scandal currently being investigated by the Economic and Financial Crimes Commission, EFCC.

Headlines

Alleged N10bn fraud: EFCC to arraign ex Kwara Governor Ahmed today

DailyTimesNGR DailyTimesNGR 23 February 2024 0

By Tom Okpe The Economic and Financial Crimes Commission (EFCC) will today arraign the immediate past governor of Kwara State, Abdulfatah Ahmed, for alleged N10 billion fraud. Ahmed will be arraigned before a Federal High Court in Ilorin, the Kwara State capital. The EFCC had, on Monday, grilled the ex governor over transactions running into […]

Headlines

EFCC grills ex Kwara Gov over alleged diversion of N10bn

DailyTimesNGR DailyTimesNGR 20 February 2024 0

The Economic and Financial Crimes Commission (EFCC) on Monday grilled a former Kwara State Governor, Abdulfatah Ahmed over an alleged diversion of N10billion during his tenure. Ahmed, who was governor of Kwara State from 2007 to 2015, was grilled ahead of his impeding trial by the anti graft agency. Ahmed will have his day at […]

Headlines

EFCC declares Emefiele’s wife wanted

DailyTimesNGR DailyTimesNGR 11 February 2024 0

The Economic and Financial Crimes Commission (EFCC) has declared Margaret Emefiele, the wife of former governor of Central Bank of Nigeria (CBN), Godwin Emefiele, wanted for alleged financial crimes. According to the EFCC, Mrs. Emefiele and Eric Odoh, Anita Omoile as well as Jonathan Omoile are wanted for allegedly for allegedly “conspiring with the former […]

Headlines

EFCC launches task force to combat forex crimes

DailyTimesNGR DailyTimesNGR 8 February 2024 0

By Andrew Orolua In a bid to clamp down on foreign exchange speculation, hoarding, and racketeering, the Economic and Financial Crimes Commission (EFCC) has established a dedicated task force. The newly formed task force, stationed across the agency’s 14 Zonal Commands, aims to bolster efforts against currency manipulation and the dollarization of the economy.

Headlines

N109bn fraud: I was tricked by EFCC to indict myself -Ex AGF

DailyTimesNGR DailyTimesNGR 2 February 2024 0

By Andrew Orolua The former Accountant General of the Federation (AGF) Ahmed Idris, has accused the Economic and Financial Crime Commission (EFCC) of tricking him into admitting to stealing over N109 billion from public treasury. The ex-AGF claimed that the EFCC told him they wanted to use him to get at the a former Minister […]

News

EFCC indicts religious bodies for terrorism, money laundering

DailyTimesNGR DailyTimesNGR 1 February 2024 0

…Court blocks agency’s attempts to recover N13bn By Andrew Orolua The Economic and Financial Crimes Commission (EFCC) has indicted religious sect in Nigeria for laundering money for terrorists. The anti graft agency also said it has traced N7 billion of N13 billion laundred by a suspect to the bank account of another religious body. The […]

News

EFCC arraigns impeached Ogun Speaker, two others for alleged N2.5bn fraud

DailyTimesNGR DailyTimesNGR 30 January 2024 0

By Abiodun Taiwo The Economic and Financial Crimes Commission (EFCC) on Monday arraigned the impeached Speaker of the Ogun state House of Assembly, Olakunle Oluomo. Also arraigned were two other principal career officers of the Assembly, Dayo Samuel and Adeyemo Adedeji. The trio were arraigned before a Federal High Court sitting in Oke Mosan, Abeokuta, […]

News

EFCC arraigns Yahaya Bello’s wife, nephew for alleged money laundering

DailyTimesNGR DailyTimesNGR 28 January 2024 0

Also Recall that the EFCC, also arraigned Rashida, wife of the Kogi State Governor, Yahaya Bello, at the Federal High Court, Abuja, for alleged money laundering. Then the EFCC’s Head of Media and Publicity, Wilson Uwujaren, confirmed the development in a statement in Abuja, said the governor’s wife was arraigned alongside her husband’s nephew, Ali […]

Headlines

EFCC dusts Yahaya Bello’s files, may be arrested this week

DailyTimesNGR DailyTimesNGR 28 January 2024 0

BY CHIBUZOR DURU There are indications that the former governor of Kogi State, Yahaya Adoza Bello, will be invited for questioning by the Economic and Financial Crimes Commission, EFCC, as his tenure ended on January 27, 2024, having lost his power of immunity. On Saturday, Bello’s tenure ended as the then youngest governor in Kogi […]

News

EFCC to arraign Obiano over alleged ₦4bn fraud Wednesday

DailyTimesNGR DailyTimesNGR 23 January 2024 0

The Economic and Financial Crimes Commission will arraign the immediate-past governor of Anambra State, Willie Obiano, on Wednesday, January 24, before Justice Inyang Ekwo of the Federal High Court, Abuja, over alleged money laundering to the tune of N4,008,573,350. Our correspondent gathered on Tuesday that the ex-governor will be arraigned on nine count charges. The […]

News

Alleged $9.6bn scam: How top govt officials aided P&ID directors–EFCC Investigator

DailyTimesNGR DailyTimesNGR 17 January 2024 0

An investigator with the Economic and Financial Crimes Commission (EFCC), Mr. Umar Babangida, on Tuesday, revealed how top government officials aided Process and Industrial Development (P&ID) Ltd.’s directors in the alleged $9.6 billion scam against Nigeria. Babangida, who was the 2nd prosecution witness (PW2) in the ongoing trial of fleeing James Nolan, an Irish

News

Land Fraud: LASRERA seeks stronger collaboration with EFCC

DailyTimesNGR DailyTimesNGR 14 January 2024 0

The Lagos State Real Estate Regulatory Authority, LASRERA, has called for greater collaboration with the Economic and Financial Crimes Commission, EFCC, to check fraudulent malpractices in the real estate sector in the state. This call was made in Lagos by the Special Adviser on Housing, LASRERA, Ms. Barakat Odunuga-Bakare , while on a courtesy visit […]

Headlines

Edugate: More heads to roll as EFCC quizzes bank chiefs

DailyTimesNGR DailyTimesNGR 10 January 2024 0

… Report indicts Tinubu’s Minister By Andrew Orolua and Tunde Opalana The ongoing probe into the underhand financial dealings in the Ministry of Humanitarian Affairs and Poverty Alleviation may claim many high profile casualties. The Economic and Financial Crimes Commission (EFCC) on Tuesday widened its drag net in the ongoing investigations of corrupt practices by

Headlines

Edu in EFCC net over alleged N585m fraud

DailyTimesNGR DailyTimesNGR 9 January 2024 0

By Andrew Orolua The Economic and Financial Crimes Commission (EFCC) has invited the suspended for Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu for questioning. She is to report on Tuesday (today) at the EFCC headquarters, located at Jabi, Abuja. The anti graft agency extended the invitation to Edu on Monday, about an […]

News

EFCC to Arrest Buhari’s Minister over Alleged N37.1bn Fraud

Ihesiulo Grace 4 January 2024 0

A former minister of humanitarian affairs, Sadiya Umar Farouq, faces imminent arrest by the Economic and Financial Crimes Commission (EFCC) for allegedly misappropriating N37.1 billion during her tenure. Farouq, wife of former Air Marshal Sadique Abubakar, refused to honour the EFCC’s summons to answer questions about the suspicious funds allegedly diverted through a

Headlines

EFCC operatives conduct search at Dangote head office

DailyTimesNGR DailyTimesNGR 4 January 2024 0

Operatives of the Economic and Financial Crimes Commission (EFCC) are currently at the Lagos head office of the Dangote Group, TheCable understands. They are conducting a search on forex allocations to the company during the tenure of Godwin Emefiele as governor of the Central Bank of Nigeria (CBN). Dele Oyewale, the EFCC spokesman, declined comments […]

News

EFCC: Uncovers N37bn fraud in humanitarian ministry, indices minister, contractor

Ihesiulo Grace 24 December 2023 0

The Economic and Financial Crimes Commission EFCC, has uncovered a total sum of N37,170,855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under former minister Sadiya Umar-Farouk. Details of the ongoing probe exclusively revealed that the money was transferred from the Federal Government’s coffers and sent to 38 different bank accounts domiciled in

News

2024 Budget Defence: EFCC proposes N76.586 ban as against N43.109

DailyTimesNGR DailyTimesNGR 6 December 2023 0

…says capital projects executed in 2023 were 2022 rolled over By Tom Okpe The country’s Economic and Financial Crime Commission, (EFCC) has proposed a budget of N76.586 billion for the next financial year, 2024 against it’s currently, appropriation of N43.109bn for the year ended 31 December, 2023. The Commission also said the capital projects executed […]

Crime

EFCC arraigns businessman, coy for alleged N822.4m fraud

DailyTimesNGR DailyTimesNGR 25 November 2023 0

The Economic and Financial Crimes Commission (EFCC), has arraigned a businessman, Uchenna Minnis, before an Ikeja Special Offences Court for alleged N822.4 million fraud. Minnis was arraigned alongside his company, Howard Minnis Asset Management Ltd., on a two-count charge of obtaining by false pretense and dishonest conversion. The EFCC counsel, Mr Mohammed Bashir, told