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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

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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

Crime

EFCC nabs 24 suspected fraudsters in Benin

DailyTimesNGR DailyTimesNGR 30 August 2024 0

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Wednesday August 28, 2024 arrested 24 suspected internet fraudsters at different locations within Benin City. The suspects were arrested based on actionable intelligence regarding their suspected involvement in internet- related fraud. READ ALSO: Kebbi Govt donates over

Crime

$1million fraud: Syndicate impersonating Olukoyede arrested

DailyTimesNGR DailyTimesNGR 30 August 2024 0

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a four-man syndicate of alleged fraudsters impersonating and blackmailing the Executive Chairman of the Commission, Mr. Ola Olukoyede in a $1million deal. The fraudsters: Ojobo Joshua, Aliyu Hashim, Thomas Oduh and Paul Ogiji were arrested on Wednesday, August 28, 2024 at Gimbiya Street, Garki

Crime

EFCC nabs 14 suspected fraudsters in Makurdi

DailyTimesNGR DailyTimesNGR 23 August 2024 0

Operatives of the Economic and Financial Crimes Commission, EFCC, Makurdi Zonal Directorate on Wednesday August 21, 2024 arrested 14 suspected internet fraudsters in a sting operation along Federal Lowcost Housing Estate Makurdi, Benue State. Their arrest followed actionable intelligence about their suspected involvement in internet fraud. The suspect are: Austine Okwori,

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N90BN Hajj fraud allegation: More arrests as EFCC grants NAHCON boss bail after 3 nights

DailyTimesNGR DailyTimesNGR 17 August 2024 0

..To report for interrogation every Monday BY ORIAKU IJELE & BARTH EZE The Economic and Financial Crimes Commission (EFCC) has granted the detained Executive Chairman of the National Hajj Commission of Nigeria (NAHCON),Jalal Arabi, and Abdullahi Kontagora, the Commission’s Secretary, administrative bail over allegations of gross financial infractions in the ₦90

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EFCC seeks specialised court to try cases of oil theft, vandalism

DailyTimesNGR DailyTimesNGR 16 August 2024 0

The Economic and Financial Crime Commission (EFCC) has made a case for a specialised court to try culprits of oil theft in the country. Mr Michael Uzokwe, the Chief of Staff to the Chairman of the commission, Mr Ola Olukoyede said this during the investigative hearing of crude oil theft in Abuja. Uzokwe said that […]

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Anxiety in LG councils as EFCC launches probe into financial transactions

DailyTimesNGR DailyTimesNGR 11 August 2024 0

BY ORIAKU IJELE & BEN EMEKA Fear and unease are the best way to describe the situations in all the 774 local government areas (LGAs), in Nigeria following the decision by the Economic and Financial Crimes Commission (EFCC), to monitor and track all financial transactions in the Local Government Areas of the Federation as a […]

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Abuja Property Developer, Accuses EFCC Of Intimidation, Harassment, Seeks Presidential Intervention

DailyTimesNGR DailyTimesNGR 1 August 2024 0

An Abuja-based property developer and the CEO, Homadil Realty Limited, Rebecca Omokamo Godwin-Isaac aka Hajia Bilkisu Ishaku Yusuf has accused the Economic and Financial Crimes Commission (EFCC) of engaging in intimidation and harassment against her over a property in Abuja which she said she duly acquired with the relevant document. In a release she signed […]

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N6.9bn fraud trial: EFCC presents more witness against Fayose

DailyTimesNGR DailyTimesNGR 20 July 2024 0

The Economic and Financial Crimes Commission, EFCC, on Friday, July 19, 2024, presented its 14th prosecution witness, PW14, Sahibu Salisu, a former Director of Administration and Finance, Office of the National Security Adviser, NSA, in the trial of alleged N6.9bn fraud involving a former governor of Ekiti State, Ayodele Fayose, and his company, Spotless Investment […]

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EFCC: COTER kicks against nationwide protest

DailyTimesNGR DailyTimesNGR 4 July 2024 0

Coalition for Transparency and Economic Reforms (COTER) have kicked against the Friday July 5, 2024 proposed nationwide protests against the operations of the anti-graft agency, Economic and Financial Crimes Commission (EFCC) by a group, @PIDOM Nigeria, describing it as another EndSARS violence in disguise. The Coalition, comprising of 259 Civil Society Organizations also

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EFCC nabs 127 suspected fraudsters at ‘Yahoo Party’ in Akure

DailyTimesNGR DailyTimesNGR 9 June 2024 0

…as military neutralises scores of terrorists BY ANDREW OROLUA Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested One Hundred and Twenty Seven (127) suspected internet fraudsters in Ondo State. The alleged internet fraudsters were arrested in an early morning sting operation at a “ Yahoo Party” held […]