News Nigeria

EFCC interrogates ex-NIA boss Ambassador Dauda over missing $44m

Ihesiulo Grace 22 January 2018 0

The Economic and Financial Crimes Commission (EFCC) at the weekend quizzed the former acting Director- General of the National Intelligence Agency (NIA), Ambassador Muhammed Dauda, Daily Trust reports. It was reported how another $44million in cash kept in NIA’s vaults in Abuja was removed to

Crime News

EFCC arrests 2 bankers as suspected serial fraudsters

Ihesiulo Grace 20 January 2018 0

The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office has arrested two former staff of a new generation banks for conspiracy, stealing, and illegal diversion of funds. The suspects: Walter Ekomaye (39) and Ebenezer Adelowo (31) were arrested sequel to a petition from the bank’s Regional Control Compliance Officer and Zonal Control Compliance Officer. […]

News

Magu vows hard times for treasury looters as EFCC graduates 183 cadets

Ihesiulo Grace 20 January 2018 0

The Acting Chairman of Economic and Financial Crimes Commission ( EFCC), Ibrahim Magu has vowed that ” difficult times awaits treasury looters”. He said ,”corruption has dealt a great blow on the socio-economic life of this country,” and “treasury looters will no longer be treated with kid gloves”. A statement by Samin Amaddin ,the Acting […]

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EFCC launches probe over missing $500m Abacha loot

Ihesiulo Grace 19 January 2018 0

The Economic and Financial Crimes Commission (EFCC) has launched probe on the missing $500m Abacha loot. The foreign governments, which released the loot to the Federal Government after hard negotiations, demanded that the cash be used for concrete developments, including infrastructure, such as roads, water, healthcare and education. EFCC detectives tracking the

News

EFCC arraigns judge over unlawful gratification from SAN

Ihesiulo Grace 18 January 2018 0

The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned Justice Mohammed Yunusa, a suspended Federal High Court judge, before a Lagos State High Court in Ikeja, on a 5-count charge of alleged unlawful gratification and attempt to pervert justice. Justice Yunusa was arraigned alongside Esther Agbor, an employee of Rickey Tarfa (SAN) before Justice […]

News

EFCC arraigns ex-governor’s son over alleged money laundering

Ihesiulo Grace 17 January 2018 0

The Economic and Financial Crimes Commission, EFCC, on Wednesday arraigned former Nasarawa State Governor, Abdullahi Adamu’s son, Nuriani Adamu, before Justice J. K. Daggard of the Federal High Court, Kano over alleged money laundering. He was arraigned alongside one Felix Onyago on an amended six-count charge bordering on money laundering and illegal diversion of public

News Nigeria

Court freezes lawyer’s account over N40m

Ihesiulo Grace 16 January 2018 0

Justice Ibrahim Buba of a Federal High Court, Ikoyi, Lagos on Monday, freezed the account of a Lagos-based lawyer, Laitan Fawehinmi, over alleged N40 million fraud. The court ordered the freezing of the lawyer’s account number 0001172227 domiciled with Standard Chartered Bank, while granting an ex-parte application marked FHC/L/CS/1920/17, filed against the lawyer by

News Nigeria

EFCC raises alarm over ‘fake officials executing search warrants’

Ihesiulo Grace 11 January 2018 0

The Economic and Financial Crimes Commission (EFCC) has raised an alarm over impostors who goes about executing search warrants in other to dupe unsuspecting persons, especially politicians and public office holders. The Commission, therefore, warned members of the public to be wary of these unscrupulous persons and urged them to verify the authenticity of any […]

News

Ex – investigator advocates increased funding for EFCC

Ihesiulo Grace 11 January 2018 0

A former consultant and investigator with the EFCC Mr. Victor Osita Uwajeh has called on the Federal Government to as a matter of urgency, increase the budgetary allocation of the Economic and Financial Crimes Commission (EFCC) to achieve maximum results in the fight against corruption. Uwajeh who stated that there is need for an increased […]

News Top Stories

EFCC asks Court to order permanent forfeiture of Ikoyi property

Ihesiulo Grace 11 January 2018 0

One month after a Federal High Court, Ikoyi,Lagos ordered the temporary forfeiture of a property situated at Flat 7B, No.16, Osborne Road, Ikoyi, Lagos, the Economic and Financial Crimes Commission (EFCC) on Wednesday asked Justice Saliu Saidu, to order the final forfeiture of the property to the Federal Government. The judge had on November 9, […]

Opinion

Nigeria coming out from conspiracy of silence: The case of Innoson, EFCC and GTB

Ihesiulo Grace 9 January 2018 0

We have reached a stage where we cannot put people in one box and conclude that, that it is the way it should be. Ideas are working in the global world where people are on the same wave length of thoughts in ideology and development. If we want to move fast with the world, we […]

News

No Leadership Change in EFCC- Agency

Ihesiulo Grace 27 December 2017 0

* Says Magu still acting chairman, warns purveyors of fake news The Economic and Financial Crimes Commission (EFCC) has said that there is no leadership change in the commission, insisting that Mr Ibrahim Magu is still the acting chairman of the agency. The commission stated this on its platforms, Facebook/Twitter handle on Monday while debunking […]

Crime News

EFCC Arrests 13 Suspected Internet Fraudsters

Ihesiulo Grace 23 December 2017 0

The Economic and Financial Crimes Commission, EFCC, Lagos zonal office, has arrested 13 suspected Internet fraudsters for conspiracy, possession of fraudulent documents and obtaining money under false pretence. The suspects are- Badejo Tobi; Abiola Dimeji; Anthony Godwin; Osoba Adeboye; Adeleke Abiodun and Awokoya Oriyomi Yusuf. Others are: Oyatayo Ismail; Coffie Meschark;

Opinion

EFCC’s arrest of Innoson and GTB loan: Facts behind saga

Ihesiulo Grace 22 December 2017 0

Recently, the Innoson/GTBank story has gained so much media prominence, especially following the arrest of the Innonson chairman a few days ago by EFCC. Though the case is pending in court, Innoson has taken the battle to social media. There have been numerous sponsored social media campaigns against the bank such as #BewareOfGTBank and #WhatIsWrongWithGTBank. […]

News

Real reason Innoson boss rejected EFCC’s bail

Ihesiulo Grace 21 December 2017 0

Following the release of Dr Innocent Chukwuma (OFR) from the custody of the Economic and Financial Crimes Commission last evening, new facts have emerged on his initial refusal to leave their premises. The facts were premised on the Commission’s inability to officially communicate to Dr. Chukwuma, why he was arrested like a common criminal. According […]

News

EFCC has granted autonomy to NFIU – Magu

Ihesiulo Grace 21 December 2017 0

The Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu Wednesday told the Senate that the Nigeria Financial Intelligence Unit (NFIU) has been granted autonomy. Magu, who appeared before the Senate Committee on Anti-Corruption and Financial Crimes, to defend the performance of 2017 budget of his agency, promised to submit details of recovered

News Top Stories

Breaking: EFCC releases Innoson boss on bail

Ihesiulo Grace 20 December 2017 0

The Economic and Financial Crimes Commission has revealed that it has released the CEO of Innosson Motors, Chief Innocent Chukwuma on bail. The Innosson boss was arrested by the country’s anti-graft agency following allegations that he forged documents to secure tax waivers. The EFCC in a statement released lat Wednesday night, however, confirmed that CHief […]

News Top Stories

N1.8bn subsidy fraud: EFCC gets Supreme Court nod to probe, prosecute Yanaty Petrochemical

Ihesiulo Grace 16 December 2017 0

The Supreme Court on Friday gave nod to the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute Yanaty Petrochemical limited over N1, 840, 768, 720 petroleum subsidy fraud allegedly committed in March 2011. The apex court in a unanimous judgment dismissed the appeal filed by the firm and added that the trial court […]

News Nigeria

Assets forfeiture: Diezani goes back to Court Feb 18

Ihesiulo Grace 16 December 2017 0

Further hearing in a suit filed by the Economic and Financial Crimes Commission (EFCC), seeking final forfeiture of $4.760 million two Penthouses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been fixed by a Federal High Court, Ikoyi, Lagos. Justice Mojisola Olatoregun on Friday fixed February 12, 2018 due to non […]

News

EFCC Sensitises FAAN on Corruption

Ihesiulo Grace 15 December 2017 0

The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Mr Ibrahim Magu, has called for improved collaboration with the Federal Airports Authority of Nigeria, FAAN, in checking the free movement of criminals and brazen laundering of illicit funds through the nation’s airports. Magu spoke on Thursday at a one-day Anti- Corruption Sensitization Programme