Tag: Economic and Financial Crimes Commission

Just In: Nigerian Investment Council’s Boss, Sadiku Arrested, detained

The Executive Secretary of the Nigerian Investment Promotion Council, Mrs Yewande Sadiku, has been arrested and detained by the Economic and Financial Crimes Commission, EFCC, over alleged monumental fraud. The technocrat, who arrived at the headquarters of the anti-graft agency at about 11am, on Monday, August 9, 2021, is being[Read More…]

Ikoyi Court discharge Senator Peter Nwaoboshi of the N322m money laundering charges

The Lagos State Federal High Court, Ikoyi, has discharged Senator Peter Nwaoboshi of the N322m money laundering charge filed against him by the Economic and Financial Crimes Commission. Nwaoboshi represents Delta North Senatorial District in the National Assembly. In the two-count charge marked FHC/L/117C/18, the EFCC alleged that the defendants[Read More…]

EFCC Chairman says the commission is to focus on “tax consultants, car dealers, real estate managers, lawyers and accountants” in its war against corruption

The Economic and Financial Crimes Commission (EFCC) says the commission was working tirelessly to focus on gatekeepers in money laundering. Executive Chairman of EFCC, Abdulrasheed Bawa, told the News Agency of Nigeria (NAN) in New York that the gatekeepers are non-designated financial institutions as provided for in the Money Laundry[Read More…]

Breaking: EFCC arrests the immediate past governor of Kwara State, Abdulfatah Ahmed

The immediate past governor of Kwara State, Abdulfatah Ahmed, has been arrested by the Economic and Financial Crimes Commission (EFCC). Sources at the anti-graft agency told Channels Television that the former governor is being questioned by a crack team of operatives at the EFCC headquarters in the Jabi area of Abuja, the[Read More…]

Despite allegations, we did not investigate new EFCC boss before confirmation – Senate Chairman on anti-corruption

The Senate has disclosed that it did not investigate the corruption allegations levied against the latest Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa before confirmation. The Chairman of the Senate Committee on Anti-corruption / financial crimes, Suleiman Kwari stated this when he appeared in an interview[Read More…]

Bye-election: EFCC arrests a top Bauchi State government official for alleged vote buying

The Economic and Financial Crimes Commission (EFCC) has arrested Abdon Dalla, special adviser on civil service and labour matters to Bala Mohammed, Bauchi governor, over alleged vote buying. Dalla was arrested on Saturday after voting during the Dass state bye-election in Bauchi. The EFCC operatives reportedly recovered a sum of[Read More…]

Breaking: Fleeing Abdulrasheed Maina arrested in Niger Republic

Abdulrasheed Maina, the wanted former chairman of the Pension Reform Task Team (PRTT) was on Monday evening was arrested in Niger Republic by the operatives of Niger Republic intelligence service in collaboration with Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission, EFCC. According to PR Nigeria, the arrest was made[Read More…]

Just In: Buhari receives reports by Judicial Commission of Inquiry probing Ibrahim Magu

President Muhammadu Buhari has received the report of the Justice Ayo Salami-led probe panel on alleged corruption charges against suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, at the State House, Abuja. In a ceremony in the Executive Council Chambers of the State House, the[Read More…]

How Ex-Lagos Speaker, Ikuforiji Laundered N14.7m- Witness

The first prosecution witness, PW1, Adebayo Adeniyi, an investigator with the Economic and Financial Crimes Commission, EFCC, on Wednesday, September 30, 2020, told Justice Muhammed Liman of the Federal High Court sitting in Ikoyi, Lagos how a former Speaker of the Lagos State House of Assembly, Adeyemi Ikufori, diverted the[Read More…]

Magu petitions Salami panel, wants Malami to provide evidence of corruption

The suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has applied to the Justice Ayo Salami (retd)-led investigative panel to summon the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami. Magu, who is being investigated by the panel for alleged abuse of office[Read More…]