EFCC

N5bn fraud: Akingbola has case to answer – Supreme Court

4 days ago Admin 0
The Supreme Court on Friday ordered, Erastus Akingbola, to return to the Federal High Court, Lagos, to answer his alleged five billion Naira fraud charge. Akingbola is a former Managing Director of the defunct Intercontinental Bank Plc. Justice Tanko Muhammad, leading a five-man panel, affirmed the Feb. 20, 2015 judgment of the Court of Appeal Read More

Bola Shagaya Loses Bid To Reclaim Seized N1.9bn

5 days ago Admin 0
The Federal High Court in Lagos has dismissed an application seeking to unfreeze a Unity Bank account with a balance of N1,902,673,399.93 belonging to Hajiya Bola Shagaya. Justice Oluremi Oguntoyinbo, in a judgment on Thursday, threw out Shagaya’s application, declaring that it lacked merit. The Economic and Financial Crimes Commission had, on December 29, 2016, Read More

EFCC Has Recovered N500bn, Secured 486 Convictions – Magu

7 days ago Admin 0
The Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said that the country has recovered N500 billion and secured 486 convictions since he took over in November 2015 till date. He made this known at the commissioning of the commission’s new head office in Abuja on Tuesday. “In 2018 alone, we have Read More

EFCC Writes UK Crime Agency Over Stolen 61 Assets In Dubai

2 weeks ago Admin 0
Determined to recover the cash realized from the sale of 61 assets traced to a former Chief Executive Officer of the defunct Oceanic Bank, the Economic and Financial Crimes Commission (EFCC) has written to the National Crime Agency (NCA) in the United Kingdom to probe some suspects. Besides, the anti-graft commission has identified two accounts Read More

Court Orders Forfeiture Of Patience Jonathan Houses In Abuja

3 weeks ago Admin 0
A court has ordered Abuja houses belonging to Patience Jonathan, wife of former President Jonathan to be forfeited to the FG. A Federal High Court in Abuja today (Monday) ordered an interim forfeiture of two properties linked to the wife of former President Goodluck Jonathan, Mrs Patience Jonathan. According to a report by Punch, the Read More

EFCC to move into N24 Billion newly built head office

4 weeks ago Admin 0
The Economic and Financial Crimes Commission (EFCC) will move into its N24 billion headquarters next month. President Muhammadu Buhari is to inaugurate the building. Acting Chairman Ibrahim Magu said yesterday: “I am excited that the headquarters is ready for use. ‘’The Federal Government has spent over N24 billion to build it. I will crosscheck to Read More

Police Promote EFCC Chairman, 17 Others

1 month ago Admin 0
The Police Service Commission (PSC) on Friday announced the promotion of 18 senior officers. Amongst them was Ibrahim Magu, the acting chairman of Economic and Financial Crimes Commission. He was promoted to the rank of a full commissioner from deputy commissioner. Mr. Magu was appointed by President Muhammadu Buhari in 2015 to lead his administration’s Read More

Appeal Court Freezes Fayose’s Account

1 month ago Admin 0
A court of appeal sitting in Ado Ekiti has directed the freezing of the account of Ayo Fayose, governor of Ekiti state. The court allowed the appeal filed by EFCC against the judgment of Taiwo Taiwo of federal high court, Ado Ekiti division. In 2016, a federal high court sitting in Ado Ekiti set aside Read More

2019: EFCC To Invite Kwankwaso Over Fraud

1 month ago Admin 0
The Economic and Financial Crimes Commission, EFCC is set to invite a former governor of Kano state and serving senator, Rabiu Kwakwaso over allegations of money laundering and mismanagement of state funds during his tenure as governor. Kwakwaso, a chieftain of the APC is expected to properly defend himself against this allegations. PoliticsNGR gathered that Read More

EFCC Arrests 14 Suspected Internet Fraudsters

1 month ago Admin 0
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Tuesday, April 10, 2018, arrested 14 suspected Internet fraudsters. The suspects are: Abiola Kayode, Adeleye Adewale, Adeniyi Abiola, Favour Iruabo, Iyiola Olayemi, Lawal Remilekun and Martins Adetunji. Others are Obafunsho Oladipupo Samson, Olaleye Bamilola Hassan, Oseni Ridwan, Peter Ayobami Samuel, Peter Toluwabori, Prince Jibril Read More