The Economic and Financial Crimes Commission (EFCC) says Nigeria lost more than 500 million dollars to cybercrime in 2022, warning that if unchecked, the current cybercrime wave portended a grave danger. EFCC Chairman, Ola Olukoyede, made this known on Tuesday in Abuja at the 2024 National Cybersecurity Summit with...
EFCC
The Supreme Court has reserved judgment in the suit filed by 16 states challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission (EFCC) and two others to a date to be communicated to the parties. At the resumed hearing on Tuesday, Imo, Bauchi, and Osun...
Justice Mahmood Abdulgafar of the Kwara High Court on Monday in Ilorin fixed Dec. 3 for commencement of trial of the immediate-past governor of Kwara, Abdulfatah Ahmed. The News Agency of Nigeria (NAN) reports that Ahmed is to be tried on a 15-count charge bordering on alleged diversion of...
The National Broadcasting Commission (NBC) has apologised to the broadcast industry, people of Enugu State and listening public, over the incursion into Urban Radio by operatives of the Economic and Financial Crimes Commission (EFCC). The apology is contained in a statement issued by the Director of Public Affairs of...
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...
There was a mild drama at a Federal High Court in Abuja, on Friday, as the detained Binance Holdings Limited’s executive, Tigran Gambaryan, was conspicuously absent for his trial. The News Agency of Nigeria (NAN) reports that Justice Emeka Nwite had, on Oct. 11, fixed today for continuation of...
The Delta United Movement (DUM), says the Economic and Financial Crimes Commission (EFCC) did not detain the immediate past governor of Delta, Sen. Ifeany Okowa, contrary to reports purporting so. The political pressure group, therefore, cautioned against fake reports capable of causing disharmony in the state. The group said...
The Economic and Financial Crimes Commission (EFCC), on Thursday, called its 15th witness in the money laundering trial of a former Governor of Ekiti state, Ayodele Fayose. The witness, Mr Joseph Machleb, was led in examination by the prosecutor, Mr Rotimi Jacobs (SAN). In his examination in chief, on...
Systemic corruption is the bane of many developing countries. In the words of a prominent anti-corruption crusader, corruption is a “force which drives poverty, inequality, dysfunctional democracy and global insecurity”. President Bola Ahmed Tinubu recently highlighted the dangers of allowing corruption to fester when he described the menace as...
A former President of the Nigerian Bar Association (NBA, Mr Olisa Agbakoba, SAN, has said 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...
In a matter of days, exactly on October 22, ceteris paribus, the Supreme Court will commence hearing on a case filed by 16 state governments challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission (EFCC) and two other anti-graft laws. Of the 16, the Supreme Court granted...
By BARBARA KALU, Enugu – The Economic and Financial Crimes Commission (EFCC) has denied arresting a presenter, while on air, or disrupting lawful activities at Urban Radio 94.5FM, Enugu on Monday The EFCC spokesman, Dele Oyewale, in a statement on Tuesday said contrary to the claim of the radio...
A Federal Capital Territory (FCT), High Court on Tuesday issued an interim order restraining the Economic and Financial Crimes Commission (EFCC), from arresting former defence minister Lawal Batagarawa over a land dispute. Justice Yusuf Halilu, who issued the order, also barred the EFCC from inviting, harassing, intimidating or threatening...
An Ikeja High Court has ordered an online activist, Vincent Otse (alias Very Dark Man) to remove defamatory posts against a Senior Advocate of Nigeria, Femi Falana and his son, Folarin, also called Falz. Justice Matthias Dawodu also ordered VDM to bring down the alleged defamatory video which he...
The former acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, has entered a plea bargain agreement with the EFCC over the alleged N1.6 billion fraud. EFCC’s Counsel, Ogechi Ujam, informed Justice James Omotosho of a Federal High Court in Abuja upon resumed hearing on Monday. When the matter was...
In a 2010 assessment report, the US-based group, Human Rights Watch (HRW), posited that the Economic and Financial Crimes Commission (EFCC) was envisaged to tackle corrupt politicians and public sector fraud effectively, but has contrary to expectations, continued to “reward rather than punish corruption”. Coming just seven years after...
The Economic and Financial Crimes Commission (EFCC) has, again, appealed the acquittal of a former Speaker of Lagos State House of Assembly, Adeyemi Ikuforiji, of money laundering charges. EFCC had arraigned Ikuforiji alongside his former aide, Oyebode Atoyebi, on a 54-count charge bordering on alleged N338.8 million money laundering....
The Kano State Public Complaints and Anti Corruption Commission urged the Federal Government not to scarp the Economic and Financial Crime Commission (EFCC). Speaking at the International Ombuds Day 2024, in Kano on Thursday, the chairman of the commission, Muhyi Gado, said rather more anti-graft agencies were needed to...
On October 22, just days away, the Supreme Court would be hearing a suit filed by no fewer than 16 state governments challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission (EFCC) and two other anti-graft agencies. Now, all eyes have shifted to the Supreme...
The Supreme Court, on Tuesday, fixed Oct. 22 for the hearing of a suit filed by at least 16 state governments challenging the constitutionality of the laws establishing the Economic and Financial Crimes Commission (EFCC) and two others. A seven-member panel of justices, led by Justice Uwani Abba-Aji, fixed...