By OLA MUDOPE, Akure – Operatives of the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested 127 suspected internet fraudsters in Ondo State. A statement posted on the official X handle of the commission said the alleged internet fraudsters were arrested on Saturday...
EFCC
EFCC arraigns 3 men for allegedly stealing Access Bank N3.5bn The Economic and Financial Crimes Commission (EFCC) has arraigned three men before an Ikeja Special Offences Court for allegedly stealing the sum of N3.5 billion from Access Bank. The News Agency of Nigeria (NAN) reports that the three men...
The Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) secured 3,412 convictions, forfeiture of N366.97 billion through judicial process and recovered N161.6 billion within one year. The Director Defence Media Operations, Maj.-Gen. Edward Buba, made this known during the joint briefing by Security, Defence...
A Federal High Court in Lagos on Wednesday, further adjourned until June 25 for mention a case against celebrity bartender, Pascal Okechukwu (Cubana Chief Priest) for alleged abuse of the Naira. The Economic and Financial Crimes Commission (EFCC), arraigned Okechukwu on April 17, on a three-count charge of...
By EZEKIEL OBI, Abuja – Operatives of the Economic and Financial Crimes Commission (EFCC) has arrested 40 suspected internet fraudsters (Yahoo boys) at different locations in Abuja. The commission’s spokesman, Dele Oyewale, said made this known in a statement in Abuja. Mr. Oyewale said 18 of the suspects were...
The law firm handling the case of Binance Holdings Limited, Aluko & Oyebode, has said Mr Tigran Gambaryan, the cryptocurrency firm’s executive, standing trial alongside the company in Nigeria, may die in Kuje Correctional Centre. The law firm stated this in a letter addressed to the Deputy Chief...
By JOY ADARA, Abuja – The Economic and Financial Crimes Commission (EFCC), has mourned the death of its former Chairman, Mr Ibrahim Lamorde. Lamorde died on Sunday in Cairo, Egypt at 61. The Commission’s spokesman, Dele Oyewole, in a statement on Sunday in Abuja, said that the EFCC was...
A Federal High Court, Abuja, on Thursday, ordered the management of the Nigerian Correctional Service (NCoS) management in Kuje, FCT, to take the ailing and detained Binance executive, Tigran Gambaryan, to a hospital for a medicare. Justice Emeka Nwite gave the order following an application by Gambaryan’s counsel,...
There was a mild drama at a Federal High Court in Abuja on Thursday, as detained Binance executive, Tigran Gambaryan, who is facing a money laundering charge, slumped in the open court over alleged ill-health. The development occurred shortly after the matter was called for trial continuation before...
Network Against Corruption and Trafficking Initiative (NACAT) has called on the two anti-graft agencies to investigate the former governor of Delta, Dr Ifeanyi Okowa, over alleged misappropriation of state funds. The Executive Director Investigation of the anti-corruption group, Tega Oghenedoro, made the call at a news conference on...
By EZEKIEL OBI, Abuja – Operatives of the Gombe Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested a young woman, Janty Emmanuel, for allegedly abusing the Naira. EFCC spokesman Dele Oyewale, confirmed the arrest in a statement on Tuesday in Abuja, He said that...
By EMMANUEL KUJE, Abuja – A contractor, Olugbenga Obadina, who is being prosecuted by the Economic and Financial Crimes Commission, (EFCC) for receiving payments from the Office of the National Security Adviser, (NSA) on November 28, 2015 without any contractual agreement on Monday, May 20, 2024 before Justice...
Hearing of an ex-parte motion for stay of proceedings filed by EFCC Chairman, Mr Ola Olukayode, against contempt charge instituted by former Governor of Kogi, Alhaji Yahaya Bell, was on Monday stalled at the Court of Appeal, Abuja. The case, scheduled for today, could not proceed due to...
A Fidelity Bank compliance officer, Mr Ezekoli Ozoemenam, on Monday testified against a social media celebrity, Ismaila Mustapha (alias Mompha) charged with six billion Naira money laundering. Ozoemenam, the fourth prosecution witness, was led in evidence by the Economic and Financial Crimes Commission (EFCC) counsel, Mr Suleiman Suleiman. The...
By EMMANUEL KUJE, Abuja – The Economic and Financial Crimes Commission (EFCC) on Monday said its operatives have arrested 78 persons over suspected involvement in internet fraud in Imo and Enugu states. The Commission’s spokesman, Mr Dele Oyewale, said this in a statement on Monday in Abuja. Mr. Oyewale...
The Economic and Financial Crimes Commission (EFCC) has handed over $22,000 recovered from a convicted internet fraudster Hakeem Olanrewaju to the Federal Bureau of Investigations (FBI). In a Saturday statement, the EFCC spokesperson Dele Oyewale said the money was handed over to the FBI on Friday in...
A Director with the Security and Exchange Commission (SEC), Abdulkadir Abbas, on Friday, told a Federal High Court, Abuja how Binance Holdings Ltd breached the Nigerian law to operate naira peer-to-peer services in exchange of crypto assets. Abbas, the Director of Registration, Exchanges and Market Infrastructure Department at...
By EZEKIEL OBI, Abuja – Operatives of the Economic and Financial Crimes Commission (EFCC) has arrested 17 suspected internet fraudsters in Abuja. The commission in a post on its X handle on Friday, said the suspects were arrested in the early hours of Thursday, May 16, 2024, at City...
A Federal High Court, Abuja, on Friday dismissed a bail application filed by the detained Binance executive, Tigran Gambaryan. Justice Emeka Nwite, in a ruling, held that based on the affidavit evidence before him, Gambaryan would jump bail if the application is granted. “I have carefully considered the...
An FCT high court in Maitama on Wednesday admitted the embattled former Central Bank Governor, Godwin Emefieler to bail in the sum of N300 million . Justice Maryann Anenih granted him to bail while ruling on his bail application over alleged unlawful naira colour swap. The Economic and...