The Economic and Financial Crimes Commission (EFCC), is presently enmeshed in a ‘nauseating’ scandal involving its senior officers over age falsifications. According to a report by PRNigeria, senior staff of the Commission who falsified their age records (dates of birth) have been detected, during a promotion interview for senior...
EFCC
An Ikeja Special Offences Court on Tuesday sentenced a businessman, Ernest Uduebor, for possession of forged Fidelity bank draft of N100 million. Justice Ramon Oshodi sentenced Uduebor to one year imprisonment following his guilty plea to the amended one-count charge of possession of forged document. “I have listened to...
By OLA MODUPE, Lagos – Following the invalidation of the restrictions on the old Naira notes under the Naira redesign policy by the Supreme Court on Friday, The Human and Environmental Development Agenda (HEDA Resource Centre) has charged the Central Bank of Nigeria and the Economic Financial Crime Commission...
A Federal High Court on Friday sentenced Garba Tahir, former Chief Accountant, Pension Office of the Office of the Head of Service (HoS) of the Federation to three years imprisonment. Justice Inyang Ekwo, in a judgment on Friday, held that the prosecution had proved the seven-count charge preferred against...
An Ikeja Special Offences Court on Friday revoked bail granted a suspected internet fraudster, Kolawole Erinle. The court consequently remanded Erinle at the Kirikiri Maximum custodial facility. Erinle is standing trial for $1.4 million fraud. The News Agency of Nigeria (NAN) reports that Justice Ramon Oshodi revoked the defendant’s...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has resolved to improve its collaboration with the Chartered Institute of Taxation of Nigeria (CITN) in areas of capacity building and advocacy to check tax fraud. EFCC Spokesperson, Wilson Uwujaren, in a statement quoted the Commission’s Chairman,...
The Economic and Financial Crimes Commission, EFCC, has filed a motion before the Abuja Division of the Court of Appeal, asking for a stay of execution of the judgment of the Kogi State High Court delivered on December 12, 2022 and the consequential order made on Feb. 6th 2023,...
The Federal High Court Abuja, on Tuesday discharged and acquitted Shamsudeen Bala, son of Bauchi Governor, Bala Mohammed, of the N1.1 billion fraud charge against him. The Economic and Financial Crimes Commission (EFCC), had filed a 20-count charge bordering on money laundering against Bala. However, in a ruling earlier...
The Federal High Court, Abuja has discharged and acquitted Jide Omokore, Chairman of Atlantic Energy Drilling Concepts Nigeria Limited and an ally of former Petroleum Minister, Mrs Diezani Allison-Madueke of fraud. The court, however, convicted Omokore’s co-accused, Victor Briggs and Abiye Membere for receiving car gifts, an offence contrary...
A defendant, Onyekachi Agbo, on Tuesday told Federal High Court sitting in Enugu that he wrote his confessional statement at the Economic and Financial Crime Commission (EFCC) office involuntarily. The defendant, who stated this during defence alleged that seeing EFCC torturing another suspect while in commission’s cell made him...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has arrested an Operations Manager of a leading Commercial bank in Abuja Central Area for refusing to load the Automated Teller Machines (ATMs) of the bank despite having N29 million of the new naira notes in the...
A Federal High Court, Abuja, on Monday, discharged former Governor of Imo, Sen. Rochas Okorocha, of N2.9 billion fraud charge preferred against him by the Economic and Financial Crimes Commission (EFCC). Justice Inyang Ekwo, in a ruling, struck out the EFCC’s suit for being in contravention with Section 105...
Many FCT residents have continued to face difficulty in accessing the newly redesigned Naira notes, attributing the challenge to bank officials, who they say allegedly hoard and selling the legal tender. The stakeholders urged the Central Bank of Nigeria (CBN) to impose heavy sections on Deposit Money Banks (DMBs)...
The Central Bank of Nigeria (CBN), in collaboration with the Economic Financial Crime Commission (EFCC), has met with officials of commercial banks in Gombe as a measure against violation of its guidelines. Speaking to newsmen shortly after the meeting in Gombe on Saturday, Aliyu Ashiru, Deputy Director, Financial Markets...
A former Minister of State for Defence, Mr Musiliu Obanikoro, on Tuesday narrated before a Federal High Court in Lagos State how N1.2 billion was allegedly taken to former Gov. Ayodele Fayose of Ekiti, using an aircraft. Fayose is being prosecuted by the Economic and Financial Crimes Commission (EFCC)...
Former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has prayed a Federal High Court, Abuja to vacate an order granted to the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets. Alison-Madueke, in an originating motion, sought an order extending the time within which to...
By EZEKIEL OBI, Abuja – Following the Osun Governorship Election Tribunal judgement, a leading Civil Society organisation, the Human and Environmental Development Agenda (HEDA Resource Centre) has charged the Independent National Electoral Election (INEC) to be circumspect and thorough with regards to all aspects of its responsibilities in view...
A Federal High Court (FHC), Abuja, on Wednesday, struck out two separate suits filed by former Senate President, Bukola Saraki, against the Economic and Financial Crimes Commission (EFCC) and others. Justice Inyang Ekwo, in a short ruling, struck out the suits for lack of diligent prosecution. Upon resumed hearing...
The money laundering trial of a former Minister of Aviation, Femi Fani-Kayode and others, was on Wednesday, stalled before a Federal High Court in Lagos, following absence of Prosecution and Defence Counsel. The case which was initially fixed for continuation of trial could not proceed as the prosecution and...