Maize Association of Nigeria (MAAN) has enlisted the support of the Economic and Financial Crimes Commission (EFCC), the Department of State Services (DSS), and the Nigeria Police to recover outstanding loans from the Anchor Borrowers Programme (ABP) owed by its members. This was announced by MAAN’s National President, Bello...
EFCC
By OLA MODUPE, Lagos- Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, (EFCC), have commenced investigation of one Duru Ikechukwu Damian arrested by the Nigeria Customs Service (NCS), for allegedly failing to declare the sum of $59,000( Fifty Nine Thousand United States Dollars)....
By JOY ADARA, Abuja- Federal High Court in Abuja has ordered the Federal Government to finalize its case against former National Security Adviser, Col. Sambo Dasuki (retd.), by September, in a trial over alleged illegal firearms possession and money laundering that has dragged on for 10 years. Justice Peter...
Economic and Financial Crimes Commission (EFCC) is questioning Aminu Tambuwal, former governor of Sokoto State, regarding alleged fraudulent cash withdrawals of ₦189 billion. Sources within the EFCC said these withdrawals might have violated the Money Laundering (Prevention & Prohibition) Act, 2022 According to reports, Tambuwal arrived at the EFCC’s...
By EZEKIEL OBI, Abuja- Operatives of the Economic and Financial Crimes Commission (EFCC), Uyo Zonal Directorate, have arrested 14 suspected internet fraudsters at different locations in Akwa Ibom State. The commission disclosed this in a post issued via its X handle on Wednesday. The EFCC said the suspects were...
Less than 72 hours after his reported resignation, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited, (NNPCL), Bayo Ojulari, was on Monday morning sighted in his office. He was said to resumed in his office at the NNPCL Towers, in the Central Business District,...
By BARBARA KALU, Port-Harcourt – Operatives of the Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), have arrested 37 suspected internet fraudsters in Port Harcourt, Rivers State The commission in a post via its X handle on Friday, said the suspects were arrested on Friday,...
Unless the Federal Government wades in, the planned establishment of a multi-million-dollar gold refinery in Nigeria may become a pipe dream as the foreign co-investors are considering moving the project, instead, to other African countries. If that happens, Nigeria will be robbed of another good opportunity for job creation...
By OLA MODUPE , Lagos- Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja, Lagos, on Tuesday, July 30, 2025, refused a fresh bail application filed by Fred Ajudua, who is standing trial for allegedly defrauding a Palestinian businessman, Zad Abu Zalaf, of $1,043,000. At the resumed...
By HARUNA AHMED, Kano – Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Friday, July 25, 2025 secured the conviction and sentence of two fake investigators of EFCC: Buhari Abdullahi and Umar Mukhtar Usman before Justice Nasiru Saminu of the Kano State High Court. The...
Federal High Court in Abuja has granted the Economic and Financial Crimes Commission (EFCC) and former Adamawa State Governor Murtala Nyako until October 16, 2025, to reach an out-of-court settlement in the alleged N29 billion fraud case or face a full trial. During Friday’s hearing, Justice Peter Lifu expressed...
Federal High Court (FHC) in Abuja on Thursday, fixed Nov. 25 for the trial of former Anambra Governor, Willie Obiano, in the alleged N4 billion money laundering case. The court adjourned the case after the new trial judge, Justice Mohammed Umar, rose after taking three judgments and a number...
By HARUNA AHMED, Gombe– Independent National Electoral Commission (INEC), has commended the Economic and Financial Crimes Commission (EFCC) on its efforts geared towards curbing electoral fraud in Nigeria. This commendation was given in Gombe, Gombe State by the Resident Electoral Commissioner of INEC, Gombe, Dr Sa’ad U. Idris when...
By HARUNA AHMED, Kano – Operatives of the Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested twenty-four (24) suspected internet fraudsters in a sting operation on Monday, July 21, 2025. The Commission in a post via its X handle on Wednesday, said they were...
Former Group Managing Director of FirstBank Nigeria, Dr Olabisi Onasanya, has said he is now vindicated after the Federal High Court in Lagos struck out the controversial loan-related case involving his name. Justice Chukwujekwu Aneke of the Federal High Court, Lagos on Wednesday, July 23, 2025 struck out the...
By CHRISTIANA LOT, Jos – First Prosecution Witness, PW1, Sulaiman Kwalla, in the trial of Bishop Katung Jonas and Okewole Dayo, chairman and secretary of Covenant Fadama Multi-purpose Cooperative Society, Jos, Plateau State, respectively, on Tuesday, July 22, 2025, told Justice Sharon T. Ishaya of the Federal High Court,...
Federal High Court in Abuja on Tuesday rejected a second bail application by Jesam Michael, CEO of Afriq Arbitrage System (AAS) Limited, who faces allegations of investment fraud involving over $844,000 and N590 million. Justice Obiora Egwuatu dismissed the application, citing insufficient merit in Michael’s health-based claims and affirming...
The trial of Bauchi State Accountant-General Sirajo Jaja and Bureau de Change (BDC) operator Aliyu Abubakar was postponed at the Federal High Court in Abuja on Monday. Scheduled to begin before Justice Obiora Egwuatu, the proceedings were halted due to the judge’s prior commitments. After delivering judgments in two...
By OLA MODUPE, Lagos – Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Monday, July 21, 2025, ordered the final forfeiture of digital assets to the tune of $222,729. 86 USDT recovered from Chinese nationals involved in cyber-terrorism and internet fraud. The assets form...
Alleged $12m fraud: Witness confirms receiving $12m in cash, facilitated by SunTrust Bank Executives
Alleged $12m fraud: Witness confirms receiving $12m in cash, facilitated by SunTrust Bank Executives
First Prosecution Witness, PW1, in the trial of Halima Buba and Innocent Mbagwu on Friday, July 18, 2025 told Justice Emeka Nwite of the Federal High Court, Abuja that he received the sum of $12 million (Twelve Million Dollars) with the involvement of defendants for transfer to Aisha Achimugu’s...