By OLA MODUPE, Lagos- Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, June 30, 2025, adjourned till July 1, 2025 further hearing in the trial of Mallam Ahmed Kuru, a former Managing Director of Assets Management Corporation of Nigeria, AMCON, and four others, ...
fraud
By EZEKIEL OBIe, Abuja- The Economic and Financial Crimes Commission (EFCC), on Thursday, June 27, 2025, opposed an application filed by former Kogi State Governor, Yahaya Adoza Bello, seeking leave of court to travel abroad for medical treatment. The application was presented before Justice Emeka Nwite of the Federal...
By EZEKIEL OBI, Abuja- A prosecution witness in the ongoing trial of former Kogi State Governor, Yahaya Bello, on Thursday, June 26, 2025, narrated before Justice Emeka Nwite of the Federal High Court sitting in Maitama, Abuja, how a staggering ₦1,096,830,000 (One Billion, Ninety-Six Million, Eight Hundred and Thirty...
A mild drama unfolded at the Federal High Court in Abuja during the trial of former Governor Yahaya Bello on Thursday. The Economic and Financial Crimes Commission (EFCC) counsel, Kemi Pinheiro, SAN, described the case as “a political case” while arguing on whether the defence lawyer, Joseph Daudu, SAN,...
Economic and Financial Crimes Commission (EFCC) has tendered documents against the daughter of former Aviation Minister Hadi Sirika, Fatima, and her husband, Hamma Jalal Sule, in an Abuja High Court. The documents revealed that Fatima and Sule are currently employed by the Nigerian National Petroleum Company Ltd (NNPCL) and...
By EZEKIEL OBI, Abuja- Justice Maryanne Anenih of the Federal Capital Territory (FCT) High Court in Maitama, Abuja, on Wednesday, adjourned the N110 billion fraud trial of the immediate past Kogi State Governor, Yahaya Bello, and two others until July 8; October 8 and 9; and November 12 and...
BY EZEKIEL OBI, Abuja- Former Chief Finance Officer (CFO) of Nigeria National Petroleum Company Limited (NNPCL), Umar Isa, has denied reports of his arrest by the Economic and Financial Crimes Commission (EFCC) over alleged $7.2 billion fraud. In a statement.on Wednesday, Isa said: “Nobody arrested me for any $7.2...
By SADIQ ABUBAKAR, Maiduguri – Justice Aisha Kumaliya of the Borno State High Court sitting in Maiduguri on Wednesday, 25 June 2025 convicted and sentenced the trio of Aisha Alkali Wakil (a.k.a Mama Boko Haram), Tahiru Saidu Daura and Prince Lawal Shoyode to fourteen years jail term each. The...
Two Economic and Financial Crimes Commission (EFCC) witnesses have testified in the trial of former Kogi Governor, Yahaya Bello, and two others, accused of N110.4 billion fraud. The witnesses told the Abuja High Court that none of the defendants paid money into their company account. The first witness, Fabian...
Dear Fellow Nigerians, We write to you today with a sense of urgency and righteous indignation over an unfolding scandal that strikes at the very heart of accountability and good governance in Nigeria. At a time when over 200 million Nigerians live in multidimensional poverty, when inflation has soared,...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has arrested a former Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Umar Isa, over an alleged $7.2 billion fraud linked to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries. Also...
By EZEKIEL OBi, Abuja- The Third Prosecution Witness, PW3, Umar Babangida in the trial of the former Minister of Power and Steel Development, Olu Agunloye, on Monday, June 16, 2025, told Justice J.O. Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja that Agunloye’s successor, Senator Liyel Imoke...
By EZEKIEL OBI, Abuja- Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), on Tuesday June 17, 2025 arrested a former Speaker of the Plateau State House of Assembly, Mr. Moses Thomas Sule and 14 other members for alleged money laundering. The commission in...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC), on Tuesday, June 17, 2025, re-arraigned the Bauchi State’s Accountant General, Sirajo Muhammad Jaja before Justice O.A. Egwuatu of the Federal High Court, Maitama, Abuja. Jaja was arraigned alongside a bureau de change operator, Aliyu Abubakar whose...
By EZEKIEL OBI, Abuja – The Third Prosecution Witness, PW3, Umar Babangida in the trial of the former Minister of Power and Steel Development, Olu Agunloye, on Monday, June 16, 2025, told Justice J.O. Onwuegbuzie of the Federal Capital Territory High Court, Apo, that former President Olusegun Obasanjo and...
By BARBARA KALU, Port-Harcourt – The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned the director of Glossalalia Nigeria Ltd and Pelenged Nigeria Ltd, Precious Williams before Justice S. I . Mark of the Federal High Court, sitting in Port Harcourt, the Rivers...
By JOY ADARA, Abuja- The Economic and Financial Crimes Commission (EFCC) has tendered a statement made by former President Olusegun Obasanjo in the trial of Dr. Olu Agunloye, a former Minister of Power and Steel. Agunloye is facing a seven-count charge bordering on forgery, disobeying presidential directive, and gratification....
By MBAFAN ADE, Abuja- The Securities and Exchange Commission (SEC) has reiterated that Crypto Bridge Exchange (CBEX), operating under ST Technologies International Ltd., remains banned in Nigeria. In a public notice, the commission warned Nigerians to refrain from patronizing or transacting with CBEX, citing unauthorized investment activities. “We unequivocally...
By EMMANUEL KUJE, Abuja- The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against Avwerosuo Otorudo and Chukwuebuka Ehirim, promoters of Crypto Bridge Exchange (CBEX), over alleged investment fraud totaling over $1 billion. The EFCC accuses the duo of: Operating an unregistered company and administering a...