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...
fraud
Ebonyi State Governor Francis Nwifuru has declared that no action will be taken against the Secretary to the State Government, Prof. Grace Umezuriike, regarding allegations of funds diversion until investigations are complete. Speaking during a service at the Government House Chapel in Abakaliki on Sunday, Nwifuru emphasized that Umezuriike...
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...
A retired civil servant and traditional chief from Gwagwalada, Abuja, Chief George Kadiri, who served as surety for British national James Nolan in the $9.6 billion Process and Industrial Development (P&ID) fraud case, was arrested and presented before Justice Peter Lifu at the Federal High Court on Thursday. According...
By JOY ADARA , Abuja- Economic and Financial Crimes Commission (EFCC) witness, Suleiman Ciroma, has revealed to the Federal High Court in Abuja how $12 million was illicitly swapped through SunTrust Bank in a mere 10 days. Testifying before Justice Emeka Nwite, Ciroma detailed the rapid transactions orchestrated by...
By EMMANUEL ANKELI, Sokoto – Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has warned that virtual assets and investment scams may soon surpass money laundering as a major financial crime challenge in Nigeria. Olukoyede expressed his concerns at the African Anti-Corruption Day Commemoration...
A former Governor of Adamawa State, retired Rear Adm. Muritala Nyako, is considering an out-of-court settlement in a N29 billion alleged fraud case brought against him by the Economic and Financial Crimes Commission (EFCC). During a court hearing on Friday, the prosecuting counsel, Mr. Rotimi Jacobs, SAN, informed the...
By OLA MODUPE, Lagos- Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, July 11, 2025, ordered the final forfeiture of two properties, several cars and cash to the Federal Government of Nigeria. The properties are: one unit of three-bedroom bungalow in Abuja; No....
By OLA MODUPE, Ibadan – Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has alleged that corrupt Nigerian politicians are now hiding stolen public funds in cryptocurrencies to evade investigations. Olukoyede, who was represented by the Commission’s Acting Zonal Director in its Ibadan office, Hajiya...
By JOY ADARA, Abuja- Federal High Court in Abuja has granted an application by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to temporarily take over the lands approved for the Goodluck Jonathan Legacy Model Housing Estate. The ICPC had filed a motion ex-parte seeking an order...
By HARUNA AHMED, Kano – Kano Zonal Directorate of the Economic and Financial Crimes Commission, (EFCC), has commenced a comprehensive investigation into the case of one Ahmad Salisu, arrested by the Nigeria Customs Service (NCS), for allegedly concealing and failing to declare the sum of $420,900 (Four Hundred and...
By OLA MODUPE , Lagos – Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, July 8, 2025, revoked the bail granted to Ayodele Toyosi, promoter of Reaprite Global Limited and Agrorite Limited, for presenting forged medical report to the court. Details later
By JOY ADARA, Abuja- Justice Marianne Anineh of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, on Tuesday, July 8, 2025, reserved ruling till July 17, 2025, on an application filed by former Kogi State governor, Yahaya Adoza Bello, seeking permission to travel to the United Kingdom for...
Attorney-General of the Federation (AGF) has given the Inspector-General of Police (I-G) the go-ahead to prosecute Senator Andy Uba and his co-defendant, Benjamin Etu, over allegations of N400 million fraud. The case was adjourned to September 24 for the defendants to take their plea. According to the prosecution, Uba,...
By JOY ADARA, Abuja- Economic and Financial Crimes Commission (EFCC) on Monday, July 7, 2025 arraigned Awerusuo Otorudo and Chukwuebuka Ehirim before Justice Muhammed Umar of the Federal High Court sitting in Abuja. They were arraigned on a three-count amended charge bordering on obtaining by false pretence, inducement and...
By JOY ADARA, Abuja- Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu “to direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN to promptly investigate the allegations that high-ranking officials and politicians indicted in the report of the forensic audit...
A prosecution witness, Ismail Lawal, has told an Abuja High Court that he was instructed to collect all allowances due to former Governor of Taraba, Darius Ishaku. Ishaku and a former Permanent Secretary, Bello Yero, are charged with 15 counts bordering on criminal breach of trust, conspiracy, and conversion...
By JOY ADARA, Abuja – First Prosecution Witness, PW1, Hamma Adama Bello in the trial-within-trial of the former Head of Service, HoS, Winifred Oyo-Ita on Monday, June 30, 2025 presented before Justice James Omotosho of the Federal High Court, Maitama, Abuja, a video evidence of the defendant writing down...
By OLA MODUPE , Lagos – A prosecution witness, Ajayi Michael Folaseye, has told a Federal High Court sitting in Ikoyi, Lagos how he rejected a $7,000 bribe allegedly offered by a colleague seeking unauthorized access to Premium Trust Bank’s internal systems. Folaseye, the first prosecution witness (PW1), testified in...
A Federal High Court in Abuja has fixed October 6 to hear a suit by former Petroleum Minister, Diezani Alison-Madueke, challenging the forfeiture of her assets to the Federal Government of Nigeria. The Economic and Financial Crimes Commission (EFCC) had brought the forfeiture suit against Alison-Madueke. Alison-Madueke’s lawyer, Godwin...