An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya, has narrated how Mr Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), moved funds to his wife, Mrs Margaret Emefiele. Ogbonnaya told an Ikeja Special Offences Court on Tuesday how Emefiele used the bank...
fraud
The Chief Judge of the Federal High Court, Justice John Tsoho, has directed that the request by former Governor Yahaya Bello, for the transfer of the alleged money laundering case instituted against him by the EFCC to Kogi, be heard in open court. In a letter, addressed to...
A Federal High Court, Abuja, on Monday, fixed Sept. 26 for arraignment of another two senior staff of Rural Electrification Agency (REA) by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for alleged N1.84billion fraud. The officials, who are being prosecuted separately, are Aminat Asuni...
The Federal High Court sitting in Lagos, in a landmark judgment, has ordered Ms Sadia Umar-Farouk, former Minister of Humanitarian Affairs, Disasters Management and Social Development to account for payments of N729bn to 24.3 million poor Nigerians for six months. The court also ordered the former minister...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has responded swiftly to allegations of corruption made by Ismaila Mustapha, aka Mompha, who is currently facing trial for money laundering and other financial crimes. It would be recalled that Mompha, in a recent outburst, accused EFCC...
A Federal High Court, Abuja, on Wednesday, ordered the remand of a Nigeria Security and Civil Defence Corps (NSCDC) official, Mrs Tosin Olagunju, in Suleja Correctional Centre pending the hearing of her bail application scheduled for Oct. 9. Justice Binta Nyako gave the order after Olagunju was arraigned...
The Attorney-General of the Federation (AGF) and Minster of Justice, Lateef Fagbemi, SAN, has taken over the trial of Mr Chinenye Duru, a Polaris Bank staff and account officer to Mr Victor Onukogu, in the alleged N6.6 billion fraud. AGF’s counsel, V.J. Alma, told Justice Inyang Ekwo of...
An operative of the Economic and Financial Crimes Commission (EFCC), Mr Idi Musa, on Monday testified against a social media celebrity, Ismaila Mustapha popularly known as Mompha, charged with six billion Naira money laundering. Mustapha, still at large, is standing trial alongside his company, Ismalob Global Investment Ltd.,...
By JOY ADARA, Abuja – The Economic and Financial Crimes Commission (EFCC) has raised contempt counsel charges against two defence counsel in the N80.2billion alleged money laundering charges against a former governor of Kogi State, Mr. Yahaya Bello. Bello is facing prosecution alongside his nephew, Ali Bello, Dauda Suleiman...
The immediate-past Governor of Kogi, Alhaji Yahaya Bello, has sought the transfer of his trial by the Economic and Financial Crimes Commission (EFCC) to the Federal High Court (FHC), Lokoja Division. Bello, who made the application in a letter to the Chief Judge (CJ) of FHC, Justice John...
By ARMSTRONG ALLAHMAGANI, Bauchi – A 34-year old man has been arrested for allegedly stealing N120 million from a renowned businessman’s bank account, the Bauchi State Police Command has said. The Command’s Public Relations Officer, Ahmed Wakil, disclosed this in a media statement made available to journalists in...
Two witnesses testified on Tuesday at a Federal High Court, Abuja as Economic and Financial Crimes Commission (EFCC) opened its money laundering case against former Governor of Anambra, Willie Obiano. A commercial banker staff, Mr Tochukwu Aloysius Nnadi, and an Onitsha-based business woman, Mrs Chinwe...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Monday, arraigned Abubakar Sambo, Director of Finance and Account of the Rural Electrification Agency (REA) for alleged fraud to the tune of N1.84 billion. Sambo was arraigned before Justice Bolaji Olajuwon of a Federal High Court, Abuja...
Mr Michael Agboro, a prosecution seventh witness alleged that the suspended governor of the Central Bank of Nigeria (CBN). Godwin Emefiele awarded contracts to companies belonging to his wife and a his brother-in-law. Emefiele is standing trial on an alleged 20-count amended charge, preferred against him by the...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has arrested two former staff of Union Bank in Makurdi over alleged stealing of N4,199,500 belonging to a deceased customer of the bank. EFCC spokesperson, Dele Oyewale, disclosed this in a statement on Saturday in Abuja. According...
The Economic and Financial Crimes Commission (EFCC), on Thursday, continued with its alleged money laundering charge preferred against Tigran Gambaryan, an executive of Binance Holdings Ltd at a Federal High Court, Abuja The criminal charge continued before Justice Emeka Nwite in spite of the withdrawal of a charge...
Contrary to the narrative of John Grisham’s fictional thriller, The Racketeer, this was a real-life, long-overdue gesture of genuine friendship and partnership, a testament to the shared interest in combating trans-border crimes that pose a significant global threat. The visit of one of the longest-serving Federal Bureau of...
A staff of the Account and Finance Department of the Rural Electrification Agency (REA), Hanrrietta Okojie, was, on Friday, arraigned at a Federal High acourt, Abuja over her alleged involvement in a N1.85 billion fraud. Ms Okojie was arraigned by the Independent Corrupt Practices and Other Related Offences...
By JOY ADARA, Abuja – Justice Emeka Nwite of the Federal High Court sitting in Abuja, on Thursday, June 13, 2024, adjourned the arraignment proceedings of a former governor of Kogi State, Yahaya Adoza Bello to June 27, 2024. The adjournment followed discrepancies between the EFCC and defence counsels on the actual...