An FCT High Court will on Thursday rule in the bail applications filed by the suspended Accountant-General of the Federation, Ahmed Idris, and three others over alleged N109.5 billion fraud. Other defendants are Olusegun Akindele, Mohammed Usman and Gezawa Commodity Market and Exchange Limited. The Economic and Financial Crimes...
fraud
By EZEKIEL OBI, Abuja – A Civil Society Organization (CSO) known as Project 20 Million has demanded for an enquiry into an alleged fraud in the National Identity Number Registration (NIMC) and the compromise of the registration process as well as abuse of office financial impropriety. Project 20 Million,...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has declared three suspects wanted for money laundering to the tune of over N15 billion. The EFCC spokesman, Mr Wilson Uwujaren, who disclosed this in a public notice shared on its verified handle, revealed the identities of...
A Federal High Court in Abuja has ordered that a former Accountant General of the Federation, Ahmed Idris, and three other defendants be remanded in the Kuje Correctional Facility. Mr Idris and his co-defendants were arraigned before Justice Adeyemi Ajayi on Friday following charges of stealing and criminal breach...
A wire fraud suspect, Fatade Olamilekan, has been extradited to the United States for allegedly stealing over $3.5 million worth of equipment in various cities across the country. The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement on Tuesday, five days after the suspect was extradited...
The Economic and Financial Crimes Commission (EFCC) has charged Macmillan Nigeria Publisher, Prof. Adesanya Adelekan, and one Bola Fasasi with $156, 700 book fraud. The News Agency of Nigeria (NAN) reports that EFCC arraigned Fasasi on Monday in Lagos and said that Adelekan was at large. The defendants are...
The trial of former Aviation Minister, Femi Fani-Kayode could not go on at the Federal High Court Abuja on Monday due to the absence of his lead counsel, Mr Ahmed Raji, SAN. At the resumed hearing, the Prosecution Counsel, Mr Farouk Abdullah told the court that the business of...
Peter Obi has called on Nigerians to take back the country, claiming the nation’s political space has been taken over by those he described as “lunatics”. The presidential candidate of the Labour Party (LP) believes many of those in the political space do not have business being there. “Seventy...
The absence of social media celebrity, Ismaila Mustapha (alias Mompha), on Thursday stalled his trial in an Ikeja Special Offence Court for alleged N6 billion money laundering. The News Agency of Nigeria (NAN) reports that the Economic and Financial Crimes Commission (EFCC) on on June 10, accused Mompha of...
A UK court has ruled against Nigeria in the $1.7bn suit against JP Morgan Chase Bank over the transfer of proceeds from the sale of OPL 245. Judge Sara Cockerill of the Business and Property Courts of England and Wales Commercial Court held on Tuesday that the Nigerian government...
The Imo Police command has clarified that Prof. Adiele Jachimike, a staff member of Boss FM radio, was arrested by policemen from Owerri Area Command, not abducted by gunmen as being claimed. The Police Public Relations Officer (PPRO) CSP Mike Abattam disclosed this in a statement on Sunday. The...
The Rivers State Governor Nyesom Wike has filed criminal charges against former Governor Rotimi Amaechi over the alleged misuse of 96 billion Naira which accrued from the sales of state assets. The decision to file the charges was taken after the Supreme Court dismissed an application by former Governor Amaechi, challenging...
Ex-president Donald Trump and his eldest children are scheduled to testify in New York’s civil probe into alleged fraud at their family business from July 15, a court document showed Wednesday. New York state attorney general Letitia James and her team of investigators will have to conclude their questioning...
The suspended DCP Abba Kyari has told a Federal High Court, Abuja that the extradition request by the U.S. Government for his trial in the alleged internet fraud committed by Ramon Abbas, aka Hushpuppi, was not done in good faith. Kyari, through his counsel, Nureni Jimoh, SAN, told Justice...
The Economic and Financial Crimes Commission (EFCC) has confirmed the release of the former Accountant General of the Federation (AGF), Mr Ahmed Idris from its custody. Mr Wilson Uwujaren, the Head of Media and Public Affairs of the commission, told the News Agency of Nigeria (NAN) on Thursday in...
An INTERPOL-led operation targeting malware cyber fraud across Southeast Asia has resulted in the arrest of three Nigerians suspected of engaging in global scamming. The Economic and Financial Crimes Commission (EFCC) arrested the suspects in a sting operation conducted simultaneously in a Lagos suburb called Ajegunle and in Benin...
A Federal High Court, Abuja, on Tuesday, admitted Sen. Rochas Okorocha to bail in the sum of N500 million with one surety in like sum. Justice Inyang Ekwo, in a ruling, said granting bail was a discretionary power of the court. Justice Ekwo said the surety, who must have...
The number of big shots in the current administration that may be consumed by the ongoing probe of the Accountant General of the Federation, Ahmed Idris, are increasing on a daily basis as the investigation proceeds. A highly placed source in the anti-corruption circle has informed Economic Confidential, that...
A Federal High Court, Abuja has fixed Tuesday to hear the bail application filed by Sen. Rochas Okorocha. Justice Inyang Ekwo fixed the date after counsel for Okorocha, Okey Amaechi, SAN, told the court that a bail application had been filed on behalf of his client, following his non-guilty...