The Federal High Court, sitting in Lagos has ordered the remand of a former Director of Bank PHB (now Keystone), Funmi Adenmosun at the Nigerian Correctional Services (NCoS) in Ikoyi, following his inability to perfect his bail conditions. The Economic and Financial Crimes Commission (EFCC) had on January 21...
fraud
Justice Nnamdi Dimgba of the Federal High Court, Abuja on Wednesday, fixed March 17 for judgment in the remaining one count charge of money laundering leveled against former Chief of Air Staff, Mohammed Umar. Umar, who retired as an air marshall is charged with one count of money laundering,...
The trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for alleged N1.4billion fraud, before Justice Christopher Balogun of the Lagos High Court Ikeja, was again, stalled on Monday, as the counsel for the defendant, Osagie Isiramen, told the court that the defence was not ready to...
The Federal High Court Abuja on Monday, fixed April 28 for Shamsudeen Bala, son of Gov. Bala Mohammed of Bauchi State to open his defence in an alleged fraud charge leveled against him. The Economic and Financial Crimes Commission, (EFCC) had filed a 20- count charge against Bala bordering...
The Supreme Court on Monday in Abuja fixed May 27 for judgment in a suit by former Rivers State governor, Chibuike Rotimi Amaechi, seeking to stop his probe in an alleged N96 billion fraud and fraudulent sales of valued assets belonging to Rivers State. Justice Olukayode Ariwoola, who led...
A Federal High Court in Jos on Tuesday sentenced former Minister of Water Resources, Sarah Ochekpe and two others for N450 million fraud. The court also sentenced Raymond Dabo and Leo Jitung to three months imprisonment each. The Economic and Financial Crimes Commission (EFCC) charged them in 2018 with...
The former Registrar of the Joint Admission and Matriculation Board (JAMB), Professor Adedibu Ojerinde, who is standing trial in an alleged N5 billion fraud, has opted for a plea bargain with the Independent Corrupt Practices and other related offences Commission (ICPC) in order to get a soft landing. At...
An investigator with the Economic and Financial Crimes Commission (EFCC) Ms Adewunmi Omotosho on Monday told an Ikeja Special Offences Court how alleged Access Bank hacker, Chris Ihebuzo was apprehended by the anti-graft agency. The News Agency of Nigeria (NAN) reports that Ihebuzo in a video that went viral...
Information and Culture Minister Lai Mohammed has dragged an online publication, Pointblank News, before an Abuja High court over alleged libel. In a copy of the Writ of Summon obtained by the News Agency of Nigeria (NAN) in Abuja, the minister is seeking the sum of N50 billion aggravated...
The former Governor of Imo State, Rochas Okorocha has asked President Muhammadu Buhari to call the EFCC to order, appealing that the president intervenes by stopping the EFCC from constantly harassing and intimidating him over allegations of a N2.9 billion fraud case. In a chat with State House correspondents...
The €250,000,000.00 fraud trial involving a Malaysian, Tan Ah Chai Richard (now late), and his company, Coastal Asia Investments Limited, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has been adjourned till March 4, 2022 for continuation of trial. Richard and his company were...
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Friday, January 28, 2022, dismissed the no-case submission filed by one Osho Aluko-Kola, who is standing trial on a nine-count charge bordering on conspiracy and stealing to the tune of N206, 502,490.02. Aluko-Kola, who was first...
The trial of Abubakar Peters and his company, Nadabo Energy Limited, for an alleged N1.4 billion fraud before Justice Christopher Balogun of the Lagos State High Court sitting in Ikeja, continued on Tuesday with the cross-examination of the fifth prosecution witness, Abdulrasheed Bawa, the Chairman of the Economic and...
A Federal High Court, Abuja, on Tuesday, fixed March 31 for judgment in the 9.8 million dollars fraud charge filed against Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC). Justice Ahmed Mohammed fixed the date after counsel to the EFCC, Farouk Abdullah, and the defence...
A Federal High Court, Abuja, on Friday, discharged and acquitted Rtd Air Commodore Umar Mohammed of money laundering charge preferred against him. Justice Inyang Ekwo, in a judgment, held that the prosecution had failed to prove the essential ingredients of the charge. According to Justice Ekwo, I find that...
Former Abia State Governor, Orji Uzor Kalu, has filed an application at the Federal High Court in Abuja seeking for the Economic and Financial Crimes Commission (EFCC) to unfreeze his bank account. He is also seeking an order of the court to strike out his name and that of...
The Economic and Financial Crimes Commission (EFCC) has said that in 2021, it recovered the sum of N152, 088,698,751.64, (One Hundred and Fifty-two Billion, Eighty-eight Million, Six Hundred and Ninety-eight Thousand, Seven Hundred and Fifty-one Naira, Sixty-four Kobo). A statement from the agency on Monday also stated that the...
A Nigerian man identified as Shalom Olumide Ayotunde will spend the next 46 months in US prison after being convicted by a court. He was sentenced to federal prison for fraud violations in the Eastern District of Texas. Shalom Olumide Ayotunde, 39, who pleaded guilty on July 1, 2021,...
By EZEKIEL OBI, Abuja – Socio-Economic Rights and Accountability Project (SERAP) has alleged that the management of the Nigerian Communications Satellite Limited (NCSL) in Abuja, sometime in 2019, failed to remit an approximated sum of N95,641,112 accrued from tax payments. SERAP, which disclosed this via it official Twitter page...
The absence of Justice Iniekenimi Uzakah of a High Court in Bayelsa on Monday stalled the trial of John Idumange, who raised an alarm over alleged diversion of N3 billion Agriculture loan by government officials in Bayelsa. The News Agency of Nigeria (NAN) report that court registry staff informed...