Mr Aliyu Abubakar, a defence witness in the trial-within-trial of the former Minister of Justice, Mohammed Adoke told a Federal High Court, Abuja that an EFCC officer threatened him to indict former President Goodluck Jonathan in alleged money laundering. Abubakar, who is also a co-defendant in the suit, told...
money laundering
The Independent Corrupt Practices and other related offences Commission (ICPC), has detained the Managing Director of a construction company, Temitope Banjoko, over allegations of money laundering. ICPC spokesperson, Mrs Azuka Ogugua, confirmed the arrest to Channels Television on Tuesday. She said that Banjoko was awarded a contract worth N46,305,000...
The Lagos Division of the Court of Appeal today July 1, 2022 convicted and sentenced Senator Peter Nwaoboshi, senator representing Delta North Senatorial District at the National Assembly, to 7 years imprisonment. The Appeal Court also ordered that his two companies, Golden Touch Construction Project Ltd and Suiming Electrical...
The Economic and Financial Crimes Commission (EFCC) and the National Drug Law Enforcement Agency (NDLEA), have expressed readiness to foster relationship in combating money laundering and drug-related crimes. This was revealed during a courtesy visit by the Kwara Commander of the NDLEA, Ibrahim Saidu, to the Ilorin Zonal Command...
A Federal High Court, Abuja, on Thursday, dismissed the money laundering suit filed by the Independent Corrupt Practices and other related offences Commission (ICPC) against Mrs. Ochuko Momoh. Momoh is the wife of a former Managing Director of Pipelines and Products Marketing Company, Haruna. Justice Taiwo Taiwo, in a...
A Federal High Court, Abuja, on Tuesday, fixed Oct. 12 for the arraignment of former Aviation Minster, Stella Oduah and others by the Economic and Financial Crimes Commission (EFCC). Justice Inyang Ekwo fixed the date following a letter from the office of the Attorney-General of the Federation (AGF) in...
Rather than seek election under the umbrella of the PDP in 2023, Alhaji Atiku Abubakar will do well to visit the United States of America to resolve his lingering corruption allegations which have led Senator Jefferson to jail. The outcome of an investigation against him and his “former” wife...
According to exclusive investigations by SaharaReporters, a report by the Nigeria Police Force has exposed how Wema Bank Plc offered bribe to the police officer investigating the N1.7billion illegally moved to account number 0122367964 domiciled in the financial institution and operated by one Isaac Adewole, a pastor of the...
The Senate has received the Money Laundering Bill and Terrorism Prevention Bill transmitted by President Muhammadu Buhari for consideration and passage. The bills were accompanied by a letter read at plenary on Thursday by Senate President Ahmad Lawan. Buhari, in the letter dated April,12, said the request for the...
Economic and Financial Crimes Commission (EFCC) has released popular socialite and club owner, Paschal Okechukwu a.k.a Cubana Chief Priest. Cubana Chief Priest was arrested last week in Abuja by EFCC operatives. He has since been in detention for 5 days facing interrogation over money laundering and tax fraud charges....
A Federal High Court, Abuja, on Thursday, discharged and acquitted Andrew Yakubu, former Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC) of money laundering charge. Justice Ahmed Mohammed, in a judgement, held that the Economic and Financial Crimes Commission (EFCC) failed to prove its case beyond reasonable doubt....
By BENJAMIN ORISEMEKE, Abuja – The inter-agency Joint Regulatory and Enforcement Task Force (JRETF); particularly FCCPC, NITDA and ICPC have advanced investigations with respect to digital money lenders. In a joint statement on the issue and signed by Executive Vice Chairman/Chief Executive Officer of the FCCPC, Babatunde Irukera, said...
There are strong indications that the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, may be plotting to save a former Commander of the Police Intelligence Response Team, Abba Kyari, from facing criminal prosecution for alleged money laundering. Weeks after directing the police to probe him...
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...
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,...
A Federal High Court sitting in Ibadan, Oyo State on subpoenaed an officer of the Nigerian Correctional Service, Deputy Superintendent of the Correction (DSC) J.O. Oyaleke over his failure to produce a defendant in court. The defendant, Otuyalo Oluwadamilola, is being prosecuted by the Ibadan Zonal Command of the...
Bank records obtained by Peoples Gazette have exposed connections between Vice President Yemi Osinbajo’s law firm SimmonsCooper Partners to Bola Tinubu’s money-laundering front, Ocean Trust Limited. The records show that on April 26, 2013, Ocean Trust Limited transferred N25,001,050 into SimmonsCooper Partners bank account with UBA, contradicting SimmonsCooper’s categorical...
The United States Attorney’s Office at the Central District of California says that Ramon Abbas, aka, Hushpuppi, will be sentenced on February 14, 2022. The court’s Director of Media Relations, Thom Mrozek, said Hushpuppi has been scheduled for sentencing on Valentine’s Day, according to BBC Pidgin. In a plea...
An Ikeja Special Offence Court on Tuesday ordered that a social media celebrity, Ismaila Mustapha alias Mompha, be remanded in the Economic and Financial Crimes Commission (EFCC) over allegations of conspiracy to launder N5.9billion. The defendant was arraigned alongside his company, Ismalob Global Investment Ltd on a fresh eight-count...
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...