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...
money laundering
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...
A Federal High Court (FHC), Abuja has fixed Feb. 14, 2022 for the commencement of trial of a British national, James Nolan, over allegations bordering on money laundering. Justice Donatus Okorowo fixed the date in view of the valedictory court session held on Monday in honour of the former...
Police in the city of Wuzhong, northwest China’s Ningxia Hui Autonomous Region, have dismantled a money-laundering ring connected to more than 200 telecom and online fraud cases. According to the Police, more than 40 suspects were arrested in a raid on Dec. 3. The local police began investigation in...
A Federal High Court, Abuja, has fixed March 7, 2022, for trial-within-trial in a money laundering case filed by the Economic and Financial Crimes Commission (EFCC) against former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke, and other. Justice Inyang Ekwo fixed the date, on Tuesday, at...
The Economic and Financial Crimes Commission (EFCC), on Thursday re-arraigned the former Governor of Ekiti State Ayodele Fayose, and his company, Spotless Limited before a Federal High Court sitting in Lagos. Fayose and his company were re-arraigned before Justice Chukwujekwu Aneke on 11 charges bordering money laundering and non-declaration...
The trial of embattled former Governor of Ekiti, Ayodele Fayose, on Wednesday resumed at a Federal High Court in Lagos with prosecution giving more evidence. Prosecution called its 11th witness, Mrs Joanne Tolulope, who narrated how one Abiodun Agbele, an associate of Fayose, allegedly bought property worth millions of...
Former Brazilian Olympic Committee (COB) President Carlos Arthur Nuzman has been sentenced to 30 years and 11 months in prison for alleged corruption, money laundering and tax evasion. Judge Marcelo Bretas said the 79-year-old played a leading role in a scheme to buy votes for Rio de Janeiro to...
Former Attorney-General of the Federation (AGF) and Minister of Justice, Mohammed Adoke, has sought for an order of a Federal High Court, Abuja, extending his stay in Dubai, the United Arab Emirates (UAE) on medical ground. Adoke, through his lawyer, Edidiong Usungurua, made the application, on Tuesday, while moving...
A Federal High Court in Lagos on Monday adjourned the trial of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, for N338.8 million money laundering. Ikuforiji was arraigned by the Economic and Financial Crimes Commission (EFCC) alongside his former Personal Assistant, Oyebode Atoyebi, on a...
The Economic and Financial Crimes Commission, on Wednesday, opened its case in the money laundering case it instituted against Mrs Beauty Apere at the Federal High Court Yenagoa. The absence of EFCC’s star witness on Oct 20 had stalled the N200-million money laundering suit against Mr Embelakpo Apere, and...
The Economic and Financial Crimes Commission (EFCC) has arrested a socialite Obinna Iyiegbu, better known as Obi Cubana. Obi Cubana is being questioned at the commission’s headquarters in Abuja. He arrived at the EFCC office around noon on Monday. Although details of allegations against the Anambra-born tycoon are still...