The money laundering trial of a former Governor of Ekiti state, Ayodele Fayose, could not proceed on Friday before the Federal High Court in Lagos as the court did not sit. The Judge, Justice Chukwujekwu Aneke, is said to be away on official assignment. At the last adjourned...
money laundering
A Federal High Court, Abuja, on Monday, dismissed Rep Nicolas Mutu (Delta-PDP)’s no-case submission in the alleged N320 million money laundering charge by the Economic and Financial Crimes Commission (EFCC). Justice Folashade Giwa-Ogunbanjo, in a ruling, directed Mutu and his co-defendants to enter their defence as they have...
The Chairman of Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has pledged to refocus the anti-corruption war by adopting modalities capable of stimulating economic growth and development. The chairman gave the assurance, while addressing members of staff of Ilorin Zonal Command of EFCC, at the Commission’s...
By EZEKIEL OBI, Abuja – A former Minister of State for Defence, Senator Musiliu Obanikoro, on Wednesday, November 29, 2023, told Justice Nnamdi Dimgba of the Federal High Court, Abuja, how the inability of a defunct commercial bank (Diamond Bank) to disburse huge sums of money prompted...
A Federal High Court, Abuja, on Wednesday, fixed Jan. 22 for ruling on a no-case submission filed by Rep Nicolas Mutu (Delta-PDP) and others against a money laundering charge by the Economic and Financial Crimes Commission (EFCC). Justice Folashade Ogunbanjo gave the date after counsel for the parties...
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 alleged N338.8 million money laundering. The case which was earlier fixed for continuation of trial on Nov. 15, could not proceed as Justice...
The House of Representatives Committee on Financial Crimes has declared its commitment to root out the enablers of financial crimes and criminal activities in the country. The committee also asserted that the 10th National assembly would not tolerate corruption. Rep. Ginger Obinna, Chairman of the committee, made this...
The trial of the social media celebrity, Ismaila Mustapha (alias Mompha), charged with six billion Naira money laundering, before an Ikeja Special Offences Court, was stalled due to the absence of prosecution witness. When the case was called on Wednesday, the Economic and Financial Crimes Commission (EFCC) Counsel,...
By EZEKIEL OBI, Abuja – The Economic and Financial Crimes Commission (EFCC) has sensitised gold merchants in Zamfara on their obligations as provided under the Money Laundering (Prohibition and Prevention) Act, 2022. The sensitisation was conducted in Gusau for members of Zamfara Gold Buyers and Sellers Cooperative...
The Economic and Financial Crimes Commission (EFCC) on Monday tendered two documents in evidence against social media celebrity, Ismaila Mustapha (alias Mompha), charged with six billion Naira money laundering. The News Agency of Nigeria (NAN) reports that the documents were tendered through the Federal Bureau of Investigation (FBI)...
By JOY ADARA, Abuja – Foremost Anti-corrupt group, Human and Environmental Development Agenda (HEDA Resource Centre) has commended the Economic and Financial Crimes Commission (EFCC) on its appeal of the recent judgment of the Court of Appeal, Abuja judicial division. The Court discharged former Governor of...
A Federal High Court, Abuja, on Friday, ordered the office of the Attorney-General of the Federation (AGF) to take over the N5 billion suit the Economic and Financial Crimes Commission (EFCC) preferred against Sen. Stella Oduah and others after their arraignment. Justice Inyang Ekwo, who gave the order shortly...
Former Aviation Minister, Sen. Stella Oduah, and others on Friday, pleaded not guilty to a N5 billion fraud charge preferred against them by the Economic and Financial Crimes Commission (EFCC). Oduah and eight others were arraigned by the EFCC before Justice Inyang Ekwo of a Federal High Court, Abuja....
The Economic and Financial Crimes Commission (EFCC), on Tuesday, disowned a lawyer, Ibrahim Mohammed, who filed a fresh charge bordering on perjury and document falsification against Sen. Stella Oduah in the name of the anti-graft agency. EFCC’s counsel, H. A Okonofua, told Justice James Omotosho of a Federal High...
A Federal High Court, Abuja has upheld the objection of Mr Aliyu Abubakar, a co-defendant in the ongoing money laundering trial of Mr Mohammed Adoke, former Attorney-General of the Federation (AGF) and Minister of Justice. Justice Inyang Ekwo, in a ruling after the trial-within-trial, held that the extra-judicial statements...
The Supreme Court had in a split decision of four-to-one set aside the conviction and sentencing to seven years imprisonment of Sen. Peter Nwaoboshi for offences of fraud and money laundering. In a lead judgment by Justice Emmanuel Agim, the apex court held that Nwaobishi and the two companies...
A compliance officer at Access Bank Plc., Mr Elijah Adegboye, on Monday testified in the trial of social media celebrity, Ismaila Mustapha (alias Mompha), charged with laundering six billion Naira. The News Agency of Nigeria (NAN) reports that Mompha was not present during Monday’s proceedings. Adegboye was led in...
A civil society group, Justice and Equity Forum, has urged President Bola Tinubu not allow interested individuals to interfere in the ongoing investigation of former Ekiti Governor, Kayode Fayemi by the anti-graft Economic and Financial Crimes Commission (EFCC) over alleged money laundering. The forum made the call in a...
By BARBARA KALU, Port-Harcourt The Economic and Financial Crimes Commission, EFCC, has charged real estate operators in Port Harcourt and its environs to be professional and ensure due diligence in dealing with their customers. Assistant Commander of the EFCC, Ibinabo Mary Amachree gave the charge in a welcome address...