Tag: Economic and Financial Crimes Commission (EFCC)
Man remanded in court for allegedly stealing exhibit from EFCC office
EFCC arraigned Jordan before Justice Rahman Oshodi on a two-count charge of stealing and dealing with property subject to forfeiture…
EFCC seeks suspension, prosecution of banks aiding N162bn crypto, N18.7bn scams
By Isaac Aregbesola The Economic and Financial Crimes Commission (EFCC) has called for suspension and prosecution of deposit banks, Fintechs…
EFCC implicates banks, Fintechs in N162bn financial scams
He said that the financial institutions clearly compromised banking procedures and allowed the fraudsters to safely change their ill-gotten gains…
NULGE members urge EFCC to probe Lagos chapter president over alleged financial misconduct
The aggrieved members further alleged that a loan facility of ₦65 million obtained in the name of the union was…
“Don’t approach me, the law can’t be bent,” Judge warns lawyers in Malami Trial
The Economic and Financial Crimes Commission, EFCC, is prosecuting Malami alongside his wife, Hajia Bashir Asabe, and son, Abubakar Abdulaziz…
OPay Reaffirms Regulatory Compliance as Core Business Priority During Courtesy Visit to the EFCC
The Global CEO of OPay, Mr. Steven Wen, has reaffirmed that compliance with Nigerian laws and regulations remains the company’s…
Judge rules EFCC violated rights of gold dealer, orders public apology
Court documents show that although both parties initially reconciled an overpayment of ₦26 million, an independent audit allegedly revealed an…
Court orders EFCC to release 27 properties wrongly seized
A Federal High Court sitting in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to immediately release 27…
“Our lives are no longer safe”, Barbara Odoh alleges EFCC stole her project
Odoh, who developed the platform from years of academic research and personal experience, said BSafe Transact is designed to facilitate…
Bank MD, Karka, jailed for five years over fraud
The defendant, however, in 2024, pleaded not guilty to the charges. This led to a full trial of the embezzlement…
Court jails man for Google account impersonation
According to the charge, Ayomide fraudulently impersonated one Agent Julie Ann Andrews Irs by presenting himself as such on a…
Court hands 8-year jail term to politician’s aide over ₦120m job scam
Justice F.E. Messiri convicted Yilkan on a two-count charge of obtaining money by false pretence, brought against him by the…
Ex-Benue Gov Suswam’s N3.1bn fraud trial suffers fresh delay after 10 years
The trial of former Benue State governor, Gabriel Suswam, over an alleged N3.1 billion fraud, has once again suffered a…
EFCC re-arraigns ex-Power Minister, Agunloye over Alleged $6bn fraud
The amended seven count charge was subsequently read to the defendant and Agunloye, however, pleaded not guilty to the amended…
EFCC claims yahoo boys responsible for Visa restrictions
Olukoyede stressed that crimes like that tarnish Nigeria's image which results in tighter restrictions for Nigerians who travel...
Former Army Properties boss disputes EFCC’s ₦246m forfeiture claim
Former Managing Director of Nigerian Army Properties Limited (NAPL), Umar Mohammed, is contesting the Economic and Financial Crimes Commission’s (EFCC)…
PDP condemns Tambuwal’s arrest, alleges political witch-hunt
“We remain confident in Tambuwal’s integrity. No politically driven investigation can shake our belief in his leadership,” the statement concluded.
Seven jailed over stealing of N1bn from TajBank
The suspects had exploited a glitch in the TajBank's system to transfer the over N1 billion to various banks and…
EFCC withdraws case against Oba Otudeko, as business icon maintains integrity, institutions trust
The Economic and Financial Crimes Commission (EFCC) has formally withdrawn the 13-count charge filed before the Federal High Court in…
Ronchess Group issues public disclaimer on former consultant over alleged fraud, blackmail, and ongoing EFCC trial
Ronchess Global Resources Plc., a leading provider of traffic solutions, construction and procurement services in Nigeria, has issued a formal…
EFCC’s overreach: When an innocent pays for a crime not his own
Reform, transparency, and accountability must become the hallmarks of any institution entrusted with protecting financial and civil liberties, a standard…
Internet fraud: 20 jailed in Bauchi, Taraba
Their journey to prison began when the EFCC received petitions from some concerned Nigerians regarding their nefarious activities.
Mark Angel demands proof from EFCC over Verydarkman’s arrest
The comedian’s demand comes after the EFCC issued a press statement claiming that Verydarkman had ignored multiple invitations from the…
EFCC to release VeryDarkMan Tuesday
According to The Nation, plans are also underway to formally charge him in court on Thursday. A senior official of…
Counterfeit dollars: Trial of Lagos businessman Aluko Olabanji adjourned
When the case was mentioned for continuation of trial before the Easter vacation, the Economic and Financial Crime Commission's prosecutor…
EFCC arraigns man for failing to declare foreign currency at Lagos Airport
The defendant who was arraigned on the 15th of april 2025, was accused of a two-count charge of money laundering.
Kwara Ex-Gov diverted N1bn UBEC funds for salaries – EFCC
Daibu, who served as Chairman of the Kwara State Universal Basic Education Board (SUBEB), made this revelation while testifying as…
Bauchi Accountant-General in serious trouble over alleged fraud
Uche, in his application for bail, argued that the charges against Jaja allegedly arose out of the Federal Government’s determination…
South-East students condemn killing of EFCC staff
Ijeomah pledged the collaboration, cooperation and support of the entire Southeast students to the commission against financial crimes.
Anti-corruption war: Tinubu, EFCC’s unwavering efforts
The appointment of the Olukoyede by President Bola Tinubu as the EFCC Chairman has shown a demonstration of renewed commitment…