Tag: Money Laundering
Alleged money laundering: Court acquits ex-minister Wali
A Federal High Court sitting in Kano on Friday discharged and acquitted a former Minister of Foreign Affairs, Alhaji Aminu…
Customs seizes $890K from 2 Lebanese, hand them over to EFCC
Two Lebanese, Dina Jihad Khali and Chamseddine Waell Mohmmed, have been arrested by the Customs Area Command, Port Harcourt, Rivers…
Saraki docked for money laundering
Ope Saraki, cousin to former senate president, Bukola Saraki was charged today with money laundering at a Federal High Court…
EFCC, NDLEA Collaborate on money laundering, drug abuse
The Economic and Financial Crimes Commission, EFCC and the National Drug Law Enforcement Agency, NDLEA have agreed to form alliance…
N4.9 billion Fraud: Fani-Kayode, Usman’s trial adjourned
Justice Ridwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, further adjourned the trial of a…
EU moves to float new watchdog for money laundering
Europe is tightening the loopholes in its banking sector being used by money launderers, with EU's largest states pushing for…
Nigerians react to arrest of Mompha suspected ‘Yahoo Yahoo Big Boy’
The Economic and Financial Crimes Commission, EFCC has confirmed the arrest of Nigerian rich boy based in Dubai Ismaila Mustapha,…
‘Gift’ to Obasanjo: Atiku’s son-in-law charged afresh with money laundering
Abdullahi Babalele, son-in-law of Atiku Abubakar was docked today on a new charge of laundering $140,000.
Art works: New method of money laundering
While the legitimate art market is itself enormous—estimated at $67.4 billion worldwide at the end of 2018—the underground art market,…
EFCC: Aid agencies in Nigeria under watch for money laundering
The acting chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has disclosed that aid agencies operating in the troubled…
JUST IN: EFCC docks Atiku’s lawyer Giwa-Osagie for money laundering
Uyiekpen Giwa-Osagie, lawyer to former Vice President Atiku Abubakar, has been charged with money laundering by the Economic and Financial…
Money laundering: Erastus Akingbola’s trial resumes June 13
A Federal High Court in Lagos on Tuesday adjourned until June 13, the money laundering trial of a Managing Director…
American woman arrested for laundering money for Nigerian scammer
A 63 year-old woman Mable Dulaney, of West Monroe, Louisiana, United States is facing trial, accused of laundering thousands of…
EFCC arraigns man for N58m money laundering
The Economic and Financial Crimes Commission, EFCC, has arraigned Okoroji Stanley Chinonso, a Malaysian based man, before Justice Folashade Giwa-Ogunbanjo…
EFCC keeps mum over Tinubu’s bullion vans
The Economic and Financial Crimes Commission (EFCC) on Thursday declined comments about whether it had launched an investigation to find…