News - Economic and Financial Crimes Commission

ECOWAS Asks Academics To Support Fight Against Financial Crimes

21 hours ago /
Nation 

The Economic Community of West African States (ECOWAS) is seeking collaboration with academics in the area of research aimed at checking money laundering and terrorism financing in the West African sub region. Officials of the ECOWAS Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) made the call at the second Annual...

Investigative Panel Grills NIA DG, Ayo Oke

21 hours ago /
Nation 

The suspended Director-General of the National Intelligence Agency (NIA), Ayo Oke, on Monday appeared before the three-man panel set up by President Muhmmadu Buhari to investigate the monies recovered by the Economic and Financial Crimes Commission (EFCC) in Ikoyi, Lagos on April 12. The anti-graft agency had discovered $43.4m, N23.2m and...

Court Strikes Out Obanikoro’s Application Against EFCC

1 day ago /
Nation 

A Federal High Court sitting in Lagos has struck out a 100 million Naira suit instituted by Senator Musiliu Obanikoro, and his family against the Economic and Financial Crimes Commission (EFCC), over allegations of property seizure. Justice AbdulAziz Anka held that the suit lacked merit. The Senator, his wife, his two sons,...

Updated: Buhari Suspends SGF, NIA DG

6 days ago /
Nation 

President Muhammadu Buhari has directed the suspension of the Secretary to the Government of the Federation, Mr David Babachir Lawal. President Buhari has also ordered an investigation into the allegations of violations of law and due process made against the SGF in the award of contracts under the Presidential Initiative on the...

President Buhari Suspends NIA, SGF Chief

6 days ago /
Nation 

President Muhammadu Buhari has suspended the director-general of National Intelligence Agency, Ambassador  Ayo Oke and the Secretary to the Federal Government, Engineer Babachir David Lawal. Both men have been mired in some controversies. The President has ordered full scale investigations into their cases. Ayo Oke was linked recently with the shocking discovery of...

Seized N13bn Cash: EFCC Searches Ex-Gov Obi, Mu’azu, Others’ Ikoyi Flats

6 days ago /
Nation 

As part of investigations into the 13 billion Naira found at a flat in Osborne Towers, Ikoyi, Lagos state, the Economic and Financial Crimes Commission (EFCC) has searched apartments of the immediate past Governor of Anambra State, Peter Obi; and a former Chairman of the Peoples Democratic Party (PDP), Adamu...

Ikoyi Recovery Funds: Amaechi Writes Fani-Kayode, Fayose’s Aide

1 week ago /
Nation 

It appears the controversy over the recent recovery of 43 million Dollars, 27 million Naira and 23,000 pounds in a Lagos home may take a legal dimension soon. This is because the Minister of Transportation, Chibuike Amaechi, has threatened to sue a former Minister of Aviation, Mr. Femi Fani-Kayode and an...

EFCC Gets Warrant To Search Lagos Building Over Possibility Of More Hidden Cash

1 week ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) has obtained a warrant from a court to search all the apartments in Osborne Towers, where the N13.3 billion was discovered. According to sources in the commission, the EFCC at the weekend wrote to all the occupants of the building notifying them that its...

No Owner Yet For The $43.45m Cash Seized From Ikoyi Apartment

1 week ago /
Nation 

Forty eight hours after, no one has come out to claim the $43.45m cash seized by the Economic and Financial Crimes Commission. All the three persons speculated as possible owners have all denounced the claims. Esther Nnamdi- Ogbue, the former managing director of NNPC retail business said the money was not hers. Senator...

Some Indicted INEC Staff Refund Bribe

1 week ago /
Nation 

The Independent National Electoral Commission (INEC) on Thursday said some of its staff accused of benefitting from a N3.4 billion bribe money in the 2015 general elections have refunded their share. The INEC Chairman, Prof. Mahmud Yakubu, disclosed this when he visited the Acting Chairman of the Economic and Financial Crimes...

We Won’t Replace Magu, Says Osinbajo

1 week ago /
Nation 

Vice-President Yemi Osinbajo has ruled out the possibility of President Muhammadu Buhari replacing the Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, whose nomination has been rejected by the Senate twice. He said the President did not find the security report prepared by the Department of State...

EFCC Raids Adoke’s Kano Home For Documents

1 week ago /
Nation 

The Economic and Financial Crimes Commission (EFCC), has allegedly raided the Kano home of a former Attorney General and Minister of Justice, Mohammed Adoke in search of “vital documents”. Sources revealed that the documents, could help the security agencies in establishing a solid case against Adoke, who has already been charged...

EFCC Uncovers $43.4m Kept In Lagos Apartment

1 week ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) on Wednesday uncovered yet another stash of foreign currencies and Naira notes in Lagos. At the end of counting, the sums stood at 43.4 million dollars, £27,800 and N23.2 million, the commission said in a statement on its Facebook page. This time, the monies were...

INEC Suspends 205 Staff Over Bribery Allegation

1 week ago /
Nation 

Two hundred and five members of staff at the Independent National Electoral Commission (INEC) have been suspended and placed on half salary. The suspension was announced on Tuesday in Abuja, the Federal Capital Territory. The decision follows a meeting which considers the report of the Commission’s committee set up to look into...

EFCC Uncovers Four Billion Naira Through Whistle-blower

1 week ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) says a tip-off by a whistle-blower on Tuesday, led to another discovery of a huge sum of four billion Naira suspected to be proceeds of crime. According to a statement by the EFCC spokesman, Wilson Uwujaren, investigations as to the owner of the funds...

EFCC Detains Former Niger Governor Babangida Aliyu

2 weeks ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) is holding former Niger State Governor Babangida Aliyu for questioning over allegations of abuse of office and money laundering. The former governor was invited by the EFCC on Tuesday to respond to the allegations and he had faced many hours of interrogations by a crack...

EFCC Appeals Unfreezing Of Ozekhome’s Account

2 weeks ago /
Nation 

The Economic and Financial Crimes Commission (EFCC) has filed an appeal against the court ruling that unfroze the Guaranty Trust Bank account of a senior lawyer, Mr Mike Ozekhome, which contained 75 million Naira paid to him by Ekiti State Governor, Ayodele Fayose. In his ruling on Monday, Justice Abdulaziz Anka held...

Judge Unfreezes Ozekhome's Account

3 weeks ago /
Judiciary  

The Economic and Financial Crimes Commission had on February 7, 2017 obtained an interim order stopping Ozekhome from dissipating the N75m on the grounds that it formed part of proceeds of alleged criminal activities by Fayose.

Buhari Meets Saraki, Dogara At Presidential Villa

3 weeks ago /
Nation 

Nigeria’s President, Muhammadu Buhari is meeting with the Senate President, Dr Bukola Saraki behind closed-doors at the Presidential Villa. The President had earlier met the Speaker of the House of Representatives, Hon. Yakubu Dogara behind closed-doors at noon. The focus of the meetings is not known. But when Hon. Dogara came out of the meeting,...

FG Seeks Arrest Warrant On Fmr AGF, Adoke

3 weeks ago /
Nation 

The Federal Government is seeking an arrest warrant on a former Attorney General of the Federation, Mohammed Adoke. This request was presented by the Economic and Financial Crimes Commission (EFCC), which today, charged the former Attorney General, with illegal transfer of more than 800 million Dollars for the purchase of...


‹ Prev 1 2 3 4 5 ... 15 Next ›