News - Osborne Towers

Federal High Court Orders Final Forfeiture Of Ikoyi Cash

3 weeks ago /
Nation 

A federal high court sitting in Lagos has ordered the final forfeiture of the discovered sums of money in an Ikoyi apartment to the federal government. Muslim Hassan, the presiding judge, ordered the final forfeiture of the monies – $43m, £27, 000 and NN23m after they were temporary forfeited to the...

CBN Governor, Emefiele Declines Invitation By House Of Reps Panel Probing Ikoyi Cash Haul

1 month ago /
Nation 

The CBN Governor, Godwin Emefiele, has said that he will not appear before the House Committee On National Security and Intelligence to testify in the ongoing investigation into the $43.4m (N13bn) recovered by the Economic and Financial Crimes Commission (EFCC) from an apartment at Osborne Towers, Ikoyi, Lagos. The committee which is...

Uncertainty Over Fate Of Embattled SGF, NIA Boss

1 month ago /
Nation  Politics 

There was uncertainty on Sunday evening over the fate of the suspended Director General of the National Intelligence Agency, Ambassador Ayo Oke; and the suspended Secretary to the Government of the Federation, Babachir Lawal. The development is based on the fact that the presidential committee investigating them can no longer present...

Osinbajo Panel Summons Emefiele, NIA, NNPC, NAPIMS, PINE Contractors

2 months ago /
Nation 

The presidential investigative panel headed by Vice President Yemi Osinbajo on the suspension of Secretary to the Government of the Federation (SGF), Engr. Babachir Lawal, and Director General of the National Intelligence Agency (NIA), Ayodele Oke, has invited governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.   He will answer...

Buhari’s Anti-Corruption War A Mere Noise – Lamido

2 months ago /
Nation 

A former governor of Jigawa State, Sule Lamido, has described the President Muhammadu Buhari’s anti-corruption war as a ‘noise.’ Lamido, a former minister of Foreign Affairs, while speaking with the BBC Hausa Service yesterday, claimed that President Buhari could not be passed as a saint because he was “equally corrupt when...

Updated: Buhari Suspends SGF, NIA DG

2 months 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

2 months 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

2 months 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...

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

2 months 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...

Former PDP Chairman Mu’azu ‘Disowns’ Ikoyi House Where over $50 Million Was Found

2 months ago /
Nation 

Former Chairman of National People’s Democratic Party (PDP), Ahmadu Adamu Mu'azu has 'disowned' the house where Economic and Financial Crime Commission (EFCC) officers yesterday discovered more than $50 million hidden behind false walls in a swanky apartment tower in the upscale Ikoyi area of Lagos. Mr. Muazu who reached out to...

EFCC Uncovers $43.4m Kept In Lagos Apartment

2 months 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...