A Federal High Court sitting in Abuja on Friday ordered an interim forfeiture of 40 landed properties belonging to the embattled former Deputy Senate President, Sen. Ike Ekweremadu, who is currently in custody in the United Kingdom. The trial Judge, Justice Inyang Ekwo made the order following an ex-parte motion marked, FHC/ABJ/CS/1242/2022 filed and […]
The Nigerian Immigration Service (NIS) has taken punitive action against 26 personnel for engaging in corrupt practices. In a statement released on Friday by Kenneth Kure, NIS spokesperson, eight personnel were said to be dismissed while 18 were sanctioned. Isah Idris, the comptroller general of immigration, said the personnel were sacked following the approval […]
Nigeria loses at least 700,000 barrels of crude oil to thieves daily, Minister of State for Petroleum Resources, Chief Timipre Sylva said in Effurun, Delta on Saturday. He made the assertion at the 2002 graduation of students of Petroleum Training Institute (PTI). The minister who was represented by Ambassador Gabriel Aduda, Permanent Secretary, Ministry […]
The Economic and Financial Crimes Commission (EFCC) has warned currency speculators and Bureau de Change (BDC) operators not to undermine the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Naira. EFCC Chairman, Abdulrasheed Bawa in a statement on Wednesday commended the move by the apex bank, […]
Ebony Mayfield, an American woman, who allegedly aided Allen Onyema, founder of Air Peace, in facilitating a $20 million bank fraud, has admitted to receiving $20,000 for her roles over a period of two years. Mayfield pleaded guilty to the charge at the United States district court for the northern district of Georgia, in […]
The Economic and Financial Crime Commission (EFCC) on Wednesday rearraigned suspended Accountant-General of the Federation, Ahmed Idris and three others over alleged N109.5 billion fraud in an FCT High Court, Maitama. Other defendants are Olusegun Akindele; Mohammed Usman and Gezawa Commodity Market and Exchange Limited. They were first arraigned on July 22 before a […]
The Chairman of the Commission, Abdulrasheed Bawa said this on Tuesday at a workshop on financial crimes reporting organised by the Commission for some selected journalists in Lagos. Bawa said the commission was stepping up its investigations of the DNFBPS through its Special Control Unit Against Money Laundering (SCUML) under the newly enacted Money […]
Justice Mobolaji Olajuwon of the Federal High Court, Abuja today Monday, October 24, 2022, ordered the final forfeiture of two Abuja properties and two luxury cars belonging to a former minister of petroleum resources, Mrs. Diezani Alison-Madueke, to the Federal Government. In a statement on the facebook page of the Economic and Financial Crimes […]
Abdulrasheed Maina, former Chairman, defunct Pension Reform Task Team (PRTT), says he is suffering from a life-threatening disease and he needs urgent medical attention Maina told Justice Inyang Ekwo of a Federal High Court (FHC), Abuja in an ex-parte motion filed by his lawyer, Israel Obaniyi. The motion, marked: FHC/ABJ/CS/1729/2022, was dated and filed […]
The Group Chief Executive Officer of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari on Tuesday said cooperation with security agencies has significantly reduced the scale of oil theft in the Niger Delta, following the discovery of several illegal pipes. He made the comment during his address on the second day of the PENGASSAN […]
