The Economic and Financial Crimes Commission has defended its decision to withhold the identity of the owner of a recently recovered estate, which it described as the largest single asset recovery in its history. The EFCC had on Monday announced the recovery of 753 duplexes and other apartments on Plot 109 Cadastral Zone C09, Lokogoma […]
The Economic and Financial Crimes Commission (EFCC) has achieved its largest asset recovery to date with the final forfeiture of a 150,500-square-meter estate in Abuja, containing 753 duplexes and other apartments. The statement from the commission on its official X page revealed that the property is linked to a former high-ranking government official, who is […]
The 7th Prosecution witness, Mr John Adetola, who is testifying in the case against the former Governor of Central Bank of Nigeria (CBN), has told a Lagos High Court sitting in Ikeja how he collected the sum of $400,000 on behalf of Godwin Emefiele. Adetola, who identified himself as an Executive Assistant to Emefiele, also […]
Justice Maryanne Anenih of the Federal Capital Territory High Court in Abuja on Wednesday ordered the remand of a former Kogi State Governor, Yahaya Bello in the custody of the Economic and Financial Crimes Commission. The judge also adjourned till December 10, 2024, to rule on his bail application. Bello and two others, Shuaibu Oricha […]
Former Governor of Kogi State, Yahaya Bello, has again honoured the invitation of the Economic and Financial Crimes Commission (EFCC) over alleged misappropriation of funds. It was gathered from sources close to the EFCC that he went to the office with his lawyers on Tuesday and not with the current Governor of Kogi State, Usman […]
A report by the Auditor-General of the Federation has exposed irregular payments for contracts totalling over N197.72bn across various ministries, departments, and agencies, raising serious concerns about systemic lapses in financial compliance and procurement processes. The findings, which are detailed in the Auditor-General’s Annual Report on Non-Compliance and Internal Control Weaknesses, cover activities between 2020 […]
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the immediate past Aviation Minister, Senator Hadi Sirika and three others before the High Court of the Federal Capital Territory (FCT) on Tuesday said the company approved for the award of contract at the Katsina airport did not qualify to […]
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has announced the dismissal of two officials over alleged corruption. Speaking on Tuesday at the annual criminal law review conference organised by the Rule of Law Development Foundation in Abuja, Olukoyede said the staff were sacked two weeks ago. He said the commission is […]
A special offences court in Ikeja has convicted Fatuyi Phillips, a former chairman of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), over N43.5 million fraud. Mojisola Dada, the presiding judge, sentenced Phillips to 21 years in jail. The Economic and Financial Crimes Commission (EFCC) on April 5, 2022, arraigned Philips alongside his […]
The Yiaga Africa Watching The Vote has said Saturday’s off-cycle governorship election was characterized by massive vote buying, disclosing that voters accepted as low as N5000 before casting their ballots. This is contained in the preliminary report of the Yiaga Africa released on Saturday in Akure and jointly presented by Mr Ezenwa Nwagwu and Cynthia […]
