The Economic and Financial Crimes Commission (EFCC) has denied reports suggesting that its officials shared forfeited assets linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and his associates. In a rebuttal statement issued on Wednesday, EFCC spokesman, Dele Oyewale, faulted an online publication alleging that the anti-graft agency He […]
The Court of Appeal sitting in Abuja has ordered former Kogi State Governor, Yahaya Bello, to present himself for arraignment. The court gave the verdict on Tuesday while also restraining the embattled governor from taking further action until he is arraigned. Additionally, the court has set aside the judgment previously delivered by the Kogi State […]
A former relationship manager at First Bank of Nigeria (FBN) says loans worth billions of naira were transferred to companies related to Oba Otudeko, then chairman of the bank, even though they were granted in the name of other firms. Adesuwa Ezenwa is currently at the National Industrial Court (NIC), Lagos, division, claiming unfair dismissal […]
The Federal High Court in Lagos has ordered the interim forfeiture of a cash sum of $2,045m linked to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Akintayo Aluko also ordered the interim forfeiture of seven landed properties linked to the suspended CBN Governor. The lands are listed as: “two […]
The Executive Chairman of the National Hajj Commission of Nigeria, Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, are currently in the custody of the Economic and Financial Crimes Commission over the alleged mismanagement of the N90bn 2024 Hajj subsidy, The PUNCH learnt on Wednesday. In a document sighted by our correspondent on Wednesday, the […]
Following the nationwide protest that turned violent in Kano State, the state government has confirmed that thugs stormed and severely damaged the premises of the Kano State High Court, carting away crucial documents related to corruption charges against the former governor of Kano State, Abdullahi Umar Ganduje. Kano State Governor, Abba Kabir Yusuf, confirmed this […]
Despite the introduction of the Integrated Payroll and Personnel Information System (IPPIS), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has uncovered 22,074 suspicious personnel on the payroll of the Federal Government. The commission also discovered that the government paid N37,103,337,614.40 last year to the suspicious workers. The affected personnel were located in […]
A federal high court in Abuja has granted an interim order to the Economic and Financial Crimes Commission (EFCC) to freeze four cryptocurrency wallets worth $37 million for money laundering. Emeka Nwite, the presiding judge, granted the order while ruling on an ex-parte motion filed by the EFCC. The ruling was delivered on August 8, […]
Alex Beard, the former chief executive director of Glencore, a British mining and trading group, has been charged to court in the United Kingdom, over alleged bribery in connection with oil contracts in West Africa. Beard, a British billionaire businessman, was charged alongside four former employees of Glencore. The others are Andrew Gibson, Paul […]
A former Minister of Power, Saleh Mamman, arraigned for N33bn fraud, has spent nine days at the Kuje Correctional Centre in Abuja. Mamman was arraigned by the Economic and Financial Crimes Commission on July 12 and was granted N10bn bail by Justice James Omotosho of the Federal High Court in Abuja. Checks by our […]
