BREAKING: EFCC invites FIRS chairman, Fowler over fresh N9.2 billion found in his account

The former Chairman of the Federal Inland Revenue Service, Babatunde Fowler, on Monday returned to the Lagos office of the Economic and Financial Crimes Commission for questioning over his alleged involvement in financial misappropriation of funds under his watch. According to reports, a fresh N9.2bn was found in Fowler’s personal account from Lagos Inland Revenue […]

Ameachi Dragged To Court Over Rail Project Contract

The minister of Transport, Mr. Rotimi Amaechi, and the Director-General of the Bureau of Public Procurement (BPP), Mamman Ahmadu have been dragged before a Federal High Court in Abuja, over alleged violation of the Public Procurement Act in the award of Rehabilitation and Reconstruction of Port Harcourt- Maiduguri, Eastern Narrow Gauge Railway line. In the […]

Udom spent N1.4bn state funds on election petition –EFCC

The Economic and Financial Crimes Commission has told the Federal High Court in Lagos that the Governor of Akwa Ibom State, Udom Emmanuel, spent state funds to hire many Senior Advocates of Nigeria to represent him at the election tribunal where his electoral victory as governor was being challenged in 2015. An investigating officer of […]

Reps: Cut of governance cost should begin with executive

Benjamin Kalu, spokesman of the house of representatives, says cut in the cost of governance should begin with the executive arm of government. Speaking with journalists in Abuja on Thursday, Kalu said the national assembly only gets 0.8 percent of the country’s annual budget while the executive is in control of 99.902 percent. Many civil […]

“Saraki’s aide collected about N100m monthly for security and contingency’ — EFCC witness denies link to Ikoyi houses

Isiaka Kareem, a witness of the Economic and Financial Crimes Commission (EFCC) and a former controller of finance and account (CFA) at the Kwara state government house, has denied making payments to the bank accounts of Bukola Saraki, former president of the senate. Kareem told the Lagos federal high court on Wednesday that the N100 […]

We have uncovered N1.48b, 265 hidden accounts – Gov Yahaya

Gov. Inuwa Yahaya of Gombe state says his administration has uncovered N1.48 billion from 586 undisclosed accounts, while 265 hidden accounts linked to the previous administration was also uncovered. Yahaya disclosed this in Gombe on Thursday while declaring open a one-day workshop on Treasury Single Account (TSA) tagged: “Cash Management Strategy”. The workshop was organised […]

Reps Uncover Over N6bn Unspent Funds In EFCC

…we are not aware of five percent collection fees, says Acting Chairman The House of Representatives on Wednesday uncovered about N6 billion unspent funds in the coffers of the Economic and Financial Crimes Commission (EFCC), saying the commission may have gotten too many budgetary releases to the detriment of other agencies. The Acting Chairman of […]