Beyond the Headlines
The Federal Government has approached the National Assembly for more powers to freeze and seize stolen public funds and assets. President Muhammadu Buhari, in a letter to the House of Representatives , which the Speaker, Femi Gbajabiamila , read at the plenary on Wednesday, sought creation of a Proceeds of Crime ( Recovery and Management […]
The Federal Government has arraigned Dantata Success and Profitable Company and their promoters before the Federal High Court in Abuja for investment fraud amounting to over N2billion. Efe Ebelo, Head, Corporate Communications at the Securities and Exchange Commission, made this known in a statement, noted that those charged along with the company are Basira Ibrahim […]
..Alpha Beta defends Tinubu, accuses ex-MD of diverting N6bn A former Managing Director of Alpha-Beta Consulting LLP, Oladapo Apara , says the firm has got over N 150 billion as 10 per cent commission for “ computing , tracking and reconciling” Lagos State ’ s Internally Generated Revenue since the year 2000. Apara also claimed […]
..Obassa Says he was never detained A Federal High Court sitting in Lagos has ordered the temporary freezing of three accounts belonging to the Speaker of the Lagos State House of Assembly , Mudashiru Obasa. The order was pursuant to a motion ex parte filed by the Economic and Financial Crimes Commission which is investigating […]
A former Managing Director of Alpha Beta Consulting, Mr. Oladapo Apara, has sued the company, a former Governor of Lagos State, Bola Tinubu; and the current Managing Director of the firm, Akin Doherty; before a Lagos State High Court, Igbosere. In the writ of summons marked LD/7330GCMW/2020, Apara asked the respondents to appear within 42 […]
Dapo Apara, a Nigerian chartered accountant, has accused a former governor of Lagos State, Bola Tinubu; a consulting firm, Alpha-beta, and a former commissioner in the state, Akin Doherty, of money laundering, fraud, tax evasion, and sundry corrupt practices. Mr Apara, in writ of summons deposed to at a Lagos high court, claimed that Mr […]
The Speaker of the Lagos State House of Assembly , Mudashiru Obasa, is in the custody of the Economic and Financial Crimes Commission responding to allegations of fraud , Themselves. The spokesman for the EFCC , Wilson Uwujaren , told our correspondent that Obasa was invited and he honoured the invitation at the Lagos zone […]
Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee, are the two candidates left in the final round of the race to lead the World Trade Organisation (WTO), according to reports. The United Kingdom’s Liam Fox, Kenya’s Amina Chawahir Mohamed Jibril, and Saudi Arabia’s Mohammad Maziad Al-Tuwaijri did not secure enough support in the second round […]
The Economic and Finanacial Crimes Commission on Wednesday presented one Samuel Orie, a Compliance Officer with Guaranty Trust Bank Plc as its first prosecution witness, against Social media Influencer Adedamola Adewale, also known as Adeherself. The anti graft body stated that Adeherself was re-arraigned for alleged internet fraud before Justice Sherifat Solebo of the Lagos […]
The Economic and Financial Crimes Commission (EFCC) says it recorded 646 convictions and recovered more than N11 billion in monetary asset this year, despite the restriction imposed by the COVID-19 pandemic. The acting chairman of the EFCC, Umar Abba, disclosed this while addressing the Senate Committee on Anti-Corruption and Financial Crimes in Abuja on Tuesday. […]
