The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned Usman Kwakwa, an official of the Rural Electrification Agency (REA), for allegedly stealing N298 million through the agency’s payment platform. He was arraigned on Thursday before a federal high court in Abuja on a four-count charge. Kwakwa is one of several officers […]
The Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to the former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. Justice Yellim Bogoro made the order on Thursday, May 23, 2024, following an ex-parte application by counsel to […]
A Federal Capital Territory, FCT, High Court sitting in Maitama has granted former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, a N300 million bail following his arraignment on a four-count charge bordering on printing new Naira notes without observing due process. The former CBN governor pleaded not guilty when the charge […]
The Economic and Financial Crimes Commission (EFCC) has cautioned compliance officers of banks in Nigeria to stop disclosing the anti-graft agency’s investigative activities to their customers. EFCC Chairman, Ola Olukoyede, made the call on Tuesday, May 7, 2024, through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa […]
The Federal High Court sitting in Abuja, on Friday, declined to set aside the order it issued for the arrest for the immediate past Governor of Kogi State, Alhaji Yahaya Bello. The court, in a ruling that was delivered by Justice Emeka Nwite, accused the erstwhile governor of attempting to truncate the criminal case […]
Justice Joseph Oyewole of the Court of Appeal in Abuja has granted an ex-parte motion for a stay of proceedings filed by the Economic and Financial Crimes Commission (EFCC) against the contempt proceedings commenced by the former governor of Kogi State, Yahaya Bello. The former governor had filed the contempt of court charge against […]
The Economic and Financial Crimes Commission (EFCC) has arraigned Ademola Banu, a former commissioner for finance in Kwara, over alleged money laundering and misappropriation of state funds to the tune of N1.22 billion. Banu was arraigned on Monday before Evelyn Anyadike, judge of the federal high court in Ilorin, Kwara state capital. He is […]
John Ikechukwu Ayoh, a former director at the Central Bank of Nigeria (CBN), has testified against Godwin Emefiele, ex-governor of the apex bank, in the ongoing case of abuse of office at the Lagos high court. Emefiele and his co-defendant, Henry Omoile, are currently facing trial on a 26-count charge. The former CBN governor […]
The Economic and Financial Crimes Commission (EFCC) says the American International School Abuja (AISA) has refunded the fees paid for the children of Yahaya Bello, immediate-past governor of Kogi state. Bello allegedly paid $760,910 in advance as fees for five of his children from the coffers of the Kogi state government. The children are […]
A Kogi State High Court sitting in Lokoja has ordered the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, to appear in court on May 13, 2024, to show cause why an order of committal should not be made against him for allegedly disobeying court order. The EFCC boss is facing […]
