Three serving state governors are being monitored over their moves to launder stashed billions of naira through table payment of salaries to workers, Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, told Daily Trust in an exclusive iinterview on Thursday. He said raid on Bureau De Change...
  In continuation of its onslaught against forex dealers over the current dollar crisis in the country, the Economic and Financial Crimes Commission on Wednesday arrested no fewer than 87 forex dealers in the Federal Capital Territory, Abuja, Lagos and Kano. Findings by The PUNCH revealed that the EFCC detectives stormed...
  At least eight Bureau de Change (BDC) operators have been arrested following the Economic and Financial Crimes Commission (EFCC) raid on Wapa forex market in Kano. Daily Trust gathered that operatives of the Kano command of the anti-graft agency stormed the forex market Tuesday evening with about eight vehicles and...
  Officials of the Economic and Financial Crimes Commission raided the offices of black market currency dealers in Abuja on Tuesday, November 1, 2022, arresting an unconfirmed number of suspects. Our correspondent gathered that the officials, armed to the teeth, stormed the Sheraton Hotel area of Abuja to arrest some Bureaux...
  The Economic and Financial Crimes Commission, EFCC, has arrested the Kogi State House of Assembly candidate of the New Nigeria Peoples Party, Ismaila Atumeyi, with N326 million and $140,500 cash. According to The PUNCH, Atumeyi who is seeking to represent Ankpa 11 Constituency in the Kogi State House of Assembly...
  The Economic and Financial Crimes Commission (EFCC) has declared that it does not know the whereabouts of the All Progressives Congress (APC) senatorial candidate for Kano Central, Abdulkareem Zaura. The trial of Zaura for an alleged $1.3 million scam at the Federal High Court sitting in Kano failed to commence...
  The Economic and Financial Crimes Commission (EFCC) has warned currency speculators and Bureau de Change (BDC) operators not to undermine the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Naira. EFCC Chairman, Abdulrasheed Bawa in a statement on Wednesday commended the move...
  A Kwara High Court sitting in Ilorin on Friday convicted one Basheeru Seyi, a student of Kwara Polytechnic, Ilorin for offences bordering on internet fraud. The Presiding Judge, Justice Adebayo Yusuf, in his judgment, sentenced the defendant to six months imprisonment with N200,000 as the option of a fine. Yusuf also...
  The Economic and Financial Crimes Commission says it will appeal the ruling of Justice C.L Dabup of the Plateau State High Court discharging and acquitting a former governor of Plateau State, Jonah Jang, and a former cashier in the office of the Secretary to the State Government, Yusuf Pam. The...
  A Special Offences Court in Ikeja, Lagos, on Thursday sentenced a lawyer, Taiwo Oreagba, to two years in prison for soliciting N4 million bribe. Oluwatoyin Taiwo, the judge, however, discharged the lawyer on a second count of obtaining money by false pretence. Ms Oreagba, who once represented the musician, Naira Marley,...