The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the anti-graft agency uncovered how a religious sect in Nigeria is laundering money for terrorists. This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been […]
The Economic and Financial Crimes Commission says the Chairman of Ibeto Energy Development Company, Cletus Ibeto, charged with N4.8bn alleged fraud, has approached the commission seeking to settle the case out of court. The EFCC charged Ibeto alongside his companies, Ibeto Energy Development Company and Odoh Holdings Ltd, with 10 counts, bordering on conspiracy, […]
The Economic and Financial Crimes Commission (EFCC) has decried the rise of land fraud and cybercrimes in the southeast geopolitical zone of the country. The EFCC Enugu zonal commander in charge of the southeast, Aliyu Nuhu Naibi, who disclosed this on Saturday, December 9, lamented that the ugly trends of land fraud were increasingly […]
The chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede has expressed worry over the alarming rate of Nigerian youth involved in cyber crimes. Olukoyede in a statement issued by EFCC on X said it is worrisome that seven out of ten students in Nigeria today are involved in cyber crimes. He […]
The new Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says about ₦2.9 trillion meant for some government projects was diverted into personal use by contractors between 2018 and 2020. Mr Olukoyede disclosed this on Wednesday when he appeared before the Senate for screening. The upper chamber confirmed him after the […]
Operatives of the Uyo Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested 46 suspected internet fraudsters at different locations within Calabar, Cross River State, and Eket Local Government Area of Akwa Ibom State. While the Calabar suspects were arrested on October 13, 2023, their Eket counterparts were nabbed on Sunday, […]
Human rights lawyer and Senior Advocate of Nigeria (SAN), Mr Femi Falana, says it is against the federal character principle for the chairmen of the two anti-graft federal agencies in Nigeria to come from the same geopolitical zone. The senior lawyer said if the chairman of the Economic and Financial Crimes Commission (EFCC) […]
The Enugu Command of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of three Internet fraudsters. According to a statement released by the EFCC, the convicts were first arraigned on September 29, 2023, before Justice Nnadi O. Dimgba of the Federal High Court sitting in Awka, Anambra State on one-count separate […]
Two Point of Sale, POS, agents on Thursday appeared before an Ebute-Meta Chief Magistrates’ Court in Lagos State, for allegedly stealing N942 million belonging to their employer. The defendants – Chigozie Omeje, 26; and Irene Andrew, 29; whose addresses were not given, are facing a three-count charge of conspiracy, cybercrime and theft. They, however, […]
The scheduled arraignment of a billionaire businessman, Cletus Ibeto, for alleged N4.8bn fraud was stalled on Thursday, for the third time, due to the absence of the defendant from the Lagos State High Court in Ikeja. The Economic and Financial Crimes Commission filed 10 counts against Ibeto alongside his company, Ibeto Energy Development, before […]
