The Federal High Court, Abuja, on Monday, admitted Ali Bello and three others to a total bail of N2bn in their N3 billion fraud trial. Justice Obiora Egwuatu held that the charges against the defendants are bailable, and that bail is to enable defendants charged with an offense to prepare well for their trial. […]
The Economic and Financial Crimes Commission (EFCC) has assured Nigerians of its readiness and competence to tackle vote buying and other acts of electoral fraud to make the 2023 elections transparent, free and fair. EFCC Spokesperson, Wilson Uwujaren, in a statement in Abuja on Wednesday, quoted the commission’s Chairman, Mr Abdulrasheed Bawa, as saying […]
The Economic and Financial Crimes Commission, EFCC, has filed a motion before the Abuja Division of the Court of Appeal, asking for a stay of execution of the judgment of the Kogi State High Court delivered on December 12, 2022 and the consequential order made on Feb. 6th 2023, in the suit between the […]
The money laundering trial of a former Minister of Aviation, Femi Fani-Kayode and others, was on Wednesday, stalled before a Federal High Court in Lagos, following absence of Prosecution and Defence Counsel. The case which was initially fixed for continuation of trial could not proceed as the prosecution and defence counsel were said to […]
No fewer than 26 bidders have been declared winners of different property comprising apartments and plots of land forfeited to the Federal Government by the court. Some of the property located in the nation’s capital was reportedly owned by a former minister of petroleum, Mrs Diezani Allison-Madueke, before its final forfeiture to the government. […]
The Economic and Financial Crimes Commission, said on Wednesday it secured a total of 3785 convictions across all its Commands in 2022. According to a statement by EFCC Spokesman Wilson Uwujaren, the figure, which emerged from a review of the commission’s performance in the outgone year, shows a 70.5% improvement over its record for […]
The Economic and Financial Crimes Commission (EFCC) says it recovered over $121 million as part of the assets forfeited to the federal government. Abdulrasheed Bawa, the EFCC chairperson, said this on Thursday at a media briefing organised by the presidential communications team in Abuja. Highlighting the achievements of the anti-graft agency, Bawa said the […]
The Economic and Financial Crimes Commission (EFCC) has arraigned Olasupo Shasore, former Lagos state attorney-general and commissioner for justice, before a federal high court in Abuja. Shasore was arraigned alongside his company, Middlesex Investments Ltd, on a 14-count “money laundering” charge before Inyang Ekwo, a judge, on Friday. The former commissioner, however, pleaded not […]
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 operators will be sustained, […]
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 several forex trading hubs […]
