Otudeko, Onasanya, others’ absence in court stall arraignment
The arraignment of the chairman of Honeywell Group, Oba Otudeko, and the former Managing Director of First Bank, Olabisi Onasanya, faced a brick wall on Monday following their absence at…
Alleged N76bn fraud: Court grants ex-AMCON MD, others N20m bail
Justice Mojisola Dada of an Ikeja Special Offences Court on Monday granted N20m, bail to former Managing Director of Assets Management Corporation of Nigeria, Ahmed Kuru, and four other defendants…
Court jails Sokoto teaching hospital accountant for diverting N60m
The federal high court in Sokoto has convicted and sentenced Lukumanu Sani Waziri, an accountant at the Usmanu Danfodiyo University Teaching Hospital (UDUTH), over the diversion of N60 million. The…
UK probe finds no stolen Nigerian funds linked to Diezani –Ozekhome
Legal luminary, Prof. Mike Ozekhome, SAN, has debunked persistent allegations of corruption against former Minister of Petroleum Resources, Diezani Alison-Madueke, asserting that no stolen Nigerian funds have ever been traced…
Yahoo boys shoot EFCC operatives, kill one, injure another in Anambra
Suspected Internet fraudsters, known as Yahoo boys, have shot dead an unidentified officer of the Economic and Financial Crimes Commission (EFCC) and critically injured another in the Onitsha area of…
Court jails fake spiritualist for internet fraud
Justice Mahmud Abdulgafar of the Kwara State High Court, sitting in Ilorin has convicted and sentenced one Odeyemi Hammed Oluwaseun to one year imprisonment for internet fraud. In a statement…
Alleged N12.3bn Fraud: EFFC To Arraign Oba Otudeko, Onasanya, Two Others
The Economic and Financial Crimes Commission (EFCC) has filed a 13-count criminal charge against the Chairman, Honeywell Group, Chief Oba Otudeko and a former Managing Director of First Bank, Olabisi…
Two in police net for buying goods worth N220,000 with fake bank transfer
The Ogun State police command on Wednesday said its operatives have arrested Opeyemi Ibrahim and Dimeji Bakare for allegedly buying clothes worth N220,000, using fake bank transfers from one Christopher…
Naira abuse: EFCC invites billionaire Okoya’s sons
The Economic and Financial Crimes Commission has invited Wahab and Raheem Okoya, sons of billionaire businessman, Chief Razaq Okoya, for questioning over alleged naira abuse. Raheem and Wahab are expected…
EFCC arrests four Chinese, 101 Nigerians for suspected internet fraud
Operatives of the Economic and Financial Crimes Commission have arrested four Chinese nationals and 101 Nigerians in a business apartment in the Gudu area of Abuja over suspected internet fraud.…
Naira abuse: Policeman in viral video with Okoya’s sons detained for misconduct
The Nigeria Police Force has detained a yet-to-be-named officer seen in a viral video with Wahab and Raheem, sons of billionaire businessman, Chief Razaq Okoya, abusing naira. This was disclosed…
Man jailed two years for defrauding American of $345,000
A Federal High Court sitting in Abuja has sentenced one Chima Nkwocha also known as Young Billionaire to two years imprisonment for defrauding a United States citizen of $345,000. From…
Court orders interim forfeiture of N228.4m traced to ex-Gov Orji of Abia
A Federal High Court in Abuja has made an order of interim freezing and forfeiture of the sum of over N228.4 million linked to former Gov. Theodore Orji of Abia…
EFCC fires 27 officials over corruption — but refuses to disclose their names
The Economic and Financial Crimes Commission has dismissed 27 officers from its workforce in 2024 for various offences related to fraudulent activities and misconduct. In a statement issued on Monday…
Money laundering’: Court temporarily freezes 21 bank accounts, orders owners’ arrest
A federal high court in Abuja has ordered an interim freezing of 21 bank accounts domiciled in some commercial banks over the allegation of money laundering. Emeka Nwite, the presiding…