Federal Government To Sell Emefiele’s 753-unit Housing Estate
The Federal Government has announced plans to sell a 753-unit housing estate forfeited by embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, as part of assets recovered from him through the Economic and Financial Crimes Commission (EFCC). The Minister of Housing and Urban Development, Arc Ahmed Dangiwa, confirmed yesterday that his ministry had […]
EFCC Interrogates Comedian AY On alleged Naira Abuse
Comedian and actor, Ayo Makun, popularly known as AY, was recently invited by the Economic and Financial Crimes Commission on allegations of Naira abuse at a social event, an act classified as a violation of the Central Bank of Nigeria’s regulations on currency mutilation. Taking to Instagram yesterday to update his fans, AY thanked the EFCC for […]
Iyabo Ojo Was Unaware Money Spraying Is A Crime
Nigerian actress and filmmaker, Iyabo Ojo, has said she was unaware that spraying money, including foreign currencies, at events, was against the law. Ojo revealed this in a statement posted on her official Instagram page, to clarify the reason behind her recent visit to the Economic and Financial Crimes Commission (EFCC) on May 5. According […]
EFCC Admits SCUML Certificate Not Clearance To Operate In Nigeria
The Economic and Financial Crimes Commission (EFCC) has clarified that having a Special Control Unit against Money Laundering (SCUML) certificate does not necessarily imply clearance to lawfully operate in Nigeria or regulatory approval for online businesses. This statement comes amid the collapse of the CBEX cryptocurrency investment scheme, which was reportedly operating under the corporate […]
EFCC Arraign Jude Okoye On Charges Of Laundering
Economic and Financial Crimes Commission, EFCC, has arraigned Jude Okoye, the elder brother and former manager of P Square, on charges of laundering ₦1.38billion, $ 1 million and £34,537. Jude was arraigned alongside his company, Northside Music Ltd, before Justice Alexander Owoeye of the Federal High Court, Lagos, on a seven-count charge, which he pleaded […]
Ex-Gov Yahaya Bello Pleads Not Guilty to 16-Count Charge
The immediate past Governor of Kogi State, Alhaji Yahaya Bello has pleaded not guilty to a 16-count charge the Economic and Financial Crimes Commission, EFCC, preferred agains Bello was docked before trial Justice Maryann Anenih of a High Court of the Federal Capital Territory sitting at Maitama, alongside two other defendants, Umar Oricha and Abdulsalami […]
EFCC Declares Oil Mogul Bolaji Akinduro Wanted Over Alleged Fraud
The Economic and Financial Crimes Commission (EFCC) has declared an oil mogul, Bolaji Akinduro, wanted over alleged fraud. The commission’s Spokesman, Dele Oyewale, in a statement at the weekend, said the 51 year old Akinduro, an indigene of Ondo State, whose last known address was 272, Patience Coker Street, Ajose Adeogun, Victoria Island, Lagos State, allegedly obtained money under false pretence and committed stealing by conversion. The antigraft agency appealed to anybody with useful information as to his whereabouts to please contact the commission, through 08093322644; its e-mail info@efcc.gov.ng or the nearest Police Station and other security agencies.
EFFC provides clarification on the alleged probe list of 58 former governors
The Economic and Financial Crimes Commission (EFCC), says it has not released a list purportedly of 58 former governors under investigation over alleged corruption EFCC spokesman, Dele Oyewale, who made the clarification in a statement yesterday, said the commission feels obliged to dissociate itself from the false and mischievous report in circulation, insisting that it […]
EFCC files fresh charges against Emefiele
The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against former CBN Governor, Godwin Emefiele, at the Federal High Court in Abuja. Emefiele will be arraigned on a new four-count charge before Justice Maryann Anenih, and according to the charge sheets, Emefiele is accused of breaking the law with intent to harm the […]
EFCC arrests former Kogi Governor
The Federal High Court Sitting in Abuja has granted the Economic and Financial Crimes Commission (EFCC) permission to arrest the former governor of Kogi State, Yahaya Bello, preparatory to his arraignment today Thursday. Justice Emeka Nwite granted the warrant this afternoon at the instance of the EFCC. Officials of the anti-graft Commission had since 9am […]