A Federal High Court in Lagos has fixed June 5 for report of settlement in a case against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, over alleged abuse of the naira. The Economic and Financial Crimes Commission (EFCC) had on April 17 arraigned Okechukwu on three counts …
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THE Economic and Financial Crimes Commission (EFCC) on Friday, April 26, 2024 re-arraigned a former Assistant Comptroller General of Nigeria Customs Service, Bridget Okafor before Justice Venchak S. Gaba of the Federal Capital Territory High Court in Abuja. Okafor alongside her company Bridkass Investment Integrated Limited is facing trial on …
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THE Economic and Financial Crimes Commission (EFCC) has released the names of at least 1,146 bank accounts to be frozen over unauthorised foreign exchange transactions. In a court motion filed before a Federal High Court in Abuja, the commission said it is investigating the owners of the accounts for “money laundering …
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THE Economic and Financial Crimes Commission (EFCC) has apprehended 34 individuals suspected of engaging in foreign exchange fraud through illicit dollar transactions in Abuja. The arrests, part of a broader crackdown on currency mutilation and economic dollarisation, were carried out in a coordinated sting operation in the Wuse Zone 4 …
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THE Economic and Financial Crimes Commission (EFCC) is planning to invite all the sacked Heads of agencies of the Ministry of Aviation over the failed Nigeria Air project. Newsextra24 understands that the sacked officials are being invited in connection with an ongoing investigation of a former Minister of Aviation, Hadi Sirika, relating to …
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Following the allegations levelled against former Kogi State Governor Alhaji Yahaya Bello over alleged N80.2billion fraud, the State House of Assembly has called on the Economic and Financial Crime Commission, EFCC, to obey the rule of law and work within the ambit of law. This was part of the resolutions …
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AGAINST the backdrop of arguments and counter-arguments on whether the Economic and Financial Crimes Commission, EFCC, has disobeyed a court order concerning the botched arrest of former governor of Kogi State, Mr. Yahaya Adoza Bello, the Commission has denied disobeying any court order in this regard. In a Press Statement …
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THE Economic and Financial Crimes Commission (EFCC) on Monday arraigned a businessman, Ifeanyi Bosah-Reginald, before an Ikeja Special Offences Court for allegedly tampering with forfeited property. The News Agency of Nigeria (NAN) reports that Bosah-Reginald was arraigned on a count charge alongside Magnificat Homes & Leisure Ltd. and fifth Neighborhood …
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A Nigerian couple has been captured in a video customising the N200 naira notes with their photo and names. Newsextra24 reports that the viral online video showed N200 notes featuring the couple’s personalized photos and names. The notes, labelled as the ‘Wedding Republic of Nigeria’ rather than the official ‘Central Bank …
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THE Court of Appeal in Abuja, will today, hear the appeal filed by the Economic and Financial Crimes Commission (EFCC) challenging a Kogi State High Court decision that temporarily halted the arrest of former Kogi State Governor, Yahaya Bello. The high court had on February 9, 2024, issued an order preventing …
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