The affected CEOs are ●Dr. Ebenezer Onyeagwu (Zenith Bank) ●Haruna Musa (Jaiz Bank), and ●Walter Akpani (Providus Bank). Sources close to The Guardian who confirmed the development on condition of anonymity said the arrests was made on Tuesday. According to the source, the banking executives, long suspected of facilitating the …
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EXECUTIVE Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has assured that there will be no hiding place for the corrupt in Nigeria, given the political will of President Bola Tinubu to frontally tackle economic and financial crimes and other acts of corruption. He gave the …
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THE Economic and Financial Crimes Commission, EFCC, has expressed dissatisfaction with a judgment of the Federal Capital Territory, FCT, High Court awarding N100 million damages against it in favour of a former governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. Justice O.A Adeniyi, on Monday, January 8, 2024 fined …
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IN line with his avowed commitment to uphold the highest standards of integrity, transparency, and accountability in the management of the commonwealth of Nigerians, President Bola Tinubu suspends the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect. The President further directs the Executive …
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THE Economic and Financial Crimes Commission (EFCC), has shed more light on its decision to visit the headquarters of the Dangote Group in Lagos. It would be recalled that last week Thursday, operatives of the EFCC stormed the Lagos Head Office of the Dangote Group. The visit is understood to be related …
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….Asks Edu to stop insulting Nigerians HUMAN Rights lawyer, Femi Falana, SAN, has urged the Economic and Financial Crimes Commission, EFCC, to charge the Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betty Edu and other indicted persons in the alleged diversion of N585.18 million to a private account to …
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THE Chairman of the Dangote Group, Aliko Dangote, on Saturday clarified the recent visit of officials of the Economic and Financial Crimes Commission, EFCC, to its Head Office in Lagos State. Recall that officials of the EFCC visited the Dangote Group headquarters in Lagos on Thursday, to investigate forex allocations to the …
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THE Economic and Financial Crimes Commission (EFCC) has significantly expanded its investigation into alleged fraudulent foreign exchange allocations during the tenure of the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Sources report that over 85 entities, including corporate organizations and individuals, have been implicated in this deepening …
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THE Economic and Financial Crimes Commission, EFCC, has tracked and frozen N30 billion of the N44 billion moved from the accounts of the National Social Investment Programme Agency, NSIPA. The development comes barely 24 hours after Halima Shehu, the embattled National Coordinator of NSIPA, was detained and arrested by EFCC after her …
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THE Economic and Financial Crimes Commission (EFCC) says former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq, did not shun its invitation as reported by a section of the media. The EFCC Spokesperson, Dele Oyewale said this in a chat with the News Agency of Nigeria (NAN) …
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