Mr Friday Ebelo, the Zonal Head of the Economic and Financial Crimes Commission (EFCC), Ibadan Zone on Monday said the commission secured 83 convictions out 107 cases filed in courts in six months. Ebelo told newsmen on Monday in Ibadan that the zone received 481 petitions out of which 117 …
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EFCC arrests Dubai-bound Chinese man with N305,000 in N5 denomination
Operatives of the Economic and Financial Crimes Commission, North West Zonal office, Kano, have arrested a Chinese man with N305,000 in N5 denomination. He was arrested at the Mallam Aminu Kano International Airport, en-route Dubai. Addressing newsmen at the anti-graft North West zonal headquarters on Wednesday, the Zonal Head of …
Read More »Two ICPC Board Members Appointed By Osinbajo Under Investigation For corruption
Two of the 14 members announced to the board of the Independent Corrupt Practices and other offenses Commission (ICPC) are being investigated by the anti-corruption agency for alleged corruption in the region of N1billion, the ICIR can authoritatively report. The two proposed members of the board, headed by Bolaji Owasanoye, a …
Read More »How Obasanjo, Yar’Adua, Jonathan govts allegedly squandered N11 trillion electricity fund – SERAP
A new report by the Socio-Economic Rights and Accountability Project, SERAP, has revealed how over N11 trillion meant to provide regular electricity supply was allegedly squandered under the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan. According to the report, “The total estimated financial loss to Nigeria …
Read More »PHOTONEWS: Diezani’s Top Properties In Lagos
N47.2 Billion and $487.5 Million in cash and properties have so far been traced to the former Minister of Petroleum Resources in the Ex-President Goodluck Jonathan’s administration, Mrs. Diezani Alison-Madueke. This followed painstaking investigations by operatives of Nigeria’s Economic and Financial Crimes Commission, EFCC These are some of the top properties purchased from …
Read More »Why we rejected Magu as EFCC Chairman ,says Saraki
The President of the Senate, Bukola Saraki, said contrary to insinuations, the Senate had no pre-meditated plan to reject Ibrahim Magu as chairman of the Economic and Financial Crimes Commission, EFCC. Mr. Saraki said, while featuring on the News Agency of Nigeria (NAN) Forum in Abuja, that the screening of …
Read More »Bill to strip EFCC of control over NFIU passes second reading in Senate
The bill to establish the Nigerian Financial Intelligence Agency has scaled second reading in the Senate. The bill seeks to strip the Economic Financial Crimes Commission of control over the existing Nigerian Financial Intelligence Unit, NFIU. The NFIU is currently under the anti-graft agency. The bill to remove that …
Read More »Court freezes ex-COAS Minimah’s accounts over alleged N13.6bn diversion
Former Chief of Army Staff, (retd.)The Economic and Financial Crimes Commission has accused a former Chief of Army Staff, Lt.-Gen. Kenneth Minimah (retd.), and a company, Stoke Synergy Nigeria Limited, of diverting about N13.6bn belonging to the Nigeria Army. The total sum of N13,650,795,245 was allegedly diverted by the two …
Read More »Anti Corruption War: Nigerians urged to support NASS
Nigerians have been urged to support the anti corruption crusade of President Muhammad Buhari and as being championed by the National Assembly. In a release signed by the Special Adviser on ‘Media and Illicit Financial Flows’ to the Chairman House Committee on Financial Crimes, Rev. Bunmi Olupona,Nigerians are told to …
Read More »Drama in Court as OAU workers,students force judge to recant order
There was a mild drama at the Federal high court in Ede yesterday as workers and students of the Obafemi Awolowo University (OAU) force the judge,Oladimeji David to reverse his earlier order that OAU’s ex acting vice chancellor,Prof. Anthony Elujoba should be kept in Ilesha prison. This reversal came after …
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