EFCC:Alleged 1bn fraud by Oyo State Assembly The Economic and Financial Crimes Commission (EFCC) has commenced grilling of some top officials of the Oyo State House of Assembly over a N1 billion contract. The Nation gathered that the Deputy Clerk of the Assembly and the Director of Admin and Supplies (DAS) were arrested on Thursday … [Read more…]
THE Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has described the real estate sector as one with grand scale corruption in the country. The EFCC boss added that about 90 to 100 percent of resources are being laundered through the sector. Bawa stated this while featuring on Sunrise Daily, a … [Read more…]
One Lukman Adeshina has been arrested by the Economic and Financial Crimes Commission for allegedly defrauding a Bureau De Change operator of $10,000. It was gathered that Adeshina was arrested on April 14, 2021, in the Ipaja-Ayobo area of Lagos State after one Isa Mohammed approached the anti-graft agency to make a complaint against … [Read more…]
It was a special Easter gift for the founder of DAAR Communications Plc, Chief Raymond Dokpesi as the Abuja division of the Court of Appeal on Thursday, quashed the N2.1B money laundering charges filed against him by the Economic and Financial Crimes Commission (EFCC). The appellate court upheld the no-case submission made by Dokpesi … [Read more…]
Bankers have come under the searchlight of Economic and Financial Crimes Commission (EFCC) in the anti-graft agency’s new focus on infractions. More attention will also be devoted to cyber crime “which has become a big problem to this country”, EFCC Chairman AbdulRasheed Bawa said. Bawa spoke yesterday at the State House after … [Read more…]
The Economic and Financial Crimes Commission on Thursday, arraigned a former Coordinating Director of Federal Inland Revenue Service, Peter Hena and eight other officers of the agency before Justice Ijeoma Ojukwu of the Federal High Court sitting in Abuja. The others are the Director of Finance,Mohammed Auta; Amina Sidi (Finance and Account department); Umar … [Read more…]
The Economic and Financial Crimes Commission has described as false a report (Not by The PUNCH) that its Chairman, Abdulrasheed Bawa, advised the Independent National Electoral Commission against selling forms to persons with a file with the agency who are aspiring to contest in 2023 general elections. The EFCC said Bawa has neither … [Read more…]
Ngozika Ihuoma, a defence witness called to testify by the chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina, conceded on Friday that his claims of alleged mismanagement of recovered assets by the Economic and Financial Crimes Commission (EFCC) were not backed with any documentary evidence. Mr Ihuoma, the first defence witness … [Read more…]
Justice Oluwatoyin Taiwo of the Lagos State Special Offences Court in Ikeja has sentenced a travel agent, Babawale Ponle, to two years’ imprisonment for misappropriating N10m worth of airline tickets. Ponle, who is the Managing Director of Travel Doctor Limited, was arraigned by the Economic and Financial Crimes Commission on four counts bordering … [Read more…]
A former governor of Abia State and Senate Chief Whip, Orji Uzor Kalu on Tuesday asked a Federal High Court in Abuja to stop the Economic and Financial Crimes Commission from prosecuting him on the same offence of allegedly laundering N7.1 billion. According to him, having been tried once by EFCC, convicted … [Read more…]
The Lagos Zonal Office of the Economic and Financial Crimes Commission has arrested 16 suspects in the Lekki area of the state for alleged Internet fraud. Some of the suspects are Habeeb Adebayo, Marcus Wisdom, Caleb Ezekiel, Akinduro Henry, Osarobo Osasere, and Oyelami Olatunji. Others are Pelumi Glory, Ehibor Joseph, Emmanuel Timileyin, Jefta … [Read more…]