Tag: EFCC

EFCC Summons Okoya’s Sons Over ‘Abuse Of Naira’

Ganiyu Amodu

The Economic and Financial Crimes Commission (EFCC) has once again demonstrated its unwavering commitment to upholding the law and ensuring that no individual, regardless of their social status or affluence, is deemed untouchable. In a bold move, the EFCC has invited Subomi and Wahab, the sons of billionaire industrialist Razaq Okoya, for interrogation in connection with alleged abuse of the naira. The invitation follows a viral video that surfaced, showcasing the Okoya brothers spraying naira notes while a police officer held stacks of the currency, in clear contravention of Section…

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Court Rejects Emefiele’s Jurisdiction Challenge In $4.5bn, N2.8bn Fraud Case

Ganiyu Amodu

An Ikeja Special Offences Court has dismissed the plea application filed by the former Governor of the Central Bank of Nigeria, Godwin Emefiele, challenging its jurisdiction to hear the $4.5 billion and N2.8 billion fraud case brought by the Economic and Financial Crimes Commission. Delivering the ruling on Wednesday, Justice Rahman Oshodi held that the court had jurisdiction over counts eight to 26, citing relevant legal authorities and evidence presented in the case file. However, the court struck out counts one to four, which centred on abuse of office through…

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EFCC Sacks 27 Officers For Fraudulent Activities, Misconduct

Ganiyu Amodu

The Economic and Financial Crimes Commission (EFCC) has dismissed 27 officers from its workforce. The action was taken to enforce integrity and rid the anti-graft agency of fraudulent elements. The officers were dismissed in 2024 for various offences bordering on fraudulent activities and misconduct. EFCC spokesman, Dele Oyewale, in a statement made available on Monday, January 6, 2025, stated that the officers’ dismissal, following the recommendation of the Staff Disciplinary Committee of the EFCC, was ratified by the Executive Chairman, Mr. Ola Olukoyede. Olukoyede reiterated the commitment of the Commission…

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Viral List Of ex-Govs Under Investigation Over Alleged Corruption False, Misleading – EFCC

ADEOLA YUSUF

The Economic and Financial Crimes Commission, EFCC has refuted a purported list of former governors under investigation for alleged corruption, which has now gone viral. There were reports in the media that 58 former governors were under the investigation of the anti-graft agency over alleged corruption. The former governors, according to reports, were accused of misappropriating N2.187 trillion over 25 years. The 58 former governors were being probed, while others have been investigated, and prosecuted. Reacting to the development, the EFCC spokesman, Dele Oyewale, in a statement on Sunday, described…

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Naira Abuse: EFCC, Cubana Chief Priest Opt For Out-of-Court Settlement

Ganiyu Amodu

Pascal Okechukwu, popularly known as Cubana Chief Priest, has opted for out of court settlement in the case of alleged Naira abuse against him. The case of money abuse was filed against the Cubana Chief Priest by the Economic and Financial Crimes Commission. At the resumed hearing of the case on Thursday, the legal team of the popular bar man told the court that there was a move to settle the issue out of court. READ ALSO Real Reason I Left Nigeria To Do Menial Jobs In UK – Sola…

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EFCC Arrests Ex-Aviation Minister Sirika’s Brother Over N8bn Aviation Contract

ADEOLA YUSUF

The Economic and Financial Crimes Commission (EFCC) has arrested Abubakar Ahmad Sirika, a younger brother of the immediate-past minister of Aviation, Hadi Abubakar Sirika. He was reportedly arrested by the anti-graft agency on Sunday, February 4, 2024, over ongoing investigation of the Aviation Ministry. He was alleged to have been arrested over N8billion aviation ministry probe under Sirika, when he was awarded contracts even though he is a civil servant, a deputy director on Level 16. Sirika is being accused of conspiracy, abuse of office, diversion of public funds, contract…

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Over 130 CSOs, Lawyers Resume ‘Bawa Must Go Campaign’

ADEOLA YUSUF

No fewer than 130 frontline anti-corruption Civil Society Organisations, CSOs have resumed their campaign for the sack of the Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, over alleged politicisation of the commission, disobedience of Court orders and infringement on human rights of Nigerians, among others. Joined by 20 Constitutional lawyers led by Mogbojuri Kayode of the Citizens Rights Advocacy Group, CRAG, the CSOs claimed the desperation of the EFCC chairman to remain in office had taken a laughable turn, insisting that no amount of “purchased CSOs’…

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N10m or Jail Terms: INEC, EFCC Bicker On Electoral Offences Commission Bill

Abibat Babalola

Why our position on the bill is the best, INEC’s Professor Yakubu. No, the EFCC’s view should be considered, Abdulrasheed Bawa. On the bill, here are what to know about the chairmen and their mien   Chairmen of Independent National Electoral Commission (INEC) and his Economic and Financial Crimes Commission (EFCC) have expressed divergent views on a bill seeking to establish the electoral offences commission. While INEC emphasized the need for the establishment of the proposed commission, the EFCC kicked against it. READ ALSO: Atiku Camp Unsettled As Tinubu, Wike,…

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Nigeria’s Accountant General Arrested for N80bn Fraud

ADEOLA YUSUF

EFCC gives update on the gimmicks Mr. Ahmed Idris used to allegedly launder whooping N80bn, how his bubble burst and how the Nigeria’s number one Accountant was fished out for arrest   The Accountant General of the Federation, Mr. Ahmed Idris, has been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC). Platforms Africa reports that Idris was arrested on Monday in connection with the diversion of funds and money laundering activities to the tune of N80 billion. READ ALSO: How ICPC Recovered 301 Houses From Two Civil…

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Assets Declaration Compulsory For Tinubu, Others – INEC

Gbenga Adeoti

The Independent National Electoral Commission (INEC) has said that to vie for any elective offices, politicians and other office seekers would be mandated to declare their assets, particularly their bank account statements before and during the 2023 elections. Platforms Africa reports that the National leader of the All Progressives Congress (APC), Bola Tinubu, is one of those who have publicly declared intention to vie for elective positions in the forthcoming election. The commission explained that plans have been concluded to beam its searchlight by engaging relevant stakeholders to track politicians…

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