Tag: EFCC

EFCC recovers over N1bn Cash from One Civil Servant

ADEOLA YUSUF

  The Chairman of the Nigeria’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has disclosed that the agency last week recovered over N1 billion cash sitting in one bank account from a civil servant. The EFCC boss made this while appearing before the Senate Committee on Finance investigating the Internally Generated Revenue and payment of 1 % stamp duty by contractors on all contracts awarded by MDAs between 2014- 2020. He said, “There are a lot of leakages we need to block, it is not about generating…

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Confusion in EFCC as Bola Tinubu assets’ file disappears from CCB vault

ADEOLA YUSUF

The case file of top Nigerian politician and a former governor of Lagos State, Asiwaju  Bola Tinubu, has reportedly disappeared from the storage facility of  the Code of Conduct Bureau that has held it for years. This has simultaneously caused confusion at the Economic and Finacial Crimes Commission (EFCC), which had begun a fresh probe into the allegation of graft against Tinubu. Three officials familiar with the matter said that the bureau started looking for Tinubu’s asset filings after the EFCC requested copies as part of an ongoing investigation into…

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EFCC offers $9.7m, £74, 000 seized from NNPC ex-GMD for Court inspection

ADEOLA YUSUF

  The Nigeria’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), has urged the Federal High Court, Abuja, to visit the Kano branch of the Central Bank of Nigeria (CBN) to inspect the hard currency ( $9.7 million and £74, 000) seized from the former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu. Counsel to the EFCC, Mohammed Abubakar, while moving a motion filed on Nov. 17, 2020, before Justice Ahmed Mohammed, also urged the court to conduct proceedings in the premises of the bank…

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