Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has called on law enforcement agencies across the world to forge stronger alliances and collaboration among themselves to combat the monster of cross border economic crimes. He gave the charge on Tuesday, September 2, 2025 at Jesus College, Cambridge, United Kingdom while leading discussions on “Problems Facing Enforcement and Judicial Agencies in Dealing With Cross Border Economic Crimes” at the 3rd Session on Cross-Border Organized Crime and Terror. The EFCC’s boss, who spoke through EFCC’s Director of Legal and Prosecution, Sylvanus Tahir, SAN and addressed more than 1000…
Author: Kunle Edun
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested Ahamba Tochukwu, Chief Executive Officer, CEO, Gavice Logistics Limited for allegedly defrauding several investors in his logistics investment schemes to the tune of N2,000,000,000( Two billion Naira only). Tochukwu, through Gavice Logistics Limited, rolled out elaborate investment plans spanning haulage, courier and e-commerce services and dangled fifty percent Returns on Investment, ROI, to his investors. Investigations showed that he raked in more than N2billion from 400 investors who could no longer access their capital and ROI owing to the fact that Tochukwu, since November 2024, disappeared into thin air…
Justice M. Itsueli of Edo State High Court, sitting in Benin City on Tuesday, September 2, 2025 convicted and sentenced eight internet fraudsters to jail. The convicts are: Friday Osamudiamenwen, Monday Moses, Wisdom Idahosa, Osazuwa Oghomwen, Christopher Victor, Odion Desmond Osas, Monday Louis Adagboyin and Bright Ogbiede.They were prosecuted by the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on separate one-count charges, bordering on advance fee fraud, obtaining by false pretence, retention of proceeds of crime and possession of fraudulent documents. The charge against Osas reads: “That you Odion Desmond Osas (m) on or about the 15th of August, 2025 within the jurisdiction of this Honourable Court…
The Director General, DG, of the Nigerian Civil Aviation Authority, NCAA, Captain Chris Najomo has called on the Economic and Financial Crimes Commission, EFCC, to strengthen its operations by assisting it in tackling economic and financial crimes and other acts of corruption peculiar to the aviation industry. He made this appeal in Abuja on Tuesday, September 2, 2025, when he led a delegation of his management team on a courtesy visit to the Executive Chairman of EFCC, Mr. Ola Olukoyede at the corporate headquarters of the Commission. Najomo noted that fraudulent activities in the aviation industry posed grave risks to NCAA’s safety oversight and operational transparency,…
The Chief Judge of Kano State, Justice Dije Abdu Aboki, has commended the Economic and Financial Crimes Commission, EFCC, for its strict compliance with the provisions of the law, particularly the Administration of Criminal Justice Act , ACJA, 2015, in its investigative processes. She gave the commendation on Thursday, August 28, 2025 when she received the newly appointed Acting Zonal Director of the EFCC, Kano Zonal Directorate, Deputy Commander of EFCC, DCE Sa’ad Hanafi Sa’ad, who paid her a courtesy visit in her office in Kano. The judge specifically highlighted the Commission’s diligence in adhering to the ACJA provisions regarding…
Two brothers, Teddy Ovbokhan Hart and Rooney Odion Hart and 10 others were on Thursday, August 28, 2025 convicted and sentenced to jail by Justice M. Itsueli of Edo State High Court, sitting in Benin City for fraud. The 10 other convicts are: Thompson Ogbeide, Iria Saturday Blessed, Igbinomwania Lucky Godspower, Ojiezele Felix, Akhigbe Gideon, Osazuwa Oghomwen, Agbonifo Iziegbe, Lucky Osagie, Osemwegie Efosa Michael and Victor Ojeisemi.They were prosecuted by the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on separate one-count charge, bordering on advance fee fraud, obtaining by false pretence, retention of proceeds of crime and possession of fraudulent documents. The charge against Teddy Hart reads: “That…
The Economic and Financial Crimes Commission (EFCC) is inviting victims who invested their funds through individuals linked to the CBEX offices in Ibadan and Idimu, Lagos, to report to its Ibadan Zonal Directorate and Lagos Zonal Directorate 2. Ibadan Zonal Directorate Address: 16A, Reverend Oyebode Crescent, Iyaganku, Ibadan, Oyo State. Lagos Zonal Directorate 2 Address: 71, Okotie-Eboh Street, Ikoyi, Lagos. Media & Publicity August 22, 2025 Credit: EFCC Nigeria
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Friday, August 22, 2025, secured the conviction and sentence of five more internet fraudsters before Justice D.I.Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. The convicts are: Jinadu Rasaq Gbemisola, Salako Peter Kunle, Adeshina Kehinde Ibrahim, Olawale Quam Alao and Oladele Opeyemi. They are among the 93 suspected fraudsters arrested during a sting operation on Sunday, August 10, 2025 at a hotel within the precincts of Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, Ogun State. They were arraigned on Friday on one-count separate charges bordering on…
The Council of Mogajis of the Ibadan Compounds Peace Initiatives, ICPI, Oyo State has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede for his relentless efforts at tackling the scourge of cybercrime among youths in the Southwest region and the country as a whole. The commendation was given on Thursday, August 21, 2025, by the president of the Mogajis of Ibadan, Mogaji Asimiyu Adepoju Ariori, when he led a six-man delegation of the Council to pay a courtesy visit to the Acting Director of the Ibadan Zonal Directorate of the EFCC, ACE I Hauwa Garba Ringim. “The Executive Chairman of the Commission has left no stone unturned…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has charged legislators on accountability and good governance. He gave this charge in Abuja on Thursday, August 21, 2025 while speaking at the Policy Dialogue and Public Unveiling of the 10th National Assembly’s Deliberative Barometer and Policy Focus Productivity Report themed “ Legislative Governance Accountability and Productivity Index” organized by the Erudite Growth and Advancement Foundation, ERGAF-Africa in collaboration with the Civil society Legislative Advocacy Center, CISLAC. Olukoyede who spoke through the Director of Public Affairs, Commander of the EFCC, CE Wilson Uwujaren charged organizers to take into…
Justice M. Itsueli of Edo State High Court, sitting in Benin City, on Thursday, August 21, 2025 convicted and jailed the trio of Efosa Richard, Victor Nwachukwu and Ekaye Emaike for internet fraud. They were prosecuted by the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on separate one-count charges, bordering on advance fee fraud, obtaining by false pretence, retention of proceeds of crime and possession of fraudulent documents. The charge against Richard reads: “That you Efosa Richard (m) on or about the 1st of August, 2025 within the jurisdiction of this Honourable Court did have in your iPhone 16, with IMEI Number 35776226117235, documents which you knew or ought to have…
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Thursday, August 21, 2025, secured the conviction and sentence of the duo of Asimiyu Oluwaponmile Olatunji and Hassan Makinde for internet fraud before Justice D.I.Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. They are among the 93 suspected fraudsters arrested during a sting operation on Sunday, August 10, 2025 at a hotel within the precincts of Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, Ogun State. The suspects were arraigned on Thursday on one-count separate charges bordering on impersonation, identity and internet fraud.One of the charges…
“ If I am not condemned for investigating both former and serving strong ruling party Governors and Ministers, I should not be condemned for also investigating opposition figures – EFCC Executive Chairman, Ola Olukoyede The African Democratic Congress, ADC’s unprovoked attack on the Economic and Financial Crimes Commission, EFCC, concerning its handling of cases involving politically exposed persons from every divide, came as a rude shock and unwarranted blame game. Every objective and discerning watcher of events in the national political scene, would admit that the Commission has been circumspect and dispassionate in the exercise of its mandate. The…
Justices H.H. Kereng and Abdulhamid Yakubu of the Gombe State High Court 2 and 3 sitting in Gombe, Gombe State on August 5, 2025 convicted and sentenced Maigari Abba, Joseph Samuel Bulus, Kasheaure Joseph, Emmanuel Dilibe, Livite Ibrahim and Awolowo Martins to various jail terms for fraud. The convicts were separately arraigned on one -count charge bordering on breach of trust, cheating and impersonation by the Gombe Zonal Directorate of the Economic and Financial Crimes Commission, EFCC. The charge against Joseph Samuel Bulus reads: “That you, Joseph Samuel Bulus, sometimes between 2024 and 2025, at Gombe, Gombe state, within the jurisdiction of…
The Kano Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, August 5, 2025 arraigned five officials of the Katsina State Board of Internal Revenue and one bank staff before Justice Musa Danladi of the Katsina State High Court sitting in Katsina, Katsina State. They were arraigned on seven-count charges bordering on conspiracy and diversion of public funds totaling N1, 235, 330,000 (One Billion, Two Hundred and Thirty Five Million, Three Hundred and Thirty Thousand, Naira) accruing to the state from the World Health Organization, Medicins Sans Frontiers, Alliance for International Medical Action, ALIMA. The defendants are, Nura Lawal, Sanusi Mohammed Yaro, Ibrahim…
A three-man panel of the Court of Appeal, Lagos Division, on Wednesday, August 6, 2025, restored the preservation order on 14 properties and the sum of N400m linked to Yahaya Bello, a former governor of Kogi State. Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos had, on February 22, 2023, in a suit filed by the Lagos Zonal Directorate of the Economic and Financial Crimes Commission, ordered the preservation of the properties, including “Hotel Apartment Community, Burj Khalifa lying, being and situate at, Plot 160 Municipality NO 345-7562, Sky View Building No 1, Property No 401,…
Against the furore generated by an unsubstantiated report by an online portal, People’s Gazette alleging that the Executive Chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede “abducted the head of Nigerian National Petroleum Corporation Ltd… and forcing him to resign at a secret rendezvous in Abuja”, the EFCC’s boss has demanded a retraction of the story and public apology within 48 hours. People’s Gazette, had, on Saturday, August 2, 2025 carried a sensational and poorly-sourced story that Olukoyede and Adeola Ajayi, Director General of the Department of State Security, DSS, pressured Bayo Ojulari, GCEO of NNPCL to sign…
In response to a distress call by residents of Majesty Estate, Nigerian Television Authority, NTA Road, Port Harcourt, Rivers State, concerning the nefarious activities of internet fraudsters in their neighbourhood, operatives of the Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, August 1, 2025 carried out a sting operation that yielded 37 suspected fraudsters. In the course of the operation, the apartment of one of the residents that the Commission’s intelligence flagged was visited. For some inexplicable reasons, the residents refused to open their doors even when operatives of the Commission properly introduced themselves…
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Thursday , July 31, 2025, arraigned one Iwunze Ikechukwu Favour on a one-count charge bordering on stealing to the tune of N208,384,000.00 ( Two Hundred and Eight Million, Three Hundred and Eighty Four Thousand Naira only) before Justice Mojisola Dada of the Lagos State High Court sitting in Ikeja , Lagos. The counts reads: “That you, Iwunze Ikechukwu Favour, sometime between January and December 2024, in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, stole and converted to your own use the sum of N208,384,000.00 (Two Hundred…
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Thursday, July 31, 2025, arraigned one Olabode Rasheed Wale on a two-count charge bordering on stealing before Justice Mojisola Dada of Lagos State High Court sitting in Ikeja, Lagos. He was arrested, following an intelligence report received by the Commission linking him to the fraudulent activities of an Organized Cyber Crimes Syndicate Network, OCSN. Count one reads: “That you, Olabode Rasheed Wale, sometime within August 2024 and March 2025, in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, stole and converted to your own…