Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission EFCC, have arrested Sylvanus Edet Akpan, Auditor of Ubotex Limited, Uyo and Akaninyene Enefiok Achibong, Cashier, for alleged criminal conspiracy, breach of trust, forgery and stealing by conversion to the tune of N275,000,000 (Two Hundred and Seventy Five Million Naira only). They were arrested separately on April 25, 2025 and May 12, 2025 in Uyo, Akwa Ibom State. Their arrest was based on the claims of a petitioner who alleged that the duo manipulated the accounts of Ubotex Limited and fraudulently stole N275m from the company. The…
Author: Kunle Edun
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Thursday, May 15, 2025, arraigned a Chinese, Li Kuang Kuang before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos He was arraigned on a one-count charge of alleged cybercrime. The defendant is one of the syndicate of 792 alleged cryptocurrency investment and romance fraud suspects arrested on December 19, 2024, in Lagos, during a sting operation tagged ‘Eagle Flush Operation’ conducted by EFCC operatives. The charge reads: “That you Li Kuang Kuang and Genting International Co. Limited sometimes in December 2024 at…
Justice Nkeonye Maha of the Oyo State Federal High Court, sitting in Ibadan has convicted and sentenced one Ayorinde Festus Morakinyo to jail for illegal trading of naira notes. The convict was arraigned by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on March 26, 2025 on a one-count charge that bordered on illegal trading of naira notes. The charge reads: “That you Ayorinde Festus Morakinyo sometimes in December. 2023 in Ibadan within the jurisdiction of this Honourable Court did sell the sum of N1,000,000.00 (One Million Naira) in N1000 (One Thousand Naira) and N500 (Five Hundred Naira)…
Officers of the Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Wednesday, May 14, 2025 arrested 31 suspected internet fraudsters at different locations in Port Harcourt, Rivers State. Their arrest followed credible intelligence that linked them to fraudulent internet activities. Items recovered from them include cars, smart phones, smart wristwatches and laptop computers. They will be charged to court upon conclusion of investigation. Media & Publicity May 15, 2025 Credit: EFCC Nigeria
Justice Dorcas .V. Agishi of the Federal High Court , Jos, Plateau State has convicted and sentenced four Chinese: Liang Quin Yong, Wang Huajie, Zhong Jiajing and Long Kechong to twenty years imprisonment for illegal mining of solid minerals in Plateau State. The defendants were arrested on March 8, 2025 at JLM Mining company site following credible intelligence on activities of some Chinese suspected to be involved in illegal mining activities in Jos, Plateau State. They were each prosecuted on a one-count seperate charge bordering on dealing in illegal solid minerals mining. The charge against Liang Quin Yong reads; “That…
The Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday May 12, 2025, secured the conviction and sentence of one internet fraudster Ogagarojo Godstime a.k.a Alex Gonzalex before Justice Ijeoma Ojukwu of the Federal High Court Calabar, Cross River State. Godstime was prosecuted on two count-charges bordering on criminal impersonation on the cyber space. One of the charge reads, ‘That you, Ogagarojo Godstime (aka Alex Gonzalex ) “M” sometime in 2024, in Nigeria, within the jurisdiction of this Honourable Court did fraudulently present yourself as Marc Labelle on the social media with intent to gain advantage for…
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Wednesday May 14, 2025 arrested 28 suspected internet fraudsters at different locations in Benin City. The suspects were arrested following credible intelligence that linked them to fraudulent internet activities. Items recovered from them include five exotic cars, smartphones and laptop computers. They will be charged to court as soon as investigations are concluded. Dele Oyewale Head, Media & Publicity May 15, 2025 Media & Publicity May 15, 2025 Credit: EFCC Nigeria
The Executive Chairman, Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has called on students of tertiary institutions across the country to embrace integrity, uphold the values of hard work and accountability and be standard bearers of ethical leadership in their schools, communities, and beyond. Olukoyede gave this charge on Wednesday, May 14, 2025 during the inauguration of Integrity Club at Al-Hikmah University, Ilorin, as part of Commission’s grassroots anti-corruption initiative aimed at instilling the values of integrity, accountability, and ethical leadership among Nigerian youths. The event, held at the university’s auditorium, featured a sensitisation session for students and staff on…
The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentence of one content creator on tiktok and Instagram, Muhammad Kabir before Justice R.M.Aikawa of the Federal High Court sitting in Kaduna for abusing and mutilating the Naira. Kabir was arrested on April 13th, 2025 at Tudun Wada, Kaduna State for making a video on his tiktok and Instagram @youngcee0066 page while spraying the Naira notes on the floor, matching on them and making utterances in Hausa language and daring the EFCC to come and arrest him in his known location. He was…
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Thursday, May 8, 2025, secured the conviction and sentence of the duo of Babatunde Peter Olaitan and Tobilola Olamide to six months imprisonment each for mutilation of the Naira notes. They were jailed by Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos. The convicts were arraigned on a separate one-count charge of tampering with the Naira notes and spraying, to which they each pleaded “guilty”. The charge against Olaitan reads: “That you, BABATUNDE PETER OLAITAN, on 8th April 2025, at 23, Macdonald…
In line with the prevention mandate of the Economic and Financial Crimes Commission, EFCC and its commitment to sensitize and enlighten Nigerians on the negative impact of Ponzi schemes on the economy, the Acting Zonal Director, EFCC, Enugu Zonal Directorate, Assistant Commander of the EFCC, ACE I Aisha Abubakar has charged Nigerians to shun Ponzi schemes, as they have destroyed lives, eroded trust and undermined national development. Abubakar gave this charge on Friday, May 9, 2025 during the 2025 Annual Management Retreat of the Nigeria Security and Civil Defence Corps which was held at Jubilee Hall, Holy-ghost Cathedral, Ogbete, Enugu…
Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on May 8, 2025, ordered the interim forfeiture of the sum of N31,000,000( Thirty One Million Naira only) and four properties linked to one Obiajulu Emeka Emmanuel. The properties are: a four-bedroom terrace duplex; a three-bedroom terrace duplex; four units of one-bedroom apartments and two units of two bedroom apartments situated in various locations across Lagos State. The judge gave the order, following a motion ex-parte filed by the Lagos Zonal Directorate 1 of Economic and Financial Crimes Commission, EFCC, through its lawyer, C. C.Okezie. Moving the application…
The Ninth Prosecution Witness, PW9, Gudi Daniel Johnson in the trial of a former Acting Accountant General of the Federation, Chukwunyere Anamekwe Nwabuoku has narrated before Justice James Omotosho of the Federal High Court, Maitama, Abuja how the defendant as former Director, Finance and Account in the Federal Ministry of Defence allegedly diverted the ministry’s funds using cash withdrawals and deposited the funds into multiple company accounts. The Economic and Financial Crimes Commission, EFCC, is prosecuting Nwabuoku on a nine-count amended charge, bordering on money laundering to the tune of N868, 465,000 (Eight Hundred and Sixty-eight Million, Four Hundred and Sixty-five Thousand Naira).…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has charged Nigerian youths to stay away from internet fraud and focus on education, innovation and entrepreneurship. He made the call at a sensitization event, organised by Coalition of Nigerian Youths on Security and Safety Affairs, CONYSSA in collaboration with the Federal Ministry of Youth Development with the theme: “Uniting Nigerian Youths in the Fight against, Cultism, Internet Fraud, Money Laundering, Drug Abuse, Child-Trafficking and Economic Sabotage, held at the Army Resource Centre, Abuja. “As we stand together, united and determined, we can create a brighter future for ourselves and our nation. Let us join forces to reject cultism, internet…
Justice Chukwujekwu Aneke of the Federal High Court, sitting in Ikoyi, Lagos, on Thursday, May 8, 2025, adjourned till June 11, 2025 “for a report on settlement and/or arraignment” of the Chairman of Honeywell Group, Oba Otudeko and others over an alleged N12.3bn fraud brought against them by the Lagos Directorate 1 of the Economic and Financial Crimes Commission , EFCC, Ikoyi, Lagos. Otudeko was to be arraigned alongside a former Managing Director of First Bank Plc, Olabisi Onasanya; a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Limited, on a 13-count charge bordering on obtaining by…
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on Thursday, May 8, 2025 arraigned one Ntai Bagshaw and his company, Terraworks Limited before Justice I. O. Ijelu of the Lagos State High Court, sitting in Ikeja, Lagos for fraud. They are being prosecuted on a two-count charge, bordering on obtaining money under false pretence and stealing. Count one reads: “That you Ntai Bagshow and Terraworks Limited sometime in December 2021 at Lagos within the Ikeja Judicial Division with intent to defraud obtained from Muyiwa Makinde the sum of N70,000,000.00 (Seventy Million Naira) under the false pretense that the money is…
The Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentence of 32 internet fraudsters before seven judges High Court judges in Ibadan, Oyo State and one High Court judge in Osogbo, Osun State. The convicts are: Udoka Uzo Omefe, Adedara Ademola Ayobami, Ajayi Elijah Oladimeji, Eze James Jeffery, Olaleye Tope Akorede, Akinyemi Emmanuel Olawale, Ogbu Martins Abuchi, Oluwadare Daniel Ayomide, Adaja Oluwadamilola Oladipupo, Oyedele Diekolope Isreal, Aro Adewale Temitayo, Aluko Daniel Opeyemi, Gbadegesin Jamiu Seun, Emmanuel Oladiran Adewale, Ozor Chidozie Patrick, Adebowale Sam Adabariki and Olamilekan Akeem Adewale. Others are: Godstime Favour Ubierowoh, Lawal Azeez Ishola,…
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, Ikoyi, Lagos, on Thursday, May, 8, 2025, arraigned Olalekan Adewoye, Managing Director and Chief Executive Officer, CEO, of Sunsteel Industries Limited, before Justice Mojisola Dada of the Lagos State High Court, sitting in Ikeja, Lagos for alleged fraud. Adewoye was arraigned alongside his companies, Sunlek Investments Limited and Sunsteel Industries Limited, on a two-count charge, bordering on stealing and obtaining property by false pretence to the tune of $680,622.65 (Six Hundred and Eighty Thousand, Six Hundred and Twenty- two Dollars Sixty-five Cents). One of the charges reads: “That you, Olalekan Adewoye, Sunlek…
The Kwara State government has sought to partner the Economic and Financial Crimes Commission, EFCC in recognition of the Commission’s efforts at taming the scourge of internet fraud and other financial crimes in the state. The proposal was made on Wednesday, May 7, 2025 when the state’s Commissioner for Social Development, Hajia Mariam Nnafatima Imam, paid a working visit to the Director, Ilorin Zonal Directorate of the EFCC, Mr. Daniel Isei. Speaking at the event which focused on building partnership frameworks towards addressing the tide of internet fraud and other financial crimes in the state, Imam lauded the EFCC for its efforts at ridding the public and private sector in the state of corruption, economic and financial…
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC have arrested 51 suspected internet fraudsters, while those of Ilorin Zonal Directorate have arrested 47. The Enugu suspects, made up of three females and 48 males were arrested in Premier Layout area of the state capital. Items recovered from them include 18 luxury cars, laptop computers and high grade mobile phones. The Ilorin 47 were picked up along Awolowo Road, Tanke, and Harmony Estate areas of the city as well as in Ganmo and Amoyo in the Ifelodun Local Government Area of the state. Items recovered from them include 10 luxury cars, 74 high grade mobile phones, 18 laptop computers, and a motorcycle. Both arrests followed credible…