Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Wednesday, May 21, 2025, issued a warrant for the arrest of one Ayodele Toyosi, promoter of Reaprite Global Limited and Agrorite Limited, for failing to appear in court for his trial. Toyosi, alongside his two companies, is standing trial on an 11-count charge bordering on obtaining by false pretence and stealing to the tune of N600,000,000 ( Six Hundred Million Naira) and $50,000( Fifty Thousand United States of America Dollars). Investigation revealed that the defendant allegedly defrauded a number of persons on the pretence that he had…
Author: Kunle Edun
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday May 20, 2025 arrested 35 suspected internet fraudsters at different locations within Benin City. The suspects were arrested based on credible intelligence on their alleged involvement in internet- related fraud. Items recovered from them include nine exotic cars, smartphones and laptopsThe suspects will be charged to court as soon as investigations are concluded. Media & Publicity May 21, 2025 Credit: EFCC Nigeria
Justices Mohammed Maina of the Borno State High Court, sitting in Maiduguri, has convicted and sentenced one Alhaji Bashir Tanko to twenty one years imprisonment. Tanko was re-arraigned on November 18, 2024 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a one count amended charge bordering on criminal misappropriation to the tune of N33.5m (Thirty Three Million and Five Hundred Thousand Naira). The charge reads: “That you, Bashir Tanko Tahir whilst being the Chief Executive Officer and Alter Ego of SAHEL BUILDING AND ENGINEERING COMPANY LIMITED, a company registered in Nigeria and Sahel Building and Engineering…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has charged students across the country to prioritize developing good online habits, avoid cybercrime, focus on their education and their overall development as informed, responsible and successful individuals. He gave this charge on Monday, May 19, 2025 and Tuesday, May 20, 2025 during sensitization lectures at Providence High School and Evergreen College, both at Independence Layout, Enugu, as part of the Commission’s mandate to sensitize and enlighten students on the ills of corruption, economic and financial crimes in the society. Speaking on the topic, “Cybercrime Prevalence…
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has commended the Economic and Financial Crimes Commission, EFCC, for its remarkable efforts in asset recovery across the country, especially the landmark recovery and handover of 753 unit of houses at the Lokogoma axis of Abuja. He gave the commendation on Wednesday, May 21, 2025, during a physical inspection of the property located on Plot 109, Cadastral Zone C09, Lokogoma District, measuring 150,500 square meters with 753 housing units, including duplexes and other apartments. The recovery came following a final forfeiture order granted by Justice Jude Onwuegbuzie of the…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede on Tuesday, May 20, 2025 handed over 753 units of houses recovered by the Commission at Plot 109 Cadastral Zone C09, Lokogoma District, Abuja to the Ministry of Housing and Urban Development. The property, measuring 150,500 square metres and containing 753 Units of duplexes and other apartments, was recovered based on a final forfeiture order granted by Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT, High Court Abuja on Monday, December 2, 2024 While handing over the property, Olukoyede reiterated the commitment of the EFCC to accountable asset…
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, on Friday, May 16, 2025, arraigned one Solomon Stephen Ufayo, a staff of Ecobank Plc, on a one-count charge bordering on alleged cybercrime to the tune of N2,404,000(Two Million Four Hundred and Four Thousand Naira) before Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos. The count reads: “That you, Solomon Stephen Ufayo, between the 10th to the 28th day of March, 2025, in Lagos, within the jurisdiction of this Honourable Court, while working for Ecobank Nigeria Limited as a Relief Teller, fraudulently…
Operatives of the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested 120 suspected internet fraudsters, comprising 95 male and 25 female at various locations in Lagos. The suspects were arrested on Monday, May 19, 2025, following credible intelligence and thorough surveillance regarding their alleged involvement in internet-related fraud. Items recovered during the coordinated operation include 26 exotic cars and expensive jewelries, smartphones, laptops and several incriminating documents. The suspects are currently undergoing further investigation and will be arraigned in court upon the conclusion of the investigation. Media & Publicity May 19, 2025 Credit: EFCC…
Justice O. A. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos, on Thursday, May 15,2025, convicted and sentenced one Ajanaku Oluwatomilola to three years imprisonment for N14.5m fraud. The convict was re-arraigned by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on April 14, 2024 on a six-count charge bordering on stealing , obtaining money and property by false pretence and retention to the tune of N14.5m. The defendant, sometime in 2021, received the sum of N14.5m from some petitioners as investment capital. It was agreed that the return on investment would run for three months.…
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, May 16, 2025, presented its first prosecution witness, PW1, Peter Obumuneme Okoye,( a.k.a Mr P) against Jude Chigozie Okoye, elder brother and former Manager of Paul and Peter Okoye, before Justice Rahman Oshodi of the State High Court sitting in Ikeja, Lagos. Okoye is standing trial alongside his company, Northside Music Ltd., on a four-count charge bordering on alleged stealing to the tune of $1m and £34,537 . Led in evidence by the prosecution counsel, Mohammed Bashir, the PW1 told the court that his brother’s wife, Ifeoma, owned 80…
The Economic and Financial Crimes Commission (EFCC) has strengthened its collaboration with the British High Commission in the fight against organised immigration fraud through a specialised training on document forgery. The training, organised by the Home Office International Operations of the British Deputy High Commission, held on Thursday, 15 May, 2025, for the two Directorates in Lagos, at 15A Awolowo Road, Ikoyi, Lagos. The training was designed to enhance the capacity of EFCC officers in detecting forgeries and preventing document-related fraud. The Zonal Director, Lagos Directorate 1, CE Michael Nzekwe, who hosted the training, expressed appreciation for the continued collaboration between…
The Economic and Financial Crimes Commission, EFCC, on Thursday, May 15, 2025, presented First Prosecution Witness, PW, William Abimbola in the ongoing trial of a former deputy director, Highways, of the Federal Ministry of Works and Housing, Augustine Ojo Olowoniyan, alongside a surveyor, Sulaiman Abdulkadir Muhammed of the Department of Highways and Planning before Justice Jude Onwuegbuzie of the Federal Capital Territory, FCT, High Court, Apo, Abuja. They are being prosecuted on a three-count charge bordering on alleged diversion and misappropriation of public funds amounting to N1,936,961,649.00 (One Billion, Nine Hundred and Thirty-six Million, Nine Hundred and Sixty-one Thousand, Six Hundred and Forty-nine Naira ), contrary to…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has charged all Designated Non Financial Businesses and Professions , DNFBPs, s across the country to always meet up with their obligations in the fight against graft. The charge was given at a sensitization program organized by the Commission for DNFBPs on May 8 ,2025 at the EFCC office, Gombe State. Olukoyede, represented by Deputy Director, Special Control Unit against Money Laundering, SCUML, DCE Pascal Samu stated that, “this workshop is to enlighten and charge you on your roles in compliance with the money laundering ( Prevention…
Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, on Thursday, May 15, 2025 convicted and sentenced two truck drivers, Abdulkareem Hussaini and Aliyu Ladan to one-year imprisonment each for unlawful possession of solid minerals. They were arraigned on one-count separate charges by the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC. The charge against Hussaini reads: “That you, Abdulkareem Hussaini on or about the 11th day of June 2024, at Ballah Asa Local Government Area of Kwara State, within the jurisdiction of this Honourable Court, without lawful authority, comes into possession of minerals to…
Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, has sentenced a 27-year-old fashion designer, Haruna Musa Tolani, to 12 months imprisonment for impersonating and defrauding Callitus Egwuonwu, an investigating officer with the Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Directorate. Tolani, an indigene of Ilorin East Local Government Area of Kwara State, was initially arraigned on a two-count charge bordering on impersonation and cybercrime on January 28, 2025 and pleaded not guilty, but later changed his plea to guilty after overwhelming evidence was presented by counsel to the EFCC, Sesan Ola. Count one of the…
The Acting Zonal Director of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Assistant Commander of the EFCC, ACE1 Ahmed Ghali, has expressed worry over the involvement of youths in cybercrime in the country. Ghali stated this on Thursday, May 15, 2015 during a seminar with the theme “The Role of Boy Child in Community Development and Safety” organized by the Police Community Relations Committee, PCRC, Bode Thomas Division, Area C Command Headquarters, Surulere, Lagos. He said many youths had jeopardized their futures on the altar of excessive ambitions. He added that many youths were not…
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…
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