The Economic and Financial Crimes Commission, EFCC, has declared wanted one Azmat Mohmood for his alleged involvement in petroleum subsidy scam. Mohmood a German citizen of Pakistani-extraction is an international petroleum trader, whose company, Nimex Petroleum Limited is involved in a case for which ASB Investment, Aro Samuel Bamidele and Abiodun Kayode Bankole are already standing trial before a Lagos State High Court, Ikeja. Briefing journalists at the Commission’s office, Wilson Uwujaren, Head, Media and Publicity, stated that Nimex Petroleum Limited is the company that allegedly sold and shipped 38,010,413 litres of Premium Motor Spirit to the defendants – ASB…
Author: Kunle Edun
The Economic and Financial Crimes Commission, EFCC, on Friday June 13, 2014 arraigned one Henry Azuike before Justice Sylvanus Chinedu Oriji of the High Court of the Federal Capital Territory, Apo, Abuja on a 13-count charge of attempting to obtain money under false pretence from friends and associates of a former presidential aide and top official of Edo State government, Professor Julius Ihonvbere.He allegedly hacked into Prof. Ihonvbere’s email and began sending messages to his contacts, asking them to pay money into an account with a new generation bank.The accused pleaded not guilty to the 13-count charge when it was…
Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Lamorde has called on Nigeria youths to imbibe integrity as a way of life.Lamorde who was represented by Aisha Larai Musa, Head, Enlightenment and Re-orientation Unit, made this remark at the launch of Integrity Clubs in some police secondary schools across the South-South Zone of the country.According to him, the clubs are design to inculcate the values of integrity and transparency in the impressionable students to enable them grown up to be responsible citizens and change agents for Nigeria. Economic and financial crimes, he said, could be best prevented if an…
Justice Sylvanus Chinedu Oriji of the FCT High Court sitting in Apo, Abuja today, June 11, 2014 granted bail to the duo Mohammed Abubakar Kent and Precious Otsu, who are currently being prosecuted by the Economic and Financial Crimes Commission, EFCC, for offences which border on fraud. Kent and Otsu were granted bail in the sum of N25m (twenty five million naira) each and two sureties in like sum. One of the sureties must be a civil servant not below grade level 14. The sureties must depose to affidavit of means and must be resident within the jurisdiction of the…
The Economic and Financial Crimes Commission, EFCC, has arraigned Adedokun Tajudeen Oladipupo before Justice S. S Ogunsanya of the Lagos High Court sitting in Ikeja on one count charge bordering on obtaining money by false pretences. Oladipupo was alleged to have contacted a firm, J.P Solutions & Investment Limited, through his company, Del Waste Management Limited, with an offer to sell foreign exchange worth $150,000( One Hundred and Fifty Thousand United States Dollars) to it, for a naira equivalent of N23,550,000.00( Twenty-Three Million, Five Hundred and Fifty Thousand Naira only).The firm reportedly gave him the money but Oladipupo neither provided…
The Economic and Financial Crimes Commission, EFCC, has arrested three suspected fraudsters involved in forgery, personation and fraudulent sale of shares to the tune of N73,764,428( Seventy Three Million, Seven Hundred and Sixty Four Thousand, Four Hundred Twenty Eight Naira ).Muhammed Rabiu Lawan (a.k.a Alhaji Shande Ako Dzungwe and Alhaji Isa Koto); Raphael Olorunfemi Okomoda, Adebgesan Theophilius and four others who are still at large, were arrested by operatives of the Commission following a report of fraudulent sale of shares of two deceased shareholders by the supects. The stocks originally belong to Alhaji Shande Ako Dzungwe and Alhaji Isa Koto…
The Economic and Financial Crimes Commission, EFCC, has opposed bids by Mahmud Tukur and one other accused person standing trial in a $1.8billion subsidy scam, to quash charges preferred against them.Tukur is standing trial alongside, Ochonogor Alex, Abdulahi Alao and Eterna Plc. At the resumed hearing of the matter before Justice Lawal Akapo of the Lagos High Court, Ikeja, on Monday, counsel to the EFCC, Rotimi Jacobs, SAN, prayed the court not to entertain the submissions of the defence team led by Tayo Oyetibo, SAN, to quash the charges against Tukur and others. Oyetibo had argued that the charges preferred…
The Chairman of the Kano State council of the Nigeria Labour Congress, NLC, Yunusa Isah Danguguwa, was today arraigned by the Economic And Financial Crimes Commission before Justice Fatu Riman of the Federal High Court, Kano on one count charge bordering on obtaining N2, 000, 000 (Two Million Naira ) by false pretence .The accused allegedly obtained the sum from one Usman Arzika of Williams Dabo International Limited under the pretext that the Nigeria Labour Congress, Kano council had awarded a contract to the company for the supply of 250 units of ‘second hand’ cars and that the N2 million…
The Economic and Financial Crimes Commission, EFCC, Monday, June 9, 2014, arraigned Mohammed Abubakar Kent and Precious Otsu before Justice Sylvanus Chinedu Oriji of the Federal Capital Territory High Court, Abuja on an 11-count charge bordering on criminal breach of trust, personation, forgery and obtaining money by false pretence.The suspects allegedly conspired and forged document in the name of Little Acorns Turkey Project Limited and fraudulently defrauded the company to the tune of N800m (Eight Hundred Million Naira) over a property development scheme at Lokogoma, Abuja.Count one reads, “that you Mohammed Abubakar Kent, sometime in, 2011 at Abuja, in the…
The Economic and Financial Crimes Commission, EFCC, Thursday, June 6, 2014, arraigned the Finance Controller of Lonestar Drilling Nigeria Limited, John Adet Esiegbuya, before Justice Lambo Akanbi of the Federal High Court, Port Harcourt, on an 8-count charge bordering on conspiracy, stealing, forgery and obtaining money under false pretence.The accused, sometime in July, 2010, allegedly forged documents and signature of the Managing Director, Lonestar Drilling Nigeria Limited and defrauded the company of Three Hundred Thousand US Dollars ($300,000.00); which he allegedly transferred to the account of another company, Combo Limited, purportedly promoted to conceal the fraud.The accused pleaded not guilty…