The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Oluoyede has charged local government Chairmen across the country to take the issue of accountability seriously as they do not have immunity from investigation and prosecution for fraud. He gave the charge in Gombe, Gombe state on Wednesday, February 19, 2025 while speaking at the Gombe State Local Government Summit. He pointedly told the local council Chairs to be prudent in the management of huge resources at their disposal stressing that “Local government chairmen do not have immunity and we are not going to wait until you…
Author: Kunle Edun
Justice Daniel Osiagor of the Federal High Court, sitting in Ikoyi, Lagos on Tuesday, February 18, 2025 asked the Economic and Financial Crimes Commission to probe the medical reports of ill health which the Tuoyo Omatsuli, former Executive Director, Projects, Niger Delta Development Commission, NDDC has consistently presented in court to stall his arraignment and trial, adding that a warrant of arrest will be issued against him if found to be false. At the day’s proceedings, lead prosecutor, Ekele Iheanacho, SAN had informed the court that the matter was for arraignment and trial, and that the prosecution was prepared to proceed with the businesses but was again, ambushed with the all too…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC has stated that the country was recording substantial progress in the anti-corruption fight and urged all stakeholders to strive to do even more. He made the observation on Tuesday, February 18, 2025, at a public presentation of the report on the review of six years of Transparency Corruption Perception Index (TI-CPI) Assessment on Nigeria, covering from 2019 to 2024, held at the NAF Conference Centre Suites, Jahi, Abuja. According to him, “There is no gainsaying the fact that in the last one year, the major stakeholders in the anti-corruption environment, including the legislature, executive and the judiciary have made substantial progress in our…
The Director General and Chief Executive Officer of the National Board for Technology Incubation, (NBTI), Dr. Kazeem Kolawole Raji has praised the leadership qualities of the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede and the successes of the anti-corruption fight under his watch. He gave the commendations on Tuesday, February 18, 2025 when he led the executives of the Board on a courtesy to the EFCC Chairman at the corporate headquarters of the Commission in Jabi, Abuja. “Let me begin by wholeheartedly commending the EFCC Chairman, Mr Ola Olukoyede, a man of unparalleled vision, courage, and integrity, whose tenure has set new standards in the fight against corruption,” he said. He observed that the EFCC…
The National Centre for the Control of Small Arms and Light Weapons (NCCSALW) has sought the support and collaboration of the Economic and Financial Crimes Commission, EFCC in the pursuit of its mandate of controlling the proliferation of small arms and light weapons in the country. The request was made on Tuesday, February 18, 2025 when the management of the Centre, led by its Director General, Johnson Babatunde, a retired Deputy Inspector General of Police (DIG) came on a courtesy visit to the Executive Chairman of the EFCC at the Commission’s corporate headquarters in Jabi, Abuja. “We are here essentially to look for…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, February 18, 2025, arraigned four Chinese before Justices M. Kakaki and Ayokunle Faji, both of the Federal High Court, sitting in Ikoyi, Lagos. The quartet are part of the 792-member syndicate of alleged cryptocurrency investment and romance fraud suspects arrested in Lagos on December 10, 2024 by officers of the EFCC in a surprise operation tagged “Eagle Flush Operation.” While three of the defendants, Xia Guang Can, Li Xu Xin, and Zhang Xue Hui were arraigned on separate one-charge charges before Justice Kakaki, Lu Yubo was arraigned on a two-count charge before Justice Faji. The charges border…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of one Ugenyi Kalu, before Justice R.A. Oshodi of a Special Offences Court, sitting in Ikeja, Lagos for fraud. The convict, a banker, was arraigned on a five-count charge, bordering on official corruption and gratification. One of the counts reads: “That you, Ugenyi Kalu sometime in November 2016 in Lagos within the Lagos Judicial Division being the head of Lagos Region of NEXIM Bank, received monetary benefit for yourself in the sum of N4,000,000 (Four Million Naira) from one Obi Ogoh on account of the loan…
The First Prosecution Witness (PW1), Abubakar Hassan in the trial of former governor of Kwara State, Alhaji Abdulfatah Ahmed, and his Commissioner for Finance, Ademola Banu on Monday, February 17, 2025, told Justice Mahmud Abdulgafar of the State High Court, sitting in Ilorin that the first defendant diverted to personal use, funds earmarked for Universal Basic Education Commission (UBEC) projects in the state. The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC is prosecuting both defendants on a 12-count charge of mismanagement and misappropriation of public funds to the tune of N5.78 billion. The witness, an Assistant Director of Finance in UBEC, while being led in evidence by prosecution, Rotimi Jacobs, SAN, disclosed that a…
Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested 15 suspected internet fraudsters in Abuja, Federal Capital Territory, FCT. They were arrested in Amax Apartment, Guzape, following credible intelligence that linked them to fraudulent internet activities. Items recovered from them include a Toyota Highlander with customized registration number (BORNO AAA) and phones. They have made useful statements and would be charged to court as soon as investigations are concluded. Dele Oyewale Head, Media & Publicity February 18, 2025 Credit: Economic and Financial Crimes Commission (EFCC)
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Saturday, February 15, 2025 arrested 47suspected internet fraudsters at different locations in Ekpoma, Edo State.The suspects were arrested based on credible intelligence that linked them to fraudulent internet activities. Items recovered from them include 14 exotic cars, laptops and phonesThey have made useful statements and would be charged to court as soon as investigations are concluded. Dele Oyewale Head, Media & Publicity February 17, 2025 Credit: Economic and Financial Crimes Commission (EFCC)