The Initiative for Leadership and Economic Watch in Nigeria has expressed willingness and determination to team up with the Economic and Financial Crimes Commission, EFCC on monitoring of budget to ensure its optimal performance. The group, comprising scores of civil society organizations made this disclosure in Abuja on Thursday, February 6, 2025, when Ambassador Splendor Agbonkpolor led leaders of different CSOs on a courtesy visit to the Executive Chairman of EFCC, Mr. Ola Olukoyede at the Commission’s corporate headquarters. The CSO leaders disclosed that they came together to operate as a committee, basically to focus on budget monitoring and implementation in…
Author: Kunle Edun
The National Christian Youth Professionals, NCYP, has called on the Economic and Financial Crimes Commission, EFCC to strictly monitor the management of funds accruing to local government areas across the country owing to the financial autonomy granted them by the government. This call was made in Abuja on Thursday, February 6, 2025 when the Chairman of NCYP, Isaac Abrak led a delegation on a courtesy visit to the Executive Chairman of the EFCC, Mr. Ola Olukoyede at the corporate headquarters of the Commission. Abrak explained that development at the grassroots level was low and that only prudent management of resources…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Thursday, February 6, 2025, arraigned nine Chinese and a company, Genting International Co. Ltd., before Justice C.J. Aneke of the Federal High Court sitting in Ikoyi, Lagos. The defendants are Su Dong Fu, Zheng Xian Tao, Wang Shi Long, Pan Cai Qi, Ting Liao, Fan Jia, Feng Li Cani, Lu Yong Yao and Yang Chen Cheng They are members of the syndicate of 792 alleged crypto currency investment and romance fraud suspects arrested on December 10, 2024 in Lagos during a surprise operation tagged “Eagle Flush Operation”…
Jigawa State Public Complaints and Anti-corruption Commission, PCACC, has sought collaboration with the Economic and Financial Crimes Commission,EFCC. The request was made in Abuja on Thursday, February 6, 2025 when a delegation of PCACC, led by its Chairman, Salisu Abdu paid a courtesy visit to theExecutive Chairman of EFCC, Mr. Ola Olukoyede at the Commission’s corporate headquarters. Abdu disclosed that his Commission has the mandate to receive public complaints as well as investigate and resolve issues that affect members of the public, “The purpose of the courtesy visit is to identify areas where the PCACC Jigawa State can collaborate with…
Nigeria’s foremost anti-corruption agency, the Economic and Financial Crimes Commission, EFCC has been described as a beacon of courage and direction in the fight against economic and financial crimes and other acts of corruption. The accolade was given in Abuja on Wednesday, February 5, 2025 by the Editor-in-Chief and Chief Executive Officer, CEO, Security Watch Africa, Mr. Patrick Agbambu who led a delegation to the corporate headquarters of the EFCC to present an award to the Commission as the best anti-corruption agency in Nigeria. Agbambu expressed profound delight with the successes of the EFCC, especially in the past one year…
Justice Bayo Taiwo of the Oyo State High Court, sitting in Ibadan has convicted and sentenced one Olayiwola Oguntade to prison for fraud. Oguntade, a former staff member of the Joint Admission and Matriculation Board (JAMB) was arraigned by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on October 13, 2020 on a three-count amended charge, bordering on forgery, advance fee fraud and obtaining by false pretence to the tune of N10, 000, 000 (Ten Million Naira). Count one of his reads: “That you, Olayiwola Oguntade sometimes in 2010 at Ibadan within the jurisdiction of this Honourable Court with intent to defraud obtained the sum of N10, 000, 000.00K…
Justices Aisha Kumaliya and Amina Ibrahim of the Borno State High Court, sitting in Maiduguri on Tuesday, February 4, 2025, convicted and sentenced two persons to three years imprisonment each for fraud. The convicts are; Anaryu Akindaraju and Umar Alhaji Bukar who were prosecuted by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on one-count separate charges bordering on criminal misappropriation and cheating. Akindaraju was convicted by Justice Kumaliya while Bukar was jailed by Justice Ibrahim. The charge against Akindaraju reads: “That you, Anaryu Akindaraju, sometime in March, 2022 in Maiduguri, Borno State within the jurisdiction…
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos has adjourned till March 13, 2025 further hearing in the trial of Ismaila Mustapha for an offence bordering on alleged money laundering. The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, had on January 12, 2022 arraigned Mompha alongside his company, Ismalob Global Investment Limited, on an eight-count charge bordering on conspiracy to launder funds obtained through unlawful activity, retention of proceeds of criminal conduct, laundering of funds obtained through unlawful activity, failure to disclose assets and property, possession of documents containing false pretences and…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, February 4, 2025, arraigned 11 Chinese and a company, Genting International Co. Ltd., before Justice C.J. Aneke of the Federal High Court sitting in Ikoyi, Lagos. The defendants are: Liu Ke Fan, Huang Hai Tao, Zhang Kian Feng, Wua Wang and Xiao Xin. Others are: Wang Hong Lin, Wu Yong An (a.k.a Zenga Niu), Chen Yuan (a.k.a Xiao Doa), Chen Dong Dong (a.k.a Cun Zhao) Weng Mao Rong, (a.k.a A Xiang and Wang) and Xiong Wei (a.k.a Xiao Bai). They are members of the syndicate of…
Justice A.O.Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of the sums of N1,168,602,877.44,( One Billion, One Hundred and Sixty Eight Thousand, Six Hundred and Two, Eight Hundred and Seventy Seven Naira, Forty Four kobo) $392,818.01( Three Hundred and Ninety Two Thousand, Eight Hundred and Eighteen United States Dollars, One Cent) and £35,070( Thirty Five Thousand, Seventy Pound Sterling) recovered from one Muiz Tijani Adeyinka, a former employee of First Bank of Nigeria, FBN, to the Federal Government of Nigeria, FGN. The judge gave the order following a motion on notice for the…