The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, January 31, 2025, arraigned 11 Chinese, one Filipino and a company, Genting International Co. Ltd, before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. The defendants are: Wang Zheng Ming, Li Yin Hui, Xian Hong Will, Zhang Xiao Lei, Long Zhao Ming, Guo Xiao Fei, Yang Sheng, Wang Zheng Feng, Chen Wenyuan, Liu San Hua, Luo Jia You and Rheign Dela Vega. They are members of the syndicate of 792 alleged cryptocurrency investment and romance fraud suspects arrested on December 19, 2024…
Author: Kunle Edun
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC has stated that Nigeria’s under-development would be a thing of the past if everyone begins to see corruption as a common enemy and tackle it. He stated this on Friday, January 31, 2025 when officials of the Centre for Crisis Communication, CCC, led by the Director of its Board of Trustees, BoT, Major General Chris Olukolade (retd) paid him a courtesy visit at the EFCC corporate headquarters, Abuja. According to Olukoyode, “One of the major problems in Nigeria which when tackled, will make under-development a thing of the past, is corruption and…
The trial of former Acting Accountant General of the Federation, Mr. Chukwunyere Anamekwe Nwabuoku began on Friday, January 31, 2025 before Justice James Omotosho of the Federal High Court, Maitama, Abuja with witnesses narrating how the defendant as former Director, Finance and Account in the Federal Ministry of Defence opened multiple bank accounts through which he allegedly diverted the ministry’s funds. 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). At Friday’s proceedings, …
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has called on corps members and youths across the country to always treat corruption as an enemy to be destroyed because it is at the root of all developmental challenges confronting the nation. He gave the charge in Abuja on Thursday, January 30, 2025 while addressing corps members of Batch C Stream 11, at the National Youths Service Corps, NYSC, orientation camp, Kubwa, Abuja. According to him, “every challenge around us today can be traced to the consequences of corruption, with the rising troubles of unemployment,…
The Economic and Financial Crimes Commission, EFCC, notes with concern the reported unsavoury experiences of some Nigerians who participated in the just concluded public auction of forfeited vehicles conducted by accredited auctioneers on behalf of the Commission. Among the complaints received by the Commission were the inability of some citizens to access the websites of the auctioneers, being shut out from the platforms after submitting bids and outrageous bid prices, among others. Relevant Departments of the Commission monitored the exercise and can confirm that there were glitches. This observation was communicated to the auctioneers for remedial action. The Commission could,…
Justice Chinyere E. Nwecheonwu of the Federal Capital Territory High Court, Kuchiako, Kuje, on Thursday, January 30, 2025 rescheduled to February 3, 2025 the arraignment of Professor Usman Yusuf, former Executive Secretary of National Health Insurance Scheme, NHIS. The Economic and Financial Crimes Commission, EFCC had on Wednesday, January 29, 2024 arrested Yusuf and brought before the court on Thursday, January 30, 2025 for arraignment on allegations of fraud. The arraignment was, however, moved to Monday to allow for amendment of the charges. Though defence counsel, Isah Dokto Haruna, who held brief for the lead defence counsel, O.I.Habeeb, SAN made an application for bail, it was turned down by the court on account of the…
The trial of a former Kogi State governor, Yahya Adoza Bello, alongside Umar Shuaibu Oricha and Abdulsalami Hudu continued on Wednesday, January 29, 2025, before Justice Maryanne Anenih of the Federal Capital Territory High Court with the First Prosecution Witness, (PW1), Fabian Nwaora informing the court, that Yahya Bello’s accomplice, Shehu Bello, opted for a refund from EFAB Property Limited, the sum of N 550 million (Five Hundred and Fifty Million Naira) he paid for a property when he learned that the said property has come under the investigation of the Economic and Financial Crimes Commission, EFCC and linked to Yahaya Bello. The witness, Chairman of EFAB Property Limited, further disclosed that the property Shehu Bello bought was located at No.1 Ikogosi Street, Maitama, Abuja. Led in evidence by prosecution…
The Federal Capital Territory Internal Revenue Services (FCT-IRS) has called on the Economic and Financial Crimes Commission, EFCC, to assist it in tackling tax liability of suspects being investigated for any form of economic and financial crime and other acts of corruption. This appeal was made in Abuja on Wednesday, January 29, 2025 when the management team of FCT-IRS, led by its Acting Executive Chairman, Michael Ango came on a courtesy visit to the Executive Chairman of the EFCC, Mr. Ola Olukoyede at the EFCC’s corporate headquarters Ango specifically stated that the FCT-IRS would need EFCC’s help in the…
The Economic and Financial Crimes Commission, EFCC, on January 28, 2025, re-arraigned one Murtala Adebayo, before Justice R.A. Oshodi of a Special Offences Court, sitting in Ikeja, Lagos for an alleged N19 million fraud. Adebayo was initially arraigned before Justice Mojisola Dada on January 24, 2024 on a three-count charge to which he pleaded “not guilty”. In the course of the trial, a petitioner alleged that the defendant used “phony” Corporate Affairs Commission documents as well as fake tax documents to secure bail from the court. Subsequently, Justice Dada withdrew from the case and returned the case file to the Chief Judge…
Justice Muhammad Maina of the Borno State High Court, Maiduguri on Tuesday, January 28, 2025, convicted and sentenced one Ahmed Saleh Mubi to one-year imprisonment for criminal misappropriation. Mubi was arraigned on Thursday, September 19, 2024, by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission EFCC, on a one-count bordering on criminal misappropriation to the tune of N19,691, 200.00 (Nineteen Million, Six Hundred and Ninety One Thousand, Two Hundred Naira). The lone count reads: “That you Ahmed Saleh Mubi, between December, 2019 to March 2020 at Maiduguri, Borno State within the jurisdiction of this Honourable court offered to sell…