As a gesture of its commitment to tackling economic and financial crimes and offering restitution to victims of fraudulent practices, the Economic and Financial Crimes Commission, EFCC, has handed over a total sum $132,362.43( One Hundred and Thirty Two, Three Hundred and Sixty Two United States Dollars, Forty Three Cents), N78,566, 324. 81( Seventy Eight Million, Five Hundred and Sixty Six Thousand, Three Hundred and Twenty Four Naira, Eighty one kobo) to American, Spanish and Swiss victims of local fraudsters. The handover, which was performed by the Executive Chairman of the Commission, Mr. Ola Olukoyede took place on Friday, February…
Author: Kunle Edun
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Thursday, February 20, 2025 arraigned additional 18 Chinese before Justice Daniel Osiagor of the Federal High Court, sitting in Ikoyi, Lagos. They are: Huang Bo, Xiong Zhen, Lai Rui Feng, Deng Wei Qiang, Fu Min, Qin Xiao Yong, Li Dong, Li De Wen, Luo Mao Yang, Zhao Xiao Hui, Du Ji Feng, Liu Hai Rong, Liu Ni Ni, Liu Gang, Sun Qi, Zhang Jian, Peng Fa li and Huo Wen Jie. They are among the 792-member cryptocurrency investment and romance fraud suspects arrested on December 10, 2024, in Lagos, in a sting operation…
The Economic and Financial Crimes Commission, EFCC, Football Club will on Saturday, February 22, 2025 battle Family Worship Center, FWC Football Club of Abuja in the final encounter of FCT President’s Cup. The four times champions and the current cup holders, EFCC FC earned a semi-final victory over Galadima FC when Striker Obinna Uchechukwu scored in the 64th minute to seal victory at 1-0 on Monday, February 17, 2024. Speaking on his expectations for the Saturday’s game, EFCC FC Coach, Kabiru Adeyemi stated that his target was to retain the trophy as his eyes were fixed on qualifying for the CAF Confederation Cup through the national finals. “This isn’t my first time of playing in this tournament and…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has urged Nigerian youths to steer clear of fraudulent activities, particularly internet fraud and channel their creativity into productive and legitimate ventures. Olukoyede made this call on Wednesday, February 19, 2025 at the inauguration ceremony of Zero Tolerance Club at Citi Polytechnic, Dawaki, Abuja. Represented by the Head of Creative Communication Unit of the Commission, Assistant Commander of the EFCC, ACEI Christian Oluka, the Chairman emphasized the importance of integrity and hard work in nation-building. Specifically, he encouraged students to harness their digital skills for productive…
The Managing Director/ Chief Executive Officer, CEO, Nigerian Agricultural Insurance Corporation, NAIC, Mrs. Folashade Joseph has attributed the improved rating of Nigeria in Transparency International’s Corruption Perception Index, CPI in the period covering 2019 to 2024 to the heightened anti-corruption fight of the Economic and Financial Crimes Commission, EFCC under the leadership Mr. Ola Olukoyede. She expressed this in Abuja on Thursday, February 20, 2025 when she led a delegation of NAIC management team on a courtesy visit to the EFCC Chairman at the Commission’s corporate headquarters. “Let me use this opportunity to express my sincere gratitude to the Commission and especially to you, Mr.Chairman for your…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, has called on students across the country to embrace integrity and shun corruption in order to contribute positively to the nation’s development. Olukoyede gave this charge in Abuja on Thursday, February 20, 2025, when students of Gabs Glorious Kids Academy visited the corporate headquarters of the Commission on a study tour. Represented by the Head of Media and Publicity, Deputy Commander of the EFCC, DCE Dele Oyewale, Olukoyede decried the devastating impact of corruption on Nigeria’s development and called on the younger generation to be agents…
Justice W.I. Aziegbemhin of Edo State High Court, sitting in Benin City has convicted and sentenced 11 (eleven) internet fraudsters to jail.The convicts are: Izomor Samuel Efe, Nosakhare Bright, Emovon Destiny, Vincent Arogbo, Osarentin Morgan Aduwa, Osagiede Destiny Oghosa, Nosakhare Ernest Theophilus, Junior Emmanuel Efe, Osimen Princewill, Obamedo Clinton and David Iyobor. They were prosecuted by the Benin Zonal Directorate of Economic and Financial Crimes Commission, EFCC on separate one-count charges bordering on obtaining by false pretence, advance fee fraud, retention of proceeds of crime and possession of fraudulent documents.The charge against Efe reads: “That you Justice Samuel Efe (m) on or about the 8th of February, 2025 within the…
The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Directorate, on Wednesday, February 12, 2025, arraigned a legal practitioner Barrister Alexander Uchenna Ozougwu before Justice Sergius Onah of the Federal High Court sitting in Uyo, Akwa Ibom State, for allegedly defrauding his victims to the tune of N1, 323, 850. 000. 00 (One Billion, Three Hundred and Twenty Three Million, Eight Hundred and Fifty Thousand Naira) through a bogus foreign exchange investment scheme. He was arraigned on six –count charges bordering on obtaining money by false pretence in contravention of provisions of Section 18(2)(d) of the Money laundering (Prevention and Prohibition)…
The Tenth Prosecution Witness , PW10, Mifbahu Idris in the trial of former Minister of Power, Saleh Mamman on Wednesday, February 19, 2025 told a Federal High Court, Abuja, presided over by Justice James Omotosho how he received the sum of N777,538 (Seven Hundred and Seventy-seven Million, Five Hundred and Thirty-eight Thousand Naira) in cash and transfers from bureau de change operators between 2019 and 2021 on the instructions of the defendant who also directed how they were spent. Idris, nephew and special assistant to Mamman, while been cross- examined by defence counsel, Femi Atteh, SAN, disclosed while reading his extra-judicial statement to the EFCC on April 17, 2023 that the sum were wired from different accounts owned and operated by Maina Goje and Abdulahi Suleiman who are bureau…
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…
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)
Justice A.O. Owoeye of Federal High Court, sitting in Ikoyi, on Monday, February 17, 2025 held that Mr. Ezekiel Thankgod must appear in court to take his plea and adjourned till March 6, 2025 for his arraignment. Mr. Thankgod, ex-manager of gospel artiste, Mercy Chinwo has consistently evaded arraignment by the Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, prompting a warrant of arrest to be issued on him by the court during January 16, 2025 proceedings. Thankgod is to be arraigned on a three-count charge, bordering on money laundering and dishonest conversion to the tune of $340,000. One of the charges reads: “That EZEKIEL ONYEDIKACHUKWU THANKGOD and EEZEE GLOBAL CONCEPTS…