Operatives of the Kano Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested five officials of the Katsina State Board of Internal Revenue over alleged diversion of N1,294,337,676.53 (One Billion, Two Hundred and Ninety Four Million, Three Hundred and Thirty Seven Thousand, Six Hundred and Seventy Six Naira, Fifty Three Kobo) belonging to the Katsina State Government. The suspects are, Rabiu Abdullahi, Sanusi Mohammed Yaro, Ibrahim M. Kofar Soro, Ibrahim Aliyu and Nura Lawal Kofar Sauri. They were arrested following a petition from the Katsina state government alleging that the suspects colluded and diverted the sum…
Author: Kunle Edun
In its ongoing efforts to clean the nation of internet fraud and other acts of corruption, operatives of the Economic and Financial Crimes Commission, EFCC, have arrested four Chinese and 101 Nigerians in a business apartment in the Gudu axis of Abuja. They were arrested on Thursday, January 9, 2025. The suspects, comprising 67 male( including four Chinese) and 38 female were allegedly involved in hotel review job scam targeting victims and hotels in Europe and other parts of the world. The suspects will be charged to court upon conclusion of investigations. Media & Publicity January 10, 2025 Credit: Economic…
The Economic and Financial Crimes Commission, EFCC, has secured the conviction of one Chima Hyginus Nkwocha, a.k.a “Young Billionaire,” for cheating by impersonation and money laundering. He was jailed on Tuesday, December 31, 2024. Nkwocha was arraigned before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on a two-count charge bordering on cheating by impersonation and money laundering. One of the counts read: “That you, Chima Hyginus Nkwocha (AKA Frank Nils, Frank Cobert, Frank Brown & Chettot), sometime in 2022 in Abuja within the jurisdiction of this Honourable Court, did fraudulently impersonate Frank Nils, Frank Cobert, Frank Brown,…
In its continuing efforts to sweep the Economic and Financial Crimes Commission, EFCC, clean of corrupt tendencies, 10 officers of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, are being detained over investigation of some missing items involving them. The officers, who were arrested last week on the directives of the Executive Chairman, Mr. Ola Olukoyede are answering questions related to the theft of some operational items that they could not account for. Investigators are making good progress and those found culpable will be subjected to internal disciplinary processes Media & Publicity January 8, 2025…
In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission, EFCC, dismissed twenty seven (27) officers from its workforce in 2024. The officers were dismissed for various offences bordering on fraudulent activities and misconduct. Their dismissal, FOLLOWING THE RECOMMENDATION OF THE STAFF Disciplinary Committee of the EFCC, was ratified by the Executive Chairman, Mr. Ola Olukoyede. Olukoyede reiterated the commitment of the Commission to zero tolerance for corruption, warning that no officer is immune to disciplinary measures. Every modicum of allegation against any staff of the Commission would always…
A three-man panel of the Court of Appeal, Lagos Division, on Thursday, December 19, 2024, upheld the conviction and sentencing of a businessman, Kolawole Adedayo Erinle, to 12 years imprisonment for $1.4m fraud. Erinle and his company, Rinde-Remdex Nigeria Limited, were first arraigned before Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos, on March 11, 2022. Though he pleaded “not guilty”, the trial could not be concluded before the retirement of Justice Taiwo, thereby prompting the re-assignment of the case to Justice Oshodi. He was subsequently re-arraigned on October 28, 2022 before Justice Oshodi on a…
The Real Estate Developers Association of Nigeria, REDAN, has commended the Economic and Financial Crimes Commission, EFCC, for its strides in combating money laundering and recovery of 753 duplexes and other apartments in the Lokogoma District of Abuja. This commendation was given in Abuja by the President and Chairman of Council of REDAN, Prince Akintoye Adeoye in a letter addressed to President Bola Ahmed Tinubu, a copy of which was made available to the EFCC. Adeoye pointed out that the Commission was playing vital roles in combating economic crimes, money laundering and terrorism financing within the real estate sector and…
Let me use this opportunity to wish you all compliments of the season. No doubt, you have all shown great commitment to the task of fighting economic and financial crimes. Our mandate in this regard is clear and I earnestly appreciate you day- to-day adherence to its spirit and letter. To make the most of this calling, I charge you to continue your steadfast services to the nation by improving on your commitment and dedication to the works of moving the nation forward. I concede that every staff of the Commission deserves applause for their patriotic drives and selfless…
The Kano Zonal Director of the Economic and Financial Crimes Commission, EFCC, Commander of the EFCC, CE Ibrahim Shazali, has called upon members of the Nigerian Red Cross , Kano Branch, to exercise a high level of integrity in the management of their funds. This appeal aligns with the EFCC’s relentless efforts to combat corruption and promote ethical practices across various sectors. According to him, the critical roles that charitable organisations play in the society, especially in providing humanitarian assistance to vulnerable populations, are invaluable. “The Red Cross is at the forefront of delivering essential services during crises. Therefore,…
The Economic and Financial Crimes Commission, EFCC, on Monday, December 24, 2024, arraigned a businessman, Akindele Akintoye before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on charges bordering on money laundering and contract fraud. Akintoye allegedly collected $35million from the Nigeria Content Development and Monitoring Board to build a 2000 barrel- per -day refinery, jetty, gas plant, data centre, and tank farm at Brass Free Trade Zone, Okpoama community in Brass Local Government Area of Bayelsa State. He allegedly mooted the idea of the project to the Board and the NCDMB embraced it with a counterpart funding…