The Economic and Financial Crimes Commission (EFCC) has called on youths all over the country to shun acts of corruption, criminality and militancy. EFCC’s Zonal Head in the South-South, Mr. Ishaq Salihu made the call in Port Harcourt last week while receiving officials of the National Patriotic Forum of Nigeria, PATFON. Salhu observed that, corruption was responsible for the low living standard of many Nigerians and urged youths to team up with the EFCC in the fight against the menace. “Say no to crime, criminality and militancy. If there is no criminality, then you can walk the street freely, he…
Author: Kunle Edun
Malachy Ugwumadu, a Legal Luminary and Human Right Activist, has added his voice to the clarion call on the Nigeria Bar Association (NBA) to bury the thought of divesting the prosecutorial powers of the Economic and Financial Crimes Commission (EFCC). Mr Abubakar Mahmoud, in his inaugural speech as the NBA President at the weekend in Port Harcourt, had advocated for divesting of the prosecutorial powers of the EFCC as he said that the Commission should be limited to investigation alone. But Ugwumadu who was speaking on a TVC News television programme, titled: “ANTI-GRAFT WAR: EFCC-TO PROSECUTE OR NOT” on August…
In recognition of his professional worthiness, the governing council of the Association of National Accountants of Nigeria (ANAN), Abuja chapter, on August 4, has conferred the Fellowship Award of the association on the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. While presenting Magu with the Fellowship Award letter in Abuja, the leader of the delegation, Abdullahi B.Yahaya, CNA, said, “We are here this afternoon to rejoice with our able colleague who the ANAN governing council has approved and granted a Fellowship Award of our noble profession.” Yahaya, who stated that the award ceremony would hold on October 3 and…
The Economic and Financial Crimes Commission (EFCC) has called on the management of the Institute of Oceanography and Marine Research, Lagos to join hands with it in the fight against corruption and economic crimes. The call came on the heels of an anti-corruption sensitization programme organised by the Commission for the staff of the institute on Thursday, August 4, 2016. Speaking at the event, which featured lectures and interactive sessions on corruption prevention strategies as well as work place ethics, the Head of Enlightenment and Orientation, EFCC, Hajia Larai Musa, spoke on the history and structure of the Commission. Musa,…
The Economic and Financial Crimes Commission (EFCC) disclosed that some unscrupulous members of the public have been defrauding unsuspecting Nigerians in the on-going recruitment exercise by the Commission. The modus operandi of the scammers is to request for applications from job-seeking Nigerians and later inform the applicants to pay N49,000 (Forty Nine Thousand Naira Only) as processing fee. Thereafter, the “successful candidates” were asked to pay another N48,000 (Forty Eight Thousand Naira Only) into an account for accommodation and transportation. A poorly written appointment letter purportedly from a non-existent office of Director General, Ibrahim Lamorde and dated 03/07/2016, sent to one Ubong…
The ring leader of an international criminal network behind thousands of online frauds has been arrested in a joint operation by INTERPOL and the Nigeria’s Economic and Financial Crime Commission (EFCC). The 40-year-old Nigerian national, known as ‘Mike’, is believed to be behind scams totalling more than USD 60 million involving hundreds of victims worldwide. In one case a target was conned into paying out USD 15.4 million. The network compromised email accounts of small to medium businesses around the world including in Australia, Canada, India, Malaysia, Romania, South Africa, Thailand and the US, with the financial victims mainly other companies…
Samuel Sunday Ovute, a businessman and owner of Obuegu & Sons Enterprises, was arraigned on Monday, 25th July by the Economic and Financial Crimes Commission (EFCC) on a two count charge bordering on issuance of dud cheques and obtaining by false pretence the sum of One Million, Six Hundred and Sixty Two Thousand, Four Hundred Naira (N1,662,400.00, before Justice K.I Okpe of the Enugu State High Court, Enugu. It was alleged by a petitioner, that sometime in 2015, Ovute, a businessman who deals in liquor, fraudulently and with intent to defraud, issued Fidelity bank cheques with face value of Nine Hundred and Fourteen Thousand Three Hundred and Eighty Naira (N914,380.00) and…
The Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office, has arrested five suspected undergraduate scammers. Four from the Federal University of Technology Akure (FUTA) and one from Adekunle Ajashin University, Akungba (AAUA). They were picked up at an Off-Campus Residence located at Anuoluwapo Close, Stateline Hotel Road, off FUTA South Gate, Akure, Ondo State. They suspects who are between the ages of 20 and 23 include: Adeleke Paul (21), Adebiyi Tayo Abudu (22), Akinsanmi Olusola Adeniyi (21), Ogundile Ademola James (23) and Okali Ugochukwu (21). The Commission got wind of their activities through series of gathered intelligence. Paul and…
The Economic and Financial Crimes Commission (EFCC) has secured the leave of a Kano High Court sitting Kano, to arraign the duo of Saminu Umar Ta’ambu and Ahmed Maiturare of the popular kantin kwari textile market, Kano for offences bordering on obtaining by false pretence. They allegedly used the name of Kano State government to induce a Swiss National, Mathias Hee, Owner of Okutex Ag, into supplying them with fabrics worth Five Hundred and Thirty Thousand US Dollars ($530,000) Justice Dije Aboki gave the nod after hearing argument on the application for leave to prefer charge against the suspects by…
The Economic and Financial Crime Commission (EFCC) has said it will immediately appeal the ruling of a Federal Capital Territory High Court which today granted bail to one Abiodun Agbele, a suspect who is being investigated by the Commission for a range of alleged criminal infractions bordering on fraud and money laundering. Justice Olukayode Adeniyi, in a ruling which the Commission described as “shocking” today offered bail to Agbele and ordered the EFCC to pay the suspect N5 million as compensation for unlawful detention. The judge claimed that the failure of the EFCC to charge Mr. Agbele to court, since…