Why EFCC raided Ambode's residence
The Economic and Financial Crime Commission Tuesday raided the residence of the former governor of Lagos State Akinwunmi Ambode in Epe. EFCC spokesman Tony Orilade told The Guardian that the raid was in connection with an ongoing investigation into finances of Lagos State under the former governor. "It is just the continuation of the ongoing…
‘Corruption hindering Nigeria’s GDP $185b growth’
The Economic and Financial Crimes Commission (EFCC) has said that the country’s Gross Domestic Product (GDP) would have been higher by $185 billion if corruption had ben controlled to Malaysia’s level.
Buhari presides over presidential retreat for ministers-designate, perm. secretaries
President Muhammadu Buhari on Monday in Abuja presided over 2-day Presidential Retreat with Vice-President Yemi Osinbajo, some State Governors and Secretary to the Government of the Federation, Boss Mustapha in attendance.
Auditor-general indicts presidency, EFCC, NASS
Almost all Ministries, Departments and Agencies (MDAs) have been indicted for financial wrongdoings in the latest fiscal assessment of the country.
Court grants ex-VP’s son-in-law N20m bail
Justice Nicholas Oweibo of the Federal High Court, Lagos yesterday granted bail in the sum of N20 million to Abdulahi Babalele, son-in-law of former Vice President Atiku Abubakar.
EFCC arraigns Atiku’s son-in-law
The Economic and Financial Crimes Commission (EFCC) Wednesday arraigned Abdullahi Babalele, a son-in-law of the former vice president Atiku Abubakar at a Federal High Court in Lagos. Babalele was arraigned on a two-count charge of money laundering. He pleaded not guilty to the charges. His lawyer Mike Ozekhome (SAN) pleaded the court to grant him…
The funds recovered by the EFCC
The Economic and Financial Crimes Commission (EFCC) is charged with the recovery of stolen assets in Nigeria, by arresting and prosecuting offenders.
NDDC: Never too far away from scandals, controversies
Never too far away from controversy, the Niger Delta Development Commission (NDDC) has, yet again been hit by a tectonic financial scandal leading to the Economic and Financial Crimes Commission...
Atiku’s son-in-law, lawyer in EFCC custody over money laundering
The Economic and Financial Crimes Commission (EFCC) said it has in its custody, Uyi Giwa Osagie, a long-time legal adviser to Alhaji Atiku Abuakar...
EFCC charges Atiku's lawyer for money laundering
The Economic and Financial Crimes Commission (EFCC) Friday charged former Vice President Atiku Abubakar’s son-in-law Messrs Babalele and legal adviser Uyiekpen Giwa-Osagie for money laundering. A three-count charge, signed by prosecuting counsel Rotimi Oyedepo, was filed at the Federal High Court in Lagos against Giwa-Osagie and his brother. EFCC Part of the charges reads: “That you…
N1.23b fraud: Court slams N1b bail on former INEC chairman Iwu
A Federal High Court Lagos State Friday slammed a N1bn bail on a former chairman of the Independent National Electoral Commission (INEC), Maurice Iwu, for an alleged fraud of N1.23bn. The Economic and Financial Crimes Commission (EFCC) Thursday arraigned Iwu before the court on a four-count charge bordering on money laundering before a Federal High…