Court jails The Vanguard’s ex-chief accountant seven years for fraud
A Lagos High Court sitting in Ikeja has sentenced a former Chief Accountant of Vanguard Newspapers, Bhadmus Abiodun, to seven years imprisonment for fraud.
DNFIs safe havens for money-laundering, says Magu
Acting Chairman of Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has described Designated Non-Financial Institutions...
Buhari to open EFCC’s Anti-Corruption Summit on Tuesday
President Muhammadu Buhari will on Tuesday, June 11, declare open a National Democracy Day Anti-corruption Summit. Mr Tony Orilade, EFCC’s Acting Head, Media and Publicity made this known in a statement in Abuja on Saturday. Orilade said that the summit would hold at the Congress Hall, Transcorp Hilton, Abuja by 11 am. The summit is…
EFCC operatives visit MTN office, quiz management
The Economic and Financial Crimes Commission (EFCC), yesterday, stormed the Falomo office of telecommunications firm, MTN.The raid, according to information gathered by The Guardian, was not unconnected to the recently share listing of MTN....
Africa seeks return of stolen assets from Europe, U.S., others
Heads of anti-corruption agencies have requested governments in Europe, United States and other jurisdictions to speedily repatriate stolen assets belonging to African nations.
‘EFCC recovered over N3b in four months, deposited over N5 billion’
The Economic and Financial Crimes Commission (EFCC) has recovered over N3 billion from looters between January and April 2019, The Guardian learnt. A source close to the commission disclosed that the monies were recovered from 16 individuals and business organisations, adding: “N2,244,500,000.00 was forfeited by one Adesola Amosun, N190,828,978,15 by Olugbenga Gbadebo, N101,000,000.00 by Solomon…
Anti-graft agency arrests FIRS official for alleged N2b fraud
The Economic and Financial Crimes Commission (EFCC) has arrested the Coordinating Director, Support Service Group of the Federal Inland Revenue Service (FIRS), Peter Hena, for an alleged N2.1 billion scam.
EFCC arrests train ticket racketeers in Abuja, Kaduna
Operatives of the Economic and Financial Crimes Commission (EFCC), Abuja Zonal Office, have arrested five suspected train ticket racketeers.
EFCC arrests customs’ boss impersonator
The Economic and Financial Crimes Commission, (EFCC), Ilorin Zonal Office on February 20, 2019, arrested one Azeez Yakubu Afolayan for impersonating the Comptroller General, Nigeria Customs Service, Col. Hameed Ali (retd) and using his name to scam job seekers. EFCC’s acting spokesperson, Tony Orilade in a statement yesterday in Abuja noted that Afolayan was arrested…
Court orders forfeiture of N1.04bn traced to Patience Jonathan
The Economic and Financial Crimes Commission, (EFCC), has secured an interim forfeiture of the sum of N1, 000,494,000 (One Billion, Four Hundred and Ninety Four Thousand Naira) only lodged in three deposits with Fidelity Bank Plc. on 20th and 25th May, 2015.