Tag: Alleged fraud

Alleged Frauds: Court adjourns trial of Ex-AMCON MD, Kuru, Arik Air Executives, others

Aminu Imam
Court on trial of Ex AMCON

Ahmed Kuru is facing trial alongside Capt. Roy Ilegbodu, Managing Director of Arik Air; Kamilu Omokide, Receiver Manager of Arik Air; Union Bank of Nigeria Plc; and Super Bravo Limited.  Justice Mojisola Dada, of the Special Offences Court sitting in Ikeja, Lagos State, has adjourned the trial of Ahmed Kuru, a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), and four others over alleged fraud amounting to ₦76 billion and $31.5 million.  The matter has been rescheduled for further hearing on July 1, 2025. Ahmed Kuru is…

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Alleged ₦2.5bn scam: EFCC arrests ex-Plateau Speaker, 14 others

Aminu Imam
EFCC arrests ex Speaker

The Economic and Financial Crimes Commission, (EFCC) has arrested a former Speaker of the Plateau State House of Assembly, Moses Thomas Sule, alongside 14 former lawmakers, over allegations of money laundering and abuse of office. The suspects were arrested by operatives of the EFCC’s Makurdi Zonal Directorate on Tuesday, following petitions from concerned citizens in the state. According to a statement released by the Commission, the former legislators allegedly violated provisions of the Money Laundering (Prevention and Prohibition) Act, 2022, and were also implicated in procurement irregularities. The 14 others…

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Appeal Court acquits Ex-NIMASA DG of ₦754.8m fraud charges

Aminu Imam
A'Court acquits Ex NIMASA DG

The Court of Appeal, Lagos Division, has discharged and acquitted a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, of alleged ₦754.8 million fraud. In a unanimous decision delivered yesterday, the appellate court allowed Akpobolokemi’s appeal, set aside the ruling of the Ikeja High Court which had dismissed his no-case submission, and quashed the 12-count charge filed against him by the Economic and Financial Crimes Commission, (EFCC). Recall that the EFCC had accused Akpobolokemi of conspiracy, stealing, and forgery in connection with alleged illegal transfers…

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“Billions missing, no projects in sight” – Group alerts EFCC on alleged fraud in Zamfara

Aminu Imam
Zamfara group alerts EFCC

A civic advocacy group, Zamfara Accountability and Development Coalition (ZADC), has accused top officials in the state of diverting funds meant for local government development. In a statement it issued yesterday signed by Salisu Bako Maradun, its president, the group alleged that a “self-serving alliance” involving some commissioners serving in the state government is responsible for the alleged fraud. Part of the statement read: “These individuals have captured the financial architecture of Zamfara’s 14 local governments. Their actions amount to economic sabotage and a betrayal of public trust”. ZADC alleged…

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Alleged ₦2.5bn fraud: Court acquits ex-NBC DG, Modibbo

Aminu Imam
Court acquits Modibbo2

The Federal High Court in Abuja has discharged and acquitted former Director-General of the National Broadcasting Commission (NBC),  Is’haq Modibbo Kawu, of allegations related to a ₦2.5 billion fraud. In a judgment delivered yesterday, Justice Folashade Ogunbanjo-Giwa ruled that the Independent Corrupt Practices and Other Related Offences Commission (ICPC) failed to provide sufficient evidence linking Modibbo to any crime. The court noted that witness testimonies were inconsistent, and as a result, Modibbo was cleared of the five-count amended charge brought against him, Dipo Onifade, and Pinnacle Communications Ltd. The case…

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Alleged ₦167bn MDAs fraud: SERAP sues Tinubu over failure to prosecute contractors

Aminu Imam
SERAP Tinubu

The Socio-Economic Rights and Accountability Project, (SERAP), has filed a lawsuit against President Bola Tinubu over “the failure to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to name and ensure the prosecution of the contractors who collected over ₦167 billion from 31 ministries, departments and agencies (MDAs) but failed to execute any projects”. Joined in the suit as Respondent is the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, (SAN). In the suit, filed last Friday at the Federal High Court, Lagos,…

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ICPC arrests ex-Naval Chief over alleged ₦3bn fraud

Aminu Imam
ICPC arrests ex Naval Chief

The Independent Corrupt Practices and Other Related Offences Commission, (ICPC), has arrested Adam Imam Yusuf, a Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State, over the alleged diversion of more than ₦3 billion. Yusuf, who was at large for more than a year, was taken into custody from his residence in Gwagwalada, Abuja, and is set to face prosecution. According to the ICPC investigations, former Chief of Naval Staff, Vice-Admiral Usman Jibrin (rtd.), allegedly orchestrated the fraud through Yusuf and former Brigadier-General Ishaya Bauka…

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EFCC given 72 hrs to arrest el-Rufa’i over alleged misuse of ₦423bn

Aminu Imam
EFCC to arrest el Rufa'i

The Economic and Financial Crimes Commission (EFCC) has been given a 72-hour ultimatum to arrest former governor of Kaduna State,Nasir Ahmed el-Rufa’i over alleged misuse of over ₦423 billion while at the helm of affairs in the State. The Northern Christians Accord (NCA) behind the call, in a statement issued on Thursday, noted that it was long overdue for the EFCC to arrest and probe el-Rufa’i on the alleged committal of the infraction. Led by Gideon Jato, the group wondered why it would take the EFCC such a long time…

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Alleged N2.8bn faud: ‘Sirika awarded contract to unqualified coy’ – Witness

Aminu Imam
Alleged Sirika faud

The trial of former Minister of Aviation, Hadi Sirika, continued on yesterday, with the Fifth Prosecution Witness, (PW5), Musa Odiniyan informing Justice S. C. Oriji of the Federal Capital Territory (FCT) High Court that the company, Al-Buraq Global Investment was not qualified for the contract awarded for the repairs of Katsina Airport by the ministry under the leadership of the first defendant. The Economic and Financial Crimes Commission, (EFCC) is prosecuting Sirika and 3 others:  Fatima Hadi Sirika, Jalal Sule Hamma and Al Buraq Global   Investment on six -count amended…

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₦33.8bn fraud: “I recv’d more than ₦22bn from Power Ministry” – BDC Operator 

Aminu Imam
BDC Operator on Power Minister

The trial of former Minister of Power, Saleh Mamman continued yesterday at the Federal High Court, Abuja, presided over by Justice James Omotosho with the Economic and Financial Crimes Commission (EFCC) presenting its 8th witness. The witness, a Bureau de-change (BDC) operator, Abdullahi Suleman, narrated how more than ₦22 billion was allegedly siphoned from the Federal Ministry of Power while Mamman was Minister.  He said the Naira equivalent of the money was exchanged for United States dollars through his  business accounts.  Recall that Mamman is being prosecuted by the EFCC…

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