Tag: EFCC Bawa

‘EFCC will get those hindering Nigerias progress’ – Bawa

Aminu Imam

…Says agency to prosecute Urzo Kalu again Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has stated that the Commission will get those hindering the progress of Nigeria. This was stated by the EFCC chairman, Bawa while speaking at a state house press briefing held in Abuja yesterday. Bawa said the EFCC is committed to ensuring that Nigeria is free of all forms of financial and economic crimes. He said the Commission has a motivated workforce leveraging on the support of every stakeholder and party both at…

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EFCC demands asset forms of banks’ MDs, DMDs, EDs

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has asked all Managing Directors of banks, their deputies and Executive Directors to submit their asset declaration forms. It was gathered that they have up to two weeks to do so or risk a 10-year jail term. The top executives are first on the list of bankers expected to declare their assets. According to a top source, the directive to the Managing Directors, Deputy Managing Directors and Executive Directors are contained in a June 1, 2021 letter to them. The source said: In…

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Recovered loot: Diezani forfeits jewellery, houses valued at N47.6bn – EFCC

Aminu Imam

Former Minister of Petroleum, Diezani Alison-Madueke forfeited assets worth N47.6 billion to the Federal Government. The EFCC Chairman, AbdulRasheed Bawa, who made this known yesterday, said the jewellery component of the assets was worth N14.6 billion. Bawa disclosed the figures before the House of Representatives ad-hoc committee investigating the status of recovered loot yesterday, in Abuja. He also said that the houses seized from the former Minister are also valued at $80million, about N32.97 billion. The total asset forfeiture is N47.57 billion. The anti-graft chairman said that Diezanis jewellery is…

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“Weve recovered $153m from Diezani” EFCC Chairman

Aminu Imam

Says he won’t pay allegiance to individuals in the govt. The Chairman of the Economic and Financial Crimes Commission, (EFCC), AbdulRasheed Bawa, said on Tuesday that the Commission has recovered a whopping $153 million from former Petroleum Minister, Diezani Alison Madueke, who has been staying in Britain since leaving office in 2015. He said apart from that, no fewer than 80 choice properties valued at $80 million has also been seized from her and handed over to the Federal Government. Bawa, who disclosed this, also served a notice that he…

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“Weve recovered $153m from Diezani” EFCC Chairman

Aminu Imam

Says he won’t pay allegiance to individuals in the govt. The Chairman of the Economic and Financial Crimes Commission, (EFCC), Abdulrasheed Bawa, said on Tuesday that the Commission has recovered a whopping $153 million from former Petroleum Minister, Diezani Alison Madueke, who has been staying in Britain since leaving office in 2015. He said apart from that, no fewer than 80 choice properties valued at $80 million has also been seized from her and handed over to the Federal Government. Bawa, who disclosed this, also served a notice that he…

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“I will resign if”, says EFCC Boss, Bawa

Aminu Imam

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has threatened to resign from the position, if he is asked to compromise. Bawa said this when he featured in a television programme on Friday. His words were posted in a statement on the EFCCs official Twitter handle. According to Bawa, We need to change our attitudes in Nigeria. We are in the habit of worshipping people that have money in the society, but never bother to ask questions about their source of income. He said, “In winning…

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EFCC to prosecute whistleblowers who provide false information

Aminu Imam

The Economic and Financial Crimes Commission (EFCC) has disclosed that it will prosecute whistleblowers who mislead the agency through false information. This warning was contained in a statement released on Friday, and signed by the spokesperson of the anti-graft agency, Wilson Uwujaren. Recall that the whistleblower policy is an anti-corruption programme that was launched in December 2016. It encourages individuals to report cases of financial mismanagement or stolen funds. According to the EFCC chairman, despite due diligence by the EFCC, scarce investigative resources have been wasted by the agency in…

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