Salami Panel recommends Magu’s sack

Ø  Says next EFCC chairman should come from outside Police  Emerging report has revealed that the sack of Ibrahim Magu, as the acting chairman of the Economic and Financial Crimes Commission (EFCC), who is a police commissioner, has been recommended by the Judicial Commission of Inquiry on his investigation, headed by Justice Ayo Salami panel. The Justice Salami Panel, which submitted its report to President Muhammadu Buhari yesterday, also requested the president to appoint a new EFCC chairman in an interim position for two years. The panel also recommended that President Buhari…

Read More

‘I want Nigeria listed among countries that fight, not tolerate corruption’ – Buhari

President Muhammadu Buhari yesterday said his desire is to make Nigeria a country that has no tolerance for corruption, but rather, one where the menace is vigorously battled.  He said this yesterday, while receiving the report of the Judicial Commission of Inquiry on the Investigation of Ibrahim Magu, Ag. Chairman of the Economic and Financial Crimes Commission (EFCC), headed by Justice Ayo Salami (rtd), at State House, Abuja.  In order to protect Nigeria’s political and economic systems, and the continuous existence of the Nigerian State from the serious threat of corruption, President…

Read More

Breaking! Salami panel recommends Magu’s sack

Emerging report has revealed that the sack of Ibrahim Magu, as the acting chairman of the Economic and Financial Crimes Commission (EFCC), who is a a police commissioner, has been recommended by the Judicial Commission of Inquiry on the Investigation of Ibrahim Magu, headed by Justice Ayo Salami panel. The Justice Ayo Salami panel, which submitted its report to President Muhammadu Buhari today, also requested the president to appoint the new EFCC chairman in an interim position for two years. The panel also recommended that President Buhari should also look outside…

Read More

Malta citizenship: EFCC re-arraigns man over alleged 40,000 euros scam

The Economic and Financial Crimes Commission (EFCC) has re-arraigned one Abiodun Sodiq, before an Ikeja Special Offences Court, for allegedly defrauding a businessman of 40,000 euros over Malta citizenship. Sodiq was re-arraigned on a seven-count charge involving forgery and conspiracy to which he pleaded not guilty. According to Nkereuwem Anana, the EFFC prosecutor, the defendant known with the alias, Bunmi Sodiq, committed the offences between May 14 and July 23, 2019. “He defrauded a businessman, Babatunde Emmanuel of 40,000euros under the guise that the funds would be used for the…

Read More

Navy hands over “Smugglers” abandoned barge to EFCC

The Nigerian Navy handed over a barge laden with unspecified quantity of adulterated diesel and abandoned by suspected smugglers to the EFCC on Friday in Port Harcourt. The barge was handed over to the EFCC by Cdr. Suleiman Mohammed, First Lieutenant, NNS Pathfinder Mohammed said the suspected smugglers abandoned the barge, MVJ Favour 1, and fled on sighting Navy gunboats on routine patrol at the creeks in Rivers on Oct. 13. “The suspects fled when NNS Pathfinder patrol gunboat intercepted the barge, which it suspected of engaging in illegal oil…

Read More

Dasuki’s co-defendant claimed N2.2bn was spent on prayers against B/Haram – Witness

An Economic and Financial Crimes Commission (EFCC) investigating officer, Adariko Michael, yesterday said that one of the defendants standing trial for arms procurement fraud told the commission that N2.2 billion was spent on prayers in Nigeria and Saudi Arabia to win the war against insurgency in the country. Michael, who was giving evidence as the first prosecution witness in the trial of former National Security Adviser,c for alleged two $2billion dollars arms deal fraud, said N750million was allegedly transferred from the ONSA special account to Reliance Referral Hospital Limited’s account…

Read More

EFCC re-arraigns ex-NIMASA D-G over alleged N156m fraud

The Economic and Financial Crimes Commission, (EFCC), yesterday re-arraigned a former Director-General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Haruna Jauro, in a Federal High Court, in Lagos for alleged N156.4 million money laundering.  The defendant was arraigned alongside one Dauda Bawa and Thlumbau Enterprises Ltd. on nineteen counts bordering on money laundering before Justice Chuka Obiozor.  The defendants were first arraigned before Justice Mojisola Olatoregun (now retired) on April 12, 2016 on 19 counts bordering on N304.1 million money laundering. They had pleaded not guilty to the charges…

Read More

Just In! Alleged N5bn fraud: EFCC arrests former FIRS Chairman, Tunde Fowler

The Economic and Financial Crimes Commission, (EFCC) has arrested a former Chairman of the Federal Inland Revenue Service,(FIRS)Babatunde Fowler, over an alleged N5bn fraud perpetrated under his watch.According to Sahara Reporters,Fowler, a long-time ally of the national leader of the All Progressives Congress,(APC) Bola Ahmed Tinubu, is currently being interrogated at the Lagos office of the EFCC. Details later…

Read More

Court fixes Oct. 19 for Alleged N2bn fraud Maina’s trial

A Federal High Court has fixed October 19, for continuation of trial of  Abdulrasheed Maina, ex-Chairman, Pension Reformed Task Team (PRTT). The registry gave the date, following the absence of Justice Okon Abang of the Federal High Court, Abuja  and Maina on Monday. Also, the trial of a Briton, James Nolan, over his alleged complicity in the 9.6 billion dollars judgment against Nigeria in the Process and Industrial Developments Limited (P&ID) scam. The court registrar announced that Monday’s sitting would not be holding because Justice Abang was attending a seminar. Maina had, on…

Read More

Fraud: Court freezes Lagos Speaker, Obasa’s accounts

A Federal High Court sitting in Lagos on Thursday ordered the interim freezing of three bank accounts belonging to the Speaker of the Lagos State House of Assembly, Mudashiru Obasa. The three accounts domiciled in Standard Chartered Bank and the funds placed in them are to be temporarily frozen pending the conclusion of the investigation and possible prosecution of the allegations of fraud made against the Speaker. Justice Nicholas Oweibo made the order pursuant to a motion ex-parte filed by the Economic and Financial Crimes Commission, EFCC which is investigating…

Read More