Tag: EFCC

Lekki, Lagos now headquarters of Internet fraud – EFCC

Aminu Imam

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, (EFCC), has said that Lekki, the fast-developing upper middle-class area of the Lagos metropolis, is emerging as the new hub of Internet scammers. This was contained in an statement, on Friday, by the EFCC spokesman, Wilson Uwujaren, titled, ‘Lekki, now a hotbed of cybercrime.’ The Commission said it arrested 402 suspected Internet fraudsters in Lekki between April and June 2021, noting that 64% of the suspects benefitted from dating scams to the tune of N8, 310,000; $349,290; £900; €10 and Cryptocurrency,…

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Court freezes jailed ex-Bank PHB MD, Atuche’s N19.1bn in 24 banks 

Aminu Imam

The Lagos State High Court, sitting in Ikeja, has ordered the freezing of the assets and funds to the tune of N19, 178, 253,050 belonging to a convicted former Managing Director of the defunct Bank PHB Plc, Francis Atuche. The presiding Judge, Justice Lateefat Okunnu, gave the order on Tuesday, August 31, 2021, following an ex parte application filed by the Economic and Financial Crimes Commission, (EFCC), on August 17, 2021. The funds, investigation showed, were domiciled in 24 different banks in Nigeria, including Citi Bank Limited; Ecobank Nigeria Limited;…

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EFCC seals Kwankwaso’s property in Kano

Aminu Imam

A property located in Kano belonging to the former governor of Kano State, Rabiu Musa Kwankwaso, has been sealed off by the Economic and Financial Crimes Commission, (EFCC). The Commission also sealed another property belonging to a senior lawyer, Barr. Sa’idu Tudun-Wada, on Ahmadu Bello Way, in Kano metropolis. It was learnt that the sealing of the former governor’s property followed an ongoing investigation that linked the property to proceeds of corruption during his tenure in office from 2011 to 2015. Recall that the building is the hospital complex the…

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Breaking: EFCC arrests ex-Gov Theodore Orji

Aminu Imam

The Economic and Financial Crimes Commission, EFCC, on Thursday arrested a former Abia State governor, Senator Theodore Orji. Giving reasons for the arrest, the anti-graft agency said Orji was arrested over his refusal to abide by the bail conditions given to him by the agency. According to a source, the former governor refused to return his international passport, which was deposited with the body after he used it to travel to Dubai for medical attention last year. The source said the former governor also declined to turn him himself for…

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EFCC quizzes, release former Senate President Bukola Saraki over renewed corruption allegation

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has released the immediate-past Senate President, Bukola Saraki from its custody, after his reported arrest yesterday over allegations of theft and money laundering. Recall that according to reports which circulated widely yesterday, the EFCC allegedly arrested the former Kwara State governor,and took him in for interrogation at the agency’s Abuja office. However, in a swift reaction late yesterday, the Abubakar Bukola Saraki Media Office denied the earlier reports, saying he was not arrested. According to an issued press statement by his Media Office,…

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“Saraki is blocking us from probing him” – EFCC tells court

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), on Wednesday, told a Federal High Court, Abuja, that the action of the former Senate President, Bukola Saraki, has been hindering the agency from probing him. The EFCC Counsel, Chile Okoronkwo, made this known to Justice Anwuli Chikere when the fundamental rights enforcement suits filed by the immediate-past senate president were mentioned in the court. Recall that the EFCC had, in 2019, said it would probe Saraki’s earnings between 2003 and 2011 when he was governor of Kwara. The commission was reported to…

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EFCC resumes $8.4m fraud case against Patience Jonathan

Aminu Imam

The Economic and Financial Crimes Commission, (EFCC), has resumed its case against ex-first lady, Patience Jonathan. Justice T.G. Ringim, of the Federal High Court sitting in Ikoyi, Lagos, yesterday adjourned till October 7, 2021 to hear a motion filed by the Commission seeking the final forfeiture of the $5.78million and N2.4billion linked to a former First Lady, Dame Patience Jonathan. The EFCC had filed an application for the forfeiture of the sums of money warehoused in Skye Bank Plc and Ecobank Plc, respectively in 2017 before Justice Mojisola Olatoregun. Following…

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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 Diezani’s jewellery is…

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‘Probe APC if you are unbiased’, PDP tells EFCC

Aminu Imam

The Peoples Democratic Party Governors Forum (PDP-GF) has expressed his dissatisfaction over the action of the Economic and Financial Crimes Commission, (EFCC), to investigate the Party. Recall that a member of the opposition party, Kassim Afegbua, in April petitioned the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over the alleged misappropriation of the Party’s funds. According to the petition, Afegbua asked that the PDP leadership account for N10 billion allegedly realised from the sale of forms in the 2019 general election.This made the anti-graft agency…

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EFCC recovers over N1bn cash from civil servant

Aminu Imam

The Chairman of Economic and Financial Crimes Commission, (EFCC), Abdulrasheed Bawa yesterday disclosed that the anti-graft agency last week recovered over N1 billion cash sitting in one bank account from a civil servant. The EFCC boss made this disclosure while appearing before the Senate Committee on Finance investigating the Internally-Generated Revenue and payment of 1% Stamp Duty by contractors on all contracts awarded by MDAs between 2014-2020. His words:  “There are a lot of leakages we need to block, it is not about generating revenue, we have recovered over a…

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