Tag: EFCC

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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₦12.3bn alleged fraud: EFCC to arraign Oba Otudeko, ex-First Bank MD, Onasanya on Monday 

Aminu Imam
EFCC to arraign2

The Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission, (EFCC), to arraign the Chairman of Honeywell Group, Chief Oba Otudeko and a former First Bank MD, Stephen Olabisi Onasanya, for allegedly looting ₦12.3billion from First Bank. Otudeko – former Chairman of First Bank of Nigeria (FBN) Holdings –  and Onasanya are to be arraigned alongside a former Board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Ltd. connected to Otudeko. According to the EFCC, the four committed the…

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EFCC sacks 27 officers for fraudulent activities, misconduct

Aminu Imam
EFCC sacks officers

In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission, (EFCC) has, dismissed 27 officers from its workforce in 2024. According to a statement  issued by the Commission  yesterday, “The officers were dismissed for various offences bordering on fraudulent activities and misconduct.  Their dismissal, following the recommendation of the staff Disciplinary Committee of the EFCC, was ratified by the Commission’s  Executive Chairman, Ola Olukoyede. The statement further said, “Olukoyede reiterated the commitment of the Commission to zero-tolerance for corruption, warning that…

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$248m Probe: Investigators tighten the noose on el?Rufa’i 

Aminu Imam
Investigators on el?Rufa'i 2

Investigators have reportedly  discovered that the Kaduna State capital project bank account remains linked to immediate-past governor, Nasir el-Rufa’i and some of his appointees while the current governor, Uba Sani, is not a signatory. Recall that the State House of Assembly, in June this year, adopted the report of its ad-hoc committee which indicted el-Rufa’i and requested his prosecution. The lawmakers accused the ex-governor of mismanaging about N423 billion from loans obtained for the state by his administration. The report alleged that the loans were not used for their intended…

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‘Emefiele, cronies acquired 753-duplex estate  in Abuja with forex kickbacks’ – EFCC

Aminu Imam
EFCC on Emefiele

The Economic and Financial Crimes Commission (EFCC) has linked former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to a 753-duplex estate in Abuja allegedly acquired through forex kickbacks and other fraudulent activities. Court documents revealed that Emefiele and his associates used N2.2 billion, funneled through three companies, to purchase the property spanning 150,500 square meters in Lokogoma District. The EFCC claims the companies were used to launder proceeds of corruption, with payments split into N900m, N700m, and N600m. Justice Jude Onwuegbuzie, of the FCT High Court, recently ordered the…

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Iredia, Lai Moh’d, DSS DG, EFCC Chair to speak at IPI Nigeria conference

Aminu Imam
IPI Nigeria conference

Renowned media practitioner, Professor Tonnie Iredia will deliver a keynote address on: ‘Democracy, Media Freedom and the Imperative of Protecting Nigeria’s Civic Space’, at the 2024 conference of the Nigeria Chapter of the International Press Institute, (IPI Nigeria). According to an issued statement yesterday by the IPI’s Secretary, Ahmed I. Shekarau, the event will be held on December 11, at the Abuja Continental Hotel, (formerly Sheraton Hotel). The Institute will also hold its annual general conference, elect new leadership and host its members and supporters to a dinner on 12…

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Ex-AMCON MD, Ahmed Kuru, others on trial for alleged  ?125bn fraud

Aminu Imam
Ex AMCON MD, Kuru, others on trial

The Economic and Financial Crimes Commission (EFCC) has filed 6-count criminal charges against several individuals and organisations, including former Managing Director of the Assets Management Corporation of Nigeria (AMCON), Ahmed Lawal Kuru, and the Union Bank of Nigeria Plc.  The charges, according to reports, alleged their involvement in the mismanagement of funds belonging to Arik Air Limited totalling a staggering 125billion. The charges, filed at the Ikeja Judicial Division of the Lagos State High Court, October 29, 2024 is between Federal Republic of Nigeria as Complainant and Kamilu Alaba Omokide,…

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EFCC’s makes largest asset recovery since establishment

Aminu Imam
EFCC makes recovery

…As court orders forfeiture of Abuja estate with 753 duplexes  The Economic and Financial Crimes Commission, (EFCC), has achieved its largest single asset recovery since its establishment in 2003, following the final forfeiture of an estate comprising 753 duplexes and apartments in Abuja.  This was contained in an issued statement made available on the official X account of the Commission yesterday. The estate, covering 150,500 square metres in Lokogoma District, was forfeited to the federal government by order of the presiding judge, Justice Jude Onwuegbuzie yesterday, December 2, 2024. Justice…

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Yahaya Bello: Court to rule on bail application Dec. 10

Aminu Imam
Yahaya Bello court to rule

…Defendant to remain in EFCC custody The Federal Capital Territory (FCT) High Court, has fixed December 10, 2024 for rulings on the bail applications by the immediate-past Governor of Kogi State, Yahaya Bello, and two others.  The presiding judge, Justice Maryann Anenih, fixed the date after taking arguments for and against the bail request by Bello’s lawyer, Joseph Bodunde Dauda, (SAN) and the Prosecution’s Counsel, Kemi Pinheiro, (SAN). Ex-Gov Bello and two others had, on Wednesday, pleaded ‘not guilty’ to the 16-count charges brought against them by the Commission.  Bello,…

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