The Economic and Financial Crimes Commission, EFCC, has warned hotel owners across the country to be wary of allowing internet fraudsters to congregate or hibernate around their facilities. The Commission gave the warning on Tuesday September 14, 2021 on the heels on an operation by the Ibadan Zonal Command of the agency that led to…
The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned two siblings for allegedly diverting donations of over N55m meant to assist cancer patients. The duo, Michael Yusuf Michael and Martha Daniel Yusuf were arraigned before Justice Hannnatu A.L Balogun on an eight count charge bordering on obtaining by false pretence.…
The Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, September 7, 2021 arraigned one Bukar Mohammed before Justice Aisha Kumaliya of the Borno State High Court, Maiduguri. He was arraigned on a one-count charge of obtaining by false pretence to the tune of N43, 328, 000.00 (Forty-Three Million, Three Hundred…
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. Justice Lateefat Okunnu gave the order on Tuesday, August 31, 2021, following an ex parte application…
Justice Tijjani Garba Ringim of the Federal High Court sitting in Ikoyi, Lagos has ordered the interim forfeiture of the funds as well as properties traced to the suspended aide to Governor Dapo Abiodun of Ogun State, Abidemi Rufai. Justice Ringim gave the order, following an ex parte application filed by the Economic and Financial…
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has warned celebrities and social media influencers to stop promoting fraudulent businesses or face arrest. Speaking during an engagement at the Commission’s headquarters in Abuja, the EFCC boss urged them to use their platforms and crafts to educate Nigerians and promote the fight…
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has urged banks in the country to investigate the kind of businesses their potential customers does before opening an account for them. Bawa made this known on Tuesday when members of the Association of Chief Audit Executives of Banks in Nigeria, ACAEBIN, led…
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has sought greater collaboration with financial institutions in the country as a way of tackling fraudulent election financing, foreign exchange malpractices and money laundering. Speaking on Thursday, August 19, 2021 during an interactive session with managing directors of banks in Nigeria at the…
The Economic and Financial Crimes Commission, Abuja Zonal Command on Wednesday, August 18, 2021 arraigned Princess Carol Ngozi alongside her company, Carolina Luxury Homes. She was arraigned before Justice Hamza Muázu of the High Court of the Federal Capital Territory, Maitama Abuja on a 30-count charge bordering on obtaining by false pretence. She allegedly on…
Justice M.M. Abubakar of Bauchi State High Court, Bauchi on Monday, August 11, 2021 convicted and sentenced Sarita Aliyu Hello, Managing Director of Workman Microfinance Bank, Bauchi, to four years imprisonment. She was sentenced on a two -count charge bordering on misappropriation and forgery brought against her by the Economic and Financial Crimes Commission, EFCC.…