The EFCC on June 17, 2016 secured the conviction of one Jalekun Omitawoju Yisau and nine other defendants in a case of alleged conspiracy, misappropriation and diversion of funds to the tune of N115 million. Others convicted are Afribiz Viables Ventures, Allied Aque-Forte Ventures, Manifield Mercies Ventures, Agbeloba Agrotech Ventures Ltd, Torosbury International Agency Ltd,…
A bank account belonging to Ekiti State governor, Ayodele Fayose, has been frozen by the Economic and Financial Crimes Commission, EFCC. Fayose disclosed this development on Monday, June 20, 2016, via his official Twitter handle. The governor said the account placed embargo on by the anti-graft agency is the one he operates with Zenith Bank…
The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, NEITI, Waziri Adio, has expressed the readiness of his agency to collaborate with the EFCC, in tackling corruption in the Nigeria by reporting serious infractions that violate the country’s constitution. Adio made this disclosure on Friday, June 17, 2016 during a courtesy visit to the acting Chairman…
Justice Fatun Riman of a Federal High Court, Kano, on June 9, 2016, granted the application of the EFCC, to try a former Skye Bank staff, Yagana Bukar, in absentia. Bukar was arraigned by the EFCC on a 10-count charge bordering on money laundering. The accused was first brought before the court in October 2013…
A Kano-based man, who is presently serving a four-year jail term for a separate offence, has been arraigned by the Economic and Financial Crimes Commission, EFCC. Usman Umar was brought before Justice Idrisa Kolo of the Federal High Court, Kano, on a two-count charge bordering on obtaining by false pretence. He was alleged of defrauding…
Controversial National Chairman of the Peoples Democratic Party, PDP, Ali Modu Sheriff, has been invited by the Economic and Financial Crimes Commission, EFCC, to explain his role in the interaction on the N450 million allocated to Borno State from the N23.29 billion campaign funds allegedly facilitated by ex-Minister of Petroleum Resources Mrs Diezani Alison-Madueke. It…
Managing Director, News Agency of Nigeria, NAN, Bayo Onanuga, has expressed the readiness of the agency to further support the EFCC, in its fight against corruption. Speaking during a courtesy visit on the acting chairman of EFCC, Ibrahim Magu, on Tuesday, June 14, 2016, Onanuga stated that the agency would do much more than it…
Operatives of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 14, 2016, stormed the residence of former Minister of State for Defence, Musiliu Obanikoro. During the operation, the anti money laundering agency reportedly carted away with some properties found in the house. It was gathered that some of the items taken away from…
The immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, has reacted to a report by Al-Jazeera, claiming she embezzled Nigeria’s money to acquire some properties, including a bullet proof gym and jewellery. In a statement issued by Diezani, who is presently battling with cancer, she lashed out at the foreign media organisation and the Economic…
A pan-Yoruba socio-political group called Afenifere has asked for the immediate release of former Minister of Aviation, Femi Fani-Kayode. This demand was made by the popular group on Monday in a release issued by its National Publicity Secretary, Yinka Odumakin. Afenifere pointed out that it would be five weeks on Wednesday that Fani-Kayode has been…