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Tag Archives: Economic and Financial Crimes Commission (EFCC)

Ikoyigate scandal: Judge orders final forfeiture to FG

EFCC-Ikoyi-home ordered monies' forfeiture

*No party showed reason why the sums are not to be forfeited Justice Muslim Hassan of the Federal High Court sitting in Ikoyi, Lagos has ordered the final forfeiture of the sums of $43,449,947, £27,800 and N23,218,000 recovered in an apartment at Osborne Road, Ikoyi, Lagos to the Federal Government. …

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Paris Club: EFCC to make two Govs to forfeit $3m, N500m

Ibrahim Magu Acting Chairman EFCC...no 222 Maina property missing anywhere

*Seek forfeiture Orders on them, prosecute suspects in the case As the plans are entering final gears for the release of the second tranche of the Paris Club monies, it is certain that two of the nation’s governors may be forfeiting the sums of $3m and N500million respectively. The Economic and …

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Paris club fund: EFCC recovers N1.4bn of N19bn consultancy

Mrs Kemi Adeosun Nigeria's Finance Minister...on the Paris Club fund

*We shall prosecute all those found guilty Economic and Financial Crimes Commission (EFCC) has recovered about N1.420 billion from some firms and a consultant who were reportedly alleged to have benefited from the N19 billion Paris club fund illegally deducted by the Nigeria Governors Forum (NGF). Out of the sum, …

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Bala Mohammed, former FCT minister, sent to Kuje prison

Bala Mohammed...heading to Kuje prison

*Under heavy police security guarding the road to the court Former Minister of the Federal Capital Territory (FCT), Bala Mohammed, has been remanded in Kuje maximum prison. Presiding judge, Justice Abubakar Talba gave the order to remand Mohammed at the Kuje Prison. This was sequel to the order given by the High Court …

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N190m corruption charge: Steve Oronsaye, former Head of Service, acquitted

Steve Oronsaye...his accusers were shopping for evidences to nail him

*Prosecution was fishing for evidences to nail him Justice Olasumbo Goodluck of the FCT High Court, Maitama, on Tuesday discharged former Head of the Civil Service of the Federation, Steve Oronsaye, of the N190 million corruption charges levelled against him. The judge ruled that the prosecution failed to establish its …

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EFCC increases charges against Jonathan’s cousin, Robert Azibaola, wife

Robert Aziboala...tried with his wife by EFCC

*Matter continues in court today Economic and Financial Crimes Commission (EFCC) on Thursday amended the charges filed against former President Goodluck Jonathan’s cousin, Robert Azibaola and his wife Stella. Mr. and Mrs. Azibaola had prior to Thursday’s hearing been facing trial for the alleged diversion of $40 million on a …

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Corruption: Bukola Saraki’s continuation as Senate President immoral- APC chieftain

Bukola Saraki...was his acquittal just and fair?

*He should resign now Following the suspension of the Secretary to the Government of the Federation (SGF) Engineer Babachir David Lawal, over corruption allegations, a National Ex-officio of the ruling All Progressives Congress (APC) Hon. Yekini Nabena has said that it is immoral for the incumbent Senate President, Dr. Bukola …

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EFCC has recovered N17billion in four months – Magu

Ibrahim Magu Acting Chairman EFCC...no 222 Maina property missing anywhere

*We secured 140 c0nvictions *Details of the recoveries highlighted Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has disclosed that the organisation have recovered over N17billion in the last four months. Magu stated this, while speaking at the 2017 Association of National Accountants of Nigeria (ANAN) …

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Corruption: Save Our Sports drags Habu Gumel, NOC to EFCC

Engineer Habu Gumel of the Nigeria Olympic Committee (NOC)...may be facing the EFCC over alleged corruption issues

*Fall out of Sports Federation election guidelines By Oluwole Francis With the twist of events, a group, Save Our Sports, will today be dragging the outgoing President of the Nigeria Olympic Committee (NOC), Engineer Habu Gumel, to the EFCC for corruption-related allegations while calling on the Federal Government to stand up …

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