Home / Tag Archives: Economic and Financial Crimes Commission (EFCC) (page 5)

Tag Archives: Economic and Financial Crimes Commission (EFCC)

Senate again rejects Ibrahim Magu as EFCC Chairman

Dr Bukola Saraki and Mr Ibrahim Magu

*Does SSS have any credibility? He asks *Presidency may have to shop for another candidate or present him for fourth time By Sandra Onyekwere Senate of the Federal Republic of Nigeria has for the umpteenth time rejected the nomination of Ibrahim Magu as the substantive chairman of the Economic and …

Read More »

Court orders forfeiture of N3.5b, $68,000, properties of ex-NAMA MD, employees

EFCC...need for justice and fairplay

*Several others affected named by Court Order Justice Oluremi Oguntoyibo of the Federal High Court in Lagos has ordered the temporary forfeiture of N3.5 billion and $68,000 belonging to the top managers of the Nigerian Airspace Management Agency (NAMA) and its Managing Director, Ibrahim Abdulsalam. Justice Oguntoyibo made the interim …

Read More »

$9.7m: EFCC slams six count charge against Andrew Yakubu, ex-NNPC boss

*His final prosecution is in Abuja Economic and Financial Crimes Commission (EFCC) on Friday slammed a six-count charge on a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu. The charge was contained in court papers filed on the 9th March at the Federal High Court, …

Read More »

Former Adamawa governor, Bala Ngilari, sent to jail for corruption

*I will challenge that decision in the Appeal Court In what seems to be the biggest anti-corruption trial under this government, a Yola High Court on Monday sentenced former governor of Adamawa State, Barrister James Bala Ngilari, to five years in prison without the option of fine. He was found …

Read More »

Former Perm Sec, Godknows Igali, to lose 47 cars to FG

*EFCC headquarters building price variation in trouble Former Permanent Secretary in the Power Ministry, Godknows Igali, ‎has forfeited 47 brand new SUV cars to the Federal Government. According to the Economic and Financial Crimes Commission (EFCC), the cars were seized in the Utako residence of the former Permanent Secretary in …

Read More »

Heritage Bank is strong, healthy – Management

Management of Heritage Bank has described as malicious and untrue report trending in some online media that the Bank should be shut down. The story is about the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with a customer, Geonel Integrated …

Read More »

Osinbajo raises alarm over quality of corruption in civil service

*It will cause national tragedy Acting President, Prof Yemi Osinbajo, says the nation faces a monumental tragedy when civil servants enrich themselves through corrupt practices at the expense of the development of the nation. Prof Osinbajo, the greatest tragedy a nation can experience is for the civil servants to subvert …

Read More »

Ecobank account with N8.4bn, no signatory discovered

*Owners of account not known Who owns the Ecobank account in which N8.4billion has been found? This is the puzzle EFCC and the Office of the Attorney-General of the Federation’s detective are battling to resolve, following the discovery of the bank account which has no signatories. The huge deposit has been traced …

Read More »

EFCC recovers 17 exotic vehicles from ex-Customs boss, Inde

*Two persons arrested Economic and Financial Crimes Commission (EFCC) has announced the recovery of 17 exotic vehicles in a warehouse belonging to a former Comptroller-General of Customs, Abdullahi Dikko Inde. Wilson Uwujaren, Head, Media and Publicity of the commission, on Wednesday said the vehicles were recovered from Inde’s residence located …

Read More »

Shema, 3 others face 22-count charge by EFCC

Economic and Financial Crimes Commission [EFCC] Tuesday, 21st February, 2017 arraigned the former Governor of Katsina State, Ibrahim Shehu Shema and three others before Honourable Justice Maikaita Bako of the Katsina State High Court on a 22-count charge of criminal breach of trust, forgery and using same as genuine. Shema …

Read More »