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Tag Archives: Economic and Financial Crimes Commission (EFCC)

Whistleblower Policy: EFCC has Recovered about N17bn – Magu

EFCC Boss, Ibrahim Magu The Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Thursday disclosed that the introduction of the whistleblower policy by the Federal Government has led to the recovery of about N17 billion by the Commission. Magu gave this hint while presenting a paper titled …

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Former Niger Governor Babangida Aliyu Remanded in Prison over N4.56bn Fraud

Babangida Aliyu A Minna High Court on Tuesday ordered the remand in prison custody of former governor of Niger state, Babangida Aliyu, who styled himself the Chief servant, while in office. He is standing trial over alleged N4.568 billion fraud and abuse of office. Aliyu was docked alongside his former Chief …

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Ikoyi Recovery: Governor Wike is a Confused Child – Rotimi Amaechi

Minister of Transportation, Rotimi Amaechi Minister of Transportation and former governor of Rivers State, Rotimi Amaechi has responded to the incumbent governor of the state Nyesom Wike’s claim that the money ($43.4m, £27,800, and N23.2m) found in an apartment in Ikoyi, Lagos by operatives of the Economic and Financial Crimes Commission (EFCC) …

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Whistleblower Policy: EFCC Uncovers $43.4m, £27,800 and N23.2m Stashed in an Apartment in Lagos

The Economic and Financial Crimes Commission (EFCC) on Wednesday uncovered yet another stash of foreign currencies and Naira notes in Lagos. At the end of counting, the sums stood at $43.4 million, £27,800 and N23.2 million, the commission said in a statement on its Facebook page. This time, the monies …

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EFCC Stops Patience Jonathan from Withdrawing from her Unfrozen Account

But she met a brickwall. The Economic and Financial Crimes Commission (EFCC) had procured a stay-of-execution of  the judgement and also simultaneously filed an appeal against the judgment given last week on 6 April by Justice Mojisola Olatoregun. News spread quickly that she visited the bank on Monday, following another visit on …

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EFCC Discovers N400m and Counting “in an abandoned Bureau de Change” | WATCH

The Economic and Financial Crimes Commission (EFCC) in a Facebook Live video said that it’s Lagos Zonal office has discovered N400m and counting in an abandoned Bureau de Change. Watch: Details later… Living & Celebrating the African Dream!Catch all the Scoop on www.bellanaija.com Follow usTwitter: @bellanaijaFacebook: @bellanaijaInstagram: @bellanaijaonline

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EFCC Report Links Saraki, his Aides & 2 Others to Alleged N19bn Fraud

Senate President Bukola Saraki A report submitted to President Muhammadu Buhari by the Economic and Financial Crimes Commission (EFCC) has linked Senate President Bukola Saraki and at least three of his aides in the ongoing probe of the alleged diversion of N19bn from the N522.74bn Paris Club refund shared among …

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Ibrahim Magu should Continue in Acting Capacity until he’s Confirmed – PACAC

Professor Itse Sagay Following the Senate’s rejection (for the second time) of Ibrahim Magu’s nomination as the substantial Chairman of the Economic and Financial Crimes Commission (EFCC), the Presidential Advisory Committee Against Corruption (PACAC) has called on President Muhammadu Buhari to allow the anti-graft chief to remain in acting capacity indefinitely. …

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EFCC Charges ex NNPC Boss Andrew Yakubu with Asset Concealment & Money Laundering

Andrew Yakubu The Economic and Financial Crimes Commission (EFCC) has slammed a 6-count charge bordering on assets concealment and money laundering, on former Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, in whose house was discovered $9.772 million and £74,000. This was disclosed in a Facebook post by the commission on Friday. …

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#DasukiGate: Court Orders Musiliu Obanikoro’s Wife to Forfeit Abuja Property Pending Conclusion of EFCC Investigation

Moroophat Obanikoro, the wife of former Minister of State (Defence), Musiliu Obanikoro, has been ordered to forfeit her property seized by the Economic and Financial Crimes Commission (EFCC) while investigating her husband. Justice Y. Halilu of the Federal Capital Territory High Court, sitting in Jabi, Abuja, ordered that the forfeiture …

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