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EFCC seizes Malami’s passport over probe into alleged $490m Abacha loot

The Economic and Financial Crimes Commission (EFCC) has seized the international passport of former Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, as part of investigations into the whereabouts of an alleged $490 million Abacha loot recovered through a Mutual Legal Assistance (MLAT) process. A credible EFCC source said on […]

EFCC Summons Former Attorney-General Malami for Interview

The Economic and Financial Crimes Commission (EFCC) has summoned the immediate past Attorney-General of the Federation, Mr. Abubakar Malami. The invitation, contained in a letter dated 24 November, scheduled the former minister to appear before investigators on Friday, 28 November. “The Commission is investigating a case for which the need to obtain certain information from […]

Former Minister Sylva Hunted by EFCC in Multi-Million Dollar Refinery Fund Case

The Economic and Financial Crimes Commission (EFCC) has declared former Governor of Bayelsa State and former Minister of Petroleum Resources, Mr. Timipre Sylva, wanted. In a statement signed by its spokesperson, Mr. Dele Oyewale, on Monday, the commission alleged that Mr. Sylva is wanted for conspiracy and the dishonest conversion of $14,859,257. According to the […]

Mompha to face trial: Court says EFCC has case in ₦6bn laundering charge

The Ikeja Special Offences Court in Lagos on Tuesday dismissed a no-case submission filed by internet celebrity Mr. Ismaila Mustapha, popularly known as Mompha, in his ongoing ₦6 billion money laundering trial. Justice Mojisola Dada ruled that the Economic and Financial Crimes Commission (EFCC) had established a prima facie case against Mr. Mustapha and his […]

EFCC Arraigns Three Men, Vessel over ₦12bn PMS Theft

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a vessel, MT Ostria, and three men before an Ikeja Special Offences Court over the alleged theft of Premium Motor Spirit (PMS) valued at ₦12 billion. The defendants — Raymundo Panaligam and Roneno Villarin, both officials of the vessel, and Vincent Wayas, a staff member […]

EFCC Recovers ₦566bn, $411m and Over 1,500 Assets in Two Years — Olukoyede

The Economic and Financial Crimes Commission (EFCC) has recovered over ₦566 billion, $411 million, and 1,502 properties in the past two years under the leadership of its Chairman, Ola Olukoyede. Olukoyede, represented by Wilson Uwujaren, the Commission’s Director of Public Affairs, disclosed this on Thursday during a press briefing in Abuja to mark his second […]

EFCC Secures 7,000 Convictions, Recovers Over ₦500bn in Assets — Shettima

The Economic and Financial Crimes Commission (EFCC) has recovered assets valued at over ₦500 billion, Vice President Kashim Shettima announced on Monday. He disclosed this while declaring open the seventh edition of a three-day capacity-building workshop for judges and justices, jointly organised by the EFCC and the National Judicial Institute (NJI) in Abuja. Representing President […]

$6,000 and £53,000 Mystery: EFCC Probes Airport Travellers Caught with Hidden Cash

The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into two travellers apprehended with undeclared foreign currencies amounting to over $6,180 and £53,415 at the Murtala Muhammed International Airport, Terminal 2, Lagos. The EFCC disclosed this in a statement on Saturday signed by its Head of Media and Publicity, Dele Oyewale. According to […]

EFCC Witness: Obadina Collected ₦2.1bn Dasuki Fund Without Executing Contract

An Economic and Financial Crimes Commission (EFCC) witness, Bello Umar, has told the Federal High Court in Abuja how Olugbenga Obadina, Chairman and Chief Executive Officer of Almond Projects Limited, received ₦2.1 billion from the Office of the former National Security Adviser, Col. Sambo Dasuki (rtd.), without executing any contract. Umar, the first prosecution witness […]

Emefiele’s $4.5bn Trial Stalls as EFCC, Defence Clash Over

The ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, suffered a setback on Tuesday after a heated disagreement between defence lawyers and the Economic and Financial Crimes Commission (EFCC) over the forensic analysis of an iPhone tendered in evidence. At the resumed hearing before Justice Rahman Oshodi of the Lagos High […]

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