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EFCC Arrests Former NNPCL Executives Over $7.2bn Refinery Scandal

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Umar Isa, in connection with an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries. Also in EFCC custody is Jimoh Olasunkanmi, a […]

Emefiele Faces Fresh Charges Over ₦6bn Property, Proxy Accounts

The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against former Central Bank Governor, Godwin Emefiele, accusing him of illegal acquisition of 753 housing units and holding billions of naira in proxy accounts. The eight-count charge, filed at the High Court of the Federal Capital Territory in Abuja, alleges that Emefiele, in conspiracy […]

Emefiele Fights to Reclaim Forfeited 753-Unit Abuja Estate

Former Central Bank of Nigeria Governor, Godwin Emefiele, has filed an appeal at the Court of Appeal in Abuja, seeking to overturn a judgment granting the Federal Government permanent ownership of a 753-unit housing estate in Lokogoma, Abuja. The Economic and Financial Crimes Commission (EFCC) had secured the initial forfeiture order on the estate, which […]

EFCC and ICPC Recover ₦277bn and $105m in 2024, Says AGF Fagbemi

Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has announced that the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) collectively recovered ₦277 billion and $105 million in 2024. Speaking at an asset recovery summit in Abuja, Fagbemi detailed that the EFCC reclaimed over […]

FG to Sell 753 Housing Units Recovered from Emefiele

The Federal Government has taken possession of a 753-unit housing estate formerly owned by embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and plans to sell the property to members of the public. In a statement issued on Tuesday, the Ministry of Housing and Urban Development confirmed that the estate was handed over […]

Fraud Crackdown in Lagos: Jewellery, Laptops, Luxury Cars Seized in EFCC Sting

The Economic and Financial Crimes Commission (EFCC) has arrested 120 individuals suspected of engaging in cybercrime across various locations in Lagos State. In a statement posted on Monday via its official X (formerly Twitter) handle, the Commission said the arrests were made by operatives from the Lagos Zonal Directorate 1 following intelligence-led operations and sustained […]

Wrongly Accused? Bitar Cleared in CBEX Crypto Scam Investigation

The Economic and Financial Crimes Commission (EFCC) has removed a foreign national, Elie Bitar, from its wanted list over alleged fraud involving the Crypto Bridge Exchange (CBEX). Bitar had been declared wanted on 30 April for his purported involvement in a fraudulent scheme on the CBEX platform. His details were published on EFCC’s social media […]

EFCC to Probe Tompolo Over Alleged Spraying of Naira Notes

The Economic and Financial Crimes Commission (EFCC) says former militant leader, Chief Government Ekpemupolo, popularly known as Tompolo, will be questioned over an alleged case of Naira abuse. A viral video from April, reportedly filmed during Tompolo’s 54th birthday celebration, shows him dancing while a man showers him with ₦1,000 notes. The video triggered public […]

Court Adjourns Yahaya Bello Trial to June 26 Over Cross-Examination Dispute

Justice Emeka Nwite of the Federal High Court, Abuja, has adjourned the trial of former Kogi State Governor Yahaya Bello to 26 and 27 June, and 4 and 5 July, to rule on a motion by the Economic and Financial Crimes Commission (EFCC) seeking to cross-examine its third witness. The adjournment followed arguments between prosecution […]

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