Former minister of petroleum, Diezani Alison-Madueke, has accused the Economic and Financial Crimes Commission (EFCC) of lacking proper understanding of the constitutional powers of a president in managing funds meant for security/intelligence agencies. Diezani said this in response to a report that she withdrew N1.3 billion from the account of the Nigerian National Petroleum Corporation […]
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Mr Olisah Metuh, former PDP’s spokesman has been ordered to appear at the Federal High Court, Abuja for his trial on Feb. 5 or risk arrest. Justice Okon Abang gave the order on Thursday, when he delivered ruling in an application filed by Metuh, seeking an adjournment to his trial on health grounds. The judge […]
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Nigeria’s Anti-graft agency, the Economic and Financial Crimes Commission, EFCC on Wednesday evening arrested former Secretary to the Government of the Federation (SGF), Mr Babachir Lawal. Mr Samin Amaddin, Acting Head of Media and Publicity of EFCC, confirmed that Babachair who was sacked by President Muhammadu Buhari, was being investigated for alleged N223 million fraud. […]
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Senator Dino Melaye, lawmaker representing Kogi West Senatorial District, has raised an alarm over alleged corruption and operation of a secret account by the Nigerian National Petroleum Corporation (NNPC) and other joint venture companies. Melaye raised a point of order at plenary on Tuesday. He alleged that the account, which was supposed to be domiciled […]
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A Lagos Division of the Federal High Court on Friday ordered the final forfeiture of the N13 billion recovered in a flat in Ikoyi, Lagos. The money- $43,449,947; £27,800; and N23,218,000 – was stashed away in iron cabinets and ‘Ghana-must-go’ bags in the apartment at Flat 7B, Osborne Towers, Ikoyi. The Economic and Financial Crimes […]
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The Supreme Court on Friday remitted the corruption trial of PDP chieftain, Olisa Metuh, back to the Federal High Court for continuation. Metuh had asked the court to determine if it was right for the EFCC to press corruption charges against him for his involvement in a contractual agreement. The latest ruling comes after Metuh […]
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A federal high court in Lagos on Tuesday ordered Clement Onubuogo, a former permanent secretary in the ministry of labour, to forfeit the sums of N664 million and $137,000 to the federal government. Saliu Seidu, a judge, granted the order at the resumed hearing of a forfeiture suit against Onugbuogo. When the case was called, TS Awana, […]
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The Economic and Financial Crimes Commission has filed a fraud charge against Mr. Innocent Chukwuma, alias Innoson, his company Innoson Nigeria Limited and his brother Charles Chukwuma. The charge was dated 30 November, 2017 and filed at a Lagos High Court. In the case, the EFCC is accusing Innoson of obtaining containers of motorcycles spare […]
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The Economic and Financial Crimes Commission (EFCC), has released Innocent Chukwuma, chairman of Innoson Motors, on bail. He was released on Wednesday evening. Chukwuma was arrested on Tuesday in Enugu but the EFCC was silent on the details, leading to speculations that it had to do with a dispute with GTBank. But in a statement […]
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An Italian court has approved the prosecution of Royal Dutch Shell and Eni in the controversial sale of OPL 245 oil block located in an extremely rich oilfield in the Niger Delta, estimated to worth half a trillion dollars. The sale of the block has been replete with allegations of graft amid lawsuits. A judge in Milan […]
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