Justice Saliu Saidu of a Federal High Court in Lagos on Thursday ordered the temporary forfeiture to the Federal Government of Flat 7B, Osborne Towers, Ikoyi, Lagos. The property housed the sums of $43.3 million, £27,800, and N23 million in cash. The judge issued the orders following an ex parte application by the Economic and […]
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The Economic and Financial Crimes Commission, EFCC, on Wednesday in Austria said it recovered loots totalling N738.9 billion or $2.9 billion between May, 2015 and October 20, 2017. Its Acting Chairman, Ibrahim Magu, stated this at the ongoing 7th Session of the Conference of the States Parties to the United Nations Convention Against Corruption holding […]
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Senate President Bukola Saraki has been named among more than 120 politicians and leaders in nearly 50 countries who have been utilising shell companies in tax havens to either conceal assets, evade tax, or launder funds. This comes 18 months after a similar investigation exposed his ownership of at least three secret offshore firms which […]
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Christian Nwosu, an ex-administrative secretary with the Independent National Electoral Commission (INEC), says the N30 million he received from Diezani Alison-Madueke, a former minister of petroleum resources, was used for logistics. Nwosu is being prosecuted by the Economic and Financial Crimes Commission (EFCC) alongside two other INEC officials, for allegedly taking a bribe of N264.88m […]
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Ayo Oke, former director-general of the National Intelligence Agency (NIA), has been summoned by the Economic and Financial Crimes Commission (EFCC), over the $43.45 million discovered in an Ikoyi apartment in Lagos state. In a statement issued on Wednesday by Wilson Uwujaren, EFCC spokesman, the commission said Folashade, wife of the intelligence officer, had also […]
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The Department of State Services (DSS) has produced Sambo Dasuki, former national security adviser, at the federal high court in Abuja for the trial of Olisa Metuh. Metuh, a former spokesman of the Peoples Democratic Party (PDP) who is being tried for alleged money laundering, had requested Dasuki to appear as a witness to defend […]
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Former President Goodluck Jonathan has asked the federal high court sitting in Abuja to quash the subpoena ordering him to appear as a witness in the ongoing trial of Olisa Metuh award N1,000,000,000 (one billion naira) for his security and travel expenses. Okon Abang, the judge handling the case, had insisted that Jonathan must testify […]
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Winifred Oyo-Ita, head of service of the federation, says she warned President Muhammadu Buhari about the reinstatement of Abdulrasheed Maina, ex-chairman of the Pension Reform Task Team (PRTT), into the civil service. Maina, who had been declared wanted by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud, was reinstated into the civil […]
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The Economic and Financial Crimes Commission has urged the Federal High Court in Lagos not to order the return of a former Minister of Petroleum Resources, Diezani Alison-Madueke, from the United Kingdom to Nigeria. As reported by the PUNCH, the anti-graft agency described Diezani’s prayer to be brought back to Nigeria as a ploy to […]
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President Muhammadu Buhari says he expects the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offence Commission (ICPC) to “proceed with investigation” involving the two top government officials he sacked some hours ago. Buhari had ordered the dismissal of Babachir Lawal, secretary to the government of the federation (SGF) and […]
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