Justice Adebukola Banjoko of the High Court of the Federal Capital Territory sitting in Gudu, Abuja, on Friday, April 7, 2017convicted and sentenced Jubril Rowaye, an oil marketer, to a hundred and four years imprisonment over N1.05billion subsidy fraud charge preferred against him by the Economic and Financial Crimes Commission, EFCC. In the landmark judgment […]
Continue Reading
The federal government has filed an appeal against the decision of a federal high court in Abuja that exonerated Adeniyi Ademola, a judge; Olabowale, his wife and John Agi, a senior advocate of Nigeria (SAN). Ademola is accused of receiving bribes to give favourable judgements. On Wednesday, Jude Okeke, a judge, cleared Ademola, his wife […]
Continue Reading
A Federal High Court in Lagos on Thursday ordered the final forfeiture of N1.83 billion, belonging to a former Chief of Naval Staff, Admiral Dele Ezeoba. The court made the order for permanent forfeiture of the sum, following an application by the EFCC prosecutor, Mr Rotimi Oyedepo, pursuant to section 17 of the Advanced Fee […]
Continue Reading
A federal high court in Lagos has unfrozen the Skye bank account of Patience Jonathan containing $5.8 million. The order of the court was sequel to an application argued by Adedayo Adedipe, counsel to the former first lady. Adedipe urged the court to unfreeze the account on the grounds that Jonathan was not a party […]
Continue Reading
The Economic and Financial Crimes Commission (EFCC) on Wednesday charged Diezani Allison-Madueke, former minister of petroleum resources, and three others with money laundering. Others charged alongside Allison-Madueke, who was described in the charge as “still at large”, are: Christian Nwosu, Yisa Olarenwaju and Tijani Bashir. The three men are officials of the Independent National Electoral […]
Continue Reading
Recent reports indicate that the President of the Senate Dr. Bukola Saraki may not have benefited from the Paris Club Loan Refund as has been alleged in media reports credited to the Economic and Financial Crimes Commission (EFCC). According to the report, Saraki’s aides and Robert Mbonu, his associate, diverted N3.5 billion of the funds. […]
Continue Reading
The Federal High Court, Abuja, on Tuesday admitted Andrew Yakubu, former Group Managing Director, Nigeria National Petroleum Corporation (NNPC), to N300 million bail with two sureties. Yakubu was arraigned by the Economic and Financial Crimes Commission (EFCC) on six counts bordering on non-disclosure of assets and fraud, charges to which he pleaded not guilty. Yakubu […]
Continue Reading
Senate President, Bukola Saraki, has disclosed that the report issued by the Department of State Services (DSS) was not the reason behind the senate’s refusal to confirm Ibrahim Magu as substantive chairman of the Economic and Financial Crimes Commission (EFCC). The senate president who spoke on the matter in an interview with TVC News in […]
Continue Reading
Mr Ibrahim Magu, who has been rejected as the substantive chairman of the Economic and Financial Crimes Commission (EFCC) by the Nigerian Senate, has moved to defend his integrity. After the Senate first rejected him last year December, based on a report by the DSS that questioned Magu’s moral scores for the job, President Muhammadu Buhari […]
Continue Reading
The Nigerian National Petroleum Corporation (NNPC) on Friday said it had taken measures to recover 130 million litres of petrol that evaporated from the depots of Capital Oil & Gas and MRS in Lagos. The NNPC Chief Operating Officer, Downstream, Mr Henry Ikem-Obih, made this known in Abuja in a statement by Mr Ndu Ughamadu, NNPC […]
Continue Reading