Speaking at the 2017 Association of National Accountants of Nigeria (ANAN) week/award day, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, lamented the eroding of moral values in the society. He said it is pathetic that treasury looters get rewarded with positions of authority and chieftaincy titles. Magu said values […]
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The Economic and Financial Crimes Commission (EFCC) has traced N2 billion to the United Bank for Africa (UBA) account of Kantigi Liman, a 2015 governorship aspirant of the Peoples Democratic Party (PDP) in Niger state. The agency said EFCC may declare Liman wanted. The discovery brings to N6 billion, the funds traced to accounts held […]
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Former governor of Rivers State and minister of transportation, Rotimi Amaechi, has filed a N500 million suit against Femi Fani-Kayode, a former minister of aviation, and Lere Olayinka, spokesman of Ayo Fayose, governor of Ekiti state. Recall that they both accused Amaechi of owning the $43 million which the Economic and Financial Crimes Commission (EFCC) […]
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Nigeria’s Minister of Transportation and former Governor of Rivers State, Mr Chibuike Rotimi Amaechi, has refuted the allegation of Governor Nyesom Wike that the $43m discovered in a flat in Ikoyi, Lagos, belongs to Rivers state government. The incumbent Rivers State governor had alleged at a press conference on Friday night, that “the money in […]
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The Governor of Rivers State Nyesom Wike, huge sums of money, uncovered by the Economic and Financial Crimes Commission (EFCC), in an apartment in the Ikoyi area of Lagos on Wednesday, belong to Rivers state. A court in Lagos has ordered forfeiture of the money. The fund which has generated a lot of controversies and […]
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A Federal High Court in Lagos on Thursday ordered the temporary forfeiture of the sum of 43million dollars, 27,800 pounds and N23 million to the Federal Government. The money was recovered by the Economic and Financial Crimes Commission (EFCC) from an apartment in the Ikoyi area of Lagos on Wednesday. The EFCC had in an […]
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In a statement released late on Wednesday, the Economic and Financial Crimes Commission, said that the whistle blowing policy of the Federal Government is paying off positively as it stormed a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos, where a […]
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A whistle blower on Tuesday led the Economic and Financial Crimes Commission, EFCC, to N4 billion suspected to be proceeds of corruption, starched in two Nigerian bank accounts. The commission disclosed this in a message sent to the media on Tuesday evening. However, EFCC did not state where and how the latest discovery was made. […]
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The Economic and Financial Crimes Commission (EFCC) in a statement issued late on Monday, disclosed that it has intercepted N250 million in various currencies at the popular Balogun market in Lagos. As contained in the statement, the discovery was made following a tip from a whistle blower. “The monies include €547,730 and £21,090 as well […]
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The Economic and Financial Crimes Commission (EFCC) on Friday recovered N449 million in an abandoned bureau de change in Victoria Island, Lagos. Wilson Uwujaren, spokesman of the commission, disclosed this in a statement, saying the commission acted based on a tip-off from a whistleblower. According to his statement, “the Economic and Financial Crimes Commission, EFCC, […]
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