A Federal High Court in Lagos on Tuesday ordered the final forfeiture to the Federal Government the N13 billion discovered at Flat 7b , House 17, Osborne Road, Ikoyi, Lagos, in April. Justice Muslim Hassan ordered that the permanent forfeiture of the money to the Federal Government “since nobody has showed up as the owner. […]
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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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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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A Federal High Court Lagos on Thursday ordered the final forfeiture of the sum of N34 billion (153 million dollars) linked to a former Minister of Petroleum Resources, Mrs Diezani Allison-Madueke. Justice Muslim Hassan issued the order while delivering judgment in a suit by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of […]
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Diezani Alison-Madueke, former minister of petroleum resources, says every human being makes mistakes, but that she has not stolen from Nigeria. The former minister accused the Economic and Financial Crimes Commission (EFCC) of taking advantage of her silence, noting that she was prepared to face trial as long as due process is taken into consideration. […]
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Sequel to an order by a Federal High Court in Lagos, former Nigerian minister of petroleum resources, Diezani Alison-Madueke, temporarily forfeited $153.3 million to the Nigerian government on Friday. The seized money, according to the Economic and Financial Crimes Commission, was stolen from the Nigerian National Petroleum Corporation and stashed in three banks in Nigeria, […]
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