Rochas Okorocha, former governor of Imo State and one of the contenders for the presidential ticket of the All Progressives Congress, APC has been arrested by operatives of the Economic Financial Crimes Commission, EFCC. The arrest is not unconnected with an earlier allegation and charge that he was not able to explain some N2 billion…
EFCC Nabs Suspect with 576 ATM Cards at Kano Airport
The Economic and Financial Crimes Commission, EFCC, Tuesday, December 21, 2021 announced the arrest of Khalil Bashir Lawal with 576 ATM cards at the Mallam Aminu Kano International Airport, Kano. Lawal was nabbed Monday, December 20. According to Wilson Uwujaren, Head, Media and Publicity, operatives of the Commission intercepted Lawal in collaboration with Nigeria Aviation…
Court Stops EFCC From Investigating Dickson’s Verified Assets
The Federal High Court sitting in Yenagoa on Wednesday issued an order restraining the Economic and Financial Crimes Commission, EFCC, from investigating assets declared by former Bayelsa State Governor, Seriake Dickson, which has been verified by the Code of Conduct Bureau. The judgement pertained to assets the former governor declared between 2007 and 2020 when…
‘Don’t be used as political tool to undermine, attack political rivals’- Transparency International Advises Bawa as it Sets Agenda for New EFCC Helmsman
[responsivevoice] …Tasks him on Accountability, Transparency in Management of Recovered Assets. Global anti-corruption watchdog, Transparency International, TI has come up with its agenda for the new chairman of the Economic and Financial Crimes Commission, EFCC, 40-year-old Abdulrasheed Bawa who was grilled and confirmed by the Senate of the National Assembly on Wednesday. The TI tasked…
The New EFCC Chairman: When History Beckons on the Youth
[responsivevoice] The EFCC was created as an anti-graft agency by the EFCC (Establishment) Act of 2004. Section 2(3) thereof gives the President absolute powers to appoint the EFCC Chairman. However, this appointment is subject to confirmation by the Senate. Without such a confirmation, the appointment remains inchoate and incomplete. The President has done two right…
Alleged Money Laundering: Court Discharges Atiku’s in-law Partly for Discrepancies in Prosecution’s Statements
[responsivevoice] Justice Chukwujekwu Aneke of the Federal High Court, Lagos, judicial division, on Monday struck out the money laundering charge proffered by the Economic and Financial Crimes Commission (EFCC) against Abdullahi Babalele, the son-in-law to former Vice President, Atiku Abubakar, for being defective and disclosing no primafacie case. The judge suo motu raised the issue…
Booby Trap for Magu?
Aso Rock is facing an unenviable dilemma over the investigation of Ibrahim Magu, suspended acting chairman of the Economic and Financial Crimes Commission over alleged financial crimes. Ibrahim Magu is a cat with nine lives. He has survived several banana peels in his career as a police officer and posting to the Economic and Financial…
The Case Against Magu
It appears to be the beginning of the end for Ibrahim Magu as chairman of the Economic and Financial Crimes Commission, EFCC, with his suspension by President Muhammadu Buhari. What it suggests is that the allegations raised against him by Abubakar Malami, attorney general of the Federation and minister of justice may have merit after…
Buhari Suspends Magu
President Mohammadu Buhari has suspended Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission, EFCC, as his investigation entered the second day Tuesday at the Presidential Villa, Abuja. There had however been no official confirmation to this effect. A Presidential aide has described the allegations against Magu as weighty. The presidential aide who…
Ize-Iyamu’s Ill-health Forces Adjournment of EFCC N700m Money Laundering Case
The Federal High Court in Benin, Edo State adjourned till July 14, 2020, the N700 million alleged money laudering suit filed by the Economic and Financial Crimes Commision (EFCC), against Osagie Ize-Iyamu, governorship candidate of the All Progressives Congress, APC, and four others. The other defendants in the suit are former Edo State Peoples Democratic…
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