Author: Staff Editor
Vice President Kashim Shettima on Tuesday credited the Economic and Financial Crimes Commission (EFCC) with playing a key role in Nigeria’s removal from the Financial Action Task Force (FATF) grey list, saying the agency’s anti-corruption and anti-money laundering efforts have strengthened investor confidence and supported the country’s economic reforms. Shettima made the remarks during the official commissioning of the EFCC’s new zonal office in Ado-Ekiti, Ekiti State, where he also reaffirmed the Federal Government’s commitment to strengthening anti-corruption institutions through improved infrastructure, welfare, operational independence, and training. According to the Vice President, the EFCC has become a critical institution in…
The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned a self-styled native doctor, Olorunbukunmi Taiwo, and his wife, Awolegan Omolola Omotola, over an alleged contract scam amounting to ₦1,098,961,500 (One Billion, Ninety-Eight Million, Nine Hundred and Sixty-One Thousand, Five Hundred Naira only). The couple were arraigned before Justice Abubakar Usman of the Federal High Court sitting in Ado-Ekiti on a six-count charge bordering on obtaining money by false pretence and retention of proceeds of crime, contrary to Section 17(a) of the EFCC (Establishment) Act, 2004. Taiwo and Omotola were arrested following a petition to the…
A former Ogun Central senator, former Commissioner for Health, and daughter of former President Olusegun Obasanjo, Senator Iyabo Obasanjo, has resigned her membership of the All Progressives Congress (APC), citing persistent disrespect, rejection, and unfair treatment by the party’s leadership in Ogun State. Obasanjo, who recently contested for the party’s governorship ticket in the state, announced her resignation in a letter dated May 31 and addressed to the Ogun APC Chairman, Chief Yemi Sanusi. A copy of the letter was made available to journalists in the state capital. The former lawmaker criticised the consensus process that produced Senator Adeola Solomon…
Justice Rahman Oshodi of the Special Offences Court, Ikeja, Lagos, on Friday, June 5, 2026, convicted and sentenced one Chukwuemeka Udezuka to 12 years’ imprisonment for stealing a total sum of ₦64,060,000 (Sixty-Four Million, Sixty Thousand Naira). The judgment followed the court’s finding that the defendant was guilty of a four-count charge of stealing filed against him by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC). Udezuka, alongside his company, Mezu Connection Investment Limited, was accused of collecting funds from four victims under the pretext of helping them convert naira to United States dollars at…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has stated that sports serve as a unifying tool for youths across the country in the fight against internet fraud. He made this known in Abuja on Thursday, June 4, 2026, during a courtesy visit to the President of the Organization of Military Sports in Africa (OSMA), Maikano Abdullahi. Olukoyede, who spoke through the Head of EFCC Sports, Assistant Commander of the EFCC (ACE II), Halilu Dauda, a member of the delegation of the Association of Directors of Sports from the Armed Forces, Police, and Paramilitary Agencies,…
More than 11 years after the Economic and Financial Crimes Commission (EFCC) arraigned former Benue State Governor, Gabriel Suswam, and his former Commissioner for Finance, Omodachi Oklobia, over an alleged ₦3.1 billion fraud, the high-profile case remains unresolved amid a series of adjournments, judicial reassignments, and procedural delays. The case, which is currently before Justice Peter Lifu of the Federal High Court, Abuja, has become one of the longest-running corruption trials involving a former state governor in Nigeria. The EFCC first arraigned Suswam and Oklobia on November 4, 2015, on allegations bordering on money laundering and the diversion of funds…
Justice D.I. Dipeolu of the Federal High Court, Ikoyi, Lagos, on Friday, June 5, 2026, reserved ruling until June 9, 2026, on the bail application filed by social media influencer, Okoro Blessing Nkiruka (a.k.a. Blessing CEO), who is standing trial over an alleged ₦36 million fraud. The defendant is facing a two-count charge filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), bordering on obtaining money by false pretence and stealing to the tune of ₦36 million. During the hearing of the bail application, counsel to the defendant, P.I. Nwafuru, urged the court to…
The trial of five defendants, including Indian nationals, a British citizen, and foreign-registered companies over an alleged $42.5 million rice import fraud involving Ecobank Plc, was stalled on Thursday at the Federal High Court in Lagos after the trial judge, Justice Akintayo Aluko, recused himself from the case following allegations of misconduct and bias. The defendants — Prem Garg and Devashish Garg (Indian nationals), Marcus Wade (a British citizen), Agrico Agbe Limited, and Wilben Trade Limited — are standing trial on a five-count charge bordering on conspiracy, obtaining by false pretence, cheating, and conversion in connection with alleged fraudulent rice…
Human rights lawyer Femi Falana (SAN) has given the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), a 14-day ultimatum to initiate the recovery of $120.5 billion and N66.4 billion allegedly owed to the Federation Account by the Nigerian National Petroleum Company Limited (NNPCL), international oil companies, and other operators in the oil and gas sector. In a letter dated June 2, 2026, written on behalf of the Alliance on Surviving COVID-19 and Beyond (ASCAB), Falana cited court judgments, government reports, and findings by oversight agencies, claiming that the funds comprise uncollected royalties, proceeds of crude…
The Economic and Financial Crimes Commission (EFCC), on Wednesday, June 3, 2026, arraigned the Managing Director of Abu-Haneefa Oil and Gas Ltd, Musa Farouk Abubakar; his company, Abu-Haneefa Oil and Gas Ltd; and one Sandra Chizoba Attoh before Justice Obiora Egwuatu of the Federal High Court, Maitama, Abuja, over an alleged fraud. They were arraigned on an amended 15-count charge bordering on conspiracy, fraud, corruption, and money laundering to the tune of ₦691,677,310.00 (Six Hundred and Ninety-One Million, Six Hundred and Seventy-Seven Thousand, Three Hundred and Ten Naira). Count 10 of the charge reads: “That you, Musa Farouk Abubakar, being…