Tag "EFCC"

    Witness: How Shehu Sani asked me for N5m to bribe judges, EFCC

Witness: How Shehu Sani asked me for N5m to bribe judges, EFCC

Sani Dauda, a prosecuting witness in the trial of Shehu Sani, has told a federal high court in Abuja of how the former senator allegedly demanded N5 million bribe from him. According to a statement by the Economic and Financial Crimes Commission (EFCC), Dauda, who owns ASD Motors, said Sani told him when they met in November 2019, that the money [...]

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    Presidential committee: Magu is a victim of power play led by Malami

Presidential committee: Magu is a victim of power play led by Malami

The Presidential Advisory Committee Against Corruption (PACAC) says Ibrahim Magu is a victim of power play in the presidency. TheCable had reported how the acting chairman of the Economic and Financial Crimes Commission (EFCC) was whisked away by a combined team of Department of State Services (DSS) operatives and officers from the Force Criminal Investigation Department (FCID) on Monday and [...]

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    EFCC’s Magu ‘arrested’: When the hunter becomes the bush meat 

EFCC’s Magu ‘arrested’: When the hunter becomes the bush meat 

‘’It has been long coming. Expect things to be done differently from now on,’’ a source in the thick of things told me regarding the ‘’arrest’’ of Ibrahim Magu, acting EFCC chairman, by security operatives. Magu’s fall – even though delayed – preceded him. He walked on molten magma. He had chalked up lots of professional liabilities before he became the [...]

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    ‘N700m fraud’: Absence of judge stalls Ize-Iyamu’s trial

‘N700m fraud’: Absence of judge stalls Ize-Iyamu’s trial

The trial of Osagie Ize-Iyamu, candidate of the All Progressives Congress (APC) in the Edo governorship election, has been stalled due to the absence of Umar Garba, the trial judge. Although Ize-Iyamu was also absent from court, Peter Uwadiae, his counsel was present. Lucky Imasuen, former deputy governor of Edo state who is the second defendant in the case, was also seen [...]

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    Court orders interim forfeiture of 48 properties ‘linked to’ ex-NSITF chair

Court orders interim forfeiture of 48 properties ‘linked to’ ex-NSITF chair

A federal high court sitting in Abuja has ordered the interim forfeiture of 48 properties allegedly owned by Ngozi Olejeme, former chairman of the Nigeria Social Insurance Trust Fund (NSITF). Taiwo Taiwo, the judge, gave the order during the sitting on Wednesday. The affected properties are located in the federal capital territory (FCT), Abuja, Bayelsa, Enugu, Edo and Delta states. The Economic and [...]

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    Adoke’s name removed from Interpol list of wanted persons

Adoke’s name removed from Interpol list of wanted persons

The International Criminal Police Organisation (Interpol) says it has removed the name of Mohammed Bello Adoke, former attorney-general of the federation (AGF), from the list of wanted persons. In a letter to his lawyers seen by TheCable with reference number CCF/112/R1221.19, dated March 9, 2020, with the subject “Request concerning Mr Mohammed Bello Adoke”, the Interpol’s independent authority for the control [...]

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    Mompha deletes all Instagram posts — weeks after reaction to Hushpuppi arrest

Mompha deletes all Instagram posts — weeks after reaction to Hushpuppi arrest

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    ‘No amount of blackmail will deter me’ — Magu speaks after Malami’s accusations

‘No amount of blackmail will deter me’ — Magu speaks after Malami’s accusations

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says "no amount of blackmail and mischief" will deter him in fighting corruption. Speaking when he received a delegation of the Nigerian Union of Journalists, federal capital territory (FCT) council, on Thursday, Magu said those stealing Nigeria's funds must be stopped. A statement from the commission quoted him as saying fraudsters are [...]

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    Court orders temporary forfeiture of N250m ‘diverted’ from NDDC

Court orders temporary forfeiture of N250m ‘diverted’ from NDDC

A federal high court in Lagos has ordered the temporary forfeiture of N250 million allegedly diverted from the Niger Delta Development Commission (NDDC). In a ruling on Wednesday, Rilwan Aikawa, the judge, ordered that the money be forfeited to the federal government. The order followed an ex parte application filed by Usman Buhari, counsel to the Economic and Financial Crimes Commission (EFCC). In [...]

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    Court refuses to stop ‘money laundering’ trial of ex-NNPC MD

Court refuses to stop ‘money laundering’ trial of ex-NNPC MD

A federal high court in Abuja has refused to stay proceedings in the trial of Andrew Yakubu, former group managing director of the Nigerian National Petroleum Corporation (NNPC), accused of laundering over $9.8million. At the commencement of the case on Wednesday, Mohammed Abubakar, prosecution counsel, informed the court that both parties have a pending appeal before the supreme court. He said the [...]

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    Turaki released N200m out of N359m approved for townhall meetings, Jonathan’s ex-aide tells court

Turaki released N200m out of N359m approved for townhall meetings, Jonathan’s ex-aide tells court

Umar Tahir, an aide to former President Goodluck Jonathan, has told the federal high court in Abuja that Taminu Turaki, former minister of special duties and inter-governmental affairs, released N200 million out of the N359 million budgeted for a security sensitisation programme in 2014. The Economic and Financial Crimes Commission (EFCC) had arraigned Turaki on May 4, 2020 over allegations of [...]

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    EFCC: We’ll look into corruption allegations against Obasa

EFCC: We’ll look into corruption allegations against Obasa

The Economic and Financial Crimes Commission (EFCC) says it will look into the corruption allegations leveled against Mudashiru Obasa, speaker of the Lagos state house of assembly. Obasa had been accused of embezzling public funds and abusing his office. SaharaReporters had carried out an investigation on the speaker who allegedly owns more than 60 bank accounts. He was accused of using his office [...]

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    Magu’s uncommon achievements and fresh campaign of blackmail

Magu’s uncommon achievements and fresh campaign of blackmail

BY MATTHEW ISUMA If allowed, the renewed campaign of calumny targeted at the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, would not only dent the image of the country's fight against corruption, but also take the country back to the pre-2015 era. Not a few people both nationally and internationally have applauded Magu's efforts, which have been [...]

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    Despite forfeiting assets to EFCC, PEF GM is back to work — and even attended NIPSS

Despite forfeiting assets to EFCC, PEF GM is back to work — and even attended NIPSS

Goddy Nnadi, general manager (corporate services) of the Petroleum Equalisation Fund (management) board, is back to his desk -- despite forfeiting illegally acquired properties  to the federal government, TheCable can report. He has even attended a senior course at the elite National Institute for Policy and Strategic Studies (NIPSS) -- after which the PEF executive secretary wrote to congratulate him "for doing us proud". TheCable [...]

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    EFCC’s Magu and allegations of ‘mago mago’

EFCC’s Magu and allegations of ‘mago mago’

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), escaped the axe by the gators last week. He was nearly fired. The EFCC chief’s nearly five-year incumbency has been a wild play of intrigues, distraction and confusion. I recall in 2016 when the senate declined to confirm his appointment, citing a DSS report which was damnatory in complexion. [...]

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    ‘N700m fraud’: Court validates corruption charges against Ize-Iyamu

‘N700m fraud’: Court validates corruption charges against Ize-Iyamu

A federal high court sitting in Benin, Edo state, has validated the money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against Osagie Ize -Iyamu. Ize-Iyamu is contesting for the state's governorship election on the platform of the All Progressives Congress (APC) and he is said to be backed by Adams Oshiomhole, suspended national chairman of the party. He [...]

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