The Economic and Financial Crimes Commission (EFCC) has arrested Babagana Dalori, chief executive officer of Galaxy Transportation and Construction Services Limited, for allegedly defrauding Nigerians through a ponzi scheme.The commission said 27,400 Nigerians lost N7 billion through fake promises of high returns on their investment in Dalori's companies.In a statement, Tony Orilade, EFCC spokesman, said Dalori was discovered to have [...]
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A federal high court in Lagos has granted a N10 million bail to Rita Ofili-Ajumogobia, a former judge.Ofili-Ajumogobia was re-arraigned before Rilwan Aikawa, her ex-colleague, where she pleaded not guilty to 18 counts bothering on unlawful enrichment, taking property unlawfully, corruption, forgery and giving false information.The former judge was first arraigned by the Economic and Financial Crimes Commission (EFCC) before an Ikeja [...]
A high court sitting in Ikeja has declared as inadmissible, a copy of the Department of State Services (DSS) report to the Nigerian senate on Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC).Doris Okuwobi, the presiding judge, gave the a ruling on Thursday during the ongoing N5 billion libel suit filed by Magu against the publishers [...]
A federal high court in Lagos has directed that Paul Usoro, president of the Nigerian Bar Association (NBA), be given his passport to enable him to freely travel abroad for his foreign engagements.Usoro, who is being tried by the Economic and Financial Crimes Commission (EFCC) over an alleged diversion of N1.4 billion belonging to Akwa Ibom state, had submitted his passport [...]
The Economic and Financial Crimes Commission (EFCC) says it re-arrested Rita Ofili-Ajumogobia, a former judge of the federal high court, in order to file a fresh criminal charge against her.Ofili-Ajumogobia was surrounded by operatives of the commission at the court premises on Tuesday after Hakeem Oshodi, judge of a Lagos high court, struck out corruption charges against her.In his ruling, [...]
BY WILBERFORCE IKOROThe first time I met him was in 2000 during the auctioning of the Digital Mobile Licenses (DML) by the Nigerian Communications Commission (NCC) then led by Dr. Ernest Ndukwe. You could not miss him in the crowd of telecommunications industry players and lawyers, who were milling around the Hilton Hotel, venue of the auction with his trademark [...]
The Economic and Financial Crimes Commission (EFCC) have arrested suspected train ticket racketeers in Abuja and Kaduna.In a statement on Monday, Tony Orilade, acting spokesman of the EFCC, said operatives from the Abuja zonal office, on Saturday, arrested five suspects during a sting operation at the Idu and Kubwa train stations following an intelligence report.He listed the suspects as [...]
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says some “fraudsters in banks are laundering public funds for corrupt politicians and terrorists".Magu made the assertion during a meeting with compliance officers of different banks in Port Harcourt, the Rivers state capital on Friday.According to him, apart from colluding with the corrupt politicians and "terrorists", the banks [...]
Senate President Bukola Saraki has explained why the senate did not confirm Ibrahim Magu as chairman of the Economic and Financial Crimes Commission (EFCC).Saraki gave the explanation on Monday at the orientation programme organised for senators-elect and house of representatives members-elect ahead of the inauguration of ninth national assembly in Abuja.The country’s number three citizen said having rejected Magu's nomination [...]
Reno Omokri, former aide of ex-President Goodluck Jonathan, says the claim that N1.3 trillion was stolen between 2011 and 2015 was untrue.In a statement on Tuesday, Omokri said the claim by Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), is an attempt to divert attention from a recent report of US State Department "which directly indicted" [...]
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says at least N1.3 trillion was stolen between 2011 and 2015.Magu said the money stolen during those years -- when former President Goodluck Jonathan was in power -- was by 32 entities, including private individuals and organisations.He said this during his keynote address at the 2019 first batch [...]
The Economic and Financial Crimes Commission (EFCC) has declared Ayodele Oke, former director-general of the National Intelligence Agency (NIA), and Folashade, his wife, wanted.The duo were declared wanted on Sunday.Oke and his wife are facing a four-count charge bordering on money laundering offence to the tune of N13 billion.The EFCC had filed the charges against them in connection with the [...]
The Economic and Financial Crimes Commission (EFCC) has traced a car owned by Walter Onnoghen, the embattled chief justice of Nigeria (CJN), to Joe Agi, a senior advocate of Nigeria (SAN). The anti-graft agency believes the car is a gift from the lawyer, who had cases before Onnoghen at the time of purchase. But Agi has told the EFCC that aside being a [...]
BY RICHARD MURPHYWho else is an expert in Nigeria and Nigerian affairs if not former United States (U.S.) Ambassador to Nigeria, John Campbell? He also happens to be the go-to person for those that are desirous of setting the country ablaze. After all, Campbell happens to have the credibility as a onetime diplomat in Nigeria and is equally an American. [...]
Walter Onnoghen, suspended chief justice of Nigeria (CJN), says his two asset declarations forms submitted to the Code of Conduct Bureau (CCB) were tampered with.Speaking through his counsel, Adegboyega Awomolo, at his resumed trial at the Code of Conduct Tribunal (CCT) in Abuja on Monday, the suspended CJN said the forms he submitted in 2014 and 2016 were mutilated [...]
The Economic and Financial Crimes Commission (EFCC) has reportedly raided the farm of Walter Onnoghen, suspended chief justice of Nigeria (CJN), taking custody of some vital documents.According to Punch, about nine EFCC operatives searched the Wanogan Farms Limited located in the Masaka area of Nasarawa state on Saturday, and took custody of some documents including sales books, receipt booklets and [...]
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