The Economic and Financial Crimes Commission (EFCC) says it made a total of 312 convictions between January and December 24, 2018.Tony Orilade, spokesman of the EFCC, said the record of convictions is "undoubtedly a significant improvement from the 189 convictions recorded in 2017"."More significantly is that it includes the conviction of two Politically Exposed Persons, PEPs – Jolly Nyame, a [...]
Tag "EFCC"

The news that President Muhammadu Buhari was interrupted and booed intermittently by some lawmakers while presenting the appropriation bill to the national assembly recently has been trending on the social media. Also trending is a list of the lawmakers said to have booed the President during the rowdy session. As should be expected, the PDP issued a statement claiming it [...]

The Economic and Financial Crimes Commission (EFCC) has filed a motion at the federal high court in Enugu for the interim forfeiture of $2.8 million seized last week.Tony Orilade, spokesperson of the commission, said the EFCC has also filed an affidavit of urgency for the matter to be heard on December 27 by a vacation judge in Port Harcourt.The commission [...]

The management of Bankers Warehouse has called on the Financial and Economic Crimes Commission (EFCC) to release the $2.8 million cash and its employees arrested at Enugu Airport on Thursday.Bankers Warehouse is a company registered by the Central Bank of Nigeria (CBN) to carry out cash movement as well as currency processing.The company on Sunday said its employees were arrested [...]

By the time Nigeria conducts its elections in February and March next year, it will be almost 20 years since its current experiment with liberal democracy – the longest period the country has been under a civilian rule since gaining flag independence from the British in 1960.As we inch towards 2019, growing apprehensions sit side-by-side with growing optimism. For the [...]

The Economic and Financial Crimes Commission (EFCC) has arraigned 24 students who were arrested over alleged involvement in cyber crime.The 24 students from Olabisi Onabanjo University and the National Open University of Nigeria were reportedly caught when the commission tracked their activities.In a statement on Wednesday, Tony Orilade, EFCC’s spokesman, said 10 of the suspects were arraigned on Monday and [...]

Femi Falana, a senior advocate of Nigeria (SAN), has advised the Economic and Financial Crimes Commission (EFCC) to stop sealing off assets belonging to suspects of financial crimes.The lawyer gave the advice in Ikeja at the presentation of ‘Compendium of High-Profile Corruption and Financial Crimes Cases in Nigeria'.Falana said sealing of properties while cases were still pending in courts does [...]

The Nigerian Bar Association, (NBA) says the Economic and Financial Commission (EFCC) lacks the power to meddle into client-lawyer contractual relationship.In a communique issued at the end of its national executive council (NEC) meeting in Abuja on Sunday, the NBA said the fees to lawyers by their clients is "not only a matter of privilege but also contractual."Paul Usoro, NBA [...]

The Africa Civil Rights Congress (ACRC) has thrown its weight behind President Muhammadu Buhari’s refusal to assent to the amended Electoral Act saying there should be a limit to which selfish personal interests should be allowed to push the country to the brink.Buhari declined assent to the bill, citing among other reasons the confusion that could arise as to what [...]

A Plateau state high court on Thursday admitted more exhibit in the N6.3 billion fraud trial against Jonah Jang, former governor of Plateau state.Jang is standing trial along with Yusuf Pam, a former government official in the state, on a 12-count charge bothering on diversion of public funds while serving as the governor.At the court on Thursday, the Economic and [...]