Monday, July 15, 2019

Tag "EFCC"

    Patience Jonathan loses another N2.4bn to FG

Patience Jonathan loses another N2.4bn to FG

Patience Jonathan, former first lady, has lost more money to the federal government after the supreme court affirmed another order of the Lagos division of the federal high court for the interim forfeiture of a sum of N2.4 billion allegedly traced to her.The development comes barely eight days after the apex court had upheld an order for the federal government’s [...]

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    Ihedioha leading with over 100,000 votes in Imo

Ihedioha leading with over 100,000 votes in Imo

Emeka Ihedioha, former deputy speaker of the house of representatives, is leading in results of the 11 local government declared so far.Ihedioha, who is contesting the Imo state governorship election under the platform of the Peoples Democratic Party (PDP), is ahead of Uche Nwosu of Action Alliance and Hope Uzodinma of the All Progressives Congress (APC), with over 100,000 votes.In [...]

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    Vote buying: EFCC arrests Ogun house of assembly candidate

Vote buying: EFCC arrests Ogun house of assembly candidate

The Economic and Financial Crimes Commission (EFCC) has arrested Sotayo Johnson, contestant for the state house of assembly election in Ogun state for alleged “vote buying”.The suspect, according to the anti-graft agency, was arrested on Saturday, at Ijaye park polling unit, Abeokuta, Ogun state.A member of the Allied Peoples Movement (APM), Sotayo is seeking to represent Abeokuta south state constituency [...]

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    Again, EFCC arraigns Tunde Ayeni for ‘fraud’

Again, EFCC arraigns Tunde Ayeni for ‘fraud’

The Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, a former chairman of the board of directors, Skye Bank Plc, before a federal high court in Abuja over money laundering to the tune of about N25 billion.Ayeni was arraigned on Thursday along with Timothy Oguntayo and two companies, Control Dredging Company Ltd and Royaltex paramount Ventures Ltd.They [...]

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    EFCC releases Atiku’s lead counsel

EFCC releases Atiku’s lead counsel

The Economic and Financial Crimes Commission (EFCC) has released Taminu Turaki, lead counsel of Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP).Turaki, a senior advocate of Nigeria (SAN), was arrested after the anti-graft agency invited him to sign a bail document for Babalele Abdullahi, son-in-law of Atiku  and finance director of some companies owned by the PDP presidential candidate.Paul [...]

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    Atiku: EFCC detaining my son-in-law, lawyer for supporting me

Atiku: EFCC detaining my son-in-law, lawyer for supporting me

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has kicked against the continued detention of his cronies by law enforcement agencies.Atiku said Babalele Abdullahi, his son-in-law, and Uyiekpen Giwa-Osagie, his lawyer, are being detained for identifying with him.On Saturday, operatives of the Economic Financial Crimes Commission (EFCC) arrested Abdullahi, who is also the finance director of group of [...]

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    UPDATED: HEDA demands probe of trade minister over ‘abuse of $160m project’

UPDATED: HEDA demands probe of trade minister over ‘abuse of $160m project’

The Human and Environmental Agenda (HEDA) has called for the probe of Okechukwu Enelamah, minister of indusry, trade and investment, for allegedly mismanaging a $160 million World Bank project.In a petition to the Economic and Financial Crimes Commission (EFCC), HEDA said the minister was accused of unlawfully diverting $35 million, part of money meant for the growth and employment (GEM) [...]

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    N1.4bn ‘fraud’: Court orders arrest of four Akwa Ibom officials

N1.4bn ‘fraud’: Court orders arrest of four Akwa Ibom officials

A federal high court in Lagos has ordered the arrest of four officials of the Akwa Ibom state government following an application by the Economic and Financial Crimes Commission.The EFCC had arraigned them over alleged N1.4 billion fraud.The officials are Nsikan Nkan, commissioner for finance (pictured); Mfon Udomah, accountant-general; Uwemedimo Nwoko, attorney-general, and Margaret Ukpe, commissioner for justice.Udom Emmanuel, the [...]

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    EFCC has started its media trial, says Okupe on N750m fraud allegation

EFCC has started its media trial, says Okupe on N750m fraud allegation

Doyin Okupe, a former aide of ex-President Goodluck Jonathan, has discredited the claim by the Economic and Financial Crimes Commission (EFCC) that he received N75om from the office of the national security adviser (NSA) for doing nothing.Writing via his Twitter handle on Thursday, Okupe accused the anti-graft agency of media trial."Efcc has started its media trial. D press release 2dy that [...]

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    Omenyi, ex-air chief, bags 7-year jail sentence for N136m fraud

Omenyi, ex-air chief, bags 7-year jail sentence for N136m fraud

A federal high court in Abuja has found Tony Omenyi, a former vice marshall of the Nigeria Air Force (NAF), guilty of diverting over N136 million meant for purchase of arms by the military.Omenyi, a former managing director of the Aeronautical Engineering and Technical Services Limited, a subsidiary of NAF, is said to have received bribes from a contractor, SkyExperts Nigeria [...]

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    PHOTOS: EFCC officials ‘hunt vote buyers’ at polling units

PHOTOS: EFCC officials ‘hunt vote buyers’ at polling units

Officials of the Economic and Financial Crimes Commission (EFCC) stormed different polling units across the country on Saturday to check the menace of vote buying by political parties.Despite warnings, some parties still engaged in the act, disrupting the free flow of the elections.The anti-graft agency released some pictures of its men on the trail of those inducing voters.Here are some [...]

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    Onnoghen’s lawyer: I was framed up with $30,000 bribe because I exposed Paris Club fraud

Onnoghen’s lawyer: I was framed up with $30,000 bribe because I exposed Paris Club fraud

Joe Agi, a senior advocate of Nigeria (SAN), has denied the allegation that he paid a bribe of $30,000 to Walter Onnoghen, suspended chief justice of Nigeria.The Economic and Financial Crimes Commission (EFCC) had traced a deposit of $30,000 made by Agi into Onnoghen’s account.Sources had told TheCable that the deposit was made sometime in 2009 while a series of “suspicious [...]

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    Beware! Fake dollar notes in circulation

Beware! Fake dollar notes in circulation

The Economic and Financial Crimes Commission (EFCC) has raised the alarm over the circulation of fake dollar notes in the country.Tony Orilade, EFCC spokesman, gave the warning in a statement issued on Thursday.Orilade said the agency issued the warning following intelligence gathered in the build-up to the elections.The anti-graft agency also asked bureaux de change operators to be cautious."The Economic [...]

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    As Udom Emmanuel launches Ibom airline

As Udom Emmanuel launches Ibom airline

BY MICHAEL BASSEYThe birth of Ibom Airline couldn’t have come at a better time. The launch of the airline on Wednesday is truly the ice on the cake for the good people of Akwa Ibom. If anyone was in doubt of the managerial acumen of the state governor, Udom Emmanuel, that launch was enough to shut the mouths of pundits. [...]

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    Timi Frank describes arrest of Atiku’s lawyer as witch-hunt

Timi Frank describes arrest of Atiku’s lawyer as witch-hunt

Timi Frank, former deputy spokesman of the All Progressives Congress (APC), has described the arrest of Uyiekpen Giwa-Osagie by the Economic and Financial Crimes Commission (EFCC), as a political witch-hunt by the APC.On Monday, the EFCC had arrested Giwa-Osagie, lawyer to Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), over alleged money laundering.In a statement on Tuesday, Frank [...]

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    Niger PDP guber candidate re-arraigned for ‘fraud’ on election eve

Niger PDP guber candidate re-arraigned for ‘fraud’ on election eve

Umar Nasko, Peoples Democratic Party (PDP) governorship candidate in Niger state, has been re-arraigned over alleged fraud.He was re-arraigned alongside Babangida Aliyu, former governor, and Tanko Beji, state chairman of the PDP on Wednesday.The Economic and Financial Crimes Commission (EFCC) charged them with alleged diversion of N2 billion.The anti-graft agency had arraigned them over the charge in April 2017 [...]

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Exchange Rates

July 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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