A dramatic turn of events unfolded at the Federal High Court in Lagos when a businessman, Okorie Sunday, who was arrested at Murtala Muhammed International Airport, Ikeja, Lagos, with $578,000 in cash, collapsed in the courtroom during his trial. The incident disrupted the proceedings as court officials and family members rushed to assist him. Businessman […]
EFCC Unveils 58 Fraudulent Investment Schemes Defrauding Nigerians ABUJA – The Economic and Financial Crimes Commission (EFCC) has exposed 58 unauthorized investment platforms operating as Ponzi schemes, deceiving unsuspecting Nigerians and swindling them out of their hard-earned money. According to the EFCC, these companies, disguising themselves as legitimate investment firms, are not recognized by the […]
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The Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Directorate, has arrested 11 suspected internet fraudsters in Niger State. The operation took place at White Hotel, located in the Chanchangi Local Government Area, following credible intelligence regarding their involvement in cybercrime activities. EFCC’s Raid on Suspected Internet Fraudsters According to an official statement from the […]
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The Economic and Financial Crimes Commission (EFCC) has officially arraigned Jude Okoye, the former manager and elder brother of Paul and Peter Okoye from the now-defunct music duo P-Square. He is facing charges related to money laundering, involving N1.38 billion, $1 million, and £34,537.59. The case was presented at the Federal High Court in Lagos. […]
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The Economic and Financial Crimes Commission (EFCC) has arraigned a legal practitioner, Alexander Uchenna Ozougwu, before the Federal High Court in Uyo, Akwa Ibom State, over alleged involvement in a N1.3 billion forex investment fraud. According to a statement by Dele Oyewale, EFCC’s Head of Media & Publicity, the accused was charged with six counts […]
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EFCC Chairman Ola Olukoyede criticizes Nigerians for condemning corruption but defending corrupt leaders. He emphasizes the need for collective action to fight financial crimes in Nigeria. Nigerians Criticize Corruption but Shield Corrupt Leaders – EFCC Boss Olukoyede The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has raised concerns about Nigerians’ conflicting […]
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The Economic and Financial Crimes Commission (EFCC) has brought charges against 11 Chinese nationals and one Filipino over alleged involvement in internet fraud, including cryptocurrency investment scams and romance scams. The suspects were arraigned before Justice D.I. Dipeolu at the Federal High Court in Ikoyi, Lagos. Details of the Arraignment The individuals, alongside Genting International […]
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The EFCC has urged 2024 NYSC Batch C Stream II corps members to stand against corruption, emphasizing hard work over fraud and the role of youths in national development. Introduction The Economic and Financial Crimes Commission (EFCC) has called on members of the 2024 Batch C Stream II of the National Youth Service Corps (NYSC) […]
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Former Kogi State Governor, Yahaya Bello, faces ₦110 billion fraud charges as the EFCC presents its first witness in court. Read the full details of the corruption trial. Introduction The trial of former Kogi State Governor, Yahaya Bello, over alleged ₦110 billion fraud has taken a new turn as the Economic and Financial Crimes Commission […]
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The Economic and Financial Crimes Commission (EFCC) has expressed strong disapproval of the growing support on social media for the alleged killer of Assistant Superintendent of the EFCC, ASEII Aminu Sahabi Salisu. Salisu tragically lost his life on January 17, 2025, while executing his official duty in Anambra State to apprehend suspected internet fraudsters. EFCC […]
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The founder of Eeze Conceptz Limited, Mr. Ezekiel Onyedikachukwu, has dismissed allegations made against him by popular gospel singer Mercy Chinwo, labeling them as unfounded and baseless. In a statement released on Saturday in Abuja, Mr. Maxwell Opara, Onyedikachukwu’s legal representative, clarified that Chinwo’s accusations, including claims of financial misappropriation, were false and had no […]
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Lagos High Court dismisses four abuse of office charges against former CBN Governor Godwin Emefiele in the $2.1bn fraud case, citing lack of legal basis. Trial continues February 24. A Lagos High Court, Ikeja division, has dismissed four charges of alleged abuse of office filed against Godwin Emefiele, the former Governor of the Central Bank […]
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A Federal High Court in Abuja has granted the EFCC approval to freeze 24 bank accounts over alleged involvement in terrorism financing and money laundering. Court Approves EFCC’s Motion to Freeze 24 Bank Accounts Over Terrorism Financing Abuja, Nigeria – A Federal High Court in Abuja has authorized the Economic and Financial Crimes Commission (EFCC) […]
