A Federal High Court in Abuja has approved the Economic and Financial Crimes Commission’s (EFCC) request to freeze 67 bank accounts linked to an alleged ₦52.9 million fraud case. Key Highlights:Justice Emeka Nwite granted the EFCC’s application after the agency’s counsel, Martha Babatunde, presented an ex-parte motion. The motion, filed under suit number FHC/ABJ/CS/1895/V/2024, sought […]
The EFCC’s recent arrest of 193 foreigners and 599 Nigerians for cybercrime exposes systemic lapses in security and the need for stronger collaboration between citizens and law enforcement. The Economic and Financial Crimes Commission (EFCC) recently executed its largest single-day operation, apprehending 193 foreigners and 599 Nigerians linked to cryptocurrency and romance scam networks. This […]
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The EFCC has secured a court order for the final forfeiture of a warehouse and 54 steel containers in Ogun State linked to fraudulent activities. The Federal High Court in Lagos has issued a final forfeiture order for a warehouse and 54 steel containers located in Ogun State. These properties, suspected to have been acquired […]
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Learn about the EFCC’s recent invitation to suspended Edo LG chairmen for financial investigations, focusing on payroll documentation and financial accounts. The Economic and Financial Crimes Commission (EFCC) has summoned the suspended chairmen of all 18 local governments in Edo State for questioning. This development was outlined in a letter signed by EFCC Director of […]
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Former Kogi State Governor, Yahaya Bello, has pleaded not guilty to a new 19-count charge filed by the Economic and Financial Crimes Commission (EFCC) at the Federal High Court in Abuja. Bello, currently in custody at Kuje prison, is accused of involvement in an N80.2 billion fraud during his tenure from 2016 to 2024. Key […]
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A Lagos State High Court in Ikeja has dismissed the N4.8 billion fraud case filed by the Economic and Financial Crimes Commission (EFCC) against Chief Cletus Ibeto, Chairman of Ibeto Energy Development Company. The presiding judge, Justice Oyindamola Ogala, struck out the charges following EFCC counsel Rotimi Jacobs, SAN, informing the court that Chief Ibeto […]
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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, highlighted the severe level of corruption in Nigeria’s power sector, describing it as disheartening enough to move people to tears. He stated, “Currently, we are facing challenges with electricity. If you were to see some of the investigations we are conducting in […]
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According to the Economic and Financial Crimes Commission (EFCC), four people have been taken into custody for allegedly breaking into an Abuja bank’s system. On October 29, 2024, the EFCC made this information public on its X page. The accused were named by the Commission as Daminan Ali, Mohammed Bello Mahmud (the managing director of […]
