Alleged Money Laundering: Nigerian Court Freezes 21 Bank Accounts, Orders Arrest of Account Holders

A Federal High Court in Abuja has issued a temporary order to freeze 21 bank accounts across 13 commercial banks in Nigeria and directed the arrest of their holders. Justice Emeka Nwite issued the order following an ex-parte motion presented by Ibrahim Mohammed, counsel to the Inspector-General of Police (I-G). The court ordered the banks […]

EFCC recovered over N248bn Crime Proceeds in One Year

The Economic and Financial Crimes Commission (EFCC) has announced a significant achievement, reporting the recovery of over N248 billion within the past year. This information was revealed by Wilson Uwajaren, the Director of Public Affairs for the Commission, during a press briefing on Thursday, where he provided an overview of the agency’s recent accomplishments in […]