Tag
ECONOMIC AND FINANCIAL CRIMES COMMISSION
The Court of Appeal, Abuja Division, has ruled that the Federal Inland Revenue Service (FIRS) Act supports the Economic and Financial Crimes Commission's (EFCC) collaboration with other government agencies regarding tax evasion investigation in Nigeria.
The Federal High Court, Lagos, on Wednesday, struck out N12.3 billion fraud charges instituted against the Chairman of Honeywell Group, Chief Oba Otudeko, a former Managing Director of First Bank, Olabisi Onasanya and others by the Economic and Financial Crimes Commission (EFCC), following discontinuance by the Commission. //
The Federal High Court in Abuja has dismissed the “no-case” submission filed by the legal team of former Benue State governor, Gabriel Suswam, and another defendant in the alleged N3.1billion fraud case instituted against them by the Economic and Financial Crimes Commission (EFCC) since 2015.
The Federal High Court, Lagos, has ordered the repatriation (deportation) of 9 Chinese nationals from Nigeria over cyber-terrorism and internet fraud offenses in the state.
A witness from the Economic and Financial Crimes Commission (EFCC) commenced his testimony on Thursday against the Managing Director/Chief Executive Officer of SunTrust Bank Ltd, Halima Buba, and the Executive Director/Chief Compliance Officer, Innocent Mbagwu, over alleged $12 million money laundering charges instituted by the Commission.
The Economic and Financial Crimes Commission (EFCC) has announced plans to establish a Cybercrime Response Academy aimed at rehabilitating convicted Nigerian cybercriminals by equipping them with productive digital skills—and supporting them with monthly allowances during their reintegration process.
The Economic and Financial Crimes Commission (EFCC) has commenced an investigation following the arrest of one Ahmad Salisu by the Nigeria Customs Service (NCS) at Mallam Aminu Kano International Airport, over an alleged attempt to smuggle undeclared foreign currency totalling $420,900, £5,825, CFA3,946,500 and Cameroonian CFA224,000.
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, has arraigned two individuals Abel Egerton Sokari and Nkiruka Chukwuma alongside a company, Zakah Global Investment Limited over an alleged €49 million fraud attempt.
Justice Chukwujekwu Aneke of the Federal High Court, sitting in Ikoyi, Lagos, has remanded a Ponzi scheme operator, Adonu Kingsley Ifeanyi, at the correctional facility pending the determination of his bail application over a N10 billion money laundering case.
The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Thursday, has arraigned Dr. Nekabari Dambere Nathan, a Port Harcourt-based medical doctor, before the Federal High Court, sitting in Port Harcourt, Rivers State, over alleged visa fraud to the tune of N39,157,000,00.
The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Ugochukwu Joseph Nwaemere, the Executive Director of Pennhydro-Pell Oil and Gas Limited, before Justice E.A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State, over alleged conspiracy, forgery, and obtaining money under false pretence to the tune of N750 million involving a financial institution.
The Economic and Financial Crimes Commission (EFCC) on Monday, has arraigned former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, relating to alleged property fraud charges involving N7.8 billion and 753 housing units covering 150,462.86 square meters.