Tag
ECONOMIC AND FINANCIAL CRIMES COMMISSION
The Economic and Financial Crimes Commission (EFCC) has declared the Managing Director of Fargo Petroleum and Gas Limited, Seun Ogunbambo, wanted over an alleged N976 million oil subsidy scam.
The Special Offences Court sitting in Ikeja, Lagos, on Tuesday, has convicted and sentenced two oil marketers, Mamman Nasir Ali and Christian Taylor, to 14 years imprisonment each for N2.2 billion oil subsidy fraud.
The Economic and Financial Crimes Commission (EFCC) has said it is currently working on helping six Nigerian banks recover billions of Naira stolen by hackers, who gained access to the banks’ systems.
The Federal High Court, Abuja, on Thursday approved an interim order forfeiting N742 million worth of landed and building properties linked to two one-time Directors of Finance and Accounts at the Rural Electrification Agency (REA), Suleiman Bulkwang and Abdullahi Sambo, over an alleged N1.4 billion fraudulent payments probe within the agency involving the two suspects.
The Special Offences Court sitting in Ikeja, Lagos, on Wednesday, has issued an arrest warrant against a promoter of Reaprite Global Limited and Agrorite Limited, Ayodele Toyosi, for failing to appear in court for his ongoing N600 million and $50,000 investment fraud trial by the Economic and Financial Crimes Commission (EFCC).
The Economic and Financial Crimes Commission (EFCC) has announced the arrest of 120 suspected internet fraudsters, comprising 95 males and 25 females, at various locations in Lagos.
The Economic and Financial Crimes Commission (EFCC) has arrested a former Kaduna State government contractor, Bashir Bello Ibrahim, over alleged multiple fraudulent contracts of approximately N30 billion.
The Federal High Court in Abuja has fixed June 26 for ruling on a request by the Economic and Financial Crimes Commission (EFCC) to cross-examine its witness—an internal auditor from the American International School—in its money laundering case against former Kogi State Governor Yahaya Bello.
The Enugu Division of the Court of Appeal has upheld the seven-year imprisonment of a convicted former employee of Guaranty Trust Bank, Onyekachi Nwosu, for his involvement in a loan fraud amounting to over N50 million.
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday accused the Economic and Financial Crimes Commission (EFCC) of withholding some of the confessional statements he made at their office, amid the alleged N109 billion fraud charges instituted against him.
The Economic and Financial Crimes Commission( EFCC) on Tuesday announced that it traced money laundering activities in excess...
The Court of Appeal in Abuja has stayed the execution of a Federal High Court judgment which barred the Economic and Financial Crimes Commission (EFCC) from investigating Leno Adesanya, the promoter of Sunrise Power and Transmission Ltd, over criminal allegations related to the $6 billion Mambilla hydropower contract.