Nigerians have often accused the Economic and Financial Crimes Commission (EFCC) of showing more speed and precision in prosecuting internet fraudsters, popularly known as Yahoo boys, compared to bringing politically exposed persons to justice. But EFCC spokesman, Dele Oyewale, dismissed these claims, saying the anti-graft agency applies the same level of commitment to all cases,…
Some bureau de change operators have implicated Abdullahi Rogo, Director-General of Protocol to the Kano State Governor, in a multi-billion-naira corruption scandal now under investigation by Nigeria’s anti-graft agencies: the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC). The operators, in detailed statements given to EFCC…
A Mortgage banker, identified as Sulaiman Olayiwola Gbajabiamila has been sentenced to 20 years imprisonment for diverting the sum of N31 million paid to him for acquisition of a flat in Iponri area of Lagos State. Gbajabiamila was arraigned on September 19, 2023, by the Lagos Zonal Directorate of the Economic and Financial Crimes Commission…
The Economic and Financial Crimes Commission, EFCC, has ordered immediate arrest of its former staff, Olakunle Alex Folarin after appearing at Lege Miami matchmaking program on social media. The video of the staff with socialite Lege Miami has generated comments on social media especially on X, formerly Twitter. But reacting to it, the commission posted…
The President Bola Tinubu-led government has told former Vice-President, Atiku Abubakar, that “no one is above the law” while reacting to the Economic and Financial Crimes Commission (EFCC) manhunt for businessman, Abdullahi Bashir Haske, the founder of AA & R Investment Group and son-in-law to Atiku. Haske had been declared wanted by the EFCC for…
The Economic and Financial Crimes Commission (EFCC) has invited Nigerians who lost money to the fraudulent cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), to report at its zonal directorates in Ibadan and Lagos. The Commission is currently prosecuting three suspects — Adefowoara Abiodun Olanipekun, Otorudo Avwerosuo, and Ehirim Justice Chukwuebuka, over their alleged involvement in…
The Economic and Financial Crimes Commission (EFCC) has declared a businessman and son-in-law of former Vice President Atiku Abubakar, Abdullahi Bashir Haske, wanted over an alleged case of criminal conspiracy and money laundering. In a notice issued by the commission’s Head of Media and Publicity, Dele Oyewale, the EFCC urged members of the public with…
The Federal High Court in Lagos has convicted three internet fraudsters arrested during a controversial raid on a hotel at the Olusegun Obasanjo Presidential Library (OOPL) complex in Abeokuta, Ogun State, by the Economic and Financial Crimes Commission (EFCC). The judge Dehinde Dipeolu, sitting as a vacation judge in Ikoyi, Lagos, on Friday, convicted Isaac…
The Economic and Financial Crimes Commission (EFCC) has said it will arraign suspected Internet fraudsters arrested at Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, on Friday. GISTSMATE MEDIA reports that OOPL management demanded compensation of N2.5 billion from the EFCC over the raid of its facility on August 10. According to the management, the compensation is…
The Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, Ogun State, has demanded compensation of N2.5 billion from the Economic and Financial Crimes Commission, EFCC, over the raid of its facility on August 10. According to the management, the compensation is to atone for the immense damage caused to the reputation, business, and financial standing of former…