The Economic and Financial Crimes Commission (EFCC) has intensified its investigation into the alleged misappropriation of $35 million linked to the Brass Project. Former Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Timber Kesiye Wabote, was detained yesterday for the second time in two weeks. Wabote, who served as the Executive Secretary…
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has announced the dismissal of two officials over alleged corruption. Speaking on Tuesday at the annual criminal law review conference organised by the Rule of Law Development Foundation in Abuja, Olukoyede said the staff were sacked two weeks ago. He said the commission is…
Popular crossdresser, Okuneye Idris Olanrewaju, popularly known as Bobrisky, has taken legal action against the Economic and Financial Crimes Commission (EFCC) and the National Assembly at the Federal High Court in Lagos. In a suit marked FHC/L/CS/****/2024, the crossdresser is seeking enforcement of his fundamental rights as enshrined in the Nigerian Constitution and the African…
The Economic and Financial Crimes Commission (EFCC) has refuted claims that recovered stolen assets are being re-looted or misused, insisting that all proceeds from crime recoveries are duly remitted to the Federal Government. The commission’s statement came in response to recent reports by the Civil Society Legislative Advocacy Centre, which raised concerns about the alleged…
The Supreme Court has dismissed suit instituted by some state Attorneys General challenging the establishment of the Economic and Financial Crimes Commission (EFCC) Act. The suit, which was initially instituted by attorneys general of 16 states, sought the scrapping of the anti-graft agency. While some states withdrew from the suit, some others asked to be…
The Economic and Financial Crimes Commission (EFCC) on Thursday brought a Chinese, Zhengjia Jin, before an Ikeja Special Offences Court for alleged bribery and N301 million fraud. Jin, was arraigned on a four-count charge bordering on retention of stolen property, bribery and stealing. The EFCC counsel, Mr Ahmad Usman, told the court that the defendant…
The Economic and Financial Crimes Commission (EFCC) has arraigned two alleged members of a syndicate, Ojobo Joshua and Aliyu Hashim, accused of impersonating the EFCC’s Executive Chairman, Ola Olukoyede, in an attempt to extort $1 million from former Nigerian Ports Authority (NPA) Managing Director, Mohammed Bello-Koko. The suspects were presented before Justice Jude Onwuebuzie of…
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector,…
The Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, has criticized a suit filed by about 16 governors seeking to declare the agency illegal. He made the remarks during a visit by the Senate Committee on Anti-Corruption and Financial Crimes. Olukoyede on Monday described the move as unnecessary and urged the National…
GISTSMATE MEDIA reports that the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has reacted to the allegations surrounding his running mate, Ifeanyi Okowa’s involvement in funding his campaign. Okowa, the former Delta State governor, was on Monday arrested over alleged misuse of funds estimated at N1.3 trillion derived…