The Economic and Financial Crimes Commission (EFCC) has implicated a new generation bank, six Fintechs and microfinance banks in major financial scams by allowing fraudsters to launder huge sums of money. Director of public Affairs of the Commission, Mr. Wilson Uwujaren, made this known at a press briefing at the commission’s headquarters in Abuja on…
The Supreme Court has set aside the decision of the Court of Appeal that discharged former Jigawa State governor Sule Lamido and his sons, Mustapha and Aminu, of money laundering charges. A five‑member panel of the Supreme Court handed down the decision in a unanimous judgment delivered on Friday in separate appeals filed by the…
The Bauchi State Government paid millions of dollars, off the banking system and via unofficial channels, to finance what it called the state’s “security commitment” between late 2023 and July 2024, a PREMIUM TIMES review of government records, official accounts and court documents shows. A substantial portion of the payouts was disbursed in cash through…
The former Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami (SAN), has yet to perfect his bail conditions amid a fresh investigation into arms and ammunition allegedly discovered in his residence in Birnin Kebbi, Kebbi State. Malami is facing a separate and serious probe by the Department of State Services (DSS) following…
The Economic and Financial Crimes Commission (EFCC) has defended its operational tactics, saying the agency can forcefully enter premises to effect arrests for those suspected of committing financial crimes. “Look, if I had to break down a door for me to effect an arrest, I would do that. And you see the FBI do that,…
Aliko Dangote, chairman of Dangote Group, has asked the Economic and Financial Crimes Commission (EFCC) to investigate Farouk Ahmed. Dangote had accused the ex-CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of abuse of office, corrupt enrichment, and living beyond legitimate means. In December 2025, Dangote submitted a petition against Ahmed to…
A Federal High Court in Abuja has ordered interim forfeiture of 57 assets by a former Attorney-General of the Federation, Mallam Abubakar Malami (SAN) and two sons. The sons are Abdulaziz Malami and Abiru—Rahman Malami, The assets are valued at N213,234,120,000. It has, however, given Malami and the sons or any other claimant a 14-day…
Justice Emeka Nwite of the Federal High Court in Abuja has granted the former Attorney General and Minister of Justice, Abubakar Malami and two others, bail in the sum of ₦500 million with two sureties. The sureties, according to the Judge must have landed property in Asokoro, Maitama , Gwarinpa. He added that they must…
The Economic and Financial Crimes Commission, EFCC, has said that former Kogi State Governor, Yahaya Bello, remains innocent until proven guilty by a court of law. The Commission stated that Bello’s trial is still ongoing and that it is the responsibility of the court, not the EFCC, to determine his guilt or innocence. Speaking on…
A Federal High Court sitting in Abuja on Tuesday fixed January 2, 2026, for the hearing of the bail applications filed by former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, his son and one other defendant. The court also ordered that Malami and his son together with the third defendant be…
