The Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned a former National Security Adviser, retired Col. Sambo Dasuki, and a former General Manager of the Nigerian National Petroleum Corporation (NNPC), Aminu Baba-Kusa, along with two others, over an alleged N33.2 billion fraud. Their arraignment took place before Justice Charles Agbaza of the Federal Capital…
Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, March 24, 2025 busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja. They were arrested at the Compensation Layout in Gwagwalada area of the Federal Capital Territory, FCT, Abuja, following actionable intelligence on the existence of the Academy. The Academy, named Q…
The Economic and Financial Crimes Commission (EFCC) has rearrested Friday Audu, the Nigerian mastermind behind the activities of 193 foreigners and several others arrested in Dec. 2024 in one fell swoop for offences bordering on Cryptocurrency Investment Fraud and Romance Scam. In a mild drama, Audu was rearrested by officials of the anti-graft agency as…
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Sirajo Jaja, the Accountant General of Bauchi State for alleged N70 billion fraud. He was arrested in Abuja on Wednesday, March 19, 2025 alongside Aliyu Abubakar of Jasfad Resources Enterprise, an unlicensed bureau de change (BDC) operator and Sunusi Ibrahim Sambo, a Point of…
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, on Monday, arrested the suspended coordinator of the Edo State Public Safety Response Team, Kelly Okungbowa, popularly known as Ebo Stone, for alleged naira abuse. The EFCC’s Head of Media and Publicity, Dele Oyewale, revealed this in a statement on Monday. He…
The Economic and Financial Crimes Commission, EFCC has accused a woman identified as Catherine Ijeoma Ugwu of duping one Emmanuel Ani of the sum of N6.8million in the guise of using the money for the upkeep of his purported fiancee, one Miss Chinansa, EFCC said Ugwu who was arraigned before Justice Aisha Kumaliya of the…
The Economic and Financial Crimes Commission said it recovered over N365.4bn and secured 4,111 convictions in 2024. The commission’s Executive Chairman, Ola Olukoyede, disclosed this in Uyo, Akwa Ibom State, at the end of a three-day Retreat for Directors with the theme “EFCC: The Journey So Far, Ensuring Professionalism and Integrity.” Olukoyede, in a statement…
The Economic and Financial Crimes Commission (EFCC) has arraigned a husband and wife, identified as, Baba Sule Abubakar Sadiq and Hafsat Kabir Lawal, along with two others, Abdullahi Bala and Ladani Akindele, over allegations of fraud amounting to N197,750,000 through false pretence. According to EFCC, the suspects allegedly impersonated the wife of the Katsina State…
The Economic and Financial Crimes Commission (EFCC) has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes across Nigeria. In a statement on Tuesday, on its verified Facebook account, the anti-graft agency warned that these companies pose as investment entities but are defrauding unsuspecting Nigerians of their hard-earned money….
The All Progressives Congress (APC) yesterday described as unfounded the allegation by the opposition Peoples Democratic Party (PDP) that the Senate President, Senator Godswill Akpabio has engaged a section of the media to smear the image of former governor of Akwa Ibom State, Udom Emmanuel, in the ongoing Economic and Financial Crimes Commission (EFCC) trial….