Tag Archives: EFCC

Money Laundering: EFCC Arrests Access Bank CEO, Herbert Wigwe

The Economic and Financial Crimes Commission (EFCC), said it has arrested Chief Executive Officer (CEO) of Access Bank Plc, Mr. Herbert Wigwe, as money laundering investigations shifted to the Nigerian banks. It remain unclear the specific reasons for the raid of Access bank and later the arrest of its CEO, but it makes the third arrest within 10 days. The ...

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Ekweremadu Not Anti-Corruption Ambassador – EFCC

Financial Crimes Commission (EFCC) has denied decorating the Deputy Senate President, Ike Ekweremadu, as “Anti-Corruption Ambassador”. The anti graft agency in a statement by its Head of Media and Publicity, Wilson Uwujaren, noted that the statutory responsibility of the commission “does not include the decoration of individuals as anti- corruption ambassadors”. He said: “The attention of the Economic and Financial ...

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How EFCC Uncovered 37,395 Ghost Civil Servant- Magu

The Acting Chairman of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has revealed how the agency uncovered thirty-seven thousand, three hundred and ninety-five (37,395) ghost workers in the Federal Civil Service. He also warned that violators of the provisions of the Procurement Act risk five to 10 years imprisonment. Magu, who spoke on Tuesday, April 19, 2016 during the ...

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EFCC Gives Graphic Details How Akpobolokemi Allegedly Shared N1.3bn NIMASA Loot

A prosecution witness in ongoing trial of ex -Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Patrick Akpobolokemi and six others, on Monday, gave graphical details of how the sum of N1, 000, 258, 666. 60 allegedly looted from the agency were shared. The witness, Orji Chukuma Aosihiuwu, an operative of the anti-graft agency, Economic and ...

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Assets Declaration: Tafar’s Objection Lacks Merit – EFCC Tells Court

The Economic and Financial Crimes Commission (EFCC) Friday informed an Igbosere High Court of Lagos State, that the application filed by the embattled Senior Advocate of Nigeria (SAN), Mr. Rickey Tarfa, challenging the agency’s suit on his failure to declare his assets lacks merit and such should be dismissed. The anti-graft agency also stated that all the objections raised in ...

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EFCC Witness Narrates How NIMASA Transfered N1.5bn Into Many Accounts

A prosecution witness of the Economic and Financial Crimes ‎Commission (EFCC), Teslim Ajuwon, on Thursday, told an Old Igbosere High Court of Lagos State, on how the sum of N1.5 billion was transferred from Nigerian Maritime Administration Safety Agency (NIMASA) into various companies account. The witness who was testifying before Justice Raliat Adebiyi led-court said that ‎the money was transferred ...

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EFCC Arraigns Man Over Attempted N7m Theft

The Economic and Financial Crimes Commission, EFCC, on Monday 11 April, 2016 arraigned one Adekunle Yakub Asuni before Justice. I.B. Gafai of the Federal High Court Awka, Anambra State on a four count charge for attempting to steal the sum of N7,000,000.00 (Seven million naira) by false pretence, from the account of one Abdullahi Adamu. The offence contravenes the provisions ...

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N575,000 Job Scam Lands Fire Service Chief, Others in EFCC Net

Operatives of the Economic and Financial Crimes Commission, EFCC, on Thursday,March 24, 2016 arrested one Dada Olatunji, a former Assistant Comptroller General of the Nigeria Fire Service for offences bordering on employment scam, the The Street Reporters can report.. It was gathered that Olatunji’s arrest followed a petition by two applicants – Robert Mathew and Theresa Abah- alleging that, sometime ...

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Judge Lambasts EFCC For Intimidating Court Over Australian Contractor

An Abuja High Court Judge, Justice Peter Affen has berated the Economic and Financial Crimes Commission (EFCC) for allegedly intimidating his court and for attempting to stall a case involving it and an Austrian Security contractor, Mr. Wolfgang Wolfgang Reinl who sued the anti-graft agency for N2b for allegedly detaining him since last year without trial. Reinl was detained since ...

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