Tag: EFCC
EFCC drags Wale Jana to court for committing fraud to tune of N12m
The Economic and Financial Crimes Commission (EFCC) has arraigned Wale Jana, the managing director (MD) of Sapphire Scents Limited, over N12 million f [...]
Rasheed Olaoluwa, ex MD Bank of Industry, others to be arraigned Nov. 23
The absence of the former Managing Director (MD), Bank of Industry (BoI), Rasheed Olaoluwa, and three others, Tuesday frustrated their planned arraign [...]
Emmanuel Morah and his penchant for fraud
Barely a few weeks after he was granted a presidential pardon on health grounds, businessman, Emmanuel Morah may likely not be tasting the air of free [...]
How suspended accountant-general, diverted TSA, IPPIS funds for personal gain
Hayatu Ahmed, chief superintendent of the Economic and Financial Crimes Commission (EFCC), says Ahmed Idris, suspended accountant-general of the feder [...]
Court remands suspended AGF, Ahmed Idris, two others in prison over N109bn fraud
A high court of the Federal Capital Territory (FCT) has ordered that the suspended Accountant General of the Federation (AGF), Ahmed Idris, and tw [...]
EFCC reveals how suspended AGF, Ahmed Idris received N15bn bribe to fast-track payment to oil-producing states
Ahmed Idris, suspended Accountant-General of the Federation (AGF), received a N15 billion bribe to fast-track 13 percent derivation funds to oil-p [...]
Appeal court affirms conviction of Atuche, ex-Bank PHB boss over N26bn fraud
The Lagos division of the court of appeal has affirmed the conviction of Francis Atuche, a former managing director of Bank PHB, over N25.7 billion fr [...]
Lagos court grants businesswoman, Olubunmi Akintoye Adeola N400m bail for committing N233m fraud
Justice A.O.Okunuga of the Lagos State High Court sitting in Ikeja, Lagos has granted bail to a businesswoman, Olubunmi Akintoye Adeola, who is being [...]
Philips Odozua, chairman Nova Merchant Bank lands in EFCC net for alleged illegal trading on forex, tax conversion, others
Operatives of the Economic and Financial Crimes Commission (EFCC) earlier today visited the head office of NOVA Merchant Bank Limited on Kofo Abayomi [...]
EFCC arraigns FCMB banker for forgery, obtaining by false pretence
The Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Wednesday, June 1, 2022 arraigned a banker, Adeyemi Sule Waliu befor [...]