The EFCC is prosecuting Mompha and his company, Ismalob Global Investment Limited, over alleged money laundering and operating an unlicensed bureau de change. Justice Mojisola Dada of the Lagos State Special Offences Court sitting in Ikeja has ruled that a prima facie case has been established against Nigerian social media personality, Ismaila Mustapha, popularly known…
The Economic and Financial Crimes Commission (EFCC) has declared the founder and Managing Director of AA&R Investment Group, Abdullahi Bashir Haske, wanted. The anti-corruption commission, in a public notice signed by its Head, Media and Publicity, Dele Oyewale, informed that Haske, a son-in-law to former Vice-President, Atiku Abubakar, was being wanted by EFCC in an…
The Nigerian Immigration Service and The Economic and Financial Crimes Commission (EFCC) have deported 51 foreign nationals who were convicted of cyber-terrorism and internet fraud. According to a statement from the EFCC on Thursday, the latest group of deportees includes 50 Chinese nationals and one Tunisian. This repatriation took place on Thursday and brings the…
The hotel management also demands an apology from the EFCC authorities for what it describes as the infringement of its rights. The Management of the Green Legacy hotel, an arm of the Olusegun Obasanjo Presidential Library, has threatened legal action against the Economic and Financial Crime Commission (EFCC), following the “invasion” of the hotel by…
The chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has said that internet fraudsters, popularly known as yahoo-yahoo boys, are bringing national shame to the country. Olukoyede made this known during a media briefing on Monday at the agency’s headquarters in Abuja. According to him, Yahoo-Yahoo boys have given every Nigerian the opportunity…
No fewer than 14 officials of the Nigerian National Petroleum Company Limited (NNPCL), including two former chief executives, Mele Kyari and Abubakar Yar’Adua, are currently under investigation by the Economic and Financial Crimes Commission (EFCC) over alleged misappropriation of funds and abuse of office, a letter addressed to the NNPCL has shown. In a letter…
Operatives of the Economic and Financial Crimes Commission have arrested a popular Lagos socialite, Emeka Okonkwo Daniel (a.k.a. E-Money), for allegedly abusing the Naira note. Our correspondent gathered that he was arrested on Monday night at his residence in the Omole area of Lagos. Sources within the commission on Tuesday said E-Money was arrested for…
The Economic and Financial Crimes Commission (EFCC) has cautioned Nigerians against the excessive desire for money. The agency issued the advice in a terse post on its X handle on Sunday. “Love money too much, and Ponzi schemes will love you …..as their next target….be guided, the Eagle loves you all,” the post read. This…
The Economic and Financial Crimes Commission has arraigned one Agudosi Christopher Okechukwu before Justice Yellim Bogoro of the Federal High Court, Ikoyi, Lagos, for allegedly failing to declare foreign currency in his possession at the Murtala Muhammed International Airport, Ikeja. According to a statement on Wednesday, by the Lagos Zonal Directorate 2 of the EFCC,…
A Coalition of Civil Societies has called on all Nigerians and the international community to disregard all claims and allegation against the Chairman of Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede. The Coalition of 30 Civil Societies in a Press Conference today 11th May 2024 led by its Convener, Adams Otakwu responded to…
