The Executive Chairman of the Economic and Financial Crimes Commissions, EFCC Abdulrasheed Bawa today Wednesday March 31, 2021 charged Nigerians to be vigilant and play their part in checking the illicit flow of the nation’s resources out of the country. He gave the charge in his office while receiving a report on illicit financial flows … Read more
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking on Thursday from the Bank’s office in New York, the Chief Executive Officer, UBA America, Ms. Sola Yomi-Ajayi, disclosed that … Read more
Operatives of the Economic and Financial Crimes Commission (EFCC), Benin Zonal Office were chased away by internet fraudsters, popularly known as Yahoo Boys in a gun battle in Asaba, the Delta State capital, and Sapele, another town in Delta. The operatives however succeeded in Oghara an adjacent town to Sapele town by arresting 10 of … Read more
Justice Yusuf Halilu of the Federal Capital Territory High Court, Maitama Abuja has fixed April 20, 2021 for definite hearing of the six count charge of forgery and attempt to obtain $100,000,000 USD brought against Ibrahim Olanrewaju Mahmud by the Economic and Financial Crimes Commission, EFCC. The offence contravenes Sections 6 and 8 of the … Read more
Justice Yusuf Halilu of the Federal Capital Territory High Court, Maitama Abuja has fixed April 20, 2021 for definite hearing of the six count charge of forgery and attempt to obtain $100,000,000 USD brought against Ibrahim Olanrewaju Mahmud by the Economic and Financial Crimes Commission, EFCC. The offence contravenes Sections 6 and 8 of the … Read more
The Minister of State for Petroleum, Timipre Sylva, has condemned the backlash that followed news that the Nigerian government will spend $1.5 billion on rehabilitation of Port Harcourt refinery. A total of $1.5 billion has been proposed by the government to fund the project – a decision that has sparked controversy and debates in various … Read more
The Executive Chairman of the Economic and Financial Crimes Commission Abdulrasheed Bawa, in continuation of his tour of the zonal office of the Commission, today Monday March 22, 2021 visited the Sokoto Zonal Office, where he charged the staff to be disciplined, and discharge their duties with the utmost professionalism. In a press statement made … Read more
Collins Samuel, an alleged fraudster who obtained $8000USD as Covid-19 benefit from the US state of Virginia, has been remanded in EFCC custody by Justice P. Mallong of the Federal High Court sitting in Kaduna, Kaduna State. Samuel was remanded, after pleading ‘not guilty’ to a one count charge that borders on impersonation and obtaining … Read more
President Muhammadu Buhari on Thursday inaugurated the headquarters building of the Niger Delta Development Commission (NDDC), 25 years after the groundbreaking ceremony. The president, who virtually inaugurated the building from the Council Chamber of the State House, Abuja, commended the Minister of Niger Delta Affairs, Sen. Godswill Akpabio, for steadfastness in ending many years of … Read more
A Lagos-based lawyer, Chukwudi Enebeli, has given three reasons why the Federal Government is not entitled to the £4.2 million expected from the United Kingdom as part of looted funds recovered from former Delta Governor James Ibori. Enebeli, partner in the law firm of Pinheiro LP, faulted the Federal Government’s proposal to invest the money … Read more