A report by the Presidential Probe Panel has revealed details of how the suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, allegedly used a cleric to launder funds abroad. The News Agency of Nigeria reports that Read more
Ibrahim Magu has been suspended as the acting chairman of the Economic and Financial Crimes Commission (EFCC). This development comes a day after he was arrested and detained by security operatives in Abuja. He had appeared before a panel probing Read more
Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has been arrested by the Department of State Services. He was arrested over allegations that he owns four properties and that he was allegedly transferring funds abroad through a Read more
A suspected internet fraudster, Ismaila Mustapha, popularly known as Mompha has filed a Fundamental Rights Enforcement Suit before the Lagos High Court to challenge his continued detention by the Economic and Financial Crimes Commission (EFCC). In the application dated November Read more
EFCC has arrested a Lebanese, Hamza Koudeih, alleged to be a collaborator of Ismaila Mustapha aka Mompha, who was recently arrested by the commission. . . Head of the EFCC’s Lagos zonal office, Mr. Mohammed Rabo, said Koudeih was arrested Read more
The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Monday, October 7, 2019, arrested 17 suspected internet fraudsters. among whom were five who claimed to be students of the Federal Polytechnic, Ado Ekiti. The suspects were arrested in Read more
Centre for Anti-Corruption and Open Leadership (CACOL), a panel set up by Governor Seyi Makinde of Oyo State, to beam searchlight on financial activities of the immediate past administration in the state has asked the Independent Corrupt Practices and Other Read more
A Federal High Court in Lagos has ordered the interim forfeiture of jewellery valued at about $40m, belonging to Former Minister of Petroleum, Diezani Allison-Madueke, to the Federal Government. The EFCC had seized the items comprising wristwatches, necklaces, bracelets, bangles, Read more
A federal high court in Lagos has ordered the permanent seizure of $8.4 million (about N3billion) and N9.2 billion, belonging to Patience Jonathan, wife of former President Goodluck Jonathan. Mojisola Olatoregun, the presiding judge, gave the order in Read more
Days after Naira Marley and Zlatan dropped the controversial “Am I a Yahoo Boy”, they both got arrested on the 10th of May by the EFCC for charges related to cyber crime and fraud. A few days later, Zlatan Ibile Read more