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Tag Archives: Financial Crimes

“James Ibori Bribed Me With $15million In 2007” – Nuhu Ribadu

Posted ago by admin

  Desperate to halt a probe into his finances, governor James Ibori tried to bribe former anti-corruption boss Nuhu Ribadu in 2007 with $15 million in cash in a bag so heavy one man alone could not lift it, Ribadu …

Company Executives, Advertiser In N1.4bn Scam

Posted ago by admin

The house and Bakare Culled From Punch Metro: The Economic and Financial Crimes Commission has uncovered a N1.4bn scam allegedly perpetrated by former top executives of Sosaco Nigeria Limited, marketers of Jago Milk Powder and Jino Tomato Paste. According to …

Undergraduates, Others Arrested For Stealing N2bn From Bank

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The Economic and Financial Crimes Commission has arrested two young men who claimed to be undergraduates of the University of Jos, Isaiah Friday and Azzaior Samuel, for an alleged N2.05bn fraud. Two bureau de change operators, Salihu Mahmoud and Dan Ibrahim, …

PDP Crisis:Jonathan,G-7 Governors Draw Battle Line

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All is set for a make or mar meeting today between President Goodluck Jonathan and the aggrieved G-7 governors and leaders of the Abubakar Kawu Baraje faction of the Peoples Democratic Party (PDP). Baraje said today’s meeting will be the …

Stephanie Okereke, Others Declared Wanted

Posted ago by admin

Things are about to get sour for Nollywood Actress Stephanie Okereke and a list of others, This might not really be a good time for the actress who is all cozied up with  her hubby as they are both on …

ANCOP Petitions EFCC Over Akpabio’s N50m Largesse! Wants Stephaine Okereke, Others Arrested

Posted ago by admin

Culled from Vanguard The Nigerian movie industry otherwise known as Nollywood is poised for a showdown as the Association of Nollywood Core Producers,ANCOP, has petitioned EFCC and SFU over the N50 million largesse donated by Governor Godswill Akpabio of Akwa …

Ribadu: We Don’t Need Jokers As Leaders

Posted ago by admin

Former Chairman of the Economic and Financial Crimes Commission, Nuhu Ribadu, said Nigeria was suffering from collapsed institutions and needed more than mere change of leadership to survive. He also said hurdles were placed on his way to fight corruption …

Fraud Suspect, Ajudua In LUTH After Urinating Blood

Posted ago by admin

Alleged advance-fee fraud scammer, Fred Ajudua, is currently on admission at the Lagos University Teaching Hospital for kidney-related problem, which was said to have led to him urinating blood. It was learnt that Ajudua was, on August 3, 2013, rushed …

EFCC Quizzes Bukola Saraki, Interrogation Continues Today

Posted ago by admin

The Economic and Financial Crimes Commission had on Monday quizzed a former Governor of Kwara State, Senator Bukola Saraki. The Senator has earlier in the month denied that he was invited for questioning by the Agency.Daily Post gathered that the Commission …

EFCC Declares Accused Oil Marketers Wanted

Posted ago by admin

Economic and Financial Crimes Commission has declared two oil marketers, who are standing trial before a Lagos High Court, Ikeja, for alleged oil subsidy fraud, Messrs Seun Ogunbambo and Habila Theck, wanted. The anti-graft agency’s Head, Media and Publicity, Wilson …

EFCC Arrests Man With 30 ATM Cards And 8 Signed Cheques

Posted ago by admin

Below is a press release from the Economic and Financial Crimes Commission, EFCC The Economic and Financial Crimes Commission has arrested one Kingsley Mudi over alleged ATM fraud. He was picked up at about 11 pm on August 2, 2013 …

You must answer fraud charges – Judge tells Akingbola

Posted ago by admin

A former Managing Director of Intercontinental Bank Plc, Dr. Erastus Akingbola, has been asked to answer the fraud charges preferred against him by the Economic and Financial Crimes Commission, EFCC. The situation became compelling when the Judge presiding over the …

Court rules on $15m Ibori bribe September 20

Posted ago by admin

Justice Gabrael Kolawole of a Federal High Court sitting in Abuja will on September 20, 2013 deliver judgment on the ownership of the $15 million alleged bribe money of a former Governor of Delta State, Chief James Ibori, which is …

Notorious Fraudster Ade Bendel Declared Wanted By EFCC For Defrauding Victim $8 Million From Jail

Posted ago by admin

Notorious advance fee fraudster, Adedeji Alumile, a.k.a. Ade Bendel, has been declared wanted by the Economic and Financial Crimes Commission, EFCC. In a public notice signed by the EFCC spokesman, Wilson Uwujaren, the anti-graft agency stated that Ade Bendel was …

EFCC arrests NFF vice-president for money laundering

Posted ago by admin

The vice-president of the Nigeria Football Federation (NFF), Mike Umeh, has been arrested by the Economic and Financial Crimes Commission (EFCC), for money laundering and misappropriation of public funds, for which former Governor Attahiru Bafarawa of Sokoto State is standing …

EFCC declares Sylvanus Okoh wanted

Posted ago by admin

The Economic and Financial Crimes Commission, EFCC has declared one Sylvanus Enonche Okoh (alias Anthony Nwabueze, Okpoju Olofu, and General) wanted. The serial scammer, who is standing trial before a Federal Capital Territory High Court, Abuja on a 6-count charge …

EFCC Arrests Former Bayelsa Governor Timipre Sylva In Abuja

Posted ago by admin

The Economic and Financial Crimes Commission, EFCC, have arrested the former governor of Bayelsa, Timipre Sylva. The arrest took place on Wednesday in Abuja. A statement by EFCC’s Acting Head of Media and Publicity, Wilson Uwujaren, said the former governor …

Aruma Oteh Accused Of Financial Crimes By SEC Board.

Posted ago by admin

The board of the Securities and Exchange Commission (SEC) has alleged that the suspended Director-General, Ms. Aruma Oteh, used her personal account to receive and manage SEC 50th anniversary contributions in clear contravention of the Investment and Securities Act 2007. …