The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its dedication to ensuring that those responsible for bank failures are properly …
Read More »Tag Archives: Economic and Financial Crimes Commission
Alleged N100bn Fraud: EFCC Lists Former Kogi Gov Bello in Amended Corruption Charges
The Economic and Financial Crimes Commission (EFCC) has re-arraigned the Chief of Staff to the Kogi State Governor, Alli Bello, …
Read More »Court to Hear Obiano’s Motion Challenging Jurisdiction in Alleged N4bn Fraud Case
The Federal High Court in Abuja has scheduled a hearing on March 7 to address a motion filed by former …
Read More »EFCC Arrests 48 Kwara Students: Cybercrime Crackdown on Campus
The Economic and Financial Crimes Commission (EFCC) has taken decisive action against cybercrime in Kwara State. On February 23, 2024, …
Read More »Naira’s Value Plummets in Black Market Despite Government Crackdown
The Nigerian Naira has continued to decline in value against the US Dollar in the parallel market, despite the federal …
Read More »EFCC Arrests ‘Airline Captain’ for Alleged N1bn Fraud in Kaduna
The Economic and Financial Crimes Commission (EFCC) recently arrested a suspect named Captain Nuhu Haruna in connection with an alleged …
Read More »Facebook Accounts Hacking: Applicant gets 4 months jail term
By Akpos Oghenetega, Kaduna State High Court, Kaduna on Thursday, sentenced an applicant, David Kingsley, to four months imprisonment for …
Read More »Nigeria secures landmark victory in bid to overturn P&ID judgement
Nigeria has secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID). Delivering his judgement on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of … Continue reading Nigeria Secures Landmark Victory In Bid To Overturn P&ID Judgement
Read More »Edevbie, other forfeits of N827.6m to EFCC
The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC), Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors
Read More »Alleged N34bn Fraud: Court dismisses case against Akpobolokemi, Tompolo’s company
Justice Ibrahim Buba has dismissed a suit bordering on an alleged N34bn fraud filed by the Federal Government against the former Director-General of NIMASA, Patrick Akpobolokemi and a firm known as Global West Vessel Specialist Limited, linked to a former Niger Delta militant leader, Government Ekpemupolo, popularly known as Tompolo and 7 others. In … Continue reading Alleged N34bn Fraud: Court Dismisses Case Against Akpobolokemi, Tompolo’s Company
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