Tag: Court

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele
November 2, 2024 No Responses

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust...
read more
Nigeria Drops Charges Against Binance Executive
October 24, 2024 No Responses

Nigeria Drops Charges Against Binance Executive

The Federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds. Gambaryan has been facing a money laundering trial from detention since April. A Counsel for the Economic and Financial Crimes Com...
read more
Court Of Appeal Orders Yahaya Bello To Show Up For Arraignment.
August 21, 2024 No Responses

Court Of Appeal Orders Yahaya Bello To Show Up For Arraignment.

The Court of Appeal, sitting in Abuja on Tuesday, August 20, 2024 ordered a former Kogi State governor, Yahaya Adoza Bello to present himself before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, for arraignment before any further...
read more
EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud
August 19, 2024 No Responses

EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud

The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.The defendant was...
read more
UBA, Four Others Face $900k Fraud Charges
August 13, 2024 No Responses

UBA, Four Others Face $900k Fraud Charges

United Bank for Africa (UBA) Plc has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by...
read more
Court Stops Sale Of Nigeria Air To Ethiopian Airlines
August 6, 2024 No Responses

Court Stops Sale Of Nigeria Air To Ethiopian Airlines

The Federal High Court sitting in Lagos has declared null and void the sale of Nigerian Air Ltd to Ethiopian Airlines Justice Ambrose Lewis-Allagoa in his judgment stopping the sale ordered that the proposed establishment of a national carrier-Nigeria Air,...
read more
NIMASA: Court Orders Final Forfeiture Of $16,500, ₦127m
July 10, 2024 No Responses

NIMASA: Court Orders Final Forfeiture Of $16,500, ₦127m

The Federal High Court in Lagos has ordered the final forfeiture of $16,500 and another ₦127m fraudulently diverted from the Nigerian Maritime Administration and Safety Agency (NIMASA). The monies are to be forfeited to the Federal Government of Nigeria...
read more
EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze
June 10, 2024 No Responses

EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze

The Economic and Financial Crimes Commission, EFCC has through the Court of Appeal, Abuja recovered 20 properties, 10 vehicles and three princely wristwatches from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze. In a final...
read more
Court Grants Final Forfeiture of University, Hotel, Factory
June 8, 2024 No Responses

Court Grants Final Forfeiture of University, Hotel, Factory

Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja, on Friday, June 7, 202 ordered the final forfeiture of every asset of NOK University, Gwasmyen Water Factory, Gwasmyen Event Center and Gwasmyen International Hotel in Kaduna State.The Econom...
read more
Alleged N5.8b Fraud: EFCC Arraigns Sirika, Brother, Firms
May 24, 2024 No Responses

Alleged N5.8b Fraud: EFCC Arraigns Sirika, Brother, Firms

Former Minister of Aviation, Mr. Hadi Abubakar Sirika, his brother Ahmad Abubakar Sirika and two companies Enginos Nigeria Limited and Samahah Integrated Investment Limited were, on Thursday, May 23, 2024 arraigned by the Abuja Zonal Command of the Economic an...
read more
Contractor Admits Receiving N2.17b For No Project
May 21, 2024 No Responses

Contractor Admits Receiving N2.17b For No Project

A contractor, Olugbenga Obadina who is being prosecuted by the Economic and Financial Crimes Commission, EFCC for receiving payments from the Office of the National Security Adviser, (NSA) on November 28, 2015 without any contractual agreement on Monday, May 2...
read more
Court Orders Arrest Of Ex-DG
April 27, 2024 No Responses

Court Orders Arrest Of Ex-DG

A Federal High Court sitting in Apo, Abuja has ordered the arrest of the former Director General of the National Institute for Legislative and Democratic Studies, Ladi Hamalai for her failure to appear in the corruption case preferred against her...
read more
Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud
April 23, 2024 No Responses

Court Frees Ex-NIMASA DG Over Alleged ₦8.5b Fraud

The Federal High Court sitting in Lagos has freed a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, over an alleged ₦8.5bn fraud brought against him by the Economic and Financial Crimes C...
read more
Shell Sues FIrm As NLNG Risks Sanctions From UK Court
April 15, 2024 No Responses

Shell Sues FIrm As NLNG Risks Sanctions From UK Court

FOLLOWING restriction of Liquefied Natural Gas (LNG) supply to its customers, Shell Plc has made claims against Venture Global LNG(VGL), a United States-based LNG exporter, for its breach of contract to supply LNG cargoes.Also, Nigeria LNG may risk sanctions f...
read more
1 2 3 … 8