EFCC Archives — Page 5 of 8 — City Business News

November 19, 2024 No Responses

N43.5m Fraud: Court Jails NOGASA Chairman, Fatuyi 21 Years

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m fraud.The...

November 14, 2024 No Responses

$700,000 Fraud: EFCC Arraigns Syndicate Impersonating Olukoyede

The Economic and Financial Crimes Commission, EFCC, has arraigned two members of an alleged syndicate, Ojobo Joshua and Aliyu Hashim for attempted fraud and impersonating the Executive Chairman of the Commission, Ola Olukoyede. They were arraigned on Wed...

November 14, 2024 No Responses

EFCC Beams Fresh Searchlights on Insurance Fraud

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has declared the resolve of the Commission to beam stronger searchlights on the nation’s insurance industry. He made the declaration in Abuja on Wednesday, Novemb...

November 11, 2024 No Responses

EFCC Reacts To Alleged Naira Abuse At Goje’s Daughter Wedding

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a viral video where the nation’s currency, Naira, was freely sprayed at a wedding ceremony in Kano, Kano State on Friday, October 24, 2024.Allegations of the...

November 5, 2024 No Responses

Alleged N3b Fraud: I Exchanged Naira For Dollars For Yahaya Bello, Says BDC Operator

Jamilu Abdullahi, a Bureau de Change operator and the third prosecution witness in the trial of Ali Bello, on Tuesday, November 5, 2024, affirmed before Justice Obiora Egwuatu of the Federal High Court, Maitama, Abuja that funds were brought to...

October 30, 2024 No Responses

EFCC Tasks NDPHC Boss On Accountability, Due Process

The Executive Chairman, Economic and Financial Crimes Commission, (EFCC), Mr. Ola Olukoyede has tasked the Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Engineer Jennifer Adighije on integrity and accountabilit...

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...

October 22, 2024 No Responses

EFCC Unveils Cybercrime Rapid Response Service

Determined to break the criminal networks and damage associated with internet fraud across the country, the Economic and Financial Crimes Commission, EFCC, on Tuesday, October 22, 2024 unveiled a 24- hour Cybercrime Rapid Response Desk.The unveiling, which was...

October 13, 2024 No Responses

EFCC Declares Bolaji Akinduro Wanted Over Alleged Fraud

The Economic and Financial Crimes Commission (EFCC) has declared oil mogul Bolaji Akinduro wanted for alleged fraud. A statement by the EFCC urged the public to provide information on Akinduro’s whereabouts. His last known address is 272, Patience Coker Stre...

October 10, 2024 No Responses

‘Emefiele Violated Procedure In Redesigned Naira’

A former Deputy Governor of the Central Bank of Nigeria (CBN), Edward Adamu, on Wednesday told the Federal Capital Territory High Court Abuja that Godwin Emefiele, a former Governor of the Bank did not follow laid down procedure in the...

October 9, 2024 No Responses

EFCC Arrests 13 Suspected Internet Fraudsters In Uyo

Operatives of the Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have apprehended 13 suspected internet fraudsters in Nwaniba area of Uyo, Akwa Ibom State. A statement issued by EFCC explained that they were arrested on Monday,...

October 3, 2024 No Responses

EFCC Tasks TETFund On Project Monitoring

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has charged the Tertiary Education Trust Fund, (TETFund) to be more devoted to the assessment and monitoring of infrastructural projects it finances in Universities...

September 30, 2024 No Responses

EFCC Arraigns Ex-Governor, Perm Sec For Alleged N27b Fraud

The Economic and Financial Crimes Commission (EFCC) on Monday, September 30, 2024, arraigned former governor of Taraba State, Darius Dickson Ishaku and former permanent secretary, Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero, be...

September 30, 2024 No Responses

EFCC Arrests 24 Suspected Internet Fraudsters in Benin

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Monday, September 30, 2024 arrested 24 suspected internet fraudsters at different locations within Benin City.According to EFCC, the suspects were arrested foll...