Tag: Financial Crime

Court Convicts Ex-NHIS Boss,Femi Thomas , BDC Operator
July 24, 2025 No Responses

Court Convicts Ex-NHIS Boss,Femi Thomas , BDC Operator

Justice Ayokunle Faji of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, July, 24, 2025, convicted the duo of Dr. Olufemi Martins Thomas, a former Executive Secretary, National Health Insurance Scheme, NHIS, and one Kabiru Sidi, a Bureau...
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EFCC Probes Suspect Over Undeclared $29,000 At Lagos Airport
July 9, 2025 No Responses

EFCC Probes Suspect Over Undeclared $29,000 At Lagos Airport

Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of one Rajesh Kumar arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sum of $29,000( Twenty Nine.....
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Court Jails Ecobank Staff One Year For N2.4m Cybercrime
June 16, 2025 No Responses

Court Jails Ecobank Staff One Year For N2.4m Cybercrime

Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos, on Monday, June 16, 2025, convicted and sentenced one Solomon Stephen Ufayo, a staff of Ecobank Plc, to one-year imprisonment for cybercrime.The convict was arraigned on Friday, May...
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EFCC Arraigns Director For Alleged N13.8b Fraud
June 16, 2025 No Responses

EFCC Arraigns Director For Alleged N13.8b Fraud

The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has arraigned the director of Glossalalia Nigeria Ltd and Pelenged Nigeria Ltd, Precious Williams before Justice S. I . Mark of the Federal High Court, sitting in...
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EFCC Arrests 120 Suspected Internet Fraudsters In Lagos
May 19, 2025 No Responses

EFCC Arrests 120 Suspected Internet Fraudsters In Lagos

Operatives of the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested 120 suspected internet fraudsters, comprising 95 male and 25 female at various locations in Lagos.The suspects were arrested on Monday, May 19, 202...
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EFCC Arraigns Sunsteel MD, Adewoye For Alleged $680,622.65 Fraud
May 9, 2025 No Responses

EFCC Arraigns Sunsteel MD, Adewoye For Alleged $680,622.65 Fraud

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, Ikoyi, Lagos, on Thursday, May, 8, 2025, arraigned Olalekan Adewoye, Managing Director and Chief Executive Officer, CEO, of Sunsteel Industries Limited, before Ju...
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EFCC Probes Suspect Arrested with $578,000
March 22, 2025 No Responses

EFCC Probes Suspect Arrested with $578,000

Operatives of the Lagos Directorate 2 of the Economic and Financial Crimes Commission (EFCC) have commenced investigations of a suspect, Okorie Sylvernus Sunday, arrested at the Murtala Muhammed International Airport, Ikeja, Lagos, by the Nigeria Customs Servi...
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EFCC Arrests 13 Suspected Internet Fraudsters In Benin
February 11, 2025 No Responses

EFCC Arrests 13 Suspected Internet Fraudsters In Benin

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested 13 suspected internet fraudsters in Benin City, Edo State.A statement issued by EFCC explained that the suspects’ arrest followed credible intellig...
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Medical Doctor Bags Seven Years Imprisonment For N127m Fraud
February 9, 2025 No Responses

Medical Doctor Bags Seven Years Imprisonment For N127m Fraud

A Federal High Court, sitting in Calabar, Cross River State, presided over by Justice Rosemary Oghogho-rie has convicted and sentenced Dr. Geraldine Orok Ita to prison for fraud.Ita was prosecuted by the Uyo Directorate of the Economic and Financial Crimes...
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Ex-First Bank Staff Forfeits N1.1b, $392,818.01, £35,070 To FG
February 4, 2025 No Responses

Ex-First Bank Staff Forfeits N1.1b, $392,818.01, £35,070 To FG

Justice A.O.Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of the sums of N1,168,602,877.44, (One Billion, One Hundred and Sixty Eight Thousand, Six Hundred and Two, Eight Hundred and Seventy Seven Naira, Forty...
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EFCC, Nigeria Customs, NFIU, Train Law Enforcement Officers
February 4, 2025 No Responses

EFCC, Nigeria Customs, NFIU, Train Law Enforcement Officers

The Economic and Financial Crimes Commission (EFCC) in collaboration with the Nigeria Customs Service (NCS) and the Nigeria Financial Intelligence Unit (NFIU) have organized a two-day empowerment Workshop for fifty law enforcement officers drawn from various a...
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FCT-IRS Seeks EFCC’s Collaboration In Tackling Tax Fraud
January 29, 2025 No Responses

FCT-IRS Seeks EFCC’s Collaboration In Tackling Tax Fraud

The Federal Capital Territory Internal Revenue Services (FCT-IRS) has called on the Economic and Financial Crimes Commission, EFCC, to assist it in tackling tax liability of suspects being investigated for any form of economic and financial crime and other act...
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Alleged 76b, $31.5m Fraud: EFCC Arraigns Ex- AMCON MD, Arik Air MD, Union Bank, Others
January 20, 2025 No Responses

Alleged 76b, $31.5m Fraud: EFCC Arraigns Ex- AMCON MD, Arik Air MD, Union Bank, Others

The Economic and Financial Crimes Commission (EFCC), on Monday, January 20, 2025, arraigned a former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, current Managing Director of Arik Air, Captain Roy Ilegbodu, and Receiver...
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EFCC Warns Banks Against Fraudulent Practices
November 23, 2024 No Responses

EFCC Warns Banks Against Fraudulent Practices

The Economic and Financial Crimes Commission (EFCC) has warned banks against making themselves available as instruments of fraud.The warning was handed down on Friday when the management team of Moniepoint, led by its founder and Group CEO, Tosin Eniolorunda p...
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