Tag: Fraud

Alleged Tax Evasion: EFCC Arraigns TSTV MD, Others
June 7, 2024 No Responses

Alleged Tax Evasion: EFCC Arraigns TSTV MD, Others

The Federal Government has arraigned two chief executives of Telecom Satellites Limited (TSTV), over alleged tax evasion, money laundering and advanced fee fraud offences, before Justice Inyang Ekwo of the Federal High Court, Abuja. They are Bright Echefu who is the...
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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...
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Court Jails Ex-FCMB Manager 121 Years For N112m Fraud
May 4, 2024 No Responses

Court Jails Ex-FCMB Manager 121 Years For N112m Fraud

Justice S. N. Odili of the Anambra State High Court sitting in Onitsha, Anambra State, has convicted and sentenced a former manager with First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, to a cumulative 121 years imprisonment for diverting...
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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...
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EFCC Declares Yahaya Bello Wanted Over Alleged N80.2b Fraud
April 19, 2024 No Responses

EFCC Declares Yahaya Bello Wanted Over Alleged N80.2b Fraud

Former Governor of Kogi State, Yahaya Bello has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged N80.2 billion fraud.   EFCC called on those with vital information about the former Kogi governor’s whereabouts...
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FG Warns Against Obstruction Of EFCC From Lawful Duty
April 18, 2024 No Responses

FG Warns Against Obstruction Of EFCC From Lawful Duty

The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial Crimes Commission (EFCC) from carrying out its lawful duty.Fagbemi gave the warning Thursday in a statement released i...
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Zenith Bank Denies MD’s Arrest
January 11, 2024 No Responses

Zenith Bank Denies MD’s Arrest

Zenith Bank Plc has refuted claims that its Group Managing Director/Chief Executive Officer, Dr Ebenezer Onyeagwu, was arrested and held by the anti-graft agency, the Economic and Financial Crimes Commission, in relation to alleged fraud at the Ministry of Hum...
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Minister Of Interior Reacts To Alleged N438m ‘Consultancy Fees’
January 9, 2024 No Responses

Minister Of Interior Reacts To Alleged N438m ‘Consultancy Fees’

The Minister of Interior, Olubunmi Tunji-Ojo, has denied reports that his company is involved in the contract allegations linked with the ministry of humanitarian affairs.  An online Newspaper had reported that a company allegedly owned by Tunji-Ojo alleg...
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Tinubu Suspends Betta Edu
January 8, 2024 No Responses

Tinubu Suspends Betta Edu

President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect.According to a statement issued by  Special Adviser to the President(Media & Publicity), Chief Ajuri Ngelale...
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NADDC Raises Alarm Over DG’s Impersonation, Fraud
November 28, 2023 No Responses

NADDC Raises Alarm Over DG’s Impersonation, Fraud

The National Automotive Design and Development Council (NADDC) on Monday raised alarm over the alleged impersonation of its Director General, Mr Oluwemimo Joseph Osanipin.  In a public notice obtained by City Business News, NADDC said:...
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NPA Retiree Jailed 14 Years For N24.3m Fraud
April 20, 2023 No Responses

NPA Retiree Jailed 14 Years For N24.3m Fraud

An Ikeja Special Offences Court on Wednesday sentenced a retired staff of the Nigeria Ports Authority (NPA), Nasiru Ogara, to 14 years’ imprisonment for engaging in N24.3 million waste bin and vehicle documents fraud.  Justice Mojisola Dada, while deliverin...
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Customs Warns Officers Against Fraud, Threatens More Sack, Sanctions
October 24, 2022 No Responses

Customs Warns Officers Against Fraud, Threatens More Sack, Sanctions

The Nigeria Customs Service (NCS) will continue to wield its “big stick” on officers found to be involved in fraudulent practices.  The National Public Relations Officer of the service, Deputy Comptroller Timi Bomodi told the News Agency of Nigeria (N...
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NCC To Partner CBN On e-Fraud  
March 15, 2022 No Responses

NCC To Partner CBN On e-Fraud  

The Nigerian Communications Commission (NCC) is to partner Central Bank of Nigeria (CBN) to tackle e-fraud identified as the greatest threat to digital finance.   NCC’s Director of Consumer Affairs Bureau, Mr Efosa Idehen, gave the assurance at the...
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Customs Intercepts N71m Cash
November 29, 2021 No Responses

Customs Intercepts N71m Cash

The Katsina State Command of Nigeria Customs Service (NCS) has intercepted a vehicle loaded with more than N71 million.    Briefing Journalists on Monday, Acting Controller at the command, Alhaji Dalhat Wada-Chedi, said: “We intercepted the mo...
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