BREAKING: Emefiele gets N300m bail over new Naira note printing

Former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has been granted a N300million bail following his arraignment on a four-count charge of printing new naira notes without observing due process. Emefiele pleaded not guilty when the charge brought against him by the Economic and Financial Crimes Commission (EFCC) was read. The ex-Governor […]

EFCC arrests Sirika, slams Emefiele with fresh charges

Immediate-past Minister of Aviation Hadi Sirika has been arrested. He is due to face charges alongside his brother, Abubakar, following an investigation into alleged N8.06 billion fraud during his tenure. Chairman of the Economic and Financial Crimes Commission (EFCC) Ola Olukoyede announced this yesterday. He also insisted that former Kogi State Governor Yahaya Bello was […]

BREAKING: EFCC operatives surround Yahaya Bello’s Abuja residence

Some operatives of the Economic and Financial Crimes Commission (EFCC) have besieged the residence of the immediate past governor of Kogi state, Yahaya Bello, in Abuja. The former governor’s house is located at 9, Bengazi Street in Zone 4 of Wuse District area of Nigeria’s capital city, Abuja. Read Also: Kogi Election: Everyone threatening violence’ll […]

BREAKING: Cubana Chief Priest escapes jail, gets N10m bail for alleged Naira abuse

Night life business and social media celebrity Paschal Okechukwu aka Cubana Chief Priest has pleaded not guilty to the three count charge bordering on Naira abuse filed against him by the Economic and Financial Crimes Commission (EFCC). Cubana Chief Priest, who was dressed in a wine coloured senator buba and sokoto style, looked calm as […]

EFCC slams Emefiele fresh 26-count abuse of office charge

More trouble seems to await the immediate past Central Bank of Nigeria (CBN) Governor Godwin Emefiele as the Economic and Financial Crimes Commission (EFCC) has slammed him with a fresh a 26-count charge bordering on corruption. He is expected to be arraigned on Monday at the Ikeja State High Court in Lagos for alleged abuse […]

Binance chief, others charged with money laundering

The Federal High Court in Abuja has scheduled the arraignment of Binance Holdings Limited and two of its officials – Tigran Gambaryan and Nadeem Anjarwalla – for tomorrow. The firm, Gambaryan and Anjarwalla, who escaped from lawful custody on March 22, will be arraigned before Justice Emeka Nwite on two separate charges. The one filed […]

Audit Report: CBN has no records of money recovered by EFCC 

The Central Bank of Nigeria (CBN) has no records of monies recovered by the Economic and Financial Crimes Commission (EFCC) between 2016 and 2019 as required. This is according to the Office of the Auditor General for the Federation (OAuGF) in its 2020 Audited report of government finances. The report, dated November 30, 2023, was […]

Kogi alleges plot to use EFCC to discredit ex-Gov Bello

The Kogi State Government has raised the alarm over what it described as a desperate attempt by “criminals masquerading as politicians” to tarnish the image of the immediate past Governor Yahaya Bello through the Economic and Financial Crimes Commission (EFCC). A statement by Commissioner for Information and Communications Kingsley Fanwo wondered how the anti-graft in […]

Ex-minister Sadiya appears in EFCC to beat ultimatum over N37b probe

Following the adamant posture of the Economic and Financial Crimes Commission (EFCC) on the 72-hour ultimatum for her, a former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq has reported for interrogation. The ex-minister was invited by the EFCC over alleged laundering of N37, 170,855,753.44 in her ministry during her tenure through […]

EFCC confirms arrest of ex-power minister Agunloye

A few days after being listed as wanted, Olu Agunloye, former minister of state for power, was confirmed to be in custody by the Economic and Financial Crimes Commission (EFCC). According to a Channels Television source within the anti-graft bureau, Agunloye has been in custody since December 13, 2023. The source said: “He has been […]