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 […]

Real Estate: LASRERA, EFCC to combat fraud

The Lagos State Real Estate Regulatory Authority and the Economic and Financial Crimes Commission (EFCC) have announced that they will be collaborating to curb fraudulent practices in the real estate sector. The partnership between LASRERA and EFCC was a fallout of a courtesy visit by the Special Adviser to Lagos State Governor on Housing, Barakat […]

Ex-power minister, Agunloye, declared wanted by EFCC

  A former Minister of Power and Steel, Dr Olu Agunloye, has been declared wanted by the Economic and Financial Crimes Commission EFCC. The minister who hails from Akoko North Local Government Area of Ondo State was declared wanted by the anti-graft agency over an alleged case of corruption and forgery. The EFCC in September […]

EFCC probes ex-govs and ex-ministers, recovers N27bn, $19m

The Economic and Financial Crimes Commission (EFCC) has recovered a combined sum of N27,184,357,524.52 and $19,084,419.33 from three different money laundering cases, as further efforts are being made by the anti-graft agency to recover more illicit funds. The anti-graft agency said it would soon make public, details of its ongoing probe of some former governors, […]

EFCC apprehends 31 internet fraudsters – Enugu

Court jails engineer 11 years for N61.1m fraud In Lagos 

The Economic and Financial Crimes Commission’s (EFCC) Enugu Zonal Command arrested 33 suspected internet fraudsters in a sting operation in Enugu on Tuesday. The suspects are Michael Ogobodo, Michael Elijah, Sopuluchukwu Michael, Michael Joshua, Ogu Jerry, Ebuka Okafor, Ehinyameh Eromosele, Emeka Okongwu, Jane Ogwunga, Okpara Chidera, Emmanuel Abah, David Okwo, Chidozie Okpara, and Ngene Samuel. […]

DSS ransacks Bawa’s Abuja home, extends probe to associates

DSS complies with Tinubu’s order, vacates EFCC Lagos shared facility

Operatives of the Department of State Services have conducted a search of the Abuja home and office of the suspended Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa. The secret police, also during the week, invited Bawa’s close associates in the EFCC for questioning, over alleged mismanagement, misappropriation and diversion of proceeds of […]

EFCC warns skit, movie makers over illegal use of its jackets, insignia, others

Court jails engineer 11 years for N61.1m fraud In Lagos 

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to the activities of content creators, movies and skit producers who use EFCC-branded Jackets, symbols, insignia and other accoutrements without authorization. Wilson Uwujaren, PRO of the commission said this in statement. The Commission wishes to notify the public that the use of […]

EFCC Has Not Declared Matawalle Wanted

EFCC Has Not Declared Matawalle Wanted

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a report, entitled, Alleged N70b Fraud: EFCC Declares Ex-Zamfara Gov, Matawalle Wanted, which appeared in the Sunday Tribune of June 18, 2023 and purports that the Commission had declared a former Zamafara State governor, Bello Matawalle wanted and requested the Department […]

Court Jails Fake Bureau De Change Operator 2 Years for $169,350 Scam in PH

Lagos govt sues social media celebrity for tax evasion

Justice E. A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted and sentenced Felix Chiwendu to two years imprisonment for illegally operating a Bureau De Change business without a requisite license. The offence contravenes Section 57 (1) of Banks and other Financial Institutions Act, 2020 and punishable under Section […]

Bawa allegedly sold seized N7.8bn trucks to proxies for N24m

Bawa

Report has emerged that alleged past impropriety of suspended Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, is partly responsible for his trial. Bawa was suspended by President Bola Ahmed Tinubu. Subsequently to his suspension, he has been in the custody of the Department of State Security Services. His ordeal, Punchng citing […]