The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has urged the Economic and Financial Crimes Commission (EFCC) to enlist its staff in the Employees’ Compensation Scheme (ECS), as well as partner with the Fund for the benefit of both organizations and national governance. Faleye who made the call…
A Lagos State Special Offences Court in Ikeja, presided over by Justice Mojisola Dada, yesterday, declined a document sought to be tendered by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others. The EFCC had…
The Economic and Financial Crimes Commission (EFCC) has reiterated its commitment to tackling internet fraud, popularly known as Yahoo Yahoo, despite facing criticism. EFCC Chairman Ola Olukoyede revealed that Nigeria lost over $500 million to cyber fraud in just one year, underscoring the gravity of the situation. Speaking on the evolving nature of these crimes,…
The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Friday, January 31, 2025, arraigned 11 Chinese, one Filipino and a company, Genting International Co. Ltd, before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. The defendants are: Wang Zheng Ming, Li Yin Hui, Xian Hong Will, Zhang…
The Southeast leadership of the National Association of Nigerian Students (NANS) has implored the Economic and Financial Crimes Commission (EFCC) to establish a dedicated student help desk helpline. This initiative, crucial for illuminating the student populace on the EFCC’s operations and mitigating unwarranted hostel raids, was articulated during a momentous courtesy visit to the EFCC…
Court condemns media trial, denies EFCC arrest warrant request, says Otudeko, others not properly served Justice Chukwujekwu Aneke, sitting at the Federal High Court in Ikoyi Lagos denied a request by EFCC to issue an arrest warrant for Dr Oba Otudeko, Dr Bisi Onasanya and others due to lack of formal service on the defendants….
An officer of the Economic and Financial Crime Commission (EFCC) has been gunned down in Anambra State by yet-to-be-identified internet fraudster (popularly known as Yahoo Boys). The incident, it was gathered, happened on Friday at Ifite Awka, the state capital, where, sources also revealed, the Boys also critically injured another officer of the anti-graft agency,…
…Landed Property Measuring 1.925 Hectares The Economic and Financial Crimes Commission (EFCC) has secured an order for the final forfeiture of a warehouse allegedly traced to a former top official of government facing alleged money laundering charges. Highly placed sources, who spoke in confidence with EkweAnaedo, said the order was granted on Thursday by Justice…
Justice Muhammad Lawal Shuaibu, a Presiding Judge at the Court of Appeal, Sokoto Division, on Monday urged anti-corruption agents to focus on larger figures involved in corrupt practices, rather than targeting “yahoo boys.” Justice Shuaibu made this call during the opening of the North West Zonal Attorney General’s Anti-Corruption Forum (AGAF), organized by the Independent…
The Economic and Financial Crimes Commission (EFCC) has addressed public speculation surrounding the ownership of a massive estate recently forfeited to the Federal Government. The property, comprising 753 duplexes and apartments, is located in Plot 109, Cadastral Zone C09, Lokogoma District, Abuja. Responding to activist Omoyele Sowore’s claims of a “cover-up,” the EFCC clarified that…
