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…
The immediate past Governor of Kogi State, Yahaya Bello, has again honoured the invitation of the Economic and Financial Crimes Commission (EFCC) over alleged misappropriation of funds. A statement by his media office confirmed that the former governor went to the office with his lawyers on Tuesday morning, following the Supreme Court judgment which dismissed…
The Economic and Financial Crimes Commission (EFCC) has announced the successful prosecution of four former governors and two former ministers over the past 12 months under the leadership of Executive Chairman Ola Olukoyede. During a press briefing in Abuja on Thursday, Olukoyede, represented by the agency’s Director of Public Affairs, Wilson Uwujaren, highlighted the commission’s…
