Counsel to the Economic and Financial Crimes Commission (EFCC), Dr Wahab Shittu (SAN), on Tuesday alleged misleading media reports of the fraud trial of a former Managing Director of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and four others. Kuru and the others are charged with fraud and theft to the tune of N76…
The Economic and Financial Crimes Commission (EFCC) has recovered a gun and other materials from 74 suspected internet fraudsters arrested in Abuja. Its Spokesperson, Dele Oyewale, said this in a statement on Monday in Abuja. ”Items recovered from them include 86 phones, one rifle pistol and three motorcycles,” he said. According to him, the suspects…
A constitutional lawyer, Joshua Ijaodola, has urged the Federal High Court in Abuja to nullify the Acts enabling the Economic and Financial Crimes Commission (EFCC) and the Nigeria Security and Civil Defence Corps (NSCDC) as being unconstitutional. Ijaodola, in two fresh suits, argued that the acts violated Section 214 of the 1999 Constitution (as amended)…
Witnesses in the trial of ex-Kogi State Governor Yahaya Bello have testified that no payments were made by the defendants into the company accounts involved in a disputed real estate transaction. Bello, along with co-defendants Umar Oricha and Abdulsalami Hudu, is facing 16 charges brought by Nigeria’s anti-corruption agency, the EFCC, relating to allegations of…
An Ikeja Special Offences Court has ordered the Economic and Financial Crimes Commission (EFCC) to provide an investigative report and e-statement of Keystone Bank with the Central Bank of Nigeria (CBN). Justice Rahman Oshodi made the order on Tuesday in the ongoing N20 billion fraud trial involving the former Managing Director of the Asset Management…
The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned two companies, JBA Advisory Ltd. and Platform Capital Investment Partners Ltd over alleged fraudulent retention of funds totaling N47.9 million and $300,000. EFCC arraigned the two companies before Justice Olubusola Okunuga on two-count charge bordering on retention of stolen property. One of the counts read…
An Ikeja Special Offences Court on Tuesday issued a bench warrant for the arrest of Peter Ekweozor, suspected of internet fraud. Justice Olubunmi Abike-Fadipe issued the warrant due to the defendant’s failure to appear for arraignment. The judge adjourned the case until June 18 for further proceedings. Earlier, the Economic and Financial Crimes Commission (EFCC)…
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday told an Abuja High Court that the Economic and Financial Crimes Commission (EFCC) failed to tender all the statements he made in their office. Idris in his evidence in the trial-within-trial ordered by the court following the objection raised by his counsel, Chris Uche…
The Federal High Court in Abuja, on Wednesday adjourned the money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against Ali Bello and co-defendant, Dauda Sulaiman, until May 23. Justice James Omotosho adjourned the matter after taking the testimonies of two prosecution witnesses, identified as bank officials. Bello, who is currently the…
An Ikeja Special Offences Court on Wednesday remanded a man Ntai Bagshaw for allegedly stealing N45 million. Justice Olubusola Okunuga remanded Bagshaw at the EFCC custody and adjourned the case until May 22 for hearing of his bail application and commencement of trial. The News Agency of (NAN) reports that Bagshaw was arraigned alongside his…
