Legal proceedings in Nigeria’s ongoing $9.6 billion fraud case against British national James Nolan, a director in Process and Industrial Developments Ltd (P&ID), were delayed on Tuesday due to the absence of both prosecution and defence counsel. The Federal High Court in Abuja had scheduled the session for the adoption of final written addresses, but…
The Economic and Financial Crimes Commission (EFCC) has brought fresh charges against Godwin Emefiele, the former Central Bank of Nigeria (CBN) Governor, accusing him of illicitly obtaining a 753-unit housing estate in Abuja and managing vast sums of naira through proxy accounts during his time in office. The EFCC has filed an eight-count charge at…
The suspension of Justice Inyang Ekwo of a Federal High Court in Abuja stalled the Economic and Financial Crimes Commission (EFCC)’s money laundering case against former Anambra Governor, Willie Obiano. The National Judicial Council (NJC) at its 108th meeting held between April 29 and April 30, suspended Justice Ekwo. Although the Chief Judge of FHC,…
An Ikeja Special Offences Court on Wednesday issued a bench warrant for the arrest of a defendant, Toyosi Ayodele, over alleged N600 million and $50,000 agribusiness investment fraud. Ayodele, alongside his companies Reaprite Global Ltd and Agrorite Ltd, are facing an 11-count charge of obtaining money under false pretences and stealing, brought by the Economic…
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…
The trial of the ex-Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, charged with defrauding Arik Air was stalled due to his counsel, Mr Olasupo Shasore’s absence. Kuru and four others are facing charges of N76 billion and $31.5 million fraud, respectively. The other defendants are former Receiver Manager of Arik…
On Friday, May 16, 2025, the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) presented its inaugural prosecution witness, Peter Obumuneme Okoye, also known as Mr P, against Jude Chigozie Okoye, the elder brother and former manager of the renowned musical duo, P-Square. The case was brought before Justice Rahman Oshodi…
The Federal High Court in Abuja on Monday, fixed July 2 for the trial of 109 foreigners, over alleged involvement in high-level cybercrime and hacking activities said to be threatening the nation’s security. The matter could not go on due to the absence of the trial judge, Justice Ekerete Akpan, in court. The judge was…
Justice Chukwujekwu Aneke of the Federal High Court in Lagos has approved a bail amount of N20 million for music producer Ezekiel Onyedikachi, popularly known as EeZeeTee, in relation to a recent allegation of $255,000 forex transaction fraud brought against him by the Economic and Financial Crimes Commission (EFCC). In a concise ruling delivered on…
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…
