How we recovered N70bn within 100 days, EFCC
The Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N70 billion within 100 days, between October 2023 and January 19, 2024. Details of the recovery were outlined in an EFCC document titled, ‘Operations and Recoveries’. The document revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period. Within the same period, the Commission said it received a total of 3,325 petitions, accepted 2,657 of them and secured the convictions of 747 persons for financial crimes, ranging
EFCC releases 5.7bn out of N7.9bn seized from Okorocha to Imo
The Economic and Financial Crimes Commission (EFCC) has told a former Governor of Imo State and Senator representing Imo West Senatorial District at the National Assembly, Senator Rochas Okorocha, to get ready for his day in court. Speaking at the commission’s zonal office in Port Harcourt, Rivers on Thursday, the Zonal Head, Usman Imam, said N7.9bn belonging to Imo was seized from the former governor during EFCC investigations. Imam, who has been in charge of the ongoing probe of the former governor, said the commission returned over N5.7bn to various administrations in Imo to pay salaries and pensions of workers.
Senators don’t want to stand surety for Maina – Lawyer
Senators are reluctant to stand as surety to a former chairman of the Pension Reform Task Team (PRTT), Abdulrasheed Maina, his lawyer, Afam Osigwe, said. Mr Osigwe made this known on Thursday, during the ongoing criminal trial of Mr Maina, at the federal high court in Abuja. The judge, Okon Abang, who is presiding over the matter, had asked the defendant’s lawyer, whether Mr Maina has been able to perfect his bail conditions. Responding, Mr Osigwe said: “Unfortunately, senators are reluctant to stand in for Maina.” Mr Maina’s lawyer further said he is trying to explore other strategies to ensure
Shehu Sani Arraigned, Pleads Not Guilty To Bribery, Fraud Charges
former member of the Senate representing Kaduna Central, Senator Shehu Sani, has pleaded not guilty to two counts of bribery and advance fee fraud. The charges were brought against him by the Economic and Financial Crimes Commission (EFCC). Get the latest news at your fingertips by Downloading our news App via Google Play Store Senator Sani, however, pleaded not guilty to the charges on Monday during his arraignment by the anti-graft agency at the Federal High Court in Abuja. Upon pleading not guilty to the charges, his counsel, A. Ibrahim, asked the court to grant his client bail. The lead
EFCC invades election venue in Imo rerun
Officials of the Economic and Financial Crimes Commission (EFCC) on Saturday invaded booth 003 Umucaram Amaraku in Isiala Mbano council area of Imo over alleged vote-buying. The anti- graft agency, in company of combined security agencies, stormed the election value and interrogated Mr Obinna Onwubuariri, candidate of PDP in the rerun election. INEC had fixed Jan. 25 for the rerun of Okigwe North Federal constituency following nullification of the election by an appeal court. However, the EFCC told NAN that they stormed the election venue to investigate allegation of vote-buying against the PDP candidate. They also attempted to arrest a
I Still Can’t Get Senators with N1bn Properties as My Sureties, Maina Tells Court
A former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, who is standing trial on charges of money laundering involving N2billion yesterday appealed to the Federal High Court in Abuja to drop some of the conditions attached to the N1billion granted him by the Court in November last year. Maina, who was arraigned along with his firm, Common Input Property and Investment Limited, has been remanded in Abuja prison since October last year due to his inability to meet the bail conditions. He told Justice Okon Abang, yesterday that the part of the bail conditions requiring him to
Magu stays as Court dismisses suits seeking his removal as EFCC acting chair
The Federal High Court in Abuja on Wednesday dismissed some suits seeking the removal of Mr. Ibrahim Magu as the Acting Chairman of the Economic and Financial Crimes Commission. The plaintiffs had sought Magu’s removal on the grounds that the Senate had twice rejected his appointment and refused to screen him to take up the position in a substantive capacity. They argued that Magu, who has been acting as the EFCC chairman since 2015, having been rejected by the senate, was not fit to continue to serve in that capacity. Delivering judgment, Justice Ijeoma Ojukwu held that there was a
EFCC Seizes Air Peace Boss Passports, Restricts His Movement
On the 23rd of November, 2019, Allen Ifechukwu Athan Onyema, the Chairman of Air Peace was charged with 27 counts of money laundering by one U.S. Attorney Byung J. “BJay” Pak. Mr. Byung said that Onyema moved more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplane. The US court had since then issued a warrant to arrest Onyema and authorised US marshals service to bring him into custody. In view of the above, the Economic and Financial Crimes Commission, EFCC, Sunday, went tough on him by
EFCC invites foreign auctioneers to sell Diezani’s N14.4bn jewelery, houses
The Economic and Financial Crimes Commission (EFCC) has contacted ‘internationally certified’ auctioneers overseas to auction off the $40 million (about N14.4 billion) jewelry, recovered from a former Petroleum Resources Minister, Mrs Diezani Alison-Madueke. EFCC acting Chairman Ibrahim Magu said 242 trailers and tankers recovered from internet scammers will also be auctioned off. Magu spoke at the commission’s Lagos Office at the ongoing EFCC stakeholders conference on crusade against cybercrime fraudsters. Details shortly…
EFCC disrupts press briefing, manhandles journalists as activists submit petition against Tinubu
Operatives of the Economic and Financial Crimes Commission on Friday manhandled journalists at its head office in Abuja while a group of activists, including the convener of Concerned Nigerians, Deji Adeyanju, was submitting a petition addressed to the Chairman of the commission, Ibrahim Magu. The activists had gone to submit a petition calling for the investigation of the source of money conveyed in bullion vans to the home of Asiwaju Ahmed Tinubu on the eve of the 2019 presidential election. Other activists who signed the petition were Ariyo-Dare Atoye of the Coalition in Defence of Nigerian Democracy and Constitution and
