President Buhari appoints EFCC acting chairman after Magu’s suspension

President Muhammadu Buhari on Friday approved the suspension of Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. Umar Gwandu, spokesperson for Attorney-General of the Federation, Abubakar Malami (SAN), confirmed the news in a statement on Friday. The statement added that EFCC’s Head of Operations, Mohammed Umar, had been named as the Acting … Continue reading President Buhari appoints EFCC acting chairman after Magu’s suspension

Former aide to Goodluck Jonathan on trial for allegedly embezzling ₦702 million

    The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Doyin Okupe, a former Senior Special Assistant to former President Goodluck Jonathan, on a 59-count charge bordering on “money laundering and criminal diversion of funds” to the tune of ₦702 million. Image: Doyin Okupe According to Tony Orilade, acting Head, Media and Publicity of … Continue reading Former aide to Goodluck Jonathan on trial for allegedly embezzling ₦702 million

EFFC demands forfeiture of $2.8m seized at Enugu airport

  Nigeria's Economic and Financial Crimes Commission (EFCC) has asked the Federal High Court in Enugu State to grant an order of interim forfeiture of the $2.8 million seized by its officers in the eastern state. The motion was filed at the Federal High Court sitting in Enugu State. Information from the EFCC show that … Continue reading EFFC demands forfeiture of $2.8m seized at Enugu airport

Internet fraudster used “propagation of Islam” to scam victim of 20 million naira

Justice Zainab Bage Abubakar of the Federal High Court Gusau, Zamfara State earlier this week ruled on a fraud case from Nigeria's Economic and Financial Crimes Commission (EFCC) against one Mohammed Yusuf. The accused person was convicted of internet scam and handed a 7-year prison term on each of the eleven counts preferred against him by … Continue reading Internet fraudster used “propagation of Islam” to scam victim of 20 million naira

Romance Scam: Court jails Fraudster who swindled an American of $53,500 for Love

A 22 years old internet fraudster, Bike John Niye has been sentenced to one and half years imprisonment by a Lagos State High Court sitting in Ikeja,  for defrauding one Laura Wallmam of Indiana, United States of America the sum of $53,500. According to a report from the Economic & Financial Crimes Commission (EFCC), Justice … Continue reading Romance Scam: Court jails Fraudster who swindled an American of $53,500 for Love

Nigerian church thanks EFCC for recovering N11.9m

The Redeemed Christian Church of God (RCCG) has commended the Economic and Financial Crimes Commission (EFCC) for being "an agent of transformation." EFCC Conference (Source: EFCC via Sahara Reporters). According to Sahara Reporters, this commendation was given on Wednesday by one of the regional Ministers of the Church, Pastor Mark Barango, while receiving a sum of N11,984,844.11 recovered and returned to … Continue reading Nigerian church thanks EFCC for recovering N11.9m