The Economic and Financial Crimes Commission (EFCC) has uncovered $12.9billion more arms deals fraud during the administration of ex-President Goodluck Jonathan, it was learnt yesterday. According to The Nation, The development has brought arms funds, which were diverted to other uses, to $15billion as the initial probe covered only $2.1billion. As part of the ongoing […]
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Economic and Financial Crimes Commission (EFCC) investigators have discovered that about N4billion was channeled through the account which former Finance Minister Mrs. Nenadi Usman operated for campaign funds purposes, it was learnt at the weekend. The account is titled “Joint Trust Dimension Nigeria Limited”. A substantial part of the funds was disbursed to Peoples Democratic […]
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The Campaign for Democracy on Sunday, asked the Economic and Financial Crimes Commission, to commence the process of prosecuting former President Goodluck Jonathan, over his alleged roles in the disbursement of the $2.1bn meant for the procurement of arms to fight insurgency. The CD in a statement by its National President, Ifeanyi Odili, and made […]
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The Director of Finance of the Goodluck Jonathan Campaign Organisation, Senator Nenadi Usman, has returned N23m to the Federal Government, Punchng report. Usman was last Thursday arrested by the Economic and Financial Crimes Commission for allegedly receiving N2.5bn which emanated from the Central Bank of Nigeria. Source at the EFCC told on condition of anonymity that she […]
Read More The Nigeria Economic and Financial Crimes Commission(EFCC) yesterday commenced investigation of four companies that were allegedly paid N1.450billion by the Office of the National Security Adviser(ONSA). The cash was said to be part of the $2.1billion voted for arms which was diverted to other use. A top functionary of the Goodluck Jonathan government who is […]
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Former Aviation Minister Femi Fani-Kayode will have to live without one of his accounts for now. The account has been frozen by the Economic and Financial Crimes Commission (EFCC) as it steps up investigation into the alleged N4billion campaign bazaar cash received from ex-President Goodluck Jonathan in the build-up to the 2015 elections. The funds were […]
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Fani-Kayode, in an article on Friday, alleged that former governors Babatunde Fashola of Lagos State and his Rivers State counterpart, Rotimi Amaechi, funded President Muhammadu Buhari’s campaign. Fani-Kayode, who is a former Minister of Aviation, said this in an article titled, ‘The Money Transfers and the Truth about the Presidential Campaign Funds’, which he wrote […]
Read More [su_dropcap]T[/su_dropcap]wo Federal Government officials have gone to the United States for talks on President Muhammadu Buhari’s anti-corruption war. According to The Nation, Attorney-General of the Federation (AGF) and Justice Minister Abubakar Malami and Economic and Financial Crimes Commission (EFCC) Chair Ibrahim Magu are in the United States, barely two weeks after a similar trip to […]
Read More [otw_shortcode_dropcap label=”B” size=”medium” border=”border” border_color_class=”otw-red-border” shadow=”shadow”][/otw_shortcode_dropcap]ARELY three days after the Presidency claimed that 300 persons and companies were implicated in N116billion “curious” contracts issued by the Office of the National Security Adviser(ONSA), details of the cash some of those indicted will refund have emerged. Also at the weekend, it was learnt a former Director of […]
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THE Economic and Financial Crimes Commission on Tuesday separated a former Niger Delta militant leader, Government Ekpemupolo, alias Tompolo, from 40 counts of alleged N45.9bn fraud it filed at the Federal High Court in Lagos. Tompolo was listed as the first accused person in the charge, which the EFCC filed in January before Justice Ibrahim […]
Read More All seems set for the repatriation of over $200billion stashed away by some former governors, ex-ministers and other public officers in the United Arab Emirates (UAE), The Nation report. Some mansions belonging to some former Politically Exposed Persons (PEPs) and their cronies or fronts may also be seized, a source said. Under the searchlight for stashing […]
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YESTERDAY, a Lagos State High Court fixed April 14 and 20 for trial in a N754,740,680.00 case of fraud against an ex-Director-General of the Nigeria Maritime Administration Safety Agency, (NIMASA) Patrick Akpobolokemi, and six others. Justice Raliat Adebiyi ruled after dismissing preliminary objections by Akpobolokemi and two others challenging the court’s jurisdiction to hear the […]
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