economic and financial crimes commission

The Economic and Financial Crimes Commission has named three oil marketing companies which allegedly aided a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, to distribute an alleged bribe of $115m to compromise the 2015 general election. An investigator with the anti-graft...

Nigerian Police in Abuja on Friday carried out a search on the Maitama, Abuja official guest house of the Deputy President of the Senate, Senator Ike Ekweremadu. Special Adviser to the Deputy President of the Senate, Mr. Uche Anichukwu who confirmed the development told Vanguard Newspaper said...

Mrs Titi Atiku Abubakar, wife of former Vice President Abubakar Atiku, on Tuesday told an Ikeja High Court, that she trusted a business partner who allegedly defrauded her of N918 million because of his status as a pastor. “I thought that the first defendant, being a pastor, he will not defraud...

Ibrahim Magu, the acting chairman of Economic and Financial Crimes Commission (EFFC), has declared that he is ready to die for Nigeria. Addressing an anti-corruption rally in Abuja, the EFCC boss said, “I stand before you today and make a solemn pledge never to give up the fight. Those who...

A witness of the Economic and Financial Crimes Commission, EFCC, Kenneth Uchechuchukwu Osokogu, on Tuesday, narrated how the Defence Headquarters (DHQ) under Alex Badeh’s watch made payments to the tune of N157million to companies linked to the former Chief of Defense Staff, CDS, for...

The Economic and Financial Crimes Commission on Monday re-arraigned a former Minister of Aviation, Femi Fani-Kayode, for an alleged fraud of N4.9bn. Fani-Kayode was re-arraigned before a new judge, Justice Rilwan Aikawa, after he objected to being tried before Justice Muslim Hassan. A former...

The Economic and Financial Crimes Commission, EFCC has issued a statement denying claims by the Senate Caucus of the Peoples Democratic Party, PDP that they were plans to arrest Deputy Senate President, IKe Ekweremadu. Read EFCC statement below: ''The attention of the Economic and...

The Presidential Investigative Committee has asked the suspended Secretary to the Government of the Federation, Mr. Babachir Lawal, and the Director-General of the National Intelligence Agency (NIA), Mr. Ayo Oke to submit 9 important documents on or before Monday, April 24, 2017. The...

The Economic and Financial Crimes Commission, EFCC, has searched the apartments of the immediate past Governor of Anambra State, Peter Obi; and a former Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu, as part of investigations into the $43.4m, £27,000 and N23m (N13bn) recovered...

Former Minister of Aviation and Chieftain of the Peoples Democratic Party, PDP has claimed that the Minister of Transport, Hon. Rotimi Amaechi owned the Lagos properties where Economic and Financial Crimes Commission, EFCC recovered huge sum of cash. A report has earlier said that the National...

A former chairman of the People's Democratic Party, Adamu Muazu, has finally admitted that he is the owner of 16 Osborne Road in Ikoyi, Lagos where the Economic and Financial Crimes Commission (EFCC) recently discovered a hoard of $50 million in cash. Mr. Muazu admitted to owning the building...

Senator Solomon Adeola, representing Lagos West Senatorial District, on Wednesday expressed denied alleging his ownership of N15 billion in foreign and local currencies discovered by the Economic and Financial Crimes Commission, (EFCC) in an apartment at Osborne Towers in Lagos. An online news...

Sahara Reporters has obtained an exclusive Video of the Economic and Financial Crimes Commission, EFCC uncovering money at a house in Lagos. The media house said the recovered amount comprised of $43.4m, N23.2m, £27,800 [totaling over $50million] and revealed that the house where the money was...

The Economic and Financial Crimes Commission, EFCC has debunked media reports claiming that it gave some of the properties seized from late ex-Bayelsa governor Diepreye Alamieyeseigha as gifts to Femi Falana. In a statement released by its spokesperson Wilson Uwujaren, the EFCC said the...

The Economic and Financial Crimes Commission (EFCC) has arrested two directors of the Central Bank of Nigeria. PUNCH reports that the directors were arrested for Forex manipulation. An EFCC source said, “We have arrested two directors of the CBN in connection with forex manipulation. We...

President Muhammadu Buhari is reportedly set to commence lobbying of the Senate for the screening and final confirmation of Ibrahim Magu as substantive Chairman of the Economic and Financial Crimes Commission (EFCC). New Telegraph quoted an anonymous top presidency official that the President...

The House of Representatives said nothing was wrong with Senate’s rejection of Mr Ibrahim Magu as Chairman of Economic and Financial Crimes Commission (EFCC). Chairman, House of Representatives Committee on Public Affairs, Abdurazak Namdas, told newsmen in Abuja, “This Senate I know has...

Senate President Bukola Saraki is claiming that Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission, EFCC was not disqualified because of the DSS report. Saraki who is currently in Morocco for an African summit on climate change and food security told TVC that...

Ibrahim Magu, acting Chairman of the Economic and Financial Crimes Commission, EFCC, won the 2016 Person of the Year Award by the Leadership Newspapers. The award was bestowed on him for “doing one of the nation’s most challenging jobs in your dogged fight against corruption, working...

There are indications that President Muhammadu Buhari may renominate Ibrahim Magu for confirmation as Substantive chairman of the Economic and Financial Crimes Commission. The President's renomination is said to be based on advise given by the Presidential Advisory Committee on Corruption...