The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said the Supreme Court’s judgment has placed the commission on a stronger pedestal to fight economic and financial crimes and other acts of corruption. The apex court had on 15 November 2024, dismissed the suit by 19 state governors challenging the constitutionality of the establishment and functioning of …

The former Chairman of the House of Representatives Committee on Financial Crimes, Hon. Kayode Oladele, has lauded the recent Supreme Court judgement dismissing the suit filed by 19 states of the federation challenging the establishment and prosecutorial powers of key anti-corruption agencies of the federal government; the Economic and Financial Crimes Commission, (EFCC), Independent Corrupt Practices and Other related Offenses …

The House of Representatives Committee on Public Accounts has disclosed that approximately 65,000 projects worth N32 trillion are abandoned nationwide. The committee, however, asked the Economic and Financial Crimes Commission (EFCC), to act on the report it would send to it after the conclusion of its assignment. According to the committee, some of the abandoned projects included key infrastructure, with …

The Supreme Court on Friday dismissed the suit filed by some state governments led by Kogi State to challenge the establishment and prosecutorial powers of Nigeria’s key anti-corruption agencies. The verdict laid to rest wide-ranging issues often raised by state governments against investigations and prosecutions of their current and former officials by the federal agencies. The agencies are the Economic …

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. “People …

The Economic and Financial Crimes Commission (EFCC), has summoned a Nigerian national, Ibrahim Mohammad, his family, and other guests, over alleged naira abuse at his wedding to Amina Babagana Zannah, in Kano. The invitation follows a viral video depicting individuals spraying naira notes at the event, drawing public attention and backlash as part of the agency’s ongoing campaign against currency …

The League of Patriotic Lawyers has called on the leadership urge the leadership of the Economic and Financial Crimes Commission (EFCC) “ not to be intimidated by the galaxy of cowardly governors currently shopping for judicial forum to undo the good works of the commission”. Briefing newsmen, the Chairman of the body, Abubakar Yesufu told the media that with EFCC’s …

The Peoples Democratic Party (PDP) has called on the Economic and Financial Crimes Commission (EFCC) to immediately release former Delta State Governor,  Senator Ifeanyi Okowa. At a news conference on Tuesday in Abuja, the party’s National Deputy Youth Leader, Mr. Timothy Osadolor described Okowa’s detention as political witch-hunting, persecution and another method of silencing the opposition parties, saying this was …

Operatives of the Economic and Financial Crimes Commission (EFCC), on Monday, detained a former Delta State Governor, Senator Ifeanyi Okowa, for the alleged diversion of the state’s N1.3 trillion of the 13 per cent derivation fund from the Federation Account between 2015 and 2023. A source said that Okowa was detained in Port Harcourt when he reported at the commission’s …

A Federal High Court in Abuja has fixed 21 January for ruling on a request by the Economic and Financial Crimes Commission (EFCC) to arraign and try in absentia former Kogi State Governor Yahaya Bello for alleged money laundering charge pending against him. In the charge, the EFCC accused Bello, among others, of laundering N80,246,470,088.88 belonging to Kogi State. Justice …